The global multiple myeloma market size is projected to reach USD 31 billion by the end of 2026. The high prevalence of the disease will emerge in favor of the companies operating in the market. According to a report published by Fortune Business Insights, titled “Multiple Myeloma Market Size, Share & Industry Analysis, By Drug Class (Immunomodulators, Proteasome Inhibitor, Anti-CD38 Monoclonal Antibody, Alkylating Agents, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies & Drug Stores, Online Pharmacies), and Regional Forecast, 2019-2026,” the market was worth USD 19.48 billion in 2018 and will exhibit a CAGR of 6.0% during the forecast period, 2019-2026.
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Multiple myeloma is a rare form of cancer that has a direct impact on the blood in the human body. Due to the effects of blood disorders, there has been a huge emphasis on the development of drugs associated with the treatment of the disease. The increasing investment in the R&D of products by large scale companies across the world will bode well for the market in recent years. Advances in ongoing clinical trials associated with the treatment of the disease, will open up a huge potential for the companies operating in the market. The presence of several large scale companies will bode well for the market in the foreseeable future.
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Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
A few of the leading companies that are operating in the global multiple myeloma market include:
- Takeda Pharmaceutical Company Limited
- Novartis AG
- Teva Pharmaceutical Industries Ltd.
- Bristol Myers Squibb Company
- Amgen Inc.
- ONO PHARMACEUTICAL CO., LTD.
- Janssen Pharmaceuticals, Inc.
- Genentech, Inc. (F. Hoffmann-La Roche Ltd)
- CELGENE CORPORATION (Bristol Myers Squibb Company)
- AbbVie Inc.
- Sanofi
- Karyopharm
- Others
DRIVER RESTRAINTS:
Increasing Investment in Product R&D Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, high investment in research and development of newer products has made a huge impact on the growth of the overall market. In April 2019, the ‘Multiple Myeloma Research Foundation’ announced the launch of a new investment fund for the treatment options in multiple myeloma. The MMRF introduced ‘Myeloma Investment Fund’ foe the development of clinical trials of ongoing drugs associated with the treatment of the disease. This investment will have a massive impact on the growth of the overall market in the coming years.
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TABLE OF CONTENTS:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Prevalence of Multiple Myeloma – by Key Countries – 2018
- Pipeline Analysis
- Key Industry Developments
- Regulatory Scenario, by Key Regions
- Analysis Of Economic Burden of Multiple Myeloma Treatment
- New Product Launches
- Overview of Emerging Treatments for Multiple Myeloma
- Global Multiple Myeloma Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Drug Class
- Immunomodulators
- Proteasome Inhibitor
- Anti-CD38 Monoclonal Antibody
- Alkylating Agents
- Others
Toc Continue…..
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