The North America Multiple Myeloma Market should witness market growth of 8.6% CAGR during the forecast period (2023-2029).
The increased prevalence of multiple myeloma, an increase in the number of market players who produce multiple myeloma pharmaceuticals, and an increase in the number of product releases for multiple myeloma drugs are the main factors driving the growth of the market. Multiple myeloma is often called Kahler's disease. The blood and bones were exposed to excessive protein. Organ damage results from its accumulation throughout the body.
One of the main types of blood cancer that accounts for a sizable portion of cases of cancer is multiple myeloma (MM), despite being regarded as an uncommon form of cancer. More patients are diagnosed with their ailment due to growing awareness of disease signs. Increased treatment sophistication by key market players has resulted in several successful and potentially successful medications being released. In diagnosed patients, death could result from untreated conditions. Due to unmet clinical requirements and the growing demand for effective treatment outcomes, market players are conducting a large number of clinical studies for the introduction of new therapies.
According to the International Agency for Research on Cancer, there were 35318 new cases of multiple myeloma registered in the region in 2020. According to the American Cancer Society, the US saw almost 24,050 new instances of multiple myeloma at the end of 2014. In this region, age-related increases in the frequency of multiple myelomas are more common in males than women. Thus, a rise in the older population would surely fuel the demand for therapies for multiple myeloma. Thus, the important factors anticipated to accelerate the expansion of the market for multiple myeloma are the increasing occurrence of the condition and the rise in the senior population. Thus, the market in the North America will increase significantly in the coming years.
The US market dominated the North America Multiple Myeloma Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $10,505.2 Million by 2029. The Canada market is poised to grow at a CAGR of 10.7% during (2023-2029). Additionally, The Mexico market should witness a CAGR of 10.4% during (2023-2029).
Based on End-user, the market is segmented into Hospitals, Clinics, and Others. Based on Disease Type, the market is segmented into Active Multiple Myeloma and Smoldering Multiple Myeloma. Based on Drug Type, the market is segmented into Protease Inhibitors, Monoclonal Antibody, Chemotherapy and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Novartis AG, Bristol Myers Squibb Company, Amgen, Inc., AbbVie, Inc., Sanofi S.A., Johnson & Johnson, Baxter International, Inc., Takeda Pharmaceutical Company Limited, Teva Pharmaceuticals Industries Ltd., and Pfizer, Inc.
The increased prevalence of multiple myeloma, an increase in the number of market players who produce multiple myeloma pharmaceuticals, and an increase in the number of product releases for multiple myeloma drugs are the main factors driving the growth of the market. Multiple myeloma is often called Kahler's disease. The blood and bones were exposed to excessive protein. Organ damage results from its accumulation throughout the body.
One of the main types of blood cancer that accounts for a sizable portion of cases of cancer is multiple myeloma (MM), despite being regarded as an uncommon form of cancer. More patients are diagnosed with their ailment due to growing awareness of disease signs. Increased treatment sophistication by key market players has resulted in several successful and potentially successful medications being released. In diagnosed patients, death could result from untreated conditions. Due to unmet clinical requirements and the growing demand for effective treatment outcomes, market players are conducting a large number of clinical studies for the introduction of new therapies.
According to the International Agency for Research on Cancer, there were 35318 new cases of multiple myeloma registered in the region in 2020. According to the American Cancer Society, the US saw almost 24,050 new instances of multiple myeloma at the end of 2014. In this region, age-related increases in the frequency of multiple myelomas are more common in males than women. Thus, a rise in the older population would surely fuel the demand for therapies for multiple myeloma. Thus, the important factors anticipated to accelerate the expansion of the market for multiple myeloma are the increasing occurrence of the condition and the rise in the senior population. Thus, the market in the North America will increase significantly in the coming years.
The US market dominated the North America Multiple Myeloma Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $10,505.2 Million by 2029. The Canada market is poised to grow at a CAGR of 10.7% during (2023-2029). Additionally, The Mexico market should witness a CAGR of 10.4% during (2023-2029).
