Gefitinib Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 9.5% from 2026 to 2033.
The global Gefitinib market was valued at approximately USD 1.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The growth is primarily driven by the increasing prevalence of non small cell lung cancer (NSCLC), advancements in cancer treatment therapies, and rising awareness about targeted therapies. Geographically, North America dominated the market in 2022 with a revenue share of around 38%, attributed to the high adoption of advanced cancer treatment methods and significant healthcare infrastructure. The region is expected to maintain its leadership throughout the forecast period due to continuous research and development activities and government funding in oncology treatments.
Asia Pacific is expected to witness the highest growth during the forecast period, with a projected CAGR of 6.5%. The rising patient population, growing healthcare expenditure, and increasing demand for personalized cancer therapies are contributing to the regional market expansion. Europe holds a significant share of the global market, with countries like Germany, the UK, and France showing a steady demand for Gefitinib as part of their oncology treatment protocols. The market in Latin America and the Middle East & Africa remains relatively smaller but is growing steadily due to improved access to healthcare and rising awareness of cancer treatments. Regional differences in healthcare infrastructure and disease prevalence continue to shape the market dynamics.
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AstraZeneca
Qilu Pharmaceutical
Natco Pharma
Celon Laboratories
Hetero Drugs
Dr Reddys Laboratories
Zuventus Healthcare
United Biotech
Panacea Biotec
Cipla
AstraZeneca
Nobel Ilac Sanayii Ve Ticaret
Accure Labs
Cadila Pharmaceuticals
Ethypharm
Flagship Biotech International
Globela Pharma
Jodas Expoim
Nishchay Pharmaceuticals
Sichuan Xieli Pharmaceutical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Gefitinib Market
Tablet
Injection
Lung Cancer
Colorectal Cancer
Other Cancer Types
Hospitals
Specialty Clinics
Research Institutes
Direct Sales
Pharmacy Stores
Online Sales
50 mg
100 mg
Other Dosages
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Gefitinib Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Gefitinib Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gefitinib Market, By Type
6. Global Gefitinib Market, By Application
7. Global Gefitinib Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Gefitinib Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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