Hemophilia Treatment Market is Unearthed through Growing Number of R & D Projects in Sector
ALBANY, NY, UNITED STATES - Oct 27, 2016 - The research report on the global hemophilia treatment market provides every detail that is critical in understanding the nature of the changing market dynamics. The reports deep market analysis helps all users take informed business decisions. Distinctive and accurate graphs of a six-year forecast help create the complete picture of the global hemophilia treatment market.
Porters Five Force analysis, which is provided in the report, delivers an accurate competitive landscape of all the key companies in the global hemophilia market. The report also provides a SWOT analysis as well as a value chain assessment to completely cover all vital aspects of the market. It also includes a sustainability assessment for top players and new entrants alike through a complete inclusion of micro and macro industry factors.
Overview
The research report on the global hemophilia treatment market provides accurate market descriptions and statistics for the same. Hemophilia A and B are the two major areas of differentiation in the market, and a small minority of developed hemophilia, which is the rarest. Hemophilia A is an X-linked, recessive disorder, with deficiency of functional plasma clotting factor, while hemophilia B is an X-linked, recessive disorder that causes deficiency of functional plasma.
Key reasons of growth of the global hemophilia treatment market are unearthed through the growing number of research and development projects in the sector. This includes advancements in technology, research upon a series of new coagulating factors, and the introduction of new plasma and protein concentrates. There are, however, restraints that threaten to hamper the markets growth. These include a high cost of treatment, variable availability issues in developing nations, and chemical factors such as antibody neutralization.
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Between hemophilia A and hemophilia B, type A has a higher prevalence. The global hemophilia treatment market, therefore, focuses on hemophilia A. The two major regional markets for hemophilia treatment are Europe and North America. Asia Pacific is currently seen by many players as a potential market, but current high costs for the treatment are considered too much by the general public in the mostly developing countries of the region.
Both the leading regions of the global hemophilia treatment market have preferred prophylaxis treatment for severe hemophilia A nearly 40% of times. Western Europe uses prophylaxis nearly 50% of the time, while the U.S. provides it 33% of the time. The Rest of the World faces problems such as a lack of awareness and high price of treatments. Currently, one in every 5,000 newborn children is affected by hemophilia A, while one in every 30,000 is afflicted by hemophilia B.
Companies mentioned
The top companies in the global hemophilia treatment market are Pfizer Inc., Baxter Healthcare Corp., Bayer Healthcare Pharmaceuticals, Inc., Novo Nordisk A/S, and Grifols International SA.