The Business Research Company’s report on the Idelvion Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the idelvion market?
The rising incidence of hemophilia B is expected to boost the growth of the idelvion market going forward. Hemophilia B is a genetic bleeding disorder resulting from a deficiency in clotting factor IX, which causes excessive bleeding. The rising incidence of hemophilia B can be attributed to several factors, including improved diagnosis and awareness, better access to healthcare, advancements in genetic testing, and increased life expectancy, all of which contribute to more cases being detected and managed. Idelvion plays a crucial role in the hemophilia B market by providing a more convenient, effective, and sustainable treatment solution to meet the needs of the expanding patient population. For instance, in June 2022, according to the National Blood Authority (NBA), an Australia-based government agency, demand for factor IX products (products used to treat and prevent bleeding in individuals with hemophilia B) increased by 11.8 percent in 2021-22 compared to 2020-21. Therefore, the rising incidence of hemophilia B is driving the growth of the idelvion market.
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How has the idelvion market size evolved, and what are the latest forecasts for its expansion?
The idelvion market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to the rise in the adoption of extended half-life therapies, growth in advancements in gene therapy research, increasing government healthcare funding, increasing clinical trial data, and growth in public and private insurance coverage.
The idelvion market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to increasing healthcare investments, increasing demand for long-acting therapies, rising number of hemophilia treatment centers, rising government incentives, and rising demand for home care services. Major trends in the forecast period include technological advancements, gene therapy, personalized medicine, combination therapies, and digital health tools.
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Which major companies dominate the idelvion market?
Major companies operating in the idelvion market include CSL Behring
Which region dominates the idelvion market, and what factors contribute to its leadership?
North America was the largest region in the idelvion market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the idelvion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How is the idelvion market segmented, and which segment holds the largest share?
The idelvion market covered in this report is segmented –
1) By Indication: Hemophilia B, Prophylactic Treatment, On-Demand Treatment
2) By Patient Age Group: Pediatrics, Adults, Geriatrics
3) By Distribution Channel: Hospitals, Specialty Clinics, Home Healthcare Providers, Retail Pharmacies
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How is the idelvion market defined?
Idelvion (albutrepenonacog alfa) is a recombinant, extended half-life factor IX replacement therapy used for the treatment and prevention of bleeding episodes in individuals with hemophilia B. It is designed to provide long-lasting clotting factor activity, reducing the need for frequent infusions, offering greater convenience, and improving the quality of life for patients. Idelvion helps to control bleeding and prevent joint damage in those with hemophilia B, a genetic disorder characterized by a deficiency of clotting factor IX.
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