#Aplastic Anemia Treatment Market Analysis
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The Aplastic Anemia Treatment Market is expected to reach US$ 10.55 billion by 2031 at a CAGR of 5.32%.
#Aplastic Anemia Treatment Market#Aplastic Anemia Treatment Market Analysis#Aplastic Anemia Treatment Market Overview
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Innovations and Developments Shaping the Future of the Paroxysmal Nocturnal Hemoglobinuria Market
Paroxysmal Nocturnal Hemoglobinuria (PNH) is a rare, life-threatening hematologic disorder characterized by the destruction of red blood cells, a process known as hemolysis. This condition is caused by a mutation in the PIGA gene, which leads to the absence of certain proteins on the surface of blood cells. As a result, these cells become vulnerable to attack by the body's own immune system. Paroxysmal Nocturnal Hemoglobinuria often presents with symptoms like dark-colored urine, fatigue, and an increased risk of blood clots, making early diagnosis and treatment crucial.
The market size for paroxysmal nocturnal hemoglobinuria was projected to be 0.36 billion USD in 2022 based on MRFR study.It is anticipated that the market for paroxysmal nocturnal hemoglobinuria would increase from 0.39 billion US dollars in 2023 to 0.7 billion US dollars in 2032. During the projected period (2024-2032), the Paroxysmal Nocturnal Hemoglobinuria Market is anticipated to increase at a CAGR of around 6.73%.
The size of the affected population is small due to the rarity of this disease. PNH primarily affects adults, with an estimated global prevalence of 1-10 cases per million people annually. However, the true size of the affected population might be underreported due to misdiagnosis or delayed diagnosis. Despite its rarity, the impact of Paroxysmal Nocturnal Hemoglobinuria on patients' quality of life and healthcare systems is significant, given its chronic nature and potential for severe complications, including aplastic anemia and acute kidney injury.
Paroxysmal Nocturnal Hemoglobinuria Share
The market share for Paroxysmal Nocturnal Hemoglobinuria therapies is concentrated among a few pharmaceutical companies, given the specialized nature of treatments and the limited patient population. Leading players such as Alexion Pharmaceuticals (now part of AstraZeneca) have dominated this market for years with their pioneering treatment, eculizumab (Soliris), and its successor, ravulizumab (Ultomiris). These therapies are C5 complement inhibitors that reduce hemolysis, providing symptomatic relief and improving patient outcomes.
The high cost of these treatments significantly contributes to the market size, with annual therapy costs often reaching hundreds of thousands of dollars per patient. The North American and European regions currently hold the largest market shares due to better access to advanced healthcare and the availability of high-cost therapies. However, increasing awareness and diagnostic capabilities in Asia-Pacific and Latin America suggest a potential rise in market share in these regions in the coming years.
Paroxysmal Nocturnal Hemoglobinuria Analysis
The analysis of the Paroxysmal Nocturnal Hemoglobinuria market reveals several critical factors influencing its dynamics. First, the rarity of the disease implies a relatively small but high-value market, driven by expensive therapies rather than a large patient volume. The increasing availability of advanced diagnostic tools, such as flow cytometry, has led to earlier and more accurate detection of PNH, contributing to the growth in market demand. Additionally, the introduction of next-generation therapies and biosimilars is expected to alter the competitive landscape by providing more options at potentially lower costs.
Emerging therapies targeting alternative pathways, such as Factor D inhibitors (e.g., iptacopan), offer a promising expansion of the treatment paradigm. These drugs are in various stages of clinical trials and may address unmet needs, especially in patients who do not respond adequately to current therapies. The analysis also points to the importance of ongoing research and development, as well as strategic collaborations among pharmaceutical companies, to drive market growth and innovation.
Paroxysmal Nocturnal Hemoglobinuria Trends
Several trends are shaping the future of the Paroxysmal Nocturnal Hemoglobinuria market.
Increased Focus on Gene Therapy: With advances in genetic research, there is growing interest in developing gene therapies that could potentially offer a cure for PNH by addressing the underlying genetic mutation. Although still in the experimental stage, this trend reflects a shift towards more curative approaches rather than just managing symptoms.
Rising Investment in Biosimilars: As patents for key PNH drugs like Soliris expire, there is a surge in the development of biosimilars. These alternatives promise to make treatment more affordable and accessible, especially in emerging markets.
Expansion of Clinical Trials: There is an increase in the number of clinical trials exploring novel treatment options for PNH. This trend is driven by the need for more effective, less burdensome therapies that can reduce the frequency of administration and side effects.
Personalized Medicine: Advances in genomics are paving the way for personalized treatment plans based on a patient's specific genetic profile. This trend aims to improve outcomes by tailoring therapies to the unique needs of each individual.
Patient Advocacy and Awareness Campaigns: Greater patient advocacy and awareness campaigns are helping to reduce the diagnostic delay associated with Paroxysmal Nocturnal Hemoglobinuria. This is particularly important because early detection can significantly improve treatment outcomes and quality of life for patients.
Reasons to Buy the Reports
Comprehensive Market Analysis: Gain insights into the Paroxysmal Nocturnal Hemoglobinuria market size, share, and future growth potential, including detailed analysis of emerging trends and therapeutic advancements.
Strategic Market Insights: Understand the competitive landscape, key players, and their market strategies to identify potential opportunities and threats in the PNH market.
Investment Opportunities: Evaluate potential investment opportunities in the rapidly evolving PNH therapy market, particularly in emerging regions with increasing diagnostic capabilities.
Clinical Development Insights: Access information on ongoing clinical trials, pipeline drugs, and innovative therapies that may significantly impact the future treatment landscape for PNH.
Patient Demographics and Epidemiology: Get detailed data on patient demographics, prevalence, and diagnosis rates, which are critical for planning market entry or expansion strategies.
Recent Developments
Recent developments in the Paroxysmal Nocturnal Hemoglobinuria market include several promising advancements:
Approval of New Therapies: In recent years, the FDA has approved new therapies like ravulizumab, offering extended dosing intervals and improved patient compliance compared to existing treatments.
Launch of Biosimilars: Several companies have announced the development of biosimilars for eculizumab, aiming to provide more cost-effective treatment options and expand access.
Advancements in Diagnostic Techniques: Improved diagnostic techniques, including flow cytometry and genetic testing, are helping clinicians detect PNH earlier and with greater accuracy.
Emergence of Complement Inhibitors: New complement inhibitors targeting different components of the complement cascade, such as Factor D and Factor B inhibitors, are showing promising results in clinical trials.
Partnerships and Collaborations: Pharmaceutical companies are increasingly forming strategic partnerships to accelerate drug development and expand their product offerings in the PNH market.
The outlook for Paroxysmal Nocturnal Hemoglobinuria remains promising, with ongoing innovations and an expanding market driven by improved diagnostic capabilities and novel treatment options.
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Aplastic Anemia Market : Technology Advancements, Industry Insights, Trends And Forecast 2033
The aplastic anemia global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Aplastic Anemia Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size -
The aplastic anemia market size has grown strongly in recent years. It will grow from $6.26 billion in 2023 to $6.63 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to an increase in the prevalence of blood disorders, the rise in awareness about aplastic anemia and blood disorders, the surge in the initiatives by public and private organizations, the rise in the demand for specific treatment and increase in the prevalence of bone marrow disease.
