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19-Oct-2023

Blood Cancer Market to Notice Prominent Growth of USD 89.68 Billion By 2029, Size, Share, Trends, Demand And Industry Growth

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Blood Cancer Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.

The Blood Cancer market research report has been meticulously crafted through the systematic collection and evaluation of market data within the Blood Cancer industry. It is designed to elucidate essential facts and figures for businesses, offering a comprehensive analysis of the market and its associated elements. These encompass market drivers, constraints, segmentation, opportunities, challenges, revenue insights, and competitive assessments. This invaluable resource empowers companies to make well-informed decisions in navigating the intricate landscape of their niche market.

Our exceptional team of analysts, experts, statisticians, forecasters, and economists dedicated their rigorous efforts to produce this comprehensive and advanced Blood Cancer market research report. It serves as a pivotal tool in maintaining a competitive edge over rivals. The report delves into market segmentation, categorizing potential customers into distinct groups based on various attributes, including product application, deployment model, end-user profiles, and geographical regions.

Furthermore, the Blood Cancer report provides insights into key players, major collaborations, mergers, acquisitions, and emerging trends in innovation and business strategies. It consolidates precise and reliable market research data, offering businesses a clear roadmap for informed decision-making and strategic direction.

Data Bridge Market Research analyses that the blood cancer market was valued at USD 43.71 billion in 2021 and is expected to reach USD 89.68 billion by 2029, registering a CAGR of 9.40% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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According to a survey by Bristol-Myers Squibb, approximately 1.85 million new cases of blood cancer will be diagnosed worldwide in 2040, with 918,872 cases of lymphoma, 656,345 cases of leukaemia, and 275,047 cases of myeloma. Furthermore, the survey predicted that by 2040, there will be around 1,100,000 fatalities worldwide owing to blood cancer. Cancer that starts in blood-forming tissue, such as bone marrow, or in immune system cells. Leukemia, lymphoma, and multiple myeloma are examples of blood cancers. Hematologic cancer is another name for it. Drugs including bosulif, busulfan, bosutinib and busulfex are used to treat blood cancer.

Key Growth Drivers:

  • Introduction of monoclonal antibodies with safety profile to fight myeloma cells

The expansion of the blood cancer market is fueled by the increasing use of microRNA treatments, the rise of nanomedicine platforms, and the constant introduction of effective and safe therapeutics. With the addition of monoclonal antibodies and histone deacetylase (HDAC) inhibitors to the present therapies array, the medicines market is likely to gain traction. Because of the established clinical profile, clinicians favour biologic therapy with monoclonal antibodies such as darzalex and empliciti.

  • Increasing prevalence of blood cancer

The rising prevalence of blood cancer is estimated to enhance the blood cancer market’s growth rate. Blood cancer is a form of hematological cancer triggered by certain genetic defects. The disease is treated with medications that modify the immune system and assist in improving the efficacy of chemotherapies, radiation therapies, stem cell transplants, and platelet transfusions.

The report outlines the involvement of key players, including:

  1. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd.(Ireland), Sanofi (France), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Bayer AG (Germany), Eli Lilly and Company (U.S.), Merck & Co., Inc. (U.S.), Allergan (Ireland), AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Cipla Inc. (U.S.), Abbott (U.S.), AbbVie Inc. (U.S.), Merck KGaA (Germany), LEO Pharma A/S (Denmark), Bausch Health Companies Inc. (Canada), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma (India), Lupin (India), Hikma Pharmaceuticals PLC (U.K.), Fresenius Kabi AG (Germany), Amneal Pharmaceuticals LLC. (U.S.)

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Key Market Segmentation

Type (Leukaemia, Lymphoma, Myeloma), Treatment (Medication, Radiation Therapy, Stem Cell Transplant, Others), Diagnosis (Blood Tests, Bone Marrow Biopsy, Urine Tests, Imaging Tests), Dosage Forms (Capsule, Tablets, Injections, Others), Route of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Blood Cancer market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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About Data Bridge Market Research, Private Ltd

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.

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Editor Details

  • Company:
    • The Wire Times
Last Updated: 19-Oct-2023