#Chronic Myelogenous Leukemia Treatment Market Trends
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Chronic Myelogenous Leukemia Treatment Market Size, Latest Trends, Share, Key Players, Revenue, Opportunity, and Forecast 2028
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#Chronic Myelogenous Leukemia Treatment Market#Chronic Myelogenous Leukemia Treatment Market Share#Chronic Myelogenous Leukemia Treatment Market Size#Chronic Myelogenous Leukemia Treatment Market Trends
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This report studies Chronic Myelogenous Leukemia Treatment in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Bristol-Myers Squibb Novartis AG Pfizer Inc. Teva Pharmaceuticals Roche Holdings AG Incyte Corporation Bio-Path Holdings ... On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Disease Specific Treatment Symptomatic Treatment By Application, the market can be split into Hospital Pharmacies Specialty Pharmacies Retail Pharmacies By Regions, this report covers (we can add the regions/countries as you want) North America China Europe Southeast Asia Japan India If you have any special requirements, please let us know and we will offer you the report as you want.
#chronic myelogenous leukemia treatment market#chronic myelogenous leukemia treatment market trends#chronic myelogenous leukemia treatment market size#chronic myelogenous leukemia treatment market data#chronic myelogenous leukemia treatment market structure#chronic myelogenous leukemia treatment industry analysis#chronic myelogenous leukemia treatment market research#chronic myelogenous leukemia treatment market report
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Global Stem Cell Banking Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2030
Absolute Markets Insights announced the addition of a statistical data titled as, Stem Cell Banking Market to its massive repository. Additionally, it offers extensive research on different dynamic aspects of the businesses to understand the impact of those. Primary and secondary research techniques have been used by analysts for studies data effectively.
The global stem cell banking market is anticipated to reach US$ 15089.64 Mn by 2030 growing at a CAGR of 10% during the forecast period (2021-2030).
Different top key players such as CBR Systems, Inc., Cell Care, CHA Biotech, CordBank New Zealand, Cordlife, Cryo-Cell, CryoHoldco, Cryoviva India, CSG-BIO, Global Cord Blood Corporation., LifeCell International Pvt. Ltd., ReeLabs Pvt. Ltd., Regrow Biosciences Pvt Ltd., Smart Cells International Ltd., Stem Med Pte Ltd, StemCyte, ViaCord and Vita 34 Inc. give the comparative analysis of demand supply chain. In addition to this, it highlights the historical developments, recent trends, and predictions about the future growth of the Stem Cell Banking market.
For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Stem-Cell-Banking-Market-2021---2029-860
Umbilical cord accounted for the largest source in the global stem cell banking market in 2020. Cord blood stem cells can be used in therapies and transplants to treat over 85 ailments that include anaemias (different types), bone marrow cancer, leukaemias (different types), and lymphomas. More than 5,000 clinical trials are using stem cell therapies today.
In the context of medical condition, higher market share in the global stem cell banking market was held by cancer (leukaemias, lymphomas, etc.) in 2020. Stem cells can be used for the treatment of different types of cancer such as acute biphenotypic leukemia, acute lymphoblastic leukemia, acute myelogenous leukemia, acute undifferentiated leukemia, chronic myelogenous leukemia, chronic lymphocytic leukemia, juvenile myelomonocytic leukemia, and juvenile chronic myelogenous leukemia. In regenerative medicine, the use of stem cells has been in vogue for a long time. It is very common in the field of dermatology.
Global Stem Cell Banking Market: Report Scope
By Service Type
Storage
Testing and Processing
Collection
By Source
Umbilical Cord
Placenta
Amniotic Fluid
Bone Marrow
Others
By Medical Condition
Cancer (Leukaemias, Lymphomas, Etc.)
Non-Malignant Blood Disorders (Anaemias, Hereditary Bone Marrow Failure Syndromes, Etc.)
Immune Disorder (Severe Combined Immune Deficiency (SCID), Inherited Immune System Disorders, etc.)
Metabolic Disorders (Leukodystrophy Disorders, Mucopolysaccharidosis (MPS) Storage Diseases, Etc.)
Others
By Application
Disease Treatment & Tissue Regeneration
Clinical Research
Personalized Banking Applications
By Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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Chronic Myelogenous Leukemia Treatment Market Will Escalate Rapidly in the Near Future
The demand within the global market for chronic myelogenous leukaemia treatment has been rising on account of advancements in the worldwide healthcare sector. The presence of a robust domain for cancer treatment is expected to improve the chances of market growth. The vendors operating in the global chronic myelogenous leukaemia treatment have made concerted efforts to improve their revenue index. The relation of the global chronic myelogenous leukaemia treatment market to the healthcare industry is a key consideration for the market vendors. The established vendors have succeeded by tying up with leading medical institutes and healthcare facilities. Furthermore, research and development activities in niche areas have also improved the growth stakes of the leading vendors.
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It is expected that the global chronic myelogenous leukaemia treatment marker would witness new mergers in the years to come. This projection is based on the quest of small vendors to turn lucrative by joining hands with the large and established companies. Furthermore, the global chronic myelogenous leukaemia treatment market is also expected to witness the entry of new vendors in the years to come. The entry of new players in this market is slated to fragment the global chronic myelogenous leukaemia treatment. Some of the key vendors in the global chronic myelogenous leukaemia treatment market are Teva Pharmaceutical, Novartis, Bristol Myers Squibb, Pfizer, and Hoffman-LaRoche and Schering Plough.
Transparency Market Research (TMR) finds that the global chronic myelogenous leukaemia treatment market would expand at a starry CAGR of 6.7% over the period between 2017 and 2026. Furthermore, the global market for chronic myelogenous leukaemia treatment is expected to touch a cumulative value of US$ 8,550.8 million by 2026-end. On the basis of treatment type, symptomatic treatment has gained popularity over disease specific treatment. Based on geography, the market for myelogenous leukaemia treatment in North America has been rising at a stellar pace.
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Advancements in the Healthcare Industry to Aid Market Growth
The global market for chronic myelogenous leukaemia treatment has been expanding at a stellar pace over the past decade. The commencement of new trends in the healthcare fraternity is responsible for the growth of the chronic myelogenous leukaemia treatment market. Furthermore, disease treatment is a sub-domain within healthcare that has garnered the attention of regional and international investors. This factor has brought in voluminous revenues into the global chronic myelogenous leukaemia treatment market in recent times. Advancements in the field of oncology have also reeked of growth within the global chronic myelogenous leukaemia treatment market in recent times.
