As per this study, the Global Sickle Cell Disease Treatment Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Sickle cell disease is a hereditary blood disorder characterized by rigid, abnormal, sickle-shaped red blood cells (RBCs). It is caused due to a mutation in beta-globin gene. The current treatment for sickle cell disease (SCD) consists of hydroxycarbamide and blood transfusion treatment. Most of the patients suffering from SCD are blood transfusion dependent and the only potential curative treatment for SCD is Bone Marrow Transplant (BMT).
The growing patient pool and high unmet medical needs are the key factors for the sickle cell disease treatment (SCD) market growth. Moreover, increasing investment by the government in order to improve the healthcare services are again pushing the market growth. However, the high cost of treatment and unavailability of required drugs are some of the factors that hinder the market growth. Whereas increasing support from government and regulatory bodies by means of research and development and approval of discovering a newer treatment for SCD disorder are some growth factors expected to drive the SCD market during the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sickle cell disease treatment.
The broad sickle cell disease treatment market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Infection Prevention with Vaccination and Antibiotics
- Blood Transfusion
- The Medication Hydroxycarbamide
- A Transplant of Bone Marrow Cells
- Ambulatory Surgical Centers
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for sickle cell disease treatment in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Sickle Cell Disease Treatment Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Sickle Cell Disease Treatment market include Acceleron Pharma, Alnylam Pharmaceuticals, Arena Pharmaceuticals, AstraZeneca, Baxter, Bluebird Bio, Bristol-Myers Squibb, Eli Lilly, Emmaus Life Sciences, Global Blood Therapeutics Novartis, Pfizer, Sangamo Therapeutics. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.