Leukemia, a type of cancer that is formed in the blood tissues of the bone marrow, is the eleventh commonest cancer worldwide. Although it occurs mostly in adults, especially men, the condition is common amongst children as well. The increase in patients diagnosed with leukemia, the rise in investments in the healthcare industry, and the need to cater to the early diagnosis and treatment of the condition have encouraged drug companies to develop innovations in the leukemia treatment drugs market.
The study on the Global Leukemia Treatment Drugs Market was conducted to understand its current status and growth opportunities and to analyse the key players and markets. The report measures the current performance of the leukemia treatment drugs market besides assessing the technological advancements taken by key players, the strengths and weaknesses of the markets, and the hurdles crossed by the key players in reaching the top positions. The report is an ideal tool for the competitors to understand the latest developments in the market and to get to know the strategies used by the major market players.
The market segmentation of the Global Leukemia Treatment Drugs Market was done based on the type of product and its application. The type of drugs used for segmentation included Gleevec, Sapacitabine, GA101, Vaasaroxine, Tosedosat, Revlimid, and Bosutinib. By application, the market is segmented into hospitals, research institutes, diagnostic centres and others. The reference data for the study was taken from the period 2014 to 2018, with 2018 as the base year. The study also did a future forecast for the period 2019-2025.
Bristol Myers Squibb Company (BMS)
The report for Global Leukemia Treatment Drugs Market Size, Status and Forecast 2019-2025 also contained data on market segmentation by region. Besides the United States, Europe and China were the main markets used in the study. Japan, Southeast Asia, India, and Central & South America were also used to understand their leukemia treatment drugs market size. The report by regions analyses the growth opportunity of the leukemia treatment drug market, and assesses the developments and future forecasts of the market in each region. The countries in North America dominate the market due to the increased awareness of the condition amongst the people and also because of its increasing occurrence in the region. The Asia-Pacific region is also expected to show a high growth rate during the forecast period of 2019-2025.
The global leukemia treatment drugs market is expected to register a Compound Annual Growth Rate of 5.5% during the forecast period. The recent development in the treatment that cured 14 people suffering from an incurable form of Leukemia called Acute Lymphoblastic Leukaemia (ALL) is an inspiration for many research centres and countries to develop new strategies in the treatment of the condition. The treatment conducted at the Great Ormond Street Hospital in the United Kingdom has left the 14 people, mostly kids, with no trace of the cancer cells after three months of treatment.
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