According to the latest report by IMARC Group, titled “Sickle Cell Disease Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global sickle cell disease treatment market size reached US$ 2.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2027, exhibiting a growth rate (CAGR) of 16.0% during 2022-2027. Sickle cell disease refers to a genetic red blood cell (RBC) disorder. It severely affects hemoglobin, a protein that carries oxygen throughout the body and leads to numerous complications, including acute chest syndrome, anemia, Vaso-occlusive crisis (VOC), etc. There are various types of treatment available for controlling sickle cell disease, such as blood and bone marrow transplant, blood transfusions, pharmacotherapy, etc. They help reduce the symptoms and prolong the life of patients. Consequently, sickle cell disease treatments are extensively utilized in hospitals, specialty clinics, and other healthcare establishments.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Sickle Cell Disease Treatment Market Trends:
The increasing research on gene therapy is among the key factors driving the sickle cell disease treatment market. Furthermore, the elevating focus among the health regulatory authorities of several countries towards fast-track approval of new treatment methods is acting as another significant growth-inducing factor. Besides this, the rising prevalence of sickle cell anemia among both adults and children and the growing usage of the blood transfusion segment across the globe are also positively influencing the market growth. Apart from this, the inflating investments undertaken by the government bodies in the developing countries for improving the healthcare infrastructure and the expanding awareness among individuals about the available medical therapies are anticipated to augment the sickle cell disease treatment market over the forecasted period.
Global Sickle Cell Disease Treatment Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- AstraZeneca Plc
- Baxter International Inc.
- bluebird bio Inc.
- Bristol-Myers Squibb Company
- CRISPR Therapeutics
- Emmaus Medical Inc
- Global Blood Therapeutics Inc.
- GlycoMimetics Inc
- Novartis AG
- Pfizer Inc
- Sangamo Therapeutics
Breakup by Treatment Type:
- Blood Transfusion
- Pharmacotherapy
- Bone Marrow Transplant
Breakup by End User:
- Hospitals
- Diagnostic centers
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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