Hedgehog Pathway Inhibitors Market Size & Share, by Indication (Diagnostic Procedures, Fundoplication Procedures, Radiofrequency Thermal Ablation, Magnetic Sphincter Augmentation); Application (Basal Cell Carcinoma, Acute Myeloid Leukemia); Distribution Channel (Hospitals, Retail Pharmacies) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4417
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Hedgehog Pathway Inhibitors Market size is expected to surpass USD 1,722 Million by the end of 2033, growing at a CAGR of 11% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of hedgehog pathway inhibitors was USD 60 Million. The growth of the market can be attributed to the rising prevalence of skin cancer among the general population, owing to rising pollution, global warming, exposure to harsh UV rays, and other factors. Skin cancer is a life-threatening chronic disease that involves abnormal growth of skin cells and is mainly divided into 3 category that are melanoma, basal cell carcinoma, and squamous cell carcinoma. For instance, a skin cancer diagnosis is expected to occur in one in five Americans by the age of 65. In the U.S., more than 2 people die from skin cancer every hour.

Global hedgehog pathway inhibitors market trends such as, the need for minimally invasive procedures coupled with rising instances of chronic diseases, advanced healthcare technologies for cancer treatment, and investments provided by the government are anticipated to influence the growth of the market positively over the forecast period. For instance, the melanoma became the 17th common type of cancer across the world, additionally, in 2020, more than 140,000 new cases of melanoma were diagnosed worldwide. This type of cancer occurs from the prolonged exposure to the sun. Hence, such factors are expected to hike the market growth during the forecast period.

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Hedgehog Pathway Inhibitors Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Incidence of Basal Cell Carcinoma (BCC) Worldwide - Every year, approximately 3.5 million cases of BCC are diagnosed in the United States. Heavy chemical exposure increases the risk of developing carcinomas. As with indoor tanning, it can also lead to BCC as it reduces the synthesis of melanin. These risk factors are increasing the number of cases of BCC, which is anticipated to drive global hedgehog pathway inhibitors market growth during the forecast period. In terms of skin cancer, basal cell carcinoma (BCC) is the most commonly diagnosed form.

  • Increasing Drug Approvals by Government Authorities- The FDA has approved DAURISMO (glasdegib) for treating newly-diagnosed acute myeloid leukemia (AML) in adults 75 years and older.

  • High Rate of Exposure to UV Rays- According to the WHO, approximately 1.2 million new cases of non-melanoma skin cancers (SCC and BCC) and 325 000 melanomas of the skin were caused by excessive UVR exposure in 2020, as well as 64 000 premature deaths from non-melanoma skin cancers and 57 000 from melanomas of the skin globally.

  • Intensifying Healthcare Infrastructure Investment- The rising healthcare expenditure, along with funds provided by organizations, is anticipated to contribute to improving the infrastructure of the hedgehog pathway inhibitors market. For instance, the Indian healthcare infrastructure in 2022 was estimated to hit approximately USD 300 billion.

  • Rising Cases of Acute Myeloid Leukemia - Acute myeloid leukemia (AML) is a type of cancer of the blood and bone marrow. It is a porous tissue found inside bones that is responsible for producing blood cells. Although it can originate in other blood-forming cells as well, AML often starts in cells that develop into white blood cells. The normal growth of bone marrow cells is interrupted by acute types of leukemia including AML. Hence, the rising need for acute myeloid leukemia treatment is also projected to accelerate the growth of the hedgehog pathway inhibitors market. In the United States (US), AML occurs 4.2 times per 100,000 people per year. The incidence of the disease increases with age, and the median age at diagnosis in the United States is 65 years.


  • Presence of Alternative in Market
  • High Drug Development Cost – In the development stage of the drug, high costs are being involved. As a result, the price of end product increases. This trend is expected to slow down the adoption rate of the product by the population with middle income.
  • Concern of Effects Associated with the Treatment

Hedgehog Pathway Inhibitors Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 60 Million

Forecast Year Market Size (2033)

~ USD 1,722 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Hedgehog Pathway Inhibitors Segmentation

Indication (Diagnostic Procedures, Fundoplication Procedures, Radiofrequency Thermal Ablation, Magnetic Sphincter Augmentation)

