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Acute Myeloid Leukemia Market Size

  • Report ID: GMI7991
  • Published Date: Jan 2024
  • Report Format: PDF

Acute Myeloid Leukemia Market Size

Acute Myeloid Leukemia Market was valued at USD 2.1 billion in 2023 and is estimated to grow at a CAGR of 10.7% between 2024. High market growth can be attributed to factors such as advancement in research and technology, surging government initiatives and policies, early diagnosis coupled with efforts to implement screening programs. Also, increasing prevalence of acute myeloid leukemia (AML) is a significant factor driving the growth of the market.

 

For instance, according to the American Cancer Society, in 2023, there were about 20,380 new cases of acute myeloid leukemia (AML) in the U.S. alone. Hence, as the population ages, the incidence of AML tends to rise, contributing to a larger patient pool seeking diagnosis and treatment, thereby fostering the market growth.

 

Acute Myeloid Leukemia (AML) is a type of cancer that affects the blood and bone marrow. It is characterized by the rapid growth of abnormal myeloid cells, which are immature blood cells that normally develop into red blood cells, white blood cells, and platelets. In AML, these abnormal cells accumulate in the bone marrow and interfere with the production of normal blood cells.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for acute myeloid leukemia was valued at USD 2.1 billion in 2023 and is estimated to observe 10.7% CAGR between 2024 and 2032, attributed to advancement in technology, surging government initiatives, early diagnosis, coupled with efforts to implement screening programs.

The hospitals & clinics segment dominated the market in 2023 and is anticipated to record 9.8% CAGR from 2024 to 2032 as they are equipped with comprehensive facilities and specialized departments, including hematology-oncology units, where AML patients can receive integrated care.

In 2023, North America market for acute myeloid leukemia held a significant share of 38.4% and will grow rapidly through 2032 as the region boasts advanced healthcare infrastructure, including state-of-the-art hospitals, research facilities, and specialized cancer treatment centers.

Astellas Pharma Inc., Bristol Myers Squibb Company, Celgene Corporation, Daiichi Sankyo Company, Limited, Jazz Pharmaceuticals plc, Novartis AG, Otsuka Pharmaceutical Co., Ltd., Partner Therapeutics, Inc., Pfizer Inc., and Rigel Pharmaceuticals, Inc.

Acute Myeloid Leukemia Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 257
  • Countries covered: 19
  • Pages: 150
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