Showing posts with label Hematological Malignancies Market. Show all posts
Showing posts with label Hematological Malignancies Market. Show all posts

Thursday, 29 June 2017

Hematological Malignancies Market to 2024: Trends, Business Strategies and Opportunities with Key Players Analysis

The global hematological malignancies market is highly competitive in nature and is characterized by a consolidated nature, owing to the presence of a few players holding a large share of the overall market, states a research study by Transparency Market Research. The leading players operating in the global market, including Roche, Celgene, Novartis, and AbbVie are anticipated to remain dominant throughout the forecast period. In order to maintain their position and sustain in the competitive environment, the global market for hematological malignancies, these players are projected to focus on the expansion of the distributing on channels and network across the globe. In addition, the rising number of mergers and acquisitions are projected to benefit the market players in enhancing their presence across the globe. Furthermore, the emergence of new drugs and therapeutics for hematological malignancies is another major factor expected to accelerate the growth of the market in the near future.
According to the research study by Transparency Market Research, in 2015, the global market for hematological malignancies was worth US$27.4 bn. The market is estimated to register a healthy 7.50% CAGR between 2016 and 2024, reaching a value of US$51.9 bn by the end of 2024.
This 152 page report gives readers a comprehensive overview of the hematological malignancies market. Browse through 24 data tables and 60 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/hematological-malignancies-market.html
Availability of Advanced Therapeutics to Bolster North America Market
In the last few years, North America is anticipated to witness a strong growth throughout the forecast period. This region is likely to account for a lion’s share of the global market, owing to the increasing prevalence of hematological cancer. In addition, the easy availability of advanced therapeutics and the increasing awareness among consumers regarding hematological malignancies are anticipated to supplement the growth of the market in the next few years. Furthermore, Asia Pacific is likely to grow at a substantial pace throughout the forecast period. The Middle East and Africa and Latin America are projected to offer lucrative opportunities for key players operating in the hematological malignancies market across the globe.
On the basis of therapy, the global market for hematological malignancies has been categorized into targeted therapy, chemotherapy, and immunotherapy. In 2015, the immunotherapy segment led the global market, accounting for a major share. As per the research study, this segment is expected to remain in the leading position throughout the forecast period and register a healthy growth. The high preference of patients towards immunotherapy, due to its efficiency and low risks of side effects are predicted to supplement the growth of this segment in the next few years. Chemotherapy and targeted therapy segments are anticipated to witness a steady growth in the near future.
Increasing Lifestyle Disorders to Augment Global Hematological Malignancies Market
Request a sample of this report to know what opportunities will emerge in the rapidly evolving hematological malignancies market during 2016 - 2024: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4580
A tremendous rise in the number of lifestyle-related disorders owing to the unhealthy and sedentary lifestyle of people across the globe is considered as the major factor anticipated to encourage the growth of the market of the market in the next few years. The rising number of cases of hematological malignances and the availability of effective therapeutics are anticipated to accelerate the growth of the global market in the forecast period. The development of the healthcare sector in several developing economies and the introduction of new drugs and treatments available in the global market are likely to contribute towards the market’s growth in the next few years.
However, the lack of favorable reimbursement policies and the high costs of drugs and therapeutics are anticipated to restrict the growth of the global hematological malignancies market over the forecast period. Nonetheless, the rising focus on research and development activities is predicted to generate promising and lucrative growth opportunities for the players operating in the global hematological malignancies market in the near future.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Hematological Malignancies Market (Disease Condition - Leukemia, Lymphoma, and Myeloma; Therapy - Chemotherapy, Immunotherapy, and Targeted Therapy; Distribution Channel - Hospital Pharmacies, Medical Stores, and E-commerce Platform) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Tuesday, 14 February 2017

Hematological Malignancies Market to 2024: Trends, Business Strategies and Opportunities with Key Players Analysis

Global Hematological Malignancies Market: Snapshot
Hematological malignancies, commonly known as hematological cancer, is registering a widespread prevalence across the world. According to the National Cancer Institute, hematological cancer is the fifth most commonly occurring cancer, globally, and is the second prominent reason behind the cancer death in the U.S. Researchers expect the incidence of hematological malignancies to increase further in the coming years, which will result in the growing need for its treatment, impacting the global hematological malignancies market greatly.
The opportunity in the worldwide market for hematological malignancies, which stood at US$27.4 bn in 2015, is likely to expand at a CAGR of 7.50% during the period from 2016 to 2024 and reach a value of US$51.9 bn by 2024.
The rich product pipeline and the improvement in the reimbursement scenario are likely to drive the growth of the market for hematological malignancies treatment, worldwide, in the near future. Moreover, the rising trend of patent protection is also expected to boost this market considerably in the coming years.
Demand for Immunotherapy to Remain Strong
Immunotherapy, chemotherapy, and targeted therapy are the three most common treatment methods for hematological malignancies. Among these, immunotherapy led the demand in 2015 with a share of 41.3% in the overall market. The efficiency of immunotherapy, coupled with a lower risk of side effects, has influenced its demand considerably over the last few years.
Going forward, blockbuster drugs, such as Pomalyst, Rituxan, and Revlimid, are impacting the demand for immunotherapy positively and are expected to continue doing do throughout the forecast period, leading to a substantial rise in the immunotherapy segment. Targeted therapy is also anticipated to exhibit promising growth in the near future on account of the massive investments made for the development of targeted therapy products.
Presence of Advanced Healthcare Infrastructure to Ensure Dominance of North America
The worldwide market for hematological malignancies stretches across Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. Supported by the presence of an advanced medical and healthcare infrastructure, North America market for hematological malignancies has been leading the overall market. The growing prevalence of hematological cancer, the rising awareness level of people, and the availability of modern diagnostic technologies are expected to reflect positively on the demand for hematological malignancies therapeutics in the coming years, ensuring the dominance of this regional market.
Apart from this, Asia Pacific is also projected to experience steady growth in the demand for hematological malignancies therapeutics over the next few years. The increasing incidence of blood cancer-related mutation diagnostic cases, rising count of government-supported healthcare programs, and the imminent launch of novel drugs is expected to boost the Asia Pacific market for hematological malignancies during the forecast period. Latin America and the Middle East and Africa are anticipated to offer lucrative growth prospects to market players in the years to come due to the availability of untapped opportunities in abundance.
AbbVie Inc., Bristol-Myers Squibb Co., Celgene Corp., F. Hoffmann-La Roche Ltd., GlaxoSmithKline Plc., Johnson & Johnson, Novartis AG, Pfizer Inc., and Teva Pharmaceutical Industries Ltd. are some of the leading players in the global market for hematological malignancies.