Dublin, June 06, 2023 (GLOBE NEWSWIRE) -- The "Global Lymphoma Therapeutics Market Size, Share & Industry Trends Analysis Report By Treatment Type, By Disease Type, By Route of Administration (Injectable, and Oral Route), By Distribution Channel, By Regional Outlook and Forecast, 2023-2029" report has been added to ResearchAndMarkets.com's offering.
The Global Lymphoma Therapeutics Market size is expected to reach $24.9 billion by 2029, rising at a market growth of 7.8% CAGR during the forecast period.
Key Market Players
- AstraZeneca PLC
- Bayer AG
- Bristol Myers Squibb Company
- F.Hoffmann-La Roche Ltd.
- Johnson & Johnson
- Gilead Sciences, Inc.
- Seagen, Inc.
- Teva Pharmaceutical Industries Ltd.
- Pfizer, Inc.
- Eli Lilly And Company
The term "lymphoma therapeutics" refers to the numerous medical treatments and interventions that are intended to treat lymphoma, a form of cancer that impacts the lymphatic system, which is a component of the immune system of the body. Lymphoma is one of the most common types of cancer globally.
The elimination of malignant cells, the prevention of the disease's progression, and an improvement in the patient's standard of life are the primary focuses of lymphoma treatment strategies.
The spleen, the thymus gland, lymph nodes (also known as lymph glands), and bone marrow are all elements that make up the lymphatic system. Lymphoma has the potential to affect not only these areas, but many other organs located throughout the body as well. Lymphoma patients have access to various treatment options, including radiation therapy, chemotherapy, immunotherapy, targeted therapy, and stem cell transplantation, among others.
The choice of treatment is determined not only by the type and stage of lymphoma but also by additional criteria, such as the patient's current state of health and medical history. Lymphoma treatments work toward the dual goals of inducing individuals with lymphoma into a state of long-term remission while also improving their chances of survival.
Cancer of the lymphatic system is referred to as lymphoma, and lymphoma is a subtype of cancer characterized by the fast proliferation of aberrant malignant cells. It typically affects the white blood cells (WBCs), also known as lymphocytes, in the lymph nodes, spleen, thymus, and bone marrow.
This has the effect of reducing the body's ability to mount an immune response. As a result, the patient experiences symptoms such as swelling in the lymph nodes, high fever, loss of weight, shortness of breath, and weariness as a direct effect of the condition.
Market Growth Factors
Technological advancement in the treatment options
Various treatment developments have been introduced in lymphoma therapeutics by focusing on TAAs; cancer immunotherapy has become a crucial part of cancer treatment. It does not produce unintended off-target effects and has several clinical advantages. This encourages the creation of highly effective, low-side-effect tailored recombinant vaccines for cancer immunotherapy.
Immune checkpoint inhibitors (ICIs), recently developed, have changed cancer treatment and increased patient survival. ICIs tailored to checkpoint proteins, like CTLA-4 or PD-1, have been approved to treat several cancer types. These factors are propelling market growth.
Increasing cases of Lymphoma, raising the demand for therapeutics
Around half a million new cases of NHL were reported globally in 2018, accounting for 2.8% of all cancer diagnoses. The gender-specific age-standardized probability of developing NHL was found to be 6.7 in men and 4.7 in women. This indicates that men have a cumulative lifetime risk of 0.72%, while women have a risk of 0.35%.
Furthermore, men's incidence was 7.8/100,000, and women's was 5.6/100,000 and 2.9/100,000 in high and low/medium human development index nations, respectively. Hence, the growing cases of Lymphoma, especially non-Hodgins Lymphoma (NHL), are expected to increase the demand for numerous lymphoma therapeutics boosting the market growth in the projected period.
Market Restraining Factors
The associated side effects of treatments
The treatment for lymphoma is associated with side effects. Some of them are digestive issues, "Chemo brain," itchy, painful, and dry skin, fatigue, nausea, and vomiting, hair loss, sleep issues, peripheral neuropathy (nerve injury), and oral mucositis (sore mouth). The risk of infection may rise after the treatment of lymphoma.
Therefore, it's crucial to be aware of the warning signs and symptoms and how to get in touch with the medical team if necessary. Lack of specific blood cell types can result from cancer treatment. Low red blood cells, low white blood cells, and low platelets are all symptoms of anemia. These are expected to hinder the lymphoma therapeutics market growth in the projected period.
Scope of the Study
By Treatment Type
- Immune Therapy
- Target Therapy
- Chemotherapy
- Radiation Therapy
By Disease Type
- Non-Hodgkin Lymphoma
- Hodgkin Lymphoma
By Route of Administration
- Injectable
- Oral Route
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Others
For more information about this report visit https://www.researchandmarkets.com/r/46ln1r
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