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Hemophilia Treatment Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-15 

Hemophilia Treatment Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global hemophilia treatment market is expected to accumulate considerable returns over the period of study due to the increasing cases of genetic abnormalities and the surging prevalence of hemophilia. A rare bleeding disorder, hemophilia causes incessant bleeding after a surgery or an injury owing to the delay in blood clotting. Optimum care and reliable treatment is considered crucial to prevent serious consequences.

World Federation of Hemophilia states that in the year 2016, the total cases of hemophilia across the globe stood at 184,723. The U.S. Center for Disease Control and Prevention recommends patients suffering from Hemophilia to opt for a treatment center in order to seek optimal care and necessary health education in order to stay healthy.

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Reportedly, the average age for the diagnosis of hemophilia is 1 month for severe hemophilia, 8 months in moderate cases, and 36 months for mild hemophilia cases. The rising deployment of Hemophilia Treatment Center globally will supplement the adoption of therapies. It is projected that global hemophilia treatment market size will reach USD 14.8 billion in annual value by 2025.

Based on hemophilia type, hemophilia treatment industry is segmented into hemophilia A and hemophilia B. Hemophilia A is inherited as an X-linked recessive trait, which means males are more susceptible to the condition. According to the US Centers for Disease Control and Prevention, 1 in every 5,000 live male births is affected by hemophilia A and around 400 children are born with the condition each year.

Increasing awareness about the type’s severity, symptoms, and treatment will encourage more patients to seek medications, thereby driving hemophilia treatment market growth. In fact, hemophilia A treatment industry size is expected to grow at a CAGR of 5.3% over 2019-2025. 

With respect to the type of treatment, prophylaxis has showcased tremendous potential and generated revenue of around USD 7.22 billion during 2018 and will witness sufficient gains due to the wide adoption of the treatment procedure. Patients diagnosed with extreme cases of hemophilia are recommended to seek prophylactic treatment to avoid bleeding.

Studies suggest that prophylactic treatment is effective in reducing pain associated with joints with the help of this treatment method. Improved efficacy and merits as compared to other treatment methods will support the rate of adoption.

With respect to geographical expanse, India has emerged as a profitable revenue terrain in the industry during due to measures undertaken by the government to improve healthcare offerings. According to the World Federation of Hemophilia, India stands second in the total number of hemophilia patients across the globe, urging the need for a reliable healthcare system to meet the treatment demands. 

Prophylaxis injections have shown to prevent or reduce the frequency of bleeding episodes and enhancing the quality of life. Some of the prominent hemophilia treatment providers operating in the industry include Biotest AG, Sanofi SA, Genentech, and Swedish Orphan Biovitrum AB among numerous others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/hemophilia-treatment-market

Partial Chapter of the Table of Content 

Chapter 4. Hemophilia Treatment Market, By Disease

4.1. Global hemophilia treatment market share by disease, 2018 & 2025

4.2. Hemophilia A

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Severe

4.2.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.3. Moderate

4.2.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.4. Mild

4.2.4.1. Market size, by region, 2014 – 2025 (USD Million)

4.3. Hemophilia B

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.2. Severe

4.3.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.3. Moderate

4.3.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.4. Mild

4.3.4.1. Market size, by region, 2014 – 2025 (USD Million)

4.4. Others

4.4.1. Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Hemophilia Treatment Market, By Product

5.1. Global hemophilia treatment market share by product, 2018 & 2025

5.2. Recombinant Factor Concentrates

5.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.2.2. Factor VIII

5.2.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.2.3. Factor IX

5.2.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.3. Plasma-derived Factor Concentrates

5.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.3.2. Factor VIII

5.3.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.3.3. Factor IX

5.3.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.4. Extended Half-life Products

5.4.1. Market size, by region, 2014 – 2025 (USD Million)

5.4.2. Factor VIII

5.4.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.4.3. Factor IX

5.4.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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