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Acute Lymphocytic/Lymphoblastic Leukemia Therapeutics Market : Advanced Technologies & Growth Opportunities In Global Industry By 2024

Press Release   •   Jan 13, 2017 12:21 IST

Acute Lymphocytic Leukemia (ALL) also called as lympholastic leukemia is a cancer that starts from the early version of white blood cells called lympholastic in the bone marrow. Over production of cancerous lymphoblast is the main reason behind this type of cancer. ALL is characterized by the over production of cancerous lymphoblasts. When a person is suffering from ALL, lymphoblasts are generally overproduced in the bone marrow and constantly multiply, causing damage to the bone marrow by restraining the production of normal cells such as platelets and red blood cells (RBC).

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These lymphoblasts are also called as leukemia cells. As the number of lymphoblast increases in the bone marrow and blood, there is less room for healthy RBCs, white blood cells and platelets. This may cause anemia, infection and bleeding. The cancer can also spread to the brain and spinal cord.

Acute Lymphocytic Leukemia Therapeutics market: Categories

Acute lymphocytic leukemia can be categorized into two types, childhood acute lymphocytic/lymphoblastic leukemia and adult acute lymphocytic/lymphoblastic leukemia. Some of the signs and symptoms associated with acute lymphocytic/lymphoblastic leukemia are weakness and fatigue, anemia, loss of appetite, fever, paleness, shortness of breath, bone and joint pain, bruising, petechiae, swollen glands in the groin, neck and under arms,enlarged lymph nodes, spleen and liver.

Acute Lymphocytic Leukemia Therapeutics market: Available treatments

Proper medications, including antifungals, antineoplastics, antimicrobials is necessary take as soon as the disease detects. Apart from this, radiation therapy, biological therapy and immunotherapy should be taken by patients of ALL.

Acute Lymphocytic Leukemia Therapeutics market: Trends

In terms of geography, North America is the leading market for acute lymphoblastic leukemia therapeutics market owing to the large base of leukemia patients. The American Cancer Society, estimates that in 2016 in the U.S, about 6,590 new cases of acute lymphocytic/lymphoblastic leukemia would be diagnosed out of which 3590 would be males and 3000 would be females. The organization also estimated that during the same year, almost 1430 deaths would occur in the U.S. from acute lymphocytic/lymphoblastic leukemia. Such growing base of leukemia population would further contribute to the growth of the overall acute lymphoblastic leukemia therapeutics market. However, other market such as Asia-Pacific tends to witness high growth in this market owing to the increased incidence of cancer cases in the recent years.

Currently, the global acute lymphoblastic leukemia therapeutics market is highly lucrative, and is primarily driven by the growing incidence and prevalence of leukemia. Moreover, other factors such as high demand for improved cancer therapies; along with focused towards addressing the unmet medical needs are also driving the growth of this market. Furthermore, increasing burden of cancer among geriatric population and increased focus on retaining superior quality of life are some of the factors contributing to the growth of this market. However, rise in overall healthcare expenditure and patent expiries of antineoplastic drugs are some of the major factors; that might hinder the growth of the acute lymphoblastic leukemia therapeutics market in future.

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The major companies involved with the acute lymphoblastic leukemia therapeutics market are Biogen Idec, Inc., Bristol-Myers Squibb, Celgene Corporation, ERYTECH Pharma, F. Hoffmann-La Roche Ltd., Genzyme Corporation, GlaxoSmithKline Pharmaceuticals Limited, Pfizer, Inc. and Spectrum Pharmaceuticals.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.