Press release
Sickle Cell Disease Treatment Market Size to Reach USD 8.81 Bn in 2032, Fueled by Rising Disease Incidence
Sickle Cell Disease Treatment Market
Request a Sample Copy of this Report at: https://www.coherentmarketinsights.com/insight/request-sample/7698
Global Sickle Cell Disease Treatment Market Key Takeaways
According to Coherent Market Insights (CMI), the global sickle cell disease treatment market size is expected to expand from USD 3.20 Bn in 2025 to USD 8.81 Bn by 2032, recording a CAGR of 15.6% during the assessment period.
Based on treatment type, blood transfusion segment is anticipated to account for a revenue of about USD 1.37 Bn in 2025.
By age group, adult category is expected to account for nearly 2/5 of the global sickle cell disease treatment market share in 2025.
In terms of route of administration, oral segment will likely account for around USD 1.76 Bn in 2025.
North America is set to retain its market dominance, accounting for more than one-third of the total revenue share in 2025. This can be attributed to strong presence of leading pharmaceutical companies and availability of advanced sickle cell disease treatment options.
As per Coherent Market Insights' latest sickle cell disease treatment market analysis, Asia Pacific is expected to witness fastest growth, owing to rising patient awareness and increasing government support.
Rising Incidence of Sickle Cell Disease Propelling Market Growth
Coherent Market Insights' latest sickle cell disease treatment market report highlights key factors driving the industry's growth. One such driver is the increasing global incidence of sickle cell disease (SCD).
Sickle cell disease (SCD), a hereditary blood disorder, continues to pose a significant global health challenge, especially in developing and underdeveloped regions of Asia and Africa. The rising prevalence of SCD is expected to boost growth of the sickle cell disease treatment market.
According to the Institute for Health Metrics and Evaluation (IHME), around 7 to 8 million people globally live with sickle cell disease. As the number of sickle cell disease cases increases, so will the demand for sickle cell disease treatments.
Patients with SCD are increasingly opting for treatments like blood transfusion and pharmacotherapy to mitigate symptoms and improve quality of life. High spending on these interventions will likely increase the overall sickle cell disease treatment market value.
Limited Access and High Treatment Costs Restraining Market Growth
The future sickle cell disease treatment market outlook appears optimistic, driven by rising prevalence of sickle cell disease and increasing need for safe and effective treatment. However, the market faces challenges like high cost and limited access to advanced sickle cell disease treatments.
Bone marrow transplants, gene therapy, and other advanced therapies are expensive. This deters patients from opting for these treatments, thereby limiting the sickle cell disease treatment market demand.
Low availability of advanced treatments is also limiting sickle cell disease treatment market growth to some extent. SCD-prone regions like Sub-Saharan Africa have an underdeveloped healthcare infrastructure. This hampers to diagnostic tools and specialized treatments, further constraining the expansion of sickle cell disease treatment market.
Purchase Now Up to 25% Discount on This Premium Report @ https://www.coherentmarketinsights.com/insight/buy-now/7698
Increasing Government Initiatives Creating Growth Opportunities
Governments and NGOs across the world are increasingly launching initiatives aimed at improving early diagnosis and treatment. For instance, in July 2023, India's Prime Minister Narendra Modi launched the National Sickle Cell Anaemia Elimination Mission.
The new mission seeks to eliminate sickle cell disease as a public health problem by 2047. It is expected to significantly enhance early diagnosis and treatment of SCD in India. Such initiatives are expected to foster growth of the sickle cell disease treatment market during the assessment period.
Impact of AI on the Sickle Cell Disease Treatment Market
Artificial intelligence (AI) is gradually transforming the SCD treatment landscape. It enhances early detection as well as accelerates clinical therapy development. In diagnostic care, AI-enhanced tools can identify sickle cells with higher accuracy, facilitating early detection.
Similarly, in clinical care, AI algorithms analyzing vitals like heart rate and blood pressure provide more objective pain-level assessments than patient-reported scales. This enables tailored pain management and dosage optimization.
Emerging Sickle Cell Disease Treatment Market Trends
A prominent trend observed in the sickle cell disease treatment industry is the adoption of gene therapy. Patients and healthcare professionals prefer to opt for gene therapies due to their high effectiveness.
Ongoing advancements in genetic therapies, as well as gene-editing technologies like CRISPR-Cas9, are revolutionizing the sickle cell disease treatment industry. These innovations offer a new ray of hope for patients with SCD by aiming to cure the disease at its genetic root, rather than just managing its symptoms.
