Industry Background:
Hepcidin is a protein that is encoded by the HAMP gene in humans. In mammals, hepcidin is a central regulator of iron absorption into the bloodstream. Because of iron trapping within macrophages and liver cells, as well as reduced gut iron absorption, serum iron drops in conditions where hepcidin levels are abnormally high, such as inflammation. This usually results in anaemia due to a lack of serum iron required for the production of red blood cells. Iron overload occurs when the hepcidin level is abnormally low, as in hemochromatosis, due to increased ferroportin-mediated iron efflux from storage and increased gut iron absorption. Patients who are unable to consume oral iron or who have been diagnosed with increasing anaemia after taking sufficient doses of oral iron supplements are usually given iron therapy. Regulatory authorities are approving a large number of intravenous iron supplementation products, which will likely push the market in the future. The increasing number of product approvals for iron deficiency anaemia therapy are expected to be significant market contributors.This growth is primarily driven by Rising the Incidence of Anemia
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
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 Biotechnology 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 Allergen PLC (Ireland), AMAG Pharmaceuticals Inc. (United States), Keryx Biopharmaceuticals Inc. (United States), Luitpold Pharmaceuticals Inc. (United States), Pieris Pharmaceuticals Inc. (United States), Sanofi Aventis (France), Janssen Pharmaceuticals, Inc. (United States), Pfizer Inc. (United States), Rockwell Medical (United States) and F. Hoffmann-La Roche Ltd (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
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:
High Prevalence of Chronic Diseases and Increase in Technological Advancement in Healthcare Sector
Market Growth Drivers:
Rising the Incidence of Anemia, Unhealthy Lifestyle and Increase in Kidney Diseases
Challenges:
Stringent Regulatory Guidelines
Restraints:
High Cost of Treatment and Poor Absorption Of Drugs Especially Intravenous Iron and the Side Effects Associated with the Treatment
Opportunities:
Increase in Healthcare Expenditure and Increased Investment in R&D
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 Hepcidin 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 Hepcidin 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 Hepcidin 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, Hepcidin Study Sheds Light on
The Hepcidin Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Hepcidin industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hepcidin 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.