Overview and Scope
Mycosis fungoides treatment refers to the use of various therapies, medications, and procedures to manage and alleviate the symptoms of a disease called cutaneous T-cell lymphoma, a rare form of non-Hodgkin lymphoma that primarily affects the skin. This treatment typically involves a combination of therapies, such as topical medications and systemic treatments like immunotherapy, depending on the stage and severity of the disease.
Sizing and Forecast
The mycosis fungoides treatment market size has grown strongly in recent years. It will grow from $0.91 billion in 2023 to $0.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased incidences of immune system dysfunction, inflating utilization of efficacious therapeutics, widespread adoption of phototherapy, rise in usage of radiation therapy, and the increased popularity of supportive care measures.
The mycosis fungoides treatment market size is expected to see strong growth in the next few years. It will grow to $1.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to advancements in healthcare infrastructure, increasing patient population, and increase in prevalence of mycosis fungoides due to unhygienic lifestyles. Major trends in the forecast period include technological advancements in treatment associated with chemotherapy, a rise in demand for monoclonal antibodies as first-line therapy, the launch of new advanced products, and increasing investment in research and development.
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Segmentation & Regional Insights
The mycosis fungoides treatment market covered in this report is segmented –
1) By Drug Type: Topical Steroids, Mechlorethamine
2) By Treatment Type: Photodynamic Therapy, Radiation Therapy, Targeted Therapy, Chemotherapy
3) By End-user: Hospitals, Private Clinics, Specialty Clinics
North America was the largest region in the mycosis fungoides treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mycosis fungoides treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in lymphoma cancer incidence is expected to propel the growth of the mycosis fungoides treatment market going forward. Lymphoma refers to a cancer of the lymphatic system, which includes the lymph nodes, spleen, thymus gland, and bone marrow. Lymphoma cancer incidence is on the rise due to a combination of various factors, including environmental exposures, increasing viral infections, an aging population, and several lifestyle factors. Mycosis fungoides treatments, such as topical corticosteroids, phototherapy, and systemic therapies, are used in managing cutaneous T-cell lymphomas. These therapies aim to control skin lesions, reduce symptoms, and manage disease progression in lymphoma patients. For instance, in January 2024, according to the American Cancer Society, a US-based non-profit organization, non-Hodgkin lymphoma (NHL) was one of the most common cancers in the United States, accounting for about 4% of all cancers. It was estimated that approximately 80,620 people (44,590 males and 36,030 females) would be diagnosed with NHL, and about 20,140 people (11,780 males and 8,360 females) would die from this cancer in 2024. Therefore, the rise in lymphoma cancer incidence is driving the growth of the mycosis fungoides treatment market.
Key Industry Players
Major companies operating in the mycosis fungoides treatment market are Pfizer Inc., Merck & Co. Inc., Bristol Myers Squibb, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Tocris Bioscience, Viatris Inc., Astellas Pharma Inc., Daiichi Sankyo Company, Takeda Pharmaceutical Company Limited, Bausch Health, Eisai Co. Ltd., Horizon Therapeutics plc, Varian Medical Systems, Kyowa Kirin Co. Ltd., Seattle Genetics Inc., Azurity Pharmaceuticals Inc., Innate Pharma S.A., Helsinn Therapeutics, Jubilant Cadista Pharmaceuticals Inc., Elorac Inc., Soligenix Inc., Ceptaris Therapeutics Inc.
The mycosis fungoides treatment market report table of contents includes:
1. Executive Summary
2. Mycosis Fungoides Treatment Market Characteristics
3. Mycosis Fungoides Treatment Market Trends And Strategies
4. Mycosis Fungoides Treatment Market – Macro Economic Scenario
5. Global Mycosis Fungoides Treatment Market Size and Growth
…
32. Global Mycosis Fungoides Treatment Market Competitive Benchmarking
33. Global Mycosis Fungoides Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mycosis Fungoides Treatment Market
35. Mycosis Fungoides Treatment Market Future Outlook and Potential Analysis
36. Appendix
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