Hematological Malignancies Drugs Market Vendor and Technology Assessment Report 2024-2031

Hematological Malignancies Drugs Market worth $ 42.78 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Hematological Malignancies Drugs Market Trends and Dynamics, Clinical Trial/Pipeline Analysis, Industry Competition Analysis, Revenue Forecast To 2030."

The global market for pharmaceuticalsfor Hematological malignancies is estimated to be worth US$ 13.76 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2022to 2030, reaching US$ 42.78 billion.

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Hematological malignancies are cancers that affect the lymph nodes, bone marrow, and blood. The three most prevalent blood cancers are myeloma, leukaemia, and lymphoma. Emerging targeted therapeutics that have improved clinical outcomes for blood cancers include recombinant immunotoxins, antibody-drug conjugates, small molecule inhibitors, monoclonal antibodies, bispecific T cell engagers, and Chimeric Antigen receptors (CAR-T) cells.

Increasing R&D activities to develop novel cancer therapies, the adoption of precision medicine in the field of haematological malignancies, the growing number of drug approvals for treating various haematological malignancies, the ever-increasing prevalence of blood malignancies, rising healthcare expenditures, and growing innovations in leukaemia and lymphoma targeted therapies are some of the factors contributing to the growth of the Hematological Malignancies Drugs Market. The United States is expected to diagnose over 459,058 cases of leukaemia and 962,304 cases of lymphoma in 2021, according to Blood Cancer Statistics. Additionally, according to the Leukemia & Lymphoma Society 2020, around 85,720 new cases of lymphoma were diagnosed in the US in 2020. 8,480 Hodgkin (HL) and 77,240 Non-Hodgkin (NHL) lymphoma cases are also among the recently reported lymphoma cases.

The high expense of products and therapies, their negative impacts, unfavourable medical reimbursement laws, and safety concerns are anticipated to constrict the market's growth in the years to come.

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Regionally, North America is projected to generate the highest CAGR in this market over the forecast period due to the rising R&D activities in cancer research. The Asia Pacific region also majorly contributes to the growth of the Hematological Malignancies Drugs Market. The increasing cancer research funding, high prevalence of blood malignancies, and the rising need for effective therapies contribute to the market growth.

Major market players operating in the hematological malignancies drugs market include AbbVie Inc., Amgen Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Gilead Sciences, Inc., GlaxoSmithKline plc, Immune-Onc Therapeutics, Inc., Johnson & Johnson Services, Inc., Merck & Co., Inc., Novartis International AG, Pfizer Inc., Sanofi S.A., Takeda Pharmaceutical Company Limited, among others.

Key developments in the market:
• In October 2021, Novartis acquired the US FDA approval for Scemblix (asciminib) to treat chronic myeloid leukemia (CML) in two distinct indications.
• In September 2021, AbbVie and Genmab A/S published the results of the dose-escalation part of the Phase 1/2 EPCORE NHL-1 first-in-human (FIH) dose-escalation and cohort expansion clinical trial eValueating the safety and preliminary efficacy of the investigational therapy epcoritamab (DuoBody-CD3xCD20) in patients with relapsed/refractory B-cell non-Hodgkin's lymphoma (B-NHL).
• In March 2021, Sanofi SA received the US FDA approval for Sarclisa (isatuximab) in combination with carfilzomib and dexamethasone for patients with relapsed or refractory multiple myeloma.
• In August 2020, GlaxoSmithKline plc received US FDA approval for BLENREP (belantamab mafodotin-blmf) as a monotherapy treatment for patients with relapsed or refractory multiple myeloma.
• In July 2020, Takeda Pharmaceutical Co. Ltd. received US FDA approval for pevonedistat, an investigational cancer drug for treating higher-risk myelodysplastic syndromes.

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Market Segments

Hematological Malignancies Drugs Market, by Drugs, 2022-2030 (Value US$ Mn)
• Monoclonal Antibodies
o Blincyto (Blinatumomab)
o Besponsa (Inotuzumab Ozogamicin)
o Lumoxiti (Moxetumomab Pasudotox)
o Mylotarg (Gemtuzumab Ozogamicin)
o Opdivo (Nivolumab)
o AiRuiKa (Camrelizumab)
o Tyvyt (Sintilimab)
o Tislelizumab
o Gazyva (Obinutuzumab)
o Zynlonta (Loncastuximab Tesirine-lpyl)
o Darzalex (Daratumumab)
o Blenrep (Belantamab Mafodotin-blmf)
o Keytruda (Pembrolizumab)
o Adcetris (Brentuximab Vedotin)
o Arzerra (Ofatumumab
• CAR-T Cell Therapy
o Tecartus (Brexucabtagene Autoleucel)
o Kymriah (Tisagenlecleucel)
o Yescarta (Axicabtagene Ciloleucel)
o Breyanzi (Lisocabtagene Maraleucel)
o Abecma (Idecabtagene Vicleucel)

Hematological Malignancies Drugs Market, by Pipeline Products, 2022-2030 (Value US$ Mn)
• Monoclonal Antibodies
o Teclistamab
o Iomab-B
o Ublituximab
o CS1001
• CAR-T Cell Therapy
o Ciltacabtagene Autoleucel (JNJ-68284528)

Hematological Malignancies Drugs Market, by Indications, 2022-2030 (Value US$ Mn)
• Leukemia
o Acute Lymphoblastic Leukemia
o Chronic Lymphoblastic Leukemia
o Acute Myeloid Leukemia
• Lymphoma
o Hodgkin's Lymphoma
o Non-Hodgkin's Lymphoma
• Multiple Myeloma

Hematological Malignancies Drugs Market, by region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Hematological Malignancies Drugs Market, by Country, 2022-2030 (Value US$ Mn)
• The U.S.
• Canada
Europe Hematological Malignancies Drugs Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Hematological Malignancies Drugs Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Hematological Malignancies Drugs Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Hematological Malignancies Drugs Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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