The aplastic anemia market size is expected to see strong growth in the next few years. It will grow to $8.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to higher prevalence among elderly populations, favorable regulatory policies supporting drug development, patient advocacy and support groups, comprehensive epidemiological studies, and increasing awareness and diagnosis. Major trends in the forecast period include the development of gene-editing technologies, telemedicine and remote monitoring, biomarker development, biologics and monoclonal antibodies, and patient-specific therapies.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers -
Growing healthcare expenditure is expected to propel the growth of the aplastic anemia market going forward. The rise in healthcare expenditure is primarily driven by factors such as aging populations and increasing chronic diseases requiring costly treatments. Healthcare expenditures support aplastic anemia treatment through funding for specialized medical facilities, advanced therapies, and research into effective treatments. For instance, in May 2023, according to the Office for National Statistics, a UK-based national statistical institute, the United Kingdom spent $356.39 billion (£280.7 billion) on healthcare in 2021, amounting to $5318 (£4,188) per person, which represented 12.4% of the country's GDP, a slight increase from the previous year. Government-financed healthcare spending reached $295.96 billion (£233.1 billion), growing by 9.6% in real terms and constituting 83.0% of total healthcare expenditure. Therefore, the growing healthcare expenditure is driving the growth of the aplastic anemia market.
Driving Growth In The Aplastic Anemia Market
The growing demand for personalized medicines is expected to propel the growth of the aplastic anemia market going forward. Personalized medicine refers to tailoring medical treatment to the individual characteristics of each patient, often based on genetic or molecular profiling. The rise in demand for personalized medicine is driven by advancements in genetic testing and molecular diagnostics. Personalized medicine in aplastic anemia involves tailored treatments based on genetic and molecular profiles to optimize outcomes for individual patients. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based non-profit organization, the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Therefore, the growing demand for personalized medicines is driving the growth of the aplastic anemia market.
Market Trends -
Major companies operating in the aplastic anemia market are adopting a strategic partnership approach to enhance research, expand treatment options, and improve patient outcomes. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in February 2022, Hemanext Inc., a US-based biomedical technology company, partnered with The Aplastic Anemia and MDS International Foundation (AAMDS), a US-based nonprofit health organization, to support patients living with aplastic anemia, myelodysplastic syndrome (MDS), paroxysmal nocturnal hemoglobinuria (PNH), and related bone marrow failure diseases. Through this partnership, Hemanext will work with AAMDS to advance its mission of providing answers, support, and hope to thousands of patients and their families living with bone marrow failure diseases.
The aplastic anemia market covered in this report is segmented –
1) By Disease Type: Acquired Aplastic Anemia, Inherited Bone Marrow Failure Syndromes
2) By Treatment Type: Bone Marrow Transfusion Or Stem Cell Therapy, Blood Transfusion, Drug Therapy
3) By Route Of Administration: Oral, Parentals, Other Routes Of Administration
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
5) By End User: Hospitals, Homecare, Specialty Clinics, Other End-Users
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Regional Insights -
North America was the largest region in the aplastic anemia market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aplastic anemia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the aplastic anemia market are Pfizer Inc., Johnson & Johnson Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Sanofi SA, Bristol-Myers Squibb Company, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Amgen Inc., Teva Pharmaceutical Industries Ltd., Otsuka Pharmaceuticals Co. Ltd., UCB SA, Eisai Co. Ltd., Kyowa Kirin Co. Ltd., Dr. Reddy's Laboratories Ltd., Cipla Limited, Cadila Healthcare Limited, Cellenkos Inc., Amyndas Pharmaceuticals S.A., Hemogenyx Pharmaceuticals plc, Gamida Cell Ltd.
Table of Contents
1. Executive Summary
2. Aplastic Anemia Market Report Structure
3. Aplastic Anemia Market Trends And Strategies
4. Aplastic Anemia Market – Macro Economic Scenario
5. Aplastic Anemia Market Size And Growth
…..
27. Aplastic Anemia Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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India Bone Marrow Transplantation Market size at USD 0.783 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Bone Marrow Transplantation Market size to expand at a CAGR of 7.39% reaching a value of USD 1.29 billion by 2030. The Bone Marrow Transplantation Market in India is propelled by an increasing prevalence of cancer therapies. Notably, the rising acceptance of bone marrow transplantation and the surge in cases of anemia are crucial factors propelling market growth. The rapid progression of technology in these procedures emerges as a prominent trend in the bone marrow transplantation market, positively influencing its overall industry share. Also, the utilization of bone marrow transplant procedures is recommended to address advanced stages of various conditions such as leukemia, Hodgkin and non-Hodgkin lymphomas, multiple myeloma, aplastic and sickle cell anemia, thalassemia, and similar diseases. The expansion of the market in India is primarily attributed to heightened awareness and a surge in healthcare practitioner-led initiatives. Consequently, these factors are expected to bolster the growth of the India Bone Marrow Transplantation Market during the period in analysis.
Opportunities - Expansion of Bone Marrow Transplantation Centers and Infrastructure
The rapid expansion of bone marrow transplantation centers and the enhancement of infrastructure have significantly propelled the growth of the India Bone Marrow Transplantation Market. This strategic development has not only increased the accessibility of transplantation services but also improved the overall efficiency of procedures. The surge in investment and focus on establishing state-of-the-art facilities reflects a commitment to advancing healthcare in India. As a result, the bone marrow transplantation market is witnessing a notable upswing, with more patients benefiting from advanced treatments and a broader range of transplantation options. This expansion underscores the nation's dedication to providing comprehensive and cutting-edge healthcare solutions, particularly in the critical field of bone marrow transplantation. For instance, The Indian Council of Medical Research (ICMR) aims to establish advanced research centers for bone marrow transplants (BMT) in government hospitals nationwide. Recognizing the financial barriers faced by economically disadvantaged patients in accessing BMT services in private facilities, ICMR seeks to promote inclusivity. The initiative involves supporting medical institutions in creating cutting-edge BMT infrastructure, making these critical procedures safe and affordable. Dr. Lokesh Sharma, an ICMR scientist, emphasizes the urgency of enhancing accessibility and affordability, stressing the importance of an integrated approach. This strategic move aligns with the National Guidelines for Hematopoietic Cell Transplantation, 2021, reflecting ICMR's commitment to broadening access to quality healthcare across India.
