Blood Cancer Treatment Market Analysis

High incidence rate of blood cancers in US (leukemia-13.0, NHL-19.8, HL-2.7, myeloma-6.7 cases per 100,000 population in 2014) is the major driver for the growth of blood cancer treatment market in US.  Advancement in technology, personalized medicine, cost effective treatment procedures are few other factors predicted to keep up the growth of global blood cancer treatment market. However, divergent nature of blood cancers and increasing stringency in the regulatory requirements are some of the major restraints limiting the growth of global blood cancer treatment market.

Blood Cancer Treatment Market: Segmentation

The global blood cancer treatment market has been classified on the basis of application, end use and geography.

Due of the availability of variety of chemotherapeutic agents for the blood cancer treatment, market for chemotherapeutic agents is expected to hold a greater share in global blood cancer treatment market. Innovative blood cancer treatment procedures are expected to launch into the market in the forecast period. This will also help to increase the market volume. However, expiry of some of the commonly used drugs such as Erbitux (2014), Rituxan (2019), Gleevec (2015), Herceptin (2023) is anticipated to uplift the generic cancer market within the forecast period. Monoclonal antibodies and other immunological treatments are generally known for their lesser side effects and better efficacy. Few biological agents like Peg interferone α-2b and Drotrecogine α are already launched into the US market which are expected to generate the remarkable revenue.

Blood Cancer Treatment Market: Regional Overview

Geographically, the global blood cancer treatment market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa.North America takes the largest share of global blood cancer treatment market followed by Europe. The global blood cancer treatment market is expected to grow in future due to increasing investment by multinational companies in cancer research.

Blood Cancer Treatment Market: Key Players

Roche group is one of the leading provider of blood cancer treatment drugs. Some of the key players in blood cancer treatment market are Novartis Pharmaceuticals, Merc & Co., Inc., Bristol-Myers Squibb Company, AbbVie Inc., Johnson & Johnson Pvt. Ltd., Celgen Corporation, Amgen Inc., Teva pharmaceutical Industries Ltd., Bayer AG, Pfizer Inc., Takeda Pharmaceutical Co. Ltd. To name a few.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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