The multiple myeloma treatment paradigm is undergoing a dynamic evolution, marked by increasing therapeutic interventions by companies such as Sanofi, Karyopharm Therapeutics, AbbVie, Takeda Pharmaceutical, Celgene, Bristol-Myers Squibb, RAPA Therapeutics, Pfizer, Array Biopharma, Cellectar Biosciences, BioLineRx, Celgene, Aduro Biotech, ExCellThera, Janssen Pharmaceutical, Precision BioSciences, Takeda, Glenmark (Ichnos Sciences SA), Poseida Therapeutics, Molecular Partners AG, Chipscreen Biosciences, AbbVie/Genentech (Roche), Janssen Biotech, Nanjing Legend Biotech, Merck Sharp & Dohme Corp., and others.
DelveInsight’s comprehensive report titled “Multiple Myeloma Market Insight, Epidemiology And Market Forecast – 2034“ offers an in-depth market analysis from 2020 to 2034. The analysis encompasses historical data, future projections of market size, detailed epidemiological trends, an assessment of the competitive landscape, and an evaluation of current and emerging therapeutic approaches.
According to DelveInsight’s findings, the total Multiple Myeloma market size across the 7MM was USD 21.5 Billion in 2023. This market is anticipated to experience continued positive growth through 2034. The United States held the largest share of the 7MM market, accounting for USD 14.5 Billion in 2023. This highlights the significant market opportunity within the United States.
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The epidemiological landscape of Multiple Myeloma in the 7MM reveals that the total incidence of the disease was approximately 76K cases in 2024. This number is projected to rise over the coming years. Notably, the highest incidence of Multiple Myeloma is observed in individuals aged 65 years and above. Furthermore, the disease is more prevalent in men than in women, with over 50% of males in the United States diagnosed with multiple myeloma.
The DelveInsight report provides a comprehensive breakdown of this epidemiological data, including total incident cases of multiple myeloma, total symptomatic cases of multiple myeloma, gender-specific cases of multiple myeloma, age-specific cases of multiple myeloma, transplant-eligible cases of multiple myeloma, and treated patient pool across all lines of therapies.
Currently, the treatment landscape for Multiple Myeloma involves a variety of approaches, including chemotherapy, immunotherapy, targeted therapy, corticosteroids, and stem cell transplantation. Significant progress has been made with the development and approval of novel therapies such as immunomodulatory drugs (IMiDs), proteasome inhibitors, and monoclonal antibodies, which have improved patient outcomes. The treatment paradigm continues to evolve with the emergence of innovative strategies like CAR-T cell therapies and bispecific antibodies, offering new hope, particularly for patients with relapsed or refractory disease.
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Despite these significant advancements, challenges persist in the management of Multiple Myeloma, most notably the issue of disease relapse and the development of resistance to multiple drugs. The future treatment strategies are therefore focused on overcoming this resistance and achieving more durable responses. The developmental pipeline remains robust, with key pharmaceutical companies such as Regeneron (Linvoseltamab), Bristol Myers Squibb (Mezigdomide and Alnuctamab), AbbVie and Roche (VENCLEXTA), and Opna Bio (OPN-6602), among others, actively involved in bringing novel therapies to market.
Recent developments highlight ongoing innovation in multiple myeloma treatment. In February 2025, Opna Bio’s OPN-6602 received FDA Orphan Drug designation for multiple myeloma, while in April 2024, the FDA approved Bristol-Myers Squibb and Bluebird Bio’s ABECMA for the treatment of adult patients with relapsed or refractory multiple myeloma. These milestones, along with a robust pipeline of emerging therapies, continue to reshape the multiple myeloma treatment landscape, offering new hope for patients.
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In conclusion, the Multiple Myeloma market across the 7MM is poised for substantial growth in the coming years. This expansion is driven by a rising incidence of the disease, the increasing adoption of innovative therapies, and continuous efforts in research and development. While challenges such as relapse and drug resistance remain, the dynamic treatment landscape, marked by recent approvals and a promising pipeline, offers a positive outlook for the future of Multiple Myeloma management.
Table of Contents
1.
KEY INSIGHTS
2.
REPORT INTRODUCTION
3.
EXECUTIVE SUMMARY
4.
MULTIPLE MYELOMA MARKET OVERVIEW AT A GLANCE
5.
KEY EVENTS
6.
EPIDEMIOLOGY AND MARKET FORECAST METHODOLOGY
7.
MULTIPLE MYELOMA BACKGROUND AND OVERVIEW
8.
EPIDEMIOLOGY AND PATIENT POPULATION
9.
PATIENT JOURNEY
10.
KEY ENDPOINTS IN MULTIPLE MYELOMA
11.
MULTIPLE MYELOMA MARKETED DRUGS
12.
MULTIPLE MYELOMA EMERGING THERAPIES
13.
MULTIPLE MYELOMA: 7MM MARKET ANALYSIS
14.
MULTIPLE MYELOMA UNMET NEEDS
15.
SWOT ANALYSIS
16.
KOL VIEWS
17.
MARKET ACCESS AND REIMBURSEMENT
18.
APPENDIX
19.
DELVEINSIGHT CAPABILITIES
20.
DISCLAIMER
21.
ABOUT DELVEINSIGHT
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About DelveInsight
DelveInsight is a leading market research and consulting firm specializing in disease-specific insights and therapeutic market analysis. Their reports integrate real-world data, clinical trial findings, and expert interviews to deliver comprehensive industry intelligence.
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