Hemoglobinopathies Market Dynamics, SWOT Analysis and Competitive Insights till 2022

Posted on 2021-10-06 by researchinsights in Healthcare // 0 Comments

San Jose, California , USA, Oct 06, 2021 — /EPR Network/ —

The Hemoglobinopathies Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global Hemoglobinopathies Market size is expected to value at USD 8.82 billion by 2022. The hemoglobinopathies industry is subject to witness a substantial growth due to the growing prevalence of hemoglobinopathies, particularly in underdeveloped economies such as South East Asia, Middle East region, and Africa. In addition, increasing number of high unmet needs for diagnosis and treatment of these disorders is expected to fuel the growth of hemoglobinopathies market over the next seven years. Globally, the hemoglobinopathies industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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Hemoglobinopathy is commonly known as a genetic defect, which results in abnormal structure of single globin chains of the hemoglobin molecule. Hemoglobinopathies are hereditary or inherited single gene disorders. The hemoglobinopathies are also referred as autosomal co-dominant traits disorders. However, lack of awareness among general population and lack availability of healthcare facilities in rural areas in developing economies are considered as major challenges for sustained market growth. Yet, rise in number of research & development activities in European region and favorable laws & regulation by local governments are expected to offer lucrative growth opportunities for industry players over the forecast period.

Rising mortality rate, particularly diseases such as sickle cell disease (SCD) and thalassemia are expected to generate demand for hemoglobinopathies. Additionally, favorable government laws & regulations coupled with growing investment by local governments are estimated to stimulate the growth of hemoglobinopathies market in the near future. Substantial focus has been given towards spreading awareness about diseases such as sickle cell disease (SCD) and thalassemia, and development of Hemoglobinopathies (RuSH) are predicted to boost market growth over the forecast period.

Global Hemoglobinopathies Therapy Outlook (Revenue, USD Million), 2012 – 2022

Thalassemia
Alpha thalassemia
Beta thalassemia
Sickle cell disease
Hemoglobin variants disease

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Top Players Analysis covered in these report

Gamida Cell
Alnylam Pharmaceuticals
Genetix Pharmaceuticals
Anthera Pharmaceuticals
HemaQuest Pharmaceuticals and many others

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