Anemia And Other Blood Disorder Drugs Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Anemia And Other Blood Disorder Drugs Market?
Rising global anemia prevalence is a key driver of the anemia and other blood disorder drugs market. Unhealthy dietary habits, sedentary lifestyles, and stress contribute to the increase in anemia cases. For example, anemia is the most common condition in people over 65, with a prevalence of approximately 17%. The World Bank has also identified anemia as the 8th most significant disease burden for women and younger populations. This rising rate of anemia is bolstering the market for drugs treating anemia and related blood disorders.
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#What is the Growth Potential of the Anemia And Other Blood Disorder Drugs Market, and How Will It Perform by 2034?
The anemia and other blood disorder drugs market has seen robust growth recently. It is expected to grow from $11.61 billion in 2024 to $12.38 billion in 2025, with a CAGR of 6.6%. Growth drivers in the historical period include high disease prevalence, global health programs, an aging population, pharmaceutical advancements, and rising patient awareness.
The anemia and other blood disorder drugs market is anticipated to experience substantial growth over the next few years, reaching $16.09 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. This growth is driven by emerging markets, global demographic changes, and economic factors. Key trends include ongoing research and development, technological innovations, biologics, targeted therapies, gene therapies, telemedicine, remote monitoring, orphan drug designations, and mergers and acquisitions.
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What New Market Trends Are Reshaping theAnemia And Other Blood Disorder Drugs Market and Its Opportunities?
Companies in the anemia and other blood disorder drugs market are teaming up with government agencies to co-develop and commercialize new treatments, sharing costs and resources. These partnerships also help address challenges like license expirations and strict regulatory environments. For example, in March 2023, Disc Medicine partnered with the NIH and NHLBI to conduct clinical trials of biopterin for treating Diamond-Blackfan Anemia (DBA) and iron deficiency anemia in adults. The research is conducted under a CRADA agreement and funded by the NIH.
Who Are the Leading Market Players Fueling Growth in the Anemia And Other Blood Disorder Drugs Market Trend?
Major companies operating in the anemia and other blood disorder drugs market include Amgen Inc, GlaxoSmithKline plc, Akebia Therapeutics Inc., Bayer AG, Pfizer Inc, F. Hoffmann-La Roche Ltd., Merck Sharp & Dohme Corp., Novartis AG, Global Blood Therapeutics Inc., GlycoMimetics Inc., Eli Lilly and Company, FibroGen Inc., bluebird bio Inc., Acceleron Pharma Inc., AMAG Pharmaceuticals Inc., Pieris Pharmaceuticals Inc., Vifor Pharma Management Ltd., Sanofi S.A., Allergan U.S. Inc., Meda Consumer Healthcare Inc., AbbVie Inc., Johnson & Johnson, Daiichi Sankyo Company Limited, Galenica Ltd., Pharmacosmos A/S, Emmaus Medical Inc., Takeda Pharmaceutical Company Limited, Bristol-Myers Squibb Company, Merck & Co. Inc., Gilead Sciences Inc., Vertex Pharmaceuticals Incorporated, Alexion Pharmaceuticals Inc., Alnylam Pharmaceuticals Inc., uniQure N.V., Rubius Therapeutics Inc., BioMarin Pharmaceutical Inc., Grifols S.A., Orchard Therapeutics plc
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How is the Global Anemia And Other Blood Disorder Drugs Market Segemented?
The anemia and other blood disorder drugs market covered in this report is segmented –
1) By Type: Iron Deficiency Anemia, Chronic Kidney Disease Anemia, Sickle Cell Anemia, Aplastic Anemia
2) By Route of Administration: Oral, Injectable
3) By Distribution Channel: Hospitals Pharmacy, Online Pharmacy, Pharmacy
Subsegments:
1) By Iron Deficiency Anemia: Oral Iron Supplements, Injectable Iron Supplements, Iron Fortified Foods
2) By Chronic Kidney Disease Anemia: Erythropoiesis-Stimulating Agents (ESAs), Iron Supplements, Blood Transfusion
3) By Sickle Cell Anemia: Hydroxyurea, Blood Transfusions, Gene Therapy, Pain Management Drugs
4) By Aplastic Anemia: Immunosuppressive Therapy, Stem Cell Transplantation, Erythropoiesis-Stimulating Agents (ESAs)
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Which Geographics are Influencing the Growth of the Anemia And Other Blood Disorder Drugs Market?
North America was the largest region in the anemia and other blood disorder drugs market in 2023. Middle East is expected to be the fastest-growing region in the anemia and other blood disorder drugs market during the forecast period. The regions covered in the anemia and other blood disorder drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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