Methotrexate injection is a medication commonly used to treat various medical conditions, including cancer, autoimmune diseases, and severe inflammatory conditions. As a powerful antimetabolite, it inhibits the growth of rapidly dividing cells, particularly cancer cells and immune system cells responsible for inflammatory responses. Administered via injection, Methotrexate is often employed in the management of conditions such as rheumatoid arthritis, psoriasis, and certain types of cancer, demonstrating its versatility as a therapeutic agent in diverse medical contexts.
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Data Bridge Market Research analyses that the North America Methotrexate Injection Market will grow at a CAGR of 6.0% during the forecast period of 2022 to 2029. The expanding elderly demographic, susceptible to conditions necessitating methotrexate, propels market growth, as the demand for this medication rises in response to age-related health challenges and ailments.
Key Findings of the Study
Rising prevalence of cancer is expected to drive the market's growth rate
The North America methotrexate injection market is expanding significantly, driven by the escalating incidence of various cancers, notably breast, lung, head and neck, and blood cancers. With breast cancer ranking as the most recurrent invasive cancer in women and the second leading cause of female mortality after lung cancer, Methotrexate's demand rises. The American Cancer Society reports 41,760 new breast cancer cases. Lung cancer, primarily attributed to smoking, claims 80% of deaths, making it the leading cause with an estimated 1.8 million fatalities and this factor drives the market.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Product (Without Preservatives, With Preservatives), Type (Injectable Solution, Self-Injectable Solution), Availability (25mg/ml, 50mg/2ml), Dosage Form (Solution, Powder) Application (Cancer, Autoimmune Diseases, Pregnancy), Age Group (Adults, Geriatric, Pediatrics) Route Of Administration (Intramuscular, Intravenous, Intra-Arterial, Intrathecal), End User (Hospitals, Clinics, Home Healthcare, Others) Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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Pfizer Inc. (U.S.), Antares Pharma, Inc. (U.S.), Fresenius Kabi USA (U.S.), Medexus Pharmaceuticals, Inc. (Canada), Viatris Inc. (U.S.), Sandoz AG (A Subsidiary of Novartis AG) (Switzerland), Teva Pharmaceuticals USA, Inc. (U.S.), Accord BioPharma (U.S.), Hikma Pharmaceuticals PLC (Jordan), Cumberland Pharmaceuticals Inc. (U.S.), PV Pharma (India) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The North America methotrexate injection market is segmented on the basis of product, type, availability, dosage form, application, age group, route of administration, end user, and distribution channel.
- On the basis of product, the North America methotrexate injection market is segmented into with preservatives and without preservatives
- On the basis of type, the North America methotrexate injection market is segmented into self-injectable solution and injectable IV solution
- On the basis of availability, the North America methotrexate injection market is segmented into 25MG/ML and 50MG/2ML
- On the basis of dosage, the North America methotrexate injection market is segmented into solution and powder
- On the basis of application, the North America methotrexate injection market is segmented into cancer, autoimmune diseases, and pregnancy
- On the basis of age group, the North America methotrexate injection market is segmented into pediatrics, adults, and geriatrics
- On the basis of route of administration, the North America methotrexate injection market is segmented into intramuscular, intravenous, intra-arterial, and intrathecal
- On the basis of end user, the North America methotrexate injection market is segmented into hospitals, clinics, home healthcare, and others
- On the basis of distribution channel, the North America methotrexate injection market is segmented into hospital pharmacy, retail pharmacy, online pharmacy, and others
Major Players
Data Bridge Market Research recognizes the following companies as the major North America methotrexate injection market players in North America methotrexate injection market are Pfizer Inc. (U.S.), Antares Pharma, Inc. (U.S.), Fresenius Kabi USA (U.S.), Medexus Pharmaceuticals, Inc. (Canada), Viatris Inc. (U.S.), Sandoz AG (A Subsidiary of Novartis AG) (Switzerland)
Market Developments
- In November 2023, Aurobindo Pharma's subsidiary, Eugia Pharma Specialities Ltd, obtained USFDA approval for Budesonide Inhalation Suspension. This signifies market expansion, reflecting the pharmaceutical industry's continuous efforts to introduce and diversify respiratory medications. The approval aligns with broader trends in pharmaceutical advancements, including respiratory treatments such as Methotrexate injections, contributing to a dynamic and evolving landscape within the pharmaceutical market
- In March 2022, Viatris Inc. and Kindeva Drug Delivery L.P. announced FDA approval for Mylan Pharmaceuticals Inc.'s generic version of AstraZeneca's Symbicort, named Breyna. This development significantly affects the respiratory drug market. In parallel, innovations in drug delivery methods, such as inhalation aerosols, also influence markets including Methotrexate Injection, reflecting an evolving landscape in pharmaceutical solutions for various health conditions
- In January 2022, Cumberland Pharmaceuticals acquired FDA-approved oncology-supportive care medicine SANCUSO from Kyowa Kirin, expanding its portfolio. This strategic move enhances Cumberland's presence in the pharmaceutical market, given the relevance of oncology-supportive care in cancer treatments where Methotrexate is often used, reflecting the company's commitment to diversification and advancement in oncology-related offerings
- In July 2020, LGM Pharma strategically expanded its position in the Methotrexate injection market by acquiring the formulation development and drug product contract manufacturing business of Nexgen Pharma, Inc. This acquisition strengthened LGM Pharma's capabilities, enabling it to contribute significantly to the Methotrexate market through enhanced formulation expertise and increased manufacturing capacity
Regional Analysis
Geographically, the countries covered in the North America methotrexate injection market report are U.S., Canada and Mexico in North America
As per Data Bridge Market Research analysis:
U.S. is the dominant country in North America methotrexate injection market during the forecast period 2022-2029
U.S. dominates the North America methotrexate injection market due to a plethora of manufacturers, bolstered by government initiatives and organizational support. The region's robust healthcare infrastructure and research capabilities contribute to market leadership. With a concentration of key industry players and ongoing initiatives, the U.S. remains a pivotal hub for methotrexate production and distribution, reinforcing its dominant position in the regional market.
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