iCrowdNewswire Jan 21, 2021 4:17 PM ET
Anemia cases are on the rise around the world. This alarming trend is similar to what has been observed in comparison to other diseases globally. However, many drug companies have taken notice of the problem and are developing drugs and testing them through clinical trials to so as to get them into the market to treat those who have been diagnosed with the condition.
According to a report published by Market Research Future on Global Anemia Drugs Market Research Report– Forecast to 2022 states that the global market for Anemia Drugs is worth US$21.4 billion and will grow at an estimated CAGR of 8.4% to reach US$34.7 billion at the end of forecast period by 2022. The global market for anemia drugs is demonstrating a good trend of positive growth
Certain types of anemia types will be responsible for shaping the anemia drug industry in the forecast period. Other factors that could possibly contribute to the growth of this market are growing awareness about the condition, increasing emphasis of social healthcare on women healthcare particularly on anemia, escalation in cancer cases and other risk factors such as diabetes, lifestyle-induced stress, poor nutritional habits, intestinal infections etc
Global Anemia Drugs Market – Segments
Global anemia drugs market has been segmented on various basis such as:
On The Basis Of Anemia Type: Iron Deficiency Anemia, Sickle Cell Anemia, Aplastic Anemia, Hemolytic Anemia Pernicious Anemia And Others.
On The Basis Of Route of Administration: Oral and Injectable.
On The Basis Of Gender: Male and Female.
On The Basis Of Product Type: Biologics and Non-Biologics.
On The Basis Of End Users: Hospitals, Self-Administered, And Others
Global Anemia Drugs Market – Regional Analysis
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Globally, America is the largest market for anemia drugs followed closely by Europe. However it must be noted that the Asia Pacific region is the fastest-growing region and is poised to overtake the developed regions market soon. The Middle East and African market will also witness good growth rates. The chief cause for the greater growth of developing regions market is unmet medical needs and social health schemes launched by governments and other bodies.
Some of the key players in this market are Amgen Inc., GlaxoSmithKline plc, Bluebird bio, Biocon, GlycoMimetics Inc. Some of the other prominent players are Regen biopharma Inc., Bayer AG, Acceleron Pharma, Eli Lilly and company and others.
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