The global hematological malignance market is highly competitive in
nature with a large number of players operating in it worldwide,
states a new research study by Transparency Market Research. In 2015,
the leading four players in the market accounted for more than 58%
share of the global market and is likely to remain in the similar
leading position throughout the forecast period. To expand their
product horizon, these players are focusing on extending their
products and services in developing economies, which is likely to
accelerate the growth of the overall market in the coming years. Some
of the key players that are operating in the global hematological
malignances market are Roche, Celgene, Novartis, and AbbVie, The
rising number of mergers and acquisitions are estimated to encourage
the growth of the overall market in the next few years.
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As per the market research report by Transparency Market Research, in
2015, the global hematological malignance was worth US$27.4 bn. This
market is likely to reach a value of US$51.9 bn by the end of 2024.
The market is projected to register a healthy 7.50% CAGR between 2016
and 2024.
Among the key regional segments, North America is projected to
experience a high growth throughout the forecast period. The
increasing prevalence of hematological cancers and the advanced
diagnostic technologies are some of the key factors that are
estimated to encourage the growth of the North America market in the
next few years. In addition to this, the presence of a large number
of players is considered to generate promising growth opportunities
in the coming years. This region is expected to be closely followed
by Europe in the coming years, thanks to the increasing awareness
among people regarding hematological malignance. Furthermore, Asia
Pacific is estimated to witness significant growth throughout the
forecast period.
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Targeted therapy, immunotherapy, and chemotherapy are the major
treatment methods in the global hematological malignances market.
Among these segments, immunotherapy held a large share in 2015, and
is expected to remain in the leading position throughout the forecast
period. The high efficiency of immunotherapy and the less number of
side effects are the key factors that are projected to accelerate the
growth of this segment in the next few years.
The unhealthy and sedentary lifestyle of people worldwide resulting
in a number of lifestyle-related disorders is considered as a major
factor estimated to accelerate the growth of the global market in the
next few years. The rising focus on research and development
activities and innovations in the field of healthcare sector is
projected to accelerate the growth of the global hematological
malignances market in the coming few years. In addition to this, the
rising awareness among consumers concerning the availability of
advanced treatments is projected to generate promising growth
opportunities for the market players in the next few years.
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https://www.transparencymarketresearch.com/report-toc/4580
On the flip side, the high cost of branded drugs and the lack of
favorable reimbursements policies are some of the key factors that
are likely to restrict the overall growth of the global hematological
malignances market in the coming few years.
About Us
Transparency Market Research is a next-generation market intelligence
provider, offering fact-based solutions to business leaders,
consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow,
evolve, and mature. Our real-time data collection methods along with
ability to track more than one million high growth niche products are
aligned with your aims. The detailed and proprietary statistical
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in the shortest span of time. For organizations that require specific
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