Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market Analysis

Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market Analysis


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The Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market was valued at US $5 Mn in 2022, and is predicted to grow at (CAGR) of 8% from 2023 to 2030, to US $10 Mn by 2030. The key drivers of this industry include a surge in the incidence of acute lymphocytic leukemia cases, technological advancements, increased government funding initiatives, and other factors. The industry is primarily dominated by players such as Pfizer, Novartis, Kotra Pharma, Duopharma among other players

ID: IN10MYPH423 CATEGORY: Pharmaceuticals GEOGRAPHY: Malaysia AUTHOR: Riddhi Solanki

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Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market Analysis

The Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market is at around US $5 Mn in 2022 and is projected to reach US $10 Mn in 2030, exhibiting a CAGR of 8% during the forecast period.

Acute lymphocytic leukemia (ALL) is a type of blood and bone marrow cancer that affects lymphocytes, which are white blood cells that help the immune system combat infections. Immature lymphocytes, known as lymphoblasts, rapidly develop in this disease, resulting in accumulation of dedifferentiated lymphocytes. Recurrent infections, breathing difficulties, weight loss, bone pain, fever, and other symptoms are common. ALL requires a comprehensive and lengthy treatment approach that includes chemotherapy, targeted treatments, CAR-T cell immunotherapy, and, in rare instances, stem cell transplantation. These breakthroughs in treatment considerably improve the prospects of cure, often achieving significant success rates of around 80%.

According to estimates, the overall incidence of ALL is highest in paediatric cases with an incident rate of 2.8, and that of adults is 0.5 in Malaysia. The market is therefore driven by major factors like the surge in incidence of ALL cases, technological advancements like multicentric trials, and increased government funding in the therapeutics industry. However, conditions such as high treatment costs, shortages of human resources, and others hinder the growth and potential of the market.

Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market Report 2022 to 2030

Market Dynamics

Market Growth Drivers

Increased cases of ALL: In Malaysia, the overall incidence of ALL is highest in the pediatric population with an IR of 2.8 as compared to adults with an IR of 0.5. This surge in childhood ALL acts as a driving factor for market expansion.

Increased government initiatives: The Malaysian government is actively engaging in reforms to support cost-effective and clinically effective treatment to paediatric and adult ALL patients. It has launched the National Strategic Plan for Cancer Control (NSPCC) to address treatment issues in cancer, including ALL.

Technological advancement and collaborations: Malaysia is involved in several global and multicentric trials and is also a member of the Asia-Pacific Leukemia Consortium, which is an innovative and collaborative effort to improve Leukemia care. It has initiated several R&D activities, such as the approval of the drugs Polivy and Blinatumomab, which fuel the market expansion

Market Restraints

Limited access: There's a need for focused care for underprivileged children, addressing sociodemographic and socioeconomic gaps. The public health insurance system remains insufficiently developed. In numerous regions of Malaysia, access to and affordability of leukemia treatment are challenging. For example, Kymriah, which is the only CAR-T cell-approved therapy, is unavailable for Malaysian patients.

High costs and insurance coverage: There are challenges concerning the accessibility and affordability of laboratory tests. Numerous families face difficulties affording the required laboratory studies necessary for optimal risk-oriented therapy, including mutation mapping analyses and measurable residual disease testing, potentially surpassing the financial means of many patients and the limits of their healthcare coverage.

Shortage of professionals: Malaysia faces a shortage of sufficient facilities and trained healthcare staff that can restrain the growth of the market.

Healthcare Policies and Regulatory Landscape

Malaysia's healthcare policy and regulatory framework involve various significant authorities and agencies. The primary entity responsible for healthcare regulations and licensing in Malaysia is the Ministry of Health (MOH). The MOH oversees the development of national health policies, coordinates medical and healthcare reform, and supervises the administration of healthcare services across Malaysia.

Acquiring a license for healthcare products in Malaysia necessitates adherence to regulations established by the MOH and other authorities like Malaysian Medical Council. These entities oversee and supervise healthcare services, including the approval and monitoring of medical and healthcare products. To gain registration and marketing authorization for pharmaceuticals and medical devices, companies must obtain approval from the MOH. This process involves submitting technical and scientific data to validate the product's safety, quality, and effectiveness.

Malaysia's healthcare policy and regulatory framework involve numerous authorities and agencies, with the MOH holding a pivotal role in healthcare product regulation. Both the public and private healthcare sectors in the country offer diverse opportunities for companies operating within the healthcare industry.

Competitive Landscape

Key Players

  • Novartis
  • GlaxoSmithSline
  • Pfizer
  • Y.S.P Southeast Asia
  • Kotra Pharma
  • Pharmaniaga Berhad
  • Biocon Sdn Bhd
  • Duopharma Biotech
  • Merck
  • Amgen

1. 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

Malaysia Acute Lymphocytic Leukemia (ALL) Therapeutics Market Segmentation

By Type

  • Paediatrics
  • Adults

By Drug

  • Hyper CVAD regimen
  • Linker Regimen
  • Nucleoside Metabolic Inhibitors
  • Targeted drugs and Immunotherapy
  • CALGB 811 Regimen

By Cell

  • B Cell ALL
  • T Cell ALL
  • Philadelphia Chromosome

By Therapy

  • Chemotherapy
  • Targeted therapy
  • Radiation therapy
  • Stem Cell Transplantation

By Distribution channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

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Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 13 February 2024
Updated by: Shivam Zalke

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