Hemophilia Market by Types (Hemophilia A, Hemophilia B, Hemophilia C, and Others), Treatments (On-Demand and Prophylaxis), Therapies (Replacement Therapy, ITI Therapy, and Gene Therapy), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa)- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global Hemophilia market size was valued at USD 4.4 billion in 2020 and is anticipated to expand at a CAGR of 8.2% during the forecast period, 2021-2028. The growth of the market is attributed to the rising research and development initiatives, particularly on the identification of therapeutic agents.
Hemophilia is an inherited genetic disorder which impairs the ability of the body to produce blood clots. This results in the bleeding for long periods of time after any injury for the body, easy bruising, and a huge risk in the bleeding of inside joints connected to the vital internal organs including the brain. The symptoms of Hemophilia can only be noticed after the injury or during the treatment of patients during accidents. This bleeding into the joints can result permanent damage whereas the bleeding in the brain causes long term complications such as seizures, low level of consciousness, and acute headaches. Prevention can be done by the removal of an egg, the fertilization of the egg, and the testing plus diagnosis of the embryo before it is transferred to the uterus. Another form of treatment lies in the replacement of the missing factors of blood clotting.
According to the World Health Organization or the WHO, a census report upon Hemophilia concluded that one in every 10,000 people have Hemophilia, and the number of occurrences will only increase in the coming years. The COVID-19 pandemic has reduced the growth of the global Hemophilia market initially. However, upon further studies, researchers and scientists found out that the coronavirus has the viral gene of accelerating illness of the hosts. Basically, a patient of Hemophilia was more susceptible to the COVID-19 virus than that of a healthy person. This steered to hospitals, clinics, and healthcare laboratories to focus more on the diagnosis of Hemophilia for the prevention and treatment of diseases and this led to its market growth in the later stages of this pandemic.
Market Trends, Drivers, Restraints, and Opportunities
- Increase in spending and investing by both the government authorities and private investors plus companies towards the diagnosis of Hemophilia is the primary reason for the projection of boosting the market growth during the forecast period, 2021-2028.
- There has been a significant increase in the research and development activities of Hemophilia to commence the early stages of screening neonates which can become a major factor boosting the market growth.
- High prices for the treatment of Hemophilia and high cost of services from the company’s perspective is anticipated to hinder the global Hemophilia market growth. This becomes extremely difficult to function in developing countries such as India, South Africa and Brazil where there is limited healthcare infrastructure with regards to Hemophilia.
- The treatment program for Hemophilia highly varies from individual based on genetic factor and the environment the patient is brought upon. For some people, Hemophilia can be manageable, but this cannot be said for other patients. This uncertainty can hamper the Hemophilia market growth.
- R&D investment and technological advancement are expected to offer significant opportunities for the market players. Researchers and scientists have understood the significant cost factor in the treatment of Hemophilia and realized that they can innovate new methodologies for this treatment fee to be feasible for the patients. The “MyAccess Cost-Share Program” was introduced by the CSL Behring board and the WHO for the USA patients to provide treatment costing up to USD 11,000.
Scope of the Report
The report on the global Hemophilia market size includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Hemophilia Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Hemophilia A, Hemophilia B, Hemophilia C, and Others), Treatments (On-Demand and Prophylaxis), and Therapies (Replacement Therapy, ITI Therapy, and Gene Therapy) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Shire (Baxalta); CSL Behring; Pfizer Inc; Bayer AG; BioMarin; Spark Therapeutics Inc; Genzyme Corporation; Sanofi Inc; Chugai Pharmaceutical Co Ltd; Novo Nordisk A/S; and Octapharma AG |
Global Hemophilia Market Segment Insights
Hemophilia A segment is projected to represent a large market share
On the basis of types, the global Hemophilia market is divided into Hemophilia A, Hemophilia B, Hemophilia C, and others. The Hemophilia A segment is expected to constitute the major share of the market in 2019. The major reason attributing to this market growth is the high occurrence of this disease, which is four times more than the next highest occurring disease, Hemophilia B .
Meanwhile the Hemophilia B segment is anticipated to grow with a significant CAGR during the forecast period. Hemophilia B has approximately 20% of its cases globally and it is only rising from this period owing to the unhealthy lifestyle people have been indulging upon.
On-Demand segment is estimated to signify the largest market share
Based on treatments, the global Hemophilia market is bifurcated into On-Demand and Prophylaxis. The On-Demand segment is expected to constitute the major share of the market in 2019. The major reason attributing to this market growth is the frequency of this treatment involving simple procedures which can be executed in any environment or on any patient.