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Biotech Growth Stocks Set to Benefit from Rising Volatility (REGN, OTLC, AMGN, ILMN, LLY, GILD, MRK)
With the spotlight firmly on Covid variants, it’s easy to lose sight of what will probably be the most important segment of the biopharma space over the next ten years: oncology. This is where the biggest success stories will be found. It’s where the largest revolutions will happen. It’s the epicenter of the most important advances we will make in healthcare over coming years. However, because so much attention is currently being paid to Covid plays, interesting developments in the oncology space are happening with relatively little fanfare, presenting some interesting opportunities for investors. At the same time, the pick-up in volatility across the market stands to drive capital away from cyclical names and companies highly correlated with the major indices, including big-cap tech names. Cancer drugs represent a long-term growth theme with no cyclical correlation, no ties to supply chain issues, no risk associated with Covid variants, and a ton of potential value in play that has been out of favor over recent months. With that in mind, we take a look below at some of the most interesting stories among oncology biopharma stocks. Regeneron Pharmaceuticals Inc. (Nasdaq:REGN) is a biotechnology company, which engages in the discovery, invention, development, manufacture, and commercialization of medicines. The company’s product portfolio includes the following brands: EYLEA, Dupixent, Praluent, Kevzara, Libtayo, ARCALYST, and ZALTRAP. The firm accelerates the traditional drug development process through its proprietary VelociSuite technologies such as VelocImmune, which uses unique genetically humanized mice to produce optimized fully-human antibodies and bispecific antibodies. Regeneron Pharmaceuticals Inc. (Nasdaq:REGN) recently announced that new and updated data from its diverse hematology program in blood cancers and disorders will be presented at the 2021 American Society of Hematology (ASH) Annual Meeting from December 11-14 in Atlanta, GA. "Our hematology portfolio continues to expand with multiple trials now underway to investigate our bispecific antibodies, RNA-based therapies and gene editing, among other approaches," said L. Andres Sirulnik, M.D., Ph.D., Senior Vice President, Translational and Clinical Sciences, Hematology at Regeneron. "Our diverse pipeline includes investigational medicines across several blood cancers including multiple myeloma and lymphoma, in addition to blood disorders such as paroxysmal nocturnal hemoglobinuria, aplastic anemia, amyloidosis and thrombosis. We continue to make progress across our hematology portfolio with eight assets currently in the clinic." Even with that news, the action hasn't really heated up in the stock, with shares moving net sideways over the past week. REGN shares have been relatively flat over the past month of action, with very little net movement during that period. Regeneron Pharmaceuticals Inc. (Nasdaq:REGN) pulled in $3.5B during the company's most recently reported quarterly financial data, powering dramatic growth topping 50%. In addition, the company has a strong balance sheet, with cash levels exceeding current liabilities ($5.8B against $3.7B). Oncotelic Therapeutics Inc (OTC US:OTLC) is a small-cap player that looks like it’s starting to really break onto the scene in both the oncology and virology markets. The company has developed a first-in-class anti-TGF-β RNA therapeutic, OT-101, that has exhibited single agent activity in relapsed/refractory cancer patients. OT-101 also has shown activity against SARS-CoV-2 and has completed a phase 2 trial against COVID-19, with data analysis in progress. As a Covid asset, it should function agnostic of variants, which is obviously becoming an increasingly important factor. However, as an oncology treatment, OT-101 is advancing along several paths right now. And the latest one pits it alongside KEYTRUDA, which is one of the most important cancer drugs to emerge over the past two decades. Oncotelic Therapeutics Inc (OTC US:OTLC) announced this week that it has submitted clinical study protocol information to the US FDA for the initiation of a Phase 2 Trial (designated “M201”) for OT-101 in combination with Keytruda, a leading anti-PD-1 drug, as a treatment for patients with Malignant Pleural Mesothelioma (MPM). This is part of a larger OT-101 oncology program designed to assess the impact of the treatment across multiple cancer indications where local tumoral secretion of TGF-β suppressed the clinical activity of checkpoint inhibitors, CAR-T, and vaccine. The OT-101-ONC program has been moving forward steadily through strategic alliance with top pharmaceutical companies. Of note is the biomarker program spanning mesothelioma, glioblastoma, lung and colorectal cancers, where AI driven transcriptome analyses will be used to derive the predictive biomarker for TGF-β therapeutics such as OT-101. “This is the first of a series of planned clinical trials in patients with various solid tumors evaluating clinical benefit while also assessing a host of parameters associated with changes in the tumor microenvironment, including but not limited to T-cell infiltration, expression of various cytokines, and phenotypic and functionality changes pre-therapy versus post-therapy.” noted Dr. Anthony Maida, Chief Clinical Office – Translational Medicine. Oncotelic Therapeutics Inc (OTC US:OTLC) CEO Dr. Vuong Trieu stated, "The groundwork laid down by OT-101/IL-2 and OT-101/PD-1 will serve as the foundation for future strategic alliances for OT-101/CAR-T and OT-101/Vaccines. CAR T-cell therapy, in which a patient’s immune T cells are modified so they will bind to cancer cells and kill them, has been shown to benefitted greatly from TGF-β inhibition in early clinical testing.” Amgen Inc. (Nasdaq:AMGN) engages in the discovery, development, manufacture and marketing of human therapeutics. The company’s products include the following brands: Aranesp, Aimovig, KANJINTI, EVENITY, AMGEVITA, AVSOLA, BLINCYTO, MVASI, Corlanor, Enbrel, EPOGEN, IMLYGIC, Kyprolis, Neulasta, NEUPOGEN, Nplate, Parsabiv, Prolia, Repatha, Sensipar, Vectibix, Otezla, RIABNI, and XGEVA. Amgen Inc. (Nasdaq:AMGN) recently announced the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion recommending conditional marketing authorization of LUMYKRAS® (sotorasib), known as LUMAKRAS® in the U.S., for the treatment of adults with advanced non-small-cell lung cancer (NSCLC) with KRAS G12C mutation and who have progressed after at least one prior line of systemic therapy. If the European Commission follows the recommendation for approval, LUMYKRAS will be the first targeted therapy available in the European Union (EU) for the KRAS G12C mutation, one of the most prevalent biomarkers in NSCLC. "After 40 years of cancer research to target the KRAS mutation, many in the scientific community believed that KRAS was 'undruggable' leaving patients with this mutation with limited treatment options," said David M. Reese, M.D., executive vice president of Research and Development at Amgen. "The LUMYKRAS development program was designed to bring this targeted therapy to patients with KRAS G12C-mutated non-small cell lung cancer as quickly as possible. The EMA CHMP positive opinion brings patients in the EU closer to this transformative therapy and highlights our commitment to improving patient outcomes in difficult-to-treat cancers." Even in light of this news, AMGN hasn't really done much of anything over the past week, with shares logging no net movement over that period. Over the past month, shares of the stock have suffered from clear selling pressure, dropping by roughly -5%. Amgen Inc. (Nasdaq:AMGN) managed to rope in revenues totaling $6.7B in overall sales during the company's most recently reported quarterly financial data -- a figure that represents a rate of top line growth of 5.2%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($12.9B against $14.8B, respectively). Other key stocks in the oncology biopharma space include Illumina Inc. (Nasdaq:ILMN), Eli Lilly & Co. (NYSE:LLY), Gilead Sciences Inc. (Nasdaq:GILD), and Merck & Co. Inc. (NYSE:MRK). Read the full article
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Anophthalmia And Microphthalmia Market Dynamics, Key Players, Outlook and Segmentation | Forecast to 2027
Anophthalmia And Microphthalmia Market Information: By Diagnosis (CT Scan, MR Scan, Chromosome Analysis, Ultrasonography), By Treatment (Surgical), End User (Hospitals & Clinics, Research Centers) - Global Forecast Till 2027
Market Highlights
Anophthalmia and microphthalmia may occur during development of the eye at various stages of growth of the optic vesicle. The prevalence of this disease is considered rare. It is important to recognize microphthalmia because the development of the orbital region, as well as the lids and the fornices.
Increasing prevalence of rare diseases, rising demand for better treatment, increasing investment in biotechnology and pharmaceutical industries for R&D, and availability of funds drive the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapidly developing technology is expected to fuel the market growth during the forecast period. However, high cost of the treatment may slow the market growth during the period 2017-2023.
The global anophthalmia and microphthalmia market is expected to grow at a CAGR of ~5.8 % during the forecast period 2017-2023.
Regional Analysis
The Americas dominate the global anophthalmia and microphthalmia market owing to the presence of huge patient population with eye related problems, neurological disabilities, high healthcare spending, and increasing government support for research & development.
Europe holds the second largest share of the global anophthalmia and microphthalmia market as result of increasing focus of various government agencies on the treatment of rare diseases such as acquired aplastic anemia. Moreover, the growing public awareness about anophthalmia and microphthalmia likely to boost the Europe market. According to reports from European Association for Vision and Eye Research, cases of anophthalmia and microphthalmia were identified, with a rate of 3.21 per 10,000 live births. Of which the eye defects were isolated in 5 cases (5.2%), and 24 cases (25.0%) had confirmed chromosomal abnormalities.
