Press release
Blood Coagulants Market by SOBI, Pfizer Inc., Bayer AG, Octapharma, and CSL Limited and More by 2023
The Middle East & Africa Blood Coagulant Market growth is majorly attributed to increasing prevalence of the bleeding disorders, rising funding, healthcare insurance coverage, and awareness programs for bleeding disorders. On the other hand, there are certain factors that also hinder the growth of this market such as lack of R&D capabilities in the regions, presence of counterfeit drugs, and lack of awareness in most of the parts of developing and underdeveloped countries in the region.Blood Coagulants Market Scenario:
Coagulation is the process, by which blood changes from a liquid to a gel, forming a blood clot. In general terms, coagulation is a process in which the blood forms clots to block and then heal a lesion/wound/cut and stop the bleeding. The Middle East & Africa blood coagulant market growth is majorly attributed to increasing prevalence of the bleeding disorders, rising funding, healthcare insurance coverage, and awareness programs for bleeding disorders. In the Middle East and Sub-Saharan Africa, bleeding disorders have become a huge problem due to limited screening, ignorance of diseases, and poor access to treatment.
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Key Players for EMEA Blood Coagulants Market:
Some of the major players in this market are: Pfizer Inc. (U.S.), Bayer AG (Germany), Novo Nordisk AS (Dernmark), Shire (Republic of Ireland), SOBI (Sweden), Octapharma (Switzerland), and CSL Limited (Australia).
Blood Coagulants Market Segmentation
The MEA blood coagulants market is segmented on the basis of types, indications, and by country.
On the basis of types, the market is segmented into coagulation factor and others. Coagulation factor is further segmented into recombinant coagulation factor, plasma coagulation factor, and others.
On the basis of indication, the market is segmented into haemophilia, surgery, other bleeding disorders, and others. Haemophilia is further divided into haemophilia A and haemophilia B.
On the basis of country, the market is segmented into KSA, UAE, Qatar, Oman, Kuwait, Egypt, and Rest of Middle East & Africa.
Blood Coagulants Market Regional Analysis
The Middle East & Africa blood coagulants market is segmented on the basis of countries into Saudi Arabia (KSA), United Arab Emirates (UAE), Qatar, Oman, Kuwait, Egypt, and rest of Middle East & Africa. Saudi Arabia account for the largest market share of the Middle East & Africa blood coagulants market by countries in 2016. The large share is majorly attributed to increasing prevalence of the haemophilia disease in this country, high usage of the expensive recombinant coagulation factors for the treatment, and high disposable income of the population, and better healthcare facilities in this country.
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Major TOC for Blood Coagulants Market:
1 Report Prologue
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Bleeding disorder and related conditions will push the demands on health systems (Impact weightage 75%)
3.2.2 Rising funding, healthcare insurance coverage, and awareness programs for bleeding disorders are expected to boost the growth of the market (Impact weightage 25%) 15
3.3 Restrains
3.3.1 Lack of R&D capabilities: (Impact weightage 45%)
3.3.2 Counterfeit Drugs (Impact weightage 35%)
3.3.3 Lack of Awareness (Impact weightage 20%)
4 Middle East & Africa Blood Coagulants Market By Type
4.1 Introduction
4.2 Coagulation Factor
4.2.1 Recombinant Coagulation Factor
4.2.2 Plasma Derived Coagulation Factor
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