Jalandhar Online

Multiple Myeloma Treatment Market Grow at CAGR of 11% by Clinical Insights, Professional Assessment, Key Players, Advancements and Rising Trends 2019, Forecast to 2023

 Breaking News
  • No posts were found

Multiple Myeloma Treatment Market Grow at CAGR of 11% by Clinical Insights, Professional Assessment, Key Players, Advancements and Rising Trends 2019, Forecast to 2023

August 24
22:03 2019
Multiple Myeloma Treatment Market Grow at CAGR of 11% by Clinical Insights, Professional Assessment, Key Players, Advancements and Rising Trends 2019, Forecast to 2023

Multiple Myeloma Treatment Market
Multiple Myeloma Treatment Market Professional Insights 2019 By Treatment (Chemotherapy, Radiation Therapy, Stem Cell Transplant, Corticosteroids, Interferon, and Others), End User (Hospitals, Clinics, Independent Pharmacies, and Others)—Forecast till 2023

As Multiple Myeloma Treatment Market predicted by the report furnished by Market Research Future (MRFR), the Market globally rising steadily at a lucrative CAGR of 11% during the forecast period from (2018–2023).

In recent years, multiple myeloma treatment options have developed at a substantial rate. Moreover, novel multiple myeloma treatments are offering efficient survival rates among myeloma patients. Also, it is noted that the upcoming drug pipeline of multiple myeloma holds a lot of potentials, in addition to biological drugs as well as stem cell-based therapies which will be highly instrumental in the growth of the market in the near future. In addition, the prominent players operating in the multiple myeloma industry are making remarkable breakthroughs backed by numerous research and development activities for future multiple myeloma treatment, customizing the treatments that are based on a patient’s genome.

Avail Free Sample Research [email protected] https://www.marketresearchfuture.com/sample_request/6818

As per Multiple Myeloma Research Foundation, multiple myeloma generally occurs in bone marrow particularly located in the pelvic bones, spine, ribs, and the area of the hips and shoulders. Apart from this, the groups of myeloma cells prompt other cells present in the bone marrow to get rid of the solid part of the bone, causing osteolytic lesions or soft spots in the bone. This results in weakened bones as well as increasing the risk of fractures. Growing awareness regarding early cancer diagnosis along with the availability of advanced diagnostic techniques like imaging devices and personalized diagnostic tests are expected to provide lucrative growth opportunities for market expansion. The recent launch of monoclonal antibodies (mAbs) Empliciti and daratumumab coupled with effective pipeline and lastly, increasing prevalence of multiple myeloma in developing nations, resulting in the strong growth of drug therapy are bound to create various growth opportunities for the multiple myeloma treatment in the forthcoming years.

Competitive Landscape

The key vendors competing in the global multiple myeloma treatment market include

Janssen Biotech Inc.

Bristol-Myers Squibb Company

Takeda Pharmaceuticals Millennium Pharmaceuticals

Novartis AG

Genzyme Corporation

Juno Therapeutics

Johnson & Johnson

Novartis AG

Celgene Corporation

AbbVie Inc.

Amgen Inc.

Innate Pharma SA

Celldex Therapeutics Inc.

GlaxoSmithKline plc


Hoffmann-La Roche Ltd.

Onyx Pharmaceuticals

among others.


The global multiple myeloma treatment is segmented on the basis of treatment types and end users.

based on the treatment types, is segmented into chemotherapy, corticosteroids, interferon, stem cell transplant, and radiation therapy. Chemotherapy is sub-segmented into bendamustine (treanda), cyclophosphamide (Cytoxan), doxorubicin (adriamycin), etoposide (vp-16), liposomal doxorubicin (Doxil), melphalan (Alkeran, evomela), vincristine (Oncovin).

The end users in the global multiple myeloma treatment market include hospitals, clinics, rehabilitative center treatment, independent pharmacies, and others.

Browse Complete Premium Research Report along with List of Tables, Figures and Table of Content at https://www.marketresearchfuture.com/reports/multiple-myeloma-treatment-market-6818

Regional Analysis

The flourishing market in the Americas is set to garner the top position in the global multiple myeloma treatment market during the assessment period, on account of the growing prevalence of blood cancer, unhealthy lifestyle, expanding geriatric population, augmented demand for biologic therapies, and the striking emergence of nanomedicine. In addition, the increasing incidences of cancer in the wake of the burgeoning aging population will bolster the market growth in the region. North America accounts for the maximum share of the global multiple myeloma treatment market, as a result of the surging investment by government in research and development activities for the diagnosis management of myeloma disorder.

Furthermore, the market in Europe is deemed to be the second-largest backed by government funding, coupled with the booming healthcare sector and the growing incidence of elderly patients. The increasing prevalence of myeloma disease is an additional factor promoting the growth of the regional market.

Whereas, the market in the Asia Pacific shows remarkable growth pattern, and is expected to be the fastest-growing during the assessment period among all the regions. The major reasons backing this stupendous growth include the increasing aging population, expanding obese population, surging healthcare expenditure and increased penetration of novel cancer drugs in the region. Lastly, the market in the Middle East & Africa will account for the smallest share of the global market, but will still showcase steady growth rate which can be attributed to the increasing healthcare expenditure along with the developing healthcare infrastructure.

Ask for an Exclusive Discount at https://www.marketresearchfuture.com/check-discount/6818

Industry Updates

In 2019 – The FDA has approved a split-dosing regimen for Janssen Pharmaceuticals’ daratumumab (Darzalex), which is a therapy for treating patients with multiple myeloma. The FDA approved split-dosing regimen is developed on the basis of the data from the phase 1b EQUULEUS (MMY1001) clinical study that evaluated daratumumab combined with various treatment regimens

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/multiple-myeloma-treatment-market-6818