According to the research report titled ‘Global Leukemia Therapeutics Market Size Study, by type (Acute Myeloid Leukemia, Chronic Myeloid Leukemia, Acute Lymphocytic Leukemia, Chronic Lymphocytic Leukemia), by application (Chemotherapy, Radiation Therapy, Targeted Therapy, Biological Therapy, Stem Cell Transplant) and Regional Forecasts - 2019 To 2025’, available with Market Study Report, global leukemia therapeutics market was evaluated at USD 12500 million in 2019 and is speculated to reach USD 21080.98 million by 2027, recording a CAGR of 6% throughout.
 

Increasing geriatric population, and emphasis on early diagnosis of cancer are key factors boosting the global leukemia therapeutics market. Moreover, rising number of biotechnology firms, new discoveries in drug delivery methods, and growing investments in research & development are proliferating the indsutry share.
 

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For the unversed, leukemia associated therapeutics is used to treat hematological cancer of blood forming tissues, associated with bone-marrow and blood-components. Hematological cancer occurs when damaged lymphocytes are made by bone marrow which leading to dysfunctionality in producing antibodies, and affects patient’s ability to ward off infections.
 

Efforts by the government to improve cancer awareness, presence of limited companies in the marketplace, and rising accessibility to treatments because of off label prescribing will act in favor of business scenario. On the other hand, high cost of research & development is hampering the growth of global leukemia therapeutics industry.
 

Based on types, the market is classified into acute myeloid leukemia, chronic myeloid leukemia, chronic lymphocytic leukemia, and acute lymphocytic leukemia. Moving on to application scope, the industry is classified into chemotherapy, radiation therapy, targeted therapy, biological therapy, and stem cell transplant.
 

From the regional frame of reference, North America accounted for majority of global leukemia therapeutics market share in the recent past, due to availability of treatment options, and rising cases of leukemia.
 

Meanwhile, Asia Pacific leukemia therapeutics market is projected to expand rapidly over the analysis period, owing to rising cases of cancer, increasing government funding, investment in research & development, and larger number of patients in developing countries.
 

Key players profiled in the report are Biogen Inc., Novartis International AG, Takeda Oncology, Eisai Co. Ltd., F. Hoffmann La-Roche AG, Daiichi Sankyo Company Ltd., Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Celgene Corporation, and Pfizer Inc.