Combination Therapy Drug Treatment Market
Combination Therapy Drug Treatment Market Forecasts to 2030 - Global Analysis By Type (Interferon and Nucleoside Drugs, Targeted Therapies Drugs, Diammonium Glycyrrhizinate and Other Types), Drug Form, Application, End User and By Geography
According to Stratistics MRC, the Global Combination Therapy Drug Market is accounted for $197.2 billion in 2023 and is expected to reach $365.1 billion by 2030 growing at a CAGR of 9.2% during the forecast period. Combination therapy is a medical treatment strategy that entails the simultaneous or sequential administration of two or more medications or therapeutic agents to treat a particular illness or medical condition. Combination treatment has applications in cancer, infectious disorders, cardiovascular issues, and more areas of medicine. The combination of the medications may maximize effectiveness while reducing negative effects.
Market Dynamics:
Driver:
Technological advancements in drug development
The field of combination therapy has been greatly improved by technological developments in drug creation, giving a number of benefits in the treatment of many medical diseases. Technological developments like genomics and molecular profiling enable combination medicines to be tailored based on a patient's particular genetic profile. This allows for individualized treatment that maximizes efficacy while minimizing negative effects based on the unique qualities of the patient and the ailment. Over the projection period, this is probably going to help the market develop.
Restraint:
Increased side effects
The chance of side effects or negative reactions may rise while taking various medications together. Patients encounter stronger medication interactions or adverse effects, which might make the therapy less tolerable. Combining medications can result in cumulative toxicity, a condition in which the body gradually builds up more of a particular chemical, perhaps resulting in organ damage or other negative effects. This is the main issue impeding market expansion.
Opportunity:
Growing awareness about the benefits
Combination treatment is the use of two or more medications to treat a specific illness or medical condition. It has a number of benefits chief among them improved therapeutic effectiveness and fewer adverse effects. Multiple medications acting synergistically to target many disease-related factors are one important advantage, which frequently results in better results. Additionally, combining medications can reduce the necessary individual dosages, decreasing adverse effects and improving patient compliance with therapy. These are the factors influencing the growth of the maket.
Threat:
Higher costs
The cost of therapy as a whole can be greatly raised by the usage of various medications. For certain individuals, especially in healthcare systems with constrained resources, this might be a barrier to access. Particularly in nations with socialized or publicly supported healthcare, the high expense of combination medicines can put a burden on healthcare systems. Governments frequently have to make difficult choices about which treatments to include in their formularies due to cost-effectiveness and financial restrictions. This is the element limiting market expansion.
Covid-19 Impact:
Clinical studies for combination treatments were being conducted when COVID-19 disturbed them. The pandemic caused several trials to be either suspended or postponed, which had an impact on the schedule for prospective medication approvals and patient access to cutting-edge therapies. The epidemic revealed weaknesses in the world's medicine supply networks. There were shortages of several combination treatment medications in some areas due to disruptions in pharmaceutical manufacture and distribution.
The diammonium glycyrrhizinate segment is expected to be the largest during the forecast period
The diammonium glycyrrhizinate segment is expected to be the largest during the forecast period. Diammonium glycyrrhizinate (DAG) is a plant growth regulator. It is naturally present in licorice plant roots, which are used in traditional Chinese medicine to cure colds and coughs. DAG has been investigated for its potential as an anti-inflammatory medication, however it failed to demonstrate any appreciable distinction from the top non-steroidal anti-inflammatory medications already on the market.
The cardiovascular disease segment is expected to have the highest CAGR during the forecast period
The cardiovascular disease segment is expected to have the highest CAGR during the forecast period. Combination treatment is a method for managing and treating several aspects of heart and vascular health. It uses a number of medications with varied modes of action. This strategy is frequently used to treat risk factors for cardiovascular disorders, such as high blood pressure, high cholesterol, and blood clot formation. Utilizing drugs like statins and antiplatelet agents is a common component of combination therapy for cardiovascular disease.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. Through their joint efforts in medication discovery and development, biotechnology companies, academic institutions, and research organizations also contribute to the expansion of this industry. The desire for novel combination medicines is being driven by causes such as rising public knowledge of the advantages of combination therapy, rising rates of chronic illnesses including cancer, diabetes, and cardiovascular problems, and improvements in pharmaceutical research and development.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. The burden of chronic illnesses including cancer, diabetes, and cardiovascular conditions was growing throughout the area. Drug combinations were becoming increasingly important for treating complicated medical disorders. Many nations in the area were expanding their expenditures on medical research and infrastructure, which aided in the creation and uptake of combination treatment medications.
Key players in the market
Some of the key players in Combination Therapy Drug market include WebMD LLC, CSL Ltd, Grifols S.A, Baxalta Incorporated, Octapharma AG, Kedrion S.p.A, China Biologic Products, Roche, Pfizer, Eli Lilly, Johnson & Johnson, Novartis, Gilead Sciences, AstraZeneca, Merck & Co. and Sanofi.
Key Developments:
In July 2023, Flagship Pioneering, Inc. and Pfizer Inc. announced the companies have partnered to create a new pipeline of innovative medicines. Under the terms of the novel agreement, Flagship and Pfizer will each invest $50M upfront to explore opportunities to develop 10 single-asset programs.
In November 2022, Arcturus Therapeutics Holdings Inc. announced a strategic collaboration with CSL Seqirus. CSL Seqirus’ vaccine portfolio includes the world’s second largest influenza vaccine franchise. CSL Seqirus is part of CSL Limited
In September 2022, WebMD Health Services announced a new partnership with Fern Health, a leading digital platform giving employees and health plan members the guidance and tools they need to address the underlying causes of persistent pain.
