The 7 major systemic mastocytosis markets reached a value of US$ 256.1 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 455.5 Million by 2034, exhibiting a growth rate (CAGR) of 5.38% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 256.1 Million |
Market Forecast in 2034
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US$ 455.5 Million |
Market Growth Rate (2024-2034)
|
5.38% |
The systemic mastocytosis market has been comprehensively analyzed in IMARC's new report titled "Systemic Mastocytosis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Systemic mastocytosis refers to a rare disorder that is mainly characterized by the abnormal accumulation of mast cells in different body organs and tissues, including the skin, bone marrow, liver, spleen, gastrointestinal tract, etc. Some of the common disease symptoms are skin lesions or rash, itching, flushing, abdominal pain, diarrhea, nausea, vomiting, muscle and bone pain, fatigue, anaphylactic reactions, etc. Other symptoms include headache, palpitations, dizziness, low blood pressure, etc. Systemic mastocytosis can also lead to numerous complications, such as osteoporosis, anemia, and liver or spleen enlargement. The diagnosis is usually based on a combination of clinical evaluation, medical history, physical examination, and laboratory tests. Blood tests are performed to measure the levels of mast cell mediators, such as tryptase, and to look for genetic mutations associated with the disease. Additionally, a bone marrow biopsy is commonly performed to assess the number of mast cells in the bone marrow and to look for specific abnormalities indicative of systemic mastocytosis. In some cases, various imaging tests, such as CT or MRI scans, may be used to assess the extent of organ involvement.
The increasing cases of genetic mutations and the rising prevalence of several associated risk factors, such as exposure to certain chemicals and environmental toxins, viral infections, etc., are primarily driving the systemic mastocytosis market. In addition to this, the escalating utilization of various medications, including cromolyn sodium and ketotifen, for assisting in stabilizing mast cells and reducing symptoms, such as itching, flushing, and abdominal pain, is creating a positive outlook for the market. Moreover, the inflating usage of bone marrow transplants for patients with aggressive systemic mastocytosis who have failed other treatments is also bolstering the market growth. Apart from this, the emerging popularity of targeted therapies since they are effective in targeting the abnormal signaling pathways that are responsible for the overgrowth of mast cells is further propelling the market. Additionally, the widespread adoption of proton pump inhibitors (PPIs) to help reduce stomach acid production and manage symptoms like abdominal pain and acid reflux is acting as a significant growth-inducing factor. Besides this, the ongoing advancements in diagnostic technologies, such as the introduction of genetic testing and biomarker analysis, which are making it easier to diagnose the ailment and distinguish it from other disorders with similar symptoms, are expected to drive the systemic mastocytosis market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the systemic mastocytosis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for systemic mastocytosis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the systemic mastocytosis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current systemic mastocytosis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Rydapt (Midostaurin) | Novartis Oncology |
Gleevec (Imatinib) | Novartis |
Ayvakit (Avapritinib) | Blueprint Medicines |
BLU 263 | Blueprint Medicines |
Masitinib | AB Science |
CGT 9486 | Cogent Biosciences |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Systemic Mastocytosis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies