June 11, 2019
Worldwide Hemophilia A Treatment Market is estimated to observe high growth over 2016-2022, according to the latest research available at Market Study Report LLC, report provides extensively data on market share, growth, trends and forecasts for the period 2016-2022.
Hemophilia A patients are gradually shifting from short acting to several EHL factors, along with changing from on-demand therapies to prophylactics. According to the latest study, the increasing hemophilia A population, coupled with the upsurge in demand for the prophylactics treatments in the developed markets, would produce a huge impact on the global Hemophilia A treatment market growth.
Based on the data compiled by the US Centers for Disease Control & Prevention, hemophilia A generally occurs in one of every 5,000 male births. Hemophilia A is claimed to be around four times as common as hemophilia B. The number of people suffering from hemophilia in the United States is evaluated to be around 20,000. As per credible estimates, 75 percent of people with hemophilia across the globe are still in dire need of adequate treatment, while many have no access to any form of treatment.
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Based on the findings of the report, more than 450 clinical trials for hemophilia A have been reported as of January 2018, with over 50 trials ongoing currently. Of all the trials, over 120 studies have been funded by the pharmaceutical companies. The key players in the Phase 3 trials include BioMarin Pharmaceutical, Alnylam Pharmaceuticals, Sinocelltech Ltd., Hoffmann-La Roche, Sanofi (Genzyme), Jiangsu Chia-tai Tianqing Pharmaceutical Co. Ltd, Pfizer, Octapharma, Novo Nordisk A/S, and LFB USA Inc. among others. As claimed by the market researchers, with the anticipated launch of the promising treatments, the global market is likely to expand significantly in the hemophilia A segment.
Speaking of the approved drugs, the global hemophilia A treatment market is fragmented into Afstyla, Hemlibra, Eloctate, Kovaltry, Kogenate FS, Obizur, and Nuwiq. While, based on care delivery model the market can be segmented into on-demand therapy, Prophylaxis therapy, and Inhibitor therapy. The prophylaxis therapy segment is projected to emerge as the fastest growing market segment, whereas, the on-demand therapy segment is foreseen to contribute nearly 50 percent to the global market over the forecast years.
The report provides the market forecast of the hemophilia A treatment by G7 Countries including the United States, the United Kingdom, France, Germany, Spain, Italy, and Japan. Reportedly, the United States dominates the global market, followed by Europe and Japan. The report cites that the escalating investments in research & development, along with burgeoning drug innovations in this field, would boost market growth in the coming five years.
The global hemophilia A treatment market witnesses a highly competitive market situation, which involves leading market players such as CSL Behring, Biogen, Bayer, Bioverativ, Shire, Sanofi (Genzyme), Alnylam Pharmaceuticals, Hoffmann-La Roche, BioMarin Pharmaceutical, Sinocelltech Ltd., Genentech, Octapharma, Novo Nordisk A/S, Jiangsu Chia-tai Tianqing Pharmaceutical Co. Ltd, LFB USA Inc., and Pfizer.
The latest report entails an exhaustive analysis of the global market drivers, challenges, and opportunities, in addition to the current market scenario & future trends.