Global Leukemia Therapeutics Market – By Disease Type (Chronic Myeloid Leukemia, Chronic Lymphocytic Leukemia, Acute Lymphocytic Leukemia, and Acute Myeloid Leukemia), By Drug Class (Small Molecules and Biologics), and By Regions (North America, Europe, Asia Pacific, and Rest of the World): Forecast up to 2025

    Published: Jan 2020Report ID: LTHCM062188 Pages
    88
    Pages
    76
    Tables
    46
    Figures
    10
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    Report Summary

    Global Leukemia Therapeutics Market – By Disease Type (Chronic Myeloid

    Leukemia, Chronic Lymphocytic Leukemia, Acute Lymphocytic Leukemia, and

    Acute Myeloid Leukemia), By Drug Class (Small Molecules and Biologics), and By

    Regions (North America, Europe, Asia Pacific, and Rest of the World): Forecast up

    to 2025

    This market research report includes a detailed segmentation of the global

    leukemia therapeutics market by disease type (chronic myeloid leukemia, chronic

    lymphocytic leukemia, acute lymphocytic leukemia, and acute myeloid leukemia), by

    drug class (small molecule and biologics), and by regions (North America, Europe,

    Asia Pacific, and Rest of the World).

    Overview of the Global Leukemia Therapeutics Market Research:

    IHR Insights’s market research report predicts that the global leukemia therapeutics

    market will grow at a CAGR of 6.2% during the forecast period 2019–2025. Leukemia

    refers to the group of blood cancer that usually develops in the bone marrow,

    resulting in the formation of abnormal blood cells. Leukemia is subdivided into

    lymphoblastic or lymphocytic leukemias and myeloid or myelogenous leukemias

    that include acute myeloid leukemia (AML), acute lymphocytic leukemia (ALL),

    chronic lymphocytic leukemia (CLL), and chronic myeloid leukemia (CML).

    The upsurge in the incidence of leukemia cases across the globe, rising elderly

    population, and the advent of innovative therapies are among the factors driving

    the market growth. In the US, an estimated 61,780 people were expected to be

    diagnosed with leukemia in 2019. Approximately 10,670 people died of AML in 2018.

    In Europe, nearly 30,000 people had CLL in 2018. Leukemia was the 8th most

    commonly diagnosed cancer in Australia with 3,905 cases in 2015 and it is estimated

    that leukemia will remain the 8th most commonly diagnosed cancer in 2019.

    However, strict regulatory guidelines, increased cost of the drug, and side effects

    associated with drugs are few of the factors that may prove detrimental to the

    market. Growing investment in R&D for the development of the new drugs,

    promising pipeline, and opportunities in emerging economies are anticipated to

    enhance the revenue of the leukemia therapeutics market in the next five years.

    •Promisingpipelineofleukemiadrugs•OpportunitiesinemergingeconomiesOpportunities

    Risk•Highcostofthedrugs•Strictregulatoryguidelines

    Drivers•Increasing incidence of leukemia cases across the globe•Rising elderly population

    Market dynamics

    Thekeymarketplayersuseproductapprovalasoneofthekeystrategiestostrengthentheirpositioninthemarket.Forinstance,inApril2018,PfizerInc.receivedEuropeanCommissionapprovalforMYLOTARGincombinationwithdaunorubicinandcytarabine,whichisthefirstandonlyAMLtherapyapprovedintheEUthattargetsCD33.CAGR of 6.2%: 2019–2025

    CAGR >7.5%

    The industry generates the majority of the revenue from the key players operating

    in this field; few of them include Novartis AG, F-Hoffmann-La Roche Ltd., Pfizer Inc.,

    Sanofi S.A., Bristol–Myers Squibb Company, and AbbVie Inc.

    According to the IHR Insights analysis, North America accounted for the

    largest share of the global leukemia therapeutics market in 2018 and will retain a

    high position during the forecast period. North America is followed by Europe with a

    share of more than 25% of the global market in 2018.

    By Disease Type:

     Chronic Myeloid Leukemia (CML)

     Chronic Lymphocytic Leukemia (CLL)

     Acute Lymphocytic Leukemia (ALL)

     Acute Myeloid Leukemia (AML)

    In 2018, the chronic myeloid leukemia segment accounted for the largest share and

    is expected to grow at a mid-single-digit CAGR by 2025. The high prevalence rate of

    CML and the availability of a huge number of treatment choices make the segment

    the largest shareholder in the global leukemia therapeutics market.

