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Sickle Cell Disease Treatment Market on the Rise Projected to Hit USD 6.94 Billion by 2030, Driven by a Strong 18.8% CAGR from 2030 | Key Players- Alnylam Pharmaceuticals Inc, Baxter International Inc, Bristol-Myers Squibb Company

07-26-2024 06:09 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Sickle Cell Disease Treatment Market

Sickle Cell Disease Treatment Market

๐€๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐š๐ง ๐ž๐ฑ๐ก๐š๐ฎ๐ฌ๐ญ๐ข๐ฏ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐ข๐œ๐ค๐ฅ๐ž ๐œ๐ž๐ฅ๐ฅ ๐๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ญ๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ฉ๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐ง๐ž๐ฑ๐ญ ๐๐ž๐œ๐š๐๐ž. ๐ˆ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐š๐ฅ๐ž๐ฌ ๐ข๐ง๐œ๐จ๐ฆ๐ž ๐ซ๐ž๐š๐œ๐ก๐ž๐ ๐”๐’๐ƒ ๐Ÿ.๐Ÿ“๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง. ๐๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐›๐จ๐จ๐ฌ๐ญ ๐š๐ญ ๐š ๐ซ๐จ๐›๐ฎ๐ฌ๐ญ ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ–.๐Ÿ–%, ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ”.๐Ÿ—๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ.

Handling of sickle cell anemia is normally targeted at circumventing pain incidents, mitigating indications, and prohibiting obstacles. Treatments may involve medication and blood transfusion. For some children and teenagers, a stem cell transplant might heal the disease. Gene therapies are also being advanced that might provide restoration for people with sickle cell disease. One of the medications taken is hydroxyurea, which decreases the affliction crises and might decrease the requirement for blood transfusions and hospital stopovers. But it can escalate the probability of infections.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐€ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐“๐จ ๐†๐š๐ข๐ง ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/sickle-cell-disease-treatment-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข The market for sickle cell disease treatment is expanding due to the massive growth in the aggregate of people developing SCD is one of the prominent reasons influencing the market demand for new drugs that can productively convey disease treatment.
โ€ข Haemoglobin issues are inherent blood diseases engendered by the transference of flawed hemoglobin genes from both parents who are usually fit. Each year, approximately 300,000 new born with grave haemoglobin deformities. Therefore, several nation's health government controllers are concentrating on accelerating the permission of inventive therapeutic processes supporting the sickle cell disease treatment market.
โ€ข The escalated existence of sickle cell disease in both advanced and advancing nations is the main propeller of the market in both regions. The government and alternate regulatory bodies are pushing their capital disbursing help for additional advancement and research.

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž

Critical players are acquiring policies such as commodity advancement, compliance, partnerships, and acquisitions to brace their market positions.

Major companies in the sickle cell disease treatment market are noted below:
โ€ข AstraZeneca Plc.
โ€ข Acceleron Pharma
โ€ข Inc.
โ€ข Arena Pharmaceuticals
โ€ข Inc.
โ€ข Alnylam Pharmaceuticals Inc.
โ€ข Baxter International Inc.
โ€ข Bristol-Myers Squibb Company
โ€ข Bluebird bio Inc.
โ€ข Emmaus Life Sciences Inc.
โ€ข Eli Lilly and Company
โ€ข Global Blood Therapeutics Inc.
โ€ข Novartis AG
โ€ข Pfizer Inc.
โ€ข Sangamo Therapeutics

๐‚๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐๐ž๐ฅ๐จ๐ฐ ๐‹๐ข๐ง๐ค ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/1558/2

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž

The regions covered in the report are Europe, North America, Latin America, Asia Pacific, Middle East & Africa.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐’๐ข๐œ๐ค๐ฅ๐ž ๐‚๐ž๐ฅ๐ฅ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ

โ€ข Emergence of Gene Therapy:
CRISPR-Cas9 and Gene Editing: Technologies like CRISPR-Cas9 are being explored to correct the genetic defect that causes SCD, offering potential curative therapies. Clinical trials and research into gene-editing solutions are increasing.
โ€ข Development of Novel Pharmaceuticals:
New Drug Approvals: Recent FDA approvals of drugs like voxelotor and crizanlizumab represent significant advancements in SCD treatment. These drugs focus on reducing hemolysis and vaso-occlusive crises, respectively.
โ€ข Focus on Pain Management:
Chronic Pain Solutions: As pain is a major symptom of SCD, there is increasing research and development in both pharmacological and non-pharmacological pain management strategies.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

By Treatment
โ€ข Blood Transfusion
โ€ข Pharmacotherapy
โ€ข Bone Marrow Transplant

By End-Use
โ€ข Hospitals
โ€ข Specialty Clinics
โ€ข Others

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/sickle-cell-disease-treatment-market

๐’๐ข๐œ๐ค๐ฅ๐ž ๐‚๐ž๐ฅ๐ฅ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Bone Marrow Transplant (BMT) segment is anticipated to grow at a significant CAGR over the forecast period. Only bone marrow transplantation (BMT) can cure SCD. As a result, the preference for BMT is growing throughout North America and Europe. However, the procedure's high cost and difficulties in locating a matched donor restrict the segment's growth.

โ€ข Pharmacotherapy segment accounted for a significant revenue share. The government's significant support for pharmaceutical businesses can be ascribed to the segment's rapid expansion. Because there are currently few therapy choices on the market, the government encourages research through financing and classifications like orphan pharmaceuticals, fast track, issues that will affect, and others.

โ€ข Asia Pacific is expected to grow at a lucrative CAGR over the projected period. Because of a rising patient population and increasing disposable income levels in this region. Furthermore, the expansion of the healthcare system and increasing government efforts would accelerate the market's growth in this region.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐–๐ข๐๐ž-๐ซ๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐จ๐Ÿ ๐๐Œ๐‘'๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

Telehealth Market: https://www.polarismarketresearch.com/industry-analysis/telehealth-market

Hearing Aids Market: https://www.polarismarketresearch.com/industry-analysis/global-hearing-aids-market

Anti-Snoring Devices And Snoring Surgery Market: https://www.polarismarketresearch.com/industry-analysis/global-anti-snoring-devices-and-snoring-surgery-market

Psoriasis Drug Market: https://www.polarismarketresearch.com/industry-analysis/global-psoriasis-drug-market

Anti-Aging Market: https://www.polarismarketresearch.com/industry-analysis/anti-aging-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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