Sickle cell disease treatment companies are rigorously investing in research and development to create safer and effective pharmacotherapies that target different aspects of SCD. Development and approval of Oxbryta and Adakveo demonstrate this trend. Similarly, new clinical trials are being initiated to explore innovative sickle cell disease treatment options.
Regulatory bodies like FDA and EMA are also contributing to sickle cell disease treatment industry expansion. They are expediting the approval process for sickle cell disease therapies to tackle the global burden.
Get Customization on this Report: https://www.coherentmarketinsights.com/insight/request-customization/7698
Analyst's View
"The global sickle cell disease treatment market is poised to record robust growth, driven primarily by rising prevalence of SCD, increasing diagnostic rates, favorable government support, and advancements in gene therapies," said senior analyst Ghanshyam Shrivastava. "On the other hand, high cost of advanced sickle cell disease therapies and limited availability will likely slow down market growth."
Current Events and Their Impact on the Sickle Cell Disease Treatment Market
Event
Description and Impact
Increasing Prevalence of Sickle Cell Disease in Developing Countries
* Description: Sickle cell disease remains highly prevalent in African and Asian regions.
* Impact: High SCD prevalence across these regions, coupled with improved screening and diagnosis, will drive demand for affordable sickle cell disease treatments.
Rising Government Funding and Support
* Description: Governments are increasing their funding for sickle cell disease research, diagnosis, and treatment.
* Impact: This will lead to accelerated development of new therapies and improved patient access.
Advancements in Gene Therapy for Sickle Cell Disease
* Description: Breakthroughs such as CRISPR-based therapies are showing promising results in clinical trials.
* Impact: High effectiveness of advanced gene therapies in treating sickle cell disease will likely fuel their demand.
Competitor Insights
Key companies in sickle cell disease treatment market research report:
- Teva Pharmaceutical Industries Ltd.
- Emmaus Medical Inc.
- Novartis AG
- Pfizer Inc.
- Agios Pharmaceuticals Inc.
- Daiichi Sankyo Company, Limited
- Bluebird Bio
- Merck & Co., Inc.
- Sanofi S.A.
- Bristol-Myers Squibb Company
- Chugai Pharmaceutical Co., Ltd.
- Celgene Corporation
- GSK (GlaxoSmithKline)
- Amgen Inc.
- Bayer AG
Key Developments
In February 2025, a cutting-edge gene-editing treatment, Casgevy' (exagamglogene autotemcel), was approved by the National Institute for Health and Care Excellence (NICE) for use with NHS patients over the age of 12 with a severe form of sickle cell disease. Developed through a partnership between Vertex Pharmaceuticals and CRISPR Therapeutics, the new gene therapy is based on CRISPR gene editing.
In October 2024, Agios Pharmaceuticals, Inc. completed enrollment of Phase 3 RISE UP study. This study is evaluating the safety and efficacy of Mitapivat in sickle cell patients who are 16 years of age or older.
In April 2024, Pathway to Cures (P2C) partnered with Afimmune to support development of Epeleuton as a potential medication for sickle cell disease.
Market Segmentation
* By Treatment Type Insights (Revenue, USD Bn, 2020 - 2032)
* Blood Transfusion
* Bone Marrow Transplant
* Pharmacotherapy
* Hydroxyurea Therapy
* Oxbryta
* Adakveo
* Pain Management Drugs
* Others
* By Age Group Insights (Revenue, USD Bn, 2020 - 2032)
* Adults
* Pediatric
* Geriatric
* By Route of Administration Insights (Revenue, USD Bn, 2020 - 2032)
* Oral
* Parenteral
* By End User Insights (Revenue, USD Bn, 2020 - 2032)
* Hospitals
* Specialty Clinics
* Homecare Settings
* Others
* By Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
* Hospital Pharmacies
* Retail Pharmacies
* Online Pharmacies
* Regional Insights (Revenue, USD Bn, 2020 - 2032)
* North America
* Latin America
* Europe
* Asia Pacific
* Middle East
* Africa
About Us:
Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Media Contact
Company Name: Coherent Market Insights
Contact Person: Mr. Raj Shah
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=sickle-cell-disease-treatment-market-size-to-reach-usd-881-bn-in-2032-fueled-by-rising-disease-incidence]
Phone: 2524771362
Address:533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
City: Burlingame
State: California
Country: United States
Website: https://www.coherentmarketinsights.com/industry-reports/sickle-cell-disease-treatment-market [http:// https://www.coherentmarketinsights.com/industry-reports/sickle-cell-disease-treatment-market]
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sickle Cell Disease Treatment Market Size to Reach USD 8.81 Bn in 2032, Fueled by Rising Disease Incidence here
News-ID: 4107181 • Views: …
More Releases from ABNewswire
Denver's Best Appliance Repair Responds to Rising Demand for Emergency Appliance …
Denver's Best Appliance Repair expands emergency services across the Denver metro with same-day repairs, 7-day availability, 5-year parts warranty, and professional licensed technicians serving residential and commercial clients.
