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