The cyramza (ramucirumab) market size is expected to see strong growth in the next few years. It will grow to $1,686.3 million in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing clinical trials, increasing cancer screening programs, demand for treatment, growing number of patients, and changing li. Major trends in the forecast period include expanding application of ramucirumab, FDA approvals, emphasis on personalized medicine, growing adoption of combination medicines, and product innovation.
The increasing incidence of cancer is expected to drive the growth of the cyramza (ramucirumab) market in the coming years. Cancer is a group of diseases marked by uncontrolled cell growth and the spread of cells to other body parts. The rise in cancer cases is due to factors like an aging population, lifestyle choices, environmental exposures, improved detection, and genetic factors. Cyramza (ramucirumab) is used in cancer treatment to target and inhibit the vascular endothelial growth factor receptor 2 (VEGFR-2), which helps prevent the growth of blood vessels that nourish tumors and slow cancer progression. For example, according to a report by the Australian Institute of Health and Welfare published in August 2024, Australia is projected to have around 209,000 new cancer diagnoses by 2034, up from an estimated 169,000 in 2024. This increase reflects both the growing population and rising cancer rates. Furthermore, cancer is expected to account for approximately 30% of all deaths in the country by 2024. As a result, the growing incidence of cancer is driving the expansion of the cyramza (ramucirumab) market.
A key trend in the cyramza (ramucirumab) market is the development of innovative drug therapies aimed at improving treatment for patients with advanced or metastatic cancer. Drugs like ramucirumab for hepatocellular carcinoma (HCC) target specific cancer markers to slow tumor growth and improve survival rates. For instance, in October 2022, Innovent Biologics Inc., a Chinese biopharmaceutical company, announced that China's National Medical Products Administration (NMPA) approved the supplemental New Drug Application (sNDA) for Cyramza (ramucirumab) in treating patients with hepatocellular carcinoma (HCC) who have an alpha-fetoprotein level of ≥400 ng/mL and have already received sorafenib. Additionally, Cyramza was approved in combination with paclitaxel as a second-line treatment for advanced or metastatic gastric or gastroesophageal junction (GEJ) adenocarcinoma, becoming the first and only targeted drug approved for this indication in China.
In March 2022, Innovent Biologics Inc. partnered with Eli Lilly and Company to develop and commercialize cutting-edge cancer therapies in China. This partnership aims to combine the strengths of both companies to advance innovative cancer treatments, starting with the monoclonal antibody Cyramza (ramucirumab), and enhance cancer treatment by targeting tumor growth through angiogenesis inhibition. Eli Lilly and Company, a US-based pharmaceutical company, manufactures Cyramza (ramucirumab).
The key player operating in the cyramza (ramucirumab) market is Eli Lilly and Company.
North America was the largest region in the cyramza (ramucirumab) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cyramza (ramucirumab) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the cyramza (ramucirumab) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cyramza (ramucirumab) is a monoclonal antibody used in cancer treatment. It works by targeting and inhibiting the vascular endothelial growth factor receptor 2 (VEGFR-2), which helps prevent tumor blood vessel formation. Cyramza is commonly used to treat various cancers, including gastric, colorectal, and lung cancer.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The primary types of cyramza (ramucirumab) are 100mg/Box and 500mg/Box. The 100mg/Box refers to the packaging size of Cyramza, with each box containing 100 mg of the drug. This smaller packaging is typically used for patients requiring a lower dose of the medication, facilitating easier distribution and use in different medical settings. Cyramza has various applications in the treatment of advanced gastric cancer, GEJ adenocarcinoma, non-small cell lung carcinoma, metastatic colorectal cancer (MCRC), and hepatocellular carcinoma (HCC). It is utilized by end users such as hospitals, cancer treatment centers, ambulatory surgical centers, and research institutes.
The cyramza (ramucirumab) market consists of sales of cyramza (ramucirumab) iv infusion and combination therapy formulations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Cyramza (Ramucirumab) Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cyramza (ramucirumab) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for cyramza (ramucirumab) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cyramza (ramucirumab) market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: 100mg/Box; 500mg/Box2) By Application: Advanced Gastric Cancer; GEJ Adenocarcinoma; Non-small Cell Lung Carcinoma; Metastatic Colorectal Cancer (mCRC); Hepatocellular Carcinoma (HCC)
3) By End-User: Hospitals; Cancer Treatment Centers; Ambulatory Surgical Centers; Research Institutes
Key Companies Profiled: Eli Lilly and Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Eli Lilly and Company