PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1447637
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1447637
Global Acute Myeloid Leukemia Market size will grow at 10.7% CAGR from 2024 to 2032, propelled by regulatory approvals for novel drugs and therapies for the disease treatment. Rapid advancements in treatment options and the ongoing R&D efforts are providing patients with access to more effective and targeted therapies for improving the overall outcomes. With strong focus on personalized medicine and innovative treatments, the acute myeloid leukemia (AML) industry will expand as new therapeutic options emerge while the existing treatments are optimized for enhanced efficacy. For instance, in December 2022, the FDA granted approval for OLU [89], an IDH1 inhibitor, for the treatment of relapsed or refractory (R/R) AML. This approval is based on a phase 1/2 trial involving patients with IDH1-mutant R/R AML who had not previously received IDH1 inhibitors
The acute myeloid leukemia market is segmented into disease type, treatment type, route of administration, end-user, and region.
Based on disease type, the industry size from the myelomonocytic leukemia segment will achieve 11.6% CAGR up to 2032, driven by its prevalence as it accounts for a significant portion of AML cases. Myelomonocytic leukemia is characterized by the presence of both myeloid and monocytic cells, requiring targeted treatment approaches. With advancements in understanding the molecular mechanisms of this subtype, tailored therapies are being developed, further contributing to the segment growth.
AML market size from the targeted therapy treatment type segment will foresee an 11.4% CAGR between 2024 and 2032. This is due to the efficacy and specificity of targeted therapies in treating AML, which often have fewer side effects compared to traditional chemotherapy. Drugs targeting specific mutations like FLT3, IDH1, and IDH2 are gaining prominence. The ongoing advancements in targeted therapy development and personalized medicine approaches for offering promising treatment options for patients will also drive the segment expansion.
Asia Pacific acute myeloid leukemia market will register a 12.3% CAGR from 2024 to 2032. The growth can be attributed to the increasing prevalence of AML, particularly in countries like China and Japan along with the rising aging population. Robust advancements in healthcare infrastructure are expanding the access to treatment options across the region. With the growing focus on personalized medicine and innovative therapies, Asia Pacific will further emerge as a key contributor in the acute myeloid leukemia industry.