Pune, India -- (SBWire) -- 04/12/2018 --Global Leukemia Therapeutics Market accounted for USD 10.2 billion in 2017 and is projected to grow at a CAGR of 5.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Competitors:
Some of the major players in global leukemia therapeutics market are Ambit Biosciences Corporation, Takeda Pharmaceutical Company Limited, Biogen, Bristol-Myers Squibb Company, Celgene Corporation, Cephalon, Inc., Clavis Pharma ASA, Eisai Co., Ltd., Erytech Pharma, Genmab A/S, Genzyme Corporation, GlaxoSmithKline plc, Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd, Sunesis Pharmaceuticals, Inc., Talon Therapeutics Inc, Anatomics Pty. Ltd. and Medical Vision Australia Holdings among others.
Major Market Drivers and Restraints:
- Advent of latest technologies for leukemia
- Increasing development for new drugs
- Rising awareness among patients
- High costing involved for the development of new therapeutics
- Adverse events of treatment
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Global Leukemia Therapeutics Market Definition:
This market report defines the market trends and forecast the upcoming opportunities and threats of the leukemia therapeutics market in the next 8 years. Leukemia is a type of cancer of the blood or bone marrow. It can be either acute or chronic. Leukemia can be acute or chronic on the basis of metastatic growth. The death risk due to leukemia is increasing at the high rate. For instance, according to National Cancer Institute, it has been estimated that in 2014, death rates were about 13.7% per 1000,000 men and women every year.
Furthermore, according to National Cancer Institute, it has been estimated that about 387,728 people are suffering from leukemia in the United States.Leukemia therapeutic is the process of diagnosis and treatment of leukemia through various procedures such as chemotherapy, radiation therapy, immunotherapy, surgery among others. Many companies are involved in discovering the drugs and treatment related to leukemia therapeutics some of them are Leukemia Therapeutics, LLC, (U.S.), Bristol-Myers Squibb Company (U.S.) among others. Various developments, mergers & acquisition and other growth strategies took place in the field of leukemia therapeutics such as in August 2017, Bristol-Myers Squibb acquired IFM Therapeutics in order to fortify its oncology product line and in December 2014, Genmab conducted a seminar for the cancer therapeutics to spread the awareness regarding increasing rate of leukemia.
Leukemia Therapeutics Market Segmentation:
- The global leukemia therapeutics market is segmented based on disease type, treatment, stages and geographical segments.
- Based on disease type, the global leukemia therapeutics market is segmented into chronic lymphatic leukemia, acute lymphatic leukemia and others. The acute lymphatic leukemia segment is sub segmented into acute lymphatic leukemia and acute myeloid leukemia. The chronic leukemia segment is sub segmented into chronic lymphatic leukemia and chronic myeloid leukemia.
- On the basis of treatment, the global leukemia therapeutics market is segmented into chemotherapy, radiation therapy, immunotherapy, surgery, targeted therapy, bone marrow transplant, biological therapy and stem cell therapy.
- On the basis of stages, the global leukemia therapeutics market is segmented into acute lymphocytic leukemia, acute myeloid leukemia and chronic myelogenous leukemia.
- Based on geography, the global leukemia therapeutics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Leukemia Therapeutics Industry Analysis by Worldwide Market Size Till 2025, Top Key Vendors, Growth Rate, Drivers & Forecast- 2018 Report
The global leukemia therapeutics market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.