Myelofibrosis Market Poised to Expand Significantly at 9% CAGR from 2025 to 2034 | DelveInsight

19 November 2025

The introduction of novel therapies, including BESREMi (PharmaEssentia/AOP Orphan Pharmaceuticals), INCB057643 (Incyte), XPOVIO (Karyopharm Therapeutics), RYTELO (Geron), REBLOZYL (Bristol Myers Squibb), Navtemadlin (Kartos Therapeutics), Pelabresib (Novartis), among others, is poised to reshape the myelofibrosis treatment landscape.

DelveInsight’s Myelofibrosis Market Insights report includes a comprehensive understanding of current treatment practices, emerging myelofibrosis drugs, market share of individual therapies, and current and forecasted myelofibrosis market size from 2020 to 2034, segmented into leading markets (the US, EU4, UK, and Japan).

Myelofibrosis Market Summary

  • The total myelofibrosis treatment market across leading markets reached an estimated USD 2.2 billion in 2024. Among these, the United States represents the largest share of the market, outpacing the EU4, the UK, and Japan.
  • According to DelveInsight’s 2024 analysis, the 7MM collectively reported approximately 56,000 prevalent myelofibrosis cases. 
  • Numerous leading companies, including PharmaEssentia, AOP Orphan Pharmaceuticals, Incyte, Karyopharm Therapeutics, Geron, Bristol Myers Squibb, Kartos Therapeutics, Novartis, Merck, Telios Pharma, Ryvu Therapeutics, Sumitomo Pharma, Syntara, Disc Medicine, Menarini Group, and others, are actively advancing innovative therapies for myelofibrosis.
  • Several promising candidates in clinical development include BESREMi (ropeginterferon alfa-2b-njft/P-1101), INCB057643, XPOVIO (selinexor/KPT-330), RYTELO (imetelstat), REBLOZYL (luspatercept/ACE-536), Navtemadlin (KRT-232), Pelabresib (DAK539), Bomedemstat (IMG-7289/MK-3543), TL-895, RVU120 (SEL-120), TP-3654 (nuvisertib), SNT-5505 (PXS-5505), DISC-0974, and ELZONRIS (tagraxofusp/SL-401), among others. Many of these next-generation therapies are projected to enter the market during the forecast period and significantly reshape the treatment landscape.
  • By 2034, OJJAARA/OMJJARA is expected to lead all therapies in terms of revenue.

Discover which myelofibrosis therapies are expected to grab the largest market share @ Myelofibrosis Market Report

What is Myelofibrosis?

Myelofibrosis is a rare form of blood cancer characterized by the buildup of scar tissue, known as fibrosis, in the bone marrow. This scarring disrupts the marrow’s ability to produce adequate healthy blood cells. The disease is part of a broader group of conditions called myeloproliferative neoplasms (MPNs), where bone marrow cells grow and function abnormally. When myelofibrosis develops on its own, without being triggered by a prior bone marrow disorder, it is called primary myelofibrosis. However, if it evolves from another MPN—such as polycythemia vera or essential thrombocythemia—it is classified as secondary myelofibrosis, often referred to as post-polycythemia vera or post-essential thrombocythemia myelofibrosis.

Myelofibrosis Epidemiology Segmentation

The myelofibrosis epidemiology section provides insights into the historical and current myelofibrosis patient pool and forecasted trends for the leading markets (the US, EU4, UK, and Japan). It helps recognize the causes of current and forecasted patient trends by exploring numerous studies and views of key opinion leaders. The myelofibrosis market report proffers epidemiological analysis for the study period 2020–2034 in the leading markets (the US, EU4, UK, and Japan) segmented into:

  • Total Prevalent Cases of Myelofibrosis
  • Type-specific Cases of Myelofibrosis
  • Myelofibrosis Cases Based on Risk Stratification
  • Age-specific Prevalent Cases of Myelofibrosis
  • Myelofibrosis Cases Based on Molecular Alterations 

Download the report to understand which factors are driving myelofibrosis epidemiology trends @ Myelofibrosis Treatment Drugs

Myelofibrosis Market Analysis

JAK inhibitors have become a foundational therapy for myelofibrosis, providing substantial benefits such as reduced spleen volume, alleviation of disease-related symptoms, and improvements in overall quality of life, with evidence of extended survival in patients with advanced disease. While all approved JAK inhibitors primarily act on JAK2, especially the wild-type form, they vary in how they engage other members of the JAK family.

