China Acute Myeloid Leukemia Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023-30. The ageing population, higher drug approval rates, the designation of acute myeloid leukaemia as an orphan disease, and rising healthcare costs are anticipated to drive the market. One of the factors accelerating the market's growth is the technological advancement made possible by the capacity to recognise damaged cells. Major global players in Acute Myeloid Leukemia Market are Ambit Biosciences Corporation, Genzyme Corporation, Celgene Corporation, Clavis Pharma ASA, Sunesis Pharmaceuticals, Cephalon, Bristol-Myers Squibb, Novartis International AG, GlaxoSmithKline.
China Acute Myeloid Leukemia Market is valued at around $92.4 Mn in 2022 and is projected to reach $255.01 Mn by 2030, exhibiting a CAGR of 13.53% during the forecast period 2023-2030.
Acute myelogenous leukaemia (AML) is a malignancy of the blood and bone marrow, the spongy tissue found inside bones that is responsible for producing blood cells. The word "acute" in acute myelogenous leukaemia refers to the illness' quick development. Myeloid cells, a subset of white blood cells that typically mature into other types of mature blood cells such red blood cells, white blood cells, and platelets, are what give myelogenous leukaemia its name (my-uh-LOHJ-uh-nus). Other names for acute myelogenous leukaemia include acute granulocytic leukaemia, acute myeloblastic leukaemia, acute nonlymphocytic leukaemia, and acute myeloid leukaemia. Acute myeloid leukaemia (AML) begins in the bone marrow, which is the soft interior of some bones and the site of new blood cell production, but it frequently spreads swiftly into the circulation as well. It can occasionally spread to the lymph nodes, liver, spleen, testicles, central nervous system (brain and spinal cord), and other organs of the body.
The ageing population, higher drug approval rates, the designation of acute myeloid leukaemia as an orphan disease, and rising healthcare costs are anticipated to drive the market. One of the factors accelerating the market's growth is the technological advancement made possible by the capacity to recognise damaged cells. Major global players in Acute Myeloid Leukemia Market are Ambit Biosciences Corporation, Genzyme Corporation, Celgene Corporation, Clavis Pharma ASA, Sunesis Pharmaceuticals, Cephalon, Bristol-Myers Squibb, Novartis International AG, GlaxoSmithKline.
Market Drivers
The primary factors driving this market's growth are the high incidence and prevalence of acute myeloid leukaemia, advances in pharmacology and molecular biology to enable drug discovery, and increased pharmaceutical firm investment in research and development. According to the American Cancer Society, there will be 60,650 new instances of leukaemia cancer in the US in 2022, and 24,000 of those cases will result in fatalities. The same source also predicts that in 2022, there will be 20,050 new cases of acute myeloid leukaemia (AML) in the US. The use of AML therapies will increase as a result. It is projected that the rising prevalence of AML in industrialised countries like the US will drive the growth of this market. Furthermore, more clinical studies are being undertaken to show the efficiency of pharmaceuticals as a result of the expanding investment in research and development. It will boost the market.
Market Restraints
The high cost of therapeutic equipment and likely side effects represent a substantial commercial constraint. The market for treatments for Acute Myeloid Leukaemia (AML) encounters challenges due to inconsistent reimbursement policies and stringent product approval regulations.
Key players
Novartis Bristol Myers Squibb Johnson & Johnson AbbVie Amgen Celgene Pfizer Roche Sanofi Takeda Pharmaceutical Company1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Chemotherapy:
By Route of Administration:
By End Users:
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