Asia Pacific is the fastest growing anophthalmia and microphthalmia market across the globe. Japan holds the major share of the regional market due to availability of advanced technology and huge healthcare spending. Moreover, rapidly developing economy, increasing healthcare expenditure, and the government’s initiatives for research & development projected to drive the market in China and India over the forecasted period.
The Middle East and Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.
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Segmentation
The global anophthalmia and microphthalmia market is segmented on the basis by diagnosis, by treatment, and by end user. On the basis of diagnosis, it is segmented into CT scan, MR scan, chromosome analysis, ultrasonography, and others. On the basis of treatment, it is segmented into surgery, and others. On the basis of end user, it is segmented into hospitals & clinics, research centers, and others.
Key Players
Some of key the players in the market are Bristol-Myers Squibb Company, NUSAPURE, ALLERGAN, Aerie Pharmaceuticals, Inc., Pfizer Inc., Valeant Pharmaceuticals International, Inc., Bayer AG, Genentech, Inc., Novartis AG , Regeneron Pharmaceuticals, Inc., Shire, and Santen Pharmaceutical Co., Ltd., and others.
Table Of Content
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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Aplastic Anemia Treatment Market Prospects and Growth Assessment
Aplastic Anemia Treatment Market: Introduction
· Condition in which the body stops producing new blood cells is known as aplastic anemia. Acquired aplastic anemia and inherited bone marrow failure syndromes are the two types of aplastic anemia. Inherited aplastic anemia is common in young adults and children, whereas acquired aplastic anemia is common in adults.
· Aplastic anemia results in bone marrow damage. The damage may occur after exposure to some drugs or infections, chemotherapy, radiation therapy, or toxic chemical.
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Key Drivers of Global Aplastic Anemia Treatment Market
· Increase in prevalence of blood disorder is anticipated to drive the global aplastic anemia treatment market. For instance, according to the Centers for Disease Control and Prevention, in the U.S., hemophilia A affects 1 in 5,000 male newborns and about 400 babies are born with hemophilia A each year; an estimated incidence of hemophilia is 1 per 12,000 annually.
· According to Leukemia Foundation, the incidence of aplastic anemia is 0.7 – 4.1 cases per million people across the world
· Increase in awareness about aplastic anemia and blood disorders is likely to fuel the growth of the global market. For instance, The Aplastic Anemia and MDS International Foundation, NORD - National Organization for Rare Disorders, Inc., and CancerIndex, among others, are spreading awareness about aplastic anemia. In February 2019, The Aplastic Anemia Trust spring awareness Campaign was launched.
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· Developing market, such as Asia Pacific, Middle East & Arica, and Latin America present significant opportunities for aplastic anemia market players. Rise in prevalence and incidence rate of aplastic anemia exhibits growth potential. For instance, according to an article published in the Association of Physicians of India, in a study conducted during 2007 – 2014, 214 average number of new aplastic anemia patients enrolled in India.
High Cost of Treatment to Hamper Market Growth
· Cost of treatment is a major factor influencing the selection of the treatment. The cost of bone marrow transplant is more than US$ 300,000. Thus, high cost of the treatment is likely hamper the growth of the aplastic anemia treatment market.
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North America to Hold a Major Share of Global Aplastic Anemia Treatment Market
· North America is expected to hold a major share of the global aplastic anemia treatment market due to high prevalence rate of blood disorder. For instance, according to The Leukemia & Lymphoma Society, in 2019, an estimated 61,780 people with leukemia and 176,200 with general blood cancer were expected to be diagnosed in the United States. According to Canadian Cancer Society, in Canada, approximately 21,000 Canadians were diagnosed with blood cancer in 2019.
· The aplastic anemia treatment market in Asia Pacific is projected to expand at a rapid pace during the forecast period, owing to the rise in prevalence rate of aplastic anemia and bone marrow disorder
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Key Players Operating in Global Market
The global aplastic anemia treatment market is highly concentrated due to the presence of key players. A large number of manufacturers hold a major share in their respective region. Major companies in the market are engaged in developing new products and obtaining approvals. For instance, in November 2018, Novartis AG received the approval from the Food and Drug Administration for Promacta as the first line treatment for aplastic anemia. In September 2016, Regen BioPharma Inc. submitted an additional data application for orphan drug, HemaXellerate. In September 2015, Novartis AG received an approval from the European Commission for Revolade for the treatment of aplastic anemia in adult patients.
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ANTICONVULSANTS MARKET ANALYSIS (2018-2026)
Anticonvulsants are pharmaceutical agents used for the treatment of epileptic seizures. These are commonly known as anti-epileptic drugs or anti-seizure drugs. Epilepsy is a chronic central nervous system (neurological) disorder, wherein brain activity becomes abnormal, causing seizures or periods of unusual behavior, sensations, and sometimes loss of awareness. Anticonvulsant drugs are also used for the treatment of bipolar disorder, borderline personality disorder, fibromyalgia, and neuropathic pain. Epilepsy can affect any individual at any age. According to Epilepsy Society of U.K. 2019 data, over 20 drugs are available for the treatment of epilepsy such as barbiturates, carboxamides, carbamates, and GABA analogs and around 25 generics are present in the market.
Global Anticonvulsants Market: Drivers
The anticonvulsants market size is expected to increase over the forecast period, owing to rising prevalence of epilepsy globally. According to the World Health Organization (WHO) January 2019 report, around 50 million people are affected by epilepsy worldwide. Moreover, it is estimated that around 2.4 million new cases of epilepsy are diagnosed every year, globally.
Increasing approval of anticonvulsant drugs from the U.S. Food and Drug Administration (FDA) are highly contributing to increase in the anticonvulsants market revenue. There are around 24 anticonvulsants drugs approved by the FDA. In 2018, FDA approved the first drug containing an active ingredient derived from marijuana to treat rare, severe forms of epilepsy such as Lennox-Gastaut syndrome and Dravet syndrome.
Global Anticonvulsants Market: Restraints
The side effects such as sores, blisters or ulcers in mouth, excessive bleeding in wounds, stomach pain and tenderness, fever, and unusual infections, of anticonvulsants drugs is a major restraining factor for anticonvulsants market growth. According to the Epilepsy Foundation report of 2013, there are some unpredictable side effects known as idiosyncratic side effects that can be fatal, which includes serious drop in the number of white blood cells and platelets in the body, Aplastic anemia, and liver failure.
Global Anticonvulsants Market: Regional Analysis
North America is expected to hold dominant position in the anticonvulsants market during the forecast period, owing to increasing demand for treatment of epilepsy. For instance, according to the WHO 2019 report, in up to 70% of people living with epilepsy globally, seizure is controlled with appropriate diagnosis and use of anti-epileptic medicines. Low-cost treatment is available, with daily medication that costs US$ 5 per year.
Asia Pacific anticonvulsants market revenue is expected to witness significant growth over the forecast period, owing to increasing prevalence of epilepsy in economies such as India, China, and Japan. According to the National Center for Biotechnology Information 2015 report, India has huge patient base of 12 million people affected by epilepsy.
