European Multiple Myeloma Therapeutics Market Analysis Report by Market Data Forecast.
Multiple myeloma is a blood disorder related to leukemia and lymphoma, since it generally arises in bone marrow. In multiple myeloma, some white blood cells begin to generate abnormally within the bone marrow. Multiple myeloma majorly affects kidney, bone and blood. Patients suffering from multiple myeloma generally show several symptoms such as fatigue, loss of appetite, bone pain and increased urination.
Currently, multiple myeloma is considered incurable; however, various treatments are efficient in slowing down development of disease in the body. Initial therapy to treat the disease is known as induction therapy. Due to failed outcomes of the currently available medication, there is a high demand for effective treatment strategies to offset therapeutic dissatisfaction and increase life expectancies of patients.
The report provides a detailed analysis of drivers and constraints that controls growth of the market. Some of the drivers are:
• Increasing investment in R&D.
• Lack of availability of proper drugs.
• Increasing geriatric population and prevalence of disease.
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For better understanding Multiple Myeloma Therapeutics Market is segmented by treatment type, and drug type. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
he Europe Multiple Myeloma Therapeutics Market is segmented on the basis of Treatment Type into Chemotherapy which is further segmented into Anthracycline Antibiotic (Melphalan (Alkeran), Liposomal doxorubicin (Doxil)) and Alkylating agent (Doxorubicin (Adriamycin), Cyclophosphamide (Neosar), Vincristine (Oncovin), Carmustine (BiCNU)) and Targeted Therapy ( Proteasome Inhibitor (Bortezomib (Velcade), Carfilzomib (Kyprolis)), by Drug Type into Corticosteroids (Dexamethasone (Decadron), Prednisone (Deltasone/Orasone)) and Immunomodulatory Agents (Thalidomide (Thalomid), Lenalidomide (Revlimid), Arsenic trioxide (Trisenox), Plerixafor (Mozobil)). With the advancement in technology targeted therapy is on a high growth due to its advantages over chemotherapy such as lesser side effects.
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Geographically, market is analyzed under various regions namely, Germany, Italy, France, Spain and U.K. France is the largest market for multiple myeloma therapeutics in the European region
Some of the key contributors in the industry include AB Science SA, AbbVie Inc., Ablynx NV, Acceleron Pharma Inc., IGF Oncology LLC. , ImmunGene Inc., Millennium Pharmaceuticals Inc., MimiVax LLC, Mirna Therapeutics, RedHill Biopharma Ltd., Rhizen Pharmaceuticals S.A., Terpenoid Therapeutics Inc. ,Teva Pharmaceutical Industries Ltd. ,TG Therapeutics Inc. and Johnson and Johnson. Darzalex a drug manufactured by Johnson and Johnson has got FDA approval and it can be injected to patients who have received at least three prior lines of therapy.
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The Europe Multiple Myeloma Therapeutics Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of European region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of treatment type and drug type along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.
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