Hemochromatosis (Iron Overload) Disease Treatment Market Size, Latest Trends, Growth Rate, Key Drivers And Forecast To 2033

"The new report published by The Business Research Company, titled ""Hemochromatosis (Iron Overload) Disease Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the hemochromatosis (iron overload) disease treatment market size has grown steadily in recent years. It will grow from $26.85 billion in 2023 to $27.91 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The hemochromatosis (iron overload) disease treatment market size is expected to see steady growth in the next few years. It will grow to $31.69 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%.

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Rising Anemia Prevalence Fuels Growth In The Hemochromatosis (Iron Overload) Disease Treatment Market
The increasing presence of anemia is expected to propel the growth of the hemochromatosis (iron overload) disease treatment market going forward. Anemia is a blood disorder that refers to a reduced number of red blood cells (RBCs) or a decreased amount of hemoglobin in the blood, resulting in an inability to carry oxygen to the body's organs and tissues. Hemochromatosis (iron overload) disease treatment aims to prevent anemia with the help of iron chelator medications by preventing organ damage and complications associated with blood disorders. For instance, in June 2021, according to the Leukemia Foundation, an Australia-based national charitable organization, more than 110,000 people were diagnosed with blood disorders. Further, almost 275,000 Australians are predicted to have blood disorders by 2035. Therefore, the increasing presence of anemia will drive the growth of the hemochromatosis (iron overload) disease treatment market.

Innovative Iron Chelator Medications Drive Advancements In Hemochromatosis Disease Treatment
Major companies operating in the hemochromatosis (iron overload) disease treatment market focus on developing unique treatments, such as iron chelator medications, to address the increasing demand for effective therapies and gain a competitive edge. Iron chelator medication plays a significant role in hemochromatosis (iron overload) disease by binding excess iron in the body and facilitating its removal by forming stable complexes with iron ions. For instance, In September 2021, Chiesi Farmaceutici S.p.A., an Italy-based pharmaceutical company, launched FERRIPROX (deferiprone) in Brazil, the first iron chelation therapy in 15 years, which was approved by the Food and Drug Administration (FDA), a US-based government agency. It is an iron chelator used to treat excess iron levels from blood transfusions in patients with thalassemia syndromes, sickle cell disease, or other anemias. Ferriprox removes extra iron from the body by reacting to it and excreting it in the feces and urine.

The hemochromatosis (iron overload) disease treatment market covered in this report is segmented -

1) By Type: Hereditary Hemochromatosis, Acquired Hemochromatosis
2) By Treatment: Therapeutic Phlebotomy, Iron Chelation Therapy, Other Treatments
3) By End-Users: Hospitals, Surgical Centers, Other End-Users

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Major companies operating in the hemochromatosis (iron overload) disease treatment market report are Pfizer Inc., AbbVie Inc., Novartis AG, Fresenius Kabi AG, Abbott Laboratories, Merck KGaA, Laboratory Corporation, Quest Diagnostics, Chiesi Farmaceutici S.p.A., Apotex Inc., Shire plc, CSL Vifor, ARUP Laboratories, Myriad Genetics Inc., Fulgent Genetics, Ionis Pharmaceuticals Inc., Invitae Corp., Abcam plc., GeneDx, Ambry Genetics, La Jolla Pharmaceutical Company, Silence Therapeutics, PreventionGenetics, DisperSol Technologies LLC., Hinoman Ltd.

Contents of the report:
1. Executive Summary
2. Hemochromatosis (Iron Overload) Disease Treatment Market Report Structure
3. Hemochromatosis (Iron Overload) Disease Treatment Market Trends And Strategies
4. Hemochromatosis (Iron Overload) Disease Treatment Market - Macro Economic Scenario
5. Hemochromatosis (Iron Overload) Disease Treatment Market Size And Growth
…..
27. Hemochromatosis (Iron Overload) Disease Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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