Meanwhile the Prophylaxis segment is anticipated to grow with a significant CAGR during the forecast period, 2021-2028. The accuracy and precision of this method is far greater than that of the On-Demand treatment and can be feasible in the forecast period.
Replacement segment is anticipated to register a huge market share
On the basis of therapies, the global Hemophilia market is divided into replacement Therapy, ITI Therapy, and gene Therapy. The replacement segment is expected to constitute the major share of the market in 2019. The major reason attributing to this market growth is low cost along with high efficacy. This product, however, is currently expected to lose sales during the forecast period, 2021-2028 as researchers and scientists have been able to find new methodologies involving lower cost and higher efficacy.
Meanwhile the gene segment is anticipated to grow with a significant CAGR during the forecast period. With the latest methodologies and research studies revolving gene therapy, the scientists believe that Hemophilia can be treated and cured using the gene therapy.
North America is anticipated to dominate the market
On the basis of regions, the global Hemophilia market is categorized as Asia Pacific, North America, Latin America, Europe and Middle East & Africa. The market in North America is expected to constitute a major share of 44.3% in 2019. This regional market growth can be attributed to the growing research & development expenditure along with the rising in adoption of the latest technology. The demand of Hemophilia treatment is increasing rapidly in this region due to the presence of the major market players in the market, an advantage other regions do not have. The cost of expenditure is significantly lower in North America than that of other economies. However, the market in Asia Pacific is anticipated to expand at a significant CAGR during the forecast period, 2021-2028, as they have prioritized the cost-efficiency perspective of Hemophilia combined with their growing population.
Segments
Segments Covered in the ReportThe global Hemophilia market size has been segmented in terms of
Types
- Hemophilia A
- Hemophilia B
- Hemophilia C
- Others
- On-Demand
- Prophylaxis
- Replacement Therapy
- ITI Therapy
- Gene Therapy
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Shire (Baxalta)
- CSL Behring
- Pfizer Inc
- Bayer AG
- BioMarin
- Spark Therapeutics Inc
- Genzyme Corporation
- Sanofi Inc
- Chugai Pharmaceutical Co Ltd
- Novo Nordisk A/S
- Octapharma AG
Competitive Landscape
Major players competing in the global Hemophilia market are Shire (Baxalta); CSL Behring; Pfizer Inc; Bayer AG; BioMarin; Spark Therapeutics Inc; Genzyme Corporation; Sanofi Inc; Chugai Pharmaceutical Co Ltd; Novo Nordisk A/S; and Octapharma AG. These market players are involved in several business strategies such as mergers, acquisitions partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. Spark Therapeutics Inc, developed the SPK-8011 in 2019, used commonly for the treatment of Hemophilia Type A and as of now is currently undergoing clinical trials for the Type B and Type C diagnostics. From the acquisition perspective, Sanofi Inc acquired Bioverativ, a US based Hemophilia specialist for the cost of USD 11.6 billion to increase the strength of Sanofi Inc in the global Hemophilia market.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemophilia Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hemophilia Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hemophilia Market - Supply Chain
4.5. Global Hemophilia Market Forecast
4.5.1. Hemophilia Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemophilia Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hemophilia Market Absolute $ Opportunity
5. Global Hemophilia Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hemophilia Market Size and Volume Forecast by Types
5.3.1. Hemophilia A
5.3.2. Hemophilia B
5.3.3. Hemophilia C
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hemophilia Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Hemophilia Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Hemophilia Demand Share Forecast, 2019-2026
7. North America Hemophilia Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Hemophilia Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Hemophilia Market Size and Volume Forecast by Types
7.4.1. Hemophilia A
7.4.2. Hemophilia B
7.4.3. Hemophilia C
7.4.4. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Hemophilia Demand Share Forecast, 2019-2026
8. Latin America Hemophilia Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Hemophilia Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Hemophilia Market Size and Volume Forecast by Types
8.4.1. Hemophilia A
8.4.2. Hemophilia B
8.4.3. Hemophilia C
8.4.4. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Hemophilia Demand Share Forecast, 2019-2026
9. Europe Hemophilia Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Hemophilia Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Hemophilia Market Size and Volume Forecast by Types
9.4.1. Hemophilia A
9.4.2. Hemophilia B
9.4.3. Hemophilia C
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Hemophilia Demand Share Forecast, 2019-2026
