PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403508
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403508
Capecitabine Market Forecasts to 2030 - Global Analysis By Type (Generic and Branded), Indication (Breast Cancer, Colorectal Cancer and Other Indications),Distribution Channel, End User and By Geography
According to Stratistics MRC, the Global Capecitabine Market is accounted for $ 436.36 million in 2023 and is expected to reach $ 696.13 million by 2030 growing at a CAGR of 6.9% during the forecast period. A chemotherapy drug called capecitabine is used to treat a variety of cancers, such as abdomen, colorectal, and breast cancers. It is commercialized under the trade name of XelodaCapecitabine is used as a monotherapy or metastatic treatment for breast cancer, while in cases of colorectal cancer, the drug is mostly used as neoadjuvant therapy with radiation. It is known for its efficacy, relatively manageable side effects, and its role in improving survival rates and quality of life for individuals battling various forms of cancer.
According to the American Cancer Society report, in 2017 about 135,430 new cases and 50,260 deaths were estimated due to colon and rectum cancer in the U.S.
Market Dynamics:
Driver:
Rising in cancer cases
Capecitabine, a chemotherapy medication, is widely used in the treatment of multiple cancer types, including breast, colorectal, and gastric cancers. Its oral administration, coupled with its ability to convert into an active form within the body, makes it a convenient and potent option for cancer therapy. The expanding pool of cancer patients necessitates increased access to treatment options like Capecitabine, thereby driving its market growth as a crucial therapeutic choice in combating the rising tide of cancer cases worldwide.
Restraint:
Increasing treatment costs
As healthcare expenses rise, including medication costs, affordability becomes a concern for patients and healthcare systems. Capecitabine, a chemotherapy drug used to treat various cancers, might become less accessible due to its higher cost, impacting patient adherence and healthcare budget constraints. The increasing financial burden on individuals and healthcare providers limits access to this medication, potentially hindering its widespread use and affecting treatment options for cancer patients.
Opportunity:
Growing acceptance of oral chemotherapy
As an oral medication, capecitabine offers patients more convenience, flexibility, and a better quality of life throughout treatment than standard intravenous chemotherapy. In addition, minimal hospital visits are required, and self-administration at home is an option, which simplifies healthcare delivery and lowers expenses. Moreover, the change in cancer treatment towards oral chemotherapy is indicative of an evolutionary change. Capecitabine, with its oral formulation, is leading this trend and has positioned itself well in the market by satisfying patient demand for more convenient and accessible treatment alternatives. Thereby, it will enhance market growth.
Threat:
Lack of Skilled Professionals
Administering chemotherapy, including drugs like Capecitabine, requires specialised knowledge and training. The shortage of proficient oncologists, nurses, and pharmacists capable of managing and overseeing chemotherapy procedures could impede the effective use and prescription of Capecitabine. This dearth of skilled professionals might result in suboptimal treatment, compromising patient outcomes, and potentially limiting the drug's utilization.
COVID-19 Impact
The COVID-19 pandemic had a notable effect on the overall economy. The pandemic caused many API manufacturing plants to close during this time, which presented the API business with a number of difficulties. Some of these were supply chain disruptions, issues in locating raw materials and packaging materials, and decreased operational capacity as a result of labour shortages. But when the COVID-19 situation worsened, there was a surge in the market for several medications, which raised the need for production-related APIs.
The breast cancer segment is expected to be the largest during the forecast period
The breast cancer segment is estimated to hold the largest share. Capecitabine, an oral chemotherapy drug, is widely utilized in various stages and types of breast cancer, including metastatic breast cancer and adjuvant therapy after surgery. Its effectiveness in inhibiting cancer cell growth and its oral administration convenience make it a preferred choice in breast cancer treatment regimens. As part of combination therapies or standalone treatment, Capecitabine's efficacy in targeting breast cancer cells has established its significance, cementing its position as a pivotal component in addressing the therapeutic needs of patients battling breast cancer.
The capsules segment is expected to have the highest CAGR during the forecast period
The capsules segment is anticipated to have lucrative growth during the forecast period. Capecitabine is commonly available in capsule form, offering a convenient oral administration route for patients undergoing chemotherapy. The capsules contain the active drug, facilitating precise dosing and ease of intake. Moreover, the capsule form of Capecitabine contributes substantially to its market presence, providing both medical professionals and patients with a convenient and efficient option for managing various cancer types, further solidifying its role in the pharmaceutical landscape.
