Cutaneous T-cell Lymphoma Market - Global Forecast to 2030

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Cutaneous T-cell Lymphoma Market - Global Forecast to 2030


 Category : Health Care

 Published: Nov-2021
 Author: SPER Analyst


Global Cutaneous T-cell Lymphoma Market is projected to be worth around USD 3531.5 Million by 2030

The global cutaneous T-cell Lymphoma market is expected to grow at a CAGR of 8.56% from 2020 to reach USD 3531.5 Million by 2030. The growth is primarily attributed to rapidly growing geriatric population, rising prevalence of lymphoma cancer, advancements in treatments, increasing research & development for novel treatment options, government funding & initiatives and growing demand for better treatments available to cancer patients. However, lack of expertise, high cost of treatment, potential side effects associated with chemotherapy and requirement of tailored treatments due to rarity of cutaneous T-cell Lymphoma can hinder the growth of this market. 

Browse report overview on "Cutaneous T-cell Lymphoma Market" at: https://www.sperresearch.com/report-store/Cutaneous-T-cell-Lymphoma.aspx

The global cutaneous T-cell Lymphoma market study provides market data for-by type (Mycosis Fungoids, Sezary Syndrome and others), by treatment (radiation, chemotherapy, immunotherapy, targeted therapy, others). The study also evaluates industry competitors and analyses the market at a regional and country level.

Mycosis Fungoides segment is expected to register highest CAGR in the forecast period. The high growth of this segment can be attributed to higher occurrence as compared to other types, difficult diagnosis and higher susceptibility in geriatric patients. 

By treatment, topical therapy accounted for the largest share of cutaneous T-cell lymphoma market in 2020. The large share of this segment is mainly driven by rising adoption of topical drugs and recent approvals to topical treatments for CTCL.

This research report analyses major geographies and provides a comprehensive analysis of North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, and RoAPAC), Rest of the world (Latin America, and Middle East & Africa). North America accounted for the largest share of the global cutaneous T-cell lymphoma market. The large share of this market is attributed to rising demand for progressive treatments, high adoption of novel technologies, increasing healthcare expenditure and rising number of cases of Cutaneous T-cell Lymphoma in US. North America followed by Asia-Pacific are expected to grow at the highest rate due to rising geriatric population, rising awareness for cancer, improving healthcare infrastructure, emerging economies, increasing collaborative schemes between domestic and international companies. 

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The Cutaneous T-cell Lymphoma epidemiology chapters provide insights about patient pool and forecasted trend in major countries. Cutaneous T-cell Lymphoma (CTCL) is a skin cancer derived from T-cells. CTCL can also involve other body parts such as blood steam, Lymph nodes and internal organs. Most of the symptoms of CTCL are associated with skin. The occurrence of CTCL is more common in males as compared to females. Men in the age group of 40-60 are more susceptible to CTCL. Most common type of CTCL is Mycosis Fungoides which is identified by skin symptoms including patches, rashes, tumors etc. It is reported that about 3,000 cases are reported in US every year. Highest number of cases are reported in African-American population. 

The major players operating in the global cutaneous T-cell lymphoma market are B
  • Bausch Health Companies Inc.
  • Celgene Corporation
  • Helsinn Healthcare SA
  • Kyowa Hakko Kirin Co. Ltd.
  • Merck & Co. Inc.
  • Seagen
  • Soligenix Inc.
  • Citius Pharmaceuticals Inc.
  • BeiGene
  • Elorac Actelion Pharmaceuticals Ltd.
  • and others. 

The COVID-19 epidemic has impacted virtually every aspect of cancer care and research, from introducing new risks for cancer patients to disturbing the delivery of cancer treatment and the continuity of cancer research. In patients with cancer, the COVID-19 pandemic can be particularly harsh. This is likely because numerous patients have a weakened immune system either as a result of cancer itself or the therapies used to treat it and are thus less able to fight off infection by the COVID-19 outbreak. Collaborations between hospitals and research labs can synergize the new findings of treatment options for CTCL. However, hospitals during the COVID-19 pandemic are unavailable to patients and thus the ongoing and upcoming treatments for CTCL can halt or neglected. COVID-19 has affected the cancer care and thus there is requirement for increasing focus on premium care to cancer patients. 

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