The Global T-Cell Lymphoma Market Growth Accelerated By Adoption Of Targeted Therapies

 

T-Cell Lymphoma Market
T-Cell Lymphoma Market 

T-cell lymphoma is one of the major types of non-Hodgkin's lymphoma characterized by abnormal growth of certain white blood cells called T lymphocytes. Targeted therapies used for treatment of T-cell lymphoma offers advantages such as minimal side effects and increased efficacy. Drugs for T-cell lymphoma target specific molecules on lymphoma cells and interfere with their growth with minimal damage to normal cells. The global T-cell Lymphoma Market is estimated to be valued at US$ 1961.64 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The adoption of targeted therapies is expected to accelerate the growth of the T-cell lymphoma market during the forecast period. Targeted therapies such as monoclonal antibodies provide opportunities to investigate new ways to treat T-cell lymphoma by interfering specifically with lymphoma cell growth signals without harming normal cells. Drugs such as Brentuximab vedotin, Adcetris and Polatuzumab vedotin target specific molecules on lymphoma cells involved in their growth and survival. These targeted drugs have shown promising results with minimal side effects in clinical trials. With increasing awareness and benefits of targeted therapies, the T-cell lymphoma market is expected to witness significant growth over the forecast period.


Segment Analysis
The global T-cell Lymphoma market is dominated by peripheral T-cell lymphoma segment. This is because peripheral T-cell lymphoma is more common and aggressive as compared to other subtypes. It accounts for nearly 15% of all cases of non-Hodgkin lymphoma (NHL) in the US and 10-15% of cases in Europe. Its incidence increases with age and among people with weakened immune systems.

Key Takeaways:
The global T-Cell Lymphoma Market Growth  is expected to witness high growth during the forecast period of 2023-2030. The market size for 2023 is estimated to be US$ 1961.64 Mn. The global T-cell Lymphoma Market is estimated to be valued at US$ 1961.64 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030

Regional analysis:
North America region currently dominates the global T-cell Lymphoma market due to high incidences of lymphoma as well as presence of established players. The region is estimated to hold around 45% of the total market share in 2023 owing to increasing healthcare spending and growing adoption of advanced treatment therapies.

Key players:
Key players operating in the T-cell Lymphoma market are B. Braun Melsungen AG, Fagron NV, PharMEDium Services, LLC (AmerisourceBergen Corporation), Baxter International Inc., Fresenius Kabi AG, Advanced Pharma, Inc., McGuff Compounding Pharmacy Services, Inc., Central Admixture Pharmacy Services, Inc. (CAPS), Institutional Pharmacy Solutions, LLC, Wedgewood Pharmacy, Medisca Inc., Dougherty's Holdings, Inc., PharMEDium Services, LLC (AmerisourceBergen Corporation), PharMEDium Services, LLC, (AmerisourceBergen Corporation), BioScrip, Inc. These players are focusing on new product launches and expansions to strengthen their market presence.

For more insights, read- https://www.ukwebwire.com/t-cell-lymphoma-market-trends-size-and-share-analysis/

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