Market Overview

Global Thalassemia Drugs Market 2018-2022| Rising Disease Awareness Programs to Boost Demand| Technavio

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Technavio
analysts forecast the global thalassemia drugs market to grow at a CAGR
of close to 10% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global thalassemia drugs market from 201 ...

Technavio has published a new market research report on the global thalassemia drugs market from 2018-2022. (Graphic: Business Wire)

The rising disease awareness programs are one of the major trends being
witnessed in the global
thalassemia drugs market 2018-2022
. Thalassemia is increasing at
a rapid rate in South and Southeast Asian countries. As the diseases are
inherent, parents with minor thalassemia are likely to give birth to a
major thalassemia child, and the disease spreads unusually. Various
companies and institutions have taken steps to initiate the awareness
programs about thalassemia and its causes.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global thalassemia drugs market is the increasing
prevalence of thalassemia:

Global thalassemia drugs market: Increasing
prevalence of thalassemia

Thalassemia is an emerging health concern around the world, especially
in Southeast Asian countries. According to a published article in NCBI
by Hossain et al. in 2017, South Asia is a major hub for
hemoglobinopathies. It caters to nearly 23% of the world population.

According to a senior analyst at Technavio for research on infectious
and rare diseases, "As per an article in NCBI by Renzo Galanello et
al. in 2010, the total annual incidence of symptomatic individuals with
beta thalassemia is estimated at 1 in 100,000 throughout the world and 1
in 10,000 people in the European Union."

Global thalassemia drugs market: Segmentation
analysis

The global thalassemia drugs market research report provides market
segmentation by category (alpha thalassemia drugs and beta thalassemia
drugs) and by region (the Americas, EMEA, and APAC). It provides an
in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

The APAC region held the largest share of the market in 2017, accounting
for close to 38% share. It was followed by EMEA and the Americas
respectively. The growth of the region can be due to the increasing
prevalence of thalassemia in the Asian population.

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  • Competitive scenario

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