The size of the Leukemia Therapeutics Market in Latin America has been estimated at USD 0.74 Billion in 2022 and is projected to reach USD 1.23 Billion by 2027, growing at a CAGR of 10.7% during the forecast period from 2022 to 2027.
Leukemia is a type of blood cancer resulting in the abnormal production of blood cells, generally white blood cells. There are several types of leukemia that appear suddenly and progress rapidly over days to weeks. Others are less apparent and progress slowly over months to years. It can be identified by the spread of the diseases and by the type of the blood cell that is affected.
The market in Latin America for Leukemia Therapeutics is driving mainly due to factors like increasing geriatric population base and high prevalence of leukemia, along with increasing awareness in people regarding new treatments and drugs which is being made possible with recent breakthroughs.
But the market growth can dip due to the extremely high cost of drugs and therapies.
This research report on the LATAM Leukemia Therapeutics Market has been segmented and sub-segmented into the following categories
By Disease Condition:
By disease condition, chronic myeloid leukemia dominated the overall therapeutic market owing to the high prevalence rate. Stem cell therapy and bone marrow transplant are the emerging trends in the leukemia therapeutics market. Gleevec was one of the major market growth contributors, in the drugs category.
Due to rising awareness for healthcare among the population in developing nations of this region, there is quite an increase in the penetration of companies into this segment, as well as the regional market in Latin America.
Prominent companies leading in the Latin America Leukemia Therapeutics market profiled in the report are F.Hoffmann-La Roche Ltd, GlaxoSmithKline Pharmaceuticals Limited, Novartis International AG, Bristol-Myers Squibb, Eisai Co. Ltd, Biogen Idec, ERYtech Pharma, Celgene Corporation, Genmab A/S, Cephalon Inc., Clavis Pharma, and Pfizer Inc. are the major players of Latin America Leukemia Therapeutics market.
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