Press release
Unleashing Potential: Global Multiple Myeloma Market Set to Grow to $38.39 Billion by 2029, with an 8.1% CAGR
Multiple Myeloma Market Size
What Is The Projected Market Size Of The Global Multiple Myeloma Market And Its Growth Rate?
The global market for multiple myeloma has shown remarkable resilience and growth.
• The market expanded from $26.07 billion in 2024 to $28.15 billion in 2025, reflecting a CAGR of 8.0%.
• The growth during this period can be attributed to better diagnostics, stem cell transplantation, access to high-quality medical care, precision medicine, and patient-focused care models.
• Looking forward, the market is set to grow even further to $38.39 billion in 2029 with a CAGR of 8.1%.
• This upcoming growth is anticipated to be driven by factors such as the adoption of telemedicine services, personalized vaccine therapies, and the integration of health technology and digital platforms for patient education.
What Is Driving The Growth In The Multiple Myeloma Market?
The multiple myeloma market is currently experiencing a surge due to the increasing prevalence of the disease. Multiple Myeloma is a cancer that emerges in a type of white blood cell called a plasma cell. The uptick in the disease incidents is connected to a variety of factors including age, genetics, obesity, radiation exposure, and other conditions. The American Cancer Society reported an increase in detected multiple myeloma cases to 35,730 in 2023, up from 34,470 in 2022. This increase in the prevalence of multiple myeloma is a primary driver of the market's growth.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12163&type=smp
Who Are the Key Players Driving Multiple Myeloma Market Growth?
The significant players leading the charge in the multiple myeloma market include:
• Pfizer Inc.
• Johnson & Johnson Private Limited
• F. Hoffmann-La Roche Ltd.
• Merck & Co. Inc.
• AbbVie Inc.
• Bayer AG
• Novartis AG
• Sanofi S.A.
• Bristol-Myers Squibb Company
• AstraZeneca plc
• Abbott Laboratories
• GlaxoSmithKline PLC
• Takeda Pharmaceutical Company Limited
• Eli Lilly and Company
• Boehringer Ingelheim International GmbH
• Amgen Inc.
• Janssen Global Services LLC
• Celgene Corporation
• Mylan N.V.
• Biogen Inc.
• Cipla Inc.
• Sun Pharmaceutical Industries Ltd.
• CRISPR Therapeutics AG
• Karyopharm Therapeutics Inc.
• Fate Therapeutics Inc.
• Atara Biotherapeutics Inc.
• Allogene Therapeutics Inc.
• C4 Therapeutics Inc.
• Adaptimmune Therapeutics plc
• Precision Biosciences Inc.
What Are The Key Trends In The Multiple Myeloma Market?
Key trends in the multiple myeloma market include:
• Advancements in targeted therapies
• Novel drug development
• Improvements in immunotherapy
• The emergence of novel biomarkers
• Integration of artificial intelligence in healthcare.
What Are The Segments Of The Global Multiple Myeloma Market?
The multiple myeloma market can be segmented as follows:
• By Treatment: Medications, Radiation Therapy, Stem Cell Transplant, Other Treatments
• By Diagnosis: Blood Tests, Bone Marrow Biopsy, Urine Tests, Imaging Tests
• By Disease Type: Active Multiple Myeloma, Smoldering Multiple Myeloma
• By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Channels
Which Region Leads The Multiple Myeloma Market?
North America reigned supreme in the multiple myeloma market in 2024. However, the Asia-Pacific region is forecasted to be the fastest-growing region in the next few years. Other regions covered in the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/multiple-myeloma-global-market-report
What Is Covered In The Multiple Myeloma Market Global Market Report?
- Market Size Analysis: Analyze the Multiple Myeloma Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Multiple Myeloma Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Multiple Myeloma Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Multiple Myeloma Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=12163&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Unleashing Potential: Global Multiple Myeloma Market Set to Grow to $38.39 Billion by 2029, with an 8.1% CAGR here
News-ID: 3833312 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Vertical Farming Market: Technological Advancemen …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vertical Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the vertical farming market has seen rapid growth in recent years. Predictions estimate it will increase from $7.74 billion in 2024 to $9.55 billion in 2025. This represents a compound annual growth…
Plant Breeding And CRISPR Plants Market Landscape to 2034: Key Forces Shaping th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant Breeding And CRISPR Plants Market Size By 2025?
In recent years, the market size for plant breeding and CRISPR plants has seen considerable growth. It stands projected to escalate from $13.56 billion in 2024 to a noteworthy $15.5 billion in 2025, boasting a compound…
Soaring Demand Set to Propel Livestock Monitoring Market to $7.14 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In recent times, there has been a significant increase in the livestock monitoring market size. The market, which stands at $3.48 billion in 2024, is projected to rise to $3.94 billion by 2025, depicting a compound annual…
Emerging Trends to Drive Forestry And Logging Market Growth at 7.9% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Forestry And Logging Market Size Growth Forecast: What to Expect by 2025?
The market size for forestry and logging has seen a substantial growth in the past couple of years. It is expected to increase from $980.05 billion in 2024 to $1055.36 billion in 2025, with a compound annual…
More Releases for Multiple
Mango AI's Multiple Face Swap Video Tool Changes Multiple Faces Instantly
In today's digital world, creating eye-catching and unique content is essential for standing out. The ability to swap multiple faces in a single video opens up creative possibilities, whether for personalized content, comedy or parody videos, or engaging social media posts. Mango AI, developed by Mango Animate, is excited to announce the launch of its advanced multiple face swap video (https://mangoanimate.com/ai/multiple-face-swap-video) tool, which is designed to simplify the creation of…
Multiple Sclerosis Drugs Market
Global Multiple Sclerosis Drugs Market Size research report offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
Get a Sample Copy of the Report at - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/100386
Multiple Sclerosis (MS) is an immune-mediated disease affecting the central nervous system. It is characterized by demyelination, inflammation, degenerative changes such as progressive brain and spinal cord atrophy and neuroaxonal…
Massive Multiple Input Multiple Output (MIMO) Market May Set New Growth Story
A Latest intelligence report published by MR Forecast with title "Global Massive Multiple Input Multiple Output (MIMO) Market Outlook to 2032. A detailed study accumulated to offer Latest insights about acute features of the Massive Multiple Input Multiple Output (MIMO) market. This report provides a detailed overview of key factors in the Global Massive Multiple Input Multiple Output (MIMO) Market and factors such as driver, restraint, past and current trends,…
Multiple Sclerosis Drugs Market - Progressing Towards a Cure: Advancing Multiple …
Newark, New Castle, USA: The "Multiple Sclerosis Drugs Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Multiple Sclerosis Drugs Market: https://www.growthplusreports.com/report/multiple-sclerosis-drugs-market/7983
This latest report researches the industry structure,…
Multiple Sclerosis Drugs Market - Empowering Resilience, Embracing Possibilities …
Newark, New Castle, USA - new report, titled Multiple Sclerosis Drugs Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Multiple Sclerosis Drugs market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Multiple Sclerosis Drugs market. The report offers an overview of…
Massive MIMO (Multiple-input multiple-output) Market 2022-2028 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Massive MIMO (Multiple-input multiple-output) industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Massive MIMO (Multiple-input multiple-output) market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Massive MIMO (Multiple-input multiple-output)…
