Vaso Occlusive Crisis Market: Global Demand Analysis & Opportunity Outlook 2036


Posted December 1, 2023 by researchnesture

Analysis of Vaso Occlusive Crisis Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% during 2024-2036 and Attain ~USD 20 Billion by 2036

 
Research Nester assesses the growth and market size of global vaso occlusive crisis market which is anticipated to be on account of the increasing demand from end-use industries and increasing demand for pharmaceutical sector.

Research Nester’s recent market research analysis on “Vaso Occlusive Crisis Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global vaso occlusive crisis market in terms of market segmentation by type, end user, and by region.

Improved Diagnosis and Early Intervention to Promote Global Market Share of Vaso Occlusive Crisis
Improved diagnostic tools, including genetic testing and newborn screening, have enabled early intervention for individuals with SCD. Early diagnosis allows for personalized care and treatment plans that can prevent or reduce the frequency of VOCs. This not only improves the quality of life for patients but also reduces healthcare costs associated with hospitalizations. A study in the American Journal of Hematology found that early diagnosis and comprehensive care plans have led to a 30% reduction in hospitalizations related to VOCs in children with SCD.
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Some of the major growth factors and challenges that are associated with the growth of the global vaso occlusive crisis market are:
Growth Drivers:
• Increasing Personalized Medicine and Targeted Therapies
• Growing Telemedicine and Remote Monitoring
Challenges:
Health disparities disproportionately affect individuals with SCD, particularly those from marginalized communities. Access to specialized care, including hematologists and clinics with expertise in SCD, is often limited in certain regions. This can result in delayed diagnosis, inadequate treatment, and poorer health outcomes for some patients. Sickle cell disease often receives less attention and funding compared to other chronic diseases. This lack of awareness can lead to delayed diagnoses, a shortage of resources for research and treatment, and a lack of public understanding about the challenges faced by individuals with SCD and VOCs.
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The supportive care segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Psychological support and counseling are essential components of supportive care during VOCs. Individuals with SCD often experience anxiety, depression, and stress due to the chronic nature of their condition and recurrent crises. The research conducted by the American Psychological Association highlights the significant impact of these services in reducing emotional distress, improving coping mechanisms, and enhancing mental well-being.
By region, the Europe vaso occlusive crisis market is to generate a notable revenue by the end of 2036. Increasing awareness about SCD and its complications is a fundamental driver. Efforts to educate healthcare professionals, patients, and the general public lead to earlier diagnosis, timely interventions, and better management of VOCs. Expanding newborn screening programs for SCD is vital. Early diagnosis allows for proactive management and preventive measures, reducing the frequency and severity of VOCs. Access to innovative treatments, including disease-modifying therapies and gene therapies, has the potential to reduce the frequency and severity of VOCs and improve patient outcomes.

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This report also provides the existing competitive scenario of some of the key players of the global vaso occlusive crisis market which includes company profiling of Novartis Pharmaceuticals Corporation, Bristol-Myers Squibb, Pfizer Inc., Global Blood Therapeutics, AstraZeneca, Sanofi, and others.
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Last Updated December 1, 2023