Multiple Myeloma Treatment Market segmentations by key players - multiple myeloma drug treatment market will benefit from novel therapies from 2016 to 2023. The main drivers of growth will be the launch of monoclonal antibodies (mAbs) Empliciti and Darzal
The global Multiple Myeloma market is anticipated to be mainly driven by increase in ageing population, rising obese population, increase in healthcare expenditure and increased penetration of novel cancer drugs. Some of the significant developments of this industry include upcoming new innovative products in the market, trend of combination therapies, and chance of new players.
The multiple myeloma drug treatment market will benefit from novel therapies from 2016 to 2023. The main drivers of growth will be the launch of monoclonal antibodies (mAbs) Empliciti and Darzalex, which will not only provide a new treatment option for MM patients, but they will also lengthen the time between relapses, meaning that the duration of Revlimid and/or Velcade treatments will also be longer. Also, launch of second-generation proteasome inhibitors Ninlaro and Kyprolis, will further increase treatment options for these patients. This situation will change the industry and market, which is currently dominated by an immunomodulator, Revlimid, and a proteasome inhibitor, Velcade.
Request Sample Report @ https://www.persistencemarketresearch.com/samples/13954
The main strength of this market is that it’s able to support many products. Novel drugs will likely to add treatment options for the Multiple Myeloma patients. Rather than competing with each other for a share of the market, these novel drugs will be used together to form more-effective treatment regimens, driving sales for each other. Again, when patients relapse, a different combination will be used. This means there are significant opportunities for revenue generation during the forecast period.
There are several promising compounds in late stage development that will capture a significant share of the market after approval. Those agents include HDAC inhibitors, monoclonal antibodies (mAbs) and kinase inhibitors. These launches will make market more diverse, with several blockbuster products claiming a significant share. The patent expiries of a number of key treatments will pave the way for further new mAbs to have a major impact on the multiple myeloma therapeutics space by 2023.
However, there are limitations in this market. The limited target patient population is a restricting factor that will come into play during the forecast period. With the launch of new mAbs one after the other may cause the market saturation, then, and revenue growth will slow. Also, the high treatment price and legal regulations will restrict the market growth.
The biggest constrainers of market are the increasing cost-consciousness of healthcare providers, as the launch and subsequent label extensions of these pipeline agents will lead to a significant expense, which may impact uptake of these drugs by the patients.
Segmentation based on Treatment Procedure:
(i) Proteasome Inhibitors
(ii) Velcade (bortezomib)
(iii) Kyprolis® (carfilzomib)
(iv) Ninlaro® (ixazomib)
(v) Immunomodulatory Agents (IMiDs)
Proteasome Inhibitors blocks proteasome which degrades unwanted cellular proteins, the inhibitors create a build-up of these proteins in the cell causing cancer cells to die. Velcade was the first drug to be approved in this category which validated that proteasome can be considered as therapeutic target. It can be administered as intravenously or subcutaneously. Kyprolis is second-generation proteasome inhibitors approved for use in patients with relapsed/refractory myeloma. Ninlaro is a first approved oral proteasome inhibitor, it is approved with the combination of lenalidomide and dexamethasone.
IMiDs are thalidomide analogues, which has pleiotropic anti-myeloma properties including immune-modulation, anti-angiogenic, anti-inflammatory and anti-proliferative effects. Thalomid shown to be effective across the spectrum of myeloma disease; however it has peripheral neuropathy a common side effect and can be irreversible. Revlimid is more potent over Thalomid. Pomalyst is an oral Immunomodulatory Agent which is most potent and has few side effects.
Request Report Methodology @ https://www.persistencemarketresearch.com/methodology/13954
Histone Deacetylase (HDAC) inhibitors are thought to work in part by reversing some cancer-associated epigenome modifications. Farydak is administered in combination with bortezomib and dexamethasone. It is indicated for the treatment of patients with multiple myeloma who have received at least two prior regimens, including bortezomib and an IMiDs.
Immunotherapy is the new form of therapy for Multiple Myeloma treatment. This therapy stimulates the immune system and enhance their ability to attack cancer cells. These treatments involve the antibodies that targets the specific proteins found on the multiple myeloma cells or on immune cells, while others include vaccines and modified immune cells.
Darzalex is the first approved monoclonal antibody for Multiple Myeloma treatment. It is recommended in the patients who have at-least received three line of therapies in prior, including a proteasome inhibitor and an immunomodulatory agent (IMiD), or who are refractory to both a proteasome inhibitor and an IMiD. Daratumumab is anticipated to achieve peak sales only by 2023. Empliciti is approved in combination with Revlimid/dexamethasone for patients who has who are refractory to prior three therapies.
Chemotherapy is the use of anti-cancer (Cytotoxic) drugs, which enters the bloodstream and are distributed to all parts of the body. They destroy cancer cells by interfering with their ability to divide and grow. Doxil is a reformulated version of doxorubicin (Adriamycin®), which has been used for many years in traditional chemotherapy regimens in multiple myeloma treatment.
Geographically the Multiple Myeloma Treatment Market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and MEA region which will be boosted by increasing therapeutic options, including the introduction of two monoclonal antibodies (mAbs) with blockbuster potential, namely elotuzumab and daratumumab, during the forecast period.
Major players in this markets are namely Johnson & Johnson, Roche Holding, Sanofi and Novartis.
