Bleeding Disorders Treatment Market Overview

“The global bleeding disorders treatment market is projected to reach USD 27.5 billion by 2030 from USD 18.5 billion in 2023, at a CAGR of 8.7% from 2023-2030.”

Treatment for bleeding disorders is treatments and interventions targeted at tackling and managing the various bleeding conditions. Bleeding disorders cover a variety of diseases that manifest as abnormal bleeding or a deficient clotting of blood.

They can be caused by hemophilia, Von Willebrand disease, as well as rare bleeding disorders. The goal of the treatment for bleeding disorders is to prevent and control bleeding episodes in excess, improve the quality of life of patients and decrease the complications that result from it.

External and internal bleeding disorders are possible. In the event of an incident, blood flows out of the body. Internal bleeding happens when blood flows under the skin, much like the brain clot. These kinds of conditions are associated due to bleeding conditions. Haemophilia is among the most prevalent bleeding disorders that causes blood doesn't get clots. Von Willebrand is a condition that mostly affects women. In general, the treatment for bleeding disorders includes medications to in the treatment and management of the bleeding problem.

The issue can cause serious bleeding as well as blood clotting and blood coagulation. The treatment includes fresh freezing of plasma and iron supplements and antifibrinolytic drugs. The problem of bleeding can result from a deficiency of Vitamin K. It could also be caused by or a reduction in red blood cells as well as the use of certain drugs that can cause adverse effects.

The growing prevalence of these issues is one of the main reasons for the treatment for bleeding disorders. The growing number of patients has been helped by genetic predisposition, improved diagnostics, and increased awareness campaigns. In the end, there is a growing demand for effective treatments to control and ease those suffering from bleeding diseases.

Technology advancements also play an important role in accelerating market growth. Innovative technologies like gene therapy and recombinant factors for clotting and other novel therapies have changed the landscape of treatment.

These breakthroughs offer more effective and efficient treatments for patients, enhancing their lives and reduce the need for regular hospitalization. Additionally, the increasing demand for customized medical treatment has also accelerated the market. In most cases, bleeding disorders require tailored treatment strategies due to variations in severity of disease and responses of patients.

The high cost of treatment remains a major issue, specifically for the replacement of clotting factors and gene treatments. The financial burden associated with these treatments hinders access to quality healthcare especially in regions with limited resources in healthcare. Considering the cost-effectiveness of treatments and examining alternative reimbursement models is essential to ensure access to healthcare to every patient.

The lack of options for treatment is a further limitation on the market. While there has been progress in the treatment of bleeding disorders that are common, some rare bleeding disorders remain without effective treatments.

Emerging markets, which are characterized by increasing prevalence and expanding healthcare infrastructure, offer unexplored potential. Rapid urbanization, rising health expenditures and the cooperation between multinational pharmaceutical companies and local stakeholders could help address needs that are not being met and increase market access. Also, it is expected to grow because of technological advances in the development and research of new medications and treatments for bleeding disorders.

Demand Outlook:

"Growing awareness of bleeding disorders throughout the World"

The term "bleeding disorder" refers to a health issue where blood coagulation is affected, preventing the formation of blood clots. External and internal bleeding disorders are both possibility. When someone suffers any kind of injury, it is possible that blood flows out of their body. Internal bleeding happens when blood flows under the skin, much like a clot that forms in the brain.

In hemophilic patients or those who suffer from other bleeding conditions, a bleeding disorder hinders blood coagulation, preventing the development of blood clots. Most bleeding disorders are genetic, however, some can also be acquired due to liver disease, medications' side effects, a low number of red blood cells, vitamin K deficiencies and many other causes.

A key driver behind the growth of global bleeding disorder treatment market is the large investment in R&D actions related to the development of recombinant elements as well as advancements in the techniques used in treating bleeding issues within patients.

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Market Dynamics

Growth Drivers

"Growing the Prevalence of Bleeding Disorders as well as Advancements in Treatments Boost market revenue"

The demand for treatment of bleeding disorders is caused by a rise in amount of people suffering from bleeding disorders. More than 1125,000 males around the world have a genetic issue with bleeding and 418,000 have a mild version of the disorder that is usually not detected. Since a large number of patients are treated in some manner as a result of bleeding disorders, demand for disorders treatment is growing.

Many scientific institutions and companies have been collaborating to create new medications or enhance existing ones to increase awareness among patients about the treatment and increase adoption rates.

A lot of replacement medicines now come with more efficient delivery techniques, less immunity, more potency and longer half-lifes. In the last five years, advancements in bioengineering have assisted with the management of bleeding disorders. The market for treatment of bleeding disorders is predicted to grow as a because of these advances in the near future.

Restraints:

"Shortage of Doctors & Unfavorable Reimbursement Conditions thwarting market growth"

The price of treatment is a major obstacle in the treatment of bleeding disorders market. Hospitalization, outpatient appointments on a daily basis as well as lab tests all come with prohibitively expensive prices. Other factors, like the lack of information in some countries that are developing will hinder the growth in the demand for bleeding disorder treatment.

A lack of experts and skilled specialists could be a major obstacle in the expansion of the treatment for bleeding disorders market. The growth rate of the market is slowed down by an inaccessibility to appropriate treatment due to the excessive prescription costs. The extent of growth is also limited due to an absence of appropriate reimbursement policies.

Bleeding Disorders Treatment Market Segment Analysis

The global treatment for bleeding disorders market is classified by class of drugs, type and location.

