Global Hemoglobinopathies Market:Helps In Understanding the Key Product Segments and Their Future By 2024

Global Hemoglobinopathies Market: Overview

Hemoglobinopathies refer to a group of genetic disorders that lead to abnormal production or structural defects in the hemoglobin molecule. Hemoglobinopathies are among the most common types of inherited diseases around the globe and thus form one of the world’s major health concerns. Most commonly observed in parts of Africa, Asia, and the Mediterranean area, hemoglobinopathies have recently become much more common in certain European countries and other parts of the world owing to international immigration. Some of the most common types of hemoglobinopathies are sickle-cell anemia, hemoglobin S-C disease, hemoglobin E disease, hemoglobin barts, hemoglobin C disease, and a variety of thalassemia.

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Symptoms of hemoglobinopathies start showing before the age of one, with developmental disorders and chronic hemolytic anemia. The main issues include sickle-cell crises that can affect the thorax, abdomen, back, CNS, and extremities in particular. Patients are also highly susceptible to infection, primarily by mycoplasmae, klebsiellae, hemophilus, salmonellae, and pneumococci. When left untreated, hemoglobinopathies can be fatal and lead to serious organ damage. Nevertheless, optimal treatment can give patients life expectancy of 50-60 years.

Global Hemoglobinopathies Market: Key Trends and Opportunities

The rising prevalence of hemoglobinopathies worldwide has led to increased attention by government bodies and research institutes toward finding efficient methods of diagnosis and treatment of the conditions. Government interventions through funds for national control programs and increased expenditures on research activities, especially in developing and under-developed countries, are some of the most crucial drivers for the global hemoglobinopathies market. However, lack of awareness regarding the disease in these parts is a major factor hampering the market to a certain extent.

The report presents a detailed overview of the global hemoglobinopathies market and analyzes the current state of the market and its crucial segments. By analyzing the impact of key drivers, restraints, and trends with the help of industry-best analytical methods and inputs from industry experts, the report forecasts the growth prospects of the market and its segments over the period between 2016 and 2024.

The report examines the state of various diagnostic methods and treatments available in the market for some of the major types of hemoglobinopathies. It presents an overview of technological developments and various distribution channels for the treatment of hemoglobinopathies in the global market. The report also provides a region-based overview of these segments for presenting a much detailed overview of the market.

Global Hemoglobinopathies Market: Region-wise Outlook

Hemoglobinopathies are highly prevalent in countries with higher population base which also face the problem of lack of efficient health care facilities and awareness about proper treatment of these conditions. As such, the most lucrative regional markets for hemoglobinopathies diagnosis and treatment are Africa and Asia Pacific.

Nevertheless, the rising prevalence of hemoglobinopathies in developed regions such as North America and Europe presents the global hemoglobinopathies market vast growth opportunities in these regions as well. The market for diagnosis and treatment of sickle cell anemia has huge growth potential in North America, where the prevalence of the condition has increased at a worrisome rate in the past few years.

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Global Hemoglobinopathies Market: Competitive Landscape

The competitive landscape of the global hemoglobinopathies market features a large number of pharmaceutical companies that have invested large funds toward the research and development of hemoglobinopathies diagnostic and treatment methodologies. Some of the most prominent vendors in the market are Gamilda Cell, Alnylam Pharmaceuticals, Biogen Idec, Sangamo Biosciences, Cipla Limited, Alkem Laboratories, Errant Gene Therapeutics, PerkinElmer Inc., and Bio-Rad Laboratories, Inc.

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