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(Medical-NewsWire.com, March 13, 2018 ) The Global leukemia Therapeutics market is projected to reach a market value of 8.82 Billion by 2022 at a CAGR of 9.5% from an estimated market value of 5.6 Billion in 2017.
Leukemia is a subtype of blood cancer which occurs a result of abnormal White Blood Cells production. The primary causes of this disease can be prolonged exposure to radiations, unhealthy lifestyle. These diseases can also be genetically inherited.
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The growth in elderly population across the globe and increasing number of people getting affected by leukemia are the two key factors contributing towards the market growth. Also with increasing technological advancements, the access to treatments of leukemia has become more possible.
The key hindering factor of this market is that is the high treatment cost involved. North America has accounted for the major share of the market globally owing to the high awareness towards cancer treatment among people and the funding provided by the government for healthcare. The increasing geriatric population and increasing cancer patients is expected to drive the Asia- Pacific market segment at a high CAGR during the forecast period.
Browse full research report with TOC on "Leukemia Therapeutics Market by disease condition (chronic lymphatic leukemia, acute lymphatic leukemia, chronic myeloid leukemia, acute myeloid leukemia), by diagnosis (CT scan, biopsy, MRI), by treatments (chemotherapy, radiation therapy, immunotherapy, surgery, targeted therapy, bone marrow transplant, stem cell therapy), by drugs (Gleevec, Sapacitabine, GA101, Vasaroxine, Tosedosat), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2017–2022)"
Further Key Findings From the Report Suggest:
• Chronic Myeloid Leukemia segment has accounted for the major market share in comparison to other market segments by disease in 2016.
• Stem cell therapy and bone marrow transplant are expected to witness high growth rates in comparison to other market segments by Diagnosis.
• In the Drugs segment, Gleevec dominated the market in 2016.
• Geographically, North America dominated the global market closely followed by Europe.
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