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Popularity of Branded Drugs to Propel Market Demand
Owing to the effective marketing tactics adopted by major drug manufacturers, the demand for branded drugs has been on a rise. This factor has also created tremendous opportunities for growth within the global chronic myelogenous leukaemia treatment market in recent times. Hospital pharmacies have become key sellers of drugs and therapeutics for the treatment of chronic myelogenous leukaemia. This is another key dynamic of growth prevailing in the global chronic myelogenous leukaemia treatment market. It is expected that the market forces of demand and supply would favour the inflow of revenues into the global chronic myelogenous leukaemia treatment market.
The review is based on TMRs’ report titled, “Chronic Myelogenous Leukemia Treatment Market (Treatment Type - Disease Specific Treatment, Symptomatic Treatment; Distribution Channel - Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies; Drug Type- Branded, Generic) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”.
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Leukemia Therapeutics Market 2020: Company Profiles, Industry Segments, Size, Landscape, Demand and Business Trends
Market Research Future published a half-Cooked research report on “Global Leukemia Therapeutics Market Research Report, forecast to 2023” – Market Size, Share, Growth, Analysis, Regional Outlook, Scope, Stake, Progress, Trends.
Leukemia Therapeutics Market Overview
Global leukemia therapeutics market is growing pervasively and will continue to do so in the years to come due to the growing prevalence of leukemia. With considerable advancements in biotechnology, various innovative therapies have emerged, which drive the market growth excellently. The proven efficacies of these therapeutics in providing effective treatment for leukemia are allowing the market to accrue exponentially on the global platform. Well-spread awareness about leukemia therapeutics has spurred the growth of the market.
Read more news on: https://www.medgadget.com/2020/08/leukemia-therapeutics-market-to-grow-at-a-cagr-of-5-3-by-2023-covid-19-impact-analysis-top-comapnies-pfizer-inc-glaxosmithkline-plc-novartis-ag-bristol-myers-squibb-company-sanofi-s-a.html
Rising numbers of medical science and biotechnology companies is a major driving force behind the growth of the market. Besides, the improving outlook for leukemia treatments that are controlling the spread of the diseases fosters the market growth phenomenally. According to Market Research Future (MRFR), the global leukemia therapeutics market had valued at USD 10.7 BN in 2017. The valuation is further projected to appreciate at 5.3% CAGR during the assessment period (2018-2023).
The rapid adoption of leukemia therapeutics and increasing demand for effective treatment methods are driving the growth of the market. Additional factors, such as increasing numbers of R&D initiatives, clinical trials, and new approvals, are contributing to the growth of the market. Providers are collaborating with independent research centers and hospitals to bring novelties into therapies, which, as a result, are acting as major tailwinds for market growth.
On the other hand, high costs and lack of awareness are projected to impede the growth of the leukemia therapeutics market. Nevertheless, increasing numbers of drug discoveries would support market growth throughout the assessment period. Rapid uptake of these therapies by medical professionals, as well as patients and increasing success rates, are driving the market.
Leukemia Therapeutics Market - Segments
The Leukemia Therapeutics Market is segmented into three main dynamics to widen the scope of understanding,
By Treatment Type: Chemotherapy (Alkylating Agents, Antimetabolites Antitumor Antibiotics, others), Biological Therapy, Targeted Therapy, Radiation Therapy, Stem Cell Transplant, and others.
By Application : Acute Myelogenous Leukemia, Acute Lymphocytic Leukemia, Chronic Myelogenous Leukemia, Chronic Lymphocytic Leukemia, and others.
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
These therapeutics are used to treat a range of leukemia types, including acute myelogenous, acute lymphocytic, chronic lymphocytic, chronic myelogenous, and others. Among these, acute lymphocytic leukemia (ALL) is the largest segment in the market. The prevalence of this type of leukemia is the major reason behind the growth of the segment. Additionally, rising numbers of clinical trials and regulatory approvals push the segment growth. For instance, recently FDA approved blinatumomab, a bispecific T-cell engager (BiTE), as an effective method to treat patients with acute lymphocytic leukemia.
Leukemia Therapeutics Market - Regional Analysis
North America dominates the global leukemia therapeutics market, heading with an increase in the prevalence of leukemia and the geriatric population. Besides, the presence of many well-established players, alongside innovative therapies is estimated to drive the leukemia therapeutics market in North America. The market growth is predominantly supported by the US market, which is growing due to the large patient pool and high healthcare expenditures.
Moreover, technological advancements and well-spread awareness about the availability of leukemia therapeutics, support market growth. The North American leukemia therapeutics market is projected to retain its dominance in the global market throughout the review period.
Europe stands second in the global leukemia therapeutics market. Increasing numbers of leukemia patients in the region drive the regional market predominantly. Furthermore, increased numbers of advanced treatment facilities, alongside the availability of skilled medical professionals and the government support for research & development, fosters regional market growth.
The Asia Pacific region is emerging as a promising market for leukemia therapeutics. Factors substantiating the market growth include increasing prevalence of leukemia and spreading awareness among people about the condition and availability of new treatment methods. China and India are proliferating markets for leukemia therapeutics, which contribute to the market growth in the region, majorly. The APAC leukemia therapeutics market is expected to grow phenomenally.
Leukemia Therapeutics Market - Competitive Analysis
The leukemia therapeutics market appears fiercely competitive due to the presence of many well-established players. Significant investments are transpired in the field to bring innovations to the therapy and clinical trials. To gain a larger competitive share in the market, these players incorporate strategies such as partnerships, collaborations, mergers & acquisitions, expansions, and technology launch.
Leukemia Therapeutics Market Major Players:
Players leading the leukemia therapeutics market include Pfizer Inc. (US), Novartis AG (Switzerland), Eisai Co., Ltd. (Japan), Bristol-Myers Squibb Company (US), GlaxoSmithKline plc (UK), Takeda Pharmaceutical Company Ltd (Japan), Amgen Inc (US), Hoffmann-La Roche AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), and Sanofi SA (France), among others.
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Leukemia Therapeutics Industry/ Innovation/Related News:
March 07, 2020 ---- Quantbot Technologies LP (the US), an SEC-registered investment adviser, announced, purchasing a new stake in a US-based biopharmaceutical company - TG Therapeutics Inc. The purchased 2,599 shares valued at approximately USD 28,000. TG Therapeutics is involved in developing & delivering medicines for patients with chronic lymphocytic leukemia (CLL), non-Hodgkin's Lymphoma (NHL), and Multiple Sclerosis (MS).