Region with largest share:
Asia Pacific commanded the largest market share during the extrapolated period due to the prevalence of cancer and vulnerable geriatric population. Additionally, the region's large population base, particularly in countries like China, India, and Japan, offers a substantial patient pool, fostering market expansion. Moreover, collaborations between pharmaceutical companies, government initiatives to enhance cancer care, and the introduction of cost-effective generic versions further propel the accessibility and adoption of Capecitabine across the Asia-Pacific region.
Region with highest CAGR:
North America is expected to witness profitable growth over the projection period due to the presence of key generic pharmaceutical companies in this region and the rise in government initiatives and special communities. Moreover, the region's robust healthcare infrastructure, advanced research facilities, and high prevalence of cancer contribute to the substantial utilisation of Capecitabine in the treatment of various cancer types, including breast and colorectal cancers. Favourable reimbursement policies and increasing investments in healthcare support the accessibility of Capecitabine, making North America a pivotal region in shaping the landscape of Capecitabine utilisation and market expansion.
Key players in the market:
Some of the key players in the Capecitabine Market include F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., Sanofi, GSK plc, Pfizer Inc., Novartis AG, Lilly, Bayer AG, Merck & Co., Inc., Aurobindo Pharma, Sun Pharmaceutical Industries Ltd., Alkem Labs Ltd, Lupin, Armas Pharmaceuticals, Inc, Dr. Reddy's Laboratories Ltd., Cipla Inc., Fresenius SE & Co. KGaA, Hikma Pharmaceuticals PLC and Intas Pharmaceuticals Limited.
Key Developments:
In December 2022, Shilpa Medicare announced that it has introduced Capecitabine (Capebel) dispersible tablet (DT) with technology of faster dispersion within 90 seconds to treat colorectal and metastatic breast cancer. This product launch may help the company to enhance their product portfolio and enhance business revenue.
In February 2021, Dr Reddy's Laboratories announced the launch of Capecitabine Tablets, USP, in the U.S. market. The product is a therapeutic equivalent generic version of Xeloda (capecitabine) tablets approved by the US Food and Drug Administration (USFDA). This product launch helped the company to enhance their product portfolio and enhance their business revenue.
Drug Types Covered:
- Generic
- Branded
Indications Covered:
- Breast Cancer
- Colorectal Cancer
- Other Indications
Distribution Channels Covered:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Drug Formulations Covered:
- Capsules
- Tablets
End Users Covered:
- Hospitals
- Speciality Centres
- Homecare
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Capecitabine Market, By Drug Type
- 5.1 Introduction
- 5.2 Generic
- 5.3 Branded
6 Global Capecitabine Market, By Indication
- 6.1 Introduction
- 6.2 Breast Cancer
- 6.3 Colorectal Cancer
- 6.4 Other Indications
7 Global Capecitabine Market, By Distribution Channel
- 7.1 Introduction
- 7.2 Hospital Pharmacy
- 7.3 Retail Pharmacy
- 7.4 Online Pharmacy
8 Global Capecitabine Market, By Drug Formulation
- 8.1 Introduction
- 8.2 Capsules
- 8.3 Tablets
9 Global Capecitabine Market, By End User
- 9.1 Introduction
- 9.2 Hospitals
- 9.3 Speciality Centres
- 9.4 Homecare
- 9.5 Other End Users
10 Global Capecitabine Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 F. Hoffmann-La Roche Ltd.
- 12.2 Teva Pharmaceutical Industries Ltd.
- 12.3 Mylan N.V.
- 12.4 Sanofi
- 12.5 GSK plc
- 12.6 Pfizer Inc.
- 12.7 Novartis AG
- 12.8 Lilly
- 12.9 Bayer AG
- 12.10 Merck & Co., Inc.
- 12.11 Aurobindo Pharma
- 12.12 Sun Pharmaceutical Industries Ltd.
- 12.13 Alkem Labs Ltd
- 12.14 Lupin
- 12.15 Armas Pharmaceuticals, Inc
- 12.16 Dr. Reddy's Laboratories Ltd.
- 12.17 Cipla Inc.
