Hemophilia Drugs Market Scope
There are different types of hemophilia. Hemophilia A is a hereditary bleeding disorder that is caused when there is not enough blood clotting factor VIII. Hemophilia B is a hereditary bleeding disorder that is caused when there is not enough blood clotting factor IX. Treatments for hemophilia A and B include using medications that raise factors in the blood that help with clotting. A common drug class prescribed is the vasopressins drug class.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Hemophilia Drugs market throughout the predicted period.
Baxalta (United States), Bayer AG (Germany), Grifols SA (Spain), CSL Ltd. (Australia), Octapharma AG (Switzerland), Novo Nordisk (Denmark), Pfizer, Inc. (United States), F. Hoffmann-La Roche Ltd ( Switzerland), Bioverativ Inc. (United States) and Aptevo Therapeutics (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Hemophilia Drugs market by Type (Hemlibra, Benefix, Advate, Novoseven RT, Eloctate, Humate-P and Others), by Application (Recombinant Therapies and Plasma-Derived Therapies) and Region with country level break-up.
On the basis of geography, the market of Hemophilia Drugs 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).
Market Leaders and their expansionary development strategies
In July 2020, Spark Therapeutics announced updated data from three dose cohorts of the ongoing Phase 1/2 clinical trial of investigational SPK-8011 in hemophilia A., and In October 2018, Roche received FDA approval for Hemlibra, a self – administered therapy for patients having Hemophilia A without factor VIII inhibitors.
Market Trend
- Increased Research and Development Activities
Market Drivers
- Increased Prevalence of Hemophilia in Men
- Rising Advancement in Testing related Technologies
Opportunities
- Growing Healthcare Industry Worldwide
- Rising Awareness among People about Hemophilia Treatment
Restraints
- Side Effects of the Hemophilia Drugs
Challenges
- High Cost of Hemophilia Drugs
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Hemophilia Drugs Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry