How much is the refacto market worth, and how is it expected to expand?
The refacto 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 increased adoption of ERGs, demand for retail pharmacies, increased awareness and diagnosis of hemophilia, demand for self-administration, and increase in biosimilars.
The refacto 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 rising incidences of LSDs, rising cases of oral cancer, rising prevalence of hemophilia B, rising adoption of prophylactic treatments, and rising prevalence of chronic and complex diseases. Major trends in the forecast period include advancements in biotechnology and gene therapy, innovation in drug development, technological advancements in clotting factor products, advancements in gene therapy and gene editing, and technological advances in production and manufacturing.
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Which industry factors have accelerated the refacto market’s expansion?
Rising prevalence of hemophilia A is expected to propel growth of the refacto market going forward. Hemophilia A refers to a genetic bleeding disorder caused by a deficiency or dysfunction of clotting factor VIII, which leads to impaired blood clot formation and results in prolonged bleeding, even from minor injuries or spontaneously in severe cases. The rising incidence of hemophilia A is driven by improved diagnosis, increased awareness, better healthcare access, and advancements in genetic screening and treatment, leading to more cases being identified and managed worldwide. Refacto (moroctocog alfa) is used to treat hemophilia A by replacing the deficient clotting factor VIII, helping to prevent or control bleeding episodes and manage bleeding during surgeries. For instance, in October 2022, according to a report published by the World Federation of Hemophilia, a Canada-based non-profit organization, in 2022, 427,685 individuals worldwide were diagnosed with bleeding disorders. This included 257,146 cases of hemophilia (208,957 of hemophilia A, 42,203 of hemophilia B, and 5,986 with an unspecified type), 100,505 cases of von Willebrand disease, and 70,034 cases of other bleeding disorders. Therefore, the rising prevalence of hemophilia A is driving the growth of the refacto market.
What are the primary segments of the refacto market?
The refacto market covered in this report is segmented –
1) By Clinical Indication: Prophylaxis; On-Demand Treatment; Perioperative Management; Immune Tolerance Induction (ITI)
2) By Formulation: Powder For Injection; Pre-Filled Syringes
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Specialty Pharmacies
4) By End User: Pediatric; Adult; Geriatric
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Which firms are leading the refacto market?
Major companies operating in the refacto market are Pfizer Inc.
Which market trends are set to define the future of the refacto market?
Which geographic trends are shaping the refacto market, and which region has the highest market share?
North America was the largest region in the refacto market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refacto market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Refacto Market Report 2025 Offer?
The refacto market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Refacto is a recombinant factor VIII product used to treat hemophilia A, a genetic disorder where patients lack sufficient clotting factor, leading to prolonged bleeding. It helps replace the missing factor VIII to prevent or control bleeding episodes in affected individuals.
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