Market Research Report
Global Sickle Cell Treatment market is segmented by Treatment Modality (Bone Marrow Transplant, Blood Transfusion, and Pharmacotherapy), End User (Hospitals, Specialty Clinics, and Others),Regional Forecasts 2021-2027
|Global Sickle Cell Treatment market is segmented by Treatment Modality (Bone Marrow Transplant, Blood Transfusion, and Pharmacotherapy), End User (Hospitals, Specialty Clinics, and Others),Regional Forecasts 2021-2027|
Published: September 7, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Sickle Cell treatment Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2021-2027. Sickle cell disease is a category of diseases that impair hemoglobin, the molecule that transports oxygenated blood. A deformed red blood cell with the shape of a sickle or crescent is found in people with this disease. Symptoms of sickle cell disease generally begin in early childhood and continue throughout adolescence. Red blood cells break down prematurely as they alter form, which can cause anaemia. The aim of sickle cell anaemia treatment is to reduce discomfort, relieve pain, and prevent complications. Some adolescents and teens are treated with medications and blood transfusions. The market is driven by the increasing research and development activity and increasing prevalence of sickle cell disease. For instance, as per the National Health Institute, over 90% of the world's SCD population resides in three countries: Nigeria, India, and the Democratic Republic of Congo, where the disease affects up to 2% of the population and the carrier prevalence rate (sickle cell trait) is as high as 10% to 30%. However, high cost of treatments may impede market growth over the forecast period of 2021-2027.
Geographically, the sickle cell treatment market in North America is dominated by the United States, which is the market's biggest contributor. Improved access to SCD treatment and potential pipeline medicines are attributed with the region's growth. The substantial government support in the United States will help promote the market's healthy growth.
Major market player included in this report are:
Bristol Myers Squibb Co.
Global Blood Therapeutics Inc.
Emmaus Medical Inc.
Eli-Lilly and Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Treatment Modality:
Bone Marrow Transplant
By End user:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Sickle Cell treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures