The new report by Expert Market Research titled, ‘Global Rare Haematology Disorders Market Outlook, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global rare haematology disorders market, assessing the market based on its segments like treatment types, disease indications, dosage forms, age groups, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 5.6%
The global rare haematology disorders market is primarily supported by the market in North America. The area contributes to the growth of the industry as it involves a high patient number, along with providing an opportunity to get reimbursement for rare haematology disorder care products. In addition, a rich pipeline for the treatment of this condition and the majority of the clinical trials being processed in the United States has propelled the market growth in the region. The region is followed by Europe, which is projected to constitute the second-largest market in the world for rare haematology disorders. Europe’s market position is attributed to the growing involvement of key players. In addition, Europe provides quicker approvals of orphan drugs, which reduces the time-to-market, thus, helping to fuel the market growth.
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Industry Definition and Major Segments
A set of diseases that include anaemia-type red blood cell conditions, immuno-disorders, white blood cell dysfunctions, and other platelet-based abnormalities are known as rare haematology disorder. These are triggered when the regular blood-forming process fails, and irregular types of blood cells are formed instead, resulting in blood cancer and other blood disorders.
Based on treatment type, the market is bifurcated into:
• Plasma Derived
• Recombinant
On the basis of disease indication, the industry is divided into:
• Haemoglobin Disorders
• Rare Blood Cancers
• Platelet Based Disorders
• Plasma Disorders
• Myeloproliferative Disorders
• Genetic Haematology Disorders
• Others
By dosage form, the industry is segmented into:
• Oral
• Injectable
• Others
On the basis of age group, the market is divided into:
• Adult (18+)
• Paediatric (0-17)
The regional markets for rare haematology disorders include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The growth of the rare haematology disorders market is being driven by the rising incidences of rare haemoglobin disorders and rare blood cancers, which are expected to lead to the highest market share due to the increasing number of products approved for these indications. Furthermore, as many of the latest approvals are injectable dosage forms, the growing demand for injectable dosages in the form segment is expected to fuel the market development.
Key Market Players
The major players in the market are Bristol-Myers Squibb Company (NYSE: BMY), Novo Nordisk A/S (NYSE: NVO), F. Hoffmann-La Roche Ltd (OTCMKTS: RHHBY), Emmaus Medical, Inc., Pfizer Inc. (NYSE: PFE), Bayer AG (OTCMKTS: BAYRY), and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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