Sickle Cell Diseases Treatment Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2016 and Forecast 2017-2024

Global Sickle Cell Diseases Treatment Market: Drastic reduction of total RBC count is called as anaemia. It is also defined as inability of carrying the appropriate amounts of oxygen by blood. Sickle cell diseases are the type of blood disorders which are genetically inherited. Sickle-cell anaemia is the common type of SCD in which sickle shaped cell is formed. Generally sickle cell disease starts taking shape at early age i.e., within a year after birth which leads to several health issues like attacks of pain which is also called as sickle-cell crisis, limbs swelling, bacterial infections etc. Chronic pain can be developed along with the age. Sickle-cell diseases arises when an individual inherited by abnormal copies of Hg gene from the each parent.

Sickle cell disease treatment market is driven by the increasing prevalence of sickle cell anaemia in the developed, developing as well as under developed economies. In addition to this unmet needs are highly available, rise in product pipelines for the treatment of SCD is anticipated to pose great demand for the market. Sickle cell disease treatment market is propelled by rising support by the regulatory bodies and government in the form of investments, fast track approvals for the discovery of newer treatments. Sickle cell anaemia treatment market is restrained by slow adoption of treatments due to the cost associated with it, the absence of a permanent cure for this disease and complications associated with treatment.

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Sickle Cell Diseases Treatment Market is segmented on the basis of disease type, therapy, drug class, distribution channel, and geography.

On the basis of disease type, the global sickle cell disease market treatment is segmented as:
• Sickle beta thalassemia
• Sickle hemoglobin C disease
• Sickle cell anemia
• Others

On the basis of therapy, the global sickle cell disease treatment market is segmented as:
• Bone Marrow Transplant
• Blood Transfusion
• Gene Therapy

On the basis of the drug class, the global sickle cell disease treatment market is segmented as:
• Antibiotics
• Analgesics
• Antimetabolite (Hydroxyurea)
• Others

On the basis of the distribution channel, the global sickle cell disease treatment market is segmented as:
• Hospital Pharmacies
• Retail Pharmacies
• Others

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Burgeoning prevalence of sickle cell disease has expected to drive the market. As per Centre for Disease Control and Prevention, in 2016, about 100,000 individuals in U.S. are affected by the sickle cell diseases. Black or the African Americans are commonly more susceptible to sickle cell diseases. One in thirteen babies who belongs to the black race are born with SCD’s. Researchers has moved ahead to treat SCD by antibiotics to genome level. Researchers from the Stanford School of Medicine corrected the genes successfully which are carrying gene for SCD and transplanted them with the healthy cells. With the help of Clustered Regularly Interspaced Short Palindromic Repeat technique (CRISPR), researchers has replaced the SCD cell genes with one which doesn’t carry those genes. In 2016, Infosys has donated USD 1.11 million for the stem cell research to develop gene therapies for the disorders like haemophilia and sickle cell disease.

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Based on the geographical regions, global sickle cell diseases treatment market is segmented into Latin America, Europe, North America, the Middle East and Africa, and Asia Pacific. North America is dominating the sickle cell anaemia treatment market due to the increase in activities in R&D, high accessibility of developed healthcare infrastructure, and high reimbursement policies are attributing for the growth of the SCD treatment market in the region. Owing to the high prevalence rate of disease in Asia pacific and African regions is favouring the growth of SCD treatment market. Asia-Pacific is one of the speedy growing market due to the funding of the various industry players for stem cell research

Some of the sickle cell disease treatment providers are Biogen (U.S.), Gamida Cell (Israel), Genetix Pharmaceuticals Inc. (U.S.), Sangamo Biosciences (U.S.), Alnylam Pharmaceuticals, Inc. (U.S.), Acceleron Pharma (U.S.), Global Blood Therapeutics Inc. (U.S.), Emmaus Medical, Inc. (U.S.), Novartis AG (Switzerland) and Bristol-Myers Squibb Company (U.S.).

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