Thalassemia Market Dynamics: 9.8% CAGR Anticipated through 2029


Posted February 22, 2024 by MMRNiranka

Thalassemia Market size was valued at US$ 3.49 Bn. in 2022 and the total revenue is expected to grow at 9.8% through 2022 to 2029, reaching nearly US$ 6.72 Bn.
 
Thalassemia Market Overview

The extensive Thalassemia Market report, undertaken by Maximize Market Research, offers an intricate regional analysis and competitive overview. Projections signal significant market expansion, with revenues projected to elevate from the forecast timeframe. This analysis furnishes valuable insights to businesses and investors aiming to leverage the market’s promising prospects.

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Thalassemia Market Scope and Methodology

The Thalassemia Market report offers insights into current trends, key highlights, drivers, challenges, and restraints. It includes market size estimations and growth rates during the forecast period. Regional analysis provides a holistic view, and the competitive landscape is examined using various parameters. Employing a bottom-up approach, data is collected through primary and secondary sources, and qualitative and quantitative analysis is conducted. Research tools like SWOT, PESTLE, and Porter’s Five Forces enhance market analysis. The report is a valuable guide for investors, stakeholders, and market followers, aiding informed decisions in the Thalassemia Market.

Thalassemia Market Dynamics

By 2029, the Thalassemia Market is expected to reach US $ 6.72 billion, thanks to growth in the industrial product segment. The report analyzes Thalassemia Market dynamics by region and Pipeline industries.

Thalassemia is a rare genetic blood illness marked by the creation of defective hemoglobin, which causes the loss of red blood cells and results in anemia. Currently, the only therapy choices are blood transfusions and iron chelation therapies. This creates a plethora of market prospects for the development of a universal thalassemia treatment. According to the Thalassemia International Federation, around 7.0 % of the world's population is affected by hemoglobin-related diseases and ailments, with 70.0 % having sickle cell anemia and the rest developing thalassemia or other blood disorders. Around 2.1 percent of the world's population has thalassemia in one form or another. Around 4.4 out of every 10,000 live births in the world are affected by this condition.

Thalassemia Market Regional Insights

The Asia-Pacific region capitalizes on urbanization and industrialization, meeting escalating energy needs. Latin America’s potential lies in renewable energy emphasis, with ample resources and government initiatives. Meanwhile, the Middle East & Africa’s growing interest is fueled by energy diversification goals and increasing investments in renewables, underpinned by favorable conditions for sustainable energy adoption. The Thalassemia market’s regional landscape reveals distinctive dynamics. In North America, technological advancements and consumer preferences propel growth, supported by robust distribution networks. Europe’s sustainable focus and stringent regulations drive a steady market expansion.

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Thalassemia Market Segmentation

by Product

Iron Chelating Drugs
Exjade/Jadenu (deferasirox)
Blood Transfusions
Folic Acid Supplements
Others

by Type

Gene Therapy
LentiGlobin

Thalassemia Market Key Players

1. bluebird bio, Inc.
2. Acceleron Pharma, Inc.
3. Celgene Corporation
4. GlaxoSmithKline plc
5. Incyte Corporation
6. Gamida Cell
7. Kiadis Pharma
8. La Jolla Pharmaceutical Company
9. IONIS Pharmaceuticals
10. Acceleron Pharma
11. Novartis AG
12. Pharmaceuticals Inc
13. Alnylam Pharmaceuticals Inc
14. Calimmune Inc
15. CRISPR Therapeutics
16. Editas Medicine Inc
17. Errant Gene Therapeutics LLC
18. Gamida Cell Ltd
19. Gilead Sciences Inc
20. Incyte Corp
21. Ionis Pharmaceuticals Inc

Key questions answered in the Thalassemia Market are:

What is Thalassemia ?
What was the Thalassemia market size in 2022?
What are the different segments of the Thalassemia Market?
What growth strategies are the players considering to increase their presence in Thalassemia ?
What are the upcoming industry applications and trends for the Thalassemia Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Thalassemia Market?
What major challenges could the Thalassemia Market face in the future?
What segments are covered in the Thalassemia Market?
Who are the leading companies and what are their portfolios in Thalassemia Market?
What segments are covered in the Thalassemia Market?
Who are the key players in the Thalassemia market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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Last Updated February 22, 2024