Based on class of drugs, the market for treatment of bleeding disorders is divided into fibrin sealant, desmopressin Antifibrinolytic, recombinant CCF concentrates, plasma-derived Concentrates of coagulation factor. Concentrates containing recombinant coagulation have seen significant growth because of their superior safety profile and increased access. They are typically the first choice of treatment for patients suffering from hemophilia and other issues with clotting.

The rise in demand can be explained by the increase in R&D processes and pharmaceutical companies are focusing more on recombinant drugs, which has led to the creation of innovative treatments. The rising prevalence of blood disorders along with the increasing acceptance of recombinant coagulation factors concentrates are the main reasons behind this segment. Concentrates of recombinant blood coagulation are employed in the treatment of various diseases like haemophilia (prevention and treatment of episodes of hemorrhagic bleeding).

Based on the type the bleeding disorders treatment market is classified as Von Willebrand Disease, Hemophilia A, Hemophilia B. The category for haemophilia A held the largest market share of 23.01 percent and was estimated to be USD 2.48 billion by 2021.

Haemophilia A is among the three kinds of haemophilia an uncommon inherited blood disorder. It is caused when blood is unable to properly clot. Haemophilia A is most commonly affecting men and those with the predisposition towards masculinity. However, it can affect women as well as those with a tendency to be feminine.

Haemophilia A also referred to as deficiency of factor VIII, or common haemophilia it is a genetic disorder that is characterized by the lack or absence of factor VIII which is a protein that clots. Haemophilia A is an inheritable deficiency of the factor VIII clotting system that can cause excessive bleeding in males. It's usually passed down as an X-linked inherited recessive condition however, it could be caused by unintentional mutations. For patients with haemophilia A, factor VIII drugs can be prescribed to treat or stop bleeding.

Competitive Landscape of the Bleeding Disorders Treatment Market

• CSL Behring (CSL Limited)
• Johnson & Johnson
• Octapharma AG, Sanofi S.A.
• Wellona Pharma
• AbbVie Inc.
• Grifols S.A.
• Pfizer Inc.
• Bayer AG
• Takeda Pharmaceutical Company Limited
• Novo Nordisk A/S

Recent Development in Bleeding Disorders Treatment Market

October 25, 2023 Hemophilia mortality rates in US higher among Black males: Study

Feb. 20, 2023: CSL announced that the European Commission granted HEMGENIX® (etranacogene dezaparvovec) conditional marketing authorization (CMA), the first and only one-time gene therapy for the treatment of severe and moderately severe hemophilia B (congenital Factor IX deficiency) in adults without a history of Factor IX inhibitors.

20 January 2023: Akron Biotechnology, LLC (Akron Biotech), announced it has signed an exclusive global agreement to manufacture virally inactivated Human AB Serum for the cell therapy market using Octaplas®, Octapharma’s pooled, solvent-detergent treated human plasma.

Regional Insights

North America holds the largest portion of the world's bleeding disorders treatment market in the projected time. Because of the early acceptance of the latest medical technology the market for this field is experiencing rapid development of pharmaceutical companies. It is expected that the United States is expected to be the dominant player in this North American market, followed by Canada.

Factors such as the significant incidence of bleeding disorders along with favorable reimbursement as well as insurance policy, encourage the growth of the treatment for bleeding disorders market within the United States. In the coming years in the future, the Canadian market for treatment of bleeding disorders is expected to grow at a steady rate.

Asia Pacific is expected to grow significantly over the forecasted time. The rising investment in healthcare in Asia Pacific is expected to boost the market for treatment of bleeding conditions. A large patient pool drives this market.

The market for Chinese bleeding disorders has increased as increasing numbers of people are conscious of the hereditary ailments as a result, the Chinese market is bound to be able to generate a significant share of revenue in the treatment market for bleeding disorders. The prevalence of bleeding problems among patients is rising and there are medications or therapies available to treat the ailment that are causing an increase in the number in bleeding disorder.

Segments Covered in the Bleeding Disorders Treatment Market

Bleeding Disorders Treatment Market by Type

• Von Willebrand Disease
• Hemophilia A
• Hemophilia B

Bleeding Disorders Treatment Market by Drug ClassFibrin Sealant

• Desmopressin
• Antifibrinolytic
• Recombinant Coagulation Factor Concentrates
• Plasma Derived Coagulation Factor Concentrates

Bleeding Disorders Treatment Market by Regions

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Frequently asked questions with answers

What is the worth of the bleeding disorders treatment market?

The global bleeding disorders treatment market is projected to reach USD 27.5 billion by 2030 from USD 18.5 billion in 2023, at a CAGR of 8.7% from 2023-2030.

What is the share of the North America bleeding disorders treatment industry?

North America dominates the bleeding disorders treatment market, with a market share of over 26%. 

Which are the top companies to hold the market share in the bleeding disorders treatment market?

Alnylam Pharmaceuticals Inc., CSL Behring (CSL Limited), Johnson & Johnson, Octapharma AG, Sanofi S.A., Wellona Pharma, AbbVie Inc., Grifols S.A., Pfizer Inc., Bayer AG, Takeda Pharmaceutical Company Limited, Novo Nordisk A/S are among the leading players in the global bleeding disorders treatment market.

What is the CAGR of bleeding disorders treatment market?

The global bleeding disorders treatment market registered a CAGR of 8.7% from 2023-2030.

What are the key factors driving the market?

The global bleeding disorder market is expected to be driven by the increasing number of diagnosed patients with bleeding disorders across the globe, awareness about bleeding disorder among global population, and government initiatives in developed countries toward the establishment of wide network of diagnosis and treatment centers for bleeding disorders.