Pre- Book Report Now @ https://www.persistencemarketresearch.com/checkout/13954
Contact us :
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: +1800-961-0353
About us :
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Multiple Myeloma Treatment Market segmentations by key players - multiple myeloma drug treatment market will benefit from novel therapies from 2016 to 2023. The main drivers of growth will be the launch of monoclonal antibodies (mAbs) Empliciti and Darzal here
News-ID: 1854732 • Views: 110
More Releases from persistencemarketresearch.com
Alcoholic Hepatitis Therapeutic Market Rugged Expansion Foreseen by 2017 to 2025
Alcoholic hepatitis is a kind of liver disease usually affects people who are used to be heavy drinkers. It can cause short and long-term liver damage. Liver is a major organ of body functions to remove poisons such as alcohol from blood. It’s damaged by long time heavy drinking of alcohol. Usually occur in 30% of long- time alcohol drinkers. Asymptomatic steatohepatitis is also as alcoholic hepatitis the term is
Advanced Meniscal Fixation Devices Market Continuing to Show Billion Dollar Grow …
Meniscal fixation is minimally invasive surgical procedure is used to reconstruct torn meniscus. Meniscus functions include distribution and load transmission, joint stability, neuromuscular proprioception and joint nutrition. Meniscal tears are symptomatic and irreparable and meniscal fixation devices are used to remove unstable fragments. Meniscal repair is performed only during longitudinal tears (>10 mm), tears without deformity or secondary degeneration, and others. Meniscal fixation devices are used arthroscopic repair or
Liniments Rubs Market segmentation by key players - Liniments & Rubs Market are …
Liniments are liquid dosage forms which are used relieve pain and stiffness during arthritis, sore muscular aches, and muscle strains. Liniments & rubs are well absorbed through the skin and have a high bioavailability. Liniment vehicles depend on the type of action (counterirritants, massage, and rubefacient) and solubility of desired compounds. They can be used as irritants, analgesics, anti-inflammatory, astringents, and fungicidal. Rubefacient liniments are used for vasodilation and hyperthermia
Ammonia Inhalants Market Analysis- Size, Share, overview, scope, Revenue, Gross …
Ammonia inhalants are respiratory stimulant because ammonia gas irritates the lungs and triggers an inhalation reflex. This reflex alters breathing patterns and results in improved flow rates of the respiratory system and possibly increase the alertness. Basically, it works by triggering reflexive action which causes the muscle that controls the breathing process to perform faster. Additional it acts as a sympathetic nervous system and enhances the activities of heart and brain.
More Releases for Multiple
Global Multiple Sclerosis Market Size, Global Multiple Sclerosis Market Share, G …
The Global Multiple Sclerosis Market Size is majorly driven by the factors such as rising number of consolidations between the market players for exploring the untapped market opportunity across the world. Request for Sample of This Research Report @ https://bit.ly/2Nh6b4d Top Key Player:- Hoffmann-La Roche Ltd. Bayer Healthcare AG Teva Pharmaceuticals GlaxoSmithKline AbbVie Inc. Sonafi Pasteur Pfizer Inc. Merck & Company Novartis AG AB Science Opexa Multiple Sclerosis (MS) is a disease in which the insulating covers of nerves and spinal cord are
Thermoseal Group Multiple Award Winners
For the second year in a row, Thermoseal Group is the winner of the coveted Glass and Glazing Industry’s G-Award for ‘Component Supplier of the Year’ as announced at the prestigious Gala Dinner held at the Hilton on Park Lane Hotel in London on Friday 18 November 2016. This was a great day for Thermoseal Group who were also announced winners at two other awards events held that day
Reduce Headaches Updating Multiple Spreadsheets
Melbourne, Australia – DataMystic announces ExcelPipe 7.5, its enhanced mass-replacement utility for Microsoft Excel. Do you make the same change to a group of Excel Spreadsheets, over and over again? End of calendar year? End of financial year? And you know how tedious that is? ExcelPipe is a time-saving search and replace tool designed to work hand-in-hand with Microsoft Excel to change thousands of Spreadsheets automatically. It saves weeks of manual labor
Reduce Headaches Updating Multiple Documents
Reduce Headaches Updating Multiple Documents Melbourne, Australia – DataMystic announces WordPipe 9.4, its enhanced mass-replacement utility for Microsoft Word. Do you make the same change to a group of Word documents, over and over again? And you know how tedious that is? WordPipe is a time-saving search and replace tool designed to work hand-in-hand with Microsoft Word to change thousands of documents automatically. It saves weeks of manual labor when links need changing,
Formulating Cosmetics For Multiple Markets
With all the regulatory information and expertise available, it’s worth considering the destination markets where you want to sell a product as the basis for the formulation you use. For example, when formulating products destined for the US market, you should consider the demands of federal and state legislation – in as many states as you want to sell into. If California is one of them, you need to know if
Zünd receives multiple awards
Altstätten, Switzerland (May 2011). „Top Product Award 2011“ and EDP Award 2011 „Best Workflow Management Solution of the Year“ are two awards won by the Zünd G3 Cutter and Zünd Cut Center Software respectively. Top Product Award 2011 Every year the American magazine Wide-Format Imaging presents Top Products Awards for breakthrough products that have caused a great deal of excitement in the industry and proven to be a valuable asset to wide-