PUBLISHER: Acute Market Reports | PRODUCT CODE: 1165321
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1165321
Neutropenia treatment accounted for a market value of US$ 12,971.08 Mn in 2021 and projected to grow at a CAGR of 5.0% during the forecast period from 2022 to 2030. In neutropenia count of neutrophil falls giving rise to compromised immunity further increasing the risk of infection. Neutropenia is observed in almost half cases of cancer patients being treated with chemotherapy but out of them most are suffering from leukaemia. According to medical experts, neutropenia can be a chronic condition because without adequate neutrophils patient become vulnerable to life-threatening infections.
Drug pipeline of neutropenia treatment is equipped with several promising drugs in phase III of clinical trials such as SPI-2012 (Spectrum Pharmaceuticals, Inc.), F-627 (Generon (Shanghai) Corporation Ltd.), Leucostim (Dong-A ST Co., Ltd.), myelo001 (Myelo Therapeutics, Inc.), Plinabulin (BeyondSpring Pharmaceuticals Inc.), and Romyelocel-L (Cellerant Therapeutics, Inc.). Neutropenia caused due to several causes major being the post-chemotherapy decrease in count of neutrophils. Increasing prevalence of leukemia expected to rise the neutropenia cases as chemotherapy being the first-line of treatment for leukemia. However, precautionary treatment regimen is ready to avoid effect of neutropenia-based infections with antibacterial, antiviral and antifungal drugs.
In 2021, North America dominated the market and expected to retain its position throughout the forecast period due to rising awareness related to neutropenia, increasing prevalence of side effects related to chemotherapy during leukemia treatment, and high expectation from drugs in pipeline. According to several studies, the prevalence of neutropenia is around 4.4% and expected to increase in specific regions with rising prevalence of leukemia. During the forecast period from 2019 to 2027, Asia Pacific will grow gradually due to increasing awareness related to neutropenia diagnosis & treatment coupled with developing diagnostic technologies in rare disease sector.
The key companies included in the neutropenia treatment industry analyzed based on financial data, product portfolio, current press releases, and major market strategies. This report also includes attractive investment proposition studied based on exclusive geographical PESTEL analysis. Major companies included in the report are Amgen, Inc., Spectrum Pharmaceuticals, Inc., Generon (Shanghai) Corporation Ltd., Dong-A ST Co., Ltd., BeyondSpring Pharmaceuticals Inc., Myelo Therapeutics, Inc., Cellerant Therapeutics, Inc., and Sandoz (Subsidiary of Novartis AG) among others.
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Neutropenia Treatment market are as follows:
Micro and macro environment factors that are currently influencing the Neutropenia Treatment market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.