The Hematology Drugs Market To Improve Its Performance

The Business Research Company’s Hematology Drugs global market report, covers the year-on-year growth of the global Hematology Drugs market historic and forecast growth. It also includes chapters on the Hematology Drugs market trends, geographical analysis, and competitive landscape.

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The global hematology drugs market size is expected to reach $50 billion by 2022, significantly growing at a CAGR of around 6.5% during the forecast period.

Hematology Drugs Market Trends

The hematology drugs market consists of sales of hematology drugs and related services by entities (organizations, sole traders and partnerships) that produce hematology drugs to treat diseases such as genetic disorders, anemia, other related diseases. This industry includes establishments that produce blood products such as red blood cells, white blood cells, platelets, and fresh frozen plasma. It also consists of establishments which produce of anemia and other blood disorder drugs to treat anemia, hemophilia and blood clots.

The increase in the number of drug approvals for hemophilia by the regulatory bodies such as FDA in the US is an emerging trend in the market. For instance, in June 2017, Novo Nordisk received FDA approval for its Rebinyn (Coagulation Factor IX (Recombinant), GlycoPEGylated) drug that is used in the treatment of hemophilia B. Over the last 17 years, there were no new drug approvals for the treatment of hemophilia. However, there has been an uptake in the approval of new drugs for the treatment of hemophilia. From 2014 to 2017, seven new drugs have been approved by the FDA for treating hemophilia A and B. Increasing number of new FDA approved drugs aids in management of hemophiliacs and improves their Quality of Life (QoL).

The global Hematology Drugs market is primarily driven by increase in unhealthy lifestyle leading to anemia and coagulation disorders, along with increased longevity and the launch of pipeline drugs is set to drive the market for hematology drugs.

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The global Hematology Drugs market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increase in the global old age population who are more likely to suffer from blood disorder diseases such as anemia and hemophilia, the global Hematology Drugs market is expected to increase in potential and scope. TBRC’s report also covers the Hematology Drugs drivers and restraints in the market.

The global Hematology Drugs market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global Hematology Drugs market report are Novo Nordisk A/S, Shire Plc, Bayer AG, Daiichi Sankyo Company, Biogen Inc.

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