Driven by a boost in new therapies entering the market, as well as an increasing number of acute myeloid leukemia (AML) cases among elderly patients, the AML market will grow significantly between 2012 and 2017, although lackluster results from clinical studies and cost-consciousness may continue to plague drug development, predicts research and consulting firm GlobalData.
According to the company’s new report, revenue for the AML market across the USA, France, Germany, Italy, Spain and the UK will increase from $151 million in 2012 to $430.7 million in 2017, representing a compound annual growth rate (CAGR) of 23.3%.
In 2012, the majority of the AML therapies sales were generated in the USA, which enjoyed a market share of $108.8 million, while sales in the top five European Union (5EU) countries were estimated to be around $42 million. By 2017, the AML market in the USA and the 5EU countries is expected to reach $324.4 million and $106.3 million in sales, respectively.
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