Latest industry research report on Leukemia Therapeutics Market. Leukemia is a burgeoning blood cancer that forms in the bone marrow and eventually leads to the uncontrolled growth of blood cells. Amid other cancer types, Leukemia is emerging as a life impinging threat, globally.
According to the National Cancer Institute (NCI), leukemia would account for about 24.450 deaths in U.S., in 2015. Furthermore, there were 318,389 leukemia patients in the U.S. in 2012 with about 54,270 new cases anticipated in 2015. Rising incidences and high mortality rates caused by leukemia have created an indispensable need for leukemia therapeutics in the market.
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While the market is regularly flooded with breakthrough treatments, there still exists an unmet medical need in the market. The leukemia therapeutics market would continue to linger in the spotlight, primarily due to rising incidences of leukemia, strong developing pipeline and targeted drug delivery. However, the limited availability of treatment and erosion by generics is likely to curtail the market growth.
The lack of early diagnosis and awareness among public are leading challenges in the market. Moreover, redefining the drug lifecycle roadmap is a major challenge for drug innovators. However, breakthrough therapy designations and accelerated approvals granted by regulatory bodies such as FDA, would provide lucrative market opportunities for the drug innovators.
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The Global Leukemia Therapeutics market segmentation is illustrated below:
Leukemia Therapeutics Market By Type
- Biological Therapy
- Radiation therapy
- Targeted therapy
Leukemia Therapeutics Market By Geography
- United States
- Rest of Europe
- Rest of Asia
- Latin America
- Middle East & Africa