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Medical Asparaginase Market New Revenue Sources, Latest Trends and 2025 Threshold | Shire, Medac GmbH, Kyowa Hakko Kirin and More...

02-19-2019 12:53 PM CET | Health & Medicine

Press release from: Reports Monitor

Medical Asparaginase Market

Medical Asparaginase Market

Medical Asparaginase Market

Asparaginase is an enzyme, as a medication it is used to treat acute lymphoblastic leukemia (ALL), acute myeloid leukemia (AML), and non-Hodgkin's lymphoma. It is given by injection into a vein, muscle, or under the skin. A pegylated version is also available.

Some of the leading Companies incorporated in this Research are Jazz Pharmaceuticals, Shire, Medac GmbH, Kyowa Hakko Kirin, Qianhong Bio-pharma, Taj Pharmaceuticals, Mingxing Pharma, SL Pharma, United Biotech.

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Asparaginase was approved for medical use in the United States in 1978. It is on the World Health Organization's List of Essential Medicines, the most effective and safe medicines needed in a health system.

The classification of Medical Asparaginase includes Escherichia coli, Erwinia Chrysanthemi and Pegylated, and the sales proportion of Escherichia coli in 2017 is about 64.6%, and the proportion is decreasing trend from 2013 to 2018. Medical Asparaginase is widely sales for Acute Lymphoblastic Leukemia, Acute Myeloid Leukemia and Others. The most proportion of Medical Asparaginase is sales in Acute Lymphoblastic Leukemia, and the consumption proportion is about 90% in 2017.

North America is the largest consumption place, with a revenue market share nearly 53.5% in 2017. Following North America, Europe is the second largest consumption place with the revenue market share of 37.2%, China is also an important sales region for the Medical Asparaginase, In China, the price is lower than the developed countries.

Market competition is intense. Jazz Pharmaceuticals, Shire, Medac GmbH, Kyowa Hakko Kirin, etc. are the leaders of the industry. They hold the key technologies and patents, with high-end customers. They have formed global market channel of the industry. However, with the future expanding market, there will be more manufacturers in the future.

The global Medical Asparaginase market is valued at 390 million US$ in 2018 and will reach 440 million US$ by the end of 2025, growing at a CAGR of 1.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Medical Asparaginase market based on company, product type, end user and key regions.

Market size by Product
Escherichia coli
Erwinia Chrysanthemi
Pegylated

Market size by End User
Acute Lymphoblastic Leukemia
Acute Myeloid Leukemia
Other

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Reports Monitor is a methodical effort to gather information about the targeted market which is Medical Asparaginase. It is a very significant part of a business strategy. The term is often used in resemblance to marketing research; but specialized Market research is one of the major factors used to maintain competitiveness over competitors.

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