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Global Hodgkin's Lymphoma Drugs Market 2019-2023 | 16% CAGR Projection Over the Next Four Years | Technavio

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The research report on the global Hodgkin's lymphoma drugs market by Technavio
predicts the market to post a CAGR of close to 16% during the
period 2019-2023.

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https://www.businesswire.com/news/home/20190422005368/en/

The global Hodgkin's lymphoma drugs market will post a CAGR of close to 16% during the period 2019-2 ...

The global Hodgkin's lymphoma drugs market will post a CAGR of close to 16% during the period 2019-2023 (Graphic: Business Wire)

Hodgkin's lymphoma is touted as one of the most curable forms of
lymphoma, with a patient survival rate of over five years. Although
early diagnosis offers a good prognosis in most patients, the risk of
solid subsequent malignant neoplasms is significantly high.
Additionally, the risk of treatment-related toxicity and the long-term
quality of life still represent persistent challenges. Hence, research
is being conducted to meet the unmet need for novel alternative
treatment approaches. With an increased understanding of the fundamental
biology of Hodgkin's lymphoma, companies have been able to develop drugs
that are effective in treating the disease. Therefore, the advances in
the understanding of the fundamental biology of Hodgkin's lymphoma will
boost market growth during the forecast period.

As per Technavio, the use of immunotherapy and transplantation will have
a positive impact on the market and contribute to its growth
significantly over the forecast period. This global
Hodgkin's lymphoma drugs market 2019-2023
research report also
analyzes other important trends and market drivers that will affect
market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

Global Hodgkin's lymphoma drugs market:
Increase in number of companies investing in R&D

The need for a strong pipeline of disease-modifying drugs is increasing
owing to the increasing prevalence of Hodgkin's lymphoma. Therefore,
companies are investing heavily in research that focuses on the
development of new therapies to improve long-term remission rates.
Several companies are evaluating premium-priced drugs for the treatment
of patients with progressive, relapsed, or refractory Hodgkin's
lymphoma. Hence, the development of novel drugs will be one of the key
trends that will impact market growth during the forecast period.

"Drug manufacturers and patient advocacy forums are providing co-pay
relief programs for patients, as the drugs used for the treatment of
Hodgkin's lymphoma are expensive. Under these programs, patients
diagnosed with Hodgkin's lymphoma pay a certain cost of the drug, while
the insurer covers the remaining cost. Thus, the availability of patient
assistance programs will drive the growth of the Hodgkin's lymphoma
drugs market during the forecast period,"
says a senior research
analyst at Technavio.

Global Hodgkin's lymphoma drugs market:
Segmentation analysis

This research report on the Hodgkin's lymphoma drugs market segments the
market by type (targeted therapy, and chemotherapy), and geography
(North America, Europe, Asia, and ROW).

The targeted therapy segment held the largest Hodgkin's lymphoma drugs
market share in 2018. The targeted therapy is used for advanced stage
Hodgkin's lymphoma when relapse occurs after standard chemotherapy. The
key reason for the high market share of this segment would be the
approvals for new drugs ADCETRIS and KEYTRUDA.

North America accounted for the highest share of the market in 2018
primarily due to the growing incidence of Hodgkin's lymphoma in the
region, the presence of reimbursement schemes, and approval of new drugs
for the treatment of Hodgkin's lymphoma. This region will also account
for the highest growth of the Hodgkin's lymphoma drugs market during the
forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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