Aplastic Anemia Treatment Market Analysis by Treatment Type (Stem Cell Therapy, Blood Transfusion, Drug Therapy, and Others); by Disease Type (Acquired Aplastic Anemia and Inherited Aplastic Anemia); by Route of Administration (Intravenous, and Oral); and by End-User (Hospitals, Specialty Clinics, Research Institutes, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035
Buy Now Report ID: 3799 | Published Date: Mar 31, 2023
The global aplastic anemia treatment market is estimated to garner a revenue of ~USD 11,312 Million by the end of 2035 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 6,280 Million in the year 2022. This growth can be attributed to increasing prevalence of aplastic anemia, increasing awareness about aplastic anemia and its treatment as well as increasing investments in research and development of aplastic anemia treatment therapies. There are approximately equal numbers of males and females suffering from aplastic anemia. The greatest incidence of aplastic anemia occurs in childhood, although it affects people of all ages. Between the ages of 20 and 25, there is an additional peak. Around 700 to 800 Americans are diagnosed with aplastic anemia each year. Early diagnosis of aplastic anemia is important as it allows doctors to identify the underlying cause of the disease, which can help them determine the best treatment plan for the patient. Additionally, early diagnosis gives patients more time to make lifestyle changes that can help reduce the risk of complications, such as avoiding activities that can weaken the immune system.
Early treatment aplastic anemia is necessary in order to prevent the bone marrow from becoming completely non-functional. Without treatment, the body will not be able to produce the necessary red and white blood cells, leading to anemia, infections, and other complications. Aplastic anemia treatment depends on the severity of the condition, but may include medications to increase white blood cell production, blood transfusions, immunosuppressant medications, and stem cell transplants.
In some cases, a bone marrow transplant may be necessary. Medications may be used to stimulate the production of new blood cells, or the patient may receive blood transfusions or immunosuppressant medications to help regulate their immune system. In more severe cases, a bone marrow transplant or stem cell transplant may be necessary to replace the affected bone marrow with healthy blood-forming cells.
In addition to these, factors that are believed to fuel the market growth of aplastic anemia treatment include the rising geriatric population, continuous technological advancements in stem cell therapy, and increasing awareness among patients and healthcare providers. Moreover, the development of novel treatments, such as gene therapy and stem cell therapy along with rise in number of clinical trials is further contributing to the growth of the market. Clinical trials provide a platform for the evaluation and approval of new drugs, ultimately resulting in an increase in the availability of drugs. Consequently, new treatments for aplastic anemia have been adopted, contributing to an increase in market revenue.
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~5% |
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Base Year Market Size (2022) |
~USD 6,280 Million |
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Forecast Year Market Size (2035) |
~USD 11,312 Million |
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Regional Scope |
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Growth Drivers
Challenges
The global aplastic anemia treatment market is segmented and analyzed for demand and supply by treatment type into stem cell therapy, blood transfusion, drug therapy, and others. Out of these segments, the stem cell therapy segment is estimated to gain the largest market share by the end of year 2035. The growth of the segment can be attributed to the increasing focus of leading players in the market to invest in research and development for the development of new stem cell therapies for the treatment of aplastic anemia, as well as the rising number of clinical trials for the development of new medicines. Moreover, stem cell therapy has been demonstrated to be an effective treatment option for aplastic anemia, as it helps to restore the patient’s normal blood cell production and reduce the severity of the symptoms. Researchers have found that stem cell transplantation can treat non-malignant conditions such as aplastic anemia with a 75 percent to 80% success rate. Stem cell therapy is currently successful in India with a success rate of approximately 67%-88%. Additionally, the growing awareness among people regarding the availability of novel treatments for aplastic anemia is also set to drive the growth of the stem cell therapy segment.
The global aplastic anemia treatment market is also segmented and analyzed for demand and supply by disease type into acquired aplastic anemia and inherited aplastic anemia. Among these segments, inherited aplastic anemia is expected to gain the highest market share by 2035. The growth of the segment can be attributed to the increasing prevalence of genetic disorders, and the availability of novel treatments. These genetic mutations affect the body's ability to produce new blood cells, resulting in aplastic anemia. It can be inherited from either parent, or both, and can be passed down from generation to generation. A congenital or inherited cause has been noted in at least 26% of childhood cases, and perhaps as high as 12% of adult cases. Additionally, with the rising awareness about this disorder, more people are becoming aware of the signs and symptoms, which may enable early detection, and thus, more effective treatments.