January 20, 2020 ---- CoImmune, a joint venture set up by SCM Life Science and Genexine in the US, announced the Formula Pharmaceuticals (Italy), a leader in the immunotherapy platform. Through this acquisition, CoImmune gets the rights to all tangible and intangible assets of Formula, expanding the company's pipeline with two additional drug candidates. Formula's Cytokine-Induced Killer Cell (CAR-CIK) is an acute lymphocytic leukemia drug, and CMN-001 is an advanced renal cancer drug.
#Leukemia Therapeutics Market#Leukemia Therapeutics Market Size#Leukemia Therapeutics Market Share#Leukemia Therapeutics Market Growth#Leukemia Therapeutics Market Analysis#Leukemia Therapeutics Market Trends
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Global Leukemia Therapeutics Market 2019 - 2023: Emerging Technologies, Business Trends, Industry Segments, Global Segments, Landscape and Demand
Global Leukemia Therapeutics Market Report, Forecast Period 2023-2020. The Industry Research Report on Global Leukemia Therapeutics Market is based on Industry Size, Share, Trend and Growth.
Global leukemia therapeutics market is growing pervasively and will continue to do so in the years to come due to the growing prevalence of leukemia. With considerable advancements in biotechnology, various innovative therapies have emerged, which drive the market growth excellently. The proven efficacies of these therapeutics in providing effective treatment for leukemia are allowing the market to accrue exponentially on the global platform. Well-spread awareness about leukemia therapeutics has spurred the growth of the market.
Rising numbers of medical science and biotechnology companies is a major driving force behind the growth of the market. Besides, the improving outlook for leukemia treatments that are controlling the spread of the diseases fosters the market growth phenomenally. According to Market Research Future (MRFR), the global leukemia therapeutics market had valued at USD 10.7 BN in 2017. The valuation is further projected to appreciate at 5.3% CAGR during the assessment period (2018-2023).
The rapid adoption of leukemia therapeutics and increasing demand for effective treatment methods are driving the growth of the market. Additional factors, such as increasing numbers of R&D initiatives, clinical trials, and new approvals, are contributing to the growth of the market. Providers are collaborating with independent research centers and hospitals to bring novelties into therapies, which, as a result, are acting as major tailwinds for market growth.
On the other hand, high costs and lack of awareness are projected to impede the growth of the leukemia therapeutics market. Nevertheless, increasing numbers of drug discoveries would support market growth throughout the assessment period. Rapid uptake of these therapies by medical professionals, as well as patients and increasing success rates, are driving the market.
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Global Leukemia Therapeutics Market - Segments
The market is segmented into three main dynamics to widen the scope of understanding,
By Treatment Type: Chemotherapy (Alkylating Agents, Antimetabolites Antitumor Antibiotics, others), Biological Therapy, Targeted Therapy, Radiation Therapy, Stem Cell Transplant, and others.
By Application : Acute Myelogenous Leukemia, Acute Lymphocytic Leukemia, Chronic Myelogenous Leukemia, Chronic Lymphocytic Leukemia, and others.
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
These therapeutics are used to treat a range of leukemia types, including acute myelogenous, acute lymphocytic, chronic lymphocytic, chronic myelogenous, and others. Among these, acute lymphocytic leukemia (ALL) is the largest segment in the market. The prevalence of this type of leukemia is the major reason behind the growth of the segment. Additionally, rising numbers of clinical trials and regulatory approvals push the segment growth. For instance, recently FDA approved blinatumomab, a bispecific T-cell engager (BiTE), as an effective method to treat patients with acute lymphocytic leukemia.
Global Leukemia Therapeutics Market - Regional Analysis
North America dominates the global leukemia therapeutics market, heading with an increase in the prevalence of leukemia and the geriatric population. Besides, the presence of many well-established players, alongside innovative therapies is estimated to drive the leukemia therapeutics market in North America. The market growth is predominantly supported by the US market, which is growing due to the large patient pool and high healthcare expenditures.
Moreover, technological advancements and well-spread awareness about the availability of leukemia therapeutics, support market growth. The North American leukemia therapeutics market is projected to retain its dominance in the global market throughout the review period.
Europe stands second in the global leukemia therapeutics market. Increasing numbers of leukemia patients in the region drive the regional market predominantly. Furthermore, increased numbers of advanced treatment facilities, alongside the availability of skilled medical professionals and the government support for research & development, fosters regional market growth.
The Asia Pacific region is emerging as a promising market for leukemia therapeutics. Factors substantiating the market growth include increasing prevalence of leukemia and spreading awareness among people about the condition and availability of new treatment methods. China and India are proliferating markets for leukemia therapeutics, which contribute to the market growth in the region, majorly. The APAC leukemia therapeutics market is expected to grow phenomenally.
Global Leukemia Therapeutics Market - Competitive Analysis
The leukemia therapeutics market appears fiercely competitive due to the presence of many well-established players. Significant investments are transpired in the field to bring innovations to the therapy and clinical trials. To gain a larger competitive share in the market, these players incorporate strategies such as partnerships, collaborations, mergers & acquisitions, expansions, and technology launch.
Major Players:
Players leading the leukemia therapeutics market include Pfizer Inc. (US), Novartis AG (Switzerland), Eisai Co., Ltd. (Japan), Bristol-Myers Squibb Company (US), GlaxoSmithKline plc (UK), Takeda Pharmaceutical Company Ltd (Japan), Amgen Inc (US), Hoffmann-La Roche AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), and Sanofi SA (France), among others.
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Industry/ Innovation/Related News:
March 07, 2020 ---- Quantbot Technologies LP (the US), an SEC-registered investment adviser, announced, purchasing a new stake in a US-based biopharmaceutical company - TG Therapeutics Inc. The purchased 2,599 shares valued at approximately USD 28,000. TG Therapeutics is involved in developing & delivering medicines for patients with chronic lymphocytic leukemia (CLL), non-Hodgkin's Lymphoma (NHL), and Multiple Sclerosis (MS).
January 20, 2020 ---- CoImmune, a joint venture set up by SCM Life Science and Genexine in the US, announced the Formula Pharmaceuticals (Italy), a leader in the immunotherapy platform. Through this acquisition, CoImmune gets the rights to all tangible and intangible assets of Formula, expanding the company's pipeline with two additional drug candidates. Formula's Cytokine-Induced Killer Cell (CAR-CIK) is an acute lymphocytic leukemia drug, and CMN-001 is an advanced renal cancer drug.
