The global chronic lymphocytic leukemia treatment market was valued US$ 12.53 Bn in 2019 and is expected to reach 19.28 Bn by 2027, at a CAGR of 9.8 % during a forecast period.
Global Chronic Lymphocytic Leukemia Treatment Market
Global Chronic Lymphocytic Leukemia Treatment Market
Global Chronic Lymphocytic Leukemia Treatment Market Definition:
Chronic lymphocytic leukemia, commonly observed in adults, is a type of cancer that affects a type of white blood cell called a lymphocyte. Chronic Lymphocytic leukemia is the result of various genetic mutations in the DNA of cells that produce blood. The lymphocytic leukemia cells are majorly found in the lymph nodes and other tissues. There are two types of chronic lymphocytic leukemia, one of which grows slowly, while the other type is fatal. Usually, chronic lymphocytic leukemia does not cause any indication for a long time. Commonly observed symptoms are fatigue, swollen lymph nodes, and easy bruising. Generally, the primary preferred method of treatment is chemotherapy. Stem-cell transplant is considered as the most preferred method in extremely rare case to treat leukemia across the globe. As per the article published by Apollo Hospitals, an estimated one million cases of chronic lymphocytic leukemia are diagnosed in India every year. Cancer statistics states that, in England, 1 in every 155 men and 1 in every 260 women are affected with chronic lymphocytic leukemia in their lifetime.
Global Chronic Lymphocytic Leukemia Treatment Market Snapshot
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Global Chronic Lymphocytic Leukemia Treatment Market Dynamics:
Growing awareness about the treatment methods, innovative drug therapy, fast regulatory approval process, and presence of drug alternatives in the market for the treatment is considered as major factors driving the market growth. Further, expanding research & development activities, technological advancements, and initiatives taken by government and pharmaceutical companies related to the treatment are expected to push the growth of the market during the forecasted year.
However, low accessibility of treatment in developing countries, the lack of knowledge to recognise symptoms at an early stage, and the popularity of the generic product are expected to hamper the global CLL treatment market.
Global Chronic Lymphocytic Leukemia Treatment Market Segment analysis:
Base on the type of treatment segment, targeted drug therapy is expected to dominate the therapeutics market in the coming years. Targeted drug therapy is the most popular method than other because of its targeted drugs therapy at specific gene and protein that are involved in the growth of cancer cell without affecting normal cells making this method of treatment widely accepted by the numerous end-users and patient across the globe. Surgical demand is on another level, boosting the targeted drug therapy demand will help this market to grow.
It is the most widely used method of treatment owing to their fewer side effects, higher efficacy, and success rate as compared to chemotherapy result of these factors, their sales have increased in recent years. For instance, the first FDA-approved immunotherapy for ALL by Novartis registered sales of USD 76 Mn in 2019. Similarly, the sales for BLINCYTO by Amgen indicated for ALL increased by 38% in the base year expected to show significant growth in the coming years.
Drug Combo Heralds Major Shift in Chronic Lymphocytic Leukemia Treatment:
New leukemia drug is more effective and easier to use, on January 11, 2019, the document released by landmark study co-authored by a Loyola medicine oncologist has found that a newer targeted drug is significantly more effective than standard therapy for treating elderly patients with chronic lymphocytic leukemia.
The drug, ibrutinib, attacks cancer cells without damaging normal cells, thus causing fewer side effects. The drug is taken as a pill once a day much more convenient than the standard treatment necessitating the patient to come three times a month for infusions and injection. This research generates numerous opportunities for present market vendors.
Global Chronic Lymphocytic Leukemia Treatment Market Regional Analysis:
Regionally, North America is expected to dominate Huntington's disease treatment market and is predicted to show steady growth during the forecasted period. change is life-style is the main region to boost the number of patient in this region. The mounting research and development activities in the region are projected to run the innovation of highly effective and improved drugs for the treatment of CLL. Developed pharmaceutical infrastructure and technology in this region will boost the market growth by 2020-2027. Leading growth factors are considered as the development of new drugs in the region, primarily in the United States. Additionally, ongoing research and development activities along with new trails of drugs expected to remain the hindering factor for the market growth in this region.
On the other hand, Europe from developed nations is expected to show substantial market growth owing to their economic stability. Result of this, Europe is estimated to hold the second-largest share in the market owing to the growth in adult population along with rising research and development activities aiming at chronic lymphocytic leukemia treatment disease in the region.
The objective of the report is to present a comprehensive analysis of the Global Chronic Lymphocytic Leukemia Treatment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Global Chronic Lymphocytic Leukemia Treatment Market New Advancement:
Most recently, Calquence (acalabrutinib), a type of BTK inhibitor, was introduced into the field following a November 2019 approval from the Food and Drug Administration (FDA) to treat adult patients with CLL of small lymphocytic leukemia.
The report also helps in understanding Global Chronic Lymphocytic Leukemia Treatment Market dynamics, structure by analysing the market segments and projects the Global Chronic Lymphocytic Leukemia Treatment Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Chronic Lymphocytic Leukemia Treatment Market make the report investor’s guide.
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Global Chronic Lymphocytic Leukemia Treatment Market Scope
Global Chronic Lymphocytic Leukemia Treatment market, by Type
• Aggressive CLL
• Indolent CLL
Global Chronic Lymphocytic Leukemia Treatment market, by Treatment
• Targeted Drug Therapy
• Chemotherapy
• Bone Marrow Transplant
• Immunotherapy
Global Chronic Lymphocytic Leukemia Treatment market, by End-Users
• Hospital
• Diagnostic Laboratories
• Research Institutes
• Others
Global Chronic Lymphocytic Leukemia Treatment market, by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Global Chronic Lymphocytic Leukemia Treatment market Key Players
• Xeme Biopharma Ziopharma Oncology
• Ono pharmaceuticals Co. Ltd
• Hoffmann-La Roche Ltd
• Johnson and Johnson
• AbbVie Company
• Gilead Sciences
• Novartis
• ZIOPHARM Oncology
• TG Therapeutics
• Regeneron
• Ono Pharmaceutical
• Arno Therapeutics
• Genzyme Corporation
• Novartis AG
• Roche
• Teva
• Allergan
• AstraZeneca
• Pfizer Inc.
• Merck KGaA
• Clovis Oncology
• GlaxoSmithKline plc
• Exelixis, Inc.
• MorphoSys AG
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