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Leukemia Therapeutics Market

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raksha

Author:

Raksha Sharma

Vineet

Fact-checked by:

Vineet Pandey

Shreyas

Editor:

Shreyas Tandon

Global Leukemia Therapeutics Market Outlook 2031:

The global leukemia therapeutics market  size was valued at USD 14.99 Billion in 2022 and is projected to reach USD 27.10 Billion by 2031, expanding at a CAGR of 6.8% during the forecast period 2023 - 2031. The growth of the market is attributed to the high number of leukemia cases across the world, increasing awareness of the disease, and available of advanced treatment methods.

Leukemia refers to a type of blood cancer which occurs because of the mutation in the genes, which are responsible for the white blood cell (WBCs) development. The change in the WBC structure due to the mutation leads to development of abnormal WBCs in bone marrow and results in leukemia.

Leukemia Therapeutics Market Outlook

Some of the common risk factors responsible for the leukemia are blood disorders, smoking, history of leukemia in family, radiation exposure or exposure to chemicals, and genetic disorders (Down syndrome). The leukemia can occur to any age group person from child to old age.

As per the American Cancer Society, nearly 61,780 people were diagnosed with leukemia in US in 2019. Out of which approximately 21,450 cases were recorded of acute myeloid leukemia (AML). As pert the statistics published by the World Health Organization (WHO), leukemia is the highly prevalent type of blood cancer in males with about 0.0148% men and 0.009% women globally.


The COVID-19 pandemic has impacted the market in both positive and negative manner. As the outbreak of COVID-19 resulted into lockdowns and travel restrictions caused healthcare to face imbalance in demand and supply of products. The restriction impacted the supply chain of the non-COVID hospitals while the outbreak caused high revenue of COVID-19 related hospitals and products.

Leukemia Therapeutics Market Trends, Drivers, Restraints, and Opportunities

  • Rising number of biotechnology organizations, novelty in drug discovery, and inclining funding on the R&D activities are boosting the leukemia therapeutics market growth in the coming future.
  • Introduction of innovative therapies with high efficiency, reduced side effects, and strong pipeline of products are propelling the market growth at considerable pace.
  • Rising awareness among a large number of the global population about the technological advancements in therapies and advantages such as safety & efficacy, tolerability, are fueling the leukemia therapeutics  market expansion during the forecast period.
  • Side effects and adverse effects of the treatment are major restraining factors that can hinder the leukemia therapeutics market growth in the coming future.
  • High prevalence of the disease and government initiatives for reimbursement policies are offering huge opportunities for the leukemia therapeutics market growth in the coming years.

Scope of Leukemia Therapeutics Market Report

The report on the global leukemia therapeutics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Leukemia Therapeutics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 – 2021

Forecast Period

2023 – 2031

Segmentation

Disease Conditions (Chronic Lymphatic Leukemia, Acute Lymphatic Leukemia, Chronic Myeloid Leukemia, and Acute Myeloid Leukemia), Diagnosis (CT Scan, Biopsy, and MRI), Treatments (Chemotherapy, Radiation Therapy, Immunotherapy, Surgery, Targeted Therapy, Bone Marrow Transplant, and Stem Cell Therapy), and Drugs (Gleevec, Sapacitabine, GA101, Vasaroxine, Tosedosat, Revlimid, Bosutinib, Vidaza, Graspa, Marqibo, Dacogen, and Omapro)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

GSK; Pfizer; Novartis AG; Roche; Celgene; Biogen; Genzyme Corporation; Eisai C.; Bristol Myers Squibb Company

Leukemia Therapeutics Market Segment Insights

Chronic myeloid segment is expected to grow at a rapid pace

Based on disease conditions, the global leukemia therapeutics market is divided into chronic myeloid leukemia, acute lymphatic leukemia, chronic lymphatic leukemia, and acute myeloid leukemia. The chronic myeloid segment is expected to grow at a rapid pace during the projected period owing to great prevalence, fast uptake of tyrosine kinase inhibitors, and increased drug rates. Moreover, the high awareness and R&D activities on the disease are driving the market segment growth during the forecast period.

CT scan segment is projected to expand at a considerable CAGR

On the basis of diagnosis, the market is segregated into CT scan, biopsy, and MRI. The CT scan segment is projected to expand at a considerable CAGR during the forecast period. This is attributed to the factors of high demand of the CT scan as well as highly effective and quick results. The COVID-19 outbreak also boosted the CT scan segment as the demand for CT scan was tremendously increased during the pandemic.

The Biopsy segment, however, is projected to register a substantial growth rate in the coming years as it is a new technique and produce perfect results.  Physicians are also recommending the diagnostics test for cancer detection.

