Myelodysplastic syndrome (MDS) is known to be a group of cancer that affects the immature blood cells found in bone marrow. The syndrome has various forms and they are diagnosed depending on specific changes in the blood cells as well as bone marrow. Myelodysplastic syndromes are considered rare blood cancer types that lack healthy blood cells. In some cases, the bone marrow cells are found to be abnormal or dysplastic and incapable of making new blood cells. Such bone marrow create defective blood cells, which die very quickly compared to normal cells. The cases of myelodysplatic syndrome are increasing across the globe, which is driving the market growth.
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The number R&D activities for new drug treatment is increasing all over the world and it is expected to propel growth of the global myelodysplastic syndrome treatment market during the forecast period. For instance, OncLive Peer Exchange, in December 2021, revealed insights on the most recently approved Myelodysplastic syndrome agents by the U.S. Food and Drug Administration (FDA). These agents also included decitabine and luspatercept, which received approval in 2020.
Furthermore, the U.S. FDA granted approval to Reblozyl the only Erythoid Maturation Agent developed for treating anemia in patients with Lower-risk MDS.
Moreover, market players are increasingly adopting various growth strategies such as agreements and collaborations as well as investment in R&D for MDS specific drugs, which is likely to boost growth of the global myelodysplastic syndrome treatment market during the forecast period. For instance, in December 2018, Celgence Corporation and Acceleron Pharma Inc. in collaboration revealed the result from Phase III Medalist trila.
As per the Celgene, a pharmaceutical firm announced to focus on research and development for targeting therapeutic antibodies and medications for innate immune system for treating MDS.
Impact of COVID-19:
The outbreak of coronavirus negatively impacted the global myelodysplastic syndrome treatment market. Many countries went under nationwide lockdowns to control the virus spread. Under these lockdown regulations various market activities were disrupted. Manufacturing and supply chains were obstructed during the pandemic. As transportation in pharmaceutical industry was also disrupted, the drug supply for treatment of MDS declined. Due to this, the market witnessed adverse impact of the COVID-19 epidemic.
North America is anticipated to witness high growth in the global myelodysplastic syndrome treatment market during the forecast period. This growth can be attributed to growing number of myelodysplastic syndrome cases in the region. For instance, as per the National Center for Biotechnology Information data, MDS affected 20,000 people in the U.S. in 2021. The disease prevalence is estimated to be 60,000 to 170,000 patients in the country.
Key players active in the global myelodysplastic syndrome treatment market are Geron, Celgene Corporation, Onconova Therapeutics Inc., Otsuka Pharmaceutical Co., Ltd., FibroGen Inc., Teva Pharmaceutical Industries Ltd., Aprea Therapeutics, Sun Pharmaceutical Industries Limited, Acceleron Pharma, Inc., Dr. Reddy’s Laboratories Ltd., Cipla Limited, and Mylan NV.
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February 2022, Syros Pharmaceuticals received orphan drug designation (ODD) from the U.S. Food and Drug Administration (FDA) for its tamibarotene, an oral treatment for MDS and the treatment is in Phase 3 SELECT-MIDS-1 trial for analysis with azacitidine.
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☑ It attempts an analysis of the competing scenario.
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Myelodysplastic Syndrome (MDS) Treatment Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Myelodysplastic Syndrome (MDS) Treatment Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Myelodysplastic Syndrome (MDS) Treatment Industry Impact
Chapter 2 Global Myelodysplastic Syndrome (MDS) Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global Myelodysplastic Syndrome (MDS) Treatment (Volume and Value) by Type
2.3 Global Myelodysplastic Syndrome (MDS) Treatment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Myelodysplastic Syndrome (MDS) Treatment Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 6 East Asia Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 7 Europe Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 8 South Asia Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 9 Southeast Asia Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 10 Middle East Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 11 Africa Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 12 Oceania Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 13 South America Myelodysplastic Syndrome (MDS) Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in Myelodysplastic Syndrome (MDS) Treatment Business
Chapter 15 Global Myelodysplastic Syndrome (MDS) Treatment Market Forecast (2022-2028)
Chapter 16 Conclusions
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