CXCR4 antagonists are substances that bind to the CXCR4 receptor, a G-protein subfamily that is involved in a number of cellular functions for instance, inflammation and metastasis. As CXCR4 antagonists occlude this receptor, they lock out the interaction with its ligand CXCL12 which plays a role in cell migration and metastasis. This mechanism is especially noteworthy in oncology since the focalization through CXCR4 promotes the migration of cancer cells to appropriate niches. To date, the most well-known CXCR4 inhibitor is Plerixafor (AMD3100), which was approved by the FDA in 2008 to stimulate the mobilization of hematopoietic stem cells in patients preparing to undergo autologous transplant. Other candidates in the same class such as BL-8040 have been also tested in clinical trials for different types of cancer including leukemia and pancreatic cancer. These antagonists not only imbalanced tumor-stroma relationships but also promoted tumor immune therapy by attracting immune cells inside the tumor tissue. Newer emphasis has been directed towards novel non-peptide CXCR4 antagonists and their role in the management of cancers through targeting of anti-apoptotic CXCL12/CXCR4 signaling axis and reduction in metastasis and better therapeutic response against chemo-resistant tumors.
The CXCR4 Antagonist Market is expected to grow with a significant CAGR of 12.37% during the forecast period (2024-2032). This is mainly due to the continuous research and development by pharmaceutical companies, along with increased mergers and acquisitions activities to boost their capacities and shares to increase their knowledge of new advancements and technologies, which can enhance the development of CXCR4 antagonists’ therapeutics for cancer, HIV and other chronic inflammatory diseases. Moreover, the growing support from the regulatory bodies is further assisting in the significant growth of the CXCR4 antagonist market.
Depending on the Type the market is divided into two types namely the Plerixafor and Others. Plerixafor, which is also known as Mozobil, occupies a large market share because of its proven performance in the mobilization of hematopoietic stem cells for transplantation. Recommended for use with or without the support of granulocyte colony stimulating factor (G-CSF) it received FDA approval in 2008, and it is the first choice for patients with lymphoma or multiple myeloma who do not receive adequate mobilization by G-CSF alone. However, the “Others” segment, comprising BL-8040 (Motixafortide), Mavorixafor, and other products is predicted to grow in the future, and this is attributed to recent clinical trials involving the drugs and their potential application in other therapeutical areas. Newer agents may be associated with better efficacy or safety and hence provide additional therapeutic choices, to fuel market growth in the future.
Based on the Application, the market is segmented into cancer, HIV, chronic inflammatory disease, and others. Out of these cancer segments hold the maximum share in the CXCR4 antagonist market. This dominance is due to the rising prevalence of different types of cancer including breast and lung cancer, which has the use of CXCR4 antagonists that prevent metastasis of tumors and tackle issues related to chemotherapy resistance. However, the HIV segment is expected to be the fastest-growing segment in the forecasted period. This growth is attributed to the increasing incidence of HIV infections and the continued demand for HIV treatments that incorporate CXCR4 antagonists to optimize the outcomes of HIV treatment.
According to the distribution channel, the market is categorized into hospital pharmacies, retail pharmacies, and online segments. Out of these segments, the hospital pharmacy has taken the largest market share because these institutions offer invaluable services to healthcare organizations. They offer and dispense the needed medicine such as Mozobil (CXCR4 antagonist), which is important in treating patients with cancer. However, it is predicted that the value of the online pharmacy segment will rise significantly in the future due to customer orientation toward convenience and mobility. The outbreak of COVID-19 advanced the utilization of digital health services, pushing additional patients to purchase medications online.
For a better understanding of the market penetration of CXCR4 antagonists such as Plerixafor, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, France, U.K., Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Asia-Pacific is expected to grow with a significant CAGR in the forecast period (2024-2032) owing to the growing incidence of cancer, especially in countries like China and India. The emphasis is made on the development of collaboration activities to improve the product development in the CXCR4 antagonist market for bringing new drug. For instance, in November 2021, Abbisko Therapeutics Co. Ltd., which is a China-based biopharmaceutical company, Joined hands with X4 Pharmaceuticals, Inc. for the development of CXCR4 antagonists.
Some of the major players operating in the market include Sanofi, Teva Pharmaceutical Industries Ltd., X4 Pharmaceuticals, Inc., BioLineRx Ltd., Merck KGaA, GPCR Therapeutics, AdAlta Limited, Spexis Ltd., GlycoMimetics, Abbisko Therapeutics Co. Ltd.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the CXCR4 Antagonist Market
2.2. Research Methodology of the CXCR4 Antagonist Market
2.3. Respondent Profile
3 EXECUTIVE SUMMARY
3.1. Industry Synopsis
3.2. Segmental Outlook
3.2.1. Market Growth Intensity
3.3. Regional Outlook
4 MARKET DYNAMICS
4.1. Drivers
4.2. Opportunity
4.3. Restraints
4.4. Trends
4.5. PESTEL Analysis
4.6. Demand Side Analysis
4.7. Supply Side Analysis
4.7.1. Partnership agreements and collaboration activities
4.7.2. Investment Scenario
5 GLOBAL CXCR4 ANTAGONIST MARKET REVENUE (USD MN), 2022-2032F