How large is the medulloblastoma drug market, and what is its growth trajectory?
The medulloblastoma drug market size has grown strongly in recent years. It will grow from $2.80 billion in 2024 to $3.06 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increased incidence of pediatric brain tumors, rise in investment in oncology-focused biotech companies, improvement in diagnostic techniques for brain tumors, increased awareness about childhood cancer, and enhanced understanding of tumor biology and genetics.
The medulloblastoma drug market size is expected to see strong growth in the next few years. It will grow to $4.25 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to expanding clinical trials focused on medulloblastoma, growth in precision medicine and personalized treatment options, rising demand for combination therapies in oncology, growing focus on rare and orphan disease drug development, and a supportive regulatory environment for new drug approvals. Major trends in the forecast period include the development of combination therapies, the incorporation of artificial intelligence in drug discovery, advances in liquid biopsy for brain tumor detection, advancements in gene therapy for tumor-targeted treatments, and collaboration between pharmaceutical companies and research institutions.
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What are the key forces behind the medulloblastoma drug market’s growth in recent years?
The rising incidence of brain tumors is expected to propel the growth of the medulloblastoma drug market going forward. A brain tumor is an abnormal growth of cells in the brain or spinal canal that can be benign or malignant, potentially affecting brain function. The rising incidence of brain tumors is due to better detection, an aging population, environmental factors, increased awareness, and genetic predispositions. Medulloblastoma drugs, including chemotherapy, radiation, and targeted therapies, treat medulloblastoma by shrinking tumors, killing cancer cells, and preventing their spread. For instance, in October 2022, according to the National Institutes of Health, a US-based government agency, in the US, the number of new cases of primary brain tumors increased from 93,470 in 2022 to 94,390 in 2023. Therefore, the rising incidence of brain tumors is driving the growth of the medulloblastoma drug market.
Impact Of Rising Healthcare Expenditure On The Growth Of The Market
The rising healthcare expenditure is expected to propel the growth of the medulloblastoma drug market going forward. Healthcare expenditure refers to the total spending on medical services, medications, preventive care, infrastructure, and administrative costs by governments, private entities, and individuals. Healthcare expenditure is rising due to factors such as an aging population, advancements in medical technology, the increasing prevalence of chronic diseases, and administrative costs. Healthcare expenditure drives the development of medulloblastoma drugs by funding research, clinical trials, and innovative treatments, enabling advancements in medical technology and specialized care for rare diseases. For instance, in December 2024, according to the Centers for Medicare & Medicaid Services, a US-based federal agency, in 2023, hospital expenditures rose by 10.4% to reach $1,519.7 billion, a faster increase compared to the 3.2% growth in 2022. Similarly, prescription drug spending grew by 11.4% to $449.7 billion in 2023, outpacing the 7.8% growth in 2022. Therefore, rising healthcare expenditure is driving the growth of the medulloblastoma drug market.
What are the major segments of the medulloblastoma drug market?
The medulloblastoma drug market covered in this report is segmented –
1) By Type: Dianhydrogalactitol, Investigational Medicinal Product 5471, Ipilimumab, Indoximod, Other Types
2) By Product: Chemotherapy Drugs, Targeted Therapy Drugs, Radiation Therapy Drugs
3) By Route Of Administration: Intravenous, Oral, Intrathecal
4) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
5) By End-Users: Hospitals, Homecare, Speciality Centres, Other End-Users
Subsegments:
1) By Dianhydrogalactitol: Dianhydrogalactitol Oral Formulations, Dianhydrogalactitol Intravenous Formulations
2) By Investigational Medicinal Product 5471: Oral Investigational Medicinal Product 5471, Intravenous Investigational Medicinal Product 5471
3) By Ipilimumab: Ipilimumab Monotherapy, Ipilimumab Combination Therapy
4) By Indoximod: Indoximod Oral Formulations, Indoximod Combination Therapy
5) By Other Types: Temozolomide, Lomustine, Cyclophosphamide, Targeted Therapy Drugs
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Which companies dominate the medulloblastoma drug market?
Major companies operating in the medulloblastoma drug market are Pfizer Inc., Merck & Co. Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, Novartis AG, GSK plc, Eli Lilly and Company, Amgen Inc., Biocon Limited, Teva Pharmaceutical Industries Ltd, Eisai Co. Ltd., Ipsen S.A., Daiichi Sankyo Co. Ltd., Lumos Pharma Inc., Biodexa Pharmaceuticals plc, Eagle Biosciences Inc., Cayman Chemical Company, Biosynth Carbosynth AG, Curtana Pharmaceuticals Inc., VBI Vaccines Inc.
What major trends will shape the medulloblastoma drug market during the forecast period?
Major companies operating in the medulloblastoma drug market are focusing on advancements in drug developments, such as chemotherapy drugs used to treat certain brain tumors, to gain a competitive edge in the industry. The chemotherapy drug temozolomide is commonly used to treat certain brain tumors, including glioblastoma and, in some cases, medulloblastoma, by damaging cancer cell DNA to inhibit growth and division. For instance, in August 2022, Accord Healthcare, Inc., a US-based generic pharmaceutical company, launched a generic version of Carmustine, a chemotherapy drug particularly significant for treating medulloblastoma, a type of brain tumor commonly found in children. This new formulation has two strengths: 50 mg and a larger 300 mg vial, simplifying treatment by reducing the need for multiple vials of smaller sizes. Carmustine is classified as an alkylating agent and works by disrupting the growth of cancer cells. It is FDA-approved for use as a standalone treatment or combined with other therapies for various cancers, including medulloblastoma, glioblastoma, and certain blood cancers.
What are the key regional dynamics of the medulloblastoma drug market, and which region leads in market share?
North America was the largest region in the medulloblastoma drug market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medulloblastoma drug market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Medulloblastoma Drug Market Report 2025 Offer?
The medulloblastoma drug market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Medulloblastoma drugs are medications used to treat medulloblastoma, a type of fast-growing brain tumor that originates in the cerebellum or posterior fossa, often in children. The treatment typically includes a combination of surgery, radiation therapy, and chemotherapy. These drugs target medulloblastoma and are primarily chemotherapy agents.
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