North American Market Forecast
North America industry is anticipated to hold largest revenue share of 45% by 2037. The growth of the market can be attributed majorly to the increasing frequency of the lymphoproliferative disorder in the region along with an increase in focus on research and development for the effective treatment of such disorders. For instance, around 178,520 people in the US were estimated to be diagnosed with leukemia, lymphoma, or myeloma in 2020. In addition, the increasing awareness among people about lymphoproliferative disorders, followed by the rising development and launch of novel therapeutics as well as expanding incorporation of genomics in cancer care and treatment is also estimated to drive the market growth further during the forecast period in the region.
Europe Market Forecast
The European lymphoproliferative disorder treatment market, amongst the market in all the other regions, is projected to hold the second largest share of about 21% during the forecast period. The growth of the market can be attributed majorly to the increasing demand for effective therapies to treat lymphoproliferative disorders, followed by the surging proportion of lymphoma, and leukemia cases in the countries such as Germany, Italy, and so on in the region. For instance, in Italy, over 90 thousand people had a leukemia diagnosis in the year 2022. With around 46,900 cases, the majority were men. Moreover, the increasing advancement in medical technology, and rising implementation of genetic engineering, and nanotechnology for the diagnosis of lymphoproliferative disorders are also anticipated to propel the growth of the market in the region during the projected time frame.
APAC Market Statistics
Further, the market in the Asia Pacific, amongst the market in all the other regions, is projected to hold a majority of the share of about 16% by the end of 2037. The growth of the market can be attributed majorly to the increasing awareness amongst the people regarding these disorders, along with the significant increase in the lymphoma patient pool is also anticipated to spur the market growth in the region. In addition to this, the fast approval of novel drugs in nations such as Japan, and China is also estimated to accelerate the market growth in the APAC region during the forecast period.
Author Credits: Radhika Pawar
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