IMARC Group, a leading market research company, has recently released a report titled “Myelofibrosis Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” The study provides a detailed analysis of the industry, including the global myelofibrosis treatment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is the market for myelofibrosis treatment?
The global myelofibrosis treatment market size reached US$ 642.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 881.2 Million by 2027, exhibiting a growth rate (CAGR) of 5.32% during 2022-2027.
What is myelofibrosis?
Myelofibrosis refers to a chronic leukemia disease that affects the blood-forming tissues in the body. It increases the risk of bleeding, which leads to weakness, fatigue, severe anemia, extensive scarring in the bone marrow, etc. Myelofibrosis is diagnosed through physical examination, blood tests, imaging tests, human leukocyte antigen (HLA) typing, bone marrow tests, etc. Depending on the symptoms of the patient, numerous methods of treating myelofibrosis are available, such as surgical interventions, radiation therapy, targeted drug therapy, chemotherapy, stem cell transplantation, etc.
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Market Trends and Drivers:
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The increasing occurrences of numerous risk factors, such as thrombocythemia, polycythemia vera, exposure to industrial chemicals, etc., are primarily driving the need for myelofibrosis treatment. Besides this, the growing geriatric population, who are more susceptible to myelofibrosis, is also catalyzing the market growth. Furthermore, the rising popularity of new drugs that assist in minimizing blood volume and relieving chronic symptoms, such as an enlarged spleen, itching, bone pain, etc., is propelling the treatment demand. In addition to this, the escalating investments in R&D activities pertaining to numerous advancements in disease treatment will continue to drive the global market in the coming years.
Myelofibrosis Treatment Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global myelofibrosis treatment market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- AllCells LLC
- American Type Culture Collection Inc
- Amgen Inc
- Bristol-Myers Squibb Company
- Eli Lilly and Company
- Hoffmann-La Roche AG
- Gilead Sciences Inc.
- Incyte Corporation
- Merck & Co. Inc.
- Novartis AG
Key Market Segmentation:
The report has segmented the global myelofibrosis treatment market on the basis of drug type, treatment type, end user and region.
Breakup by Drug Type:
- Hydroxyurea
- Immunomodulators
- JAK Inhibitor
- Others
Treatment Type:
- Blood Transfusion
- Chemotherapy
- Androgen Therapy
- Stem Cell/Bone Marrow Transplantation
- Others
End User:
- Hospitals and Clinics
- Bone Marrow Transplant Centres
- Others
Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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