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What key factors are powering the surge in the minjuvi or monjuvi market right now?

Over the recent years, there has been a XX (HCAGR) in the minjuvi or monjuvi market size. The projections estimate a growth from $XX million in 2024 to $XX million in 2025 with a compound annual growth rate (CAGR) of XX%. This growth within the historic period can be linked to a growing emphasis on combination drug approvals, expansion of access programs, advantageous reimbursement policies for targeted therapies, increased mortality rate linked with untreated relapsed DLBCL, and a surge in the demand for biologics in oncology.

How fast Is the minjuvi or monjuvi market expected to grow, and what’s its future value?

In the coming years, the market size for minjuvi or monjuvi is anticipated to experience an XX (FCAGR). By 2029, the market is projected to expand to $XX million with a compound annual growth rate (CAGR) of XX%. The growth anticipated within the forecast period is driven by factors such as increased attention to elderly patient groups, heightened healthcare awareness, expanded application of CD19-targeted treatments, and rising cancer survival rates along with significant funding for cancer research by government and non-governmental organizations. The forecast period will likely see major trends including the innovation of monoclonal antibodies, the granting of orphan drug statuses, a shift towards immunotherapy as an alternative to chemotherapy, incorporation of artificial intelligence in the search for new treatments in oncology, and the debut of biosimilars.

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What are the leading drivers of growth in the minjuvi or monjuvi market?

The surge in cancer prevalence is projected to fuel the expansion of the minjuvi or monjuvi market. Cancer encompasses a variety of diseases marked by the unrestrained proliferation and dissemination of abnormal cells throughout the body. The rise in cancer occurrence is associated with aging, lifestyle choices such as smoking and poor diet, environmental exposure, genetic predispositions, and enhanced detection techniques. Minjuvi (Monjuvi) is utilized in tandem with lenalidomide to combat relapsed or refractory diffuse large B-cell lymphoma (DLBCL), offering a more effective approach to target cancer cells. As an example, a report issued by the Australian Institute of Health and Welfare in August 2024 indicated that by 2034, Australia will see approximately 209,000 new cancer cases, a notable escalation from the projected 169,000 cases in 2024. Furthermore, it’s predicted that cancer will be the cause of nearly three out of every ten deaths in the country in 2024. Hence, the escalation in cancer prevalence is stimulating the advancement of the minjuvi or monjuvi market.

What are the key segments defining the minjuvi or monjuvi market?

The minjuvi or monjuvi market covered in this report is segmented –

1) By Indication: Relapsed Or Refractory Diffuse Large B-cell Lymphoma (DLBCL), Other B-Cell Malignancies

2) By Formulation: Intravenous Infusion, Pre-Filled Syringes

3) By Distribution Channel: Hospitals, Oncology Clinics, Specialty Pharmacies, Home Healthcare Services

4) By End User Patients: Adult Patients, Geriatric Patients

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Who are the key players steering the development of the minjuvi or monjuvi market?

Major companies operating in the minjuvi or monjuvi market include Incyte Corporation

What emerging trends are influencing the growth of the minjuvi or monjuvi market?

In the minjuvi or monjuvi market, a notable trend revolves around the advent of inventive therapies like combo therapy, geared towards enhancing the success of treatment and patient outcomes suffering from B-cell disorders, particularly relapsed or refractory DLBCL. Combo therapy involves the simultaneous use of two or more treatments, medications, or therapies to tackle a specific health condition. This strategy purports to boost the overall efficacy of a treatment, commonly through targeting divergent pathways or mechanisms that play a role in the illness. For instance, Knight Therapeutics Inc., a pharmaceutical corporation based in Canada, launched Minjuvi (tafasitamab) through its affiliate in Brazil, United Medical Ltda, in February 2024. When combined with lenalidomide, Minjuvi (tafasitamab) offers an immunotherapy treatment for relapsed or refractory diffuse large B-cell lymphoma (DLBCL) patients who can’t undergo autologous stem cell transplantation. The combination registers substantial objective response rates and is a prime second-line treatment as per NCCN guidelines.

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Which regions are most influential in expanding the minjuvi or monjuvi market?

North America was the largest region in the minjuvi or monjuvi market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the minjuvi or monjuvi market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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