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Myelodysplastic Syndrome Market Size, Regional Overview, Competitive Landscape, Business Growth, Share Analysis And Forecast To 2033
The new report published by The Business Research Company, titled Myelodysplastic Syndrome Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the myelodysplastic syndrome market size has grown rapidly in recent years. It will grow from $2.3 billion in 2023 to $2.56 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The myelodysplastic syndrome market size is expected to see rapid growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
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Rising Incidence Of Rare Blood Cancers Boosts Growth In The Myelodysplastic Syndrome (MDS) Market
The increasing incidence of rare blood cancers is expected to propel the growth of the myelodysplastic syndrome (MDS) market going forward. Blood cancers are types of hematologic malignancies with a low incidence rate in the population and originate from the cells of the bone marrow, lymph nodes and other components of the blood and immune system. Myelodysplastic syndrome (MDS) treatment aims to manage the condition by improving blood cell production and addressing associated symptoms to prevent the progression of blood cancer in the bone marrow. For instance, in June 2021, according to the Leukemia Foundation, an Australia-based national charitable organization, more than 110,000 people are coping with blood disorders. Additionally, by 2035, more than 275,000 Australians are predicted to have blood disorders. Therefore, the increasing incidence of blood cancer drives the growth of the myelodysplastic syndrome (MDS) market.
Growing Emphasis On Innovative Therapies Shapes The Myelodysplastic Syndrome (MDS) Treatment
Major companies operating in the myelodysplastic syndrome (MDS) market are developing new therapies to strengthen their position in the market. For instance, in July 2021, Genentech Inc., a US-based biotechnology company, launched Venclexta (venetoclax) with azacitidine for treating myelodysplastic syndrome (MDS) approved by the Food and Drug Administration (FDA), a US-based government organization. It applies to treating adult patients with intermediate, high-risk and very high-risk myelodysplastic syndromes (MDS). This breakthrough therapy is designed to accelerate the development of medicines intended to treat severe or life-threatening conditions, with preliminary evidence indicating substantial improvement over existing therapies.
The myelodysplastic syndrome market covered in this report is segmented -
1) By Type: Myelodysplastic Syndrome With Unilineage Dysplasia; Myelodysplastic Syndrome With Multilineage Dysplasia; Myelodysplastic Syndrome With Ring Sideroblasts; Other Types
2) By Drug: Azacitidine; Lenalidomide; Decitabine; Deferasirox
3) By Treatment: Supportive Therapy; Growth Factors; Chemotherapy; Stem Cell Transplant; Other Treatments
4) By Route Of Administration: Oral; Injectable; Other Routes Of Administrations
5) By End-Users: Hospitals; Homecare; Specialty Centers; Other End-Users
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Major players in the myelodysplastic syndrome market are Pfizer Inc., Johnson and Johnson Limited, AbbVie Inc., Bayer AG, Novartis AG, Merck & Co., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca Plc., Takeda Pharmaceutical Company Limited, Medtronic PLC, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim International GmbH, Otsuka Pharmaceutical Co. Ltd., Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Daiichi Sankyo Company Ltd., Jazz Pharmaceuticals, Dr. Reddy's Laboratories Ltd., Lupin Limited, BeiGene, Janssen Biotech, Accord Healthcare, Acceleron Pharma Inc.
Contents of the report:
1. Executive Summary
2. Myelodysplastic Syndrome Market Report Structure
3. Myelodysplastic Syndrome Market Trends And Strategies
4. Myelodysplastic Syndrome Market - Macro Economic Scenario
5. Myelodysplastic Syndrome Market Size And Growth
…..
27. Myelodysplastic Syndrome Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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