Leukemia Therapeutics Market Diagnosis

Chemotherapy segment is anticipated to propel at a significant growth rate

Based on treatments, the global leukemia therapeutics market is classified into chemotherapy, radiation therapy, immunotherapy, surgery, targeted therapy, bone marrow transplant, and stem cell therapy.

The chemotherapy segment is anticipated to propel at a significant growth rate owing to the wide acceptance of the treatment by the most number of countries around the world. The treatment is effective and is the choice of treatment for the cancer patient.

Leukemia Therapeutics Market Treatments

The bone marrow transplant and stem cell therapy are the two fast-growing segments and are anticipated to account for a considerable market share during the projected period owing to the high effectiveness of these therapies. This treatment technique is often used as a last option for the patient when other treatments fail to show any improvement.

Gleevec segment is estimated to grow at a substantial rate

Based on drugs, the market is divided into Bosutinib, Gleevec, Sapacitabine, Vidaza, GA101, Vasaroxine, Revlimid, Graspa, Marqibo, Tosedosat, Dacogen, and Omapro. The Gleevec segment is estimated to grow at a substantial rate in the coming years as the drug shows less side-effects as well as produces good results. Moreover, the drugs are widely recommended by majority of the physicians.

North America is anticipated to constitute a key market share

In terms of regions, the global leukemia therapeutics market share is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key market share during the forecast period owing to the technological advancement, rising patient awareness, favorable government programs, and investments in the region.

Furthermore, the availability of well-developed healthcare facilities in the region present another key driver of the market development in the region. The market of Europe, however, is expected to hold a large market share during the projected period as the region is witnessing high number of new product development such as Arragon, Sprycel, Tasigna, and Clolar.

The Asia Pacific market, on the other hand, is expected to register a high CAGR during the forecast period as the region has high number of the targeted patients. Additionally, rising government interest for disease control and treatment along with great investments from major market players is boosting the market of the region.

Leukemia Therapeutics Market Region

Segments

The global leukemia treatment market has been segmented on the basis of

Disease Conditions

  • Chronic Lymphatic Leukemia
  • Acute Lymphatic Leukemia
  • Chronic Myeloid Leukemia
  • Acute Myeloid Leukemia

Diagnosis

  • CT scan
  • Biopsy
  • MRI

Treatments

  • Chemotherapy
  • Radiation Therapy
  • Immunotherapy
  • Surgery
  • Targeted Therapy
  • Bone Marrow Transplant
  • Stem Cell Therapy

Drugs

  • Gleevec
  • Sapacitabine
  • GA101
  • Vasaroxine
  • Tosedosat
  • Revlimid
  • Bosutinib
  • Vidaza
  • Graspa
  • Marqibo
  • Dacogen
  • Omapro

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Novartis AG
  • GSK
  • Pfizer
  • Roche
  • Celgene
  • Genzyme Corporation
  • Biogen
  • Eisai C.
  • Bristol Myers Squibb Company

Competitive Landscape

The key market players competing in the global leukemia treatment market are Novartis AG; GSK; Pfizer; Roche; Celgene; Genzyme Corporation; Biogen; Eisai C.; and Bristol Myers Squibb Company.

Some of these players have adopted numerous market development strategies such as product launching, production capacity expansion, and entering into collaboration and partnership to enhance their market position globally.

Leukemia Therapeutics Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leukemia Therapeutics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Leukemia Therapeutics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Leukemia Therapeutics Market - Supply Chain
  4.5. Global Leukemia Therapeutics Market Forecast
     4.5.1. Leukemia Therapeutics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Leukemia Therapeutics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Leukemia Therapeutics Market Absolute $ Opportunity
5. Global Leukemia Therapeutics Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Leukemia Therapeutics Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Leukemia Therapeutics Demand Share Forecast, 2019-2026
6. North America Leukemia Therapeutics Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Leukemia Therapeutics Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Leukemia Therapeutics Demand Share Forecast, 2019-2026
7. Latin America Leukemia Therapeutics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Leukemia Therapeutics Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Leukemia Therapeutics Demand Share Forecast, 2019-2026
8. Europe Leukemia Therapeutics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Leukemia Therapeutics Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Leukemia Therapeutics Demand Share Forecast, 2019-2026
9. Asia Pacific Leukemia Therapeutics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Leukemia Therapeutics Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Leukemia Therapeutics Demand Share Forecast, 2019-2026
10. Middle East & Africa Leukemia Therapeutics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Leukemia Therapeutics Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Leukemia Therapeutics Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Leukemia Therapeutics Market: Market Share Analysis
  11.2. Leukemia Therapeutics Distributors and Customers
  11.3. Leukemia Therapeutics Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Novartis AG
     11.4.2. GSK
     11.4.3. Pfizer
     11.4.4. Roche
     11.4.5. Celgene
     11.4.6. Genzyme Corporation
     11.4.7. Biogen
     11.4.8. Eisai C.

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