The U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Market predicted to be worth US$ 3,404.1 million by 2027

Over the projected period, the market is expected to rise due to rising public awareness regarding myelodysplastic syndromes (MDS) and early diagnosis, as well as the availability of new treatment options for MDS. Furthermore, early MDS diagnosis is critical since it improves patients' quality of life by allowing them to receive therapy sooner, minimises the need for recurring blood transfusions, and, in more severe cases, as much as 30% of the time, prevents the disease from progressing to leukaemia. Government agencies and pharmaceutical companies are focusing their efforts on raising awareness of MDS by providing financing and hosting educational events..For example, in October 2018, Grupo Biotoscana, a Latin American biopharmaceutical business headquartered in Montevideo, Uruguay and with operations in ten countries across the region, organised a campaign to commemorate Myelodysplastic Syndrome World Awareness Day, which is observed on October 25. Throughout the month of October, GBT Grupo Biotoscana launched a campaign to improve disease awareness and education.


The U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Market is predicted to be worth US$ 2,042.6 million in 2020 and US$ 3,404.1 million by 2027, with a CAGR of 7.6% over the forecast period (2020-2027).

Over the projection period, the market is expected to rise due to an increasing attempt to introduce highly effective medicines for diverse MDS kinds.

The increasing efforts made by pharmaceutical companies to create highly effective MDS medicines is a major driver that is likely to fuel growth of the myelodysplastic syndrome (MDS) treatment market in the United States, Europe, and China over the forecast period. Furthermore, rising awareness of the disease and its symptoms, as well as new procedures and techniques for early detection and treatment of various kinds of MDS, are boosting market growth. Celgene, a leading pharmaceutical company in the myelodysplastic syndrome (MDS) treatment industry in the United States, Europe, and China, is focusing on MDS-specific therapeutic research and development, and some of their treatments are showing potential in the clinical trials. For example, in July 2018, Celgene (a division of Bristol-Myers Squibb) and Acceleron announced that luspatercept, a medication used to manage and treat anaemia in myelodysplastic syndromes, met all primary and secondary endpoints in the phase III MEDALIST and BELIEVE trials in patients with low-to-intermediate risk myelodysplastic syndrome (MDS) and transfusion-dependent beta thalassemia, respectively.

U.S., Europe, and China myelodysplastic syndrome (MDS) treatment market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 virus has spread to over 100 nations since its outbreak in December 2019, prompting the World Health Organization to designate it a public health emergency. Furthermore, the coronavirus pandemic has harmed pharmaceutical product development, production, and supply, as well as the growth of companies' Myelodysplastic Syndrome (MDS) treatment businesses in the United States, Europe, and China, as the COVID 19 pandemic has resulted in unprecedented lockdown in several countries around the world. This lockdown has resulted in the closure of industrial institutions, with the exception of those that manufacture vital goods, as well as a disturbance in the product supply chain.As a result, the COVID-19 pandemic has had an economic impact by directly influencing production and demand, disrupting distribution routes, and having a financial impact on enterprises and financial markets. According to the World Health Organization, the manifestation of coronavirus (COVID-19) has resulted in over 100 million infected individuals globally, including 25.6 million in the United States and 89,272 in China as of January 28, 2021. As a result, the impact of the coronavirus (COVID-19) pandemic is likely to restrain the growth of the myelodysplastic syndrome (MDS) therapy market in the United States, Europe, and China throughout the forecast period.

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