Bleeding Disorders Therapeutics Market by Type and Geography - Forecast and Analysis 2020-2024
Global Bleeding Disorders Therapeutics Market: About this market
Technavio’s bleeding disorders therapeutics market analysis considers sales from types of bleeding disorders therapeutics such as Hemophilia A, Hemophilia B, Von Willebrand disease, and other disorders. Our report also provides a detailed analysis of the market in Asia, Europe, North America, and ROW. In 2019, the Hemophilia A segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for therapeutics without human or animal proteins will play a significant role in the Hemophilia A segment to maintain its market position. Also, our global bleeding disorders therapeutics market report looks at factors such as rising initiatives to increase awareness, recent approvals, and regulatory incentives. However, high costs of treatment, difficulties associated with early treatment, and challenges related to diagnosis and management of bleeding disorders may hamper the growth of the bleeding disorders therapeutics industry over the forecast period.
Global Bleeding Disorders Therapeutics Market: Overview
Rising initiatives to increase awareness
The awareness campaigns aids in the early detection of bleeding disorders, aiding patients to start therapy in the initial stages of the disorder. Organizations such as the National Hemophilia Foundation, von Willebrand Education Network, and World Federation of Hemophilia support and are focused on raising both awareness and research funds for bleeding disorders. This increasing awareness will lead to the expansion of the global bleeding disorders therapeutics market at a CAGR of almost 7% during the forecast period.
The emergence of gene therapy
Gene therapy is one of the most advanced and extensively researched treatment methods to treat hemophilia and von Willebrand disease. This therapy delivers stable insertion and expression of a gene, whose absence is responsible for a particular bleeding disorder. Therefore, the emergence and approval of gene therapies are expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global bleeding disorders therapeutics market during the forecast period 2020-2024, click here.
With the presence of a few significant players, the global bleeding disorders therapeutics market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading bleeding disorders therapeutics manufacturers, that include Baxter International Inc., Bayer AG, CSL Ltd., F. Hoffmann-La Roche Ltd., Grifols SA, Novo Nordisk AS, Octapharma AG, Pfizer Inc., Sanofi, and Takeda Pharmaceutical Co. Ltd.
Also, the bleeding disorders therapeutics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook