Sickle Cell Anemia Therapeutics Market New Advancement Helps to Achieve USD 7.61 Billion by 2027 Top Key Players till 2027, Covering COVID-19 impact Analysis
Coherent Market Insights released a new market study on 2021-2027 Sickle Cell Anemia Therapeutics Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The research study provides estimates for 2021-2027 Sickle Cell Anemia Therapeutics Market Forecast till 2027*.
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Sickle cell anemia therapeutics include medication, blood transfusions, and sometimes a bone-marrow transplant. Sickle-cell diseases are types of blood disorders which are usually inherited genetically. Currently, hematopoietic stem cell transplant is the only curative therapy available for patients with sickle cell disease. However, hematopoietic stem cell transplant is a rigorous, time-consuming, potentially high-risk procedure; it is only used when the benefits of a cure outweigh the considerable risks of the procedure, and only when a suitable donor is available. One of the common types of sickle cell diseases is the sickle cell anemia.
Therefore, growth of the sickle cell anemia therapeutics market is attributed to the increasing prevalence of sickle cell anemia, especially in the United States. Sickle cell disease is among the most common genetic diseases in the U.S. According to the Centers for Disease Control and Prevention (CDC), sickle cell disease affects around 70,000 to 100,000 people in the U.S. However, the exact number of people living with sickle cell disease in the U.S. is unknown. Thus, with the increasing prevalence of sickle cell anemia, the demand for sickle cell anemia therapeutics is also increasing in this region.
For example, in November 2019, the Food and Drug Administration (FDA) granted accelerated approval to voxelotor (Oxbryta, Global Blood Therapeutics) for adults and pediatric patients 12 years of age and older with sickle cell disease. Moreover, November 2019, FDA approved crizanlizumab-tmca (ADAKVEO, Novartis) to reduce the frequency of vaso-occlusive crises (VOCs) in adults and pediatric patients aged 16 years and older with sickle cell disease. This in turn is expected to augment the growth of the sickle cell anemia therapeutics market in North America, especially in the U.S.
Sickle cell disease is common among people of Middle Eastern, African, and South Asian descent. Sickle cell anemia can have genotypic and phenotypic variants based on different mutations in hemoglobin genes. Sickle cell diseases, such as sickle cell anemia, are very common among Black or African Americans. According to the CDC, sickle cell disease occurs among about 1 out of every 365 Black or African-American births. Moreover, around 1 in 13 Black or African-American babies born with sickle cell trait. The increasing prevalence of the disease will increase the demand for prevention and treatment of sickle cell disease.
Sickle Cell Anemia Therapeutics Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Bristol-Myers Squibb, GlycoMimetics, Pfizer,Anthera Pharmaceuticals Inc., GlycoMimetics, Inc., Eli Lilly, and Mast Therapeutics
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• Current and future of global Sickle Cell Anemia Therapeutics Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Major Point Answered in Sickle Cell Anemia Therapeutics Market Research Study are:
- What will be the progress rate of the Sickle Cell Anemia Therapeutics Market for the conjecture period, 2021-2027?
- What are the prominent factors driving the Sickle Cell Anemia Therapeutics Market across different regions?
- Who are the major vendors dominating the Sickle Cell Anemia Therapeutics industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
- What are the challenges faced by the Sickle Cell Anemia Therapeutics Market?
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