Pancreatic Cancer Therapeutics Market by Type (Endocrine Pancreatic Cancer, Exocrine Pancreatic Cancer), Product (Chemotherapy, Gene Therapy, Immunotherapy), End-Use - Global Forecast 2024-2030

Pancreatic Cancer Therapeutics Market by Type (Endocrine Pancreatic Cancer, Exocrine Pancreatic Cancer), Product (Chemotherapy, Gene Therapy, Immunotherapy), End-Use - Global Forecast 2024-2030

The Pancreatic Cancer Therapeutics Market size was estimated at USD 4.67 billion in 2023 and expected to reach USD 5.14 billion in 2024, at a CAGR 9.95% to reach USD 9.09 billion by 2030.

Pancreatic cancer therapeutics encompass a variety of treatment modalities used to manage and combat pancreatic cancer, known for its aggressive nature and challenging prognosis. The therapeutic landscape for this malignancy includes surgery, radiation therapy, chemotherapy, targeted therapy, immunotherapy, and supportive care measures that aim to relieve symptoms and improve the quality of life for patients. The need for pancreatic cancer therapeutics is driven by the increasing prevalence of the disease, attributed to factors such as aging populations, lifestyle-related risk factors, and genetic predispositions. Additionally, supportive government policies to expand access to affordable pancreatic cancer treatment have extended the scope and reach of the therapeutic options for patients. However, the complex reimbursement landscape and the inability of clinical trials to provide beneficial and credible results pose concerns about the accuracy and efficacy of the therapies. Moreover, there has been some significant progress in understanding the biology of the disease, resulting in the development of targeted therapeutics and personalized medicine approaches. These treatments are designed to interfere with specific pathways or mechanisms that promote the growth and spread of pancreatic cancer cells.

Regional Insights

The Americas region, particularly the United States and Canada, is characterized by the presence of a robust clinical pipeline, high healthcare expenditure, and several major pharmaceutical companies. Food and Drug Administration (FDA) has approved designations such as Fast Track, Breakthrough Therapy, and Orphan Drug to several pancreatic cancer drugs, which accelerates the regulatory approval process. European nations such as Germany, France, and the United Kingdom are characterized by the presence of heightened healthcare spending, advanced healthcare facilities, and favorable reimbursement policies. The European Medicines Agency (EMA) plays a pivotal role in endorsing new therapeutic options, positively impacting market growth. Strong research collaborations between private and public entities drive innovation in cancer therapeutic research. In APAC countries such as China, Japan, India, and South Korea, there is a growing patient population and increasing awareness regarding cancer diseases, driving the need for therapeutic options. The increase in local generic drug production in countries such as India contributes to regional market dynamics.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Pancreatic Cancer Therapeutics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising prevalence of pancreatic cancer cases across the world
    • Government initiatives to expand access to pancreatic cancer treatment options
    • Market Restraints
      • Adverse drug recalls and difficulty in availing reimbursement options
      • Market Opportunities
        • Research initiatives and advancements to improve the efficacy of pancreatic cancer therapeutics
        • Approvals for pancreatic cancer therapy and orphan drug approvals for cancer treatment
        • Market Challenges
          • Limitations and complications of pancreatic cancer treatment options and lack of trained medical professionals
          • Market Segmentation Analysis
            • Type: Need for rapid deployment of therapeutic options due to fast progression of exocrine pancreatic cancer
            • Product: Expanding number of approvals for chemotherapy treatment options
            • End-Use: Expanding presence of collaborations and R&D initiatives in research institutes for pancreatic cancer treatment
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Pancreatic Cancer Therapeutics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Pancreatic Cancer Therapeutics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Trishula Therapeutics Initiates Phase 2 Trial of TTX-030, an Anti-CD39 Antibody, in First Line Metastatic Pancreatic Cancer Patients
              
              Trishula Therapeutics, Inc., a clinical-stage biotechnology company, revealed the initiation of a randomized Phase 2 trial to assess the efficacy and safety of TTX-030, an anti-CD39 antibody, for the treatment of metastatic pancreatic ductal adenocarcinoma patients. This trial is expected to evaluate the combination of TTX-030 with chemotherapy, either with or without budigalimab (an investigational anti-PD-1 antibody), as a first-line treatment option. The study aims to enroll approximately 180 patients worldwide and will primarily focus on assessing progression-free survival in a biomarker-enriched population.
              
