Global Hemoglobinopathies Market To See High CAGR Growth Of 10.45% By 2026:Bio-Rad Laboratories, Inc., Danaher, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Nexcelom Bioscience LLC, NIHON KOHDEN CORPORATION

Global hemoglobinopathies market is expected to rise to an estimated value of USD 12.75 billion by 2026, registering a CAGR of 10.45% in the forecast period of 2019-2026. High prevalence of hemoglobinopathies is the major factor for the growth of this market.

The hemoglobinopathies market report evaluates CAGR value fluctuation during the forecast period of 2019 -2026 for the market. This report also analyzes the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. The market report studies market attributes, industry structure, and competitive scenario, the problems, desire concepts, together with business strategies, market effectiveness, investment research and new business challenges. By understanding client's requirements precisely and following them firmly, this hemoglobinopathies market research report has been structured. Hemoglobinopathies report reveals the nature of demand for the firm's product to know if the demand for the product is constant or seasonal.

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Few of the major competitors currently working in the global hemoglobinopathies market are Abbott, Bio-Rad Laboratories, Inc., Danaher, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Nexcelom Bioscience LLC, NIHON KOHDEN CORPORATION, PerkinElmer Inc., Siemens, Sysmex Corporation, Novartis AG, Medunik USA Inc, Emmaus Medical, Bristol-Myers Squibb Company, ApoPharma Inc, Alnylam Pharmaceuticals, Inc., Gamida Cell, Biogen, Acceleron Pharma, Inc, Sangamo Therapeutics, CELGENE CORPORATION.

Key Developments in the Market:

In November 2016, Sangamo BioSciences, Inc announced the transfer of zinc finger nuclease (ZFN)-mediated genome editing program for hemoglobinopathies to Bioverativ. This helps the Bioverativ to meet the rising medical need of patient with blood disorders. It will also help the company to advance these programs. This program is very useful to treat two blood disorders, beta- thalassemia and sickle cell disease.
In January 2014, Biogen Idec and Sangamo BioSciences together announced the launch of their new platform for the treatment of sickle cell disease (SCD) and beta thalassemia. This collaboration will help the Biogen to expand their business and to provide treatment to the patients with serious inherited hematologic conditions.

Competitive Analysis: Global Hemoglobinopathies Market

Global hemoglobinopathies 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 hemoglobinopathies market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers

Rising awareness about hemoglobinopathies among consumer is driving the market growth
Improvement in healthcare infrastructure is driving the market
Increasing blood cancer cases among population is driving the growth of this market.
Favorable government programs related to hemoglobinopathies will propel the market

Market Restraints

Availability of diagnostics alternative of hemoglobinopathies will also restraint the market growth
Lack of proper diagnostics test will hamper the growth of this market

Segmentation: Global Hemoglobinopathies Market

By Indication

Sickle Cell Disease
Beta Thalassemia
Alpha Thalassemia

By End- User

Hospitals
Diagnostics Laboratories
Clinics

By Test Type

Routine Red Blood Cell (RBC) Count
Genetic Testing
Hemoglobin by High Performance Liquid Chromatography
Hemoglobin Isoelectric Focusing (Hb IEF)
Hemoglobin electrophoresis (Hb ELP)
Hemoglobin Solubility Test

By Pipeline Therapeutics

NiCord, ZFP Transcription Factors
ALN-TMP
Drug Targeting PRMT5
Drug Targeting Protein Arginine Methyltransferase 5

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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