Allied Market Research

2024

Obinutuzumab Market

Obinutuzumab Market Size, Share, Competitive Landscape and Trend Analysis Report by Distribution Channel (Hospital Pharmacies, Retail Pharmacies): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Obinutuzumab is a monoclonal antibody that is used for the treatment of certain types of cancer, including non-Hodgkin's lymphoma (NHL) and chronic lymphocytic leukemia (CLL). It works by binding to a protein called CD20, which is found on the surface of certain types of white blood cells that become cancerous in NHL and CLL. By binding to CD20, obinutuzumab triggers the immune system to attack and destroy these cancer cells. It is typically administered intravenously over several hours in a hospital or clinic setting. It is often used in combination with other cancer drugs, such as chemotherapy, to increase its effectiveness.
Obinutuzumab has been shown to be effective in treating certain types of NHL and CLL, and is generally well-tolerated by patients. However, like all medications, it can have side effects, including infusion reactions, low white blood cell counts, and infections. Patients receiving obinutuzumab should be monitored closely by their healthcare providers for any potential side effects.
NHL and CLL are types of blood cancers that affect the lymphocytes, a type of white blood cell that plays a crucial role in the immune system. The incidence of these cancers is increasing globally, with NHL being one of the top ten most common cancers globally. This rise in prevalence can be attributed to several factors, including an aging population, environmental factors, and genetic predisposition.
As the incidence of NHL and CLL continues to rise, the demand for effective treatments like obinutuzumab is also increasing. It is a targeted therapy that specifically binds to cancer cells, which can increase its effectiveness and reduce side effects compared to more traditional chemotherapy treatments. It has been approved by regulatory agencies around the global for the treatment of NHL and CLL, and is being increasingly used in clinical practice.
The development of obinutuzumab, and other monoclonal antibodies, is the result of significant technological advancements in the field of biotechnology and immunotherapy. Monoclonal antibodies are laboratory-produced molecules that mimic the immune system's ability to recognize and attack specific targets, such as cancer cells. It is a type of monoclonal antibody that specifically targets a protein called CD20 found on the surface of cancer cells.
Recent advances in biotechnology have allowed for the production of monoclonal antibodies in large quantities and with greater precision, making them more effective in treating diseases like cancer. Immunotherapy, which uses the body's own immune system to fight cancer, has also contributed to the development of more precise and targeted treatments like obinutuzumab. It is an example of a "second-generation" monoclonal antibody, which has been engineered to have increased potency and a longer half-life compared to earlier versions. These improvements have led to greater effectiveness and fewer side effects for patients.
Governments around the global have recognized the significant burden that cancer imposes on individuals, families, and society as a whole. As a result, they have been investing in cancer research and treatment to improve patient outcomes and reduce the overall impact of the disease. These investments have been instrumental in driving the development and availability of drugs like obinutuzumab.
Governments are investing in cancer research in a variety of ways, such as funding basic research, clinical trials, and the development of new drugs and therapies. They are also investing in cancer treatment, including the development of new technologies, improvements to healthcare infrastructure, and patient support programs. These initiatives are aimed at improving the quality of care for cancer patients and ensuring that they have access to the latest treatments and therapies. In many countries, government healthcare programs cover the cost of cancer treatments like obinutuzumab for eligible patients. This helps to ensure that patients have access to these life-saving treatments, regardless of their ability to pay.
 
New product launches to flourish in the market
Gazyva (obinutuzumab) in combination with chemotherapy was approved by the U.S. FDA in May 2021 for the treatment of previously untreated advanced follicular lymphoma. This approval was based on positive results from the Phase III GALLIUM study, which demonstrated improved progression-free survival compared to other treatments. In November 2020, the FDA approved obinutuzumab in combination with chemotherapy for the treatment of previously untreated advanced follicular lymphoma. This approval was based on positive results from the Phase III GALLIUM study. In August 2020, the European Commission approved obinutuzumab in combination with chemotherapy for the treatment of previously untreated advanced follicular lymphoma. This approval was also based on positive results from the Phase III GALLIUM study. In December 2019, the FDA approved a new subcutaneous formulation of obinutuzumab for the treatment of previously untreated CLL. This approval was based on positive results from the Phase III CLL14 study, which demonstrated improved progression-free survival and overall survival compared to other treatments.
 
Segment Overview: 
By distribution channel: The obinutuzumab market is divided into hospital pharmacies and retail pharmacies. This market is typically divided into hospital pharmacies and retail pharmacies. Hospital pharmacies generally purchase and dispense larger volumes of obinutuzumab for inpatient and outpatient treatments, while retail pharmacies primarily dispense smaller volumes of obinutuzumab for patients who receive treatment at home. In addition, some countries may have specialized cancer centers or clinics that also distribute obinutuzumab. Ultimately, the distribution of obinutuzumab may vary depending on the healthcare system and regulations in each country.
 
By region: The Asia-Pacific (APAC) obinutuzumab market is experiencing significant growth due to several factors. One of the primary drivers is the increasing prevalence of cancer in the region, particularly NHL and CLL, for which obinutuzumab is approved as a treatment. This has led to a growing demand for effective treatments, such as obinutuzumab, to improve patient outcomes.
 
Moreover, there is a rising awareness of cancer and its treatment options in the APAC region, which is driving the demand for targeted therapies like obinutuzumab. In addition, the development of healthcare infrastructure and increasing investments in cancer research and treatment in the region are also fueling the growth of the obinutuzumab market. Furthermore, several key players in the pharmaceutical industry are expanding their presence in the APAC region, contributing to the growth of this market. They are working towards expanding their distribution network, increasing accessibility to cancer therapies, and collaborating with local healthcare providers to improve patient outcomes.
 
Competitive analysis and profiles of the major players in the obinutuzumab market, such as Ablynx, Actiza Pharmaceuticals, Celegene, Celltrion, Dexa Medica, EuroChem Group, Leo Pharma, Natco Pharma Ltd., and Toyama Chemical. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of this market.

Obinutuzumab Market Report Highlights

Aspects Details
Obinutuzumab Market By Distribution Channel
By Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
Obinutuzumab Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

Ablynx, leo pharma, EuroChem Group, Toyama Chemical, Celegene, Actiza Pharmaceuticals, Dexa Medica, NATCO PHARMA LIMITED, celltrion

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Obinutuzumab Market

Global Opportunity Analysis and Industry Forecast, 2023-2032