Based on End-user, the market is segmented into Hospitals, Clinics, and Others. Based on Disease Type, the market is segmented into Active Multiple Myeloma and Smoldering Multiple Myeloma. Based on Drug Type, the market is segmented into Protease Inhibitors, Monoclonal Antibody, Chemotherapy and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Novartis AG, Bristol Myers Squibb Company, Amgen, Inc., AbbVie, Inc., Sanofi S.A., Johnson & Johnson, Baxter International, Inc., Takeda Pharmaceutical Company Limited, Teva Pharmaceuticals Industries Ltd., and Pfizer, Inc.
Scope of the Study
By End-user
- Hospitals
- Clinics
- Others
By Disease Type
- Active Multiple Myeloma
- Smoldering Multiple Myeloma
By Drug Type
- Protease Inhibitors
- Monoclonal Antibody
- Chemotherapy
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Novartis AG
- Bristol Myers Squibb Company
- Amgen, Inc.
- AbbVie, Inc.
- Sanofi S.A.
- Johnson & Johnson
- Baxter International, Inc.
- Takeda Pharmaceutical Company Limited
- Teva Pharmaceuticals Industries Ltd.
- Pfizer, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Multiple Myeloma Market, by End User
1.4.2 North America Multiple Myeloma Market, by Disease Type
1.4.3 North America Multiple Myeloma Market, by Drug Type
1.4.4 North America Multiple Myeloma Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Trials and Approvals
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
Chapter 4. North America Multiple Myeloma Market by End User
4.1 North America Hospitals Market by Country
4.2 North America Clinics Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Multiple Myeloma Market by Disease Type
5.1 North America Active Multiple Myeloma Market by Country
5.2 North America Smoldering Multiple Myeloma Market by Country
Chapter 6. North America Multiple Myeloma Market by Drug Type
6.1 North America Protease Inhibitors Market by Country
6.2 North America Monoclonal Antibody Market by Country
6.3 North America Chemotherapy Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Multiple Myeloma Market by Country
7.1 US Multiple Myeloma Market
7.1.1 US Multiple Myeloma Market by End User
7.1.2 US Multiple Myeloma Market by Disease Type
7.1.3 US Multiple Myeloma Market by Drug Type
7.2 Canada Multiple Myeloma Market
7.2.1 Canada Multiple Myeloma Market by End User
7.2.2 Canada Multiple Myeloma Market by Disease Type
7.2.3 Canada Multiple Myeloma Market by Drug Type
7.3 Mexico Multiple Myeloma Market
7.3.1 Mexico Multiple Myeloma Market by End User
7.3.2 Mexico Multiple Myeloma Market by Disease Type
7.3.3 Mexico Multiple Myeloma Market by Drug Type
7.4 Rest of North America Multiple Myeloma Market
7.4.1 Rest of North America Multiple Myeloma Market by End User
7.4.2 Rest of North America Multiple Myeloma Market by Disease Type
7.4.3 Rest of North America Multiple Myeloma Market by Drug Type
Chapter 8. Company Profiles
8.1 Johnson & Johnson
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental &Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Trials and Approvals:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Novartis AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Sanofi S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Trials and Approvals:
8.4 Amgen, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Trials and Approvals:
8.4.5.2 Acquisition and Mergers:
8.5 AbbVie, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 Baxter International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Teva Pharmaceutical Industries Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 Pfizer, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.9 Bristol Myers Squibb Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Trials and Approvals:
8.9.5.2 Acquisition and Mergers:
8.10. Takeda Pharmaceutical Company Limited
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
Companies Mentioned
- Novartis AG
- Bristol Myers Squibb Company
- Amgen, Inc.
- AbbVie, Inc.
- Sanofi S.A.
- Johnson & Johnson
- Baxter International, Inc.
- Takeda Pharmaceutical Company Limited
- Teva Pharmaceuticals Industries Ltd.
- Pfizer, Inc.
Methodology
LOADING...
