Uploaded on Dec 7, 2020
The demand for blood cancer drug is primarily driven by growing death incidences by blood cancer, and continuous innovation for developing novel treatments with the help of several ongoing clinical trials. Moreover, increasing research and development of biological and targeted therapies as treatment will spur the blood cancer drugs market during the upcoming period.
Blood Cancer Drugs Market Worth $55.6 Billion by 2025 | CAGR: 11.1%
Blood Cancer Drugs Market
Set to Exceed $55.6 Billion by 2025 | CAGR: 11.1%
“Blood Cancer Drugs Market [By Blood Cancer Type
(Leukemia (Acute Myeloid Leukemia, Chronic Myeloid
Leukemia, Acute Lymphoblastic Leukemia, Chronic
Lymphocytic Leukemia), Lymphoma (Hodgkin Lymphoma,
Non-Hodgkin Lymphoma (B-Cell Lymphoma, T-Cell
Lymphoma)), and Myeloma; By Drugs (Rituaxan/Mabthera
(Rituximab), Gleevac/Glivec (Imatinib), Revlimid
(Lenalidomide), Velcade (Bortezomib), Tasigna (Nilotinib),
Pomalyst (Pomalidomide), Vidaza (Azacitidine), Kyprolis
(Carfilzomib), Adcetris (Brentuximab Vedotin), and Others);
By Treatment Approaches (Chemotherapeutic,
mAbs/Targeted Therapies, and Immunotherapeutic); By
Region]: Market Size & Forecast, 2017 – 2025”
Blood Cancer Drugs Market Estimate & Forecast to 2025
The global blood cancer drugs market is anticipated to reach USD 55.6 billion by 2025 according to a new
report published by Polaris Market Research.
The demand for blood cancer drug is primarily driven by growing death incidences by blood cancer, and
continuous innovation for developing novel treatments with the help of several ongoing clinical trials.
Moreover, increasing research and development of biological and targeted therapies as treatment will
spur the blood cancer drugs market during the upcoming period. However, the high price of drugs and the
stringent government policies will limit the growth of blood cancer drugs market during the forecast period.
The global blood cancer drugs market is segmented into blood cancer type, drugs and treatment
approaches. On the basis of blood cancer type, the global blood cancer drugs market is segmented into
leukemia, lymphoma and myeloma. The lymphoma segment is expected to drive the majority market of
blood cancer drugs followed by leukemia. The global market of this segment is primarily driven by the
increasing prevalence of lymphoma, and presence of effective treatments in the market. On the basis of
drugs, the global blood cancer drugs market is further categorized into Rituaxan/Mabthera (Rituximab),
Gleevac/Glivec (Imatinib), Revlimid (Lenalidomide), Velcade (Bortezomib), Tasigna (Nilotinib), Pomalyst
(Pomalidomide), Vidaza (Azacitidine), Kyprolis (Carfilzomib), Adcetris (Brentuximab Vedotin), and Others.
This continuous innovation for treating various sub-types of blood cancers has led to the development of
novel types of treatments.
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Blood Cancer Drugs Market Scope
By Blood Cancer Type By Drugs By Treatment By Region Report Attributes
Approaches
Lymphoma Rituaxan/Mabthera Chemotherapeutic North America Historic year: 2015-2016
Gleevac/Glivec mAbs/Targeted Europe Base year: 2017
Revlimid Therapies Asia Pacific Forecast Year: 2017-2025
Velcade Immunotherapeutic Latin America Middle East Revenue ((USD Billion)
Tasigna & Africa
Pomalyst
Vidaza
Kyprolis
Adcetris
Others
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Blood Cancer Drugs Market Estimate & Forecast to 2025
On the basis of treatment approaches the global blood cancer drugs market is further segmented into
Chemotherapeutic, mAbs/Targeted Therapies, and Immunotherapeutic. Due to availability of variety of
chemotherapeutic agent in the market chemotherapeutic drugs are expected to hold the higher share in
blood cancer drugs market. Moreover, their effectiveness for the treatment of blood cancer and
increasing number of cancer patients globally has garnered more demand for chemotherapeutic drugs
throughout the world.
The leading companies operating in this industry include Johnson & Johnson Inc., Amgen Inc., Bayer
AG., Pfizer, Inc., AbbVie Inc., Roche Holding AG., Celgene Corporation, AstraZeneca, Novartis AG,
GlaxoSmithKline PLC, Merck & Co., Inc., and Eli Lily & Co. among others.
Key Findings from the study suggest blood cancer drugs in the market are much innovative and
manufacturers are progressively concentrating on innovation of combination drugs. Companies are in a
stage of development of new drugs in order to provide novel treatments for blood cancer. The
immunotherapy segment is anticipated to grow at a high growth rate over the forecast period. The growth
of this segment is primarily driven by increased awareness for its use as an alternative and effective
treatment for blood cancer.
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Blood Cancer Drugs Market Size
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