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Published on : Aug 30, 2016

ALBANY, New York, August 30, 2016: ResearchMoz.us has announced the addition of a new market intelligence report to its vast repository of research reports. The 53-page research study, titled “Global Multiple Myeloma Market: Industry Analysis & Outlook (2016-2030),” provides a thorough analysis, focusing on the current trends and developments in the market. The key growth drivers, barriers, challenges, and potential opportunities in the global multiple myeloma market have been discussed in the scope of the research report. Moreover, the product segmentation, key geographical segments, and the competitive landscape have also been included in the study.

Multiple myeloma is considered as a form of plasma cancer. This type of cancer develops in the bone marrow of a human being and is one of the most prevalent blood cancer types worldwide. In this form, remarkably large numbers of abnormal plasma cells get collected in bone marrow, further restricting it from producing normal plasma cells, which are considered as a vital part of the immune system. Multiple myeloma is characterized by bone and calcium issues, low platelet count, infections, nervous system disorders, and kidney problems.

Multiple myeloma was considered as a non-treatable disease until a few years ago; however, the emergence of new drugs has shown positive outcomes in the trials. The key players in the market are making remarkable efforts to introduce new drugs that will turn to be effective in multiple myeloma cases. At present, several products are in the pipeline and are expected to get approval in the near future. Darzalex is one of the antibodies approved by the Food and Drug Administration (FDA) and is proved to be very effective in the treatment of multiple myeloma.

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The increasing obese and geriatric population across the globe and the rising penetration of cancer drugs are the primary factors projected to augment the growth of the global multiple myeloma market in the forecast period. In addition, the increase in the healthcare expenditure is estimated to encourage the growth of the overall market in the next few year. On the other hand, legal regulations concerning the multiple myeloma drugs and the high cost of drugs and therapeutics are some of the key factors curtailing the growth of the multiple myeloma market across the globe.

The research study has further classified the global multiple myeloma market on the basis of geography into Europe, the U.S., and the Rest of the World. The forecast of the forefront treated patients and the reverted treatment patients in each regional market have been discussed in the research report. 

The research report further studies the leading players engaged in the multiple myeloma market across the globe and throws light on the competitive landscape. Some of the prominent players included in the research study are Roche Holding, Sanofi, Novartis, and Johnson & Johnson. To offer a clear picture, the research report has discussed the company profiles, financial overview, business policies, SWOT analysis, product segmentation, and recent developments of the key players in the global multiple myeloma market.

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