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Mantle cell lymphoma is a rare type of blood cancer that begins in the B lymphocytes present in the mantle zones of lymph nodes. This cancer is classified as non-Hodgkin lymphoma and often begins as a slow-growing condition that later grows aggressively. The aggressive form can spread to other parts of lymph nodes, bone marrow, bloodstream, and digestive system. Chemoimmunotherapy is considered a frontline therapy for mantle cell lymphoma and is followed by targeted therapy. Currently, chemoimmunotherapy is a combination of chemodrugs, an immunomodulatory agent, and a steroid.
The market for mantle cell lymphoma therapeutics is witnessing significant growth across the globe. The key factors attributed to the market growth are the increasing number of drug approvals for the treatment, the rising number of clinical trials, and the awareness related to cancer diagnosis. In addition, technological advancements in the drug discovery process, such as using artificial intelligence to identify drug targets, accelerate the approval rate of new drugs and drive the market growth.
Globally, an increase in the number of collaborations for drug discovery and clinical trials and a promising pipeline are anticipated to further boost the market growth in the near future. Moreover, the strategic investments of major players in the clinical stage companies could drive the pipeline and new drug launches in the market.
The COVID-19 pandemic substantially impacted the market due to travel restrictions and worldwide lockdowns. The market growth was affected by supply chain disruptions across the globe. The number of patients visiting hospitals declined during the pandemic, which further declined the diagnosis and treatment of mantel cell lymphoma. However, the post-pandemic relaxation of restrictions increased the diagnosis and treatment of this disease, significantly driving the market growth.
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Based on therapy, the market is segmented into chemoimmunotherapy and targeted therapy. The chemoimmunotherapy held a significant market share in 2023. Chemotherapy drugs in combination with immunotherapy or steroid drugs are considered a common regimen for the mantle cell lymphoma. In most practices, R-CHOP (rituxan, cyclophosphamide, hydroxydaunomycin (doxorubicin), oncovin (vincristine), and prednisone) combination is administered for the management of mantle cell lymphoma.
The high potency of these combinations and well-established clinical evidence increase the usage of these drugs and enable the segment to hold a significant share of the market. Furthermore, an increasing number of clinical trials for specific chemotherapy agents is expected to drive segment growth.
The targeted therapy segment is anticipated to grow rapidly during the forecast period. The growth in the number of targeted drug approvals, rising R&D investments, and technological advancements in drug discovery are expected to accelerate the adoption of target therapy drugs.
In terms of region, North America accounted for a significant share of the market in 2023. The region's high prevalence of mantle cell lymphoma and earlier approval of advanced drugs for the treatment are the key factors anticipated to contribute to the dominance. Moreover, the presence of major players, a rapidly growing number of clinical trials, and technological advancements that speed up the drug discovery process are anticipated to propel the regional growth.
The Asia Pacific region is expected to witness rapid growth over the coming years. The acceleration in the number of cancer diagnoses and the increased number of collaborations for drug developments in the region are the key factors expected to drive the segmental growth. Moreover, the rising governmental initiatives for early disease diagnosis and growth in the awareness among the general population is expected to boost the market in the near future.
The report includes the profiles of key players such as BeiGene, Ltd., AbbVie Inc., Johnson & Johnson Services, Inc., Eli Lilly and Company, F. Hoffmann-La Roche Ltd, AstraZeneca, Bristol-Myers Squibb Company, and Azurity Pharmaceuticals, Inc.
In November 2020, Merck & Co., Inc. acquired VelosBio to strengthen its oncology pipeline. Through the acquisition, the company acquired zilovertamab vedotin, a phase 2 clinical candidate to treat hematological malignancies, including mantle cell lymphoma.
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