Hemophilia Treatment Drugs Market (Product Type - Desmopressin, Plasma-Derived Coagulation Factor Concentrates, Antifibrinolytic Agents, and Recombinant Coagulation Factor Concentrates; Disease Indication - Hemophilia A, Hemophilia B, and Polyethylene; Distribution Channel - E-Commerce, Retail Pharmacies, and Hospital Pharmacies): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025. According to the report, the global hemophilia treatment drugs market is projected to grow at a CAGR of 7.25% over the forecast period of 2019-2025.
Pune, India -- (SBWIRE) -- 04/29/2019 -- The latest report has been added to the wide database of Hemophilia Treatment Drugs Market by Infinium Global Research. This report studies the hemophilia treatment drugs market by product type (desmopressin, plasma, recombinant coagulation factor concentrates), disease indication (hemophilia A, hemophilia B, polyethylene), distribution channel (E-commerce, retail pharmacies, hospital pharmacies) market status and outlook of global and major regions, from manufacturers, and end industries.
The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. hemophilia treatment drugs market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape, latest trends, and product offerings of the major companies in the hemophilia treatment drugs market.
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Hemophilia Treatment Drugs Market: Industrial Insight
Hemophilia is an inherited (genetic) disorder in which blood doesn't clot normally because it lacks enough blood-clotting proteins (clotting factors). Which causes abnormal internal and external bleeding after any type of injuries. There are two major types of hemophilia, type A and type B. In type A hemophilia there is a lack of clotting factor VIII which accounts for about 80 percent of hemophilia cases. In type B hemophilia which is also known as "Christmas disease," the person lacks clotting factor IX. Hemophilia occurs in around 1 in every 20,000 males born worldwide. Both A and B types can be mild, moderate, or severe, depending on the amount of clotting factor present in the blood. 5 to 40 percent of normal clotting factor is considered mild, 1 to 5 percent is moderate, and less than 1 percent is severe.
Hemophilia Treatment Drugs Market: Drivers and Restraints
Initiative taken by the government and non-government organizations to create awareness among populations has accounted for the substantial rise in diagnosis percentage which in turn helping in the growth of market. Moreover, development of novel recombinant products providing better efficacy and safety over plasma-derived drugs and technological advancements are some factors driving the growth of this market, however unmet need of medicine, high treatment cost treatment is the major restraining factors in this market. On the other hand, advancements in gene therapy, Reduction in treatment cost and approval of new drugs for the treatment of hemophilia offer high potential growth opportunities in this market.
Hemophilia Treatment Drugs Market: Segmentation
The global hemophilia treatment drugs market has been segmented based on product type, distribution channel, disease indication. Product type segment further sub-segmented into Desmopressin, Plasma derived coagulation factor concentrates, Antifibrinolytic agents, Recombinant coagulation factor concentrates, Antifibrinolytic agents, in that recombinant coagulation factor concentrates segment anticipated to hold the maximum share of the market during the forecast period. Based on the disease indication segment classified into hemophilia A, hemophilia B and others. Hemophilia A segment accounted for the major share of the market due to the high prevalence rate of this variant of hemophilia.
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Hemophilia Treatment Drugs Market: Regional Insight
Geographically Hemophilia Treatment Drugs Market classified into North America, Europe, Asia-Pacific and rest of the world (RoW). North America followed by Europe is estimated to remain dominant in the forecast period, increasing the patient pool, growing prevalence of hemophilia disease, increasing usage of the recombinant product, and technological advancements are some of the factors contributing for the growth of the market. The Asia Pacific and Latin America are excepted to witness significant growth in the near future, owing to rising demand for recombinant and plasma-derived products, better diagnostic techniques and growing medical research in Asia Pacific and Latin America, are boosting the market growth in this region.
Hemophilia Treatment Drugs Market: Competitive Analysis.
Some of the most important market players in the global hemophilia market are Shire plc, Pfizer, CSL Behring, Novo Nordisk A/S, Bayer AG, Sanofi, Baxter International Inc, Hoffmann-La Roche Ltd. and others. shire plc holds the largest market share due to its vast geographical presence and broad product portfolio.
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