Rituximab to account for 43% of all Intraocular Lymphoma Treatments; Global Market Worth to surpass US$ 1 Billion by 2023-end
The global Market for Intraocular Lymphoma Treatment is expected to be worth US$ 1.2 billion by the year of 2023. The market, which is estimated to be worth US$ 2.3 billion by 2033, will grow at a 6.7% CAGR, according to the market intelligence firm, Future Market Insights. Intraocular lymphomas are uncommon cancers that present with a variety of clinical symptoms. Its diagnosis thus seems to be quite difficult and hence pushing various firms to develop innovative options for better treatment of the disease.
The Intraocular Lymphoma Treatment market refers to the market for therapeutic interventions used to treat intraocular lymphoma, a rare form of lymphoma that primarily affects the eyes. Intraocular lymphoma, also known as primary vitreoretinal lymphoma (PVRL), is a type of non-Hodgkin lymphoma that primarily manifests in the retina, vitreous, and/or optic nerve.
Treatment options for intraocular lymphoma typically involve a combination of chemotherapy, radiation therapy, and/or immunotherapy. The specific treatment approach depends on various factors, including the extent of the disease, patient’s overall health, and individual preferences. As intraocular lymphoma is a rare and complex disease, treatment is often managed by a multidisciplinary team of specialists, including ophthalmologists, hematologists/oncologists, and radiation oncologists.
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The Intraocular Lymphoma Treatment market comprises pharmaceutical companies and medical device manufacturers that develop and market products specifically designed for the diagnosis, management, and treatment of this condition. These products may include chemotherapy drugs, immunotherapy agents, radiation therapy equipment, and diagnostic tools for accurate diagnosis and monitoring of the disease.
The market for Intraocular Lymphoma Treatment is relatively small compared to other types of cancer treatment markets due to the rarity of the condition. However, advancements in medical research and technology have led to improved treatment outcomes and increased awareness about intraocular lymphoma, which may contribute to the growth of this market in the future.
Key Takeaways from the Market Study
- The market for Intraocular Lymphoma Treatment expanded at a CAGR of 5.1% during the historical period of 2018 to 2022.
- The market for Intraocular Lymphoma Treatment is expected to grow steadily from 2023 to 2033, at a 6.7% CAGR.
- With a 43% share of revenue in 2023, Rituximab is predicted to lead the medication type sector.
- The specialty clinic sector by segment of end-user will retain the second-largest segment during the anticipated period, with a 25% worldwide market share in 2023.
- From 2023 to 2033, the North American region is expected to expand at a constant CAGR of 6.9%.
- From 2023 to 2033, the Asia Pacific Intraocular Lymphoma Therapy Market is anticipated to expand at a stable CAGR of 6.1%.
“The increasing incidences of eye-related lymphoma due to aging population and weak immune system is expected to propel the market for intraocular lymphoma during the forecast period.” comments a Future Market Insights analyst.
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Competitive Landscape
Some of the top players in the global intraocular lymphoma disease market are: Celgene Corporation, Genentech Inc., Gossamer Bio Inc., Seagen Inc., National Cancer Institute, Northwestern University, Astex Pharmaceuticals, Novartis AG, F. Hoffmann-La Roche Ltd. and Pfizer Inc. Some of the recent developments in this domain are:
- Celgene Corporation announced in 2019 that the European Medicines Agency’s (EMA) Committee for Human Medicinal Products Use approved REVLIMID® in conjunction with rituximab (anti-CD20 antibody) (R2) for the treatment of adults with previously treated lymphoma (Grade 1-3a).
- A favorable CHMP judgment for this conjunction with rituximab is excellent news for individuals with intraocular lymphoma as REVLIMID has kept demonstrating its advantages across a spectrum of severe blood diseases in Europe.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global Intraocular Lymphoma Treatment market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
Key Segments Covered In The Intraocular Lymphoma Treatment Market Report
By Drug Class:
- Methotrexate
- Rituximab
- Cisplatin
By Mode of Administration:
- Injectable
- Oral
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
By End User:
- Hospitals
- Specialty Clinics
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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