Zion Market Research, the market research group announced the analysis report titled 'Sickle Cell Anemia Treatment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 09/07/2017 -- Global Sickle Cell Anemia Treatment Market: Overview
A disorder of the red blood cells is sickle cell anemia. This is an inherited disease. In this disease the red blood cells have a short life thus healthy cells are scarce for transporting adequate amount of oxygen to the organs. In normal conditions, the red blood cells move easily through the blood vessels and are flexible round in shape. When one is suffering from sickle cell anemia the red blood cells become rigid and sticky and are sickle shaped. Thus, these red blood cells block the flow of oxygen and blood to the other parts of the body by getting stuck in the blood vessels. Mutation in the gene causes sickle cell anemia.
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Global Sickle Cell Anemia Treatment Market: Segmentation
The market for the sickle cell anemia treatment is globally fragmented into therapy type and distribution channels. Depending on the therapy type, the global market is segregated into bone marrow transplant, medications, blood transfusion, and gene therapy. The medications segment is further sub-segmented into antimetabolites, vaccines, antibiotics, analgesics, and folic acid. According to the end user, the market is categorized into clinics, hospitals, and home healthcare.
Global Sickle Cell Anemia Treatment Market: Growth Factors
The occurrence of the sickle cell anemia disease is increasing in under-developed, developing, and the developed regions; this high prevalence of the disease in the regions is driving the market. The other factors that are contributing to the market growth are the growing needs that are not satisfied, the increasing product pipeline for the treatment of the sickle cell anemia is projecting to create a high requirement for options of treatment. Sickle cell anemia treatment market is growing owing to the rising support by the governments and the regulatory bodies which are by means of the investments that are made in the activities of research and development and the approval for developing and finding new treatment options for this disease is very fast. The factors that are restraining the sickle cell anemia treatment market growth are the adoption of the treatments is slow this is owing to the cost related with it, permanent cure for sickle cell anemia disease is absent, and the treatment is a complex procedure.
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Global Sickle Cell Anemia Treatment Market: Regional Analysis
The geographical segmentation of the global key opinion leader management market is diversified into Western Europe, Eastern Europe, Latin America, North America, the Middle East and Africa, and Asia Pacific. The region that is dominating the sickle cell anemia treatment market is the North America. Factors that are contributing to the market growth are increasing activities in the research and development, accessibility to developed healthcare infrastructure, and favorable reimbursement policies attribute the region to contribute a larger market share. The high prevalence of the disease in the African and Asia-Pacific regions is favoring the sickle cell anemia treatment market growth in these regions.
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Global Sickle Cell Anemia Treatment Market: Competitive Players
The key market players that are involved in the sickle cell anemia market include Bluebird Bio, Eli Lilly, Gilead Sciences, Inc., Merck & Co., Inc., Novartis AG, Sanofi, Baxter, Bristol-Myers Squibb Company, Global Blood Therapeutics, Johnson & Johnson, Mast Therapeutics, and Pfizer, Inc.
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