Global “Thalassemia Market” report offers an overview of the market size, share, trends, drivers, and barriers with respect to the Thalassemia Industry. Latest report on the global Thalassemia market is a compilation of key market insights and discusses key market dynamics such as drivers, restraints, and opportunities at length. It also provides a comprehensive overview of the market of different regions across North America, Europe, Asia Pacific, South America, Africa and Others.
The Thalassemia Market report discusses the primary industry growth
drivers and challenges that the vendors and the market as a whole face and
provides an overview of the key trends emerging in the market. It also talks
about the market size of different segments and their growth aspects along with
key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and
Africa regions.
Significant Features that are under Offering and Key Highlights of the
Reports:
• Detailed overview of Thalassemia Market
• Changing market dynamics of the Thalassemia industry
• In-depth market segmentation by Type, Application etc
• Historical, current and projected market size in terms of volume and
value
• Recent Thalassemia industry trends and developments
• Competitive landscape of Thalassemia Market
• Strategies of key players and product offerings
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The global thalassemia market size is predicted to value
at USD 3.53 billion by 2022, during the forecast period. The market is subject
to observe a substantial growth due to the rise in occurrence of thalassemia
diseases, and high-end demand for global cure. The factors driving the growth
of the thalassemia industry are rising awareness about genetic disorders, and adoption
of modern techniques in healthcare sector. The increase in incidences related
to the thalassemia are expected to grow in different region of the globe due to
factors such as growing populace immigration, mixed race marriages, hereditary
and environmental influences are the leading causes for expansion of the market
during the forecast period. Globally, the thalassemia market is predicted to
grow at CAGR of 10.8% in forecast period, providing numerous opportunities for
market players to invest for research and development in the thalassemia
industry.
Most of the medicines that are consumed and prescribed to
treat thalassemia are only capable of curing symptoms and their implication on
the body similar to anemia, rise of iron in blood and lack of essentials
vitamin in the human body. The treatment for thalassemia is still considered as
non-viable despite, latest methodologies. These factors are hampering the
market growth for thalassemia in recent years. Currently, the treatment
associated with thalassemia is limited only to blood transfusion techniques and
iron chelation therapy. Though, the advent of gene therapy has shown
significant capabilities to cure thalassemia diseases in short duration of
time, reenergizing growth of thalassemia market in upcoming years.
Thalassemia is considered as a hereditary blood disease
caused due to variable production of hemoglobin in human body. Patients
suffering from thalassemia disorder cannot produce required hemoglobin for
proper functioning that leads to the severe cases of anemia. Hemoglobin present
in the red blood cells is responsible for oxygen supply to various parts of the
body. Due to the lack of hemoglobin in blood cells, enough oxygen is not
supplied to the body part for proper functioning. Thus, the body organs turn
weak and fragile due to insufficient oxygen commonly, thalassemia disorder is
classified in two types such as alpha thalassemia disorder and beta thalassemia
disorder. Critical importance is given to treatment of the beta thalassemia
disorder due its severe effects. The beta thalassemia is also termed as
Cooley’s anemia. The symptoms associated with the diseases starts appearing
during two to three years from date of occurrence, these symptoms include pale
skin, lack of hunger, irritability, and lack of growth. The common treatment
associated with the disorder is routinely blood transfusions and iron chelation
technique. In thalassemia disorder, there is substantial amount of iron
production in the body due to adverse effects of disease.
Treatment or therapy of the thalassemia solely relies on
the level of severity in the patients. Majorly for alpha thalassemia disorders
or mild forms of the disease condition, basic medication along with proper
counseling is preferred. While in severe cases, a full-fledged treatment is
required involving treatment blood transfusion, iron chelation therapy to
maintain concentration of iron in the blood. This can be achieved with use of
drugs, for example, deferoxamine and deferasirox.
The thalassemia industry is divided into regional market
segment such as North America, Europe, Asia-Pacific, Latin America and Africa.
North America has shown major growth in recent years owing to the rise in
adoption of latest technologies for treatment of genetic disorders and
existence well-established healthcare infrastructure. Europe region is
predicted to hold major market share in the thalassemia market with massive
growth in forecast period. Countries such as Italy, Germany and France are leading
the European market with increase in the occurrence of thalassemia diseases and
growing investment by leading industry players due to potential opportunities
in the region.
The key players in the thalassemia industry are bluebird
Incorporations, Acceleron Pharma Incorporations, Celgene Co., Incyte Co.,
Gamida Cell, Kiadis Pharma Co., La Jolla Pharmaceutical Company, and IONIS Co.
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