It has been established that BTK inhibition also interferes with CD40 signaling, B cell adhesion, and migration. Imbruvica is used to treat chronic lymphocytic leukemia and macroglobulinemia and as a second-line treatment for mantle cell lymphoma, marginal zone lymphoma, and chronic graft versus host disease. Imbruvica also affects the BCR signaling pathway, which is a crucial dependence of malignant B cells.
The imbruvica (ibrutinib) market is projected to be valued USD 5.19 billion in 2019 and rise to USD 66.29 billion by 2030, with a compound annual growth rate (CAGR) of 26.3% over the forecast period
Covid 19 Impact
New findings reveal that immunizations against Covid-19, which are readily available, do not produce the same level of a protective immune response in hematological cancers as they do in solid tumors. This has prompted considerable concern about the use of these vaccines. Therefore, masks and other forms of protection from Covid-19 exposure are still required for patients, particularly those who have blood malignancies, according to the opinions of experts. Imbruvica is one inhibitor that significantly lowers a patient's risk of seroconversion. This is notably true while the therapy is being administered, although immunosuppressive effects have been shown even several months after the treatment has been completed. Thus, the market of Imbruvica was blessed by Covid-19. Moreover, it turned out to be a real-life saver in most cases.
North America will dominate the Imbruvica Market
The market for Imbruvica in North America will be driven mostly by the United States market. The United States of America is a significant center for the Imbruvica market as a result of the existence of significant market participants, a sizable pool of potential patients, and supportive measures on the part of the government. Imbruvica's patent exclusivity is also held by it. In the United States, the leading causes of risk for developing blood cancers are smoking, being exposed to certain chemicals, being overweight, and being exposed to radiation. On the other hand, there are moves afoot to encourage healthy lifestyles, which, if successful, will result in a considerable decline in the incidence rates of blood cancer.
Asia-Pacific will see a steady growth in the Imbruvica market
Since India is known as the pharmacy to the world, it is imperative that it plays a significant part in the expansion of the Imbruvica market in the Asia Pacific region. The production of active pharmaceutical ingredients is shifting from developed markets in the West to manufacturing centers in more developing nations, particularly in India and China. As a result, the Asia-Pacific area will be able to grow steadily during the anticipated period.
Capsule type will dominate the marker
Capsule type of Imbruvica will last in inventory longer than any other type. This will let the pharmacies around the world to purchase the product in large number which in turn will boost the global Imbruvica market in the forecasted period.
It is anticipated that the global market for Imbruvica will experience considerable expansion, with growth accelerating at a compound annual growth rate of 26.5% during the course of the forthcoming year. By 2029, the market is anticipated to reach USD 65.78 billion. The development of novel cancer treatments and the increasing approval of targeted therapies are the primary factors that will drive the expansion of the market for Imbruvica over the course of the forthcoming time period.
Imbruvica is the first oral, single-agent, once-daily Bruton's inhibitor of tyrosine kinase for CLL patients who have previously been treated with at least one other type of treatment. Janssen and Pharmacyclics, Inc. are working together to develop and market it as part of their collaborative project. Both indications were given priority evaluation and were given clearance under the FDA's accelerated approval program; in addition, Imbruvica is one of the first medications that the FDA has designated as a Breakthrough Therapy to earn approval in the United States.
It is important to note that Imbruvica is not a chemotherapy medication; rather, it is a "targeted therapy." To this day, the primary focus of cancer treatment has been on the elimination of quickly dividing cells. This is due to the fact that rapid cell division is one of the characteristics shared by cancer cells. Regrettably, some of our normal cells also divide very quickly, which can result in a wide variety of unwanted side effects.
Identifying additional characteristics of cancer cells is an essential step in the process of developing targeted therapies. The distinctive differences between healthy and cancerous cells are particularly interesting to researchers. By utilizing this information, a targeted medication is produced to target cancer cells while preserving healthy ones; as a result, the medication has fewer adverse side effects. Although the mechanisms of action of the many types of targeted therapies are slightly distinct from one another, they all share the common goal of obstructing the capacity of cancer cells to proliferate, divide, repair themselves, and/or communicate with other cells. Bruton's tyrosine kinase activity can be reduced thanks to treatment with Imbruvica. The B-cell receptor signaling complex contains the essential signaling protein BTK, which is crucial for the survival of cancerous B cells. Ibrutinib suppresses the signals that encourage uncontrolled expansion and division of malignant B cells.
The research is ongoing to determine which cancer forms may be most effectively treated with targeted medicines and uncover other targets for even more cancer varieties. In the upcoming years, the market landscape for Imbruvica is expected to alter as a result of substantial research in the treatment of the specified condition and incremental healthcare spending around the world. This would result in an increase in the size of the market, which would enable drug producers to penetrate more deeply into the market.
It is anticipated that the development of an improved and more contemporary healthcare infrastructure, in addition to an increase in the prevalence of chronic conditions over the course of time, will drive the expansion of the market. Imbruvica market expansion is also anticipated to benefit from the rising incidence of cancer as well as developments in relevant technologies. Other variables, such as a favorable reimbursement scenario, increasing public awareness, and increases in both public awareness and disposable income, are also likely to boost the expansion of the industry. On the other hand, Imbruvica is known to have a number of undesirable side effects, and the price of the drug is quite high, both of which are predicted to work against the expansion of the market for imbruvica. In addition, throughout the course of the projection period, an increase in research and development, in addition to clinical trials and use approvals by the relevant authorities, is anticipated to produce a substantial number of opportunities in the imbruvica market.
The industry leaders on a global scale are Beacon Pharmaceuticals, Janssen Pharmaceuticals, Johnson and Johnson, Pharmacyclics, Incepta Pharmaceuticals, and Bluepharma. These large companies are putting their research and development efforts toward Imbruvica into the forefront in order to break into the market.
Recent Developments in the Global Imbruvica Market: a Snapshot
- For instance, the FDA approved Imbruvica (imbruvica) in combination with obinutuzumab in January 2019 for the treatment of patients with CLL/SLL (chronic lymphocytic leukemia/small lymphocytic lymphoma), the most common kind of adult leukaemia, who have not received prior treatment.
Imbruvica Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | USD 66.29 billion |
Growth Rate | CAGR of 26.3 % during 2020-2030 |
Segment Covered | Type, End- User, Application, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Beacon Pharmaceuticals, Janssen Pharmaceuticals, Johnson and Johnson, Pharmacyclics, Incepta Pharmaceuticals, and Bluepharma |
Key segments in the Global Imbruvica Market
Type Overview, (USD Million)
- Tablet
- Capsule
End-User Overview, (USD Million)
- Pharmacies
- Patients
Application Overview, (USD Million)
- Chronic lymphocytic leukemia
- Mantle cell lymphoma
- Waldenström's macroglobulinemia
- Relapsed/refractory marginal zone lymphoma
- Chronic graft-versus-host disease
Regional Overview, (USD Million)
North America
- United States of America
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- the Netherlands
- Poland
- Russia
- The United Kingdom
- Rest of Europe
Asia-Pacific
- China
- India
- Indonesia
- South Korea
- Rest of Asia-Pacific
South America
- Argentina
- Brazil
- Rest of South America