Lucintel's latest market report analyzed that FLT3 inhibitor provides attractive opportunities in the midostaurin, gilteritinib, and sorafenib markets. The FLT3 inhibitor market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, type 1 FLT3 inhibitor is the largest segment by therapy, whereas gilteritinib is largest by drug type. Rising research and development investments, and growing interest of the pharmaceutical industry in the therapeutic potential for treating blood cancers provides strategic growth path in this market.
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Based on therapy, the FLT3 inhibitor market is segmented into type 1 FLT3 inhibitor and type 2 FLT3 inhibitor. The type 1 FLT3 inhibitor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its better efficiency and low side effects.
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The FLT3 Inhibitor Market is marked by the presence of several big and small players. Some of the prominent players offering FLT3 inhibitor include Cullinan Oncology, Astellas Pharma, Allarity Therapeutics, AROG Pharmaceuticals, Aptose Biosciences, Novartis International, and Daiichi Sankyo Company.
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