Albany, NY -- (SBWIRE) -- 04/19/2017 -- Market Research Hub (MRH) has recently published the latest market study to its online portal, which is titled as "Global Hemophilia Market: Industry Analysis & Outlook (2017-2021)" This study offers professional analysis of the current state of Hemophilia Market.

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The hemophilia market has entered into an era of unprecedented growth rate with a variety of treatment options. Development of new therapeutics along with expansion in the current treatment options has presented new opportunities to the market. Hemophilia being an inherited genetic bleeding disorder causes abnormal bleeding with poor clotting. It is classified into hemophilia A, hemophilia B, hemophilia C, and hemophilia with inhibitors.

Treatment for hemophilia is done via replacement therapy, prophylactic therapy, on-demand therapy, gene therapy and many others. Gene therapy is being regarded as an attractive option for treatment of hemophilia. By the year 2030, the pharmaceutical companies are expected to launch their gene therapy treatment for hemophilia, and this might affect the market dynamics at large.

The growth factors of the hemophilia market include increased focus on prophylactic treatment, growing market for FVIII, increasing diagnosis rate, and increasing healthcare expenditure. Major trends of the market include the development of novel hemophilia treatment, subcutaneous dosing and growing popularity of gene therapy. Further, growth prospects are hindered by the high cost of therapy and consumer's reluctance in switching to new therapy options.

The report offers an in-depth analysis of the global hemophilia market. It also covers the global as well as regional aspect of the market. The top notch players in the market exhibit a very close competition. The report profiles Pfizer Inc., Bayer Group, Shire PLC, and Novo Nordisk.

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Market Dynamics:

Growth Drivers
-Increased Focus on Prophylactic Treatment
-Growing Market for FVIII
-Increasing Diagnosis Rate
-Increasing Healthcare Expenditure

Key Trends
-Development of Novel Hemophilia Treatments
-Subcutaneous Dosing
-Increasing Demand for Recombinant Versions of Factor VIII & FIX Drugs
-Popularity of Gene Therapy

Challenges
-High Cost of Treatment
-Reluctance to Switch to New Therapies

Companies Mentioned
-Bayer Group
-Novo Nordisk
-Pfizer Inc.
-Shire Plc

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