The Myelodysplastic Syndrome Drugs Global Market Report 2023, provides comprehensive information on the myelodysplastic syndrome drugs market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Myelodysplastic Syndrome Drugs Market’s Growth:
The global myelodysplastic syndrome drugs market size is expected to grow from $1.88 billion in 2022 to $2.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global myelodysplastic syndrome drugs market size is expected to reach $2.98 billion in 2027 at a CAGR of 9.5%.
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Research innovations are the key trend gaining popularity in the myelodysplastic syndrome drug market. Major companies operating in the myelodysplastic syndrome drug sector are focused on developing new technological and innovative solutions to strengthen their position in the market. For instance, in May 2021, Novartis, a Switzerland-based healthcare company, has received FDA fast track designation in myelodysplastic syndromes for Sabatolimab (MBG453). Sabatolimab is a first-in-class investigational immuno-myeloid therapy that binds to TIM-3, an innovative target articulated on numerous immune system cell types, leukemic cells, and blasts but not on normal stem cells that induce blood formation; it is being developed for HR-MDS and acute myeloid leukemia (AML). Fast track designation expedites the development and approval of medications to treat serious illnesses and address unmet medical needs.
The myelodysplastic syndrome drugs market is segmented:
1) By Therapeutic Class: Immunomodulatory Drugs, Hypomethylating Agents, Anti-anemics
2) By Type of Syndrome: Refractory Cytopenia With Multilineage Dysplasia, Refractory Anemia, Refractory Anemia With Excess Blasts, Refractory Anemia With Ringed Sideroblasts
3) By Route of Administration: Oral, Parenteral
4) By Applications: Original, Generics
5) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers
North America was the largest region in the myelodysplastic syndrome drugs market in 2022.
The table of contents in TBRC’s myelodysplastic syndrome drugs market report includes:
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Top Major Players
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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