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Olutasidenib Market Analysis By Application (Acute myeloid leukemia (AML), Other therapeutic areas), by Type (Generic Olutasidenib, Branded Olutasidenib), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and by Region: Global Forecast, 2024 - 2034.

  • PUBLISHED ON
  • 2024-08-13
  • NO OF PAGES
  • 310
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview

The Olutasidenib market is predicted to develop at a compound annual growth rate (CAGR) of xx from 2024 to 2034, when it is projected to reach USD xx Billion, based on an average growth pattern. The market is estimated to reach a value of USD xx Billion in 2024.

 

SOURCE: We Market Research

IDH1-mutant acute myeloid leukemia (AML) can be treated with the targeted medication olinusidenib. It prevents development and survival of cancer cells by inhibiting the mutant IDH1 enzyme. Olutasidenib inhibits this enzyme, which slows down the growth of cancer cells and, in people carrying this particular genetic mutation, may result in remission. Primarily, it is employed in cases where alternative therapies have proven ineffective or incorrect. Oral administration of the medication is the standard method; however, based on the patient's condition and response, it may be coupled with other treatments. Assessing efficacy and controlling possible negative effects require routine monitoring.

The increasing prevalence of acute myeloid leukemia (AML), improvements in targeted medicines, and a large unmet medical need are driving the global olutasidenib market. Olutasidenib increases market demand by providing AML patients with restricted therapy options by targeting the IDH1 mutation. Its market expansion is further aided by regulatory approvals and successful clinical trial outcomes. Moreover, earlier and more widespread usage of the medication is a result of raised awareness and early identification of IDH1 mutations. Together, these elements support the market for olutasidenib's increasing uptake and growth.

Market Scope

Report Attributes

Description

Market Size in 2024

USD xx Billion

Market Forecast in 2034

USD xx Billion

CAGR % 2024-2034

xx%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2034

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

by Application, by Type, by Distribution Channel and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Olutasidenib Industry: Dynamics & Restrains

 

Market opportunity:


We Market Research: Olutasidenib Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.


Olutasidenib Segmentation

Market- By Application Analysis

By Application, the Olutasidenib Market is Categories into Acute myeloid leukemia (AML) , Other therapeutic areas. The Acute myeloid leukemia (AML) segment accounts for the largest share of around 90% in 2024.


The driver for Acute Myeloid Leukemia (AML) in the global Olutasidenib market is the rising incidence of AML and the need for targeted, effective treatments. Advances in understanding AML’s genetic basis further boost demand for specialized therapies like Olutasidenib.

The following segments are part of an in-depth analysis of the global Olutasidenib market:

Market Segments

 

by Type

·         Generic Olutasidenib

·         Branded Olutasidenib

by Distribution Channel

·         Hospital Pharmacies

·         Retail Pharmacies

·         Online Pharmacies

Olutasidenib Industry: Regional Analysis

North America Market Forecast

North America dominates the Olutasidenib Market with the highest revenue generating market with share of more than 47%. North America is a leading market for olutasidenib, driven by its advanced healthcare infrastructure and significant investments in research and development. The high prevalence of acute myeloid leukemia (AML) and the extensive number of clinical trials conducted in the U.S. and Canada create a strong demand for innovative treatments. This region's mature healthcare ecosystem and focus on cutting-edge therapies further boost market potential.


Europe Market Statistics

Europe’s market for Olutasidenib benefits from its robust healthcare systems and substantial clinical research activities. Countries like Germany, France, and the UK offer supportive regulatory environments and high cancer incidence rates, enhancing demand. The region’s investment in cancer research and development, coupled with improving patient access to novel treatments, creates a favorable landscape for Olutasidenib, contributing to its growth potential in Europe.

Asia Pacific Market Forecasts

The Asia-Pacific region is experiencing rapid growth in its pharmaceutical sector, driven by increased healthcare investments and a rising cancer burden. Countries such as China and India are expanding their clinical trial networks and healthcare infrastructure, providing significant opportunities for Olutasidenib. The growing patient populations and enhanced research capabilities in these countries support the drug’s market expansion and potential for adoption.

Key Market Players

·         AbbVie Inc. 

