Multiple Myeloma Drugs Market 2023-2027 Along with 5-Year Historic (2017-2021) Industry Size & Comparison of 20 Vendors and 11 Countries

NEW YORK, Nov. 9, 2022 /PRNewswire/ -- The Multiple Myeloma Drugs Market share is expected to increase by USD USD 6419.94 million from 2022 to 2027, with an accelerated CAGR of 5.9% - according to the recent market study by Technavio. This report also offers a 5-year historic (2017-2021) data projection of market size, segment, and region. The Y-O-Y growth rate of the Multiple Myeloma Drugs Market is estimated at 5.76% as of 2023. Moreover, the market is fragmented. Our analysts have conducted an internal and external analysis of vendors to help companies understand the wider business environment as well as the strength and weaknesses of key market players. Our report also forecasts the Bargaining Power of Buyers & Suppliers and the Threat of New Entrants & Rivalry ranging between LOW-MODERATE during the forecast period.

Find Analysis of Price Sensitivity, Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria Prepared Exclusively by Technavio Research Analysts

• One of the core components of the customer landscape is Price Sensitivity – an analysis of which will help companies refine marketing strategies to gain a competitive advantage.   
• Moreover, this report also provides the impact of price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to the buyer, and quality is not important) which are expected to range between LOW-HIGH from 2023-2027.
• Our report provides extensive information on the customer landscape of the Multiple Myeloma Drugs Market involving qualitative and quantitative intelligence. 

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The Multiple Myeloma Drugs Market Report also Offers Information on the Criticality of Inputs, R&D, Capex, Technology, Labor, and Brand of 20 Vendors Listed Below –

• Abbott Laboratories
• AbbVie Inc.
• AstraZeneca Plc
• Bristol Myers Squibb Co.
• Cipla Ltd.
• Daiichi Sankyo Co. Ltd.
• Eli Lilly and Co.
• F. Hoffmann La Roche Ltd.
• Fresenius SE & Co. KGaA
• GlaxoSmithKline Plc
• Johnson & Johnson
• Merck & Co. Inc.
• Novartis AG
• Pfizer Inc.
• PharmaMar SA
• Sanofi SA
• Takeda Pharmaceutical Co. Ltd.
• Teva Pharmaceutical Industries Ltd.

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Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparison, and Y-O-Y Growth of Multiple Myeloma Drugs Industry Segment

• The market is segmented by Therapy Segment (Targeted therapy, Biologic therapy, Chemotherapy, and Others) and Distribution channel(Hospital Pharmacy, Retail pharmacy, E-pharmacy).
• By Therapy Segment - The Targeted therapy segment shows a gradual increase in the demands for the drug market and other factors during 2023-2027. Targeted therapy concentrates on particular malformations that give cancer cells the ability to survive. Proteasome inhibitors and histone deacetylase inhibitors make up the two primary categories of targeted treatments. Some of the proteasome inhibitors include VELCADE (bortezomib) and KYPROLIS (carfilzomib). Histone deacetylase inhibitors include FARYDAK (panobinostat). This segment's expansion is mostly attributable to the growing use of multiple myeloma medications, which is fueled by an increase in the global demand for the multiple myeloma drugs industry.

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High Consumption of Alcohol, Tobacco, and Opioid Products is Notably Driving the Multiple Myeloma Drugs Market Growth

• The global market for multiple myeloma medications is expanding due to the rising incidence of the disease. The rising prevalence of multiple myeloma worldwide is one of the key factors driving the market for multiple myeloma medications. Multiple myeloma is the prime target indication for the vendors in the market, as there is a huge opportunity for them.  A rise in the number of new instances of myeloma has been observed in the market despite recent improvements in the therapeutic landscape for multiple myeloma.
• Due to rising risk factors such as the aging population, obesity, and plasma cell anomalies, the incidence rate of the indication has increased substantially. Therefore, the global market for multiple myeloma medications is anticipated to have significant growth during the forecast period. 

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Chart & Data Table on Historic Market Size (2017-2021), Comparison and Y-O-Y Growth of 11 Countries of Multiple Myeloma Drugs Industry

• The market is segmented by Geography North America (The U.S. and Canada), Europe (U.K., Germany, France, and Rest of Europe), Asia (China, India, Japan, and South Korea), and Rest of World (ROW).

• North America is projected to grow at a percentage of 36% by 2022. The high sales of approved multiple myeloma medications are anticipated to have a positive impact on North America. There are now three branded multiple myeloma medications approved in the area, along with one generic proteasome inhibitor. Due to the expiry patent of blockbuster medicine VELCADE, numerous big and small pharmaceutical companies in the area have been working on developing generic versions of the drug.
• Five market suppliers are currently developing generic versions of VELCADE, with significant vendors such as Fresenius already active in the market. During the projection period, this is likely to raise demand for multiple myeloma medications in the region. 

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Therapy
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global multiple myeloma drugs market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global multiple myeloma drugs market 2017 - 2021 ($ million)

• 4.2 Therapy Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Therapy Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Therapy

• 6.1 Market segments 
• Exhibit 30: Chart on Therapy - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Therapy - Market share 2022-2027 (%)

• 6.2 Comparison by Therapy 
• Exhibit 32: Chart on Comparison by Therapy
• Exhibit 33: Data Table on Comparison by Therapy

• 6.3 Targeted therapy - Market size and forecast 2022-2027
• Exhibit 34: Chart on Targeted therapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Targeted therapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Targeted therapy - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Targeted therapy - Year-over-year growth 2022-2027 (%)

• 6.4 Biologic therapy - Market size and forecast 2022-2027
• Exhibit 38: Chart on Biologic therapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Biologic therapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Biologic therapy - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Biologic therapy - Year-over-year growth 2022-2027 (%)

• 6.5 Chemotherapy - Market size and forecast 2022-2027
• Exhibit 42: Chart on Chemotherapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Chemotherapy - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Chemotherapy - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Chemotherapy - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Therapy 
• Exhibit 50: Market opportunity by Therapy ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 51: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 53: Chart on Comparison by Distribution Channel
• Exhibit 54: Data Table on Comparison by Distribution Channel

• 7.3 Hospital pharmacy - Market size and forecast 2022-2027
• Exhibit 55: Chart on Hospital pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Hospital pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Hospital pharmacy - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Hospital pharmacy - Year-over-year growth 2022-2027 (%)

• 7.4 Retail pharmacy - Market size and forecast 2022-2027
• Exhibit 59: Chart on Retail pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Retail pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Retail pharmacy - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Retail pharmacy - Year-over-year growth 2022-2027 (%)

• 7.5 E-pharmacy - Market size and forecast 2022-2027
• Exhibit 63: Chart on E-pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on E-pharmacy - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on E-pharmacy - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on E-pharmacy - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Distribution Channel
• Exhibit 67: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027
• Exhibit 81: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 85: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Canada - Market size and forecast 2022-2027
• Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027
• Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Abbott Laboratories 
• Exhibit 116: Abbott Laboratories - Overview
• Exhibit 117: Abbott Laboratories - Business segments
• Exhibit 118: Abbott Laboratories - Key news
• Exhibit 119: Abbott Laboratories - Key offerings
• Exhibit 120: Abbott Laboratories - Segment focus

• 12.4 AbbVie Inc. 
• Exhibit 121: AbbVie Inc. - Overview
• Exhibit 122: AbbVie Inc. - Product / Service
• Exhibit 123: AbbVie Inc. - Key offerings

• 12.5 Amgen Inc. 
• Exhibit 124: Amgen Inc. - Overview
• Exhibit 125: Amgen Inc. - Product / Service
• Exhibit 126: Amgen Inc. - Key offerings

• 12.6 Bristol Myers Squibb Co. 
• Exhibit 127: Bristol Myers Squibb Co. - Overview
• Exhibit 128: Bristol Myers Squibb Co. - Product / Service
• Exhibit 129: Bristol Myers Squibb Co. - Key offerings

