The global chronic lymphocytic leukemia therapeutics market is expected to create more opportunities in oncology due to promising pipeline and positive clinical data of drug candidates. The existing drugs for the treatment of chronic lymphocytic leukemia is the be most effective treatment. The American Cancer Society, and other regulatory bodies are supporting the chronic lymphocytic leukemia therapeutics market by providing funding and grants. The market is being driven by different factors such as rising awareness for the cancer treatments, high demand for safe and effective medications, technologies advancements, and increasing prevalence of cancer.
Chronic lymphocytic leukemia is a type of gradually developing leukemia that affects the development of B lymphocytes (also known as B cells). On the other hand, B cells are specialized white blood cells, which produce immunoglobulins (also called antibodies) under normal conditions, and help to protect the human body against infections and diseases. In patients with chronic lymphocytic leukemia, lymphocytes undergo a malignant change and become leukemic cells.
The stability of chronic lymphocytic leukemia varies form months to years in a person and shows its impact on their lifestyle and general health. It is estimated that around 30.0% of people, diagnosed with chronic lymphocytic leukemia, do not need any treatment for their disease and can survive for many years despite their diagnosis. In some patients, the leukemic cells multiply rapidly in an uncontrolled manner making them unable to function properly. The abnormal cells get stored in the bone marrow, blood stream, lymph nodes, spleen, liver and other parts of the body for a long period of time. After an exceeded time period, a large number of lymphocytes deposit in the bone marrow and can impact the normal blood cell production. The bone marrow produces an insufficient number of red cells, whereas white blood cells and platelets are normal. This makes the patient more susceptible to anemia, recurrent infections and bruising and bleeding.
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The chronic lymphocytic leukemia is more prevalent in North America, making the region to be the largest revenue contributor, globally. The U.S. contributed the largest revenue to the North American market in year 2016, and it is expected to remain the largest market across the globe, during the forecast period.
Some of the key players operating in the chronic lymphocytic leukemia therapeutics market are GlaxoSmithKline plc, F. Hoffmann-La Roche AG, Celgene Corporation, Biogen Inc., AbbVie, Inc., Teva Pharmaceuticals Limited, Gilead Sciences, Inc., Novartis AG, and Johnson & Johnson.
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