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Progressive Multifocal Leukoencephalopathy Drug Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

11-29-2023 10:18 AM CET | Health & Medicine

Press release from: Orion Market Research

Progressive Multifocal Leukoencephalopathy Drug Market

Progressive Multifocal Leukoencephalopathy Drug Market is anticipated to grow at a significant CAGR during the forecast period. Progressive multifocal leukoencephalopathy (PML) is a rare brain infection that affects the substance in the brain that protects nerve cells. The infection gets worse over time and leads to neurological disabilities. The major factor driving the demand for PML drugs is significant prevalence of this infection across the globe. 

According to the National Organization for Rare Disorder (NORD), PML is caused by a virus called JC virus (JCV). JCV is found in 85% of the adult population globally. Additionally, PML occurs in approximately one in 200,000 people. Furthermore, in the US and Europe, an estimated 4,000 people develop PML each year. Hence, the rising prevalence of the infection is driving the demand for progressive multifocal leukoencephalopathy drugs.

Some major players in the market include Pfizer, Inc., F. Hoffman - La Roche AG, and Bristol-Myers Squibb Co., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Cellevolve Bio announced a collaboration with Australia-based QIMR Berghofer Medical Research Institute and its cell therapy manufacturing facility Q-Gen Cell Therapeutics. The collaboration was aimed to advance a novel off-the-shelf t-cell therapy in the first randomized cell therapy trial for progressive multifocal leukoencephalopathy (PML).

To Request a Sample of our Report on Progressive Multifocal Leukoencephalopathy Drug Market:  https://www.omrglobal.com/request-sample/progressive-multifocal-leukoencephalopathy-drug-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Pfizer, Inc., F. Hoffman - La Roche AG, and Bristol-Myers Squibb Co., among others.

Progressive Multifocal Leukoencephalopathy Drug Market Report by Segment

By Type

EBT-103
IKT-01427
Imatinib Mesylate
NI-307
Others

By Application 

Hospital
Clinic 
Others

A full Report of Progressive Multifocal Leukoencephalopathy Drug Market is Available @ https://www.omrglobal.com/industry-reports/progressive-multifocal-leukoencephalopathy-drug-market

 Progressive Multifocal Leukoencephalopathy Drug Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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