The global hedgehog pathway inhibitors market is segmented and analyzed for demand and supply by indication into diagnostic procedures, fundoplication procedures, radiofrequency thermal ablation, and magnetic sphincter augmentation. Out of these segments, the diagnostic procedures segment is estimated to gain the largest market share over the projected time frame. Diagnostic procedures help to identify the disease or condition and to determine the symptoms before and after the disease. The rising awareness of targeting the hedgehog pathway in cancer is anticipated to augment segment growth during the forecast period. For instance, the diagnostic procedure for cancer includes single-photon emission computed tomography (SPECT), computed tomography (CT), positron emission tomography (PET), magnetic resonance imaging (MRI), and others. For instance, in 2019, in united states, nearly 250 CT scans were performed per 1000 people, while approximately in France, around 200 CT scans were performed per 1000 people.

Application (Basal Cell Carcinoma, Acute Myeloid Leukemia)

The global hedgehog pathway inhibitors market is also segmented and analyzed for demand and supply by application into basal cell carcinoma, acute myeloid leukemia, and others. Amongst these segments, the basal cell carcinoma segment is expected to garner a significant share. The growth of the segment is ascribed to the higher prevalence of the basal cell carcinoma (BCC) in the global population, backed by the growth in the frequencies of UV rays emitted by sun that can cause several health risks. It was anticipated that approximately 3 million people in the United States are diagnosed with basal cell carcinoma annually. Basel cell carcinoma generally occurs in people aged above 50 years. Hence, such factors are expected to propel the growth of the market during the forecast period. 

Our in-depth analysis of the global market includes the following segments:

                 By Indication

  • Diagnostic Procedures
  • Fundoplication Procedures
  • Radiofrequency Thermal Ablation
  • Magnetic Sphincter Augmentation

                 By Application

  • Basal Cell Carcinoma
  • Acute Myeloid Leukemia
  • Others

                  By Distribution Channel

  • Hospitals
  • Retail Pharmacies
  • Others

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Hedgehog Pathway Inhibitors Industry - Regional Synopsis

North American Market Forecast   

The North America hedgehog pathway inhibitors market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed majorly to the increasing prevalence of basal and squamous cell skin cancers among the population, owing to exposure to the sun, harmful pollutants, and others. A recent estimate indicates that approximately 5.5 million basal and squamous cell skin cancers are diagnosed each year in the United States. Moreover, the increasing Medicare spending, high exposure to UV rays and chemicals is also anticipated to boost the market growth in the region in the coming years. Moreover, the massively surging requirement for leukemia therapeutics as of the huge patient papulation with leukemia is further expected to expand the hedgehog pathway inhibitors market size in the region during the forecast period.  As of 2023, around 22,000 deaths in the United States were caused by leukemia while approximately 60,000 new cases of leukemia were diagnosed in the region. Therefore, all these factors are anticipated to flourish the growth of the regional market over the forecast period.

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Companies Dominating the Hedgehog Pathway Inhibitors Landscape

    • Mayne Pharma Group Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • PellePharm, Inc.
    • Pfizer Inc.
    • F. Hoffmann-La Roche Ltd
    • Sun Pharmaceutical Industries Ltd.
    • Inhibitor Therapeutics, Inc.
    • MAX BioPharma, Inc.
    • Infinity Pharmaceuticals, Inc.
    • Novartis AG
    • Sanofi S.A. 


In The News

  • A multi-year agreement between CytoReason and Pfizer, Inc., has been extended for Pfizer's drug development programs to use CytoReason's artificial intelligence technology.

  • The Phyton Biotech and PellePharm Inc., companies have announced a collaborative partnership to develop a plant cell culture-based process that will enable PellePharm to produce patidegib's raw material in the future using renewable resources.

Author Credits:  Radhika Gupta, Shivam Bhutani

  • Report ID: 4417
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising cases of acute myeloid leukemia and increasing drug approvals by government authorities are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023-2033.

Concern of effects associated with the treatment are estimated to be the growth hindering factors for the market expansion.

The market in the North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are PellePharm, Inc., Pfizer Inc., F. Hoffmann-La Roche Ltd, Sun Pharmaceutical Industries Ltd., Inhibitor Therapeutics, Inc., MAX BioPharma, Inc., Infinity Pharmaceuticals, Inc., Novartis AG, Sanofi S.A., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by indication, application, distribution channel, and by region.

The diagnostic procedures segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Hedgehog Pathway Inhibitors Market Report Scope

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