Global Acute Myeloid Leukemia Therapeutics Market to Grow at 11.1% During 2024-2032, Impelled by Availability of Advanced Therapies

September 13, 2021 | Healthcare

According to the latest report by IMARC Group, titled "Acute Myeloid Leukemia Therapeutics Market Report by Treatment Type (Cytarabine, Anthracycline Drugs, Alkylating Agents, Anti-Metabolites, Tyrosine Kinase Inhibitors, and Others), Drug Type (Small Molecule Drugs, Biopharmaceuticals), Route of Administration (Oral, Injectables), and Region 2024-2032," the global acute myeloid leukemia therapeutics market reached a value of US$ 1,209.5 Million in 2023. Acute myeloid leukemia (AML) is a form of bone marrow and blood cancer caused by the uncontrollable division of cells. Some of the common clinical symptoms include fever, bone pain, fatigue, shortness of breath, pale skin, frequent infections, and unusual nose and gums bleeding. The treatment plan for AML includes a combination of chemo and radiation therapy, stem cell transplant, leukapheresis, induction therapy, and targeted drug therapies. These therapeutics aid in precisely identifying and attacking cancer cells, increasing the efficacy, boosting immunity, minimizing post-treatment complications, and reducing the chances of cancer relapse.


Global Acute Myeloid Leukemia Therapeutics Market Trends: 

The increasing prevalence of AML due to unhealthy lifestyles, genetic mutations, and continued exposure to hazardous chemicals is primarily driving the market growth. In line with this, the rising geriatric population, which is more susceptible to develop AML, is further catalyzing the market growth. Moreover, the increasing awareness regarding the availability of advanced cancer treatment options, such as combined, immunotherapies, and targeted therapies, and rising approvals of novel and innovative drugs are acting as other growth-inducing factors. Apart from this, extensive research and development (R&D) activities to introduce innovative drug delivery systems, like drug encapsulation made from nanoscale compounds, are creating a positive outlook for the market. Looking forward, the market is expected to grow at a CAGR of 11.1% during 2024-2032.


Market Summary:

  • Based on the treatment type, the market is classified into cytarabine, anthracycline drugs, alkylating agents, anti-metabolites, tyrosine kinase inhibitors, and others.
  • On the basis of the drug type, the market has been bifurcated into small molecule drugs and biopharmaceuticals.
  • Based on the route of administration, the market is divided into oral and injectables.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being AbbVie Inc., Amgen Inc., Bristol-Myers Squibb Company, Celgene, Roche Holding AG, Gilead Sciences Inc., Novartis AG, Pfizer Inc., Sanofi S.A. and Takeda Pharmaceutical Company Limited.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Treatment Type, Drug Type, Route of Administration, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbvie Inc., Amgen Inc., Bristol-Myers Squibb Company, Celgene, Roche Holding AG, Gilead Sciences Inc., Novartis AG, Pfizer Inc., Sanofi S.A. and Takeda Pharmaceutical Company Limited
Customization Scope 10% Free Customization
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Global Acute Myeloid Leukemia Therapeutics Market to Grow at 11.1% During 2024-2032, Impelled by Availability of Advanced Therapies
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