Sickle Cell Anemia Therapeutics Market Analysis Report, Regional Outlook with Key Players – Pfizer, Bristol-Myers Squibb, GlycoMimetics, Anthera Pharmaceuticals, GlycoMimetics,, Eli Lilly, Mast Therapeutics
Coherent Market Insights has announced the addition of the “Sickle Cell Anemia Therapeutics Market Size Status and Forecast 2026”, The report classifies the global Sickle Cell Anemia Therapeutics Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.This report studies the global Sickle Cell Anemia Therapeutics Speaker market, analyzes and researches the Sickle Cell Anemia Therapeutics Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like
Pfizer, Bristol-Myers Squibb, GlycoMimetics, Anthera Pharmaceuticals, GlycoMimetics,, Eli Lilly, Mast Therapeutics
Request a sample copy : https://www.coherentmarketinsights.com/insight/request-sample/161
Growing prevalence of the disease will give rise to an increased demand for sickle cell disease prevention and cure, thereby augmenting the growth of the overall sickle cell anemia therapeutics market. According to Center for Disease Control and Prevention, as of 2016, around 100,000 people in the U.S. are affected by sickle cell diseases or SCDs. Sickle cell diseases are very common among black or African Americans. Around 1 in 13 babies belonging to the race are born with sickle cell diseases.
A drastic reduction in the total red blood cells or RBC count or hemoglobin is known as anemia. It can be defined as the inability to carry optimum amount of oxygen by the blood. Sickle-cell diseases (SCD) are types of blood disorders which are usually inherited genetically. One of the common types of SCDs is the sickle-cell anemia or SCA. It essentially gives rise to an irregularity in hemoglobin, the protein that carries oxygen in the blood. Hemoglobin is found typically in the red blood cells of the body. As a result a sickle-like shaped cell is formed under certain conditions. Tribulations in sickle cell disease usually start to take shape at a very early age (within the first year of birth). This might lead to various health problems including pain attacks also known as the sickle-cell crisis, swelling in the limbs, microbial infections, and in certain cases, stroke. Chronic pain may develop with age. Sickle-cell diseases arise when an individual inherits abnormal copies of hemoglobin gene from each parent.
The National Center for Biotechnology Information says that sickle cell anemia is one of the most common hereditary hematological diseases among humans. Annually, around 250,000 children are born with the disease and it is among the most occurring epidemiological genetic diseases worldwide. Governments around the world, especially in Africa are taking initiatives to prevent and cure the disease as a result of which, huge investments on this field are expected in the coming years. This in turn will encourage the manufacturers around the world to manufacture in large quantities to meet the unmet demand thereby propelling the growth of the sickle cell anemia therapeutics market.
On the basis of type of medication, the global market is classified into:
Antibiotics
Pain-relieving medications
Hydroxyurea
Others
On the basis of end user, the global market is classified into:
Government
Hospitals
Private Clinics
Others
On the basis of geography the global market is classified into:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Increasing occurrence of the disease especially in the Africa region will drive the sickle cell anemia therapeutics market
According to the World Health Organization, around 5% of the population around the globe carries the gene for the sickle cell disease. This percentage is as high as 25% in some of the regions around the world. According to the same report, WHO has estimated that the occurrence of sickle cell disease is highest in the African region. To meet this crisis of high prevalence of the disease, WHO’s governing bodies has taken initiatives to address the same. Moreover, according to PLOS Medicine, the occurrence of sickle cell anemia is likely to rise by around 30% by 2050, especially in the sub-Saharan Africa. This rise in demand will eventually push the global sickle cell anemia therapeutics market into a positive growth trajectory over the course of the forecast period (2016-2024).
There is a growing need of early detection and prevention of curable diseases especially among the adults. This is going to be a key opportunity in the market as the percentage of adult population is increasing on a daily basis owing to the rise in life expectancy among the global population. Additionally, the demand for safe and efficacious treatments is gaining prevalence in the market. This factor coupled with unmet medical needs among the patients will fuel the growth of the global sickle cell anemia therapeutics industry.
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