Global Anticonvulsants Market: Competitive Landscape
Key players operating in the global anticonvulsants market include Abbott Laboratories, Teva Pharmaceutical Industries Ltd., Johnson & Johnson, Novartis AG, Pfizer Inc., Valeant Pharmaceuticals International, Inc., Sanofi S.A., UCB Group, Shire Plc., GlaxoSmithKline Plc., Cephalon Inc., and Astrazeneca Plc.
Global Anticonvulsants Market: Taxonomy
The global anticonvulsants market is segmented on the basis of drug class, application, route of administration, distribution channel, and region.
By Drug Class
Barbiturates
Benzodiazepines
Hydantoins
Succinimides
Others
By Application
Epilepsy
Migraine
Fibromyalgia
Neuropathic pain
Anxiety
Bipolar disorder
By Route of Administration
Enteral
Parenteral
Topical
By Distribution Channel
Retail Pharmacy
Hospital Pharmacy
Online Pharmacy
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
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Stem Cell Banking Market Development Industry 2019 Featuring
Stem cells are building blocks of the immune system and blood, and they have the ability to develop into other cell types, in order to help in repairing tissues, organs, blood vessels, and are used in treatment of various disease. The ability of stem cells to regenerate has led to development of various treatments with it, to cure various genetic and auto-immune diseases and disorders.
Stem cells have the potential to transform to any tissue or organ in the body. Stem cells can be found in bone marrow, fetal tissues, baby teeth, fat, human embryos, hair follicles, muscle, and circulating blood, however, cord blood is an effective source of stem cells.
Stem cells from cord blood are preferred due to various advantages such as efficacy in transplant due to less chances of immune rejection during the transfusion. Numerous applications of stem cells such as treatment in various diseases such as cancer, have led to demand for stem cell banking. These stem cells are collected from humans and preserved for the future use.
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Increasing incidences of chronic disease and the effectiveness of stem cell therapy in the treatment of such diseases is a major driving factor for growth of stem cell banking market. According to the survey by Seattle Children’s Hospital and Research Center, 2013, the survival rate of patient with cancer after stem cell transplant for period of one year was 84% globally. Growing public awareness for stem cell storage is also contributing to stem cell banking market growth.
Additionally, new clinical trial data that supports applications for hematopoietic stem cells from mesenchymal stem cells and cord blood is expected to help in growth of stem cell banking market. Moreover, various organizations are supporting stem cell banking, which is expected to aid in growth of the market. For instance, in 2012, Harvard University and University of Cambridge announced plans to set up a new stem cells research center,decade of storage and this is a major factor driving growth of the market.
Asia Pacific is expected to exhibit significant growth in the global stem cells banking market over the forecast period. This is owing to rising birth rates coupled with increasing prevalence of birth defects, and options of paying for stem banking in monthly instalments, making it accessible to a number of people. For instance, according to the survey by Save the Children India, 2012, India has a booming birth rate of 26 million per year and this is aiding in growth of the market. According to Multicenter Study, 2013, about 10,000 to 15,000 infants are diagnosed suffering from thalassemia and sickle cell anemia in India, indicating high demand for stem cells banking.
However, high cost of stem cell banking is a major hindrance for growth of the market. Stem cell preservation services are expensive and everyone cannot afford it. For instance, according to Meredith Corporation, a private bank generally charges US$ 1,000 to US$ 2,000 to collect cord blood at the time of delivery, with annual storage fees of US$ 100 to US$ 300 each year.
Supportive stem cell research initiatives for personalized medicine to accelerate the market growth
Stem cell banking offers the advantage that it can be readily used, whenever the need for arises, and does not need to be closely matched as bone marrow. According to the Health Research Funding Organization, 2015, children, who received matched cord blood had a 20% higher survival rate than those children who received matched bone marrow. Government organizations are offering support to conduct research and clinical trials for cord blood stem cell.
Therefore, healthcare companies are increasing focusing on investing in research and commercialization of cord blood stem cell therapies thus, augmenting growth of stem cell banking market in the near future. For instance, the International Stem Cell Forum (ISCF) was launched to encourage international collaboration and provide funding for stem cell research. The aim of ISCF was to promote global good practice and accelerate progress in the area of stem cell research.
Major players operating in the global stem cell banking market are Allergan, Plc., Galderma S.A., Integra LifeSciences Corporation, Merz Pharma GmbH & Co. KGaA., Sanofi S.A., SciVision Biotech Inc., Sinclair Pharma Plc., Suneva Medical, Valeant Pharmaceuticals International, Inc., and Anika Therapeutics, Inc. funded by Medical Trust UK and UK Medical Research Council, to conduct research on stem cells and their potential to treat a range of life-threatening conditions. However, low availability of cord blood units, globally and high cost for maintenance are hindering growth of the stem cell banking market.
High therapeutic potential of stem cells for treating genetic diseases is expected to aid in growth of the market
High potential of cord blood and tissues for the treatment of patients with autoimmune diseases is expected to propel the market growth. Moreover, currently available immunosuppressive agents such as steroids, induce long term side effects despite temporary improvements. According to the Health Research Funding, 2015, around 28% of cord blood transplants have been used to treat genetic diseases, with the most common genetic disease treated being severe combined immune deficiency, followed by aplastic anemia.
Stem cells can be stored indefinitely and can easily retain viability even after a decade of storage and this is a major factor driving growth of the market. A study of cord blood stem cells conducted at Indiana University in 2016 demonstrated its viability after 23.5 years of cryogenic storage. Moreover, increasing awareness about stem cell preservation and significance in treating life-threatening diseases has led to increasing demand for of stem cell collection and preservation techniques, thus bolstering the market growth.
Asia Pacific is expected to exhibit significant growth in the global stem cells banking market over the forecast period. This is owing to rising birth rates coupled with increasing prevalence of birth defects, and options of paying for stem banking in monthly instalments, making it accessible to a number of people.
For instance, according to the survey by Save the Children India, 2012, India has a booming birth rate of 26 million per year and this is aiding in growth of the market. According to Multicenter Study, 2013, about 10,000 to 15,000 infants are diagnosed suffering from thalassemia and sickle cell anemia in India, indicating high demand for stem cells banking.
Supportive stem cell research initiatives for personalized medicine to accelerate the market growth.
Stem cell banking offers the advantage that it can be readily used, whenever the need for arises, and does not need to be closely matched as bone marrow. According to the Health Research Funding Organization, 2015, children, who received matched cord blood had a 20% higher survival rate than those children who received matched bone marrow.
Government organizations are offering support to conduct research and clinical trials for cord blood stem cell. Therefore, healthcare companies are increasing focusing on investing in research and commercialization of cord blood stem cell therapies thus, augmenting growth of stem cell banking market in the near future.
For instance, the International Stem Cell Forum (ISCF) was launched to encourage international collaboration and provide funding for stem cell research. The aim of ISCF was to promote global good practice and accelerate progress in the area of stem cell research. Moreover, the UK Stem Cell Bank (UKSCB) provides an international resource for stem cell research by supplying human stem cell lines for the purpose of research and development of stem cell lines for clinical purpose. It also has an active program for research in collaboration with academic institutions.
Major players operating in the global stem cell banking market are Allergan, Plc., Galderma S.A., Integra LifeSciences Corporation, Merz Pharma GmbH & Co. KGaA., Sanofi S.A., SciVision Biotech Inc., Sinclair Pharma Plc., Suneva Medical, Valeant Pharmaceuticals International, Inc., and Anika Therapeutics, Inc.
