Sickle Cell Disease Treatment Market Size, Share Analysis, Outlook Report, Trends, Growth Forecast 2024-2033

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Sickle Cell Disease Treatment Global Market Report 2023 identifies The increasing demand for blood transfusions as the major driver for the Sickle Cell Disease Treatment market's growth in the forecast period. A blood transfusion is a medical procedure in which blood or blood products are given from one person (the donor) to another (the receiver). Blood transfusions are a crucial part of treatment for sickle cell disease (SCD) patients because they improve blood's ability to carry oxygen and lessen the difficulties associated with vaso-occlusion.

The sickle cell disease treatment market size has grown rapidly in recent years. It will grow from $2.46 billion in 2023 to $2.95 billion in 2024 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to disease understanding, blood transfusions, pain management, hydroxyurea therapy.The sickle cell disease treatment market size is expected to see rapid growth in the next few years. It will grow to $5.75 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%.

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Major competitors in the Sickle Cell Disease Treatment market are Sun Pharmaceutical Industries Ltd., Pfizer Inc., Johnson & Johnson Private Limited, Merck & Co Inc., Novartis AG

A key trend in the Sickle Cell Disease Treatment market includes Innovative Product. Major companies operating in the sickle cell disease treatment market are focusing on adopting new product approvals to sustain their position in the market. Drug approval for sickle cell disease treatment is to provide effective treatment options for patients with this lifelong condition. For instance, in December 2021, Global Therapeutics Inc., a US-based biopharmaceutical company, announced the U.S. FDA granted rapid approval for Oxbryta (voxelotor) tablets. These tablets are used to treat sickle cell disease (SCD) in children between the ages of 4 and 11 years. For kids with SCD, Oxbryta is the only FDA-approved medication that specifically prevents sickle hemoglobin polymerization, the underlying cause of sickling and red blood cell destruction in SCD.

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The Sickle Cell Disease Treatment market is segmented -
•By Treatment Modality: Blood Transfusion, Pharmacotherapy, Bone Marrow Transplant
•By Disease Type: Sickle Cell Anemia, Hemoglobin Sickle C Disease (HbSC), Other Disease Types
• By Route Of Administration: Oral, Parenteral
• By End-User: Hospitals, Specialty Clinics, 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 Sickle Cell Disease Treatment market.

The Business Research Company's "Global Sickle Cell Disease Treatment 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 Sickle Cell Disease Treatment Market Include:
1. Executive Summary
2. Sickle Cell Disease Treatment Market Characteristics
3. Sickle Cell Disease Treatment Market Trends And Strategies
4. Sickle Cell Disease Treatment Market - Macro Economic Scenario
5. Global Sickle Cell Disease Treatment Market Size and Growth
......
32. Global Sickle Cell Disease Treatment Market Competitive Benchmarking
33. Global Sickle Cell Disease Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sickle Cell Disease Treatment Market
35. Sickle Cell Disease Treatment Market Future Outlook and Potential Analysis
36. Appendix

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