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Antisense Oligonucleotides Market Report 2018 Is Set For Global Lead With Immense Development Trends By 2026
Antisense oligonucleotides are short, single stranded RNA or DNA molecules. Antisense oligonucleotides do not modulate the activity of already formed proteins, however they act before proteins are produced at the level of messenger RNA in the cell. Antisense oligonucleotides is used in treatment of oncology, Central nervous system therapeutics, inflammation therapeutics, diabetes, asthma, hair loss, etc. Antisense oligonucleotides is also used in genomics. Some examples of antisense nucleotides are fomivirsen to treat cytomegalovirus retinitis, mipomersen to treat high cholesterol, etc.
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Antisense Oligonucleotides Market Regional Analysis:-
North America is expected to be the dominant region in the global antisense oligonucleotides market over the forecast period. This is owing to increasing approvals of new antisense oligonucleotide drugs in the region. For instance, in 2018, U.S. FDA approved Nusinersen, which is marketed as Spinraza from Biogen Inc.—a multinational biotechnology company. Nusinersen is the first drug approved for the treatment of Spinal muscular Atrophy (SMA). Moreover, robust pipeline is expected to contribute significantly to North America antisense oligonucleotides market growth. For instance, in 2017, Bio Path Holding’s—an oncology focused biotechnology company— drug BP 1001 (liposomal Grb2 antisense oligonucleotide) was in phase 2 clinical trials. BP 1001 (liposomal Grb2 antisense oligonucleotide) is used to treat chronic myelogenous leukemia.
Key players in Europe are focusing on strategic mergers and acquisitions in order to enhance their product offerings in antisense oligonucleotides. This is further expected to aid in growth of the Europe antisense oligonucleotides market size. For instance, in 2014, Astra Zeneca Plc.,—a multinational pharmaceutical and biopharmaceutical company—merged with Ionis Pharmaceuticals, a pharmaceutical company. Astra Zeneca Plc. has strategically merged with Ionis Pharmaceuticals to develop delivery methods for antisense oligonucleotides, which would help in targeting the desired tissue more effectively. The other objective of this merger was to develop Ligand Conjugation Antisense (LICA) Technology. Furthermore, robust pipeline of key players is also expected to aid in growth of the market to a certain extent. For instance, in 2016, Ionis Pharmaceuticals, a pharmaceutical company completed phase 2 clinical trial of its drug IONIS STAT 3Rx. IONIS STAT 3Rx is used in treatment of advanced cancers and lymphoma.
Antisense Oligonucleotides Market Key Players:-
Key players in global antisense oligonucleotides market include Ionis Pharmaceuticals Inc., Sarepta Therapeutics Inc., Biogen Inc., Alnylam Pharmaceuticals Inc., Antisense Therapeutics Ltd., Isarna Therapeutics GmbH, Arrowhead Pharmaceuticals Inc., Atlantic pharmaceuticals Inc., Enzon Pharmaceuticals Inc., Bio-Path Holdings Inc., Glaxo smith Kline Plc., Gene Signal International SA., Geron Corporation, Gradlis Inc., ICO Therapeutics Inc., Aptose Biosciences Inc., Marina Biotech Inc., miRagen Therapeutics Inc., Synlogic Inc., OncoGenex Pharmaceuticals Inc., Pharmaxis Ltd., Rexahn Pharmaceuticals Inc., Regulus Therapeutics Inc., and Rxi Pharmaceuticals Inc.
#Antisense Oligonucleotides Market#Antisense Oligonucleotides#Antisense Oligonucleotides Market 2026#Pharmaceutical
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Global Chronic Myelogenous Leukemia Treatment Market Dynamics, Trends, Opportunities, Drivers, Challenges And Influence Factors Shared In A Latest Report by research firm
Global Chronic Myelogenous Leukemia Treatment Market Dynamics, Trends, Opportunities, Drivers, Challenges And Influence Factors Shared In A Latest Report by research firm
Marketresearchnest.Com “Global Chronic Myelogenous Leukemia Treatment Market Size, Status and Forecast 2019-2025” New Report to Its Research Database. The Report Spread across 97 Pages with Multiple Tables and Figures in It.
Chronic myeloid leukemia (CML) is also known as chronic myelogenous leukemia. It’s a type of cancer that starts in certain blood-forming cells of the bone marrow.
In 2018,…
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#Chronic Myelogenous Leukemia Treatment#Chronic Myelogenous Leukemia Treatment Industry Trends#Chronic Myelogenous Leukemia Treatment Market
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Chronic Myelogenous Leukemia Treatment Market Size, Latest Trends, Share, Key Players, Revenue, Opportunity, and Forecast 2028
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Hematologic Malignancies Market Outlooks 2020: Industry Analysis, Market Segmentation, Challenges And Opportunities To 2027
Rising global prevalence of blood cancer, growing awareness about benefits of early diagnosis, and development of strong pipeline therapeutics are key factors driving market revenue growth
Market Size – USD 53.46 Billion in 2020, Market Growth – at a CAGR of 10.7%, Market Trends – Increasing focus on development of new therapeutics
The Global Hematologic Malignancies Market size is expected to reach USD 120.56 Billion by 2028 at a CAGR of 10.7%, according to the latest report by Reports and Data. Rising prevalence of blood cancer, presence of strong pipeline therapeutics, and increasing expenditure in healthcare sector are key factors expected to drive market revenue growth over the forecast period. In addition, rapidly increasing geriatric population, rising awareness about early diagnosis and treatment, growing focus on developing advanced therapeutics, and increasing product approvals are expected to support market growth going ahead.
Hematologic malignancies are cancers that affect bone narrow, blood, and lymph nodes, and include different types of leukemia, myeloma, and lymphoma. Hematological malignancies account for nearly 9% of total newly diagnosed cancers in the United States. Blood cancer generally occur when there is rapid and uncontrollable growth of abnormal cells which interfere with development and functioning of normal cells. Hematologic malignancies are subdivided according to the type of blood cells that are affected. Lymphoblastic or lymphocytic malignancies occur in the lymphoid lineage, while myelogenous or myeloid malignancies occur in myeloid lineages. Treatment of hematologic malignancies is largely based on treating and alleviating symptoms. Aggressive hematologic malignancies require treatment with chemotherapy, immunotherapy, radiotherapy, and bone marrow transplant. increasing number of patients requiring chemotherapy and bone marrow transplant has increased over the recent past and this is expected to drive demand for these therapeutic approaches going ahead.
