Hemophilia Treatment Market by Type (Hemophilia A, Hemophilia B), Medicines (Octocogalfa, Nonacogalfa, Desmopressin) - Global Opportunity Analysis and Industry Forecast, 2020-2027
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Mar 2020 |
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Hemophilia is a hereditary genetic disorder which impairs body’s ability to control coagulation or blood clotting. In this disease, clotting factors control bleeding from a broken vessel is deficient; therefore, coagulation does not occur. Of the two types of hemophilia, hemophilia A has higher prevalence compared to the other variant hemophilia B. . Acquired hemophilia is a rare non genetic form of hemophilia in which autoantibodies develop against the plasma coagulation factor. The development of novel coagulating factors and technological advancements are driving the growth of this market. Lack of available medicines, awareness of this disease and high cost of treatment are the major restraining factors in this market. The advancements in gene therapy and approaching approval of drugs for treatment of hemophilia provide growth opportunities in this market.
Global hemophilia treatment type market analysis
On the basis of type of hemophilia, this market can be classified into hemophilia A and hemophilia B. The market for hemophilia A is largest due to high prevalence rate of this variant of hemophilia.
Global hemophilia treatment medicine market analysis
On the basis of medicines used for treating hemophilia, this market is classified into octocogalfa, nonacogalfa, desmopressin and others. Many market players are focusing on gene therapy and there are many drugs in pipeline awaiting approval.
Hemophilia treatment geography market analysis
On the basis of geography, this market is classified into North America, Europe, Asia-Pacific and rest of the world (RoW). Presently, North America is the major contributor to the revenues generated in this market. Due to increasing medical tourism, Asia-Pacific region is expected to emerge as the largest market for hemophilia treatment market.
Competitive Landscape
The major market players contributing to this market are Bayer AG, Pfizer Inc., Baxter International Inc. Biogen Idec, Inc. and Swedish Orphan Biovitrum AB. The companies are focusing on approval of their drugs that are in the pipeline for treating hemophilia.
High level analysis
The report analyzes global hemophilia treatment market using Porter’s five forces model. Porter’s model explains the constitution of industry and helps in analyzing the bargaining power of buyers and suppliers. In this market, high initial capital investment may be a threat for new entrants.
Key Benefits
- This report gives a pin-point analysis of market dynamics. It analyzes the limitations in this market and also describes the growth opportunities.
- In this report estimations are made by considering present market conditions and future market potential for the period 2014-2020.
- The market for treatment of hemophilia is segmented based on the medicines used to give understanding about current scenario of available drugs and to understand the need for novel therapies
- The industrial scenario is analyzed using Porter’s five forces model, which will help in understanding the market and formulation of new strategies.
Key market Segments
The global hemophilia market is classified based on its types, medicines used and geography.
Market by Type
- Hemophilia A
- Hemophilia B
Market by Medicines
- Octocogalfa
- Nonacogalfa
- Desmopressin
- Others
Market by Geography
- North America
- Europe
- Asia-Pacific
- RoW
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