For example, JAKAFI for myelofibrosis blocks both JAK1 and JAK2; INREBIC is a selective JAK2 inhibitor that largely spares JAK1 but also targets FLT3 and additional pathways; VONJO inhibits JAK2 while sparing JAK1, with added effects on FLT3, IRAK, and ACVR1; and OJJAARA—approved via a distinct regulatory route—affects JAK1/JAK2 and ACVR1, particularly benefiting myelofibrosis patients with anemia. These mechanistic differences contribute to varied clinical outcomes.

Demand for JAKAFI in myelofibrosis remains robust and is projected to continue rising, reinforcing its role as the standard treatment. Myelofibrosis is expected to stay JAKAFI’s largest indication until polycythemia vera cases grow over time. However, future market expansion may be constrained by looming patent expirations, with JAKAFI protections ending in 2027 for Novartis and 2028 for Incyte, creating openings for competitors. In anticipation, Incyte is pursuing combination strategies with emerging agents to extend JAKAFI’s clinical relevance.

Learn more about the treatment options for myelofibrosis @ Myelofibrosis Therapy 

Key Factors Driving the Growth of the Myelofibrosis Market 

Novel Therapies Accelerate Progress in Myelofibrosis Treatment

Four JAK inhibitors, JAKAFI (ruxolitinib), INREBIC (fedratinib), VONJO (pacritinib), and OJJAARA (momelotinib), are currently approved by the US FDA for the treatment of myelofibrosis. While none offer a cure, they remain core therapies, particularly since most patients are older adults and therefore not candidates for stem cell transplantation. The introduction of another JAK inhibitor, BESREMi, is expected to further reshape the therapeutic landscape.

Expanding Pipeline and Rise of Non-JAK Mechanisms

A robust clinical pipeline is diversifying treatment options beyond JAK inhibition. Prominent approaches include BET inhibitors (Incyte’s INCB057643, Novartis’ Pelabresib), the XPO1 inhibitor XPOVIO (Karyopharm Therapeutics), telomerase inhibitor RYTELO (Geron), MDM2 inhibitor Navtemadlin (Kartos Therapeutics), tyrosine kinase inhibitor TL-895 (Telios Pharma), PIM1 inhibitor TP-3654 (Sumitomo Pharma), LOX inhibitor SNT-5505 (Syntara), among others. These candidates aim to deliver new indications, second-line choices, and potentially disease-modifying benefits—ultimately increasing the market’s long-term value.

Aging Demographics & Growing Disease Prevalence

Because myelofibrosis primarily impacts older adults, the aging global population is contributing to a rising patient base. Improved therapeutic management is also extending survival, further increasing prevalence. In the US in 2024, individuals aged 70 and above accounted for about 60% of all diagnosed cases, whereas those aged 39 or younger accounted for only about 2%.

Improved Diagnostics & Genomic Testing Expand the Patient Pool

Broader adoption of molecular testing, covering markers such as JAK2, CALR, and MPL, supports earlier detection, more precise diagnosis, and better treatment selection. These advancements are increasing the number of identified patients and enhancing alignment with targeted, higher-value therapies, boosting overall market growth.

Myelofibrosis Competitive Landscape

The myelofibrosis drug development pipeline features multiple mid- and late-stage candidates expected to reach the market within the forecast period. This expanding landscape includes a variety of emerging therapies, such as XPOVIO (Karyopharm Therapeutics), Elritercept (Takeda/Keros Therapeutics), Navtemadlin (Kartos Therapeutics), Pelabresib (Novartis), INCB057643 (Incyte), and Bomedemstat (Merck), positioned across different lines of treatment. Their anticipated approvals are likely to strengthen market growth further.

INCB057643 is an oral small-molecule inhibitor that targets BET proteins, key epigenetic regulators involved in oncogenic pathways linked to myelofibrosis and other blood cancers, including BCL-2, NF-κB, and c-Myc. Previous Phase I/II studies demonstrated good tolerability and encouraging activity when given alone or with ruxolitinib in advanced cancer patients. In its Q2 2025 update, the company confirmed that INCB057643, combined with ruxolitinib—and the dual JAK1/JAK2 and BET inhibitor INCB57643—is being assessed in an ongoing Phase II trial for myelofibrosis.

RYTELO (imetelstat) is a telomerase inhibitor designed to selectively eliminate malignant stem and progenitor cells responsible for diseases such as myelodysplastic syndromes and myelofibrosis. By suppressing these abnormal cells, imetelstat enables the restoration of healthy bone marrow function. Phase III data have demonstrated meaningful clinical benefits and disease-modifying activity. As of January 2025, Geron reported 75% enrollment in the Phase III IMpactMF trial comparing imetelstat with Best Available Therapy in patients with intermediate-2 or high-risk myelofibrosis who have relapsed or are refractory to JAK inhibitors.

