Global Brigatinib Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Brigatinib industry revenue is expected to be around $634.4 million in 2025 and expected to showcase growth with 7.8% CAGR between 2025 and 2034. The robust growth trajectory of Brigatinib is underpinned by several key factors. The increasing prevalence of non-small cell lung cancer , for which Brigatinib is a proven treatment, is a significant driver of this growth. Additionally, the ongoing advancements in cancer therapeutics and a heightened focus on personalized medicine are also contributing to the markets expansion. As a targeted therapy, Brigatinib is an integral part of this evolving landscape, demonstrating its ongoing relevance in the oncology sector.
Brigatinib, also known by its brand name Alunbrig, functions as an anaplastic lymphoma kinase inhibitor which doctors use to treat patients with metastatic NSCLC. The drug works by blocking the abnormal protein that tells cancer cells to multiply which results in tumor growth inhibition. The increasing popularity of targeted therapies and precision medicine has driven up the demand for Brigatinib.
Market Key Insights
- The Brigatinib market is projected to grow from $588.5 million in 2024 to $1.25 billion in 2034. This represents a CAGR of 7.8%, reflecting rising demand across Oncology Treatment, Personalized Medicine and Clinical Trials.
- The market exhibits an oligopolistic structure with only 6 prominent players, with Takeda Pharmaceutical Company Limited and Dr. Reddy’s Laboratories commanding the largest shares.
- U.S. and Germany are the top markets within the Brigatinib market and are expected to observe the growth CAGR of 5.1% to 7.5% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 9.0% to 10.8%.
- Slow adoption of Adoption of Precision Medicine transition within key players in Brigatinib market is creating a revenue window for adjacent and alternate markets like Alectinib and Crizotinib to improve its use-case penetration in and applications and expected to capture $41 million revenue from existing Brigatinib market.
- The Brigatinib market is set to add $659 million between 2024 and 2034, with manufacturer targeting Retail Pharmacies & Online Pharmacies Distribution Channels projected to gain a larger market share.
- With Increasing incidence of non-small cell lung cancer, and Technological advancements in drug development, Brigatinib market to expand 112% between 2024 and 2034.