Industry Background:
Rare blood diseases include red blood cell disease, beta-thalassemia, follicular lymphoma, myeloma, antiphospholipid syndrome, thrombotic thrombocytopenic purpura, and others. Around fifteen million individuals across the world suffer from thalassemic disorders and nearly 1.5% of the planet's population is calculable to be a carrier of β-thalassemia. The other hemoglobinopathies also are on the increase because of the increasing immigration of carriers from underdeveloped nations to developed regions of the globe. Rare blood disorders are tough to diagnose and treat. Government organizations and pharmaceutical corporations handling hematological disorders are focusing on research and development within the medical specialty space to new, effective, and advanced treatment for diseases and their complications. The growing prevalence of assorted blood diseases like anemia, myeloma, leukemia, and sickle cell anemia has diode hematologists to focus on numerous detection processes. As demand for relatively conducting relatively short diagnosing method is turning into the necessity of the hour, hematologists are looking for better treatment processes through the correct diagnosing process. The growing need to find numerous blood conditions has further propelled hematologists to focus on enhancing their diagnostic skills. In order to develop productive treatment techniques, medical specialists are considerably specialized in early diagnosing of the various hematologist diseases. Sure to these factors, the expansion of the world hematologist disease treatment market can still gain momentum during the forecast period.This growth is primarily driven by Growing Incidences of Blood Disorders
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Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Forecast Period | 2023-2029 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Diseases & Therapeutic Areas sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Shire (United States), Biogen (United States), Novo Nordisk A/S (Denmark), Bayer AG (Germany), CSL Behring (United States), Pfizer Inc. (United States), PRA Health Sciences (United States), Celgene Corporation (United States), Alexion (United States) and Amgen Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Dec. , 2023 Biogen Inc. announced that the European Commission has revoked the centralized marketing authorizations for generic versions of Biogen’s product TECFIDERA® (dimethyl fumarate) held by Accord, Mylan, Neuraxpharm, Polpharma and Teva.
In Nov. , 2023 Agios Pharmaceuticals, Inc., a leader in the field of cellular metabolism pioneering therapies for rare diseases, today announced that a broad set of clinical and translational data from its programs will be presented at the 65th American Society of Hematology (ASH) Annual Meeting & Exposition, to be held Dec. 9-12, 2023, in San Diego. The presentations will focus on rare blood disorders, including PK deficiency, thalassemia, sickle cell disease and anemia associated with lower-risk myelodysplastic syndromes (LR-MDS).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.
Influencing Trend:
Increasing Precision Medicine Efforts in The Area of Hematology and Increasing Adoption of The Recombinant Factor
Market Growth Drivers:
Growing Incidences of Blood Disorders and The Rise in The Production of Recombinant Products
Challenges:
Limited Government Support for Conducting Extensive Research and Lack of Skilled Personnel
Restraints:
High Cost of Treatment Is Unaffordable
Opportunities:
Increasing Advancement in The Treatment Techniques
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Rare hematology disorders Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Rare hematology disorders Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Rare hematology disorders players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Rare hematology disorders Study Sheds Light on
The Rare hematology disorders Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Rare hematology disorders industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Rare hematology disorders industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.