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ANTI-RADIATION DRUGS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Anti-Radiation Drugs Market, By Indication (Acute Radiation Syndrome and Delayed Radiation Syndrome), By Route of Administration (Oral and Intramuscular), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Nov 2023
  • Code : CMI6418
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

Global Anti-Radiation Drugs Market- Drivers

  • Increasing incidence of cancer globally: Rising prevalence of cancer across the globe is a major factor that boosts demand for anti-radiation drugs. Radiation therapy is commonly used to treat cancer, either alone or in combination with other treatments like chemotherapy or surgery. Increasing use of radiation therapy for cancer treatment is expected to boost adoption of radioprotectants and mitigators to manage the side effects of radiation exposure in normal tissues. For instance, according to the article published by European Cancer Information System, in 2022, new cancer cases increased by 2.3 % as compared to 2020, to reach 2.74 million in 2022. Similarly, cancer deaths increased by 2.4 % as compared to 2020.
  • Growing threat of nuclear accidents and events: The potential threat of nuclear accidents and warfare increases need for drugs to treat acute radiation syndrome. Though the use of nuclear weapons has declined since the cold war, the risk of nuclear terrorism and accidents at nuclear plants has increased. The Fukushima nuclear disaster in 2011 increased the focus on being prepared for nuclear emergencies. Government agencies are stockpiling anti-radiation drugs as a part of medical countermeasures. This is expected to propel the anti-radiation drugs industry.
  • Favorable regulatory environment for drug development: Regulatory bodies like the U.S. FDA and EMA are encouraging the development of novel countermeasures against radiation exposure. Designations like fast track, breakthrough therapy, and orphan drug status help to expedite regulatory review. Companies are receiving grants from government bodies like Biomedical Advanced Research and Development Authority (BARDA) and the National Institutes of Health to advance R&D. Such initiatives are expected to aid the growth of the anti-radiation drugs pipeline.
  • Technological advancements in drug delivery systems: Advances in nanoparticle technology, liposomal encapsulation, polymeric micelles, and microfluidic systems leads to emergence of sophisticated drug delivery techniques for anti-radiation molecules. Platforms like ThermoVax allow targeted delivery to increase drug concentration in organs susceptible to ARS. Advanced delivery systems can enhance the effectiveness and safety profile of anti-radiation compounds. This is expected to widen the clinical applications of these drugs.

Global Anti-Radiation Drugs Market- Opportunities

  • Development of effective countermeasures for emerging radiological threats: The use of radioactive compounds in dirty bombs by terrorist organizations represents an emerging threat. Radioactive materials like Cesium-137 and Cobalt-60 can cause radiation sickness and environmental contamination. There is an unmet need for safe and efficacious drugs to protect civilians and first responders from dirty bomb detonations. Pharmaceutical companies have an opportunity to develop specific antidotes and treatments to prepare for such radiological emergencies.
  • Rising demand for supportive care during radiation therapy: Only a few drugs like amifostine are approved to manage the side effects of radiation therapy in cancer patients. There is considerable opportunity for biopharma companies to develop novel compounds that can minimize the damage to normal tissue during radiation treatment, improving quality of life and enabling higher radiation doses for better tumor control.
  • Combination therapies for better clinical outcomes: Combining radioprotective and radiosensitizing drugs is an emerging opportunity to enhance the safety and efficacy of radiation therapy in oncology. For instance, combining Amifostine with radiosensitizing platinum chemotherapy may allow higher tumor regression while protecting healthy tissues. Development of such synergistic combination therapies can significantly expand the clinical utility of anti-radiation drugs.
  • Expanding applications in space travel, aviation and defense: Exposure to cosmic ionizing radiation during space missions increases the risk of ARS, cancer and organ damage in astronauts. Anti-radiation drugs can potentially allow longer duration human space travel. These drugs also have applications in aviation, military and civil defense to protect personnel against the effects of a nuclear event. Antiradiation drugs have an extra growth route due to the specific needs of these markets.

Global Anti-Radiation Drugs Market- Restraints

  • Challenges in clinical evaluation of anti-radiation drugs: Conducting controlled clinical trials for therapies against acute radiation syndrome poses ethical and practical challenges. Radiation exposure in human subjects without therapeutic necessity raises ethical concerns. The sporadic nature of nuclear accidents makes data collection difficult. Approval is often based on efficacy in animal models, which do not fully represent human radiation response. Lack of human clinical data can restrain adoption in medical practice.
  • Toxicities and adverse effects associated with anti-radiation compounds: Most synthetic radiation protecting and mitigating agents have side effects like nausea, vomiting, hypotension and neurotoxicity that can limit their use. For example, Amifostine can cause nausea and vomiting in more than 50% patients. Even natural compounds like those derived from green tea and berry extracts can have interactions with chemotherapy drugs. Concerns regarding potential toxicity and adverse effects can limit clinical potential of these agents.
  • Limited mechanistic understanding of radiation injury pathogenesis: The exact mechanisms behind the pathophysiology of acute radiation syndrome and delayed radiation injuries are still unclear. Knowledge gaps exist with respect to molecular pathways of normal tissue radiation damage, biomarker expression and pharmacological targets. Deficiencies in understanding radiation sickness pathology poses challenges during drug discovery efforts for medical countermeasures targeting ARS.

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