openPR Logo
Press release

Hemoglobinopathies Market Revenue to Hit USD 13,465.2 Million by 2026

11-18-2022 02:59 PM CET | Science & Education

Press release from: Facts & Factors

Hemoglobinopathies Market

Hemoglobinopathies Market

Findings from the report entitled "Hemoglobinopathies Market by Indication (Sickle cell disease, Alpha Thalassemia, Beta Thalassemia, and Others), Therapy (Blood Transfusion, Iron Chelation Therapy, Bone Marrow Transplant, and Others), Diagnosis (Blood testing, Genetic testing, Pre-implantation Genetic Diagnosis (PGD), and Other), and end-user (Hospitals, Diagnostic Laboratories, Clinics, and Other End It is estimated that the market will expand at a compound annual growth rate (CAGR) of over 10.34% and that it will reach over USD 13,465.2 Million by the year 2026.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/hemoglobinopathies-market-by-indication-sickle-cell-disease-alpha

The top key players operating in the market are

Alnylam Pharmaceuticals
bluebird bio Inc.
Celgene Corporation
Emmaus Life Sciences Inc.
Gamida Cell
Global Blood Therapeutics
Prolong Pharmaceuticals
Sangamo
Therapeutics Inc., and Sanofi

Hemoglobinopathies are brought on by both anemia and mutations in the patient's genes. The formation of default hemoglobin can occur under three different circumstances, including structural defects in the hemoglobin molecule, decreased production of one of the two subunits that make up the hemoglobin molecule, and abnormal interactions between subunits that would normally be considered safe. There is a spectrum of severity when it comes to illnesses. The most common diagnostic tools and tests for hemoglobinopathy and thalassemia are genetic diagnoses, genetic and blood testing, electrophoresis of alkaline and acid gel, hemoglobin electrophoresis, genetic prenatal testing, and chromatography exchange of ions HbA2.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/hemoglobinopathies-market-by-indication-sickle-cell-disease-alpha

Improved R&D investments are projected to contribute to demand development for new therapies. The National Heart, Lung, and Blood Institute (NHLBI), part of the National Health Institutes (NIH), is funding SCD research programs to find new methods of identifying and managing the disease and enhancing patient outcomes. New techniques are being developed using advances in gene-editing technology to modify or delete the faulty sickle cell disease gene and carry the restored gene back to the patients. Through support for sickle cell disease prevention and care through legislation such as the Sickle Cell Disease Research, Surveillance, Prevention, and Care Act, of 2018 is also likely to lead to better management of the situation.

The Hemoglobinopathies market is segmented into indication, therapy, diagnosis, end-user, and region segment. The indication segment is segmented into sickle cell disease, alpha-thalassemia, beta-thalassemia, and others. The therapy segment is divided into iron chelation therapy, blood transfusion, bone marrow transplant, and others. In 2018, blood transfusion therapy held the largest market share. Rising policy measures to increase the number of blood donors are a high impact-making engine for the demand for hemoglobinopathies.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/hemoglobinopathies-market-by-indication-sickle-cell-disease-alpha

The Diagnosis segment is bifurcated into blood testing, genetic testing, pre-implantation genetic diagnosis (PGD), and Others. In 2018, blood testing dominated the diagnosis segment in terms of revenue. The fact that blood testing is extensively used as the tool of first-line screening is a major contributor to its large market share. Due to its efficacy in precise diagnosis and monitoring, genetic testing for sickle cell disease diagnosis is projected to be the fastest-growing segment over the forecast timespan. The end-user segment is segmented into hospitals, diagnostic laboratories, clinics, and other end-user.

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/hemoglobinopathies-market-by-indication-sickle-cell-disease-alpha

This report segments the Global Hemoglobinopathies Market as follows:

Global Hemoglobinopathies Market: Indication Segment Analysis

Sickle cell disease
Alpha Thalassemia
Beta Thalassemia
Others

Global Hemoglobinopathies Market: Therapy Segment Analysis

Blood Transfusion
Iron Chelation Therapy
Bone Marrow Transplant
Others

Global Hemoglobinopathies Market: Diagnosis Segment Analysis

Blood testing
Genetic testing
Pre-implantation Genetic Diagnosis (PGD)
Other

Global Hemoglobinopathies Market: End-user Segment Analysis

Hospitals
Diagnostic laboratories
Clinics
Other End-use

Global HemoglobinopathiesMarket: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/hemoglobinopathies-market-by-indication-sickle-cell-disease-alpha

Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email:ย sales@fnfresearch.com
Web:ย https://www.fnfresearch.com

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hemoglobinopathies Market Revenue to Hit USD 13,465.2 Million by 2026 here

News-ID: 2813311 • Views: โ€ฆ

More Releases from Facts & Factors

Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 Billion by 2026 | Facts and Factors
Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 โ€ฆ
The Military Vehicle Electrification Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. The report titled Military Vehicle Electrification Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. Request Access Full Report is Available @ https://www.fnfresearch.com/military-vehicle-electrification-market This covers marketโ€ฆ
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, Growth, Trends and Forecasts 2026
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, G โ€ฆ
The research report presents a strategic analysis of the AIOps (Artificial Intelligence for IT Operations) Market analysis through top players, size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. Further, the market attractiveness index is provided based on a five-forces analysis. View the Full Report with Table of Contents @ https://www.fnfresearch.com/artificial-intelligence-for-it-operations-market This report mainly focuses on the top players and theirโ€ฆ
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain USD 2,319.8 Million by 2026: Facts & Factors
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain U โ€ฆ
The Quantum Dot Solar Cell Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. Request Access Full Report is Available @ https://www.fnfresearch.com/quantum-dot-solar-cell-market The report titled "Quantum Dot Solar Cell Market" is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. Thisโ€ฆ
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast by 2026 | Exclusive Report by Facts & Factors
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast โ€ฆ
The Energy Meter Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. Request Access Full Report is Available @ https://www.fnfresearch.com/energy-meter-market The report titled Energy Meter Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This covers market demands, majorโ€ฆ

All 5 Releases


More Releases for Hemoglobinopathies

Genetic Inheritance Driving Growth in Hemoglobinopathies Treatment Market: A Key โ€ฆ
The Hemoglobinopathies Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current Hemoglobinopathies Treatment Market Size and Its Estimated Growth Rate? The hemoglobinopathies treatment market has experienced strong growth in recent years. It will increase from $9.01 billion in 2024 to $9.94 billionโ€ฆ
Hemoglobinopathies Market Future Prediction Report By 2032
โ€‹โ€‹โ€‹In 2023, the global hemoglobinopathies market was valued at approximately USD 9.11 billion. Projections indicate that by 2032, the market will reach around USD 26.72 billion, reflecting a compound annual growth rate (CAGR) of 12.7% from 2024 to 2032. Hemoglobinopathies Market Overview The hemoglobinopathies market is experiencing significant growth due to the increasing prevalence of genetic disorders such as sickle cell disease and thalassemia. Advancements in diagnostic techniques, including genetic testing andโ€ฆ
Genetic Inheritance Driving Growth in Hemoglobinopathies Treatment Market Driver โ€ฆ
How Is the Hemoglobinopathies Treatment Market Projected to Grow, and What Is Its Market Size? The market size for hemoglobinopathies treatment has witnessed significant expansion in the preceding years. It is expected to enlarge from a value of $9.01 billion in 2024 to $9.94 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.3%. The considerable growth during the historical period is credited to factors such as scientific breakthroughs,โ€ฆ
North America Hemoglobinopathies Market Report Analysis 2032
1. Introduction Definition and Overview of Hemoglobinopathies Hemoglobinopathies are a group of inherited disorders characterized by abnormal production or structure of hemoglobin, the protein in red blood cells responsible for carrying oxygen throughout the body. The most common types include sickle cell anemia and thalassemia, which can lead to severe health complications such as anemia, pain, and organ damage. Importance of Studying Hemoglobinopathies Market in North America Studying the hemoglobinopathies market in North Americaโ€ฆ
Hemoglobinopathies Treatment Market Size and Forecast to 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Hemoglobinopathies Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $13.2 billion In 2028 Atโ€ฆ
Europe Hemoglobinopathies Market Size & Forecast, 2024-2032
The European hemoglobinopathies market is on the cusp of significant expansion, driven by a combination of technological advancements, increased awareness, and strategic initiatives. Hemoglobinopathies, which include disorders such as sickle cell disease and thalassemia, pose considerable public health challenges across Europe. This comprehensive analysis will explore market trends, segmentation, growth factors, recent developments, competitor landscape, key players, and provide answers to frequently asked questions, culminating in a detailed look atโ€ฆ