Hemophilia A Treatment Market is Likely to Upsurge USD 17.77 Billion by 2029, Size, Share, Trends, Demand And Growth Forecast

PRESS RELEASE
Published October 23, 2023

Data Bridge Market Research recently conducted an extensive market intelligence study, thoroughly examining the Hemophilia A Treatment Market. The newly published report utilizes an attractive format, presenting crucial information through visually engaging tables, graphs, charts, and figures.

This Hemophilia A Treatment report provides insights into historical data, current market trends, future product developments, marketing strategies, technological innovations, upcoming technologies, emerging trends, and opportunities. The report offers market potential assessments for each geographic region based on growth rates, macroeconomic indicators, consumer purchasing patterns, product preferences, and market supply and demand scenarios. Additionally, the report delves into emerging opportunities in the market and factors that influence them, making it an indispensable resource for market enthusiasts, policymakers, investors, and industry players.

To thrive in this rapidly evolving market landscape, businesses must embrace the insights provided by this Hemophilia A Treatment market research report. The report comprehensively evaluates market conditions, improvements, scenarios, development prospects, costs, profits in specific market regions, as well as the positioning and comparative pricing of major players. The data and information contained in this Hemophilia A Treatment report not only assist businesses in making data-driven decisions but also ensure the highest possible return on investment (ROI). The report is the result of rigorous efforts, drawing input from a dedicated team of researchers, analysts, and forecasters.

Data Bridge Market Research analyses that the hemophilia A treatment market was valued at USD 11.1 billion in 2021 and is expected to reach USD 17.77 billion by 2029, registering a CAGR of 6.06% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Hemophilia affects about one in every 5,617 live male births, according to the US Centers for Disease Control and Prevention (CDC). In the United States, between 30,000 and 33,000 men have hemophilia. The severe type of hemophilia A affects more than half of those diagnosed. Hemophilia A affects four times more people than hemophilia B. Hemophilia is a blood disorder that affects people of all races and ethnicities. Hemophilia A, commonly known as classical hemophilia, is a genetic bleeding illness caused by a lack of factor VIII in the blood.

Key Growth Drivers:

  • High prevalence rate of hemophilia across the globe

The rise in prevalence rate of hemophilia across the globe will act as a major driver that will result in the expansion of the market’s growth rate. Patients with severe hemophilia require a frequent hemophilia treatment regimen to keep enough clotting factors in their bloodstream to avoid bleeds. Including a global study published in October 2021 by the World Federation of Hemophilia, there were 209,614 persons diagnosed with hemophilia worldwide, with 165,379 hemophilia A patients. Furthermore, patients who receive quality care are more likely to have fewer co-morbid diseases and have a decreased risk of serious bleeding. As a result, the ever-increasing number of patients has increased demand for haemophilia therapy, which will raise product adoption rates.

  • Surging number of pediatric population

The increasing number of pediatric population is estimated to enhance the market’s growth rate during the forecast period of 2022-2029. The prevalence of hemophilia is steadily rising among pediatric. Hemophilia is expected to affect one out of every 10,000 births, according to the World Federation of Hemophilia (WFH). Pediatric with hemophilia lack enough clotting factors in their blood as they cannot stop bleeding, necessitating the use of specific hemophilia medications to prevent excessive bleeding. A number of government and non-government groups are launching public awareness campaigns about the signs, diagnosis, and treatment of hemophilia in pediatrics. Furthermore, prominent industry players are focusing on developing innovative solutions to minimize the severity of hemophilia in pediatrics, hence accelerating market growth.

The report outlines the involvement of key players, including:

Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), AstraZeneca (UK), Johnson & Johnson Private Limited (US), Merck & Co., Inc. (US),  F. Hoffmann-La Roche Ltd. (Switzerland), Baxter (US), Takeda Pharmaceutical Company Limited (Japan), Grifols, S.A. (Spain), CSL (US), BioMarin (US), Spark Therapeutics, Inc. (US), Chugai Pharmaceutical Co. Ltd. (Japan), Octapharma AG (Switzerland), Novo Nordisk A/S (Denmark), Biogen (US), Genentech Inc. (US), Bayer AG (Germany), Ferring B.V. (Switzerland)

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Key Market Segmentation

Type (Severe, Moderate, Mild), Product (Recombinant Factor Concentrates, Plasma-derived Factor Concentrates, Extended Half-life Products), Patient (Pediatric, Adult), Diagnosis (Genetic Testing, Fibrinogen Test, Factor VIII and Factor IX Tests, Prothrombin Time (PT), Complete Blood Count (CBC)), Treatment (Prophylaxis, On Demand), Therapy (Factor Replacement Therapy, Non-factor Replacement Therapy), Drug Class (Vasopressin, Coagulation Factors), Route of Administration (Parenteral, Nasal Spray, Others), Dosage Form (Injection, Solutions, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Hemophilia A Treatment market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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