              Lisata Receives Orphan Drug Designation For Pancreatic Cancer Therapy
              
              Lisata Therapeutics was granted orphan drug designation from the European Medicines Agency's (EMA) Committee for Orphan Medicinal Products for LSTA1, an investigational drug specifically designed to treat pancreatic cancer. LSTA1 aims to activate a novel uptake pathway, allowing co-administered or tethered anti-cancer drugs to penetrate solid tumors effectively. Non-clinical data collected by Lisata and its partners demonstrates the enhanced delivery of established and emerging cancer treatments, including immunotherapy, chemotherapy, and RNA-based therapies.
              
              PanCAN Announces New & Advanced Research Investment
              
              PanCAN committed an unprecedented USD 34 million to its research endeavors, and the funding facilitated the awarding of nine coveted research grants. The research grants emphasize the organization's role as a driving force for progress within the pancreatic cancer sphere, nurturing brilliant scientists proposing cutting-edge research and fostering mentorship for upcoming talent. This impressive array of grants underscores PanCAN's commitment to driving critical advanements and supporting innovative research to defeat pancreatic cancer.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Pancreatic Cancer Therapeutics Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Pancreatic Cancer Therapeutics Market, highlighting leading vendors and their innovative profiles. These include Abbvie Inc., Amgen Inc., Ascentage Pharma Group, Astellas Pharma Inc., AstraZeneca PLC, Bristol-Myers Squibb Company, C.H. Boehringer Sohn AG & Co. KG, Carl Zeiss AG, Carrick Therapeutics Limited, Cipla Limited, Dr. Reddy’s Laboratories Ltd., Eli Lilly and Company, F. Hoffmann-La Roche AG, Faeth Therapeutics, Inc., FUJIFILM Holdings Corporation, GE HealthCare Technologies, Inc., GenesisCare, GlaxoSmithKline PLC, Hetero Healthcare Limited, ImmunityBio, Inc., Innovent Biologics Inc., Johnson & Johnson Services, Inc., Lupin Limited, Merck & Co., Inc., Mitsubishi Heavy Industries, Ltd., NGM Biopharmaceuticals, Inc., NovalGen, Novartis AG, PanTher Therapeutics, Inc., Pfizer, Inc., RenovoRx, Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and Zentalis Pharmaceuticals, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Pancreatic Cancer Therapeutics Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Endocrine Pancreatic Cancer
              • Exocrine Pancreatic Cancer
              • Product
                • Chemotherapy
                • Gene Therapy
                • Immunotherapy
                • Radiation Therapy
                • Surgery
                • Targeted Therapy
                • End-Use
                  • Cancer Centers/Clinics
                  • Hospitals
                  • Research Institutes
                  • Region
                    • Americas
                      • Argentina
                      • Brazil
                      • Canada
                      • Mexico
                      • United States
                        • California
                        • Florida
                        • Illinois
                        • New York
                        • Ohio
                        • Pennsylvania
                        • Texas
                        • Asia-Pacific
                          • Australia
                          • China
                          • India
                          • Indonesia
                          • Japan
                          • Malaysia
                          • Philippines
                          • Singapore
                          • South Korea
                          • Taiwan
                          • Thailand
                          • Vietnam
                          • Europe, Middle East & Africa
                            • Denmark
                            • Egypt
                            • Finland
                            • France
                            • Germany
                            • Israel
                            • Italy
                            • Netherlands
                            • Nigeria
                            • Norway
                            • Poland
                            • Qatar
                            • Russia
                            • Saudi Arabia
                            • South Africa
                            • Spain
                            • Sweden
                            • Switzerland
                            • Turkey
                            • United Arab Emirates
                            • United Kingdom
                            
                            
                            Please Note: PDF & Excel + Online Access - 1 Year