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Myeloproliferative Disorders Drugs Market Report 2023-2032: Growth Strategies, International Expansion, Industry Share And Major Players | Novartis AG, Bristol-Myers Squibb Company, Pfizer Inc., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical I
Myeloproliferative Disorders Drugs Market
The Business Research Company's Myeloproliferative Disorders Drugs Global Market Report 2023 identifies rise in the incidence of myeloproliferative disorders as the major driver for the Myeloproliferative Disorders Drugs Market's growth in the forecast period. Myeloproliferative disorders refer to a diverse category of diseases distinguished from acute leukemia by the cellular growth of one or more hematologic cell lines in the peripheral blood. The rise in myeloproliferative disorders is mostly driven by genetic disorders, overexposure to radiation, electrical wiring, or chemicals, the geriatric population. Myeloproliferative disease drugs block the BCR-ABL protein by binding to the ATP pocket in the active site, inhibiting downstream phosphorylation of the target protein, which helps in the treatment of the myeloproliferative disorder.
The global myeloproliferative disorders drugs market size is expected to grow from $8.63 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global myeloproliferative disorders drugs market size is expected to reach $10.62 billion in 2027 at a CAGR of 3.9%.
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Major competitors in the Myeloproliferative Disorders Drugs Market are Novartis AG, Bristol-Myers Squibb Company, Pfizer Inc., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Incyte Corporation, Eli Lilly and Co, F Hoffmann-La Roche Ltd., Mylan NV, Fresenius Kabi AG, Hikma Pharmaceuticals PLC, GSK Plc, Bayer AG, Sun Pharmaceutical Industries Ltd., Boehringer Ingelheim International Gmbh, Sanofi Aventis inc., AstraZeneca AB, and Apotex Inc.
A key trend in the Myeloproliferative Disorders Drugs Market includes Product innovation. Major companies operating in myeloproliferative disorder market are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in April 2020, Bristol Myers Squibb, a US-based biopharmaceutical company, received approval for REBLOZYL (luspatercept-aamt) by the US Food and Drug Administration for the treatment of anemia in adult patients with very low- to intermediate-risk myelodysplastic syndromes with ring side oblasts (MDS-RS) or myeloproliferative neoplasms with ring side oblasts and thrombocytosis (MDS/MPN-RS-T). It is an injection-only prescription medication used to treat anemia in patients who require frequent red blood cell transfusions and have not reacted well to, or are unable to take, other types of medication.
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The Myeloproliferative Disorders Drugs Market is segmented -
By Type: Primary Myelofibrosis, Polycythemia Vera (PV), Essential Thrombocythemia (ET), Chronic Eosinophilic Leukemia Or Hyper eosinophilic Syndrome (HES), Systemic Masto cytosis (SM)
By Drug Type: JAK2 Inhibitors, Anti-Neoplastics, Demethylation Agents, Imatinib Mesylate, Other Drug Types
By Route Of Administration: Oral, Parenteral, Other Routes Of Administration
By Distribution Channel: Hospital Pharmacy, Retail Stores, Drug Stores
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Myeloproliferative Disorders Drugs Market.
The Business Research Company's "Global Myeloproliferative Disorders Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Myeloproliferative Disorders Drugs Market Include:
1. Executive Summary
2. Myeloproliferative Disorders Drugs Market Characteristics
3. Myeloproliferative Disorders Drugs Market Trends And Strategies
4. Myeloproliferative Disorders Drugs Market - Macro Economic Scenario
5. Myeloproliferative Disorders Drugs Market Size And Growth
……
26. Africa Myeloproliferative Disorders Drugs Market
27. Myeloproliferative Disorders Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Myeloproliferative Disorders Drugs Market
29. Myeloproliferative Disorders Drugs Market Future Outlook and Potential Analysis
30. Appendix
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