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What key factors are powering the surge in the Hemophilia market right now?

The hemophilia industry has seen robust growth in recent years. There is a projected growth from $13.83 billion in 2024 to $15.13 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 9.4%. The escalation in the past years has been ascribed to government efforts, a higher count of patients with hemophilia, expanded diagnostic screening, and enhanced awareness concerning hemophilia treatment options.

How fast Is the hemostasis products market expected to grow, and what’s its future value?

In the coming years, the hemophilia market is projected to experience significant growth, reaching $21.28 billion by 2029, with an annual growth rate of 8.9%. This growth in the forecast period can be credited to the surge in research and development in hemophilia, an increase in diagnostic screenings, gradual rise in healthcare expenditure, and worldwide access to treatments. Key trends during this period include the introduction and approval of new drugs, the escalation of innovative drug development, ongoing research and clinical trials, digital health solutions, and advancements in treatment options.

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What are the leading drivers of growth in the hemophilia market?

The escalation in genetic abnormalities is anticipated to catalyze the expansion of the hemophilia market. Genetic abnormalities, also termed as genetic mutations or genetic disorders, are alterations in the DNA sequence of an individual’s genes that can evoke various health conditions and physical attributes. The purpose of hemophilia treatment is to inhibit or manage bleeding episodes, reduce difficulties and enhance the life quality of individuals with genetic abnormalities. For example, as per Gene People, a UK-based registered charity organization working for genetic conditions, there was one in every 25 kids with a genetic disorder in June 2023. As a result, 30,000 infants and young children in the UK and over 2.4 million children and adults are affected by a genetic disorder each year. Thus, the increasing prevalence of genetic abnormalities is fueling the growth of the hemophilia market. Increasing investment endeavours in hemophilia care are envisioned to boost the hemophilia market’s growth. Investment endeavours denote the assigning of financial resources, research, and development initiatives, along with improvements in healthcare infrastructure, directed at enhancing the treatment, management, and comprehensive well-being of individuals suffering from hemophilia. These investment efforts aim to enhance the reach of hemophilia treatment in the developing regions through initiatives and collaborations that expand the patient pool and market size. For example, the National Hemophilia Foundation (NHF), a US-based nonprofit organization, in September 2022, initiated Pathway to Cures (P2C), an innovative venture philanthropy investment fund with an initial funding of $3.5 million. P2C is committed to bringing significant and transformative developments in inheritable blood disorders domain, harnessing its team’s proficiency in blood disorder research, and utilizing NHF’s valuable connections with scientific research institutions and clinical experts. Thus, growing investment endeavours in hemophilia care will propel the growth of the hemophilia market.

What are the key segments defining the hemophilia market?

The hemophilia market covered in this report is segmented –

1) By Type: Hemophilia A, Hemophilia B, Hemophilia C, Other Types

2) By Treatment: Replacement Therapy, Hemostatic Agents, Desmopressin, Gene Therapy, Other Treatments

3) By End-User: Hospitals, Clinics, Home Care Settings, Other End-Users

Subsegments:

1) By Hemophilia A: Severe Hemophilia A, Moderate Hemophilia A, Mild Hemophilia A

2) By Hemophilia B: Severe Hemophilia B, Moderate Hemophilia B, Mild Hemophilia B

3) By Hemophilia C: Severe Hemophilia C, Mild Hemophilia C

4) By Other Types: Acquired Hemophilia, Von Willebrand Disease

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Who are the key players steering the development of the hemophilia market?

Major companies operating in the hemophilia market are Kedrion S.p.A., Chugai Pharmaceutical Co. Ltd., Pfizer Inc., F. Hoffmann-La Roche AG, Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, Takeda Pharmaceutical Company Limited, Novo Nordisk A/S, Baxter International Inc., CSL Limited, Biogen Inc., Grifols S.A., Octapharma AG, BioMarin Pharmaceutical Inc., GC Pharma, Alnylam Pharmaceuticals Inc., Bio Products Laboratory Ltd., Sangamo Therapeutics Inc., UniQure, Intellia tx, ProMetic BioSciences Ltd., Precision BioLogic Inc., Dimension Therapeutics, Chameleon Biosciences, Amarna therapeutics, HEMA Biologics LLC, Aptevo Therapeutics, Arcturus Therapeutics Inc., Ferring Lakemedel AB.

What emerging trends are influencing the growth of the hemophilia market?

Leading businesses in the hemophilia market are focusing on the innovation of drugs like ALTUVIIIO as a strategy to maintain their dominance. Sanofi S.A., a pharmaceutical and healthcare provider from France, for example, launched ALTUVIIIO for hemophilia in February 2023, earning approval from the US-based government agency, The Food and Drug Administration (FDA). ALTUVIIIO, as the first and only medication for hemophilia A to be prescribed once weekly, can sustain standard to near-normal factor activity levels (above 40%) throughout most of the week, and significantly reduce bleeding in comparison to prior factor VIII prophylaxis.

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Which regions are most influential in expanding the hemophilia market?

North America was the largest region in the hemophilia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in hemophilia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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