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Over the last decade, numerous preclinical and clinical researches have generated encouraging results for treatment of hematological malignancies. Improved long-term outcomes for patients suffering from hematologic malignancies owing to rapid progress in therapeutics and drugs has contributed significantly to revenue growth of the market. Increasing funding and investment to accelerate cancer research is also expected to drive market growth. However, high costs of treatment and lack of skilled professionals is expected to restrain market growth to a certain extent over the forecast period.
Some Key Highlights From the Report:
Leukemia segment is expected to register robust revenue growth over the forecast period owing to increasing prevalence of leukemia across the globe, availability of advanced oncology drugs and therapeutics, and increasing collaborations in the market to boost development of advanced therapeutics for leukemia.
Chemotherapy segment is expected to account for largest revenue share during the forecast period, attributable to increasing application of chemotherapy in treatment of blood cancer. Chemotherapy is generally the first line of treatment for blood cancer and often uses a combination of drugs depending on the type of cancer.
North America is expected to account for largest revenue share between 2021 and 2028, attributable to rising prevalence of hematologic malignancies, establishment of robust healthcare facilities, availability of advanced cancer therapeutics, and robust presence of key market players in the region.
Key players include Pfizer, Inc., F. Hoffmann-LA Roche ltd., Sanofi-Aventis, Bristol-Myers Squibb Company, AbbVie, Inc., Novartis AG, GlaxoSmithKline PLC, Celgene Corporation, Johnson & Johnson Services, Inc., and Takeda Pharmaceutical Company Limited.
In April 2021, Arch Oncology, Inc., which is a clinical-stage oncology firm engaged in discovery and development of anti-CD47 therapeutics, closed a Series C round of financing at USD 105 Million. The funding will be used to accelerate clinical progress of differentiated anti-CD47 candidate for treating patients with solid tumors and hematologic malignancies.
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For the purpose of this report, Reports and Data has segmented the hematologic malignancies market based on type, therapy, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
Leukemia
Lymphoma
Multiple Myeloma
Others
Acute Lymphocytic Leukemia
Chronic Lymphocytic Leukemia
Acute Myeloid Leukemia
Chronic Myeloid Leukemia
Therapy Outlook (Revenue, USD Billion; 2018-2028)
Chemotherapy
Radiotherapy
Immunotherapy
Stem Cell Transplantation
Others
Regional Outlook (Revenue, USD Billion; 2018-2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
S.
Canada
Mexico
Germany
K.
Italy
France
BENELUX
Rest of Europe
China
India
Japan
South Korea
Rest of APAC
Brazil
Rest of LATAM
Saudi Arabia
A.E.
South Africa
Rest of MEA
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Table of Contents
Chapter 1. Global Hematologic Malignancies Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Hematologic Malignancies Market Dynamics
Chapter 5. Global Hematologic Malignancies Market Competitive Landscape
Chapter 6. Global Hematologic Malignancies Market by Product Types
Chapter 7. Global Hematologic Malignancies Market by Applications
Chapter 8. Global Hematologic Malignancies Market by End-user industries
Chapter 9. Global Hematologic Malignancies Market Regional Analysis
Chapter 10. Appendix
The Hematologic Malignancies Market Report discusses the changing economic scenario, highlighting market value and volume, drivers, constraints, opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. The report also utilizes analytical and econometric tools to assess key information.
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Table of Content:
Chapter 1 Research Methodology & Scope
1.1 Information Procurement
1.1.1 Purchased database:
1.1.2 Internal database
1.2 Research Methodology
1.3 Geographic scope & assumptions
1.4 Region-wise market calculation
1.4.1 Region-wise market: Base estimates
1.4.2 Global market: CAGR calculation
1.5 Region-based segment share calculation
1.6 List of Secondary Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Hematologic Malignancies Market Variables, Trends & Scope
3.1 Market segmentation& scope
3.2 Market Driver Analysis
3.2.1 Growing Incidence of blood cancer
3.2.2 Increasing investment for cancer research
3.2.3 Strong product pipeline
3.2.4 Increasing Acquisition and Collaboration
3.3 Market restraint analysis
3.3.1 Reimbursement Policies
3.3.2 Large Capital Investment
3.4 Penetration & growth prospect mapping
3.5 Hematologic malignancies - SWOT Analysis, By Factor (political & legal, economic and technological)
3.6 Industry Analysis - Porter’s
Chapter 4 Hematologic Malignancies Market: Type Outlook
Continued…..
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Global Chronic Myelogenous Leukemia Treatment Market Research Report 2020- Regional Trends, Volume (Size and Share), Review by Industry Research Expert
Global Chronic Myelogenous Leukemia Treatment Market Research Report 2020- Regional Trends, Volume (Size and Share), Review by Industry Research Expert
Global Chronic Myelogenous Leukemia Treatment Market Research Report 2020-2025 : Statistical Industry Analysis, Regional Segmentation, Historical Trends, Revenue, Volume, and Projections.
Global Chronic Myelogenous Leukemia Treatment market research report is a comprehensive probe of various trends in the market along with restraints and drivers in the business growth. It offers industry…
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Chronic Myelogenous Leukemia Treatment Market Estimated to Record Highest CAGR by 2026
The demand within the global market for chronic myelogenous leukaemia treatment has been rising on account of advancements in the worldwide healthcare sector. The presence of a robust domain for cancer treatment is expected to improve the chances of market growth. The vendors operating in the global chronic myelogenous leukaemia treatment have made concerted efforts to improve their revenue index. The relation of the global chronic myelogenous leukaemia treatment market to the healthcare industry is a key consideration for the market vendors. The established vendors have succeeded by tying up with leading medical institutes and healthcare facilities. Furthermore, research and development activities in niche areas have also improved the growth stakes of the leading vendors.
It is expected that the global chronic myelogenous leukaemia treatment marker would witness new mergers in the years to come. This projection is based on the quest of small vendors to turn lucrative by joining hands with the large and established companies. Furthermore, the global chronic myelogenous leukaemia treatment market is also expected to witness the entry of new vendors in the years to come. The entry of new players in this market is slated to fragment the global chronic myelogenous leukaemia treatment. Some of the key vendors in the global chronic myelogenous leukaemia treatment market are Teva Pharmaceutical, Novartis, Bristol Myers Squibb, Pfizer, and Hoffman-LaRoche and Schering Plough.
Transparency Market Research (TMR) finds that the global chronic myelogenous leukaemia treatment market would expand at a starry CAGR of 6.7% over the period between 2017 and 2026. Furthermore, the global market for chronic myelogenous leukaemia treatment is expected to touch a cumulative value of US$ 8,550.8 million by 2026-end. On the basis of treatment type, symptomatic treatment has gained popularity over disease specific treatment. Based on geography, the market for myelogenous leukaemia treatment in North America has been rising at a stellar pace.
