Global Non - Hodgkin Lymphoma Therapeutics Market Size study & Forecast, by Type of Therapy (Immunotherapy, Chemotherapy, Targeted Therapy and Others) by Disease Type (B- Cell Lymphoma and T-cell Lymphoma), by Distribution Channel (Hospitals, Retail Pharmacies, Others) and Regional Analysis, 2022-2029
Global Non - Hodgkin Lymphoma Therapeutics Market is valued at approximately USD 8.33 billion in 2021 and is anticipated to grow with a healthy growth rate of around 8.50% over the forecast period 2022-2029. Non- Hodgkin lymphoma (NHL) is a condition where abnormal lymphocytes are produced in the human body. These lymphocytes do not die and keep growing and dividing within the body unless treated. NHL is generally located at lymph nodes, however, if not treated in time, then it might spread to the entire lymphatic system. The Non- Hodgkin lymphoma therapeutics market is subdivided on basis of type, treatment type, route of administration, distribution channel and end user. The market growth of industries will get inspected from the growth of these segments and help the users to overview you the market insights and helps to make decisions for classifying core market application.
Increasing events of Non-Hodgkin Lymphomas lead to Market Growth and are the current trends of higher prevalence of almost all types of cancer which also includes several types of NHL The need for better clinical and remedial results for the patients for non-Hodgkin lymphoma where the disease has become refractory or deteriorated is a critical driving factor. Ongoing and increased R&D activity in the development of efficient therapeutics for a number of types of NHL are one of the key driving factors. Along with an increasing investment by market players also a factor for long term growth. The rising demand for oral drugs has also contributed to the market growth where most products are available in capsule and tablet form.
Increased cost of approved Therapeutics in Emerging countries leads to curb the Adoption of advanced Therapeutics. The non-Hodgkin lymphoma treatment market growth is affected by the high cost imputed to certain types of therapies like immunotherapies. Lack of trained professionals who are unaware of the knowledge of the treatment methods for this disease could curb the growth of the global non-Hodgkin lymphoma market over a forecast period.
As Health Awareness increasing among the population also indicates a major boost to the market growth. According to the American Cancer Society, non-Hodgkin lymphoma is estimated to be around 80, 470. The Highest rates are likely to be in the age group between 80-84 years for females and 85-89 years for males. The need for better clinical are required more and more to treat the patients effectively which drives the market growth.
The key regions considered for the Global Non - Hodgkin Lymphoma Therapeutics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market due to high prevalence and awareness of all forms of cancer including various blood cancers such as non-Hodgkin’s lymphoma. These led to adoption of expensive form of therapies for treatment of NHL such as immunotherapies. Asia Pacific is going to be the fastest growing market in the forecasted period, Japan in Asia Pacific has approved the expensive therapeutics such as KYMRIAH which holds strong population base and well contribute in the Asia Pacific market growth.
Major market player included in this report are:
Takeda Pharmaceutical Company Limited
AstraZeneca plc
Bayer AG
Novartis AG
Kyowa Kirin Co. Ltd.
Bristol Myers Squibb Company
Janssen Pharmaceuticals Inc.
Merck & Co., Inc.
Sanofi India
AbbVie Inc.
Recent Developments in the Market:
April 2021 – Kyowa Kirin Co., Ltd. and MEI Pharma Inc. announced the completion of patient enrollment in the global Phase 2 TIDAL study in the primary efficacy follicular lymphoma population.
April 2021 – Kyowa Kirin Co., Ltd. and MEI Pharma Inc. announced the completion of patient enrollment in the gl primary efficacy population for follicular lymphoma. February 2021 – Bristol-Myers Squibb Company Receives FDA Approval of CAR T-Cell Therapy Breyanzi for the Treatment of Large B-Cell Lymphoma in Patients Who Relapsed After Two Other Systematic Treatments or Responded to Previous Therapy announced that it had received Treatment has not been addressed.
December 2020 – AstraZeneca announced that Calquence, an anti-cancer drug used to treat patients with mantle cell lymphoma, has shown positive responses in a Phase 2 clinical trial.
Global Non - Hodgkin Lymphoma Therapeutics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered By Therapy, Disease Type, Distribution channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Therapy:
Immunotherapy
Targeted Therapy
Chemotherapy
Others
By Disease Type:
B-cell Lymphoma
T-cell Lymphoma
By Distribution Channel:
Hospitals
Retail Pharmacies
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Takeda Pharmaceutical Company Limited
AstraZeneca plc
Bayer AG
Novartis AG
Kyowa Kirin Co. Ltd.
Bristol Myers Squibb Company
Janssen Pharmaceuticals Inc.
Merck & Co., Inc.
Sanofi India
AbbVie Inc.
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