Malaysia Oncology Clinical Trials Market Analysis

Malaysia Oncology Clinical Trials Market Analysis

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Malaysia's oncology clinical trials market is projected to grow from $20.3 Mn in 2022 to $31.7 Mn by 2030, registering a CAGR of 5.7% during the forecast period of 2022-30. The market will be driven by the rise of oncology clinical trials in Malaysia, a well-established clinical research infrastructure, and government funding. The market is segmented by phase, by study design & by indication. Some of the major players include Pfizer Inc., Novartis International AG & Biocon Malaysia.

ID: IN10MYCT006 CATEGORY: Clinical Trials GEOGRAPHY: Malaysia AUTHOR: Vidhi Upadhyay

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Malaysia Oncology Clinical Trials Market Executive Summary

Malaysia's oncology clinical trials market is projected to grow from $20.3 Mn in 2022 to $31.7 Mn by 2030, registering a CAGR of 5.7% during the forecast period of 2022-30. Malaysia conducted 215 clinical trials in 2021, the most ever recorded, putting the country second only to Singapore in Southeast Asia in terms of industry-supported research. Clinical trials are mostly conducted in university and government hospitals across Malaysia, as these facilities receive the bulk of cancer patients. The National Pharmaceutical Regulatory Agency is a Ministry of Health agency that has the power to investigate issues about investigational product registration and approval for a Clinical Trial Import Licence (CTIL) or Clinical Trial Exemption (CTX). In Malaysia, 48,639 new cancer cases were recorded in 2020 with Breast cancer, Colorectal cancer, Lung cancer & Liver cancer being the top most occurring ones. Cancer incidence in Malaysia is expected to more than double by 2040. One in every ten Malaysians will be diagnosed with cancer throughout their lifetime.

According to the National Medical Research Registry, 87 oncology clinical trials were filed in Malaysia in 2019, an increase from 53 in 2015. The Malaysian government has proved its commitment to fostering clinical research via a number of efforts, including clinical research tax breaks and the creation of the Malaysia Clinical Research Center (CRC). The regulatory climate in Malaysia is considered favorable for clinical research, with the country's regulatory body, the National Pharmaceutical Regulatory Agency (NPRA), introducing expedited procedures for clinical trial applications and approvals. With an increasing number of studies being undertaken in the nation and a good regulatory framework and clinical research infrastructure, the oncology clinical trials picture in Malaysia is promising.

malaysia oncology clinical trials market analysis

Market Dynamics

Market Growth Drivers

Many reasons are driving the rise of oncology clinical trials in Malaysia, including the country's advantageous regulatory environment, well-established clinical research infrastructure, and government funding for clinical research. The National Pharmaceutical Regulatory Agency (NPRA) of Malaysia has shortened clinical trial application and approval procedures, making it simpler for pharmaceutical and biotechnology businesses to conduct clinical studies in the nation. Moreover, Malaysia has a well-established clinical research infrastructure, with multiple government and commercial hospitals and research organizations providing cutting-edge facilities and clinical trial expertise. The Malaysian government has also proved its commitment to fostering clinical research via a number of measures, including clinical research tax breaks and the creation of the Malaysia Clinical Research Center (CRC).

Market Restraints

There are certain barriers to the expansion of oncology clinical trials in Malaysia. One of the most significant issues is the country's lack of skilled clinical research workers. This limitation might cause delays in trial start-up and recruitment, affecting the total timing and expense of the experiment. Other nations in the area, such as Singapore and South Korea, have well-established clinical research infrastructure and favorable regulatory regimes. Moreover, cultural and linguistic obstacles may need to be addressed, since many prospective clinical trial volunteers may not speak English or Malay, the major languages utilized in clinical research in Malaysia.

Competitive Landscape

Key Players

  • Pfizer Inc.
  • Novartis International AG
  • AstraZeneca plc
  • Merck & Co., Inc.
  • Roche Holding AG
  • Eli Lilly and Company
  • Biocon Malaysia (MYS)
  • Pharmaniaga Berhad (MYS)
  • Hovid Berhad (MYS)

Notable Insights

  1. September 2022, Clinical Research Malaysia and Novartis Malaysia have signed an agreement to make Sarawak General Hospital a preferred location for clinical trials
  2. August 2022, The Minister of Health (MOH), Yang Berhormat (YB) Khairy Jamaluddin, officially opened Hematogenix, Malaysia's first central cancer laboratory for clinical trials

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Clinical Trials Regulation in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation

6. Methodology and Scope

Oncology Clinical Trials Market Segmentation

By Phase (Revenue, USD Billion):

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

By Study Design Outlook (Revenue, USD Billion):

  • Epilepsy
  • Parkinson's Disease (PD)
  • Huntington's Disease
  • Stroke
  • Traumatic Brain Injury (TBI)
  • Amyotrophic Lateral Sclerosis (ALS)
  • Muscle regeneration
  • Others

By Indication Outlook  (Revenue, USD Billion):

  • Interventional
  • Observational
  • Expanded Access

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


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The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 19 December 2023
Updated by: Shivam Zalke

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