Thalassemia market was valued at US$ 3.49 Bn. in 2022 and the total revenue is expected to grow at 9.8% through 2022 to 2029, reaching nearly US$ 6.72 Bn.

Market Overview:

A comprehensive analysis of terminologies, segments, functions, and the industry's value chain structure was conducted in the Thalassemia Market Research Report. The report provides impartial expert insights into the current market scenario, previous financial performance, consumption patterns, demand-supply dynamics, and revenue projections for the forecast period. Additionally, it delves into the strategic goals and growth strategies of major players in the Thalassemia sector, including mergers and acquisitions, government and private sector transactions, partnerships, collaborations, joint ventures, brand promotions, and product launches. In essence, the study offers a holistic view of the Thalassemia market at both global and regional levels.

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Market Scope:

The research encompasses various strategies such as mergers and acquisitions, government and private sector transactions, partnerships, collaborations, joint ventures, brand promotions, and product launches. This comprehensive approach ensures a thorough understanding of the Thalassemia market dynamics on both global and regional scales.

Drivers:

Thalassemia is a rare genetic blood illness marked by the creation of defective hemoglobin, which causes the loss of red blood cells and results in anemia. Currently, the only therapy choices are blood transfusions and iron chelation therapies. This creates a plethora of market prospects for the development of a universal thalassemia treatment. According to the Thalassemia International Federation, around 7.0 % of the world's population is affected by hemoglobin-related diseases and ailments, with 70.0 % having sickle cell anemia and the rest developing thalassemia or other blood disorders. Around 2.1 percent of the world's population has thalassemia in one form or another. Around 4.4 out of every 10,000 live births in the world are affected by this condition.

Segmentation:

by Product

Iron Chelating Drugs
Exjade/Jadenu (deferasirox)
Blood Transfusions
Folic Acid Supplements
Others


by Type

Gene Therapy
LentiGlobin

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Key Players: The report covers major players in the Thalassemia market, including:

1. bluebird bio, Inc.
2. Acceleron Pharma, Inc.
3. Celgene Corporation
4. GlaxoSmithKline plc
5. Incyte Corporation
6. Gamida Cell
7. Kiadis Pharma
8. La Jolla Pharmaceutical Company
9. IONIS Pharmaceuticals
10. Acceleron Pharma
11. Novartis AG
12. Pharmaceuticals Inc
13. Alnylam Pharmaceuticals Inc
14. Calimmune Inc
15. CRISPR Therapeutics
16. Editas Medicine Inc
17. Errant Gene Therapeutics LLC
18. Gamida Cell Ltd
19. Gilead Sciences Inc
20. Incyte Corp
21. Ionis Pharmaceuticals Inc

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Regional Analysis:

The regional analysis section highlights key market influencers and regulatory changes affecting current and future trends. Factors such as new business deals, alternative sales channels, demographic shifts, regulatory measures, and import-export tariffs are crucial in forecasting the market landscape across different regions.

COVID-19 Impact Analysis on Thalassemia Market:

The COVID-19 pandemic has significantly impacted the global Thalassemia industry, leading to disruptions in manufacturing operations due to workforce shortages and plant closures. Reduced production capacity and restrictions on travel and business operations have contributed to a slowdown in the Thalassemia market in 2020.

Key Questions Answered in the Thalassemia Market Report:

• Which segment dominated the Thalassemia market share?

• What was the competitive landscape of the Thalassemia market in 2020?

• What are the key drivers fueling the growth of the Thalassemia market?

• Which region held the largest market share in 2020?

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