Coherent Market Insights published a report, titled, “Chronic Lymphocytic Leukemia Therapeutics Market, by Drug (Idelalisib (Zydelig), Venetoclax (Venclexta), Ibrutinib (Imbruvica), Ofatumumab (Arzerra), Fludarabine (Fludara), Obinutuzumab (Gazyva), Bendamustine Hydrochloride (Treanda), and Others) and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa ) – Size, Share, Outlook, and Opportunity Analysis, 2023-2030”
Chronic lymphocytic leukemia (CLL) is a common type of leukemia in adults that is marked by excessive proliferation of abnormal white blood cells. Generally, it occurs when bone marrow produces damaged lymphocytes that causes dysfunctional in production of antibodies and ultimately lost the ability to fight against infections.
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The rise in cases of chronic lymphocytic leukemia therapeutics is expected to accelerate the market growth in the forecast period. Additionally, the multiple treatment landscape and family history of chronic lymphocytic leukemia therapeutics will also foster the market growth. However, the high treatment cost is projected to restrain the market growth rate.
In addition, the emerging markets and huge investment in research and development are likely to create various new opportunities that will impact this chronic lymphocytic leukemia therapeutics market growth in the forecast period. The multiple patent expiration are estimated to challenge the market’s growth.
Chronic Lymphocytic Leukemia Therapeutics Market – Drivers
The high mortality rate of CLL and its significant prevalence highlight the unmet market demand for improved treatments. The American Cancer Society (ACS) predicts that there will be 4,660 deaths from chronic lymphocytic leukaemia and 20,110 new cases of the disease in the United States in 2017. The need for medicines for chronic lymphocytic leukaemia is also anticipated to rise due to the high prevalence of CLL in the geriatric population. Around 901 million people worldwide were over the age of 60 in 2015, and the United Nations estimates that figure will increase to 1.4 billion by 2030 and 2.1 billion by 2050.
Nevertheless, ongoing research and development could lead to the creation of novel anti-malarial therapies that address variables such a weakened immune system, genetic predispositions, and viruses. Consequently anticipated to fuel market expansion during the anticipated timeframe.
In addition, rising comorbidity rates, particularly among the elderly population, and the introduction of novel pipeline medications are significant drivers of the chronic lymphocytic leukaemia treatments market. As an illustration, on December 8, 2015, the FDA approved Bendeka injection, which was produced in partnership by Teva Pharmaceuticals Industries Ltd. and Eagle Pharmaceuticals Inc., for the treatment of patients with CLL and indolent B-cell NHL who had progressed during or within six months of receiving rituximab or a regimen containing the drug.
📚Some of the key players profiled in the study are: F. Hoffmann-La Roche Ltd, Novartis International AG, GlaxoSmithKline Pharmaceuticals Limited, Celgene Corporation, Genmab A/S, Abbvie Inc. Teva Pharmaceutical Industries Ltd., Biogen Idec, AstraZeneca plc, Arno Therapeutics, Genzyme Corporation, Gilead Sciences INC., and others.
Chronic Lymphocytic Leukemia Therapeutics Market Taxonomy
- Bendamustine Hydrochloride (Treanda)
- Idelalisib (Zydelig)
- Venetoclax (Venclexta)
- Ibrutinib (Imbruvica)
- Ofatumumab (Arzerra)
- Fludarabine (Fludara)
- Obinutuzumab (Gazyva)
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- North America
- Latin America
- Asia Pacific
- Middle East
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