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Global Sickle Cell Disease Treatment Market 2020 Comprehensive Study Addmedica, Emmaus Medical, Inc., Global Blood Therapeutics Inc., bluebird bio, Inc.
Global Sickle Cell Disease Treatment Market
Market Analysis:
Global sickle cell disease treatment market is rising gradually with a healthy CAGR of 11.5% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing incidence of sickle cell disease in different regions and high demand of unmet medical needs are driving the global sickle cell disease treatment market.
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Key Market Players:
Few of the major competitors currently working in global sickle cell disease treatment market are Addmedica, Emmaus Medical, Inc., Global Blood Therapeutics Inc., bluebird bio, Inc., Pfizer Inc., Novartis AG, Bristol-Myers Squibb Company, Endo Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Mayne Pharma Group Limited, CELGENE CORPORATION, Ironwood Pharmaceuticals, Inc., Amgen Inc., Zydus Cadila, Silver Lake Research Corporation, Ionis Pharmaceuticals, Inc., Vertex Pharmaceuticals Incorporated, Alkem Labs, Purdue Pharma L.P among others.
Competitive Analysis:
Global sickle cell disease treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sickle cell disease treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Sickle Cell Disease Treatment Market By Type (Hemoglobin Sβ0 Thalassemia, Hemoglobin Sβ+ Thalassemia, Hemoglobin SC, Others), Symptoms Type (Anemia, Episodes of Pain, Frequent Infections, Others), Complications Type (Stroke, Acute Chest Syndrome, Pulmonary Hypertension, Organ Damage, Others), Treatments Type (Medication, Blood Transfusion, Bone Marrow Transplantation, Others), Medications Type (Antibiotics, Pain-Relieving Medications, Hydroxyurea, Others), Route of Administration (Oral, Injectable, Others), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Definition: Global Sickle Cell Disease Treatment Market
Sickle cell disease (SCD) is the most common hereditary blood disorders. In this condition, red blood cells fail to supply adequate amount of oxygen in body. Normally red blood cells are flexible and round but in SDC obtain irregular shapes such as sickle or crescent moons and get stuck in small blood vessels blocking the way of blood flow.
The presence of SCD in black Americans is approximately 8%. The expected prevalence of sickle cell anemia in the United States is 1 in 625 persons at birth.
Market Drivers
Increase in immigration of African population can be the major driver for growth of the market
Improvement in healthcare services and investment in treatment of sickle cell disease propel the market growth
Rising cases of sickle cell diseases in North America region can boost up the global market growth
High demand of regenerative therapies and strong pipeline may escalate the market in the forecast period
Market Restraints
Lack of effective treatment options in Middle-East and Africa plays important role in challenging the market growth
Unavailability of drugs in rural areas is obstructing the growth of the market
High cost of treatment and low healthcare expenditure in some countries may hamper the market growth
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Segmentation: Global Sickle Cell Disease Treatment Market
By Type
Hemoglobin Sβ0 Thalassemia
Hemoglobin Sβ+ Thalassemia
Hemoglobin SC
Others
By Symptoms
Anemia
Episodes of Pain
Frequent Infections
Others
By Complications
Stroke
Acute Chest Syndrome
Pulmonary Hypertension
Organ Damage
Others
By Treatment
Medication
Blood Transfusion
Bone Marrow Transplantation
Others
By Medications
Antibiotics
Pain-Relieving Medications
Hydroxyurea
Others
By Route of Administration
Oral
Injectable
Others
By End Users
Hospitals
Homecare
Specialty Clinics
Others
By Distribution Channels
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In July 2019, Novartis AG received the Biologics License Application (BLA) for crizanlizumab (SEG101), an investigational sickle cell medicine used for preventing vaso-occlusive crises (VOCs) in patients with sickle cell disease. This BLA grant to the drug candidate of Novartis AG will provide the marketing authorizations of the drug in interstate market and supports the development of the product for commercialization internationally
In December 2017, Addmedica received the U.S. FDA approval for Siklos (hydroxyurea), a drug that reduces the frequency of painful crises and blood transfucion requirements in pediatric patients suffering from sicle cell anemia. The approval is a major development for treatment of children with sickle cell anemia
Reasons to Purchase this Report
Current and future of global sickle cell disease treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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