Hemophilia Market Size Hit USD 18.75 Billion CAGR of 5.20% in 2028

According to the current analysis of Reports and Data, the global Hemophilia market was valued at USD 12.41 Billion in 2020 and is expected to reach USD 18.75 Billion by the year 2028, at a CAGR of 5.20%. Hemophilia is a rare genetic disorder in which blood doesn’t clot normally because it lacks sufficient blood-clotting proteins known as clotting factors. Among the types of disorders, type A is anticipated to be multiple times more predominant than type B.  The global market for hemophilia drugs is growing significantly, owing to the increasing number of hemophilic patients globally. Hemophilia medications are turning out to be one of the essential medicinal products to confine the loss of blood as there is no exact treatment accessible to treat this disorder. Strategies such as geographical expansion by the key market players and new product development are expected to have the most impact on the Hemophilia market.  Rising prevalence of the disorder, a significant focus of key market players on the development of gene therapy mechanism,  increasing awareness about the disorder, and favorable regulatory scenario, are some of the key factors that support the market growth in the industry.

However, lack of availability of medicine and high cost of treatment are the factors that limit the market growth over the globe during 2019-2027.

Key participants include Shire (Takeda), Bayer Healthcare, CSL Behring, Novo Nordisk, Sanofi, Pfizer Inc., among others.

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Market Overview:

The research report assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. The report estimates the market size, market growth, and provides an accurate forecast for the key segments of the market for the forecast period of 2022-2028. The report also covers an in-depth analysis of the key competitors of the market, along with their growth strategies and business expansion plans.

The Hemophilia Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Hemophilia Market.

Further key findings from the report suggest,

• Launch of products for hemophilia treatment is expected to support the market growth during the coming years. For instance, in May 2019 FDA approved Roche’s Hemlibra for treatment of hemophilia with or without inhibitors.
• North America dominates the regional hemophilia market and held around 48% market share in 2019.
• Hemophilia B is projected to be the fastest growing segment at a CAGR of 5.7%. However, low availability of treatment for the segment is a major challenge for the market growth for this segment.
• Asia Pacific is expected to show a high growth rate in the hemophilic market and will grow at a CAGR of 6%
• Recombinant coagulation factor concentrate and plasma coagulation factor concentrate are the common options to treat hemophilia and are expected to take up an important position in the global hemophilia market owing to increased prevalence of the von Willebrand Disease.
• On-demand treatment segment is expected to grow at a CAGR of 5.6%.
• Treatment for hemophilia is in the clinical pipeline stage. And the multiple treatments that are underway are expected to significantly improve the quality of life of patients suffering from hemophilia.
• Availability of treatment and lack of awareness about hemophilia is likely to hinder the market growth during the forecast period.

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For the purpose of this report, Reports and Data has segmented the Hemophilia market on the basis of type, product type, treatment type, therapy type, and region:

Type (Revenue, USD Million; 2018–2028)

• Hemophilia A
• Hemophilia B
• Hemophilia C
• Others

Product (Revenue, USD Million; 2018–2028)

• Plasma derived coagulation factor concentrates
  • Factor VIII
  • Factor IX
  • Factor XII
  • Activated prothrombin complex concentrate
  • Von Willebrand factor
• Recombinant coagulation factor concentrates
  • Factor VIII
  • Factor IX
  • Von Willebrand factor
• Desmopressin
• Antifibrinolytic agents
• Others

Treatment Type (Revenue, USD Million; 2018–2028)

• Prophylactic
• On-Demand

Therapy Type (Revenue, USD Million; 2018–2028)

• Replacement Therapy
• Immune Tolerance Induction Therapy
• Gene Therapy

Regional Outlook (Revenue in USD Million; 2018–2028)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of the Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• The Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Columbia

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 Key Advantages of Hemophilia Market Report:

• Identification and analysis of the market size and competition
• Qualitative and quantitative analysis of the market data
• Data validated by industry experts after extensive primary and secondary research
• Extensive regional analysis of the Hemophilia industry
• Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
• SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
• Feasibility analysis and investment analysis to enable strategic investment decisions
• Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Hemophilia Market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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