Elritercept is a late-stage investigational activin pathway inhibitor intended to address anemia in hematologic malignancies, including myelofibrosis and MDS. It is currently under Phase II investigation for myelofibrosis. Updated clinical data were presented at ASH 2024. In December 2024, Takeda entered an exclusive global licensing agreement (excluding mainland China, Hong Kong, and Macau) with Keros to advance its development and commercialization.

Collectively, these innovative therapies are expected to redefine the therapeutic landscape for myelofibrosis over the next several years. As they progress through clinical development and move toward regulatory approval, they are poised to set new treatment benchmarks and fuel further innovation and market expansion.

To know more about new myelofibrosis treatment, visit @ Myelofibrosis Treatment Market 

Recent Developments in the Myelofibrosis Market

  • In July 2025, Incyte announced that the Phase I data in patients with myelofibrosis as monotherapy and in combination with ruxolitinib are anticipated in the second half of 2025.
  • In June 2025, QIAGEN and Incyte announced a new global collaboration to develop a novel diagnostic panel to support Incyte’s extensive portfolio of investigational therapies for patients with myeloproliferative neoplasms (MPNs), including Incyte’s monoclonal antibody INCA033989.
  • In January 2025, Karyopharm Therapeutics stated that it expects to report top-line results from the Phase III SENTRY trial in the second half of 2025, which could represent a potentially transformative opportunity to establish a new treatment paradigm in myelofibrosis.
Myelofibrosis Market Report MetricsDetails
Study Period2020–2034
Myelofibrosis Market Report Coverage7MM [The United States, the EU-4 (Germany, France, Italy, and Spain), the United Kingdom, and Japan]
Myelofibrosis Market CAGR 9%
Myelofibrosis Market Size in 2024USD 2.2 Billion
Key Myelofibrosis CompaniesPharmaEssentia, AOP Orphan Pharmaceuticals, Incyte, Karyopharm Therapeutics, Geron, Bristol Myers Squibb, Kartos Therapeutics, Novartis, Merck, Telios Pharma, Ryvu Therapeutics, Sumitomo Pharma, Syntara, Disc Medicine, Menarini Group, and others
Key Myelofibrosis TherapiesBESREMi (ropeginterferon alfa-2b-njft/P-1101), INCB057643, XPOVIO (NEXPOVIO/selinexor/KPT-330), RYTELO (imetelstat), REBLOZYL (luspatercept/ACE-536), Navtemadlin (KRT-232), Pelabresib (DAK539), Bomedemstat (IMG-7289/MK-3543), TL-895, RVU120 ( SEL-120), TP-3654 (nuvisertib), SNT-5505 (PXS-5505), DISC-0974, ELZONRIS (tagraxofusp/SL-401), and others

Scope of the Myelofibrosis Market Report

  • Myelofibrosis Therapeutic Assessment: Myelofibrosis current marketed and emerging therapies
  • Myelofibrosis Market Dynamics: Conjoint Analysis of Emerging Myelofibrosis Drugs
  • Competitive Intelligence Analysis: SWOT analysis and Market entry strategies
  • Myelofibrosis Market Unmet Needs, KOL’s views, Analyst’s views, Myelofibrosis Market Access and Reimbursement

Discover more about myelofibrosis drugs in development @ Myelofibrosis Clinical Trials

