Thrombocytopenia Treatment Market Value to reach US$ 10 Billion by 2033, expected to surge at over 5% CAGR | FMI Report
A recently published study by FMI expects the global thrombocytopenia treatment market to augment at a 5.2% CAGR from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 10 Billion is expected for the market. The thrombocytopenia treatment market is predicted to increase significantly, since patients with thrombocytopenia experience several serious health issues. The treatment for thrombocytopenia is required to protect the patient from blood loss following surgery or in any major or little accident.
Thrombocytopenia treatment gives patients with thrombocytopenia a healthy lifestyle and allows them to live a normal life. The present market is hampered by a lack of knowledge thrombocytopenia diagnosis and a high cost of treatment. Moreover, growing clinical awareness of bovine and porcine heparin treatments is a significant trend driving the growth of potential in the thrombocytopenia treatment industry. Advances in HIT aetiology, clinical presentation, and diagnostics are driving the thrombocytopenia treatment industry forward. Anticoagulant therapy advancements have opened up new opportunities. Low-molecular-weight heparin is a prime example.
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The focus of companies on enhancing test efficacy has expanded clinical paths in the industry. North America has a large market share for thrombocytopenia treatment due to the presence of key industry players in the area. The reimbursement environment also benefits the thrombocytopenia therapy industry as a whole. As the pace of therapy adaption increases within the area, Europe’s growth rate for thrombocytopenia treatment is growing. Asia Pacific is predicted to expand slowly due to poor medical infrastructure in many countries and a lack of a reliable distribution channel for stock availability.
Key Takeaways from the Market Study
- FMI projects the global thrombocytopenia treatment market to expand at a 5.2% value CAGR by 2033
- The global thrombocytopenia treatment market is estimated at a market value of US$ 6 Billion
- The global thrombocytopenia treatment market is expected to garner a market value of US$ 10 Billion
- North America is expected to grow at CAGR of 5.1% in the assessment period 2023-2033.
- Europe is expected to grow at CAGR of 5% in the assessment period 2023-2033.
- Asia Pacific is expected to grow at CAGR of 4.9% in the assessment period 2023-2033.
- The glucocorticoids segment is expected to hold the largest market share for thrombocytopenia treatment in the forecast period 2023-2033.
“The thrombocytopenia treatmentmarket is expanding as patient demand for the treatment raises due to serious health issues. At the industrial level, research and development are underway to produce various thrombocytopenia treatments that can alleviate patient issues,” says an analyst at FMI.
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Key players in the thrombocytopenia treatment market are 3SBio Inc., Amgen Inc., Takeda Pharmaceutical Company, Bayer AG, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eisai Co., Ltd., Hansa Medical AB, Intas Pharmaceuticals Ltd. and Merck & Co., Inc.
- In December 2022, Horizon Therapeutics plc’s board of directors and Amgen Inc.’s board of directors are pleased to announce that they have agreed on the terms of a cash offer for the Company by Pillartree Limited, a newly formed private limited company wholly owned by Amgen, which is unanimously recommended by the Company Board and pursuant to which Acquirer Sub will acquire the entire issued and to be issued
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global thrombocytopenia treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of Drug Class (Glucocorticoids, Lysosomal Enzyme and Platelet Stimulating Agent), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies), across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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Key Segments Profiled in the Thrombocytopenia Treatment Industry Survey
By Drug Class:
- Lysosomal Enzyme
- Platelet Stimulating Agent
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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