1.      Global Olutasidenib Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Olutasidenib Market Scope and Market Estimation

1.2.1. Global Olutasidenib Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2034)

1.2.2. Global Olutasidenib Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034

1.3.    Market Segmentation

1.3.1. Application of Global Olutasidenib Market

1.3.2. Type of Global Olutasidenib Market

1.3.3. Distribution Channel of Global Olutasidenib Market

1.3.4. Region of Global Olutasidenib Market

2.      Executive Summary

2.1.    Market Dynamics

2.1.1. Drivers

2.1.2. Limitations

2.1.3. Opportunities

2.1.4. Impact Analysis of Drivers and Restraints

2.2.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.3.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.4.    Porter’s Five Forces Analysis

2.4.1. Bargaining Power of Suppliers

2.4.2. Bargaining Power of Buyers

2.4.3. Threat of Substitutes

2.4.4. Threat of New Entrants

2.4.5. Competitive Rivalry

2.5.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Olutasidenib Market Estimates & Historical Trend Analysis (2019 - 2023)

4.      Global Olutasidenib Market Estimates & Forecast Trend Analysis, by Application

4.1.    Global Olutasidenib Market Revenue (US$ Mn) Estimates and Forecasts, by Application, 2019 to 2034

4.1.1. Acute myeloid leukemia (AML)

4.1.2. Other therapeutic areas

5.      Global Olutasidenib Market Estimates & Forecast Trend Analysis, by Type

5.1.    Global Olutasidenib Market Revenue (US$ Mn) Estimates and Forecasts, by Type, 2019 to 2034

5.1.1. Generic Olutasidenib

5.1.2. Branded Olutasidenib

6.      Global Olutasidenib Market Estimates & Forecast Trend Analysis, by Distribution Channel

6.1.    Global Olutasidenib Market Revenue (US$ Mn) Estimates and Forecasts, by Distribution Channel, 2019 to 2034

6.1.1. Hospital Pharmacies

6.1.2. Retail Pharmacies

6.1.3. Online Pharmacies

7.      Global Olutasidenib Market Estimates & Forecast Trend Analysis, by region

7.1.    Global Olutasidenib Market Revenue (US$ Mn) Estimates and Forecasts, by region, 2019 to 2034

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.      North America Olutasidenib Market: Estimates & Forecast Trend Analysis

8.1.    North America Olutasidenib Market Assessments & Key Findings

8.1.1. North America Olutasidenib Market Introduction

8.1.2. North America Olutasidenib Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

8.1.2.1.   By TYPE

8.1.2.2.   By Application

8.1.2.3.   By End-user

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Europe Olutasidenib Market: Estimates & Forecast Trend Analysis

9.1.    Europe Olutasidenib Market Assessments & Key Findings

9.1.1. Europe Olutasidenib Market Introduction

9.1.2. Europe Olutasidenib Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

9.1.2.1.   By Application

9.1.2.2.   By Type

9.1.2.3.   By Distribution Channel

9.1.2.4.        By Country

9.1.2.4.1.     Germany

9.1.2.4.2.     U.K.

9.1.2.4.3.     France

9.1.2.4.4.     Italy

9.1.2.4.5.     Spain

9.1.2.4.6.     Russia

9.1.2.4.7.     Rest of Europe

10.  Asia Pacific Olutasidenib Market: Estimates & Forecast Trend Analysis

10.1.  Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Olutasidenib Market Introduction

10.1.2.   Asia Pacific Olutasidenib Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

10.1.2.1.    By Application

10.1.2.2.    By Type

10.1.2.3.    By Distribution Channel

10.1.2.4.    By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

11.  Middle East & Africa Olutasidenib Market: Estimates & Forecast Trend Analysis

11.1.  Middle East & Africa Market Assessments & Key Findings

11.1.1.   Middle East & Africa Olutasidenib Market Introduction

11.1.2.   Middle East & Africa Olutasidenib Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

11.1.2.1.    By Application

11.1.2.2.    By Type

11.1.2.3.    By Distribution Channel

11.1.2.4.    By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

12.  South America Olutasidenib Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1.   South America Olutasidenib Market Introduction

12.1.2.   South America Olutasidenib Market Size Estimates and Forecast (US$ Million) (2019 – 2034)

12.1.2.1.    By Application

12.1.2.2.    By Type

12.1.2.3.    By Distribution Channel

12.1.2.4.    By Country

12.1.2.4.1. Brazil

12.1.2.4.2. Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

13.  Competition Landscape

13.1.  Global Olutasidenib Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2.  Global Olutasidenib Market Competition White Space Analysis, By End-user

13.3.  Global Olutasidenib Market Competition Heat Map Analysis, By End-user

13.4.  Global Olutasidenib Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.                     AbbVie Inc.

14.1.1.   Company Overview & Key Stats

14.1.2.   Financial Performance & KPIs

14.1.3.   Product Portfolio

14.1.4.   Business Strategy & Recent Developments

15.  Research Methodology

15.1.  External Transportations / Databases

15.2.  Internal Proprietary Database

15.3.  Primary Research

15.4.  Secondary Research

15.5.  Assumptions

15.6.  Limitations

15.7.  Report FAQs

16.  Research Findings & Conclusion 

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Olutasidenib Market in 2024?

Olutasidenib Market was valued at USD xx Billion in 2024.

What is the growth rate for the Olutasidenib Market?

Olutasidenib Market size will increase at approximate CAGR of xx% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Olutasidenib Market is AbbVie Inc.

Which region dominates the Olutasidenib Market?

North America dominates the market with an active share of 47%.

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