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Advancements in the Healthcare Industry to Aid Market Growth
The global market for chronic myelogenous leukaemia treatment has been expanding at a stellar pace over the past decade. The commencement of new trends in the healthcare fraternity is responsible for the growth of the chronic myelogenous leukaemia treatment market. Furthermore, disease treatment is a sub-domain within healthcare that has garnered the attention of regional and international investors. This factor has brought in voluminous revenues into the global chronic myelogenous leukaemia treatment market in recent times. Advancements in the field of oncology have also reeked of growth within the global chronic myelogenous leukaemia treatment market in recent times.
Popularity of Branded Drugs to Propel Market Demand
Owing to the effective marketing tactics adopted by major drug manufacturers, the demand for branded drugs has been on a rise. This factor has also created tremendous opportunities for growth within the global chronic myelogenous leukaemia treatment market in recent times. Hospital pharmacies have become key sellers of drugs and therapeutics for the treatment of chronic myelogenous leukaemia. This is another key dynamic of growth prevailing in the global chronic myelogenous leukaemia treatment market. It is expected that the market forces of demand and supply would favour the inflow of revenues into the global chronic myelogenous leukaemia treatment market.
The review is based on TMRs’ report titled, “Chronic Myelogenous Leukemia Treatment Market (Treatment Type – Disease Specific Treatment, Symptomatic Treatment; Distribution Channel – Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies; Drug Type- Branded, Generic) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”.
The global chronic myelogenous leukaemia treatment market is segmented as:
By Treatment Type
Disease Specific Treatment
Symptomatic Treatment
By Distribution Channel
Hospital Pharmacies
Specialty Pharmacies
Retail Pharmacies
By Drug Type
Branded
Generic
By Region
North America
Latin America
The Middle East and Africa
Europe
Asia Pacific
Important queries related to the keyword market addressed in the report:
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In which region is the concentration of tier 1 companies the highest?
How have the evolving regulatory policies influenced the growth of the keyword market?
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Which end-use is expected to dominate the keyword market in terms of share and demand?
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Chronic Lymphocytic Leukemia Market: Up-To-Date Analyses Of Market Trends And Technological Improvements
Chronic lymphocytic leukemia (CLL) is a blood and bone marrow disease that usually gets adverse slowly. It is one of the most common types of leukemia in adults. Chronic lymphocytic leukemia is a type of cancer in which the bone marrow makes too many lymphocytes.It may affect red blood cells, white blood cells, and platelets. Chronic lymphocytic leukemia is the second most common cancer in adult males. About 90% of chronic lymphocytic leukemia is diagnosed in middle age. Incidence rate of CLL is high in men and women over 50 years of age or middle age. It is rarely seen in people under age 40, and is extremely rare in children. In CLL, majority of the blood stem cells become abnormal lymphocytes healthy white blood cells. The abnormal lymphocytes may also be called leukemia cells. These abnormal lymphocytes are not able to fight infection very well. Also, as the number of lymphocytes increases in the blood and bone marrow, there is less room for healthy white blood cells, red blood cells, and platelets. This may cause infection, anemia, and easy bleeding which may result in death. In 2016, American Cancer Society has estimated that in the United States about18,960 new cases of chronic lymphocytic leukemia (CLL)and approximately 4,660 deaths by CLL are observed up till now.
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Chronic Lymphocytic Leukemia Market: Drivers and Restraints
Increase in aging population is an impetus for the growth of the CLL market. The increasing incidences of cancers in developed and developing countries such as India, and Brazil are expected to boost market growth. Moreover, exceptional regulatory designations offered to certain drugs. CLL is a disease which affects a minute percentage of the population, that’s why they are treated by a few marketed drugs only. A small or medium number of patients creates a very small market for these drugs. So it may or may not be profitable for companies to develop these drugs as recovering the research and developments of the drug expenses would be difficult. That’s why collaboration agreements and co-development are some of the key strategies adopted by top market players. For example, recently GlaxoSmithKline plc and Genmab A/S, have entered into co-development and collaboration agreement for drug Arzerra (ofatumumab), used in the treatment of relapsed CLL. Other two important drivers for CLL treatment market are family history of blood disorders and excessive exposure to harmful chemicals. Another trend that is expected to inspire market growth is a rise in the development of combination of drug therapies. Combination therapies for the treatment of CLL were available only in the form of chemotherapy combination drugs. Previously approved combinations were only few.However, stringent regulatory guidelines are expected to hamper market growth. Moreover, the high overall treatment cost for the therapy is another factor inhibiting the market growth. For example, GA101/RG7159 was launched in the market in 2014 by Genentech Inc (U.S.). The drug costs approximately at $409,580 for patients who take them annually.
Chronic Lymphocytic Leukemia Market: Segmentation
The global chronic lymphocytic leukemiamarket is classified on the basis of type, route of administration, type of drug, end user.
Based on type, the global chronic lymphocytic leukemiamarket is segmented into the following:
Acute myeloid (or myelogenous) leukemia (AML)
Chronic myeloid (or myelogenous) leukemia (CML)
Acute lymphocytic (or lymphoblastic) leukemia (ALL)
Chronic lymphocytic leukemia (CLL)
Based on Drug Route Administration (ROA) the global chronic Lymphocytic Leukemiamarket is segmented into the following:
Oral
Parenteral
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Based on types of chemo drugs used the global chronic lymphocytic leukemiamarket is segmented into the following:
Purine analogs.
Alkylating agents
Corticosteroids
Other drugs
Based on end user global chronic lymphocytic leukemiamarket is segmented into the following:
Hospitals
Private Clinics
Diagnostic Laboratories
Research Laboratories
Research Institutes
Drug Store
Chronic Lymphocytic Leukemia Market overview:
Conventionally, the CLL therapeutics market is dominated by the parenteral segment. In the parenteral ROA, the drug is administered by the intravenous, subcutaneous, intrathecal, or intramuscular routes. But slowly oral drugs are expected to capture vast market share. Drugs delivered by oral route are absorbed rapidly and the onset of action is fast. Moreover, oral ROA is essential during emergencies when there is a need for greater patient compliance.
For example: – Imbruvica, rituximab, idelalisib are oral tablets given to CLL patients alone or in combination. The efficacy of ibrutinib (Imbruvica) and idelalisib (Zydelig) in chronic lymphocytic leukemia (CLL) suggests the drugs could potentially replace chemoimmunotherapy completely for some patients.