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Anticonvulsants Market Register a Huge Growth In Healthcare Industry by 2026
Anticonvulsants are pharmaceutical agents used for the treatment of epileptic seizures. These are commonly known as anti-epileptic drugs or anti-seizure drugs. Epilepsy is a chronic central nervous system (neurological) disorder, wherein brain activity becomes abnormal, causing seizures or periods of unusual behavior, sensations, and sometimes loss of awareness. Anticonvulsant drugs are also used for the treatment of bipolar disorder, borderline personality disorder, fibromyalgia, and neuropathic pain. Epilepsy can affect any individual at any age. According to Epilepsy Society of U.K. 2019 data, over 20 drugs are available for the treatment of epilepsy such as barbiturates, carboxamides, carbamates, and GABA analogs and around 25 generics are present in the Anticonvulsants Market.
Global Anticonvulsants Market: Drivers
The anticonvulsants market size is expected to increase over the forecast period, owing to rising prevalence of epilepsy globally. According to the World Health Organization (WHO) January 2019 report, around 50 million people are affected by epilepsy worldwide. Moreover, it is estimated that around 2.4 million new cases of epilepsy are diagnosed every year, globally.
Increasing approval of anticonvulsant drugs from the U.S. Food and Drug Administration (FDA) are highly contributing to increase in the anticonvulsants market revenue. There are around 24 anticonvulsants drugs approved by the FDA. In 2018, FDA approved the first drug containing an active ingredient derived from marijuana to treat rare, severe forms of epilepsy such as Lennox-Gastaut syndrome and Dravet syndrome.
Global Anticonvulsants Market: Restraints
The side effects such as sores, blisters or ulcers in mouth, excessive bleeding in wounds, stomach pain and tenderness, fever, and unusual infections, of anticonvulsants drugs is a major restraining factor for anticonvulsants market growth. According to the Epilepsy Foundation report of 2013, there are some unpredictable side effects known as idiosyncratic side effects that can be fatal, which includes serious drop in the number of white blood cells and platelets in the body, Aplastic anemia, and liver failure.
Global Anticonvulsants Market: Competitive Landscape
Key players operating in the global anticonvulsants market include Abbott Laboratories, Teva Pharmaceutical Industries Ltd., Johnson & Johnson, Novartis AG, Pfizer Inc., Valeant Pharmaceuticals International, Inc., Sanofi S.A., UCB Group, Shire Plc., GlaxoSmithKline Plc., Cephalon Inc., and Astrazeneca Plc.
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Global Anticonvulsants Market: Regional Analysis
North America is expected to hold dominant position in the anticonvulsants market during the forecast period, owing to increasing demand for treatment of epilepsy. For instance, according to the WHO 2019 report, in up to 70% of people living with epilepsy globally, seizure is controlled with appropriate diagnosis and use of anti-epileptic medicines. Low-cost treatment is available, with daily medication that costs US$ 5 per year.
Asia Pacific anticonvulsants market revenue is expected to witness significant growth over the forecast period, owing to increasing prevalence of epilepsy in economies such as India, China, and Japan. According to the National Center for Biotechnology Information 2015 report, India has huge patient base of 12 million people affected by epilepsy.
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#Anticonvulsants Market#Anticonvulsants Market Size#Anticonvulsants Market Share#Anticonvulsants Market Outlook#Anticonvulsants
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Global Aplastic Anemia Treatment Industry ASP Level of Major Regions 2019-2025
Global Aplastic Anemia Treatment Industry ASP Level of Major Regions 2019-2025
MarketResearchNest.com presents “Global Aplastic Anemia Treatment Market Research Report 2019” new Research to its studies database.
Aplastic anaemiais a rare disease in which the bone marrow and the hematopoietic stem cells that reside there are damaged.In 2018, the global Aplastic Anemia Treatment market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of…
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Medical Blood Transfusion Market By Product Types, By Applications, By End-Users And Regions – Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2020 – 2026
The global medical blood transfusion market is projected to expand at a considerable CAGR during the forecast period, 2020 – 2026. The growth of the market is attributed to the increasing incidences of blood related disorders, rising demand for screened blood product, rising number of road accidents leading to sever blood loss and less time requirement for test completion.
Blood transfusion is a medical process which involves receiving of blood and blood components into circulation intravenously. The process of blood transfusion is performed by placing a venous access device and catheter into either a central or peripheral vein or passing the blood and blood components through apheresis systems or infusion pump. Initially this procedure was only used for shifting the whole blood. This technique enables the transfusion of compulsory components of blood like white blood cells, red blood cells, plasma, and platelets. The blood transfusion procedure has wide applications in the treatment of various medical conditions such as blood cancers and replacing lost blood during surgical procedures, hemodialysis, cancer treatment, and loss of blood during accidents. Blood transfusion can cause immunologic feedbacks which includes febrile non-hemolytic reaction, allergic reactions, anaphylactic reactions, post-transfusion purpura, delayed hemolytic reaction, and acute hemolytic reaction.
Market Trends, Drivers, Restraints, and Opportunities:
Increasing prevalence of chronic diseases such as sickle cell anemia, leukemia, and aplastic anemia and minimum time required for test completion are key drivers boosting the market.
High incidences of blood-related disorders, increasing number of cases associated with chronic kidney disorders, and growing prevalence of contagious diseases are accelerating the market growth.
Rising demand for screened blood products and enhancing demonstration or consciousness programs are fueling the market growth.
Increasing number of road traffic accidents leading to sever blood loss is boosting the market growth.
Technological advancements in infusion pumps, apheresis systems, blood warmers, and transfusion filters and availability of safe and highly purified blood to patients for treatment are anticipated to propel the market.
Exponential growth in healthcare expenditure by developing countries, enhancing healthcare quality, and favorable medical reimbursement policies in the developed countries are boosting the market growth.
Stringent regulatory scenario for approval of testing devices is hindering the market growth.
High operating costs of testing is restricting the market growth.
Dearth of skilled medical professionals is a major restrain of the market.
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Vitamin Deficiency Treatment Market Size to Expand Significantly by the End of 2028
Vitamin Deficiency Treatment Market: Introduction
According to the report, the global vitamin deficiency treatment market was valued at US$ 5.46 Bn in 2019 and is projected to expand at a CAGR of 6.5% from 2020 to 2028. Rise in prevalence of several acute and chronic disorders across the world and high demand for vitamin D and vitamin B complex due to numerous health benefits are the major factors anticipated to drive the global vitamin deficiency treatment market from 2020 to 2028.
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Rise in Prevalence of Several Acute and Chronic Disorders to Drive Global Market
The number of patients affected with chronic diseases is rising consistently across the world. The root cause of a number of these diseases can be traced to a lack of healthy lifestyle and dietary habits that lead to deficiency of various essential vitamins and minerals. Rise in the number of these diseases propels the demand for vitamins and other nutritional supplements. Cardiovascular and respiratory diseases have affected a large number of individuals, globally, and are leading causes of death among the global population. Cardiovascular diseases cause majority of deaths across the world. According to the World Health Organization (WHO), cardiovascular disorders (CVD) account for an estimated 17.9 million deaths each year. The increase in incidence of chronic diseases of the liver, heart, kidneys, and pancreas; and blood disorders such as leukemia and aplastic anemia have increased demand for multivitamin and multimineral supplements. Therefore, increase in the incidence of chronic diseases and surge in the geriatric population across the globe fuel the growth of the global vitamin deficiency treatment market.
