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What fueled the previous growth in the acute myeloid leukemia market?

There has been impressive growth in the acute myeloid leukemia market size in the preceding years. The market is set to expand from $3.5 billion in 2024 to $3.79 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.2%. The surge in growth during the historical period can be linked to an increased aging population, environmental factors, hereditary tendencies, limited options in treatment, and advancements in medicine.

What will be the acute myeloid leukemia market size in the future?

The market size of propulsion systems is anticipated to witness a significant expansion in the upcoming years. The sector is projected to expand to $459.46 billion in 2029, experiencing a compound annual growth rate (CAGR) of 7.4%. The expected growth during the forecasted period is attributed to factors such as the integration of software and AI, the introduction of innovative lightweight materials, strict emission regulations, and advancements in fuel cell technology. Dominating the major trends in the forecast period are the electrification, advances in hybridization, the evolution of fuel cell technology, efficiency and emission standards, and the rise of autonomous and connected propulsion systems.

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What main drivers are fueling expansion in the acute myeloid leukemia market?

The anticipated rise in the senior population and escalating unaddressed health care requirements are predicted to fuel the expansion of the acute myeloid leukemia market in the future. This demographic, characterized as individuals aged 65 and above, is increasingly prone to health conditions like acute myeloid leukemia. For example, the American Cancer Society USA (ACS), a leading health voluntary organization, reported in 2022 that acute myeloid leukemia was frequently diagnosed among the elderly population, with the average age at diagnosis being 68. Furthermore, the survival rate for AML in older adults remains disturbingly low. In 2022 specifically, it impacted approximately 60,650 individuals and was responsible for 24000 fatalities. Hence, the rising elderly population and escalating underserved healthcare needs act as key drivers for the gelatin market.

What key areas define the segmentation of the global acute myeloid leukemia market?

The acute myeloid leukemia market covered in this report is segmented –

1) By Treatment Type: Chemotherapy, Radiation therapy, Stem Cell Transplant, Targeted Therapy

2) By Chemotherapy: Cytarabine, Anthracycline Drugs, Alkylating Agents, Anti-metabolites, Tyrosine Kinase Inhibitors, Hormonal Therapy

3) By Regimen: DC Regimen, AVD Regimen, VCD Regimen

4) By End-User: Hospital, Retails Drug Stores, Ambulatory Care Centers, Clinics

Subsegments:

1) By Chemotherapy: Induction Chemotherapy, Consolidation Chemotherapy

2) By Radiation Therapy: Total Body Irradiation, Localized Radiation Therapy

3) By Stem Cell Transplant: Autologous Stem Cell Transplant, Allogeneic Stem Cell Transplant

4) By Targeted Therapy: Tyrosine Kinase Inhibitors (TKIs), Monoclonal Antibodies, Other Targeted Agents

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Who are the dominant players expanding their reach in the acute myeloid leukemia market?

Major companies operating in the acute myeloid leukemia market include Pfizer Inc., F. Hoffmann-La Roche AG, AbbVie Inc., Novartis AG, Sanofi-Aventis (Genzyme Corporation), Bristol Myers Squibb Company, GlaxoSmithKline plc, Takeda Pharmaceuticals, Amgen Inc., Otsuka Holdings Co. Ltd., Teva Pharmaceutical, Celgene Corporation, Astellas Pharma, Servier Pharmaceuticals, CSPC Pharmaceutical Group, Genmab AS, Zhejiang Medicine Co. Ltd., Syndax Pharmaceuticals Inc., Astex Pharmaceuticals Inc., MEI Pharma Inc., SELLAS Life Sciences Group, Ambit Biosciences Corporation, Agios Pharmaceuticals Inc., Neomed Management AS, Oncolyze Inc., TC BioPharm, VERASTEM INC., Mirati Therapeutics Inc., Sunshine Lake Pharma, Sunesis Pharmaceuticals Inc.

How are evolving market trends shaping acute myeloid leukemia Strategies?

Increasing funds channeled into Research and Development by pharmaceutical corporations is a significant trend gaining traction in the acute myeloid leukemia market. R&D is employed to create enhanced products and services to cater to drug development needs. For instance, in May 2022 as per the National Library of Medicine (a national medical library based in the US), a research study titled ‘Daunorubicin or Idarubicin with Cytarabine Plus Quizartinib vs. Physician’s Choice in Newly Diagnosed FLT3-ITD+ AML (Q-SOC)’ entered into its third phase of clinical trials. The trials began in November 2021 and are anticipated to wrap up by March 2025.

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Which regions are emerging as leaders in the acute myeloid leukemia market?

North America was the largest region in the acute myeloid leukemia market in 2024. The regions covered in the acute myeloid leukemia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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