Growth Trajectory Of The Anemia And Other Blood Disorder Drugs Market 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The worldwide market for anemia and other blood disorder drugs will rise from $11.14 billion in 2022 to $11.87 billion in 2023, with a 6.6% CAGR. By 2027, it’s projected to reach $14.80 billion, growing at a 5.7% CAGR.
North America held the largest anemia and other blood disorder drugs market share, and Middle East was the fastest-growing region in 2022.
Anemia And Other Blood Disorder Drugs Market Driver
Rising Anemia Prevalence Globally, linked to unhealthy lifestyles, dietary changes, and heightened stress, fuels the market. Anemia is particularly common among the elderly (>65 years) with a 17% prevalence rate. The World Bank ranks anemia as the 8th major ailment among women and youth. Increased anemia rates propel the anemia and blood disorder drugs market.
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Prominent Anemia And Other Blood Disorder Drugs Market Trend
Firms in the anemia and blood disorder drugs market partner to jointly develop and market specific drugs, sharing knowledge, technology, and costs. Such collaborations aid companies when facing expiring licenses and strict regulations. Akebia Therapeutics, for instance, teamed up with Tobacco Inc. to address iron deficiency anemia in adults in 2020. Another example is Akebia Therapeutics Inc. and Otsuka Pharmaceutical Co. Ltd., which joined forces to produce and market vadadustat, an oral HIF stabilizer for anemia treatment.
Anemia And Other Blood Disorder Drugs Market Prominent Players
Major players in the anemia and other blood disorder drugs market are Amgen Inc., GlaxoSmithKline PLC., Akebia Therapeutics, Bayer AG, Pfizer Inc., Regenbiopharma, Hoffmann-La Roche Ltd., Merck Sharp &Dohme Corp., Novartis AG and Janssen Pharmaceutical.
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Key Anemia And Other Blood Disorder Drugs Market Segments
The global anemia and other blood disorder drugs market is segmented –
1) By Type: Iron Deficiency Anemia, Chronic Kidney Disease Anemia, Sickle Cell Anemia, Aplastic Anemia
2) By Distribution Channel: Hospitals Pharmacy, Online Pharmacy, Pharmacy
3) By Route of Administration: Oral, Injectable
4) By Anemia Type: Microcytic (Low MCV), Normocytic (Normal MCV), Macrocytic (High MCV)
The Anemia And Other Blood Disorder Drugs Global Market Report 2023 provides a comprehensive overview on the anemia and other blood disorder drugs market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the anemia and other blood disorder drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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