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Multiple Myeloma Drugs Market 2015 Share, Scope, Trends and Forecast to 2019

Global Multiple Myeloma Drugs market to grow at a CAGR of 8.50 percent over the period 2014-2019.


Deerfield Beach, FL -- (SBWIRE) -- 07/17/2015 -- Global Multiple Myeloma Drugs Market 2015-2019

Multiple myeloma is a common cancer that affects the plasma cells, a type of white blood cell. It begins in the plasma cells of bone marrow. The primary function of the plasma cells is to combat infections by producing antibodies, which attack germs after recognizing them. In multiple myeloma these plasma cells become malignant, it causes the production of a defective protein, which grows uncontrollably. This protein moves into the bones and cause tumors. Myeloma occurs when the malignant cells form a tumor. According to the Multiple Myeloma Research Foundation, the disease has been classified into six distinct stages: Pain in bone, vulnerability to infections, increased restlessness, kidney and urination ailments, fatigue, increase in thirst, loss of appetite and loss in weight. The disease can be diagnosed by a series of tests. The initial evaluation consists of a blood test, urine test and a bone marrow biopsy. X-ray, MRI scan, CT- scan and PET scan are other tests to diagnose multiple myeloma. Genomic testing is also carried out to confirm the presence of multiple myeloma in the suspected patients.

Global Multiple Myeloma Drugs market to grow at a CAGR of 8.50 percent over the period 2014-2019.

One of the major trends being witnessed in this market is increased awareness about multiple myeloma among the medical fraternity, patients, and the families of patients, which enhances the number of treatment-seeking patients, which results in an increase in the overall consumption of medicines. The Global Multiple Myeloma Drugs market is expected to grow at a CAGR of 8.50 percent during the period 2014-2019.

Multiple myeloma is characterized by the malignancy of plasma cells, a type of white blood cells. Malignant plasma cells undergo overproduction of a defective protein, which accumulates in the bone marrow forming multiple tumors. This leads to a weakened immune system and causes kidney and bone problems and anemia.

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"The primary idea behind sequential therapy is to reduce the toxic effect of combination therapy,".

"Clinical trials are ongoing to obtain more knowledge about the safety and efficacy parameters of the sequential treatment."

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Multiple Myeloma Drugs market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of various generic and branded therapies used in the treatment of multiple myeloma.

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The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors in the Global Multiple Myeloma Drugs market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

To define the market conditions in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.