The market was estimated at USD XX million in 2015 and is expected to reach USD XX million by 2021, growing at a CAGR of X% during the forecast period 2016 to 2021.
As per the American Cancer Society, it is estimated that 19,950 new cases of acute myeloid leukemia (AML) are expected, in 2016; most of the cases are in adults. Due to AML, nearly 10,430 deaths are expected in 2016 in the United States itself. The National Cancer Institute states that only 26.6% diagnosed cases survive for five years. New drug launches and targeted therapy trends are propelling the growth of the market. The increasing access to drugs in the emerging economies, due to these countries’ government initiatives, and increasing spending on the development of healthcare facilities in these regions are fueling the growth of the market.
Key factors propelling the growth of the market, globally, are -
The key factors turning out to be constraints for this market are -
The market has been segmented based on chemotherapeutics and geography. The chemotherapeutics segment includes cytarabine, anthracycline drugs, alkylating agents, anti-metabolites, tyrosine kinase inhibitors, hormonal therapy and others. The anthracycline drugs have been further segmented into Daunomycin, Idarubicin, and Mitoxantrone. The tyrosine kinase inhibitors include Dasatinib and Imatinib.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa and South America.
The key players in this market are
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