Chronic Lymphocytic Leukemia Market: Regional Overview
Region wise, the global chronic lymphocytic leukemiamarket is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for chronic lymphocytic leukemiadue to good reimbursement policies for diagnostic, therapeutic procedures and number of government organizations investigating the efficiency. After North America this market is followed by Europe due to increase in the number of patients suffering from CLL. Asia Pacific region is expected to perceive a significantly faster growth over the forecast period due to a number of branded drugs will become available over the next four years, with the expanding patient pool receiving greater access to such new treatments.
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Chronic Lymphocytic Leukemia Market: Key Players
Some of the key players in the market of near patient molecular solution are F. Hoffman-La Roche, AbbVie, Teva Pharmaceuticals, Gilead Sciences, Novartis, and Johnson & Johnson.
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Leukemia Therapeutics Market Size, Share, Growth, Forecast, Key Findings, Competitive Landscape, Industry Analysis, Segmentation And Trends
A Broad Analysis of the "Worldwide Leukemia Therapeutics Market “methodology of the leading organizations in the exactness of import/export utilization, market activity figures, cost, value, revenue and gross edges.
Leukemia Therapeutics Market Analysis
Global leukemia therapeutics market is growing pervasively and will continue to do so in the years to come due to the growing prevalence of leukemia. With considerable advancements in biotechnology, various innovative therapies have emerged, which drive the market growth excellently. The proven efficacies of these therapeutics in providing effective treatment for leukemia are allowing the market to accrue exponentially on the global platform. Well-spread awareness about leukemia therapeutics has spurred the growth of the market.
Read more news on: https://www.medgadget.com/2020/08/leukemia-therapeutics-market-to-grow-at-a-cagr-of-5-3-by-2023-covid-19-impact-analysis-top-comapnies-pfizer-inc-glaxosmithkline-plc-novartis-ag-bristol-myers-squibb-company-sanofi-s-a.html
Rising numbers of medical science and biotechnology companies is a major driving force behind the growth of the market. Besides, the improving outlook for leukemia treatments that are controlling the spread of the diseases fosters the market growth phenomenally. According to Market Research Future (MRFR), the global leukemia therapeutics market had valued at USD 10.7 BN in 2017. The valuation is further projected to appreciate at 5.3% CAGR during the assessment period (2018-2023).
The rapid adoption of leukemia therapeutics and increasing demand for effective treatment methods are driving the growth of the market. Additional factors, such as increasing numbers of R&D initiatives, clinical trials, and new approvals, are contributing to the growth of the market. Providers are collaborating with independent research centers and hospitals to bring novelties into therapies, which, as a result, are acting as major tailwinds for market growth.
On the other hand, high costs and lack of awareness are projected to impede the growth of the leukemia therapeutics market. Nevertheless, increasing numbers of drug discoveries would support market growth throughout the assessment period. Rapid uptake of these therapies by medical professionals, as well as patients and increasing success rates, are driving the market.
Leukemia Therapeutics Market Major Players:
Players leading the leukemia therapeutics market include Pfizer Inc. (US), Novartis AG (Switzerland), Eisai Co., Ltd. (Japan), Bristol-Myers Squibb Company (US), GlaxoSmithKline plc (UK), Takeda Pharmaceutical Company Ltd (Japan), Amgen Inc (US), Hoffmann-La Roche AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), and Sanofi SA (France), among others.
Global Leukemia Therapeutics Market - Competitive Analysis
The leukemia therapeutics market appears fiercely competitive due to the presence of many well-established players. Significant investments are transpired in the field to bring innovations to the therapy and clinical trials. To gain a larger competitive share in the market, these players incorporate strategies such as partnerships, collaborations, mergers & acquisitions, expansions, and technology launch.
Global Leukemia Therapeutics Market - Segments
The market is segmented into three main dynamics to widen the scope of understanding,
By Treatment Type: Chemotherapy (Alkylating Agents, Antimetabolites Antitumor Antibiotics, others), Biological Therapy, Targeted Therapy, Radiation Therapy, Stem Cell Transplant, and others.
By Application: Acute Myelogenous Leukemia, Acute Lymphocytic Leukemia, Chronic Myelogenous Leukemia, Chronic Lymphocytic Leukemia, and others.
By Regions: Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
These therapeutics are used to treat a range of leukemia types, including acute myelogenous, acute lymphocytic, chronic lymphocytic, chronic myelogenous, and others. Among these, acute lymphocytic leukemia (ALL) is the largest segment in the market. The prevalence of this type of leukemia is the major reason behind the growth of the segment. Additionally, rising numbers of clinical trials and regulatory approvals push the segment growth. For instance, recently FDA approved blinatumomab, a bispecific T-cell engager (BiTE), as an effective method to treat patients with acute lymphocytic leukemia.
Global Leukemia Therapeutics Market - Regional Analysis
North America dominates the global leukemia therapeutics market, heading with an increase in the prevalence of leukemia and the geriatric population. Besides, the presence of many well-established players, alongside innovative therapies is estimated to drive the leukemia therapeutics market in North America. The market growth is predominantly supported by the US market, which is growing due to the large patient pool and high healthcare expenditures.
Moreover, technological advancements and well-spread awareness about the availability of leukemia therapeutics, support market growth. The North American leukemia therapeutics market is projected to retain its dominance in the global market throughout the review period.
Europe stands second in the global leukemia therapeutics market. Increasing numbers of leukemia patients in the region drive the regional market predominantly. Furthermore, increased numbers of advanced treatment facilities, alongside the availability of skilled medical professionals and the government support for research & development, fosters regional market growth.
The Asia Pacific region is emerging as a promising market for leukemia therapeutics. Factors substantiating the market growth include increasing prevalence of leukemia and spreading awareness among people about the condition and availability of new treatment methods. China and India are proliferating markets for leukemia therapeutics, which contribute to the market growth in the region, majorly. The APAC leukemia therapeutics market is expected to grow phenomenally.
Leukemia Therapeutics Industry/ Innovation/Related News:
March 07, 2020 ---- Quantbot Technologies LP (the US), an SEC-registered investment adviser, announced, purchasing a new stake in a US-based biopharmaceutical company - TG Therapeutics Inc. The purchased 2,599 shares valued at approximately USD 28,000. TG Therapeutics is involved in developing & delivering medicines for patients with chronic lymphocytic leukemia (CLL), non-Hodgkin's Lymphoma (NHL), and Multiple Sclerosis (MS).
