North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the myeloid blood cancer treatment market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period.
Research Nester released a report titled “Myeloid Blood Cancer Treatment Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global myeloid blood cancer treatment market in terms of market segmentation by treatment type, end-user, and region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The myeloid blood cancer treatment market is projected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 on account of the increasing prevalence of myeloid blood cancer and the rising elderly population on a global scale. As per the American Cancer Society, in 2019, the assessed new cases and number of deaths from leukaemia in U.S. were 61,780 and 22,840, respectively.
The market is segmented by treatment type into chemotherapy, immunotherapy, radiotherapy, targeted therapy, stem cell therapy, and others. Among these segments, the targeted therapy segment is anticipated to hold the largest share by the end of 2021 in the myeloid blood cancer treatment market as a result of the higher positive diagnosis rates of targeted therapy than other available treatments.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the myeloid blood cancer treatment market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of leading healthcare providers in the region, especially in the United States, who are extensively involved in the research and development for innovative cancer treatment procedures.
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Increasing Prevalence of Myeloid Blood Cancer and Rising Elderly Population on a Global Scale to Drive Market Growth
According to the United Nations, it is estimated that by 2050, every one in six people will be 65 years or older, i.e., 16% of the total world population. Along with this, the number of persons above 80 years or older is also projected to triple by the end of 2050.
Age is one of the most predominant risk factors for any kind of blood cancer. It has been observed that individuals whose age is above 65 years or more possess a high risk of having myeloid blood cancer. Additionally, the rising prevalence of myeloid blood cancer in recent years is also expected to boost the market growth in upcoming years. However, the expensive cost of myeloid blood cancer therapies and stringent regulatory policies on drugs in some regions are some of the factors that are estimated to restrain market growth in the near future.
This report also provides the existing competitive scenario of some of the key players of the global myeloid blood cancer treatment market which includes company profiling of Pfizer Inc. (NYSE: PFE), Bristol Myers Squibb (NYSE: BMY), F. Hoffmann-La Roche AG (SWX: RO), Teva Pharmaceuticals (TLV: TEVA), Sanofi (EPA: SAN), AbbVie (NYSE: ABBV), Gilead Sciences (NASDAQ: GILD), Novartis AG (SWX: NOVN), and Amgen, Inc. (NASDAQ: AMGN). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global myeloid blood cancer treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About the DiseaseBlood cancer is also known as a malignancy that tends to affect blood cells, lymphatic, bone marrow, etc.
It adversely impacts the production of the blood cells and also their function.
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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.