- 12.18 Fresenius SE & Co. KGaA
- 12.19 Hikma Pharmaceuticals PLC
- 12.20 Intas Pharmaceuticals Limited
List of Tables
- Table 1 Global Capecitabine Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 3 Global Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 4 Global Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 5 Global Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 6 Global Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 7 Global Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 8 Global Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 9 Global Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 10 Global Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 11 Global Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 12 Global Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 13 Global Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 14 Global Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 15 Global Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 16 Global Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 17 Global Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 18 Global Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 19 Global Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 20 Global Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 21 North America Capecitabine Market Outlook, By Country (2021-2030) ($MN)
- Table 22 North America Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 23 North America Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 24 North America Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 25 North America Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 26 North America Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 27 North America Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 28 North America Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 29 North America Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 30 North America Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 31 North America Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 32 North America Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 33 North America Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 34 North America Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 35 North America Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 36 North America Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 37 North America Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 38 North America Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 39 North America Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 40 North America Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 41 Europe Capecitabine Market Outlook, By Country (2021-2030) ($MN)
- Table 42 Europe Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 43 Europe Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 44 Europe Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 45 Europe Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 46 Europe Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 47 Europe Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 48 Europe Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 49 Europe Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 50 Europe Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 51 Europe Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 52 Europe Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 53 Europe Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 54 Europe Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 55 Europe Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 56 Europe Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 57 Europe Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 58 Europe Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 59 Europe Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 60 Europe Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 61 Asia Pacific Capecitabine Market Outlook, By Country (2021-2030) ($MN)
- Table 62 Asia Pacific Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 63 Asia Pacific Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 64 Asia Pacific Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 65 Asia Pacific Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 66 Asia Pacific Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 67 Asia Pacific Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 68 Asia Pacific Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 69 Asia Pacific Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 70 Asia Pacific Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 71 Asia Pacific Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 72 Asia Pacific Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 73 Asia Pacific Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 74 Asia Pacific Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 75 Asia Pacific Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 76 Asia Pacific Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 77 Asia Pacific Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 78 Asia Pacific Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 79 Asia Pacific Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 80 Asia Pacific Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 81 South America Capecitabine Market Outlook, By Country (2021-2030) ($MN)
- Table 82 South America Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 83 South America Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 84 South America Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 85 South America Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 86 South America Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 87 South America Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 88 South America Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 89 South America Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 90 South America Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 91 South America Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 92 South America Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 93 South America Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 94 South America Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 95 South America Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 96 South America Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 97 South America Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 98 South America Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 99 South America Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 100 South America Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 101 Middle East & Africa Capecitabine Market Outlook, By Country (2021-2030) ($MN)
- Table 102 Middle East & Africa Capecitabine Market Outlook, By Drug Type (2021-2030) ($MN)
- Table 103 Middle East & Africa Capecitabine Market Outlook, By Generic (2021-2030) ($MN)
- Table 104 Middle East & Africa Capecitabine Market Outlook, By Branded (2021-2030) ($MN)
- Table 105 Middle East & Africa Capecitabine Market Outlook, By Indication (2021-2030) ($MN)
- Table 106 Middle East & Africa Capecitabine Market Outlook, By Breast Cancer (2021-2030) ($MN)
- Table 107 Middle East & Africa Capecitabine Market Outlook, By Colorectal Cancer (2021-2030) ($MN)
- Table 108 Middle East & Africa Capecitabine Market Outlook, By Other Indications (2021-2030) ($MN)
- Table 109 Middle East & Africa Capecitabine Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 110 Middle East & Africa Capecitabine Market Outlook, By Hospital Pharmacy (2021-2030) ($MN)
- Table 111 Middle East & Africa Capecitabine Market Outlook, By Retail Pharmacy (2021-2030) ($MN)
- Table 112 Middle East & Africa Capecitabine Market Outlook, By Online Pharmacy (2021-2030) ($MN)
- Table 113 Middle East & Africa Capecitabine Market Outlook, By Drug Formulation (2021-2030) ($MN)
- Table 114 Middle East & Africa Capecitabine Market Outlook, By Capsules (2021-2030) ($MN)
- Table 115 Middle East & Africa Capecitabine Market Outlook, By Tablets (2021-2030) ($MN)
- Table 116 Middle East & Africa Capecitabine Market Outlook, By End User (2021-2030) ($MN)
- Table 117 Middle East & Africa Capecitabine Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 118 Middle East & Africa Capecitabine Market Outlook, By Speciality Centres (2021-2030) ($MN)
- Table 119 Middle East & Africa Capecitabine Market Outlook, By Homecare (2021-2030) ($MN)
- Table 120 Middle East & Africa Capecitabine Market Outlook, By Other End Users (2021-2030) ($MN)
