Growth Drivers
Worldwide Expanding Prevalence of Lymphoma Cases – Lymphoma is a lymphatic malignancy that damages the immune system. It starts in the immune system's infection-fighting cells called lymphocytes. These cells can be found in the lymph nodes, spleen, thymus, bone marrow, and other organs. Lymphocytes alter and develop uncontrollably in lymphoma patients. There are two types of lymphoma including Hodgkin’s and non-Hodgkin lymphoma. Several types of lymphocyte cells are involved in non-Hodgkin (NHL) and Hodgkin lymphoma. Every variation of lymphoma develops at varying rates and responds to treatment accordingly. Therefore, the rising prevalence of lymphoma across the globe is estimated to drive the market growth of lymphoproliferative disorder treatment in the coming years. For instance, worldwide around 544,452 cases of non-Hodgkin lymphoma (NHL) were diagnosed in 2020, and an expected nearly 879,000 additional NHL cases are expected to be diagnosed throughout the world by 2040.
Rise in the Cases of Chronic lymphocytic leukemia (CLL) - Chronic lymphocytic leukemia (CLL) is a kind of blood and bone marrow cancer. Chronic lymphocytic leukemia's exact cause is still unknown. There are several genetic mutations in the DNA of blood-producing cells. These mutations lead blood cells to produce aberrant lymphocytes that are ineffective against infection. Thus, the significant upsurge in chronic lymphocytic leukemia (CLL) is also anticipated to fuel the market growth over the forecast period. For instance, in 2023, the United States is expected to have around 19,850 new cases and nearly 5,690 mortalities from chronic lymphocytic leukemia (CLL).
Globally Increasing Healthcare Expenditure – According to World Bank figures, worldwide healthcare expenditure surged by 9.83% in 2019. It is predicted that this expansion would continue over the forecast period.
An Upsurge in Novel Targeted Treatments - With frontline targeted treatment, patients with non-Hodgkin lymphoma (NHL) can achieve significant response and survival rates. Thus, several kinds of novel treatments including targeted treatment have been discovered to effectively treat NHL. For instance, Kinase inhibitor therapy, a kind of targeted therapy, prevents cancer cells from proliferating by blocking specific proteins. Copanlisib, idelalisib, duvelisib, and umbralisib are kinase inhibitor medications that block P13K proteins and may help keep lymphoma cells from spreading. They are used to treat follicular NHLs that have not improved or relapsed after at least two prior treatments. Umbralisib is also used to treat patients with marginal zone lymphoma who have relapsed or are not responding to treatment.
Rising Research and Development Investments – For instance, global R&D investments in the pharmaceutical sector exceeded around USD 256 billion in 2021.
Challenges
Base Year |
2022 |
Forecast Year |
2023-2035 |
CAGR |
~7% |
Base Year Market Size (2022) |
~ USD 5 Billion |
Forecast Year Market Size (2035) |
~ USD 11 Billion |
Regional Scope |
|
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.7% |
Base Year Market Size (2024) |
USD 5.69 billion |
Forecast Year Market Size (2037) |
USD 13.22 billion |
Regional Scope |
|
Author Credits: Radhika Pawar
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