Acute Myeloid Leukemia (AML) Treatment Market Trends

  • Report ID: 2894
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Acute Myeloid Leukemia (AML) Treatment Market Trends

Growth Drivers

  • Integration of personalized medicine - In acute myeloid leukemia, precision medicine is used by molecular profiling to identify specific genetic mutations and unique biomarkers for each patient.

    To achieve a more personalized and precise approach to AML management, information guides the selection of targeted therapies and tailored treatment plans, optimizing the effectiveness of interventions and minimizing adverse reactions.

    According to a study conducted four years ago by The Leukemia & Lymphoma Society (LLS), patients with acute myeloid leukemia (AML) who received precision medicine had better survival outcomes and a much lower early death rate and fared far better than individuals who started therapy early in life.
  • Development of advanced treatment options - Several research studies are being carried out to show the medications' efficacy, thus resulting in the development of advanced treatment options with a better understanding of acute myeloid leukemia (AML).

    For instance, research named 'Daunorubicin or Idarubicin with Cytarabine Plus Quizartinib vs. Physician's Selection in Newly Acquired FLT3-ITD+ AML (Q-SOC)' is now in Phase III clinical trials, according to the United States National Library of Medicine.

Challenges

  • Lack of awareness and education - There may still be gaps in knowledge and understanding between healthcare professionals, patients, and the public despite efforts to increase awareness about AML. Delayed diagnosis, insufficient treatment decisions, and poor patient outcomes can be associated with low awareness.
  • Resistance to conventional therapies - Due to a high percentage of treatment failure brought on by an increase in the prevalence of medication resistance that causes disease relapse, AML continues to be the primary cause of leukemia-related mortality.

    Relapsed and refractory AML is linked to a poor prognosis because of an inadequate response to traditional antileukemic therapy led by the altered-functioning proteins and enzymes, signaling pathway dysregulation, mutations in cell cycle control genes, epigenetic modifiers, and microRNA.

Acute Myeloid Leukemia Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

10%

Base Year Market Size

USD 2 billion

Forecast Year Market Size

USD 7 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 2894
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of acute myeloid leukemia was over USD 2 billion.

The market size for acute myeloid leukemia is projected to cross USD 7 billion by the end of 2036 expanding at a CAGR of 10% during the forecast period i.e., between 2024-2036.

The major players in the market are Novartis International AG, Celgene Corporation, Bristol-Myers Squibb Company, Amgen Inc., AbbVie Inc., Eli Lilly and Company, GlaxoSmithKline plc, Sanofi-Aventis (Genzyme Corporation), Sunesis Pharmaceutical Inc., and others.

In terms of treatment type, the chemotherapy segment is anticipated to account for the largest market share of 62% during 2024-2036.

The North America acute myeloid leukemia sector is poised to hold the highest share of 40% by 2036.
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