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According to lymphoma drugs industry analysis, the global lymphoma drugs market will grow at a CAGR of more than 8% during the forecast period. The growing trend for industry-academia collaborations will drive the growth prospects for the market during the projected period. Key players are increasingly supporting academic institutions by heavily investing in research and developmental activities to develop innovative drugs. This allows the integration of the research expertise of academic institutions with the marketing intelligence of pharmaceutical companies. For instance, Merck's cancer segment supported the development of monoclonal antibodies (mAbs) for cancer by collaborating with academic institutions such as BioMed X. Similarly, Takeda Pharmaceuticals and National Cancer Center of Japan promoted the exchange of physicians and researchers engaged in cancer biology research and anticancer drug discovery to conduct basic research and clinical developments.
The development of rituximab resistance that will result in the emergence of new therapies will be one of the major factors that will gain traction in the lymphoma drugs market during the next four years. Rituximab is used for the treatment of lymphoma and other autoimmune diseases. With the use of this drug in combination with other drugs or alone as the first line treatment of B-cell lymphomas its popularity will increase in the coming years as well. Such development will emerge as major breakthroughs in the treatment of lymphoma, subsequently driving the market’s growth prospects.
The global lymphoma drugs market is characterized by the presence of many vendors across the globe. These vendors are increasingly competing against each other based on factors such as rich pipeline, emerging indications or applications, and collaborations. Vendors are increasingly focusing on boosting the survival rate and reducing the mortality rate by heavily investing in research and developmental activities in the lymphoma drugs market. Factors such as the growing pipeline and development of alternative drugs will intensify the market’s competitive environment.
Key vendors in this market are
Other prominent vendors in the market include Amgen, Bristol-Myers Squibb, Gilead Sciences, GlaxoSmithKline, Novartis, Pfizer, Takeda Pharmaceuticals, and Teva Pharmaceutical Industries.
The non-hodgkin lymphoma (NHL) drugs segment dominated the lymphoma drugs market during 2016. NHL is a type of cancer that begins in the lymphocytes. The reed-sternberg B-cell in NHL cancer cannot be seen under the microscope. The NHL segment is driven by the high prevalence of diseases, especially in the North American and European countries. This drives the occurrence of MALT lymphoma, MCL, adult T-cell leukemia or lymphoma, and natural killer T-cell lymphoma, which will fuel the adoption of NHL drugs during the next four years.
Based on the lymphoma drugs industry insights, the Americas was the major revenue contributor to the lymphoma drugs market during 2016. Lymphoma accounts for around 5% of the total cancer cases in the US. It has been observed that in Canada, lymphoma is the most common form of cancer in children after leukemia and cancer cases related to the central nervous system (CNS).
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market Introduction
PART 06: Pipeline landscape
PART 07: Market segmentation by disease type
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Tags: lymph nodes, cancer treatment, mens health, metabolic syndrome, healthcare industrial growth, medical devices industrial growth,
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