The global leukemia therapeutics market size is projected to reach USD 27.78 billion by 2027, exhibiting a CAGR of 8.1% during the forecast period. The increasing demand for enhanced treatments for blood cancers amid the COVID-19 pandemic will accelerate the market, states Fortune Business Insights™ in its report, titled “Leukemia Therapeutics Market Size, Share & Industry Analysis, By Type of Leukemia (Chronic Myeloid Leukemia (CML), Chronic Lymphocytic Leukemia (CLL), Acute Lymphocytic Leukemia (ALL), Acute Myeloid Leukemia (AML), and Others), By Treatment Type (Chemotherapy, Targeted Therapy, Immunotherapy, and Others), By Route of Administration (Oral Mode and Injectable Mode), By Distribution Channels (Hospital Pharmacy, Retail Pharmacy, and Others), and Regional Forecast, 2020-2027”.
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North America to Foster Stable Market Growth Backed by High Healthcare Expenditure
North America is expected to dominate the leukemia therapeutics market share during the forecast period as the USA and Canada have sharply increased their spending on healthcare technologies and infrastructure in the past few decades. Moreover, policymakers in the two countries are taking constant efforts to expand healthcare coverage, especially for cancer patients. In 2019, the region’s market size stood at USD 6.92 billion.
Europe is poised to emerge as the second-largest market for leukemia therapeutics due to the increasing number of leukemia patients in the continent. In the UK, for instance, leukemia accounted for 3% of all cancer cases in the country in 2017, according to Cancer Research UK. The market in Asia Pacific, on the other hand, will experience prolific growth owing to the improving health reimbursement policies in China and India.
List of Key Companies Covered in the Leukemia Therapeutics Market Report:
- Sanofi/ Genzyme Corporation (Paris, France)
- Hoffmann-La Roche (Basel, Switzerland)
- Johnson & Johnson Services, Inc. (New Brunswick, U.S.)
- Amgen Inc. (Thousand Oaks, U.S.)
- Novartis (Basel, Switzerland)
- Takeda Pharmaceutical Co Ltd (Tokyo, Japan)
- Bristol-Myers Squibb (New York, U.S.)
- AbbVie (North Chicago, U.S.)
- Lupin Ltd. (India, Mumbai)
- Pfizer Inc. (New York, U.S.)
Continued. . .
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