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Vitamin B Complex Supplements to Offer Lucrative Opportunities
The report offers detailed segmentation of the global vitamin deficiency treatment market based on product type, route of administration, distribution channel, and region. In terms of product type, the global vitamin deficiency treatment market has been categorized into vitamin B complex supplements, vitamin C (ascorbic acid), vitamin A (retinoids), vitamin D (calciferol, 1,25-dihydroxy vitamin D), vitamin E (tocopherol), and vitamin K. Based on route of administration, the global market has been classified into oral and parenteral. The oral segment dominated the global market, as most products under the supplement therapy segment available in the market are administered orally due to convenience and better patient compliance. In terms of distribution channel, the global vitamin deficiency treatment market has been divided into hospital pharmacies, retail pharmacies, and online pharmacies. Rise in adoption of e-Commerce is anticipated to propel the online pharmacies segment in the near future.
Asia Pacific to Lead Vitamin Deficiency Treatment Market
North America is the second largest market for vitamin deficiency treatment. The region’s dominance of the global market is attributed to high rate of adoption of vitamin supplements as well as high prices of drugs. The market in Asia Pacific is likely to grow at a faster pace during the forecast period. Increase in awareness about various diseases, favorable medical reimbursement policies, and rapidly developing health care facilities in Asia Pacific are the major factors expected to fuel the growth of the market in the region during the forecast period.
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Leading Players in Global Market
The report provides profiles of leading players operating in the global vitamin deficiency treatment market. These include Koninklijke DSM N.V., Nature’s Bounty, Mallinckrodt Pharmaceuticals, and Pfizer, Inc. Mallinckrodt Pharmaceuticals is a Netherlands-based manufacturer of nutritional ingredients, specialty food ingredients, engineering plastics, coatings, biomedical materials, etc. The company employs more than 21,054 people in approximately 50 countries. Its nutrition division comprises DSM Nutritional Products and DSM Food Specialties. DSM Nutritional Products produces essential nutrients such as synthetic vitamins, carotenoids, nutritional lipids, and other ingredients for the feed, food, pharmaceutical, and personal care industries.
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Vitamin Deficiency Treatment Market Shares, Strategies and Opportunities 2024
Vitamin Deficiency Treatment Market: Introduction
According to the report, the global vitamin deficiency treatment market was valued at US$ 5.46 Bn in 2019 and is projected to expand at a CAGR of 6.5% from 2020 to 2028. Rise in prevalence of several acute and chronic disorders across the world and high demand for vitamin D and vitamin B complex due to numerous health benefits are the major factors anticipated to drive the global vitamin deficiency treatment market from 2020 to 2028.
Rise in Prevalence of Several Acute and Chronic Disorders to Drive Global Market
The number of patients affected with chronic diseases is rising consistently across the world. The root cause of a number of these diseases can be traced to a lack of healthy lifestyle and dietary habits that lead to deficiency of various essential vitamins and minerals. Rise in the number of these diseases propels the demand for vitamins and other nutritional supplements. Cardiovascular and respiratory diseases have affected a large number of individuals, globally, and are leading causes of death among the global population. Cardiovascular diseases cause majority of deaths across the world. According to the World Health Organization (WHO), cardiovascular disorders (CVD) account for an estimated 17.9 million deaths each year. The increase in incidence of chronic diseases of the liver, heart, kidneys, and pancreas; and blood disorders such as leukemia and aplastic anemia have increased demand for multivitamin and multimineral supplements. Therefore, increase in the incidence of chronic diseases and surge in the geriatric population across the globe fuel the growth of the global vitamin deficiency treatment market.
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Vitamin B Complex Supplements to Offer Lucrative Opportunities
The report offers detailed segmentation of the global vitamin deficiency treatment market based on product type, route of administration, distribution channel, and region. In terms of product type, the global vitamin deficiency treatment market has been categorized into vitamin B complex supplements, vitamin C (ascorbic acid), vitamin A (retinoids), vitamin D (calciferol, 1,25-dihydroxy vitamin D), vitamin E (tocopherol), and vitamin K. Based on route of administration, the global market has been classified into oral and parenteral. The oral segment dominated the global market, as most products under the supplement therapy segment available in the market are administered orally due to convenience and better patient compliance. In terms of distribution channel, the global vitamin deficiency treatment market has been divided into hospital pharmacies, retail pharmacies, and online pharmacies. Rise in adoption of e-Commerce is anticipated to propel the online pharmacies segment in the near future.
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Asia Pacific to Lead Vitamin Deficiency Treatment Market
North America is the second largest market for vitamin deficiency treatment. The region’s dominance of the global market is attributed to high rate of adoption of vitamin supplements as well as high prices of drugs. The market in Asia Pacific is likely to grow at a faster pace during the forecast period. Increase in awareness about various diseases, favorable medical reimbursement policies, and rapidly developing health care facilities in Asia Pacific are the major factors expected to fuel the growth of the market in the region during the forecast period.
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Leading Players in Global Market
The report provides profiles of leading players operating in the global vitamin deficiency treatment market. These include Koninklijke DSM N.V., Nature’s Bounty, Mallinckrodt Pharmaceuticals, and Pfizer, Inc. Mallinckrodt Pharmaceuticals is a Netherlands-based manufacturer of nutritional ingredients, specialty food ingredients, engineering plastics, coatings, biomedical materials, etc. The company employs more than 21,054 people in approximately 50 countries. Its nutrition division comprises DSM Nutritional Products and DSM Food Specialties. DSM Nutritional Products produces essential nutrients such as synthetic vitamins, carotenoids, nutritional lipids, and other ingredients for the feed, food, pharmaceutical, and personal care industries.
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Covid 19 Impact on Blood Transfusion Diagnostics Market: Business Strategies, Future Growth Study, Industry Key Growth Factor Analysis
Blood Transfusion Diagnostics Market Analysis
The global blood transfusion diagnostics market size is predicted to touch USD 2.45 billion at an 8.2% CAGR between 2017-2023, reveals the latest Market Research Future (MRFR) report. Blood transfusion, simply put, is a life-saving procedure that replaces blood cells that are lost through severe bleeding during surgical procedures or in the case of patients suffering from anemia who require blood for increasing blood count. There are several medical problems or conditions which may need various forms of transfusion, including plasma, platelets, and red cells, such as during childbirth, pregnancy, blood problems, operations, or cancer. Blood transfusion diagnostics comprise of instruments such as kits and reagents, centrifuges, and analyzers that are used for different tests such as disease screening or blood grouping for patients and donors alike.
Various factors are propelling the blood transfusion diagnostics market growth. These factors, as per the new Market Research Future (MRFR) report, include government schemes for paid and voluntary blood donation, huge patient population suffering from chronic diseases especially leukemia, sickle cell anemia, and aplastic anemia, increasing awareness about automation of blood banks and blood transfusions, and strict regulations pertaining to the use as well as transfer of blood. Additional factors pushing market growth include demand for screened blood products, availability of different blood transfusion procedures, and increasing incidence of infectious diseases.
On the flip side, lack of skilled experts for blood transfusion diagnostics, high operating price of testing, stringent regulatory policies for approvals, availability of alternative treatments, and increasing incidence of complications during the transfusion procedure are factors that may restrict the blood transfusion diagnostics market growth over the forecast period.
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Blood Transfusion Diagnostics Market Segmentation
The MRFR report provides an all-inclusive segmental analysis of the blood transfusion diagnostics market on the basis of blood product, technology, and end users.
Based on the blood product, the blood transfusion diagnostics market is segmented into immunoglobulin preparations, albumin, plasma, platelets, red blood cells, and other products.
