Press release
Key Factor Supporting Mantle Cell Lymphoma Therapeutics Market Development in 2025: The Surge In Mantle Cell Lymphoma Prevalence Driving Growth In Therapeutics Market
Mantle Cell Lymphoma Therapeutics
How Large Will the Mantle Cell Lymphoma Therapeutics Market Size By 2025?
The market size of therapeutics for mantle cell lymphoma has seen a steady uptick in the past few years. It is anticipated to enhance from $2.42 billion in 2024 to $2.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. The growth during the historical period can be connected to advancements in research, successful clinical trials, upgraded diagnostic tools, broadened access to treatment, and collective research endeavors.
How Big Is the Mantle Cell Lymphoma Therapeutics Market Size Expected to Grow by 2029?
Strong expansion in the mantle cell lymphoma therapeutics market is anticipated in the coming years; it is predicted to increase to "$3.56 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 8.0%. The predicted surge during the forecast period is due to the advancement in targeted treatments, emergence of innovative immunotherapies, the rise in personalized medicine, worldwide market growth, and escalating incidence rates. Key trends in the forecast period encompass advancements in immunotherapy, precision medicine innovation, biomarker growth, targeted therapies aimed at specific pathways, combination therapies, and the adoption of artificial intelligence (AI).
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Which Key Market Drivers Powering Mantle Cell Lymphoma Therapeutics Market Expansion and Growth?
The increasing occurrence of mantle cell lymphoma is anticipated to boost the expansion of the market for mantle cell lymphoma therapeutics in the future. Mantle cell lymphoma (MCL) is a variant of non-Hodgkin lymphoma (NHL), a cancer that impacts the lymphatic system. Therapeutics for Mantle Cell Lymphoma assists in limiting the disease's frequency by providing treatment and management for the condition while enhancing patient outcomes, extending survival rates, and diminishing the disease's impact. For example, in December 2022, the National Library of Medicine, a biomedical library overseen by the United States Federal Government, reported that the yearly incidence of mantle cell lymphoma is one in a percentage of 200,000 individuals, making up 5% of all non-Hodgkins lymphomas. Therefore, the escalating prevalence of mantle cell lymphoma is fuelling the development of the mantle cell lymphoma therapeutics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Mantle Cell Lymphoma Therapeutics Market?
Targeted drug development is a significant trend in the mantle cell lymphoma therapeutics market. In March 2023, UK-based AstraZeneca secured approval from China's NMPA for Calquence (acalabrutinib), a selective BTK inhibitor intended to offer an effective and well-tolerated therapy for adult patients with mantle cell lymphoma.
What Are the Emerging Segments in the Mantle Cell Lymphoma Therapeutics Market?
The mantle cell lymphoma therapeutics market covered in this report is segmented -
1) By Type: Combination Therapy, Monotherapy
2) By Mechanism of Action: Bruton Tyrosine Kinase Inhibitors, Alkylating Agents, Deoxyribonucleic Acid Synthesis Inhibitors, Microtubule Inhibitors, Monoclonal Antibodies, Other Mechanisms
3) By Route of Administration: Oral, Parenteral
4) By Application: Hospital, Research Institute, Other Applications
Subsegments:
1) By Combination Therapy: Chemotherapy Combinations, Targeted Therapy Combinations, Immunotherapy Combinations
2) By Monotherapy: Single-Agent Chemotherapy, Targeted Therapy Monotherapy, Immunotherapy Monotherapy
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Who Are the Global Leaders in the Mantle Cell Lymphoma Therapeutics Market?
Major companies operating in the mantle cell lymphoma therapeutics market include AstraZeneca plc, Celgene Corporation, Johnson & Johnson Consumer Inc., Takeda Pharmaceutical Company Limited, Bayer Aktiengesellschaft, Eli Lilly and Company, Amgen Inc., GlaxoSmithKline plc, Kite Pharma Inc., Gilead Sciences Inc., AbbVie Inc., Bristol-Myers Squibb Company, Novartis AG, Merck & Co. Inc., Massive Bio Inc., Juno Therapeutics Inc., Nurix Therapeutics Inc., Janssen Biotech Inc., TG Therapeutics Inc., F. Hoffmann-La Roche AG, Astex Pharmaceuticals Inc., Astellas Pharma Inc., BeiGene Ltd., Daiichi Sankyo Company Limited, Eisai Co. Ltd., Exelixis Inc., Hutchison China MediTech Limited, Incyte Corporation, Ionis Pharmaceuticals Inc.
Which are the Top Profitable Regional Markets for the Mantle Cell Lymphoma Therapeutics Industry?
North America was the largest region in the global mantle cell lymphoma therapeutics market in 2024. The regions covered in the mantle cell lymphoma therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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