Acute myeloid leukemia (AML) is thriving on account of the strong pipeline of upcoming innovative drugs and therapies in the treatment of such disease that was earlier complicated to cure, followed by the recent advancements in molecular biology and pharmacology to strengthen its drug development. With the increasing prevalence rate of AML disease in developed and developing regions, many biopharmaceutical companies are evolving novel therapies to treat blood cancer-related disorders. The pipeline analysis of these novel therapies used in AML treatment generally consists of immunotoxins, farnesyltransferase inhibitors, monoclonal antibodies, alkylating agents, multidrug-resistant modulators, and FMS-like tyrosine kinase three inhibitors.
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Many healthcare professionals and patients are opting for these therapies in the medication of acute myeloid leukemia. It assists them in the detection of leukemia cells in the human body and reduces the possibilities of the acute myeloid leukemia. Moreover, the current availability of several drugs (such as Midostaurin, Cpx-351, and others) for AML treatment has a particular constraint that is likely to stimulate the need for developing improved and effective drugs. These constraints of these drugs and therapies generally include the failure of regulating relapse cases and adverse health impacts among patients, such as nausea, tissue damage, and loss of appetite. This is further insisted the drug manufacturers produce therapeutics that can overcome such limitations to provide effective treatment and promote better patient outcomes. Following these promising developments, the Global Acute Myeloid Leukemia Market is estimated to see healthy growth, pegged at a CAGR of around 13.2% throughout the forecast period (2020-2026).
Chemotherapy, irradiation, and hematopoietic stem cell transplantation (HSCT) have now become standard therapies to provide better treatment facilities in AML patients, such that prevent the growth of cancer cells either by halting them from dividing or through killing the cells. These techniques used antibodies produced in the laboratory from a single sort of immune cell. These antibodies allow the identification of the structure of thousands of cancer cells or normal substances that reduce or avoid the cancer cells growth linked with therapeutic responsiveness, thus permitting the monitoring of the spreading of cancer cells and better interpret disease progression.
The prevalence of acute myeloid leukemia cases is more frequent in the pediatric and middle age population and progresses with aging. As such, they develop at a steady rate and are found in the blood and bone marrow. More specifically, the blood flow and bone marrow of the aging population are quite fragile, and thus, they are more prone to affect acute myeloid leukemia. It is generally detected by the spread of disease typically caused by exposure to radiation, adverse environmental factors, and unhealthy eating habits. Therefore, the acute myeloid leukemia market is poised to grow with the rise in the infant and aging population and high unmet medical needs pertaining to the early diagnosis and treatment of acute leukemia. As such, newly developed AML therapy technologies are expected to offer a new avenue to identify cancer cells and benefits such as better tolerability, efficacy, and safety to patients and boost the immune system to fight against leukemia. As a result, acute myeloid leukemia plays such a key role in ongoing research in molecular diagnosis that can lead to the extensive availability of efficient treatment for leukemia.
Segmentation Overview of the Global Acute Myeloid Leukemia Market
The acute myeloid leukemia market is segmented into chemotherapy type. This major market segment is further categorized into various sub-segments to study the market in detail.
By Chemotherapy Type Outlook (Cytarabine; Anthracycline Drugs (Daunomycin, Idarubicin, Mitoxantrone); Alkylating Agents; Anti-metabolites; Tyrosine Kinase Inhibitors (Dasatinib, Imatinib))
Key Players Insights
Celgene Corporation, Novartis AG, Genmab AS, Eisai Co. Ltd., Sanofi-Aventis (Genzyme Corporation), Teva Pharmaceutical (Cephalon Inc.), Pfizer Inc., Bristol-Myers Squibb Company, Sunesis Pharmaceuticals Inc., Moleculin Biotech, Inc., Kintara Therapeutics, Inc., Merck & Co., Inc., among others, are some key market players included in the research study of the global acute myeloid leukemia market.
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