FLUOROURACIL (5FU) MARKET ANALYSIS

Regional Analysis

Global Fluorouracil (5FU) Market – Regional Analysis

On the basis of region, the global fluorouracil market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In North America, the burden of cancer and uncommunicable disease is on the rise since the last decade. For instance, according to NIH-National Cancer Institute, in 2018 was estimated that 1,735,350 new cases of cancer were diagnosed in United States. Various initiatives have been taken by governments as well as non-government organizations. For instance, Pan America Health Organization (PAHO) is working in North America to reduce premature deaths caused by cancer to 25% by 2030. Moreover, there has been an increase in research and development in the past decade. For instance, in 2016, the University of Michigan Rogel Cancer Center completed its study on Gemcitabine, Infusional 5–Fluorouracil and Cisplatin for Advanced Pancreatic and Biliary Cancers.

According to the World Health Organization (WHO), in 2012 cancer accounts for more than 3.7 million new cases and 1.9 million deaths each year in Europe, and therefore cancer is the second leading cause of deaths and morbidity in Europe. Therefore, pharmaceutical companies are focusing on research and development of newer conjugate therapies using fluorouracil. In 2019, at the World Conference on Lung Cancer, Ipsen a pharmaceutical company in France, develops medicines in oncology and rare disease and Servier an international pharmaceutical company in France, announced safety and efficiency data from phase 2 and Resilient study of ONIVYDE in patients with lung cancer, which led the U.S. Food Drug Administration and European Medicine agency to approve ONIVYDE in combination with fluorouracil/leucovorin for treating pancreatic cancer.