January 20, 2020 ---- CoImmune, a joint venture set up by SCM Life Science and Genexine in the US, announced the Formula Pharmaceuticals (Italy), a leader in the immunotherapy platform. Through this acquisition, CoImmune gets the rights to all tangible and intangible assets of Formula, expanding the company's pipeline with two additional drug candidates. Formula's Cytokine-Induced Killer Cell (CAR-CIK) is an acute lymphocytic leukemia drug, and CMN-001 is an advanced renal cancer drug.
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#Leukemia Therapeutics Market#Leukemia Therapeutics Market Size#Leukemia Therapeutics Market Share#Leukemia Therapeutics Market Growth#Leukemia Therapeutics Market Analysis#Leukemia Therapeutics Market Trends
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Global Leukemia Therapeutics Market 2019 – 2023: Business Growth Drivers, Emerging Audience, Industry Segments, Global Trends, Profits and Sales
Global Leukemia Therapeutics Market Report, Forecast Period 2023-2020. The Industry Research Report on Global Leukemia Therapeutics Market is based on Industry Size, Share, Trend and Growth.
Global leukemia therapeutics market is growing pervasively and will continue to do so in the years to come due to the growing prevalence of leukemia. With considerable advancements in biotechnology, various innovative therapies have emerged, which drive the market growth excellently. The proven efficacies of these therapeutics in providing effective treatment for leukemia are allowing the market to accrue exponentially on the global platform. Well-spread awareness about leukemia therapeutics has spurred the growth of the market.
Rising numbers of medical science and biotechnology companies is a major driving force behind the growth of the market. Besides, the improving outlook for leukemia treatments that are controlling the spread of the diseases fosters the market growth phenomenally. According to Market Research Future (MRFR), the global leukemia therapeutics market had valued at USD 10.7 BN in 2017. The valuation is further projected to appreciate at 5.3% CAGR during the assessment period (2018-2023).
The rapid adoption of leukemia therapeutics and increasing demand for effective treatment methods are driving the growth of the market. Additional factors, such as increasing numbers of R&D initiatives, clinical trials, and new approvals, are contributing to the growth of the market. Providers are collaborating with independent research centers and hospitals to bring novelties into therapies, which, as a result, are acting as major tailwinds for market growth.
On the other hand, high costs and lack of awareness are projected to impede the growth of the leukemia therapeutics market. Nevertheless, increasing numbers of drug discoveries would support market growth throughout the assessment period. Rapid uptake of these therapies by medical professionals, as well as patients and increasing success rates, are driving the market.
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Global Leukemia Therapeutics Market - Segments
The market is segmented into three main dynamics to widen the scope of understanding,
By Treatment Type: Chemotherapy (Alkylating Agents, Antimetabolites Antitumor Antibiotics, others), Biological Therapy, Targeted Therapy, Radiation Therapy, Stem Cell Transplant, and others.
By Application : Acute Myelogenous Leukemia, Acute Lymphocytic Leukemia, Chronic Myelogenous Leukemia, Chronic Lymphocytic Leukemia, and others.
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
These therapeutics are used to treat a range of leukemia types, including acute myelogenous, acute lymphocytic, chronic lymphocytic, chronic myelogenous, and others. Among these, acute lymphocytic leukemia (ALL) is the largest segment in the market. The prevalence of this type of leukemia is the major reason behind the growth of the segment. Additionally, rising numbers of clinical trials and regulatory approvals push the segment growth. For instance, recently FDA approved blinatumomab, a bispecific T-cell engager (BiTE), as an effective method to treat patients with acute lymphocytic leukemia.
Global Leukemia Therapeutics Market - Regional Analysis
North America dominates the global leukemia therapeutics market, heading with an increase in the prevalence of leukemia and the geriatric population. Besides, the presence of many well-established players, alongside innovative therapies is estimated to drive the leukemia therapeutics market in North America. The market growth is predominantly supported by the US market, which is growing due to the large patient pool and high healthcare expenditures.
Moreover, technological advancements and well-spread awareness about the availability of leukemia therapeutics, support market growth. The North American leukemia therapeutics market is projected to retain its dominance in the global market throughout the review period.
Europe stands second in the global leukemia therapeutics market. Increasing numbers of leukemia patients in the region drive the regional market predominantly. Furthermore, increased numbers of advanced treatment facilities, alongside the availability of skilled medical professionals and the government support for research & development, fosters regional market growth.
The Asia Pacific region is emerging as a promising market for leukemia therapeutics. Factors substantiating the market growth include increasing prevalence of leukemia and spreading awareness among people about the condition and availability of new treatment methods. China and India are proliferating markets for leukemia therapeutics, which contribute to the market growth in the region, majorly. The APAC leukemia therapeutics market is expected to grow phenomenally.
Global Leukemia Therapeutics Market - Competitive Analysis
The leukemia therapeutics market appears fiercely competitive due to the presence of many well-established players. Significant investments are transpired in the field to bring innovations to the therapy and clinical trials. To gain a larger competitive share in the market, these players incorporate strategies such as partnerships, collaborations, mergers & acquisitions, expansions, and technology launch.
Major Players:
Players leading the leukemia therapeutics market include Pfizer Inc. (US), Novartis AG (Switzerland), Eisai Co., Ltd. (Japan), Bristol-Myers Squibb Company (US), GlaxoSmithKline plc (UK), Takeda Pharmaceutical Company Ltd (Japan), Amgen Inc (US), Hoffmann-La Roche AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), and Sanofi SA (France), among others.
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Industry/ Innovation/Related News:
March 07, 2020 ---- Quantbot Technologies LP (the US), an SEC-registered investment adviser, announced, purchasing a new stake in a US-based biopharmaceutical company - TG Therapeutics Inc. The purchased 2,599 shares valued at approximately USD 28,000. TG Therapeutics is involved in developing & delivering medicines for patients with chronic lymphocytic leukemia (CLL), non-Hodgkin's Lymphoma (NHL), and Multiple Sclerosis (MS).
January 20, 2020 ---- CoImmune, a joint venture set up by SCM Life Science and Genexine in the US, announced the Formula Pharmaceuticals (Italy), a leader in the immunotherapy platform. Through this acquisition, CoImmune gets the rights to all tangible and intangible assets of Formula, expanding the company's pipeline with two additional drug candidates. Formula's Cytokine-Induced Killer Cell (CAR-CIK) is an acute lymphocytic leukemia drug, and CMN-001 is an advanced renal cancer drug.
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