Overview and Scope
Chronic myeloid leukemia (CML) is a type of cancer that affects the bone marrow and blood cells and is characterized by the overproduction of abnormal white blood cells known as granulocytes. Chronic myeloid leukemia (CML) treatment aims to control the disease, reduce symptoms and improve the quality of life for patients suffering from the disease.
Sizing and Forecast
The chronic myeloid leukemia treatment market size has grown strongly in recent years. It will grow from $8.58 billion in 2023 to $9.2 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rising prevalence of chronic myeloid leukemia, growing awareness about cancer treatment, government initiatives, growing research and development activities for chronic myeloid leukemia treatments.
The chronic myeloid leukemia treatment market size is expected to see strong growth in the next few years. It will grow to $12.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to growing demand for effective and more tolerable treatments, rising healthcare spending, investments in chronic myeloid leukemia treatments, growing personalized medicine. Major trends in the forecast period include improved diagnosis and screening, innovative treatments for chronic myeloid leukemia, development of targeted therapies, advanced early diagnosis and screening, monitoring technologies.
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Segmentation & Regional Insights
The chronic myeloid leukemia treatment market covered in this report is segmented –
1) By Type: Targeted Therapy; Chemotherapy; Radiation Therapy; Splenectomy; Stem Cell Transplant
2) By Route of Administration: Oral; Parenteral; Other Route of Administrations
3) By End-User: Hospitals; Specialty Clinics; Other End-Users
North America was the largest region in the chronic myeloid leukemia treatment market in 2023. The regions covered in chronic myeloid leukemia treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing incidences of myeloid leukemia are expected to propel the growth of the chronic myeloid leukemia (CML) treatment market going forward. Myeloid leukemia is a type of cancer that originates in the bone marrow and affects the cells responsible for producing various kinds of blood cells. Chronic myeloid leukemia (CML) treatment aims to improve bone marrow function by targeting the root cause of leukemia to reduce the risk of complications with low blood cell counts, reduce the need for chemotherapy and transplants and improve the survival rates for people with myeloid leukemia. For instance, in January 2023, according to the estimates of the American Cancer Society, a US-based voluntary health organization, there were about 20,380 cases and 11,310 deaths of acute myeloid leukemia (AML) in adults in 2023. Therefore, the increasing incidences of myeloid leukemia drive the chronic myeloid leukemia (CML) treatment market.
Key Industry Players
Major players in the chronic myeloid leukemia treatment market are Pfizer Inc., Johnson and Johnson Limited, F. Hoffmann-La Roche AG, AbbVie Inc., Novartis AG, Merck and Co. Inc., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, GSK PLC, Takeda Pharmaceutical Company Limited, Amgen Inc., Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Otsuka Holdings Co Ltd., Mylan N.V., Astellas Pharma Inc., Incyte Corporation, Lupin Limited, Seattle Genetics Inc., Innovent Biologics Inc., Xencor Inc., ARIAD Pharmaceuticals Inc., Celon Laboratories Pvt. Ltd.
The chronic myeloid leukemia treatment market report table of contents includes:
1. Executive Summary
2.Chronic Myeloid Leukemia Treatment Market Characteristics
3.Chronic Myeloid Leukemia Treatment Market Trends And Strategies
4.Chronic Myeloid Leukemia Treatment Market analysis
5.Chronic Myeloid Leukemia Treatment Market Size And Growth
6.Chronic Myeloid Leukemia Treatment Segmentation
7.Chronic Myeloid Leukemia Treatment Regional And Country Analysis
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27.Chronic Myeloid Leukemia Treatment Competitive Landscape And Company Profiles
28.Chronic Myeloid Leukemia Treatment Key Mergers And Acquisitions
29.Chronic Myeloid Leukemia Treatment Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Pfizer Inc.
- Johnson and Johnson Limited
- F. Hoffmann-La Roche AG
- AbbVie Inc.
- Novartis AG
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Chronic Myeloid Leukemia Treatment in India.
Chronic myeloid leukemia typically affects older adults.
It's caused by a chromosome mutation that occurs spontaneously.
Doctors aren't sure what causes the mutation.
Acute Myeloid Leukemia Treatment Market Information; by Disease Type (Myeloblastic, Promyeloctic, Myelomonocytic, Monocytic, Erythroleukemia, Megakaryocytic); by Treatment (Chemotherapy (Induction, Post Remission), Hematopoietic Stem Cell Transplantation) - Forecast to 2027Market SynopsisAccording to new research conducted by Market Research Future (MRFR), the global acute myeloid leukemia treatment market is predicted to accumulate a substantial market value of USD 1.2 billion, flourishing at a CAGR of 5.3% during the assessment period from 2017 to 2023.A sedentary lifestyle and genetic variations are some of the major factors resulting in acute myeloid leukemia.
The global acute myeloid leukemia treatment market 2020 is projected to secure an exponential rise during the review period owing to the increasing occurrences of acute myeloid leukemia.
The increasing number of hospitals, favorable reimbursement policies, more awareness, developing the healthcare infrastructure, and increased initiatives taken for R are other significant factors leading to the rise in the market during the forecast period.Conversely, the severe impact of drugs on health, low cure rates of the present drugs are projected to impede the global market.
However, the rising geriatric population, and increased unmet healthcare needs, along with the factors as mentioned earlier, are likely to combat the factors obstructing the market.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/3223 Market SegmentationThe segment evaluation of the acute myeloid leukemia treatment market is done by disease type and treatment.The disease-based segments of the global acute myeloid leukemia treatment market are promyelocytic, myeloblastic, myelomonocytic, erythroleukemia monocytic, and megakaryocytic.The treatment based segments of the global acute myeloid leukemia treatment market are chemotherapy and hematopoietic stem cell transplantation.
Chemotherapy is further segmented into post-remission and induction.Regional AnalysisBased on geography, the worldwide acute myeloid leukemia treatment market is segmented into North America, Europe, Asia-Pacific, and the Middle East and Africa.
On the other hand, the MEA region is predicted to acquire the least market share during the evaluation period.As per the analysis, North America is estimated to dominate the global market, with the US leading the regional market.
Global Acute Myeloid Leukemia Treatment Market Information; by Disease Type (Myeloblastic, Promyeloctic, Myelomonocytic, Monocytic, Erythroleukemia, Megakaryocytic); by Treatment (Chemotherapy (Induction, Post Remission), Hematopoietic Stem Cell Transplantation) – Forecast to 2023Market ScenarioAcute myeloid leukemia (AML) is a cancer of the myeloid blood cells, causing extreme and rapid growth of abnormal white blood cells of the bone marrow.
The rapid buildup of abnormal white blood cells causes interference in the production of normal blood cells.
AML has a propensity to increase towards age.
Replacement of normal bone marrow with cancer cells causes a drop in blood constituents such as red blood cells, platelets, white blood cells etc.
Presence of other blood disorders and genetics is also involved for the higher risk of AML.Avail a Free Sample@ https://www.marketresearchfuture.com/sample_request/3223 Key players of Global Acute Myeloid Leukemia Treatment MarketKey players profiled in the report are Johnson & Johnson, Pfizer Inc., Celgene Corporation, Ambit Biosciences Corporation, Cyclacel Pharmaceuticals Inc. Novartis AG and Sanofi, Bristol Myers Squibb and others.SegmentsThe global acute myeloid leukemia treatment market is segmented on the basis of disease type.
Chemotherapy is further sub-segmented into induction and post remission.Intended AudienceGlobal acute myeloid leukemia treatment solutions providers.Research and development (R) companiesMarket research and consulting service providersAcademic institutes and universitiesRegional AnalysisUS accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare.
