U.S., EUROPE, AND CHINA MYELODYSPLASTIC SYNDROME (MDS) TREATMENT MARKE ANALYSIS

Market Challenges And Opportunities

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

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it as a public health emergency. Moreover, coronavirus pandemic has negatively impacted the development, production, and supply of pharmaceutical products, and affected growth of the Myelodysplastic Syndrome (MDS) treatment businesses of various companies across the U.S, Europe, and China, as COVID 19 pandemic has led to unprecedented lockdown in several countries, globally. This lockdown has resulted in the closure of industrial establishments, except manufacturing of essential commodities and disruption in supply chain of the products. Thus, COVID-19 pandemic has affected the economy by directly affecting the production and demand, by creating disruptions in distribution channels and also by its financial impact on firms and financial markets. For instance, according to the World Health Organization’s report, the manifestation of coronavirus (COVID-19) has resulted in over 100 million infected individuals worldwide and 25.6 million individuals in the U.S., 89,272 individuals in the China as of January 28, 2021. Thus, the impact of coronavirus (COVID-19) pandemic is expected to limit growth of the U.S., Europe, and China myelodysplastic syndrome (MDS) treatment market during the forecast period.

U.S., Europe, and China Myelodysplastic Syndrome (MDS) Treatment Market: Restraint

Increased complexity of MDS disease may lead to death due to infection caused from low blood cell counts or after the disease becomes acute myeloid leukemia (AML). About a third of patients with MDS develop AML. This generates major hurdle in the development of effective MDS treatment. MDS represents several different conditions, as it is not just a single disease, but it is grouped together by several clinical characteristics. For instance, according to the data published in the Hematology journal of American Society of Hematology Education Program in December 2017, the type and complexity of hematopoietic dysfunction in MDS are highly variable and the kinetics of disease progression are difficult to predict. Moreover, genetic characteristics of MDS are powerfully associated with clinical phenotype. An enhanced understanding of the regulatory logic of MDS genetics may stimulate refined and biologically based diagnostic and monitoring schemes that may be integrated into clinical practice.

• Complexity of hematopoietic dysfunction in myelodysplastic syndrome (MDS)