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Hematologic Malignancies Therapeutics Market Share Insight to 2025 including Leading Companies like: Pfizer, GlaxoSmithKline, Novartis, AbbVie, Celgene

11-19-2018 12:43 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Hematologic Malignancies Therapeutics Market Share Insight

Hematologic malignancies are forms of cancer that initiate in the cells of the blood-forming tissue, such as in the cells of the immune system or the bone marrow. The cancer cell includes forms of myeloma, leukemia, and lymphoma.

Growing global numbers of people suffering from leukemia and lymphoma are one of the major factors augmenting the Hematologic Malignancies Therapeutics Market growth.

According to a recent study published by Polaris Market Research, the Hematologic Malignancies Therapeutics Market is anticipated to reach USD 87.0 Billion by 2025 from USD 40.4 Billion in 2017, growing at a CAGR of 10.11% during the forecast period.

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According to leukemia and lymphoma society reports, an estimated combined total of 174,250 people in the US are expected to be diagnosed with leukemia, lymphoma or myeloma in 2018. However, inventions of novel drugs for blood cancer and its regulatory approvals are expected to enhance the Hematologic Malignancies Therapeutics Market growth.

In August 2017, Pfizer announced that the product - Besponsa (inotuzumab ozogamicin) has received USFDA approval for the treatment of adults with relapsed or refractory B-cell precursor acute lymphoblastic leukemia. Additionally, availability of products such as Imbruvica, Rituxan, and Glivec, which are estimated to be the highest revenue generating drugs, further boosting the market growth.

The major players operating in Hematologic Malignancies Therapeutics Market include: -
• Pfizer, Inc.
• F. Hoffmann-LA Roche ltd
• Sanofi-Aventis
• Bristol-Myers Squibb Company,
• AbbVie Inc.
• Novartis AG
• GlaxoSmithKline PLC
• Celgene Corporation
• Johnson & Johnson Services Inc.
• Takeda Pharmaceutical Company Limited.

The object of these key market players is to deliver better chronic care administration while keeping the cost low. In addition, the companies are concentrating on producing easy-to-use monitoring devices that can aid patients to accomplish conditions including diabetes or heart diseases better by avoiding costly medical processes.

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Market Segmentation: -

Hematologic Malignancies Therapeutics Market is segmented on the basis of type, therapy, and geography. Depending upon the type, the market is segmented leukemia, lymphoma, multiple myeloma, and others. The leukemia is further segmented into acute lymphocytic leukemia, chronic lymphocytic leukemia, acute myeloid leukemia, and chronic myeloid leukemia. Leukemia was estimated to dominate the market. The major market share is due to availability of products such as Imbruvica, Rituxan, and Glivec, which are estimated to be the highest revenue generating drugs.

On the basis of geography, North America is estimated to dominate the market. The dominance is majorly attributed to the high presence of key market players, availability of branded drugs, established healthcare organization, and increasing government support in the region.

However, Asia Pacific is expected to dominate the global Market during the forecast period. Increasing awareness about early diagnosis, availability of effective treatment in emerging countries, such as India and China is one of the major factors anticipated to remarkably boost the market growth in the Asia Pacific.

Key Take-away of Hematologic Malignancies Therapeutics Market: -
• Based on type, leukemia segment is estimated to dominate the market in 2017.

• Chemotherapy segment, to hold the dominating position for therapy type during the forecast period.

• North America holds major market share by regional segment.
• In depth value chain analysis for product/therapy development and betterment during the forecast period.

• Leading edge market players, and their market winning strategies in the developing countries.

• Industry trends, that majorly focus on recent development and a drug/therapy pipeline that is effective for treating various types of cancer.

Partial TOC of Hematologic Malignancies Therapeutics Market: -
1. Industry snapshot
2. Ecosystem analysis
3. Market Dynamics
4. Industry analysis - Porter's five force
5. Degree of competition
6. Market PEST Analysis
7. Market Value Chain Analysis
8. Industry Trends
9. Competitive Ranking Analysis

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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