• 12.7 Daiichi Sankyo Co. Ltd. 
• Exhibit 130: Daiichi Sankyo Co. Ltd. - Overview
• Exhibit 131: Daiichi Sankyo Co. Ltd. - Business segments
• Exhibit 132: Daiichi Sankyo Co. Ltd. - Key news
• Exhibit 133: Daiichi Sankyo Co. Ltd. - Key offerings
• Exhibit 134: Daiichi Sankyo Co. Ltd. - Segment focus

• 12.8 F. Hoffmann La Roche Ltd. 
• Exhibit 135: F. Hoffmann La Roche Ltd. - Overview
• Exhibit 136: F. Hoffmann La Roche Ltd. - Business segments
• Exhibit 137: F. Hoffmann La Roche Ltd. - Key news
• Exhibit 138: F. Hoffmann La Roche Ltd. - Key offerings
• Exhibit 139: F. Hoffmann La Roche Ltd. - Segment focus

• 12.9 GlaxoSmithKline Plc 
• Exhibit 140: GlaxoSmithKline Plc - Overview
• Exhibit 141: GlaxoSmithKline Plc - Business segments
• Exhibit 142: GlaxoSmithKline Plc - Key offerings
• Exhibit 143: GlaxoSmithKline Plc - Segment focus

• 12.10 Johnson and Johnson 
• Exhibit 144: Johnson and Johnson - Overview
• Exhibit 145: Johnson and Johnson - Business segments
• Exhibit 146: Johnson and Johnson - Key news
• Exhibit 147: Johnson and Johnson - Key offerings
• Exhibit 148: Johnson and Johnson - Segment focus

• 12.11 Merck and Co. Inc. 
• Exhibit 149: Merck and Co. Inc. - Overview
• Exhibit 150: Merck and Co. Inc. - Business segments
• Exhibit 151: Merck and Co. Inc. - Key news
• Exhibit 152: Merck and Co. Inc. - Key offerings
• Exhibit 153: Merck and Co. Inc. - Segment focus

• 12.12 Novartis AG 
• Exhibit 154: Novartis AG - Overview
• Exhibit 155: Novartis AG - Business segments
• Exhibit 156: Novartis AG - Key offerings
• Exhibit 157: Novartis AG - Segment focus

• 12.13 Pfizer Inc. 
• Exhibit 158: Pfizer Inc. - Overview
• Exhibit 159: Pfizer Inc. - Product / Service
• Exhibit 160: Pfizer Inc. - Key news
• Exhibit 161: Pfizer Inc. - Key offerings

• 12.14 PharmaMar SA 
• Exhibit 162: PharmaMar SA - Overview
• Exhibit 163: PharmaMar SA - Business segments
• Exhibit 164: PharmaMar SA - Key news
• Exhibit 165: PharmaMar SA - Key offerings
• Exhibit 166: PharmaMar SA - Segment focus

• 12.15 Sanofi SA 
• Exhibit 167: Sanofi SA - Overview
• Exhibit 168: Sanofi SA - Business segments
• Exhibit 169: Sanofi SA - Key news
• Exhibit 170: Sanofi SA - Key offerings
• Exhibit 171: Sanofi SA - Segment focus

• 12.16 Takeda Pharmaceutical Co. Ltd. 
• Exhibit 172: Takeda Pharmaceutical Co. Ltd. - Overview
• Exhibit 173: Takeda Pharmaceutical Co. Ltd. - Product / Service
• Exhibit 174: Takeda Pharmaceutical Co. Ltd. - Key news
• Exhibit 175: Takeda Pharmaceutical Co. Ltd. - Key offerings

• 12.17 Teva Pharmaceutical Industries Ltd. 
• Exhibit 176: Teva Pharmaceutical Industries Ltd. - Overview
• Exhibit 177: Teva Pharmaceutical Industries Ltd. - Business segments
• Exhibit 178: Teva Pharmaceutical Industries Ltd. - Key news
• Exhibit 179: Teva Pharmaceutical Industries Ltd. - Key offerings
• Exhibit 180: Teva Pharmaceutical Industries Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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