Breast Cancer Therapeutics Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Dec 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Cancer is essentially the uncontrolled growth of certain cells in the body that crowd out normal cells over time. When cells in the breast begin to grow out of control it may lead to breast cancer. These cells generally form a tumor that can felt as a lump, which can further be confirmed using a mammogram. The tumor is malignant if the cells can grow into surrounding tissues or spread to other parts of the body. Breast cancer occurs almost entirely in women, though men can also contract breast cancer. Mutations in DNA can cause normal breast cells to become cancerous cells. Some DNA changes are passed on from parents and can significantly increase the threat for breast cancer. Moreover, lifestyle related risk factors such as consumption of fast food and lack of exercise can increase chances of developing breast cancer. However, the exact cause of the disease is yet unknown.

According to Breast Cancer Organization, an estimated 252,710 new cases of breast cancer are expected to be identified in the U.S., of which 63,410 cases would be non-invasive breast cancer in 2017. In the U.S., breast cancer death rates are higher than those for any other cancer, besides lung cancer among women. Breast cancer is especially prevalent among women under 45 years of age and African American women rather than white women.

Breast Cancer Therapeutics Market

On the basis of type of drug class, the global market is classified into:

    • HER2 Inhibitors
    • Mitotic Inhibitors
    • Anti-metabolites
    • Aromatase Inhibitors
    • Hormone Receptor Agonist/Antagonist

Globally breast cancer is the most common cancer in women, with a prevalence of around 1.7 million in 2012, the second-most common cancer overall. This represents 12% of all new cancer cases and 25% of all cancers in women. Belgium had the topmost rate of breast cancer, followed by Denmark and France, respectively. Marginally less number of cases of breast cancer were diagnosed in less developed countries. The highest occurrence of this type of cancer was in Northern America and Oceania, whereas the lowest incidence rate in Asia and Africa.

Increasing occurrence of the disease especially in the Developed countries will drive growth of the breast cancer therapeutics market

According to World Health Organization statistics, breast cancer is the second-most predominant type (whereas lung cancer is first) of the disease globally, and the most common type in females. In women, this type of cancer accounts for 20% of all invasive and 13% of all female cancers, and is responsible for 15% of deaths caused by the disease globally, including females and males. Every year, around 200,000 new cases in women and approximately 2,000 new cases are diagnosed in men. The incidence of breast cancer remained steady in white women and increased to some extent (less than 1% year) in African American women. Epidemiologists predict that the established incident cases of breast cancer in women will grow by over the following decade to reach 949,161 cases in 2025. This rise in demand will ultimately push the global breast cancer therapeutics market into a positive growth curve over the course of the forecast period.

Innovation of therapy with improved success rate is expected to offer lucrative growth opportunities for market players. Despite high costs involved in research and development, pharmaceutical companies are showing increased interest in this field. This is expected to offer good potential for breast cancer therapeutics market.

Key players operating in the global breast cancer therapeutics market are AstraZeneca plc, Eli Lilly and Company, Eisai Co., Ltd., F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Pfizer, Inc., Novartis International AG, Puma Biotechnology, Sanofi S.A., and Teva Pharmaceutical Industries

Key Developments

  1. Key players in the market are involved in various business strategies such as research and development, in order to gain competitive edge in the global market. For instance, in July 2019, Eli Lilly and Company, a U.S.-based pharmaceutical company, announced positive results for Verzenio (abemaciclib), which demonstrated significant improvement in overall survival of Phase 3 MONARCH 2 clinical trial. Verzenio is indicated for the treatment of advanced or metastatic breast cancer.
  2. Key companies in the market are involved in different growth strategies such as gaining product approval from regulatory authorities, in order to expand their product portfolio and enhance their market presence. For instance, in July 2019, Eisai Co., Ltd., a Japanese pharmaceutical company, received New Drug Approval for its anticancer agent Halaven (eribulin mesylate) from China National Medical Products Administration (NMPA), which is indicated for the use people suffering from metastatic or locally advanced breast cancer.
  3. Key companies in the market are focused on different growth strategies such as gaining product approval from regulatory authorities, in order to expand their product portfolio and gain competitive edge in the global market. For instance, in August 2019, Roche AG received product approval for Tecentriq (atezolizumab) plus chemotherapy (Abraxane [paclitaxel protein-bound particles for injectable suspension (albumin-bound); nab-paclitaxel]) from European Commission. This is indicated for the patients with metastatic or unresectable locally advanced triple negative breast cancer.

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