The global relapsed or refractory diffuse large B-cell lymphoma market size was valued at USD 1,500 million in 2021 and is projected to reach around USD 2,200 million in 2030 exhibiting a CAGR of 4.2% in the forecasted period. The rise in the number of oncology procedures is anticipated to boost the growth of the market during the forecasted period. Furthermore, upsurge in the number of people suffering from relapsed or refractory diffuse large b-cell lymphoma is estimated to add-on growth in the market during the estimated period.
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Additionally, rise in focus of manufacturers on adoption of inorganic growth strategies such as partnerships and acquisitions, to strengthen their product portfolio, and increase in rate of research activities by market players to develop treatment for relapsed or refractory diffuse large B-cell lymphoma quicken the market growth. Conversely, high cost related to the treatment and identification of relapsed or refractory diffuse large b-cell lymphoma is projected to hinder the market growth. Lack of skilled professionals is expected to challenge the relapsed or refractory diffuse large b-cell lymphoma market in the forecasted period.
The enormous predominance of diffuse large B-cell lymphoma is anticipated to drive the global market growth over the estimated timeframe. Diffuse immense B-cell lymphoma is the most well-known kind of non-Hodgkin’s lymphoma (NHL). As designated by the Lymphoma Research Foundation, a U.S.- based philanthropic association, in excess of 18,000 new cases of diffuse large B-cell lymphoma (DLBCL) are examined per year in the U.S.
Increasing authorization of therapeutics for relapsed or fixed diffuse large B-cell lymphoma by administrative specialists is expected to drive the global market growth over the assessed timeframe.
Market players are zeroing in on commendations for backslid or hard-headed diffuse large B-cell lymphoma therapeutics from governmental specialists as would be considered ordinary to speed up the global market growth. On February 8, 2021, Bristol Myers Squibb received endorsement for lisocabtagene maraleucel (liso-cel, Breyanzi), fanciful antigen receptor (CAR) T-cell treatment, revealed for diffuse large B-cell lymphoma (DLBCL), important mediastinal enormous B-cell lymphoma, high-grade B-cell lymphoma, and follicular lymphoma grade 3B, in patients who have not responded to, or who have relapsed later, lacking a doubt two dissimilar sorts of foundational treatment.
As the COVID-19 outbreak in December 2019, the infection has ranged to roughly 100 nations around the world, and the World Health Organization has marked it a general wellbeing crisis. According to the Coronavirus Disease (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 132 million cases and 2.87 million deaths owing to COVID-19 were accounted for till April 7, 2021 around the world.
Rapidly expanding cases of COVID-19 caused substantial disturbances in clinical preliminary accomplishment in the U.S., disturbing key partners across the business. Insightful site capabilities practiced commotion, driven by staff leaves, social-removing conventions, monetary misfortunes, and worries over understanding safety. Supporters, CROs, and different organizations that assist drug improvement move to distant work spaces. An anticipated 80% of non-COVID-19 primary tests were halted or delayed because of the COVID-19 pandemic.
As described by the National Center for Biotechnology Information (NCBI), on April 29, 2020, various clinical preliminaries postponed the preliminary enlistment, to restrict the hazard of contracting COVID-19, and this has provoked the delay of the enactment of new clinical introductions. Also, many organizations have efficiently missed the growth of the patients presently in beginnings. Moreover, travel limitations, patient concerns about constricting COVID disease, and other aspects are among those causing patients to draw from the clinical trial.
Drug Class Insights
On the basis of drug class, the relapsed or refractory diffuse large B-cell lymphoma market has been categorized into Monjuvi, XPOVIO, Polivy, Kymriah, Yescarta, and others. The XPOVIO category is to observe higher adoption of relapsed or refractory diffuse large B-cell lymphoma during the forecasted period. The major factor boosting the segment is the rising adoption rate of the drug by regulatory bodies. For instance, in June 2020, Karyopharm’s Selinexor, selective Inhibitor of Nuclear Export (SINE), has arrived the DLBCL market as the third line of treatment and has the possible to treat the patients who are resilient to CAR-T cell therapies.
Distribution Channel Insights
On the basis of distribution channel, the relapsed or refractory diffuse large B-cell lymphoma market has been categorized into retail pharmacies, hospital pharmacies, and online pharmacies. The hospital pharmacies category is to observe higher adoption of relapsed or refractory diffuse large B-cell lymphoma during the forecasted period. This is mostly owing to the accessibility of experienced healthcare professionals & the safety & efficiency throughout the treatment procedures also increasing hospital administration of patients globally are the major aspects for the growth of the segment.
Region Insights
Among regions, North America is anticipated to hold governing position in the global relapsed or refractory diffuse large B-cell lymphoma market during the forecasted period, due to growing product approval by regulatory experts in the region. In September 2020, Hoffmann-La Roche Limited (Roche Canada) received market approval from the Health Canada for Polivy in combination with bendamustine and rituximab (BR) for the management of adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL), not else specified, who are not authorized for autologous stem cell transplant and have got at least one prior therapy.
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Key Companies Insights
The market for relapsed or refractory diffuse large B-cell lymphoma is moderately competitive. With the rising applications of Relapsed or refractory diffuse large B-cell lymphoma, new players are considering to enter the market. The companies are also involved in events like joint ventures, acquisitions, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the Relapsed or refractory diffuse large B-cell lymphoma market, ultimately boosting the market growth. Some of the key companies working in the global market include:
• Karyopharm Therapeutics
• Merck & Co., Inc.
• MorphoSys, Inc.
• Novartis AG
• Bristol Myers Squibb
• Gilead Sciences, Inc.
• F. Hoffmann-La Roche AG
• Other players
Some of the Recent Developments:
• In November 2020, Xencor, MorphoSys and Incyte entered into a clinical collaboration to examine the combination of tafasitamab, enalidomide, and plamotamab in patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL).
• In July 2020, MorphoSys AG and Incyte got approval from the U.S. Food and Drug Administration (FDA) for Monjuvi along with lenalidomide for the management of adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) not otherwise specified, including DLBCL rising from low grade lymphoma, and who are not entitled for autologous stem cell transplant (ASCT).
Segments
By Drug Class
• Monjuvi
• XPOVIO
• Polivy
• Kymriah
• Yescarta
• Others
By Distribution Channel
• Retail Pharmacies
• Hospital Pharmacies
• Online Pharmacies
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
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Key Questions Answered in the Report:
- What will be the development pace of market? What is the growth rate of the global market?
- Who are the key manufacturers in the market space? Who are the world’s leading manufacturers?
- What are sales, revenue, and price analysis of the top manufacturers of market?
- Who are the distributors, traders, and dealers of market? What are the key factors driving the Global market?
- What are the market opportunities and threats faced by the vendors in the industries?
- What are deals, incomes, and value examinations by types and applications of the market?
- What are the primary factors driving market?
- What are the market’s advantages, disadvantages, and risks, as well as an overview of the market?
- Who are the Top Manufacturers in the Market in Terms of Sales, Revenue, and Price Analysis?
- Analysis of Industry Revenue, Sales, and Pricing, what is the difference between Equipment by region, type, and application?
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