The hemophilia market is anticipated to grow at a CAGR of 6.0% during the forecast period. Hemophilia is a type of inherited bleeding disorder in which the patient experiences difficulty in the natural blood clotting process of the body after an injury. Hemophilia is a genetic disorder in general, however, in rare cases, patients can develop hemophilia later in life. The general treatment of hemophilia involves the replacement of the missing blood clotting factor which is done by infusing commercially prepared factor concentrates. The hemophilia is diagnosed by certain blood tests, clotting factor tests, also called factor assays done by the trained physicians.
Increasing access to its diagnosis is anticipated to fuel the growth of the hemophilia market. Moreover, the overall improvement in the hemophilia patient care system in recent years will significantly fuel the growth of the market. However, the high cost associated with the therapies and drugs used for the treatment is anticipated to hamper the growth of the hemophilia market. Moreover, in the upcoming period, the chances of the introduction of biosimilar are very few. Due to this, no significant drop in drug costs can be expected during the forecast period. Besides, the negative impacts of plasma-derived products on the health of the patient will also lower the adoption of plasma therapy for the treatment. In addition, as hemophilia is a rare disease, it is quite challenging for the companies to find patients to rollout in the clinical trials for new drugs of hemophilia.
Segmental Outlook
The global hemophilia market is segmented based on type, therapy, and product type. Based on the type, the market is sub-segmented into hemophilia A, hemophilia B, and others. Based on the therapy, the market is sub-segmented into replacement therapy, gene therapy, and others. Further, based on the product type, the market is bifurcated into recombinant coagulation factor concentrates and plasma-derived coagulation factor concentrates.
The hemophilia A segment will hold the major market share
The hemophilia A segment is anticipated to hold a major market share all across the globe. hemophilia A is also known as classic hemophilia is caused by the missing or defective clotting protein called factor VIII. According to the Center for Disease Control and Prevention (CDC) hemophilia A is about four times as common as hemophilia B, and about half of those suffering from hemophilia A have a severe form of it which is expected to provide a considerable market share during the forecast period.
Global Hemophilia Market Share by Type, 2019 (%)
Regional Outlooks
The global hemophilia market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold the largest market share in the hemophilia market during the forecast period. The high cost of treatment and the ability to expend that much amount is the key reason for the significant market share of the region. In the US, the treatment cost of hemophilia can reach up to $1 million in some cases. High insurance coverage and a high diagnosis rate are also supporting the significant market share of the region. Moreover, the strong presence of key market players with the continuous expansion of their product portfolio is also anticipated to drive the hemophilia market across the region.
Global Hemophilia Market Growth, by Region 2020-2026
Asia-Pacific will augment with the lucrative growth rate in the hemophilia market
Asia-Pacific is anticipated to show the lucrative growth rate in the hemophilia market owing to the increasing awareness and diagnosis of hemophilia across the region. Additionally, the increasing access of patients to the technologically advanced therapies and drugs is also increasing in the region. Moreover, the surge in medical research activities across the region will also fuel the growth of the hemophilia market in the Asia-Pacific region. However, the high cost of treatment is a major factor hampering the market growth in the region. The World Federation of Hemophilia (WFH) provides treatment of hemophilia in the emerging economies all across the globe. By 2019, 73 countries were receiving assistance from WFH and around 19,800 patients have been treated from the organization. Major countries receiving assistance include China, India, ASEAN, Argentina, Mexico, and so on.
Market Players Outlook
The hemophilia market is a consolidated market. The key players of the Hemophilia market include Baxter International, Inc., BioMarin Pharmaceutical Inc., CSL Ltd., F. Hoffmann-La Roche Ltd., Novo Nordisk A/S, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including merger & acquisition, collaborations with government, funding to the start-ups, and new product launches to stay competitive in the market.
Recent Activities
The Report Covers
1. Report Summary
1.1. Research Business Functions and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Baxter International, Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Bayer AG
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. CSLLtd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. F. Hoffmann-La Roche Ltd.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Novo Nordisk A/S
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Hemophilia Market by Type
5.1.1. Hemophilia A
5.1.2. Hemophilia B
5.1.3. Others (Hemophilia C)
5.2. Global Hemophilia Market by Therapy
5.2.1. Replacement Therapy
5.2.2. Gene Therapy
5.2.3. Others
5.3. Global Hemophilia Market by Product Type
5.3.1. Recombinant Coagulation Factor Concentrates
5.3.2. Plasma-derived Coagulation Factor Concentrates
5.3.3. Other
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alnylam Pharmaceuticals, Inc
7.2. Baxter International, Inc.
7.3. Bayer AG
7.4. BioMarin Pharmaceutical Inc.
7.5. Biotest AG
7.6. Catalyst Biosciences Inc.
7.7. CSLLtd.
7.8. Emergent BioSolutions Inc.
7.9. F. Hoffmann-La Roche Ltd.
7.10. GC Pharma (Green Cross Corp.)
7.11. Genentech Inc. (HEMLIBRA)
7.12. Grifols, S.A.
7.13. Kedrion S.p.A
7.14. Medexus Pharmaceuticals, Inc.
7.15. Nektar Therapeutics
7.16. Novo Nordisk A/S
7.17. Octapharma AG
7.18. Pfizer, Inc.
7.19. Sanofi SA
7.20. Spark Therapeutics, Inc.
7.21. Swedish Orphan Biovitrum AB
7.22. Takeda Pharmaceutical Company Ltd.
1. GLOBAL HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL HEMOPHILIA A MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL HEMOPHILIA B MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY THERAPY, 2019-2026 ($ MILLION)
6. GLOBAL REPLACEMENT THERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL GENE THERAPY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
10. GLOBAL RECOMBINANT COAGULATION FACTOR CONCENTRATES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL PLASMA-DERIVED COAGULATION FACTOR CONCENTRATES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
13. GLOBAL OTHER PRODUCT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
14. NORTH AMERICA HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. NORTH AMERICAN HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
16. NORTH AMERICAN HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY THERAPY, 2019-2026 ($ MILLION)
17. NORTH AMERICAN HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
18. EUROPE HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. EUROPE HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
20. EUROPE HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY THERAPY, 2019-2026 ($ MILLION)
21. EUROPE HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY THERAPY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
26. REST OF THE WORLD HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
27. REST OF THE WORLD HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY THERAPY, 2019-2026 ($ MILLION)
28. REST OF THE WORLD HEMOPHILIA MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
1. GLOBAL HEMOPHILIA MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. GLOBAL HEMOPHILIA MARKET SHARE BY THERAPY, 2019 VS 2026 (%)
3. GLOBAL HEMOPHILIA MARKET SHARE BYPRODUCT TYPE, 2019 VS 2026 (%)
4. GLOBAL HEMOPHILIA MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
7. UK HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC HEMOPHILIA MARKET SIZE, 2019-2026 ($ MILLION)