Types Covered:
• Interferon and Nucleoside Drugs
• Targeted Therapies Drugs
• Diammonium Glycyrrhizinate
• Other Types
Drug Forms Covered:
• Liquid
• Solid
Applications Covered:
• Cancer
• Cardiovascular Disease
• Immune Disease
• Other Applications
End Users Covered:
• Clinic
• Hospital
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Combination Therapy Drug Market, By Type
5.1 Introduction
5.2 Interferon and Nucleoside Drugs
5.3 Targeted Therapies Drugs
5.4 Diammonium Glycyrrhizinate
5.5 Other Types
6 Global Combination Therapy Drug Market, By Drug Form
6.1 Introduction
6.2 Liquid
6.3 Solid
7 Global Combination Therapy Drug Market, By Application
7.1 Introduction
7.2 Cancer
7.3 Cardiovascular Disease
7.4 Immune Disease
7.5 Other Applications
8 Global Combination Therapy Drug Market, By End User
8.1 Introduction
8.2 Clinic
8.3 Hospital
8.4 Other End Users
9 Global Combination Therapy Drug Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 WebMD LLC
11.2 CSL Ltd
11.3 Grifols S.A
11.4 Baxalta Incorporated
11.5 Octapharma AG
11.6 Kedrion S.p.A
11.7 China Biologic Products
11.8 Roche
11.9 Pfizer
11.10 Eli Lilly
11.11 Johnson & Johnson
11.12 Novartis
11.13 Gilead Sciences
11.14 AstraZeneca
11.15 Merck & Co.
11.16 Sanofi
List of Tables
1 Global Combination Therapy Drug Market Outlook, By Region (2021-2030) ($MN)
2 Global Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
3 Global Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
4 Global Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
5 Global Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
6 Global Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
7 Global Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
8 Global Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
9 Global Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
10 Global Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
11 Global Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
12 Global Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
11 Global Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
14 Global Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
15 Global Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
16 Global Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
17 Global Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
18 Global Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
19 North America Combination Therapy Drug Market Outlook, By Country (2021-2030) ($MN)
20 North America Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
21 North America Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
22 North America Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
23 North America Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
24 North America Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
25 North America Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
26 North America Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
27 North America Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
28 North America Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
29 North America Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
30 North America Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
31 North America Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
32 North America Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
33 North America Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
34 North America Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
35 North America Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
36 North America Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
37 Europe Combination Therapy Drug Market Outlook, By Country (2021-2030) ($MN)
38 Europe Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
39 Europe Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
40 Europe Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
41 Europe Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
42 Europe Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
43 Europe Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
44 Europe Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
45 Europe Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
46 Europe Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
47 Europe Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
48 Europe Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
49 Europe Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
50 Europe Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
51 Europe Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
52 Europe Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
53 Europe Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
54 Europe Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
55 Asia Pacific Combination Therapy Drug Market Outlook, By Country (2021-2030) ($MN)
56 Asia Pacific Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
57 Asia Pacific Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
58 Asia Pacific Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
59 Asia Pacific Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
60 Asia Pacific Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
61 Asia Pacific Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
62 Asia Pacific Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
63 Asia Pacific Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
64 Asia Pacific Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
65 Asia Pacific Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
66 Asia Pacific Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
67 Asia Pacific Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
68 Asia Pacific Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
69 Asia Pacific Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
70 Asia Pacific Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
71 Asia Pacific Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
72 Asia Pacific Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
73 South America Combination Therapy Drug Market Outlook, By Country (2021-2030) ($MN)
74 South America Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
75 South America Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
76 South America Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
77 South America Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
78 South America Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
79 South America Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
80 South America Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
81 South America Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
82 South America Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
83 South America Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
84 South America Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
85 South America Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
86 South America Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
87 South America Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
88 South America Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
89 South America Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
90 South America Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
91 Middle East & Africa Combination Therapy Drug Market Outlook, By Country (2021-2030) ($MN)
92 Middle East & Africa Combination Therapy Drug Market Outlook, By Type (2021-2030) ($MN)
93 Middle East & Africa Combination Therapy Drug Market Outlook, By Interferon and Nucleoside Drugs (2021-2030) ($MN)
94 Middle East & Africa Combination Therapy Drug Market Outlook, By Targeted Therapies Drugs (2021-2030) ($MN)
95 Middle East & Africa Combination Therapy Drug Market Outlook, By Diammonium Glycyrrhizinate (2021-2030) ($MN)
96 Middle East & Africa Combination Therapy Drug Market Outlook, By Other Types (2021-2030) ($MN)
97 Middle East & Africa Combination Therapy Drug Market Outlook, By Drug Form (2021-2030) ($MN)
98 Middle East & Africa Combination Therapy Drug Market Outlook, By Liquid (2021-2030) ($MN)
99 Middle East & Africa Combination Therapy Drug Market Outlook, By Solid (2021-2030) ($MN)
100 Middle East & Africa Combination Therapy Drug Market Outlook, By Application (2021-2030) ($MN)
101 Middle East & Africa Combination Therapy Drug Market Outlook, By Cancer (2021-2030) ($MN)
102 Middle East & Africa Combination Therapy Drug Market Outlook, By Cardiovascular Disease (2021-2030) ($MN)
103 Middle East & Africa Combination Therapy Drug Market Outlook, By Immune Disease (2021-2030) ($MN)
104 Middle East & Africa Combination Therapy Drug Market Outlook, By Other Applications (2021-2030) ($MN)
105 Middle East & Africa Combination Therapy Drug Market Outlook, By End User (2021-2030) ($MN)
106 Middle East & Africa Combination Therapy Drug Market Outlook, By Clinic (2021-2030) ($MN)
107 Middle East & Africa Combination Therapy Drug Market Outlook, By Hospital (2021-2030) ($MN)
108 Middle East & Africa Combination Therapy Drug Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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