The Global Lymphoma Market is expected to grow at a significant rate over the forecast period. Rising prevalence of various types of lymphoma and high amount of R&D for development of novel drugs are the major factors driving the growth. In addition, other factors such as a rise in healthcare expenditure levels, established healthcare infrastructure, increase in health conscious population and rising government awareness programs are estimated to boost the market growth in coming six years.
Rising prevalence of lymphoma is considered as the highest rendering factor pertaining to market growth. According to the data published by the American Cancer Society, 79990 new cases of lymphomas were diagnosed in 2014 and around 20170 people are expected to die from this disease till 2016.
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Asia Pacific region is expected to witness the fastest growth over the decade owing to rising incidences of lymphoma, growing patient awareness levels and its treatment, and increasing population base. In emerging countries such as India and China, increasing disposable income level, improving healthcare infrastructure and growing number of drug manufacturing companies is anticipated to further accentuate the market growth in this region.
The major players in the industry are Abbott Laboratories, Bristol-Myers Squibb Company, Eli Lilly and Company, Heron Therapeutics, ABIOGEN PHARMA S.p.A, Aeterna Zentaris Inc., Barr Laboratories, Johnson and Johnson, Baxter Healthcare, and Merck & Co. Inc.
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