Household appliance failures don't follow a schedule. When a refrigerator stops cooling in the middle of summer or a washing machine floods a basement on a Sunday evening, families need immediate help. Denver's Best Appliance Repair has responded to this growing need by…
Oak Hill Clinic Reaches 30,000 Client Milestone with Results-Driven Deep Tissue …
Deep Relief in Oak Hill, Austin, has served 30,000 clients through specialized massage, chiropractic, and acupuncture care. The clinic accepts insurance and focuses on results-driven treatments for pain relief.
Deep Relief, an Oak Hill-based wellness clinic, has achieved a significant milestone by serving more than 30,000 clients seeking Relief from chronic pain, muscle tension, and mobility issues. The clinic's success stems from its commitment to advanced, results-focused bodywork that goes beyond…
Vertex Fleet Expands Nationwide Network to Combat Growing Trailer Drop Yard Shor …
Vertex Fleet announces major expansion of secure parking facilities nationwide, addressing the critical shortage of commercial vehicle storage with 15+ new locations featuring 24/7 security and technology-driven access.
The freight and logistics industry faces a mounting crisis as demand for secure parking spaces continues to outpace supply across the United States. Vertex Fleet [https://www.vertexfleet.com/], a leading provider of industrial outdoor storage solutions, has announced significant expansion plans to address this critical…
HVAC in Denver Sees Service Enhancement as Denver's Best Heating and AC Repair L …
Denver's Best Heating and AC Repair expands 24/7 emergency services across 23 metro cities, offering A+ rated heating, cooling, and commercial HVAC solutions with rapid response times and multi-brand expertise.
Denver's Best Heating and AC Repair [https://www.denversbestheatingandacrepair.com/]has expanded its service capabilities to meet growing demand for reliable heating and cooling solutions across the Denver Metro area. The A+ rated contractor now provides 24/7 emergency response services to 23 cities, addressing critical…
More Releases for Sickle
Sickle Cell Disease Treatment Market - Improving Quality of Life: Pioneering Sic …
Newark, New Castle, USA: The "Sickle Cell Disease Treatment Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Sickle Cell Disease Treatment Market: https://www.growthplusreports.com/report/sickle-cell-disease-treatment-market/7808
This latest report researches the…
Sickle Cell Disease Treatment Market - Breaking the Chains of Sickle Cell: Pione …
Newark, New Castle, USA - new report, titled Sickle Cell Disease Treatment Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Sickle Cell Disease Treatment market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Sickle Cell Disease Treatment market. The report offers…
Global Sickle Cell Disease Treatment Market 2023: Sickle Cell Anaemia Anticipate …
The sickle cell disease treatment market is a segment of the broader pharmaceutical industry that is focused on developing treatments for sickle cell disease, a genetic disorder that affects the red blood cells. In 2022, the sickle cell disease treatment market is expected to continue to grow, driven by the increasing prevalence of the disease and the development of new treatments. The market is expected to be worth billions of…
Global Sickle Cell Disease Treatment Market 2023: Sickle Cell Anaemia Anticipate …
The sickle cell disease treatment market refers to the segment of the healthcare industry that produces and markets treatments for sickle cell disease (SCD), a genetic disorder that affects the production of hemoglobin in red blood cells. SCD can cause various complications, including pain, infections, and organ damage, and there is currently no cure for the disease. However, various treatments are available that can help manage the symptoms and improve…
Global Sickle Cell Disease Treatment Market 2023: Sickle Cell Anaemia Anticipate …
The sickle cell disease treatment market refers to the segment of the pharmaceuticals industry that deals with the production and sales of treatments for sickle cell disease. Sickle cell disease is a genetic blood disorder that causes red blood cells to become misshapen and form a sickle shape. This can lead to a range of complications, including anemia, chronic pain, and increased risk of infections.
The market for sickle cell disease…
Global Sickle Cell Disease Treatment Market 2023: Sickle Cell Anaemia Anticipate …
The Sickle Cell Disease Treatment Market is an emerging segment in the healthcare industry. This debilitating disorder affects millions of people around the world, with no known cure available. However, recent advances in research have improved the treatment options for those suffering from sickle cell disease. The Sickle Cell Disease Treatment Market is expected to experience significant growth over the coming years as treatments become more effective and accessible. Several…
