Segments - Cold Agglutinin Disease Market by Drug (Corticosteroids, Alkylating Agents, Purine Nucleoside Analogs, Biologics, and Others) Dosage Form (Tablets, Injections, and Other) End-user (Hospitals, Specialty Clinics, Homecare Settings, and Other), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024 – 2032
The global cold agglutinin disease market size was USD 124.3 Million in 2023 and is likely to reach USD 733.3 Million by 2032, expanding at a CAGR of 21.8% during 2024–2032. The market growth is attributed to the increasing prevalence of cold agglutinin and growing awareness of diseases.
Cold agglutinin disease is a rare autoimmune disorder characterized by the production of abnormal antibodies that react with the red blood cells, leading to their destruction. The disease is known as cold hemagglutinin disease or cold hemolytic anemia.
In March 2024, WebMD reports that approximately 1 person in 300,000 is affected by CAD. American Society of Hematology mentions that CAD has a prevalence of 5 to 20 cases per million and an incidence of 0.5 to 1.9 cases per million per year, with variations based on climate.
Corticosteroids is used to reduce inflammation and immunoglobulin therapy to reduce antibody production. Other treatment techniques such as plasmapheresis and blood transfusion techniques are used to remove abnormal antibodies and replace destroyed RBCs.
Rapid improvements in diagnostics in reducing time and cost associated is expected to propel the market during the forecast period. Moreover, the personalized treatment and healthcare predictive analytics is propelling the market. AI is enabling personalized treatment plans for patients with cold agglutinin disease, taking into account individual factors such as age, health status, and medical history.
Predictive analytics and remote patient monitoring reduce the need for hospitalizations and improving patient outcomes, thus driving the market. The optimization of clinical trail is reducing the time and cost associated with trail design and execution is fueling the market.
Increasing prevalence of cold agglutinin disease is driving the global market. The prevalence of cold agglutinin disease is increasing due to various such as aging population, lifestyle changes, and environmental factors. Furthermore, growing awareness of disease and advancements in diagnostic technologies is expected to fuel the market during the forecast period.
Limited awareness and high cost of treatment are expected to restrain the market during the forecast period. Lack of awareness about cold agglutinin disease among the general public and healthcare professionals, leading to delayed diagnosis and treatment.
Immunotherapy is an emerging area of research in the treatment of cold agglutinins disease, and several immunotherapy agents are currently in clinical trials. Stem cell therapy is an emerging area of research in the treatment of cold agglutinins disease, and several stem cell therapy agents are currently in clinical trials. Additionally, the increasing trend toward personalized medicine is expected to drive the development of targeted therapies for cold agglutinins disease.
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Cold Agglutinin Disease Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2023 |
Historic Data |
2017–2022 |
Forecast Period |
2024–2032 |
Segmentation |
Drug (Corticosteroids, Alkylating Agents, Purine Nucleoside Analogs, Biologics, and Others) Dosage Form (Tablets, Injections, and Other) and End-user (Hospitals, Specialty Clinics, Homecare Settings, and Other) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Pfizer; Roche; Novartis; Johnson & Johnson; Merck & Co.; GSK; Sanofi; Bristol-Myers Squibb; Celgene; and Biogen |
In terms of region, the global cold agglutinin disease market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominated the global market in 2023 owing to the high prevalence of cold agglutinin disease. The prevalence of cold agglutinin disease is higher in North America as compared to other regions, which drives the demand for treatments and therapies. Furthermore, advanced healthcare infrastructure of North America is expected to fuel the regional market.
The market in Europe is projected to grow at a significant pace in the coming years owing to the strong pharmaceutical industry. Additionally, high awareness of cold agglutinin disease in Europe among healthcare professionals and patients is fueling the demand for therapies and treatments.
Based on drug, the cold agglutinin disease market is divided into corticosteroids, alkylating agents, purine nucleoside analogs, biologics, and others. The corticosteroids segment held the largest share of the global market in 2023.
Corticosteroids, such as prednisone, are commonly used to treat cold agglutinin disease due to their anti-inflammatory and immunosuppressive properties. Corticosteroids are often the first-line treatment for cold agglutinin disease, as they help reduce inflammation and alleviate symptoms such as fever, chills, and joint pain. It helps in reducing the production of cold agglutinin antibodies, which are the primary cause of the disease. Increasing number of clinical trails for the drug approvals is boosting the segment.
In October 2023, Novartis announced the phase III trial of iptacopan study demonstrates clinically meaningful and highly statistically significant proteinuria reduction in patients with IgA nephropathy (IgAN).
The alkylating agents segment is anticipated to expand at a substantial CAGR during the forecast period due to its high efficacy. Alkylating agents are proven to be effective in reducing and symptoms and improving quality of life of patients with cold agglutinin disease. Moreover, the combination therapy of alkylating agents with corticosteroids, enhances its efficacy and reduce the risk of side effects.
On the basis of dosage form, the global market is segregated into tablets, injections, and other. the injections segment is anticipated to register a considerable CAGR during the forecast period owing to its rapid onset of action and high efficacy. Injections delivers high doses of medication directly to the site of action, which are more effective than oral medications. Moreover, high flexibility and increasing patient preferences over oral medications is expected to boost the segment during the forecast period.
The oral segment is projected to register a robust growth during the assessment years due to its ease of administration. Moreover, increasing patient preferences and rising adoption of biologics are propelling the segment. Advances in pharmaceutical research have led to the development of oral medications that are more effective and better tolerated than their injectable counterparts.
In terms of end-user, the cold agglutinin disease market is segmented into hospitals, specialty clinics, homecare settings, and other. The hospitals segment registered robust growth in 2023 due to high volume of patients. Furthermore, the comprehensive care and availability of specialized care is driving the segment. Hospitals with its specialized departments and teams providing specialized care for patients with cold agglutinin disease, including rheumatology, hematology, and immunology, thus boosting the segment.
The specialty clinic segment is expected to expand at a significant growth over the projection period owing to the specialized care and expertise. The convenient location and patient centric care are expected to drive the segment significantly during the forecast period.
Key players competing in the global cold agglutinin disease market are Pfizer; Roche; Novartis; Johnson & Johnson; Merck & Co.; GSK; Sanofi; Bristol-Myers Squibb; Celgene; and Biogen.
In February 2022, Enjaymo (sutimlimab-jome) was approved by the US Food and Drug Administration (FDA) with the aim of reducing the need for red blood cell transfusion due to haemolysis in adults with cold agglutinin disease (CAD). It is the first and only approved treatment for people suffering from CAD. This medication functions by inhibiting the destruction of red blood cells (haemolysis).