    By Molecule Type:

     Small Molecules

     Biologics

    Based on the molecule type analysis, the small molecules segment dominated the

    market in 2018 with a share of over 75% and is expected to maintain this position

    throughout the forecast period. Biologics is expected to grow at a high CAGR during

    the forecast period 2019–2025.

    By Regions:

     North America

     Europe

     Asia Pacific

     Rest of the World

    Based on geography, North America dominated the market in 2018 with a share of

    over 40% and is expected to grow at mid-single-digit CAGR during the forecast

    period 2019–2025. The high incidence and prevalence rate of the disease, increasing

    awareness on personalized medicine, and the existence of reputed players

    extensively involved in the commercialization of branded therapeutics make the

    region a dominant shareholder in the global leukemia therapeutics market. Asia

    Pacific is projected to grow at a high CAGR during the forecast period 2019–2025.

    Global Leukemia Therapeutics Market Research Competitive Analysis: The

    market is growing at a steady rate with a CAGR of 6.2% during the forecast period

    2019–2025. There are many new drug launches, approval, development, and

    funding related to leukemia drugs owing to the increased patient base across the

    globe. For instance, in 2019, Ivosidenib (TIBSOVO) developed by Agios

    Pharmaceuticals, Inc. was approved by the FDA for the treatment of AML in older

    patients with a susceptible IDH1 mutation who have comorbidities that preclude the

    use of intensive induction chemotherapy. Astellas Pharma received FDA approval

    for gilteritinib, in November 2018, the first-ever inhibitor drug explicitly approved for

    treating patients with relapsed or refractory AML with a mutation in the FLT3 gene.

    FDA granted a supplemental approval to acalabrutinib (Calquence) developed by

    AstraZeneca to treat CLL or SLL in December 2019.

    There is an increasing collaboration to develop novel leukemia therapeutics. For

    instance, MD Anderson Cancer Center and Ascentage Pharma entered into a five-

    year collaboration that aims to accelerate clinical development of novel apoptosis-

    targeted and tyrosine kinase inhibitor drug candidates for leukemia treatment.

    Key Vendors:

     Novartis AG

     F-Hoffmann-La Roche Ltd.

     Pfizer Inc.

     Sanofi S.A.

     Bristol–Myers Squibb Company

     AbbVie Inc.

     Amgen Inc.

     Takeda Pharmaceutical Company Limited

     Gilead Science Inc.

     GlaxoSmithKline

     Eisai Co. Ltd.

     Biogen Inc.

    Key Competitive Facts:

     The pipeline of oncology drugs in the clinical development has expanded by

    45% over the past 10 years; 87% of the late-stage pipeline is targeted

    therapies, which include small molecule protein kinase inhibitors and biologic

    monoclonal antibodies.

     Jazz Pharmaceuticals plc received European Commission approval for its

    marketing authorization application for Vyxeos in August 2018 for the

    treatment of newly diagnosed AML with myelodysplasia-related changes in

    adult patients or therapy-related acute myeloid leukemia.

    Benefits – The report provides complete details about the sub-segment of the

    global leukemia therapeutics market. Thus, the key stakeholders can know about

    the major trends, drivers, investments, vertical player’s initiatives, and government

    initiatives toward the pharmaceutical segment in the upcoming years, along with

    details of the pureplay companies entering the market. Moreover, the report

    provides details about the major challenges that are going to impact the market

    growth. Additionally, the report gives complete details about the key business

    opportunities to key stakeholders in order to expand their business and capture the

    revenue in specific verticals, and to analyze before investing or expanding the

    business in this market.

    Key Takeaways:

     Understanding the potential market opportunity with precise market size and

    forecast data.

     Detailed market analysis focusing on the growth of the leukemia therapeutics

    industry.

     Factors influencing the growth of the leukemia therapeutics market.

     In-depth competitive analysis of dominant and pure-play vendors.

     Prediction analysis of the leukemia therapeutics industry in both developed

    and developing regions.

     Key insights related to major segments of the leukemia therapeutics market.

     Latest market trend analysis impacting the buying

    Key Questions Answered in This Report

    • What are the key market trends and growth drivers?
    • Who are the major players and what are their market strategies?
    • What is the market size and forecast for the coming years?
    • What are the regional market dynamics and opportunities?

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    Category:Healthcare
    Industry:Healthcare
    Published:Jan 2020
    Pages:88