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Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market 2024 Key Players, Trends, Analysis And Forecast 2033
Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Key Players
Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.51 billion In 2028 At A CAGR Of 5.4% :
The acute lymphocytic-lymphoblastic leukemia therapeutics market size has grown strongly in recent years. It will grow from $2.68 billion in 2023 to $2.85 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to chemotherapy advancements, biological and targeted therapies, pediatric oncology research, improved supportive care, stem cell transplantation.
The acute lymphocytic-lymphoblastic leukemia therapeutics market size is expected to see strong growth in the next few years. It will grow to $3.51 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to personalized medicine approaches, expanded access to novel agents, global health initiatives, patient advocacy and awareness, regulatory pathway streamlining. Major trends in the forecast period include supportive care innovation, collaborative research efforts, diagnostic innovations, car-t cell therapies, innovations in biologics.
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Key Driver - Rising Prevalence Of Genetic Conditions Fuels Growth In The Acute Lymphocytic-Lymphoblastic Leukemia (AII) Therapeutics Market
The growing prevalence of genetic conditions is expected to propel the growth of the acute lymphocytic-lymphoblastic leukemia (ALL) therapeutics market going forward. Genetic conditions are medical conditions that are caused by changes (mutations) in an individual's DNA or genes. Gene mutations can build up in cells in the body over time, and cells with too many mutations may stop working normally, grow out of control, and become cancerous. Genetic testing is used therapeutically to discover particular genetic anomalies in individuals with acute lymphocytic-lymphoblastic leukemia, which can assist in informing therapy choices. For instance, in June 2023, Gene People, a UK-based registered charity, The prevalence of genetic conditions in children is estimated to be 1 in 25. This indicates that over 2.4 million children and adults in the UK are affected by a genetic disorder. Additionally, it is estimated that 30,000 newborns and children receive new diagnoses of genetic conditions each year in the UK. Therefore, the growing prevalence of genetic conditions is driving the growth of the acute lymphocytic-lymphoblastic leukemia (ALL) therapeutics market.
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Prominent Trend - Increasing Focus On Newly Approved Therapies To Drive The Revenues
Major companies operating in the acute lymphocytic-lymphoblastic leukemia (ALL) therapeutics market are developing innovative therapies such as Tecartus (brexucabtagene autoleucel) by using chimeric antigen receptor (CAR) T-cell therapy and getting approvals to better meet the needs of their existing consumers. CAR T-cell therapy is a type of immunotherapy that uses a patient's own T cells to fight cancer. For instance, in November 2021, Kite Pharma, a US-based biotechnology company received the approval for Tecartus from the Food and Drug Administration, a US-based federal agency adults with ALL. Tecartus is a CD19-directed genetically modified autologous T-cell immunotherapy, administered as a single infusion. Tecartus is the first and only CAR T-cell therapy approved for adults with ALL. The approval of Tecartus for the treatment of ALL has added value to Kite by expanding treatment options, increasing revenue potential, and demonstrating the company's expertise in the field of cell therapy.
Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Players
Major companies operating in the acute lymphocytic-lymphoblastic leukemia therapeutics market report are Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Gilead Sciences Inc., Amgen Inc., Baxter International Inc., Astellas Pharma Inc., Eisai Co. Ltd., Jazz Pharmaceuticals Inc., Ono Pharmaceutical Co. Ltd., Genmab A/S, Kite Pharma, ADC Therapeutics, Kiadis Pharma, SymBio Pharmaceuticals Limited, Celyad Oncology SA, Precigen Inc., Leadiant Biosciences Inc., Medexus Pharma Inc., Spectrum Pharmaceuticals Inc., OBI Pharma Inc.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the acute lymphocytic-lymphoblastic leukemia (ALL) therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the acute lymphocytic-lymphoblastic leukemia therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Report Structure
3. Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Trends And Strategies
4. Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market - Macro Economic Scenario
5. Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Size And Growth
…..
27. Acute Lymphocytic-Lymphoblastic Leukemia Therapeutics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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