Lymphoma Treatment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

The global lymphoma treatment market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for high-priced drugs such immune checkpoint inhibitors, Keytruda, and Opdivo.

Lymphoma is a type of cancer that affects the lymphatic system. Lymphocytes, a type of white blood cell, are where it develops. These cells aid in the battle against disease and play a crucial part in the body's immunological defenses. Lymphoma is caused by abnormal growth of B or T lymphocytes and leukocytes. It can also develop if these cells live longer than their typical lifespan. As this type of cancer is found in the lymphatic system, it can rapidly spread to other tissues and organs throughout the body. The liver, bone marrow, and lungs are the most common sites for lymphoma to spread. Lymphoma can affect anyone at any age, but it is one of the most frequent cancers in children and young adults aged 15 to 24 and it is usually curable. Hodgkin lymphoma and non-Hodgkin lymphoma are the two main types of lymphoma. Hodgkin lymphoma occurs in the lymphatic system's lymph nodes. Non-Hodgkin lymphoma is the most prevalent type of lymphoma, and it arises in lymphatic system and lymph node-related tissues. Lymphoma symptoms include lymph node swelling, fever, weight loss, nighttime sweets, anorexia, itching, dyspnea, and exhaustion. Immunophenotyping, FISH (Fluorescence in Situ Hybridization) testing, and flow cytometry are all frequent techniques used to diagnose lymphoma. Patients with lymphoma are treated with radiation therapy, chemotherapy, and monoclonal antibody therapy.

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Chemotherapy is the most prevalent treatment for lymphoma among all of these alternatives. Chemotherapy is one of the most important methods for lymphoma treatment since it kills cancer cells by preventing them from dividing. During the course of treatment, these drugs travel throughout the body. Adcertis (brentuximab), Arranon (nelarabine), Adriamycin (doxorubicin), Decadron (dexamethasone), Baycadron (dexamethasone), Deltasone (prednisone), Dexamethasone Intensol (dexamethasone), Dexpak Taperpak (dexamethasone), and Folotyn are some of the medications used to treat lymphoma (pralatrexate). Prednicot (prednisone), Roferon-A (interferon alfa-2a), Solurex (dexamethasone), Leukeran (chlorambucil), Zema Pak (dexamethasone), Velcade (bortezomib), Sterapred DS (prednisone), Thioplex (thiotepa), Velban (vinblastine), and Trexall are among the other medications (methotrexate).

Market Trends, Drivers, Restraints, and Opportunities

• Increasing incidence of lymphoma worldwide is projected to boost the market growth during the forecast period.
• Increasing initiatives by public as well as private institutes to spread the awareness lymphoma is expected to drive the market growth in the coming years.
• Technological advancements for better diagnosis of lymphoma which in turn results in high cure rate in certain lymphoma is expected to propel the market growth further during the forecast period.
• High cost of treatment for therapies such as immunotherapies, inaccessibility and unavailability suitable payment plans are expected to impede the market growth during the forecast period.
• Increased R&D investments for development of lymphoma treating drugs and technological advancement are expected to offer lucrative opportunities for the market players.

Market Segment Insights

Non-hodgkin lymphoma segment is expected to account for a key share of the market

Based on type, the lymphoma treatment market is bifurcated into hodgkin lymphoma and non-hodgkin lymphoma. The non-hodgkin lymphoma segment is expected to account for a key share of the market during the forecast period due to presence of major drugs like Revlimid, Rituxan, and Imbruvica.

On the other hand, the hodgkin lymphoma segment is anticipated to expand at a rapid pace during the forecast period due to the label extension of existing medications and the emergence of new therapies for relapsed or refractory hodgkin lymphoma.

Revlimid segment is expected to constitute a key share of the market

Based on drugs, the lymphoma treatment market is segmented into adcetris, opdivo, rituxan, imbruvica, keytruda, revlimid, and others. The revlimid segment is expected to constitute a key share of the market during the forecast period due to increase in the duration of cancer therapies.

On the other hand, the rituxan/mabthera segment is anticipated to expand at a rapid pace during the forecast period owing to increasing usage of this medicine in numerous indications and a high prescription rate in important areas such as the United States and Europe.

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Regional Outlook

On the basis of regions, the lymphoma treatment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at an impressive CAGR during the forecast period. The regional market growth can be attributed to due to the existence of major players, the availability of novel drugs, the presence of a well-established healthcare system, and substantial R&D spending.

On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to rising healthcare expenditure, high growing healthcare needs, increased awareness about treatment options, and availability of effective treatment in emerging countries such as China and South Korea.

Compititive Landscape

Key players competing in the lymphoma treatment market are Bristol-Myers Squibb Company; Celgene Corporation; Merck & Co., Inc.; F. Hoffmann-La Roche Ltd.; Seattle Genetics, Inc.; Takeda Pharmaceutical Company Ltd.; Johnson & Johnson; Eli Lilly and Company; and Abbott Laboratories.

Some of the key business strategies employed by companies in the market are mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For example, Seattle Genetics' collaborated with Takeda Pharmaceuticals to commercialize Adcetris outside of North America.

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