Multiple Myeloma Market Size Forecast, Epidemiology Analysis, Emerging Drug Uptake and Key Companies Assessment by Delve
Multiple Myeloma Market Size Forecast, Epidemiology Analysis, Emerging Drug Uptake and Key Companies Assessment by DelveInsight (LAS VEGAS, US) The Multiple Myeloma Market size across the 8MM i.e. the United States, Eu5(the UK, Germany, France, Italy, Spain), China and Japan, was $16.27bn in 2019 and is increasing with a modest CAGR during the study period (2017-2030), according to DelveInsight, a leading company in healthcare analytics and consulting. The market size for Multiple Myeloma therapies will increase dramatically by 2030 due to the arrival of upcoming therapies that will carve out niche roles in the drug landscape. DelveInsight's latest report on Multiple Myeloma Epidemiology and Market indicates that the impressive growth in market size is due to the rise in incident cases of Multiple Myeloma in 8MM, incorporation of immune-therapies in treatment landscape increased patient adherence and adoption of newer therapies. Also, rich emerging pipeline, better diagnosis, rising awareness and expected increase in investment in the R&D activities are some additional factors that are going to fuel the market. Some key highlights from the report: u2022tThe total incident cases of Multiple Myeloma are expected to reach 91,520 in 2020 in the 8MM u2022tHigher usage of bortezomib based regimen observed across the US, EU5 and JP; Bortezomib Lenalidomide dex regimen is the preferred treatment choice in the US and Japan in the first-line compared to Bortezomib Melphalan u00b1 Prednisone and Bortezomib dex regimen in EU5. In the case of China, higher usage of thalidomide based regimen found in the first-line setting u2022tAmong emerging therapies, Bristol Myers Squibb and Bluebird Bio's anti-BCMA CAR T Cell Therapy Idecabtagene Vicleucel (Ide-cel, bb2121) is expected to result in significant revenues owing to promising results, one-time dosing and premium pricing in heavily pretreated patients u2022tKey Companies fuelling the Multiple Myeloma market size growth are GlaxoSmithKline, Bristol-Myers Squibb, AbbVie, Roche, Janssen Research & Development, Merck Sharp & Dohme Corp., Pfizer, Takeda, Amgen, AstraZeneca etc. u2022tPatent expiry of multiple blockbuster drugs like Revlimid, Pomalyst, Darzalex and Kyprolis is on the lines to expire from 2026 onwards, and this will erode the sales value significantly and the market is expected to decline from 2028 onwards due to cumulative impacts of patent expiry. Download Multiple Myeloma Sample: https://www.delveinsight.com/sample-request/multiple-myeloma-market Though Multiple Myeloma is not common cancer; still, it is the second most diagnosed blood cancer in the United States. It is worth highlighting that it is a heterogeneous haematological malignancy in which epidemiology plays an increasingly important role. Over the past years, intensive clinical and molecular epidemiological research has extended the information about its pathogenesis, risk factors, and prognostic components which aided the approval of new drugs. Despite arduous research endeavors, the etiology remains enigmatic. The untimely or prolonged diagnosis has a severe impact on the clinical course of Multiple myeloma and a negative impact on disease-free survival. It's an unfortunate fact that approximately 95% of all the Multiple Myeloma cases are diagnosed at distant stages. The report reviews the changing epidemiology and provides the forecasts upto 2030, highlights treatment patterns, and the health disparity observed in important subgroups of Multiple Myeloma. Multiple myeloma report contains epidemiological analysis segmented as the following: u2022tTotal Multiple Myeloma Incident Cases u2022tTotal Multiple Myeloma Incident cases by Age Distribution u2022tTotal Symptomatic Multiple Myeloma Cases u2022tCases of Multiple Myeloma by Treatment Line u2022tGender-specific cases of Multiple Myeloma Multiple Myeloma Market Scenario The current standard of care of Multiple myeloma treatment includes stem cell transplant, conventional chemotherapy, targeted therapy, surgery, and radiation therapy. Chemotherapies can be given alone or in conjunction with other drugs including corticosteroids, proteasome inhibitors, immune-modulators, and monoclonal antibodies, anti-resorptive agents such as bisphosphonates and NSAIDs, or narcotics. Currently, Lenalidomide is the market leader in multiple myeloma treatment landscape, and usage as monotherapy and also in combination with other therapies can be found across all the settings. Darzalex is also being used by the healthcare experts in combination as doublet, triplet, and quadruplet with existing therapies for the good treatment strategies and better result outcomes and has impacted the MM treatment landscape significantly. Label expansion along with higher usage of Darzalex has translated into higher revenues and expected to generate maximum revenue by 2025 before the competition and expected patent expiry would erode the sales value. At present, among the IMid's agents, Revlimid dominates the Multiple Myeloma market in the 8MM, where it is included in all lines of Multiple Myeloma therapy either as monotherapy or in combination with other drugs. In 2017, Revlimid generated a revenue of USD 7,140 million in the 8MM. Despite the loss of patent exclusivity among the major markets and approval of other potential pipeline candidates, it will continue to maintain a strong presence during the forecast period as a molecule. The novel emerging therapies are expected to bring a paradigm shift in the Multiple Myeloma treatment landscape by catering to larger unmet needs. Report includes exhaustive analysis of Multiple Myeloma Pipeline Therapies u2022tIdecabtagene