Non-Cancerous Blood Disease Market Share

North America Market Insights

North America is the dominant region in the market and is expected to hold the market share of 36.8% at a CAGR of 7.5% by 2034. The market is driven by robust public healthcare funding, early diagnosis infrastructure, and universal usage of biologics and biosimilars. The U.S. and Canada together hold more than 36.5% of the share in the market revenues in 2023, helped along by federal efforts under Medicare, Medicaid, and Health Canada. The U.S. invested USD 5.6 billion in NCBD treatments in 2023, an increase of 15.6% from 2020, due to the expanded coverage of medical insurance among anemia patients. Early intervention policies, rare disease model initiatives, and enhanced biosimilar penetration in both countries have driven market access and greater affordability.

The U.S. Non-Cancerous Blood Disease (NCBD) market keeps growing, led by strong government support by Medicare and Medicaid, coupled with policy reforms to improve early access to biosimilars and biologics. In 2023, the federal government spent USD 5.3 billion, which is 9.4% of its healthcare expenditures, on NCBD, up from 7.7% in 2021. Medicare expenditure surged to USD 800.6 million in 2024, a 15.5% higher since 2020. This rise resulted in expanded coverage for ESA and clotting treatments for the elderly and patients with chronic kidney disease. Medicaid increased reimbursement for its treatment by 10.5%, increasing coverage for low-income patients, at an expenditure of USD 1.6 billion in 2024. The U.S. is poised to continue in a leadership role in innovation, but increasing demand also underscores the necessity for payer policy modernization and supply chain resilience.

Asia Pacific Market Insights

The APAC is the fastest-growing region in the non-cancerous blood disease market and is expected to hold the market share of 22.6% at a CAGR of 6.7% by 2034. The region is driven by high growth, spearheaded by expanding disease incidence, enhanced healthcare infrastructure, and heightened government investment in managing hematological diseases. China, Japan, India, Malaysia, and South Korea together are leading the market by holding a considerable proportion of the NCBD demand worldwide, driven by national payment programs and growth in plasma-derived therapies and biosimilars. In Japan, the Ministry of Health, Labour and Welfare (MHLW) budgeted 12.6% of its health budget, up USD 3.5 billion from 2022, for NCBD treatment, focusing on long-term anemia and hemophilia care. With strong patient pools and growing government emphasis, APAC is likely to continue being a high-growth NCBD market through 2034.

China is the leader in the non-cancerous blood disease market in the Asia Pacific region and is expected to hold a market share of 9.9% by 2034. The government in China spending on the market has risen to 15.6% over the past eight years. Further, the market is driven by the growing demand for anemia and thalassemia treatments. As per the report of NMPA, nearly 1.9 million patients were diagnosed with non-cancerous blood disease in both rural and urban populations. The rise in the patient size has expanded the insurance coverage and enhanced the approvals for biosimilar, iron therapies, and research in gene therapy.

Government Investment/Policy Initiatives (2021–2025)

Europe Market Insights

Europe on non-cancerous blood disease market is expanding significantly and is expected to hold a market share of 27.8% at a CAGR 6.8% by 2034. The market is driven by increased government spending, rising prevalence of chronic hematologic conditions such as anemia, hemophilia, and thalassemia, and EU-supported R&D. Europe has established itself as a robust NCBD market thanks to its universal healthcare access, high diagnostic coverage, and price reform initiatives. The nation is experiencing a surge in biosimilar adoption based on the EMA approvals to reduce the treatment costs, resulting in 30.4% reduction in certain markets. Further, the policy shifts make the region to be the second largest shareholder in market.

Germany accounts for the biggest non-cancerous blood disease market and is poised to hold the market share of 9.1% by 2034. With healthcare spending totaling €4.5 billion in 2024, an increase of 12.3% since 2021, according to the Federal Ministry of Health (BMG). The nation is a leader in clotting factor treatments and usage of anemia drugs. As per the German Medical Association report, the increase in iron chelator and ESA prescriptions was 9.8% between 2021 and 2023. The mandatory health insurance in Germany (GKV) and hospital-based payment schemes cover the majority of NCBD treatments, including new EMA-approved biosimilars. National rare disease registries and upgraded diagnostic infrastructure also aid in early diagnosis, especially in pediatric and geriatric patients.

Europe – Government Investment/Policy for NCBD (2021–2025)