10. Asia Pacific Hemophilia Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Hemophilia Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Hemophilia Market Size and Volume Forecast by Types
10.4.1. Hemophilia A
10.4.2. Hemophilia B
10.4.3. Hemophilia C
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Hemophilia Demand Share Forecast, 2019-2026
11. Middle East & Africa Hemophilia Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Hemophilia Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Hemophilia Market Size and Volume Forecast by Types
11.4.1. Hemophilia A
11.4.2. Hemophilia B
11.4.3. Hemophilia C
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Hemophilia Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Hemophilia Market: Market Share Analysis
12.2. Hemophilia Distributors and Customers
12.3. Hemophilia Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Shire (Baxalta)
12.4.2. CSL Behring
12.4.3. Pfizer Inc
12.4.4. Bayer AG
12.4.5. BioMarin
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemophilia Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hemophilia Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hemophilia Market - Supply Chain
4.5. Global Hemophilia Market Forecast
4.5.1. Hemophilia Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemophilia Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hemophilia Market Absolute $ Opportunity
5. Global Hemophilia Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hemophilia Market Size and Volume Forecast by Types
5.3.1. Hemophilia A
5.3.2. Hemophilia B
5.3.3. Hemophilia C
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hemophilia Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Hemophilia Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Hemophilia Demand Share Forecast, 2019-2026
7. North America Hemophilia Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Hemophilia Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Hemophilia Market Size and Volume Forecast by Types
7.4.1. Hemophilia A
7.4.2. Hemophilia B
7.4.3. Hemophilia C
7.4.4. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Hemophilia Demand Share Forecast, 2019-2026
8. Latin America Hemophilia Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Hemophilia Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Hemophilia Market Size and Volume Forecast by Types
8.4.1. Hemophilia A
8.4.2. Hemophilia B
8.4.3. Hemophilia C
8.4.4. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Hemophilia Demand Share Forecast, 2019-2026
9. Europe Hemophilia Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Hemophilia Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Hemophilia Market Size and Volume Forecast by Types
9.4.1. Hemophilia A
9.4.2. Hemophilia B
9.4.3. Hemophilia C
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Hemophilia Demand Share Forecast, 2019-2026
10. Asia Pacific Hemophilia Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Hemophilia Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Hemophilia Market Size and Volume Forecast by Types
10.4.1. Hemophilia A
10.4.2. Hemophilia B
10.4.3. Hemophilia C
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Hemophilia Demand Share Forecast, 2019-2026
11. Middle East & Africa Hemophilia Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Hemophilia Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Hemophilia Market Size and Volume Forecast by Types
11.4.1. Hemophilia A
11.4.2. Hemophilia B
11.4.3. Hemophilia C
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Hemophilia Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Hemophilia Market: Market Share Analysis
12.2. Hemophilia Distributors and Customers
12.3. Hemophilia Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Shire (Baxalta)
12.4.2. CSL Behring
12.4.3. Pfizer Inc
12.4.4. Bayer AG
12.4.5. BioMarin
Segments Covered in the Report
The global Hemophilia market size has been segmented in terms of
Types
The global Hemophilia market size has been segmented in terms of
Types
- Hemophilia A
- Hemophilia B
- Hemophilia C
- Others
- On-Demand
- Prophylaxis
- Replacement Therapy
- ITI Therapy
- Gene Therapy
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Shire (Baxalta)
- CSL Behring
- Pfizer Inc
- Bayer AG
- BioMarin
- Spark Therapeutics Inc
- Genzyme Corporation
- Sanofi Inc
- Chugai Pharmaceutical Co Ltd
- Novo Nordisk A/S
- Octapharma AG
Major players competing in the global Hemophilia market are Shire (Baxalta); CSL Behring; Pfizer Inc; Bayer AG; BioMarin; Spark Therapeutics Inc; Genzyme Corporation; Sanofi Inc; Chugai Pharmaceutical Co Ltd; Novo Nordisk A/S; and Octapharma AG. These market players are involved in several business strategies such as mergers, acquisitions partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. Spark Therapeutics Inc, developed the SPK-8011 in 2019, used commonly for the treatment of Hemophilia Type A and as of now is currently undergoing clinical trials for the Type B and Type C diagnostics. From the acquisition perspective, Sanofi Inc acquired Bioverativ, a US based Hemophilia specialist for the cost of USD 11.6 billion to increase the strength of Sanofi Inc in the global Hemophilia market.
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