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Polycythemia vera (PV) is a syndrome characterized by an increase in the number of red blood cells in the bloodstream acquired from various sources. Visible symptoms include itching, headache, dizziness, fatigue, blind spots, leukemia, and even heart attack in a few cases due to an unusual thrombotic event. As per reports, the disease is known to occur in men more often above the age of 60. Comorbidities of polycythemia vera include peptic ulcers, blood clots, gout, acute myeloid leukemia, myelodysplastic syndrome, and splenomegaly. In the absence of a proper therapy, survival rates in patients suffering from the disease comes down to as low as 3 years with the number stretching to 14 years for patients with a healthy metabolism.
The diagnosis consists of testing the bloodstream for presence of excess levels of a hormone known as erythropoietin as well as mutations in JAK2. As a first line diagnostics procedure, the professional may perform a procedure known as complete blood count to see whether the number of red blood cells are higher than normal. Treatment of polycythemia consists of a blood thinning techniques such as phlebotomy and low-dose aspirin. Phlebotomy helps in reduction in the possibility of life threatening events such as heart attack, stroke, pulmonary embolism, acute leukemia, and hypertension.
COVID-19 Impact Analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the polycythemia vera market.
Top Impacting Factors
Key Market Trends
Key Benefits of the Report
Questions Answered in the Polycythemia vera Report
Polycythemia Vera Market Report Highlights
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Key Market Players | Miragen Therapeutics, ANP Technologies, Novartis, Promedior, Hoffman La Roche Ltd, AOP Orphan Pharmaceuticals AG, PharmaEssentiaI, Imago Biosciences, Galena Biopharma, Inc., Jakafi Ltd., Incyte Corporation |
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