The Bleeding Disorders Treatment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Bleeding Disorders Treatment Global Market Report 2024, The bleeding disorders treatment market size has grown strongly in recent years. It will grow from $15.37 billion in 2023 to $16.84 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased patient awareness, access to healthcare, advancements in hemophilia therapies, global market expansion.
The bleeding disorders treatment market size is expected to see strong growth in the next few years. It will grow to $23.71 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to aging population, personalized medicine, patient advocacy and support, rise in disposable income, rise in healthcare expenditure. Major trends in the forecast period include personalized treatment plans, expansion of telehealth services, advanced clotting factor therapies, rna-based treatments, access to orphan drug designation.
The increase in the number of diagnosed hemophilia patients is expected to propel the growth of the bleeding disorders treatment market going forward. Hemophilia is an inherited bleeding disorder where the blood does not clot properly. The treatment of Hemophilia entails replacement therapy, in which the missing or insufficient blood clotting factors are replaced with human plasma concentrates or recombinant (created from DNA) forms of clotting factors VIII or IX. For instance, in2021, according to the World Federation of Hemophilia, a Canada-based international, non-profit organization, there were almost 234,000 people confirmed to have hemophilia worldwide. . Therefore, the increasing number of diagnosed hemophilia patients is driving the growth of the bleeding disorders treatment market.
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The bleeding disorders treatment market covered in this report is segmented –
1) By Treatment: Desmopressin (DDAVP), Hormone Replacement Therapy, Contraceptives, Anti-Fibrinolytic or Clot-Stabilizing Drugs, Fibrin Sealants, Drugs Applied To Cuts, Pipeline Analysis
2) By Disease Type: Hemophilia A, Hemophilia B, Von willebrand disease, Liver disease, Other Disease Types
3) By End User: Hospitals, Clinics, Speciality Clinics, Research Institutes, Other End Users
Technological advancements are the key trend gaining popularity in the bleeding disorder treatment market. Major companies operating in the bleeding disorder treatment sector is focused on developing innovative technologies to sustain their position in the market. For instance, in 2021, the University of Oslo, a Norway-based public research university, developed a new technology called super albumin that can lead to the development of long-acting medications and have significant implications for people with hemophilia. The University’s research team has created a novel biomedical technology that can be used to make coagulation factors that have a much longer half-life than those that are currently available. An in-depth analysis of a biological mechanism serves as the starting point. Using this knowledge, they were able to create super albumin, a protein variant that can be combined with protein-based medications to prolong their bloodstream half-life.
The bleeding disorders treatment market report table of contents includes:
1. Executive Summary
2. Bleeding Disorders Treatment Market Characteristics
3. Bleeding Disorders Treatment Market Trends And Strategies
4. Bleeding Disorders Treatment Market – Macro Economic Scenario
5. Global Bleeding Disorders Treatment Market Size and Growth
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31. Global Bleeding Disorders Treatment Market Competitive Benchmarking
32. Global Bleeding Disorders Treatment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Bleeding Disorders Treatment Market
34. Bleeding Disorders Treatment Market Future Outlook and Potential Analysis
35. Appendix
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