Press release
Hemophilia Market 2024 - By Size, Share, Regional Growth, Business Insights And Forecast Till 2033
Hemophilia Market
The Business Research Company's Hemophilia Global Market Report 2023 identifies rising occurrence of genetic abnormalities as the major driver for the Hemophilia market's growth in the forecast period. Genetic abnormalities, also known as genetic mutations or genetic disorders, refer to changes in the DNA sequence of an individual's genes that can result in various health conditions and physical traits. Hemophilia treatment aims to prevent or control bleeding episodes, minimize complications and improve the quality of life for individuals with genetic abnormalities.
The hemophilia market size has grown strongly in recent years. It will grow from $12.59 billion in 2023 to $13.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to government initiatives, increased number of hemophilic patients, rising diagnostic screening, increasing awareness about hemophilia treatments. The hemophilia market size is expected to see strong growth in the next few years. It will grow to $19.4 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
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Major competitors in the Hemophilia market are Kedrion S.p.A., Chugai Pharmaceutical Co. Ltd., Pfizer Inc., F. Hoffmann-La Roche AG, Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company.
A key trend in the Hemophilia market includes growing investment efforts in hemophilia care. Investment efforts refer to the allocation of financial resources, research, and development initiatives, as well as healthcare infrastructure improvements aimed at advancing the treatment, management, and overall well-being of individuals living with hemophilia. investment Efforts aim to improve access to hemophilia treatment in developing regions through initiatives and partnerships that increase the patient pool and market size. For instance, in September 2022, the National Hemophilia Foundation (NHF), a US-based nonprofit organization, introduced Pathway to Cures (P2C), a novel venture philanthropy investment fund with an initial funding of $3.5 million. P2C is dedicated to delivering significant and transformative advancements in the field of inheritable blood disorders, leveraging its team's expertise in blood disorder research and benefiting from NHF's valuable connections with scientific research institutions and clinical experts. Therefore, growing investment efforts in hemophilia care will drive the growth of the hemophilia market.
Read More On The Global Hemophilia Market Report Here:
https://www.thebusinessresearchcompany.com/report/hemophilia-global-market-report
The Hemophilia market is segmented -
• By Type: Hemophilia A, Hemophilia B, Hemophilia C, Other Types
• By Treatment: Replacement Therapy, Hemostatic Agents, Desmopressin, Gene Therapy, Other Treatments
• By End-User: Hospitals, Clinics, Home Care Settings, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hemophilia market.
The Business Research Company's "Global Hemophilia Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hemophilia Market Include:
1. Executive Summary
2. Hemophilia Market Characteristics
3. Hemophilia Market Trends And Strategies
4. Hemophilia Market - Macro Economic Scenario
5. Global Hemophilia Market Size and Growth
…………………………………….
32. Global Hemophilia Market Competitive Benchmarking
33. Global Hemophilia Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hemophilia Market
35. Hemophilia Market Future Outlook and Potential Analysis
36. Appendix
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