Hemophilia B Market Key Strategies, Upcoming Trends and Regional Forecast

November 08, 2023

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Data Bridge Market Research analyses a growth rate in the global hemophilia B market in the forecast period 2022-2029. The expected CAGR of global hemophilia B market is tend to be around 9% in the mentioned forecast period.
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Market Overview

Haemophilia is a type of inherited, rare, genetic bleeding disorder in which the blood of the patient has insufficient levels of a clotting protein named as factor IX. It is caused due to the mutation in F9 gene on the X chromosome and is considered the second most common form of hemophilia.

Drivers

· Increasing Incidence of Hemophilia

Haemophilia, a genetic bleeding disorder that stops the blood from clotting, is seen to typically affect 1 in 5,000 male births. According to the World Federation of Hemophilia, 184,723 people were affected with Hemophilia in 2016, along with 39,495 people with other bleeding disorders. This boosts the market growth.

Opportunities

· Advances in the Treatment Methods

Different treatment methods such as recombinant factor replacement therapy, which works as the first-line treatment for moderate to severe haemophilia patients, create opportunities for growth. Growing R&D investments and new drug launch in replacement therapy is projected to boost the segment's growth. Additionally, gene therapy is focused on identifying the defective DNA bases and then reinstating it with functional ones; this could provide good opportunities to present market players during the forecast period.

Global Hemophilia B Market Scope and Market Size

The global hemophilia B market is segmented on the basis of drug, treatment, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Drugs

· Plasma Derived Coagulation Factor Concentrate

· Recombinant Coagulation Factor Concentrates

· Desmopressin

· Others

Treatment

· On-demand

· Prophylaxis

Route of Administration

· Oral

· Injectable

End User