About Hematology Therapies
Hematologic therapies represent a molecular understanding of the disease pathophysiology and treatment targeted precisely at the known aberration. Hematology includes the treatment of blood disorders and malignancies, like leukemia, hemophilia, lymphoma and sickle-cell anemia. Hematology is a branch of internal medicine that deals with the diagnosis, physiology, prognosis, pathology, etiology, treatment, and prevention of blood-related disorders. Hematologists focus mainly on lymphatic organs and bone marrow and may diagnose blood count irregularities or platelet irregularities.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Hematology Therapies market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Abbott Laboratories (United States), Bio-Rad Laboratories (United States), Roche (Switzerland), HORIBA (Japan), Beckman Coulter (United States), Bayer (Germany), Sysmex Corporation (Japan), Ortho Clinical Diagnostic (United States), Siemens Healthineers (Germany), Boule Diagnostics (Sweden), EKF Diagnostics (United Kingdom) and Mindray Medical (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Drew Scientific (United States) and HemoCue (Sweden).
Segmentation Overview
AMA Research has segmented the market of Global Hematology Therapies market by Type (Instruments and Consumable), Application (Physiology, Pathology, Etiology, Diagnosis, Treatment and Prognosis) and Region.
On the basis of geography, the market of Hematology Therapies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Blood Disorder Type, the sub-segment i.e. Hemophilia will boost the Hematology Therapies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Diagnostic Laboratories will boost the Hematology Therapies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Usage of Automation based Technology in Clinical Laboratory
Market Growth Drivers:
Growing Health-Related Awareness in Developing Economies and Rising Population of Aged People
Challenges:
Stringent Regulatory Norms regarding Laboratory Testing
Restraints:
Less Availability of Skilled Manpower in Laboratory and Expenses Associated with Maintaining the Laboratory System
Opportunities:
Increasing Advancement in Testing related Technologies and Continuous Research and Development for Effective Medicines Discovery
Market Leaders and their expansionary development strategies
In August 2022, Pfizer Inc. has acquired GBT, a biopharmaceutical company dedicated to the discovery, development and delivery of life-changing treatments that provide hope to underserved patient communities, starting with sickle cell disease (SCD). The acquisition complements and further enhances Pfizer’s more than 30-year heritage in rare hematology and reinforces the company’s commitment to SCD by bringing expertise and a leading portfolio and pipeline with the potential to address the full spectrum of critical needs in this underserved community.
In August 2023, Bristol Myers Squibb announced that the U.S. Food and Drug Administration (FDA) has approved Reblozyl (luspatercept-aamt) for the treatment of anemia without previous erythropoiesis stimulating agent use (ESA-naïve) in adult patients with very low- to intermediate-risk myelodysplastic syndromes (MDS) who may require regular red blood cell (RBC) transfusions. This expanded indication to the first-line setting is based on interim results from the pivotal Phase 3 COMMANDS trial, in which Reblozyl demonstrated superior efficacy of concurrent RBC transfusion independence (RBC-TI) and hemoglobin (Hb) increase compared to epoetin alfa, an ESA, regardless of ring sideroblast status.
Key Target Audience
Clinical Laboratory Service Providers, Research and Development Laboratory, Healthcare Industry, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.