The Latin America Leukemia Therapeutics market has been estimated at USD 0.56 Billion in 2016 and is projected to reach USD 0.93 Billion by 2021, at a CAGR of 10.7% during the forecast period from 2016 to 2021. Leukemia is a type of blood cancer resulting in the abnormal production of blood cells, generally white blood cells. There are several types of leukemia that appear suddenly and progress rapidly over days to weeks. Others are less apparent and progress slowly over months to years. It can be identified by the spread of the diseases and by the type of the blood cell that is affected.
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The market in Latin America for Leukemia Therapeutics is driving mainly due to factors like increasing geriatric population base and high prevalence of leukemia, along with increasing awareness in people regarding new treatments and drugs which is being made possible with recent breakthroughs. But the market growth can dip due to extremely high cost of drugs and therapies.
Latin America market for Leukemia Therapeutics is segmented based on disease condition, diagnosis, treatments and drugs. By disease condition, the market is further sub-segmented into chronic lymphatic leukemia, acute lymphatic leukemia, chronic myeloid leukemia and acute myeloid leukemia. By diagnosis, the market is further sub-segmented into CT scan, biopsy and MRI. By treatments, the market is further sub-segmented into chemotherapy, radiation therapy, immunotherapy, surgery, targeted therapy, bone marrow transplant and stem cell therapy. By drugs, the market is further sub-segmented into Gleevec, Sapacitabine, GA101, Vasaroxine, Tosedosat. By disease condition, chronic myeloid leukemia dominated the overall therapeutic market owing to high prevalence rate. Stem cell therapy and bone marrow transplant are the emerging trends in leukemia therapeutic market. Gleevec was the one of the major market growth contributors, in the drugs category.
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Geographically, Latin America market for Leukemia Therapeutics is segmented into Brazil, Argentina and Mexico. Due to rising awareness for healthcare among the population in developing nations of this region, there is quite an increase in the penetration of companies into this segment, as well as regional market in Latin America.
F.Hoffmann-La Roche Ltd, GlaxoSmithKline Pharmaceuticals Limited , Novartis International AG, Bristol-Myers Squibb , Eisai Co. Ltd, Biogen Idec , ERYtech Pharma , Celgene Corporation, Genmab A/S, Cephalon Inc., Clavis Pharma, and Pfizer Inc. are the major players of Latin America Leukemia Therapeutics market.
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