Bleeding Disorders Treatment Market Overview: Market Size, Drivers And Trends
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
North America held the largest bleeding disorders treatment market share, and Asia-Pacific was the fastest-growing region in 2022.
The global bleeding disorders treatment market is expected to grow from $13.74 billion in 2022 to $15.07 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The bleeding disorders treatment market size is expected to grow to $20.65 billion in 2027 at a CAGR of 8.2%.
Major Driver In The Bleeding Disorders Treatment Market – Increase In The Number Of Diagnosed Hemophilia Patients
According to the World Federation of Haemophilia, a Canada-based international, non-profit organisation, the total number of people with bleeding disorders was 3,47,026 in 2020, the number of people with Haemophilia was 2,09,614, people with haemophilia A was 1,65,379, and people with haemophilia B accounted for 33,076 worldwide. As a result, the growing number of haemophilia patients is propelling the bleeding disorders therapy market forward.
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Key Bleeding Disorders Treatment Market Segments
1) By Treatment: Desmopressin (DDAVP), Hormone Replacement Therapy, Contraceptives, Anti-Fibrinolytic or Clot-Stabilizing Drugs, Fibrin Sealants, Drugs Applied To Cuts, Pipeline Analysis
2) By Disease Type: Hemophilia A, Hemophilia B, Von willebrand disease, Liver disease, Other Disease Types
3) By End User: Hospitals, Clinics, Speciality Clinics, Research Institutes, Other End Users
Recent Bleeding Disorders Treatment Market Trend – Technological Advancement
To maintain their market position, major companies in the bleeding disorder treatment field are focusing on developing breakthrough technology. For example, the University of Oslo, a public research university in Norway, discovered a new technology called super albumin in 2021, which could lead to the development of long-acting drugs and have substantial implications for persons with haemophilia. The University’s research team has developed a revolutionary biomedical technique that can be utilised to produce coagulation factors with significantly longer half-lives than those now available. The beginning point is an in-depth examination of a biological mechanism. They were able to synthesise super albumin, a protein variant that can be mixed with protein-based drugs to prolong their bloodstream, using this understanding.
Bleeding Disorders Treatment Market Prominent Players
Major players in the bleeding disorders treatment market are AbbVie Inc., Bayer AG, Novo Nordisk A/S, Pfizer Inc., Biogen, CSL Behring, Grifols S.A., Octapharma AG, BDI Pharma Inc., Ferring Pharmaceuticals, Xenetic Biosciences, Sanofi S.A., Alnylam Pharmaceuticals Inc., and Novartis AG.
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The Bleeding Disorders Treatment Global Market Report 2023 provides a comprehensive overview on the bleeding disorders treatment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the bleeding disorders treatment 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.
Bleeding disorders are a set of diseases caused by the blood’s inability to clot properly. Extended bleeding following surgery, injury, menstruation, or trauma are symptoms of bleeding disorders. The treatment either stops or reduces the frequency of bleeding episodes.
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