What Is the Market Size and Growth Projection for Cyramza (Ramucirumab) Market?
The Cyramza (Ramucirumab) market size experienced significant growth in recent years, generating $1,232.96 million in 2024 and projected to grow to $1,314.14 million in 2025 at a compound annual growth rate (CAGR) of 6.6%. This growth is largely attributed to the rising prevalence of colorectal cancer, increased air pollution, rising incidence of malignancies, smoking and tobacco consumption, and an increase in geriatric patients. The market size is expected to see substantial growth in the near future, climbing up to $1,686.33 million in 2029 at a CAGR of 6.4%. This forecasted growth is due to factors like increasing clinical trials, increased cancer screening programs, growing patient demand, and an emphasis on personalized medicine among others.
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What’s Driving Growth in the Cyramza (Ramucirumab) Market?
Increased cancer incidences is a major factor driving the growth of Cyramza (ramucirumab) market. Diseases characterized by uncontrolled cell growth and spread to other body parts, such as cancer, can be treated using Cyramza (ramucirumab), which targets and inhibits the vascular endothelial growth factor receptor 2 (VEGFR-2), significantly curbing tumor blood vessel formation, and thus slowing cancer progression.
Highlight the Major Segments in the Cyramza (Ramucirumab) Market
– By Type: 100mg/Box; 500mg/Box
– By Application: Advanced Gastric Cancer; GEJ Adenocarcinoma; Non-small Cell Lung Carcinoma; Metastatic Colorectal Cancer (mCRC); Hepatocellular Carcinoma(HCC)
– By End-User: Hospitals; Cancer Treatment Centers; Ambulatory Surgical Centers; Research Institutes
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Who Are the Major Players in the Cyramza (Ramucirumab) Market?
Major companies operating in the Cyramza (ramucirumab) market include Eli Lilly and Company.
What Are the Emerging Trends in the Cyramza (Ramucirumab) Market?
The focus on developing innovative drug solutions to improve treatment in patients suffering from advanced or metastasized illnesses is a major emerging trend in the market. For instance, the approval granted in 2022 by the National Medical Products Administration (NMPA) of China to Innovent Biologics Inc., for the supplemental New Drug Application (sNDA) of CYRAMZA (ramucirumab) marked a significant step in the treatment of advanced or metastatic cases.
Which Region Holds The Lion’s Share In The Market?
In 2024, North America held the largest share of the Cyramza (ramucirumab) market, with Asia-Pacific predicted to be the fastest-growing region in the forecast period.
What Does The Cyramza (Ramucirumab) Global Market Report 2025 Offer?
Cyramza (ramucirumab) is a monoclonal antibody used in cancer treatment that prevents tumor blood vessel formation by targeting and inhibiting the vascular endothelial growth factor receptor 2 (VEGFR-2). It is commonly used to treat various cancers, including gastric, colorectal, and lung cancer. The Cyramza (Ramucirumab) Global Market Report 2025 research report from The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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