Our in-depth analysis of the global aplastic anemia treatment market includes the following segments:
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By Treatment Type |
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By Disease Type |
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By Route of Administration |
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By End User |
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The North American aplastic anemia treatment market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market is attributed to the availability of advanced treatment options for aplastic anemia, such as bone marrow transplantation, immunosuppressive therapy, and blood transfusions. In addition, the growing prevalence of deadly blood diseases such as leukemia, the rising awareness of the disease, and the increasing government funding for treatment are expected to drive regional market growth. The rising prevalence of blood disorders such as leukemia is primarily attributed to lifestyle changes, increasing exposure to environmental toxins, and genetic mutations. In 2021, the US experienced 186,400 new cases of leukemia, lymphoma, and myeloma. Based on the Leukemia & Lymphoma Society, approximately one person is diagnosed with leukemia, lymphoma, or myeloma every three minutes. Blood cancer was expected to account for about 10% of cancer diagnoses in Canada in 2019. Aplastic anemia treatment helps to treat leukemia by targeting the bone marrow, which is where leukemia originates. The treatment reduces the amount of abnormal white blood cells in the bone marrow, which helps to reduce the spread of cancer cells.
The Asia Pacific aplastic anemia treatment market, amongst the market in all the other regions, is projected to hold the second largest share during the forecast period. The growth of the market can be attributed to the increasing prevalence of aplastic anemia and the introduction of novel therapies such as hematopoietic stem cell transplantation (HSCT) and immunosuppressive therapy (IST). Over the period from 2008 to 2019, 58,914 hematopoietic stem cell transplantations were reported by the Chinese Blood and Marrow Transplant Registry Group (CBMTRG). It is estimated that 12,323 HSCTs have been performed in 2019 from 149 transplant teams, of which 78% (9577) are allogeneic. Since the technology is more advanced and widely available in the region, stem cell donors are easier to find and HSCTs are more affordable. As a result, more patients are able to access HSCTs and HSCTs are being performed in Asia Pacific, resulting in a rise in the need for treatment of aplastic anemia. Additionally, the rising number of clinical trials and the growing focus on research and development of novel treatments are expected to drive the growth of the market in the Asia Pacific region.
Further, the aplastic anemia treatment market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed the presence of advanced healthcare infrastructure and the availability of efficient and advanced treatment options such as stem-cell transplantation, chemotherapy and other treatments in the European region. Additionally, the rising awareness about the disease and the availability of government initiatives and healthcare subsidies to improve the access to treatments for the disease are expected to drive the growth of the market in the region. The increasing number of clinical trials that are being conducted in the region to develop new treatments and the growing number of collaborations between the government and the private entities to improve the access to better treatments are also expected to drive the growth of the market.
Sandoz announced the acquisition of GSK's cephalosporin antibiotic business to expand its collection of antimicrobials. This acquisition allows Sandoz to increase its portfolio of antibiotics, which is beneficial for both Sandoz and the patients they serve. The acquisition also gives Sandoz access to GSK's patented technology, which will help them stay competitive in the industry.
In Europe, the European Commission approved the consolidation of Mylan and Upjohn between Pfizer and Mylan. Combining Mylan's generics market presence with Pfizer's branded market presence will enable the companies to create a new global healthcare leader.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Radhika Gupta, Shivam Bhutani
Ans: The increasing number of people being diagnosed with aplastic anemia, improved access to healthcare, and the availability of new and improved treatment options are the major factors expected to drive the market growth.
Ans: The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 – 2035.
Ans: High cost of treatment, the side effects associated with the treatment, limited availability of suitable donors estimated to be the growth hindering factors for the market expansion.
Ans: The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ans: The major players in the market are profiled by Research Nester are F. Hoffmann-La Roche Ltd., Eisai Co., Ltd., Allergan, Inc., TauRx Therapeutics Ltd., AbbVie Inc., Novartis AG, Siemens Healthcare GmbH, Pfizer, Inc., Bristol-Myers Squibb Company, Bayers AG, and other key market players.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: Ans: The market is segmented by treatment type, disease type, route of administration, end user and by region.
Ans: The stem cell therapy segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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