According to FutureWise analysis the market for Acute Myeloid Leukemia is projected to expand at a CAGR of 12% over the forecast period of 2023-2031.
The complex hematologic malignancy known as acute myeloid Leukemia (AML) is characterised by the clonal expansion of myeloid blasts in the bone marrow, and/or other organs. This type of acute Leukemia, which is more common in adults, is responsible for the majority of leukemia-related deaths in the United States each year. Large chromosomal translocations and mutations in the genes involved in hematopoietic proliferation are the causes of the rise in poorly formed myeloid cells. AML is a very heterogeneous disease; although cases can be divided into groups with favorable, intermediate, and unfavorable risks based on their cytogenetic profiles, prognosis within these groups varies greatly.
The typical age of diagnosis is 67 years, with 54% of patients receiving their diagnosis at 65 or older (and around a third of those receiving their diagnosis at or below 75 years old). As a result, the incidence of AML appears to be increasing as the population ages. Prolonged exposure to petrochemicals, solvents like benzene, insecticides, and ionizing radiation are environmental factors that have long been known to raise the risk of AML. Individual prognosis and management have been improved due to the discovery of recurrent genetic variants such as FLT3-ITD, NMP1, and CEBPA. Despite advancements in supportive care, a combination of chemotherapy regimens based on cytarabine and anthracyclines combined with allogeneic stem cell transplantation for suitable individuals remains to be the cornerstone of therapy. Elderly patients frequently can't endure such regimens and frequently carry a poor prognosis.
FutureWise Market Research has published a report that provides an insightful analysis of acute myeloid Leukemia market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the acute myeloid Leukemia market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.