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Paroxysmal Nocturnal Hemoglobinuria (PNH) Market Size is Attaining a Value of USD 11.7 billion, Advance at a 10.8% CAGR by 2034 - Transparency Market Research

07-25-2024 11:18 AM CET | Health & Medicine

Press release from: Transparency Market Research

Paroxysmal Nocturnal Hemoglobinuria

Paroxysmal Nocturnal Hemoglobinuria

Paroxysmal Nocturnal Hemoglobinuria (PNH) is a rare, life-threatening blood disorder characterized by the destruction of red blood cells, blood clots, and impaired bone marrow function. The condition results from mutations in the PIGA gene affecting the complement system, leading to hemolysis and other serious complications. The PNH market is growing due to advancements in medical research, increased awareness, and the development of targeted therapies. This article explores the current state, trends, and future prospects of the PNH market.

Paroxysmal Nocturnal Hemoglobinuria (PNH) Market (발작성 야간 혈색소뇨증 시장) is expected to grow at a CAGR of 10.8% from 2024 to 2034 and reach US$ 11.7 Bn by the end of 2034

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Overview of PNH Market
The global PNH market is expanding with the introduction of novel therapies and increasing diagnosis rates. The market is segmented by treatment type (complement inhibitors, bone marrow transplants, and supportive treatments), end-users (hospitals, specialty clinics, and research institutes), and geographical regions.

Top Companies:

Alexion Pharmaceuticals, Inc.
Apellis Pharmaceuticals
Genentec, Inc.
Novartis AG
The Takeda Pharmaceutical Company Limited
Kira Pharmaceuticals
F. Hoffman-La Roche AG
Akari Therapeutics PLC
Omeros Corporation
Regeneron Pharmaceuticals, Inc.

Recent Developments in PNH Market
Recent advancements and trends in the PNH market include:

Targeted Therapies: Development and approval of targeted therapies such as complement inhibitors that specifically address the underlying pathophysiology of PNH.
Gene Therapy: Ongoing research into gene therapy approaches aiming to correct the genetic mutations causing PNH.
Improved Diagnostics: Advancements in diagnostic techniques leading to earlier and more accurate diagnosis of PNH.
Patient Support Programs: Implementation of comprehensive patient support programs to improve disease management and patient quality of life.
Collaborative Research: Increased collaboration between academic institutions, pharmaceutical companies, and patient advocacy groups to advance PNH research and treatment.

Drivers of Market Growth
Several factors contribute to the growth of the PNH market:

Increased Awareness: Growing awareness of PNH among healthcare professionals and the public leading to higher diagnosis rates and demand for treatments.
Advancements in Therapies: Continuous advancements in treatment options, particularly the development of complement inhibitors that have transformed the management of PNH.
Research and Development: Significant investments in research and development by pharmaceutical companies to discover and develop new therapies for PNH.
Regulatory Approvals: Favorable regulatory environment with expedited approval processes for orphan drugs, encouraging the development and commercialization of PNH treatments.
Patient Advocacy: Strong advocacy efforts by patient organizations promoting awareness, research funding, and access to treatments.

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Conclusion
The PNH market is poised for significant growth, driven by increased awareness, advancements in therapies, research and development investments, regulatory support, and patient advocacy. Innovations in targeted therapies, gene therapy, diagnostics, patient support programs, and collaborative research are enhancing the potential and efficacy of PNH treatments.

Key Segments Covered

Treatment
Medication
Eculizumab
Ravulizumab
Supplements
Blood Transfusion
Bone Marrow Transplant
Immunosuppressive Therapy

End-user
Hospitals & Clinics
Homecare Settings
Others (Research Institutes, etc.)

Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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