Lymphoma Treatments Market Size to Hit US$13.4 Billion by 2027 | Exhibit a CAGR of 8.3% (2022-2027)
Substantial Lymphoma Cure Rates Have Driven The Lymphoma Treatments Market Growth.
HYDERABAD, TELANGANA, INDIA, November 7, 2022 /EINPresswire.com/ — IndustryARC, in its latest report, predicts that the Lymphoma Treatments Market Size is estimated to reach $13.4 billion by 2027 and it is poised to grow at a CAGR of 8.3% over the forecast period of 2022-2027. Lymphomas belong to the category of blood cancers and thus a substantial proportion of the world population suffers from the following form of cancer. The cost to treat lymphoma varies as per region, however, medical tourism facilities alleviate the traffic to countries such as India, which boost the global lymphoma treatment market. The rising prevalence substantiated by higher diagnostic capacities is the major propeller for Lymphoma Treatments Industry in the forecast period. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
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This IndustryARC report on the Lymphoma Treatments Market highlights the following areas –
1. Geographically, North America held a dominant market share in the year 2021 owing to a tremendous diagnostic and cancer treatment market supported by a robust healthcare infrastructure. However, Asia-Pacific is expected to offer lucrative growth opportunities owing to the growing patient pool and geriatric populations.
2. The growing cases of lymphomas supported by the alleviating diagnostic and therapeutic segments have presented to be the key market drivers. However, high treatment costs and low insurance coverage impedes the market growth.
3. A detailed analysis of the strengths, weaknesses, opportunities and threats will be provided in the Lymphoma Treatments Market Report.
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Lymphoma Treatments Market Segment Analysis – by Disease Type: Non-Hodgkin Lymphoma held a dominant market share in the year 2021. As per NCBI, nearly 77,200 new cases of NHL or Non-Hodgkin lymphoma were diagnosed in 2020 within the U.S., which alleviated the non-Hodgkin lymphoma treatment market. The following form of lymphoma cure rates as per Cancer.
Lymphoma Treatments Market Segment Analysis – by Distribution Channel: Hospital Pharmacies held a dominant market share in the year 2021. Moreover, the right dosage with utmost time precision is provided for the patients admitted owing to the conditions. As per the International Federation of Pharmaceuticals, a total number of 113,349 hospital pharmacies can cover nearly 49% of the entire world population.
Lymphoma Treatments Market Segment Analysis – by Geography: North America held a dominant market share of 39% in 2021. It is owing to a higher prevalence of lymphoma, presided by higher disease diagnostic capabilities and treatment awareness with stupendous medical insurance cover. However, Asia-Pacific is expected to offer lucrative growth opportunities in the forecast period of 2022-2027.
The top 5 players in the Lymphoma Treatments industry are –
1. Takeda Pharma Company
3. Bayer AG
4. Novartis AG
5. Kite Pharmaceuticals
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