Global Myeloid Leukemia Treatment Market – Industry Trends and Forecast to 2030

1. Global Myeloid Leukemia Treatment Market – Industry Trends and Forecast to 2030 Myeloid Leukemia Treatment Market Analysis and Size Myeloid leukemia (AML) treatment is constantly emerging to cope with the increase in blood cancer cases. Among the several types of leukemia, acute lymphoblastic leukemia (ALL) is often observed in children and young adults, primarily in the age group of 2 to 5 years old; though, myeloid leukemia treatment (AML) is more frequently seen in adults. Leukaemia incidences vary among patients of varied sexes, ages and races and these disparities are associated mainly with levels of environmental exposure as also genetic factors. COVID-19 also had a major impact on the market growth. https://www.databridgemarketresearch.com/reports/global-myeloid-leukemia-treatment-market Data Bridge Market Research analyses a growth rate in the myeloid leukemia treatment market in the forecast period 2023-2030. The market is expected to reach USD 34.30 billion by 2030, which is USD 16 billion in 2022, and is expected to undergo a CAGR of 10% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

2. Report Description https://www.databridgemarketresearch.com/reports/global-myeloid-leukemia-treatment-market Market Definition Myeloid leukemia is a kind of cancer of that affects blood and bone marrow. Growing diagnoses of myeloid leukemia which is caused because of exposure to carcinogens which are present everywhere, is leading to increased number of leukemia patients. Symptoms include easy bruising, breathlessness, fatigue, and bleeding. Higher risk factors such as carcinogens, bold disorders, and genetics increase the market expansion. Myeloid Leukemia Treatment Market Dynamics Drivers Huge Incidence of Myeloid Leukemia There were around 61,780 new cases of leukemia and 22,840 mortalities in the U.S. in the year 2019. The number of myeloid leukemia treatment cases was expected at 21,450, in which adults held a major portion of the patient population. The growing incidence and increased death rate in the U.S. and other countries are building the way for increased uptake of associated therapies. It has been witnessed that 44% of acute myeloid leukaemia cases in the U.K. are in females, and 56% are in males. This factor boosts the market growth. Increase in Elderly Population The elderly population is anticipated to increase the patient population worldwide, which boots the market in the forecast period 2023-2030. As per the records of the WHO, the global elderly population is anticipated to reach about 2 billion by 2050 from 617 million in 2015. The possibility of getting infected with several types of cancer also rises in this population. This factor will incease the demand of the treatment processes. This boost the market growth.

3. Market Overview Restraints/Challenges High Cost of Treatment The increased expenditure of the treatment methods impede the market growth. Cost is a major factors that impacts the selection of treatment. Therefore, the high cost of myeloid leukemia treatment drugs is projected to hinder the growth of the market. Additionally, in an article published by American Society of Clinical Oncology Journal in 2020, the total annualized costs for CML was around US$ 82,054, more than those for hematologic malignancies (HEM) US$ 74,993 in the U.S. Thus, this factor hampers the market growth. This myeloid leukemia treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the myeloid leukemia treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. Recent Developments In 2022, the US FDA granted the company orphan drug designation for its pipeline compound OM-301 designated for the treatment of myeloid leukemia treatment (AML). It is developed by Oncolyze Inc. In 2021, the European Commission granted Orphan Drug Designation to SNDX-5613. It is a highly selective oral menin inhibitor for treating patients suffering from myeloid leukemia treatment (AML). It is developed by Syndax Pharmaceuticals Inc.

4. Key Players • Key players operating in the myeloid leukemia treatment market include: • F. Hoffmann-La Roche Ltd. (Switzerland) • Mylan N.V. (U.S.) • Teva Pharmaceutical Industries Ltd. (Israel) • Sanofi (France) • Pfizer Inc. (U.S.) • GSK plc (U.K.) • Novartis AG (Switzerland) • Bayer AG (Germany) • Merck & Co., Inc. (U.S.) • Cipla Inc. (U.S. • Abbott (U.S.) • AbbVie Inc. (U.S.) • Sun Pharmaceutical Industries Ltd. (India) • Aurobindo Pharma (India) • Lupin (India)

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