A Bleeding Disorder is a condition where there is a problem with the body’s clotting method. This disorder leads to heavy and protracted bleeding after an injury. Market Research Future says that Global Bleeding Disorders Treatment is predicted to demonstrate 10.0% CAGR during the forecast period (2018–2023). Increased number of diagnosed patients with bleeding disorders is likely to favor the market growth.
A bleeding disorder is referred to as a condition where the body faces a problem with clotting method. Most of the bleeding disorders are found to be hereditary, but some among them are acquired and are caused due to side effects of certain medications, liver diseases, vitamin K deficiency, low red blood cell count, and others. Bleeding disorders cause abnormal bleeding both from inside and outside the body.
The Global Bleeding Disorders Treatment Market is seeing a rise due to growth in the number of diagnosed patients with bleeding disorders, rising research and development activities and investments by key players growth in awareness about bleeding disorders especially hemophilia and positive government initiatives in the developed countries towards establishing a wide network of diagnosis and treatment centers complementing the market growth. However, the absence of access to proper treatment due to the high cost of medication and the shortage of skilled health professionals hinders the growth of the market.
Bleeding Disorders Treatment Market – Competitive Dashboard
The prominent players operating the Global Bleeding Disorders Treatment Market are BDI Pharma, Bayer Pharmaceuticals, Ferring Pharmaceuticals, Pfizer Inc., Grifols, Shire Plc, Biogen Idec, Octapharma, CSL Behring, Sun Pharmaceutical Industries Ltd., Novo Nordisk A/S, and others.
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Industry Updates:
February 07, 2019: Roche has recently announced that it has joined the World Federation of Hemophilia Humanitarian Aid Program. They have taken the initiative in order to change the lack of access to treatment and care for people suffering from inherited bleeding disorders in developing countries.
Bleeding Disorders Treatment Market – Segmental Analysis
The global bleeding disorders treatment market has been segmented on the basis of type, treatment, drug class, and end users.
By mode of type, the global bleeding disorders treatment market has been segmented into hemophilia B, hemophilia A, Von Willebrand Disease (vWD), and others.
By mode of drug class, the global bleeding disorders treatment market has been segmented into global recombinant coagulation factor concentrate market, plasma-derived coagulation factor concentrates market, and global others bleeding disorders treatment market. Among these, the recombinant coagulation factor concentrates segment is likely to occupy the largest market share owing to the increasing R&D investments for manufacturing and development of recombinant products by the major market players.
By mode of treatment, the global bleeding disorders treatment market has been segmented into hormone replacement therapy, desmopressin (DDAVP), anti-fibrinolytic/clot-stabilizing drugs, contraceptives, drugs applied to cuts and pipeline analysis (phase I, phase II and phase III clinical trials), and fibrin sealants.
By mode of end-users, the global bleeding disorders treatment market has been segmented into clinics, hospitals, research institutes, specialty clinics, and others.
Bleeding Disorders Treatment Market – Regional Insights
Geographically, the global bleeding disorders treatment market span across regions namely, Europe, America, Asia-Pacific, and the Middle East and Africa.
Among all the regions, the North American region is predicted to occupy the largest market share. The growth is credited to the early adoption of advanced medical technologies, and constant development by the major companies operating into the drugs. As per the Hemophilia Federation of America, more than 20,000 people are affected by hemophilia.
The European region occupies the second largest market share in the global market owing to factors such as advancement of technology, augmenting expenses in research, the necessity for effective and innovative therapies, and the decline in human health. As per Statista, approximately 149,764 people were diagnosed with hemophilia A. More than 10,811 people were diagnosed with other platelet disorders in 2016.
The Asia-Pacific region is likely to experience significant growth in the coming years owing to access to optimal treatment facilities. Additional factors gearing up the market growth are augmenting demand for government initiatives, high adoption rate, advanced technology, and increasing expenditure on healthcare. For instance, as per the annual report survey of 2015 provided by the World Federation of Hemophilia, around 17,346 million people are suffering from hemophilia.
Meanwhile, the Middle East & Africa occupies the smallest share owing to an underdeveloped healthcare sector, poor medical facilities, and a dearth of technical knowledge.
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