vicleucel (ide-cel): Bristol Myers Squibb and bluebird bio u2022tVenetoclax (Venclexta, Venclyxto): AbbVie u2022tJNJ-68284528 LCAR-B38M/JNJ-4528): Janssen Research and Development u2022tKeytruda (pembrolizumab): Novartis u2022tMelflufen (melphalan flufenamide): Oncopeptides u2022tCetrelimab (JNJ-63723283): Janssen Research and Development u2022tREGN5458: Regeneron Pharmaceuticals u2022tIberdomide: Celgene u2022tNY-ESO-1 C259 T Cells: GlaxoSmithKline u2022tBraftovi (encorafenib): Pfizer u2022tJCARH125: Celgene Corporation u2022tFelzartamab (MOR202): I-Mab Biopharma u2022tChidamide (Epidaza): Shenzhen Chipscreen Bioscience The past couple of decades have shown vast changes in the treatment landscape of Multiple Myeloma, starting with the use of stem cells trailed by the availability of novel treatments such as immunomodulators and proteasome inhibitors that have transformed the natural history of the indication, leading to increased survival times. Ongoing advancements in emerging Novel therapies such as CAR-T cell and monoclonal antibodies are showing promising results in treating multiple myeloma patients and are also expected to drive the growth of the market. Recent years have witnessed an influx of several pharma companies exploring the Multiple Myeloma market through novel targets and therapies. Although the emerging pipeline candidates will reduce the gaps however, the opportunities will still remain. As a ray of hope, the launch of new drugs have extended the median overall survival of Multiple Myeloma patients to 4-6 years; however the stark reality is that the ten year survival rate is 3%. The long term burden of the therapies makes life pretty difficult for the patients. There is a dire need for a permanent cure. Another hurdle is the existing expensive treatment options that create a barrier for the aged uninsured population to get hold of costly therapies. The factors like drug-induced toxicities, differences in clinical care, access to the therapies in real-world settings are the observed gaps between trial-based and real-world outcomes. DelveInsight believes that the Multiple Myeloma market is an attractive prospect for the companies due to the high unmet needs and low regulatory hurdles. Key Trends of Multiple Myeloma Market Report: https://www.delveinsight.com/report-store/multiple-myeloma-market Scope of the Report u2022tGeography Covered: 8MM - The United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), Japan, and Chine. u2022tStudy Period: 3-year historical and 11-year forecasted analysis (2017-2030). u2022tMarkets Segmentation: By Geographies, By Therapies (Forecasted Historical). u2022tCompanies Covered: GlaxoSmithKline, Bristol-Myers Squibb, AbbVie, Roche, Janssen Research & Development, Merck Sharp & Dohme Corp., Pfizer, Takeda, Amgen, AstraZeneca, and several others. u2022tAnalysis: Comparative and conjoint analysis of emerging therapies, Attribute Analysis, u2022tCase Studies u2022tKOL's Views u2022tAnalyst's View The Multiple Myeloma Marketed drugs covered report are: u2022tSarclisa (Isatuximab): Sanofi u2022tDarzalex (Daratumumab): Janssen Research and Development u2022tEmpliciti (Elotuzumab): Bristol-Myers Squibb and AbbVie u2022tVelcade (bortezomib): Takeda u2022tPomalyst (Pomalidomide): Celgene Corporation u2022tRevlimid (Lenalidomide): Celgene Corporation u2022tFarydak (panobinostat): Novartis Pharmaceuticals u2022tKyprolis (Carfilzomib): Amgen u2022tNinlaro (ixazomib): Takeda Pharmaceuticals u2022tBlenrep (Belantamab Mafodotin): GlaxoSmithKline Table of Contents 1tKey Insights 2tExecutive Summary of Multiple Myeloma 3tKOL Views 4tSWOT Analysis of Multiple Myeloma 5tMultiple Myeloma Market Overview at a Glance 6tDisease Background and Overview: Multiple Myeloma 7tDiagnosis of Multiple Myeloma 8tMultiple Myeloma Epidemiology and Patient Population 9tThe United States Multiple Myeloma Epidemiology 10tEU-5 Multiple Myeloma Epidemiology 11tJapan Multiple Myeloma Epidemiology 12tChina Multiple Myeloma Epidemiology 13tMultiple Myeloma Treatment 14tUnmet Needs in the Multiple Myeloma Market 15tPatient Journey of Multiple Myeloma 16tKey Endpoints of Multiple Myeloma Clinical Trials 17tMultiple Myeloma Marketed Therapies 18tMultiple Myeloma Emerging Therapies 19tMultiple Myeloma 8 Major Market Analysis 20t8MM Multiple Myeloma Market Size 21tThe United States Multiple Myeloma Market Size 22tEU-5 Multiple Myeloma Market Size 23tJapan Multiple Myeloma Market Size 24tChina Multiple Myeloma Market Size 25tMarket Access and Reimbursement of Multiple Myeloma (MM) Therapies 26tMultiple Myeloma Market Drivers 27tMultiple Myeloma Market Barriers 28tAppendix 29tDelveInsight Capabilities 30tDisclaimer 31tAbout DelveInsight Request a WebEx Walkthrough of the Report: https://www.delveinsight.com/report-store/multiple-myeloma-market Related Report: CAR T-Cell Therapy for Multiple Myeloma-Market Insights and Market Forecast-2030 : This report delivers an in-depth understanding of the CAR T-Cell Therapy use for Multiple Myeloma as well as the CAR T-Cell Therapy market trends for Multiple Myeloma. It provides current treatment practices, emerging drugs, CAR T-Cell Therapy market share of the various CAR T-Cell Therapies for Multiple Myeloma, the individual therapies, current and forecasted Multiple Myeloma CAR T-Cell Therapy market Size from 2017 to 2030. About DelveInsight DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end to end comprehensive solutions to improve their performance. Get hassle-free access to all the healthcare and pharma market research reports through our subscription-based platform PharmDelve. Contact Us: Shruti Thakur info@delveinsight.com 1(919)321-6187 www.delveinsight.com SOURCE DelveInsight Business Research, LLP
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