Hemophilia Treatment Market Trends in-Depth Analysis by Industry Top Players 2019-2026: Bayer AG, Sanofi, Takeda, Octapharma, Baxter, Grifols S.A.
As per Market Industry Reports (MIR) research findings, standardized, scalable, integrated hemophilia treatment solutions set to open new avenues for stakeholders.
Global hemophilia treatment market is estimated to be over US$ 11.2 Bn in 2018. It is anticipated to grow at 5.7% CAGR from 2019 to 2026.
Growth in hemophilia treatment market can be attributed to several factors such as increasing prevalence of hemophilia worldwide, extensive research and development for improving diagnosis and treatment of hemophilia and large pool of pipeline products for efficient treatment of hemophilia. For instance, Spark Therapeutics entered into collaboration with Pfizer for advancing and developing products to treat hemophilia using gene therapy such as SPK-FIX.
The global Hemophilia Treatment market is largely governed by prominent players such as Baxter, Grifols S.A., CSL Ltd., Novo Nordisk A/S, Kedrion S.p.A, Pfizer Inc., Bayer AG, Sanofi, Takeda, Octapharma among others.
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Reimbursement offered by government agencies and pharmaceutical companies in specific regions have contributed in extensive growth of the global hemophilia treatment market. For instance in England, all services and treatments for hemophilia are paid directly by NHS England through specialized services.
- Hemophilia A
- Hemophilia B
- Others [Von Willebrand disease (VWD), Other Factor Deficiencies and Others]
- Replacement Therapy
- ITI (Immune Tolerance Induction) Therapy
- Gene Therapy
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From a regional perspective, Europe is expected to witness highest CAGR in the coming years due to increasing prevalence of hemophilia A, launch of new products and rising investment for the production of novel and more efficient treatment for hemophilia. For instance, Ireland is the first European country that substituted their hemophilia A and B treatment from clotting factors which are short lived to new generation extended half-life (EHL) therapies. North America has the largest share of the hemophilia treatment market. The large share of this market segment can be attributed to the increasing healthcare research facilities and growing recombinant coagulation factor concentrate products in the U.S. as well as Canada.
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