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Multiple Myeloma Market is Expected to Surpass USD 53.52 Billion by 2031, Report

12-18-2023 12:20 PM CET | Health & Medicine

Press release from: Allied Market Research

Multiple Myeloma Market is Expected to Surpass USD 53.52 Billion

The multiple myeloma market size was valued at $19,666.74 million in 2021, and is projected to reach $53,521.76 million by 2031, registering a CAGR of 10.5% from 2022 to 2031.

Market Size By 2031 USD 53.5 billion
Growth Rate CAGR of 10.5%
Forecast period 2021 - 2031
Report Pages 411

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐’•๐’‰๐’† ๐‘น๐’†๐’‘๐’๐’“๐’• ๐‘ฏ๐’†๐’“๐’†-
https://www.alliedmarketresearch.com/request-sample/3725

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‚๐จ๐ฏ๐ข๐-19 ๐จ๐ง ๐Œ๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ž ๐Œ๐ฒ๐ž๐ฅ๐จ๐ฆ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The outbreak of COVID-19 had a negative effect on the global multiple myeloma market, due to the social distancing rules which led to halt several clinical trials. Moreover, a lack of medical professionals, a lack of funding, and lockdowns have led to an increase in the number of patients who were unable to access timely treatments.

Furthermore, due to the disruption of the supply chain brought on by the pandemic, there were fewer medications available to treat multiple myeloma.

Also, R&D activities were severely impacted by the pandemic. The development of new therapies and treatments for multiple myeloma was also slowed down.

However, the global market for multiple myeloma has already recovered in the post-pandemic period.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (411+ ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: https://www.alliedmarketresearch.com/multiple-myeloma-market/purchase-options

By drug type, the protease inhibitors segment contributed to more than one-third of the global multiple myeloma market revenue and is projected to rule the roost by 2031. The same segment would also portray the fastest CAGR of 11.1% throughout the forecast period. The segments such as chemotherapy, monoclonal antibody, and others are also studied in the report.

By end user, the hospitals segment accounted for the highest share in 2021, for nearly two-thirds of the global multiple myeloma market revenue and is expected to continue its lead during the forecast period. The same segment, however, would manifest the fastest CAGR of 10.7% throughout the forecast period. The clinics and others segments were also assessed in the study.

By disease type, the active multiple myeloma segment held the largest share in 2021, accounting for more than four-fifths of the global multiple myeloma market and would dominate the market in terms of revenue during the forecast period. The same segment would also cite the fastest CAGR of 10.6% throughout the forecast period. The smoldering multiple myeloma segment is discussed in the report.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ:
https://www.alliedmarketresearch.com/purchase-enquiry/3725

Key findings of the study

โ€ข By drug type, the protease inhibitor segment dominated the market in 2021.

โ€ข On the basis of disease type, the active multiple myeloma segment led the market in 2021.

โ€ข Depending on end user, hospitals was the prominent segment in 2021.

โ€ข Region wise, North America exhibited the highest growth in 2021, and is expected to grow during the forecast period.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž- https://www.alliedmarketresearch.com/multiple-myeloma-market

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-
๐‚๐ฅ๐ž๐š๐ง๐ซ๐จ๐จ๐ฆ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐š๐›๐ฅ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/cleanroom-consumables-market-A10926

๐‚๐Ž๐๐ƒ ๐š๐ง๐ ๐€๐ฌ๐ญ๐ก๐ฆ๐š ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ ๐š๐ง๐ ๐Œ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐  ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/copd-and-asthma-diagnostic-and-monitoring-devices-market-A10567

๐†๐ฅ๐จ๐ฏ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/gloves-market-A08867

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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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