Wilmington, Delaware, United States, Transparency Market Research Inc. – Hodgkin Lymphoma is a cancer of the lymphatic system known as lymphoma part of the immune system.
Wilmington, Delaware, United States, Transparency Market Research Inc. – Hodgkin Lymphoma is a cancer of the lymphatic system known as lymphoma part of the immune system. This disease is mostly common in the age group of 20 to 40 years and above the age of 55 years. In Hodgkin lymphoma, cells in the lymphatic system grow abnormally and could spread further.
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Advancement in the diagnosis and treatment of Hodgkin lymphoma have driven complete recovery of the patient’s condition. Symptoms of Hodgkin lymphoma are swelling of lymph nodes, persistent fatigue, fever, night sweats, and weight loss.
Main reason behind Hodgkin lymphoma is genetic mutation in the lymphoma, which drive the cells to multiply continuously. Mutation causes the lymphocyte cells to grow abnormally and enlarge to accumulate in the system. Classical Hodgkin Lymphoma is a common type of disease with diagnosis of large, abnormal cells known as Reed –Sternberg in the lymph nodes.
Major site of the lymphoma tissue in the body are lymph nodes, lymph vessels, spleen, bone marrow, thymus, digestive tract, and adenoids & tonsils. Most common sites of Hodgkin Lymphoma are lymph nodes in upper body such as chest, neck, and under the arms.
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Key Drivers, Restraints, and Opportunities of Hodgkin Lymphoma Treatment Market
Increase in incidences of Hodgkin lymphoma and availability of standard diagnostic tools such as CT scans, X-rays. Biopsy, blood tests, bone marrow enable faster diagnosis of the Hodgkin lymphoma condition
As per statistics of Globocan in 2020, Hodgkin Lymphoma accounted for 83,087 cases across globe, and the number of deaths from Hodgkin lymphoma were reported to be around 23, 376 in 2020. These factors are likely to propel the global Hodgkin Lymphoma treatment market during forecast period.
Chemotherapy is the widely used treatment option for Hodgkin lymphoma and innovation leading to the development of combination of chemotherapy drugs is another factor that is estimated to propel the market during the forecast period. Approval of chemotherapy drugs by FDA for the treatment of Hodgkin lymphoma is likely to boost the market during forecast period.
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North America to Dominate Global Hodgkin Lymphoma Treatment Market
North America dominated the global Hodgkin Lymphoma treatment market, followed by Europe. As per American Cancer Society, around 8,830 new cases are estimated to occur and 960 deaths likely to be recorded in 2021. These statistics are estimated to boost the treatment of Hodgkin lymphoma in the region.
Moreover, awareness about Hodgkin lymphoma and its available treatment are anticipated to propel the market in the region during the forecast period. Ongoing research & development and innovation in chemotherapy, radiography treatment are estimated to boost the market in North America in the near future.
Europe is considered to be another prominent market followed by Asia-Pacific. In the U.K. estimated Hodgkin lymphoma cases, in 2015-2017 were around 2,100 cases every year. In the U.K., highest incidence rate of Hodgkin lymphoma is in people between the ages of 75 and 79. These statistics are estimated to boost the Hodgkin lymphoma treatment market in Europe in the next few years.
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to an increase in prevalence of Hodgkin lymphoma cancer across the region, awareness about technological advancements, and awareness about chemotherapy for treatment of Hodgkin lymphoma.
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Key Companies of Hodgkin Lymphoma Treatment Market
- Actiza Pharmaceutical Private Limited
- Baxter International Inc.
- Biogen
- Fresenius Kabi LLC
- F. Hoffmann-La Roche Ltd
- LGM Pharma
- Mylan Pharmaceuticals Inc.
- Novartis AG
- Pfizer, Inc.
- Teva Pharmaceuticals
- Takeda Pharmaceutical Company Limited
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