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Multiple Myeloma Drugs Market Analysis by Size Production, Consumption, Trends and Outlook 2018-2026
Multiple Myeloma Drugs Industry Analysis
Introduction of monoclonal antibodies with safety profile to fight myeloma cells is expected to drive the multiple myeloma drugs market
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The increasing microRNA therapeutics, nanomedicine platform emergence, and constant introduction of effective and safe therapeutics drives the growth of multiple myeloma drugs market. The drugs market is expected to gain momentum with the addition of monoclonal antibodies and Histone Deacetylase (HDAC) inhibitors to the current therapeutics array. The biologic therapy of monoclonal antibodies including DARZALEX and EMPLICITI are largely preferred by the physicians owing to the established clinical profile. The growing prevalence of the disorder with the surging elderly population, the inefficiency of the current medication augments to invest in research and development, thereby driving the global market in the forecast period. Additionally, the supportive treatment demand for restoration procedures including point of care technologies, approved safety profile and efficiency of monoclonal antibodies is expected to broaden the drug treatment received by the patients.
Novel targeted therapy segment is expected to fuel the multiple myeloma drugs market
The global multiple myeloma drugs market is segmented on the basis of technology, diagnosis, surgery, end user and geography.
On the basis of drug type, the global multiple myeloma drugs market is segmented into:
Immunomodulating agents
Proteasome inhibitors
Histone Deacetylase (HDAC) inhibitors
Steroids (Corticosteroids)
Monoclonal antibodies
On the basis of distribution channel, the global multiple myeloma drugs market is segmented into:
Hospital Pharmacy
Retail Pharmacy
ePharmacies
Presence of major key players accounts for the drastic dominance of Europe in the global multiple myeloma drugs market
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