Global Hodgkin Lymphoma Treatment Market Size, Share & Forecast 2020-2026
Posted by nabeel on February 18th, 2021
The global Hodgkin lymphoma treatment market is anticipated to showcase considerable growth during the forecast period. A significant increase in the intensive research and development of Hodgkin lymphoma treatment along with the increase in the incidence and prevalence of Hodgkin lymphoma is anticipated to be a key factor propelling the growth of the market. Hodgkin lymphoma is a kind of cancer in the body system that affects the lymph nodes and other organs. Mainly, chemotherapy and radiation therapy are the highly adapted therapies adapted to kill the cancer tissues with a high radiation beam. However, due to the lack of technological resources leads to limited treatment.
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In past years, two major classes of drugs; antibody-drug conjugates (ADC) and programmed death 1 (PD-1) receptor inhibitors are labeled as advanced Hodgkin lymphoma. Moreover, clinical trials are conducted with these drugs to improvise results of Hodgkin lymphoma diagnosed patients. Furthermore, multi-agent of Chemotherapy and radiation therapy decreases the risk of relapse and encouraging the HL results. Hence, accelerating the market growth by advancing the Hodgkin lymphoma management with ADC and PD-1 receptor inhibitors. In February 2019, a randomized, multicentre, non-inferiority, and phase3 study had revealed that PET-adapted treatment is found appropriate for the treatment of newly diagnosed advanced Hodgkin lymphoma.
The increase in the demand for lymphoma treatment and intensive R&D is anticipated to increase the market share. Apart from this, an increase in the number of regulatory approval by the Food and Drug Administration (FDA) plays a significant role in Hodgkin lymphoma treatment market growth. For instance, In March 2017, Merck KgaA had received the US FDA approval for KEYTRUDA (pembrolizumab). KEYTRUDA (pembrolizumab) is a kind of drug which is used for the treatment of adult and pediatric patients having classical Hodgkin lymphoma (CHL). The drug treatment is also suitable for patients who have relapsed after three or more prior lines of therapy.
Recent Developments in Market
In March 2020, Tessa Therapeutics Inc. had launched Tessa Therapeutics TT11. The Tessa Therapeutics TT11 has become the first CAR-T therapy to receive the US Food and Drug Administration (FDA) regenerative medicine advanced therapy (RMAT) designation. CAR-T therapy is set to become useful cell-based therapy in the treatment of Hodgkin’s lymphoma (HL). The launched therapy is anticipated to displace the outdated stem cell transplants as the standard of care by 2024.
Global Hodgkin Lymphoma Treatment Market Segmentation
Global Hodgkin Lymphoma Treatment Market – Segment by Region
Rest of the World
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About the Authornabeel
Joined: November 26th, 2020
Articles Posted: 337
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