Market Research Future (MRFR) stated that the global bleeding disorders treatment market is estimated to attain a CAGR of 10.0% during the forecast period.The rising number of people suffering from anemia, liver disease, and other blood clotting disorders, it is believed that the global market for bleeding disorders is set to flourish. Factors such as an increase in the number of patients with diagnosed bleeding disorders, significant investments due to major market giants, increased research and development activities, and awareness of bleeding disorders hemophilia. Government-led initiatives in developed economies to create a large network of diagnostic and treatment centers are other factors driving market growth. Much of the market is motivated by increased awareness of bleeding disorders and available treatments, a broad patient pool, and favorable remuneration policy.
Bleeding disorders result in susceptibility to bleeding due to faulty blood clotting, caused by defect in the blood coagulation. Bleeding disorders treatment includes the drugs used in the treatment and management of such bleeding disorders. The global Bleeding Disorders Treatment Market is continually growing owing to the prevalence of bleeding disorders such as hemophilia, platelet disorders, Von Willebrand disease and others.
The bleeding disorder treatment industry is largely bolstered by the expanding patient pool, mounting awareness about the available treatment options, and the supportive compensation policies. Expiry of patents belonging to major brands can also present opportunities to generic drug manufacturers to make their foray into the bleeding disorder therapeutics market. the demand for bleeding disorder treatment options is quite robust in western economies in Europe and North America, in view of the exorbitant rates of the branded drugs. The economic driving factors include the growing per capita income and healthcare expenditure as percent of GDP. The psychotropic drivers of the market include the increasing awareness of bleeding disorders. The market is also expected to rise due to growth in the diagnosis rate owing to development of healthcare infrastructure and government initiatives such ascompulsory screening which is complementing the market growth.
Bleeding Disorders Treatment Market Segmentation
·The global market for bleeding disorders is segmented by type, treatment, class of drugs, and end-users. The type segment, the global market for the treatment of bleeding disorders, is bifurcated into hemophilia B, hemophilia A, von Willebrand disease, and so on.
·By drug class, the global hemorrhagic disorders market is segmented recombinant coagulation factor concentrate, plasma-derived coagulation factor concentrates, and others. The recombinant coagulation factor concentrate segment is expected to dominate the market due to increased R&D investment in the production and development of recombinant products by the major players in the market.
·The global bleeding disorders treatment market is diversified into hormone replacement therapy, desmopressin (DDAVP), pipeline analysis, anti-fibrinolytic/clot stabilizing drugs, contraceptives, drugs applied to cuts.
·By end-user mode, the global market for bleeding disorders is segmented into clinics, hospitals, research institutions, specialist clinics, and others.
North America dominates the global bleeding disorders treatment market owing to high cost of treatment, excellent diagnosis rates and reimbursement and compulsory new born screening introduced under the healthcare programme. Government initiatives such as the US National Hemophilia Program (NHP) which is a collaborative effort by Maternal and Child Health Bureau (MCHB) under the auspices of the Health Resources and Services Administration (HRSA), the National Hemophilia Foundation (NHF), and the Centers for Disease Control and Prevention (CDC) is driving a faster market uptake.
The Asia Pacific bleeding disorders treatment market is expected to gain a massive traction owing to large patient pool and the concurrent large potential market. The expanding healthcare infrastructure and diagnostic labs coupled with the availability of affordable test kits and the burgeoning pharma sector is expected to drive a large market value over the study period.
The bleeding disorders treatment market in Europe is dominated by Germany, France, U.K. and the Nordic states. The provisions of tax cuts owing to the approval of rare diseases certificate to many genetic acquired bleeding disorders such as Haemophilia by National Organization for Rare Disorders is driving a large market. The incidence rate of haemophilia in Eu is around 5 per 10 000 people. Establishment of transnational medical bodies such as the European Association for Haemophilia and Allied Disorders (EAHAD), which cares for the provision of care and advancement of rights and welfare of patients suffering from bleeding disorders coupled with greater availability of finance is driving a large market.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),