30-Dec-2019 | Zion Market Research
The global leukemia therapeutics market consists of few prominent market players such as Bristol-Myers Squibb, GlaxoSmithKline plc., Teva Pharmaceuticals, Genzyme Corporation, F. Hoffmann-La Roche Ltd., Novartis International AG., ARIAD Pharmaceuticals, Inc., AbbVie Inc., Amgen, and Pfizer among others. The participation of these players is anticipated to boost the leukemia therapeutics market growth in the coming period. As per Zion Market Research analysts, the valuation of the global leukemia therapeutics market in 2016 was nearly USD 9.44 Billion and is projected to make revenue of around USD 11.97 Billion by 2022, growing at around 4.1% CAGR from 2017 to 2022.
This review is based on a report by Zion Market Research, titled “Leukemia Therapeutics Market by Type (Acute, Chronic and other), Therapy (Chemotherapy, Biological Therapy, Radiation Therapy, Targeted Therapy, and Others) and Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022”- Report at https://www.zionmarketresearch.com/report/leukemia-therapeutics-market
Global Leukemia Therapeutics Market To Witness Growth Owing To Better Survival Through Combination Treatment
The key factor driving the growth of the global leukemia therapeutics market is the rising prevalence of target disease around the globe. The combination treatment with few side-effects and better survival along with the development of novel agents are other few factors propelling the growth of the global leukemia therapeutics market. Conversely, the market growth likely to be hampered by the high expenses of clinical trials and potential adverse events or side-effects associated with combination treatments. Nonetheless, rising emphasis on personalized medicine and a significant expenditure in anti-leukemia therapeutics study are anticipated to unlock the new avenues for the leukemia therapeutics market in the years to come. Additionally, financial support for leukemia therapeutics from the government is also anticipated to boost the growth of the leukemia therapeutics market. The Food and Drug Administration (FDA), for example, gave a green signal to the foremost gene treatment therapy for leukemia, Kymriah, in August 2017, driving the growth of the leukemia therapeutics market.
Dominance In the Leukemia Therapeutics Market To Be Maintained By North America In The Forecast Period
The global leukemia therapeutics market, based on type, has been bifurcated into acute leukemia, chronic leukemia, and others. Further, the acute leukemia segment is been sub-divided into acute lymphatic leukemia and acute myeloid leukemia. Likewise, the chronic leukemia segment is also sub-segmented into chronic lymphatic leukemia and chronic myeloid leukemia. On the basis of therapy, the global leukemia therapeutics market is segmented into chemotherapy, biological therapy, radiation therapy, targeted therapy, and others.
Based on the region, the global leukemia therapeutics market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In the forecast period, North America is projected to remain the governing region for the leukemia therapeutics market. North America, specifically the United States, witnessed the maximum demand for leukemia therapeutics. In addition to this, Asia Pacific is expected to present considerable growth in leukemia therapeutics market in the near future. Furthermore, the Middle East & Africa and Latin America are also projected to witness moderate growth for leukemia therapeutics market in the coming period.
This report segments the global leukemia therapeutics market as follows:
Global Leukemia Therapeutics Market: Type Segment Analysis
Global Leukemia Therapeutics Market: Therapy Segment Analysis
Global Leukemia Therapeutics Market: Regional Segment Analysis
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