Trends of Acute Lymphocytic/Lymphoblastic Leukemia Therapeutics Market Reviewed for 2019 with Industry Outlook to 2028
Cancer starts when cells in the body begins to grow out of control. Acute lymphocytic is also called as lymphoblastic leukemia, is a blood cancer that starts from the early version of white blood cells in the bone marrow (soft inner part of the bones, where new blood cells are made). The term acute means that leukemia can progress very quickly, and if not treated can be fatal within few months. This incidence is higher in children from 0-14 years than in those aged 15 and above, but may occur in adults also.
Cancer treatments has been improving day by day, through various therapies so as the demand and focusing on the unmet medical needs are the factors driving growth of global acute lymphocytic leukemia therapeutic market. Moreover, prevalence of cancer among the aging population increasing the focus on superiority of quality life, high investment in research and development, more expenditure incurred on healthcare and advancement in pharmacology to promote drug development are factors propelling growth of this market.
Major factors restraining growth of global acute lymphocytic leukemia market are, cost of the therapies is higher, stringent regulatory guidelines, complications relate to chemotherapy and patent expirations of some of the existing drugs in the market.
The global acute lymphocytic/lymphoblastic leukemia therapeutics market report has been segmented on the basis of drug, and region.
North America is the leading market for acute lymphoblastic leukemia therapeutic market owing to the large number of leukemia patients, technological advancement, government initiative in terms of health insurance, investments, and healthcare infrastructure. Europe is second largest market due to introduction of innovative products with no patent expiration. Whereas, Asia Pacific market is expected to grow rapidly due to high unmet needs in the emerging market.
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Global acute lymphocytic/lymphoblastic leukemia therapeutics market segmentation by drug:
- Existing regimens/drugs
- Hyper-CVAD regimen
- CALGB 8811regimen
- Linker Regimen
- Nucleoside metabolic inhibitors (clolar and nelarabine)
- Pipeline drugs (Phase III)
- Inotuzumab ozogamicin
Key players in the global acute lymphocytic/lymphoblastic leukemia therapeutics market report include ERYTECH Pharma, Talon Therapeutic, Inc., Pfizer, Inc., GlaxoSmithKline Plc, Sigma-Tau Pharmaceuticals, Inc., Genzyme Corporation, Amgen, Bristol- Myers Squibb, Novartis, Genmab A/S.