By technology, the global blood transfusion diagnostics market is segmented into rapid test, fluorescence assay, nucleic acid amplification, ELISA, western blot, and other technologies. The ELISA segment is again segmented into colorimetric immunoassay (CI), fluorescence immunoassays (FIA), and chemiluminescence immunoassay. The nucleic acid amplification segment is again segmented into real-time PCR and thermomechanical analysis (TMA).
Based on end users, the blood transfusion diagnostics market is segmented into laboratories, blood banks, clinics, and hospitals. Of these, the blood banks segment will dominate the market over the forecast period chiefly due to the increase in the number of blood centers and blood banks worldwide.
Blood Transfusion Diagnostics Market Regional Analysis
By region, the blood transfusion diagnostics market report covers the latest trends and growth opportunities across the Asia Pacific (APAC), the Americas, Europe, and the Middle East and Africa (MEA). Of these, the Americas will have the lion’s share in the market over the forecast period. Factors aiding growth in the region include strict rules related to transfusion and storage of blood, automation of blood banks, and growing adoption of nucleic acid implication test of diagnosis. Moreover, various awareness programs and camps conducted by the non-government organization for safe handling of blood is also boosting the market growth.
The blood transfusion diagnostics market in Europe is predicted to have the second-largest share in the market over the forecast period. Factors aiding growth in the region include the collaboration of government bodies with NGO’s, availability of skilled healthcare professionals in the region, and burgeoning demand for improved diagnostics tests.
The blood transfusion diagnostics market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors aiding growth in the region include the adoption of new technology, the growing number of donors in the region, and the presence of several key players. Japan is the chief contributor in the region.
The blood transfusion diagnostics market in the MEA is predicted to have steady growth over the forecast period.
Blood Transfusion Diagnostics Market Key Players
Major players profiled in the blood transfusion diagnostics market report include Biokit (Spain), Hologic/Gen-Probe (US), Quidel (US), Grifols (Spain), Fujirebio (Belgium), DiaSorin (Italy), BAG Healthcare (Germany), Abbott Diagnostics (US), Diagast (France), Beckman Coulter, Inc. (US), Novartis AG (Switzerland), Dickinson and Company (US), Becton, Ortho Clinical Diagnostics, Inc. (US), Siemens Healthineers (Germany), Bio-Rad Laboratories, Inc. (US), BioMérieux (France), Roche Diagnostics (Switzerland), Thermo Fisher Scientific, Inc. (US), Grifols (Spain), Beckman Coulter (US), Immucor (US), and Ortho Clinical Diagnostics (US).
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Blood Transfusion Diagnostics Industry News
October 2019: Japanese scientists have created artificial blood in the laboratory, which can be transfused in patients irrespective of the blood type. It will help those who fail in getting immediate treatment during emergencies or times of need.
#Covid 19 Impact on Blood Transfusion Diagnostics Market#Blood Transfusion Diagnostics Market#Blood Transfusion Diagnostics Market size#Blood Transfusion Diagnostics Market Growth#Blood Transfusion Diagnostics Market Analysis
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Anemia Treatment Drug Market 2018 Share, Trend, Segmentation and Forecast to 2025
Global Anemia Treatment Drug Industry
Latest Report on Anemia Treatment Drug Market Global Analysis & 2025 Forecast Research Study
The report covers the analysis and forecast of the anemia treatment Drug market on global as well as regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Mn).
The study provides a detailed view of the anemia treatment Drug market, by segmenting it based on by type, and regional demand. Lack of iron in human body, therefore results in anemia. Lack of iron absorption mainly among young children, women of reproductive age and pregnant women, creates a huge demand and high growth opportunity for anemia Drug during the projection period of 2017-2025. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The segmentation also includes by types in all regions. These include different business strategies adopted by the leading players and their recent developments.
A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the Anemia treatment Drug market at the global and regional levels. Market dynamics are the factors which impact the market growth, so their analysis helps understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the Anemia treatment Drug market.
The report provides the size of the Anemia treatment Drug market in 2016 and the forecast for the next nine years up to 2025. The size of the global Anemia treatment Drug market is provided in terms of revenue. Market revenue is defined in US$ Mn. The market dynamics prevalent in North America, Europe, Asia Pacific, Middle East and Africa and Latin America has been taken into account in estimating the growth of the global market.
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Market estimates for this study have been based on revenue being derived through regional pricing trends. The Anemia treatment Drug market has been analyzed based on expected demand. We have used the bottom-up approach to estimate the global revenue of the anemia treatment Drug market, split into regions. Based on type we have summed up the individual revenues from all the regions to achieve the global revenue for anemia treatment Drug. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of anemia treatment Drug several privately held companies, calculated assumptions have been made in view of the company’s penetration and regional presence.
The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the global market. Key players profiled in the report include GlaxoSmithKline PLC, Bayer AG, Eli Lilly, Regen Biopharma, Celgene Corporation and few others. The global anemia treatment Drug market has been segmented into: Global Anemia Treatment Drug Market: By Type • Chronic Kidney Disease Related Anemia • Iron Deficiency Anemia • Aplastic Anemia • Sickle Cell Anemia Global Anemia Treatment Drug Market: By Geography • North America o U.S. o Canada o Mexico • Europe o U.K. o France o Germany o Italy o Rest of Europe • Asia Pacific o India o China o Japan o Rest of Asia Pacific • Middle East and Africa o South Africa o Rest of Middle East and Africa • Latin America o Brazil o Rest of Latin America
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Some points from table of content:
1 INTRODUCTION 1.1 MARKET SEGMENTATION 2 RESEARCH METHODOLOGY 2.1 ECOSYSTEM OF ANEMIA TREATMENT DRUG MARKET 2.2 TOP-DOWN APPROACH 2.3 BOTTOM-UP APPROACH 2.4 ASSUMPTIONS 3 EXECUTIVE SUMMARY 3.1 GLOBAL ANEMIA TREATMENT DRUG MARKET SNAPSHOT 3.2 GLOBAL ANEMIA TREATMENT DRUG MARKET REVENUE, 2017– 2025(US$ MN) 4 MARKET OVERVIEW 4.1 INTRODUCTION 4.2 KEY TRENDS ANALYSIS 4.3 PRODUCT DEVELOPMENT AND DIVERSIFICATION ANALYSIS 4.4 PORTERS FIVE FORCE ANALYSIS 4.5 VALUE CHAIN ANALYSIS 4.6 COMPETITIVE LANDSCAPE 4.7 COMPANY MARKET SHARE ANALYSIS 4.8 EXPANSION STRATEGIES ADOPTED BY LEADING PLAYERS 5 GLOBAL ANEMIA TREATMENT DRUG MARKET, BY TYPE 5.1 OVERVIEW 5.2 CHRONIC KIDNEY DISEASE RELATED ANEMIA 5.3 IRON DEFICIENCY ANEMIA 5.4 APLASTIC ANEMIA 5.5 SICKLE CELL ANEMIA 6 GLOBAL ANEMIA TREATMENT DRUG MARKET, BY GEOGRAPHY 6.1 NORTH AMERICA 6.1.1 MARKET DYNAMICS 6.1.1.1 DRIVERS 6.1.1.2 RESTRAINS 6.1.1.3 OPPORTUNITY 6.1.2 U.S. 6.1.3 CANADA 6.1.4 MEXICO 6.2 EUROPE 6.2.1 MARKET DYNAMICS 6.2.1.1 DRIVERS 6.2.1.2 RESTRAINS 6.2.1.3 OPPORTUNITY 6.2.2 U.K. 6.2.3 FRANCE 6.2.4 GERMANY 6.2.5 REST OF EUROPE 6.3 ASIA PACIFIC
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