Targeted Therapeutics Market is Pioneering Growth Towards a USD 118.6 Billion Milestone by 2031, with a CAGR of 6.4% – Exclusive Report by Transparency Market Research, Inc.

Key Players

Sanofi, GlaxoSmithKline plc, Takeda Pharmaceutical Company Ltd., Merck & Co., Inc., Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd., AstraZeneca, Seagen, Inc., Bayer AG, Amgen, Inc., and Bristol-Myers Squibb Company are some of the leading players operating in the global industry.

Companies operating in the targeted therapeutics market are focused on launch followed by approvals of new targeted drugs. This has further resulted in enabling the companies to expand its product portfolio.

• In June 2024, Bristol Myers Squibb, announced that U.S. Food and Drug Administration (FDA) has granted accelerated approval to Augtyro (repotrectinib) for the treatment of adult and pediatric patients 12 aged 12 and above suffering from solid tumors that have a neurotrophic tyrosine receptor kinase (NTRK) gene fusion, are locally advanced or metastatic or where surgical resection is likely to result in severe morbidity, and have progressed following treatment or have no satisfactory alternative therapy.

Targeted Therapeutics Market Segmentation

Type

• Monoclonal Antibodies (Angiogenesis Inhibitors, HER-2 Targeted Agents, and Anti-CD20 Monoclonal Antibodies)
• Small Molecule (Tyrosine Kinase Inhibitors)

Application

• Breast Cancer
• Colorectal Cancer
• Leukemia
• Lung Cancer
• Lymphoma
• Multiple Sclerosis
• Renal Cancer
• Wet Age-related Macular Degeneration
• Others (Ovarian Cancer, Fallopian Tube Cancer, Prostate Cancer, and Pancreatic Cancer)

Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

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