Table of Contents

1MYELOFIBROSIS MARKET KEY INSIGHTS
2MYELOFIBROSIS MARKET REPORT INTRODUCTION
3EXECUTIVE SUMMARY OF MYELOFIBROSIS
4MYELOFIBROSIS EPIDEMIOLOGY AND MARKET METHODOLOGY
5KEY EVENTS
6MYELOFIBROSIS MARKET OVERVIEW AT A GLANCE
6.1MARKET SHARE (%) DISTRIBUTION OF MYELOFIBROSIS BY THERAPIES IN 2024
6.2MARKET SHARE (%) DISTRIBUTION OF MYELOFIBROSIS BY THERAPIES IN 2034
7DISEASE BACKGROUND AND OVERVIEW
7.1INTRODUCTION
7.2MYELOFIBROSIS SUBTYPES
7.3MYELOFIBROSIS SIGNS AND SYMPTOMS
7.4MYELOFIBROSIS CAUSES
7.5MYELOFIBROSIS PATHOGENESIS
7.6MYELOFIBROSIS PROGNOSIS
7.7MYELOFIBROSIS RISK FACTOR
7.8MYELOFIBROSIS DIAGNOSIS
8MYELOFIBROSIS TREATMENT AND MANAGEMENT
9MYELOFIBROSIS GUIDELINES
9.1NCCN GUIDELINES
9.2NICE GUIDELINES
9.3ESMO GUIDELINES (POST PV AND POST ET)
9.4THE MANAGEMENT OF MYELOFIBROSIS: A BRITISH SOCIETY FOR HEMATOLOGY GUIDELINE
10MYELOFIBROSIS EPIDEMIOLOGY AND PATIENT POPULATION
10.1KEY FINDINGS
10.2ASSUMPTIONS AND RATIONALE
10.3TOTAL PREVALENT CASES OF MYELOFIBROSIS IN THE 7MM
10.4THE UNITED STATES
10.4.1Total Prevalent Cases of Myelofibrosis in the United States
10.4.2Type-specific Cases of Myelofibrosis in the United States
10.4.3Myelofibrosis Cases Based on Risk Stratification in the United States
10.4.4Age-specific Cases of Myelofibrosis in the United States
10.4.5Myelofibrosis Cases Based on Molecular Alterations in the United States
10.5EU4 AND THE UK
10.6JAPAN
11MYELOFIBROSIS PATIENT JOURNEY
11.1DESCRIPTION
12KEY ENDPOINTS IN MYELOFIBROSIS CLINICAL TRIALS
13MARKETED MYELOFIBROSIS DRUGS
13.1KEY COMPETITORS
13.2MYELOFIBROSIS JAKAFI/JAKAVI (RUXOLITINIB): INCYTE/NOVARTIS
13.2.1Product Description
13.2.2Regulatory Milestones
13.2.3Other Developmental Activities
13.2.4Clinical Development
13.2.5Safety and Efficacy
13.2.6Product Profile
13.3INREBIC (FEDRATINIB): BRISTOL MYERS SQUIBB
13.4VONJO MYELOFIBROSIS: SWEDISH ORPHAN BIOVITRUM/CTI BIOPHARMA
13.5OJJAARA/OMJJARA (MOMELOTINIB MYELOFIBROSIS): GSK/SIERRA ONCOLOGY
14EMERGING MYELOFIBROSIS THERAPIES
14.1KEY COMPETITORS
14.2PELABRESIB: MORPHOSYS
14.2.1Product Description
14.2.2Other Developmental Activities
14.2.3Clinical Development
14.2.4Safety and Efficacy
14.3IMETELSTAT: GERON
14.4REBLOZYL (LUSPATERCEPT/ACE-536): BRISTOL MYERS SQUIBB
14.5NAVTEMADLIN (KRT-232): KARTOS THERAPEUTICS
Further details in the report…
15MYELOFIBROSIS MARKET: 7 MAJOR MARKET ANALYSIS
15.1KEY FINDINGS
15.2MYELOFIBROSIS MARKET OUTLOOK
15.3CONJOINT ANALYSIS
15.4KEY MYELOFIBROSIS MARKET FORECAST ASSUMPTIONS
15.5TOTAL MARKET SIZE OF MYELOFIBROSIS IN THE 7MM
15.6UNITED STATES MYELOFIBROSIS MARKET SIZE
15.6.1Total Market Size of Myelofibrosis in the United States
15.6.2Market Size of Myelofibrosis by Therapies in the United States
15.1EU4 AND THE UK MYELOFIBROSIS MARKET SIZE
15.2JAPAN MYELOFIBROSIS MARKET SIZE
16MYELOFIBROSIS MARKET ACCESS AND REIMBURSEMENT
16.1UNITED STATES
16.2EU4 AND THE UK
16.3JAPAN
16.4MYELOFIBROSIS MARKET ACCESS AND REIMBURSEMENT
16.4.1United States
16.4.2NICE UK
16.4.3HAS France
16.4.4The Agence nationale de sécurité du médicament et des produits de santé (ANSM)
16.4.5IQWIG Germany
16.4.6The Federal Institute for Drugs and Medical Devices (BfArM)
16.4.7AIFA Italy
16.4.8MHLW Japan
17MYELOFIBROSIS MARKET SWOT ANALYSIS
18MYELOFIBROSIS MARKET UNMET NEEDS
19KOL VIEWS ON MYELOFIBROSIS 
20BIBLIOGRAPHY
21MYELOFIBROSIS MARKET REPORT METHODOLOGY

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