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Acquired Hemophilia Treatment Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Forecast 2033
The Business Research Company recently released a comprehensive report on the Global Acquired Hemophilia Treatment Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, the acquired hemophilia treatment market size has grown strongly in recent years. It will grow from $11.47 billion in 2023 to $12.2 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increasing ageing population, improved diagnostics and awareness, expanding patient pool, collaborative research initiatives, regulatory support and approvals..
The acquired hemophilia treatment market size is expected to see strong growth in the next few years. It will grow to $14.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growing global population, rising healthcare investments, personalized medicine trends, international collaborations in research, increasing healthcare awareness, regulatory support for orphan drugs.. Major trends in the forecast period include enhanced monitoring and diagnostic technologies, collaboration for patient support programs, research on gene therapy approaches, increased utilization of immune tolerance induction, telemedicine for remote consultations..
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Market Drivers and Trends:
A growing number of ongoing clinical trials is expected to propel the growth of the acquired hemophilia treatment market going forward. Clinical trials are research studies conducted with human participants to evaluate the safety and effectiveness of new medical treatments, interventions, or diagnostic procedures. Clinical trials assess the safety and efficacy of new treatments for acquired hemophilia, advancing research to improve patient outcomes and establish effective therapeutic interventions. For instance, in October 2023, according to ClinicalTrials.gov, a part of the National Institutes of Health (NIH), a US-based government agency responsible for conducting and supporting medical research, the number of registered studies increased from 437,523 in 2022 to 468,457 in all 50 states of the United States and across 221 countries. Moreover, it was reported that 143,613 studies (31% of the total) are registered in the U.S. only, while 251,159 studies (54% of the total) are registered in non-U.S. locations. Therefore, a growing number of ongoing clinical trials is driving the growth of the acquired hemophilia treatment market.
Major companies operating in the acquired hemophilia treatment market are focused on providing drugs with additional measures and getting them approved to sustain their position in the market. Drug approvals to include routine prophylaxis are increasing, mainly due to the need for more effective and safer. For instance, in June 2022, Chugai Pharmaceutical, a Japan-based drug manufacturer received extended approval from Japan's Ministry of Health, Labor and Welfare, to expand its use of Hemlibra (emicizumab) to include routine prophylaxis measures aimed at reducing or minimizing the occurrence of bleeds in individuals with acquired hemophilia A. Following this approval, additional measures to promptly manage and control bleeding shortly after diagnosis were allowed using Hemlibra, a bispecific antibody that binds simultaneously to two key targets, factor IX and factor X binding sites in the blood clotting process.
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Major Key Players of the Market:
Pfizer Inc., Roche Holding AG , Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Sanofi SA, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Amgen Inc., Novo Nordisk A/S, Baxter Healthcare Corporation, Teva Pharmaceutical Industries Ltd., Mylan NV, Biogen Inc., CSL Limited , Grifols SA, Genentech Inc., Octapharma AG, Ferring Pharmaceuticals BV, Shire plc, BioMarin Pharmaceutical Inc., Sobi Inc., Kedrion Biopharma Inc., Chugai Pharmaceutical Co. Ltd., Spark Therapeutics Inc., Medexus Pharmaceuticals Inc., UniQure NV, Catalyst Biosciences Inc., Hema Biologics LLC, BioXcel Corporation
Acquired Hemophilia Treatment Market 2024 Key Insights:
• The acquired hemophilia treatment market is expected to grow to $14.88 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
• Growing Number Of Clinical Trials Fuels Acquired Hemophilia Treatment Market Growth
• Expansion of Routine Prophylaxis Measures in Acquired Hemophilia Treatment Market
• North America was the largest region in the acquired hemophilia treatment market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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