Global Iron Deficiency Anemia Therapy Market to reach USD XX billion by 2027.
Global Iron Deficiency Anemia Therapy Market is valued at approximately USD XX million in 2020 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2021-2027. Anemia due to a lack of iron is a prevalent illness that primarily affects children and young women around the world. In affluent countries such as the United States, Canada, the United Kingdom, and Europe, iron deficiency anaemia is a major issue. Anaemia is a severe global public health problem, according to the World Health Organization (WHO), that primarily affects young children and pregnant women. According to the World Health Organization, 42 percent of children under the age of five and 40 percent of pregnant women are anaemic worldwide. Furthermore, malaria and other worm infections are the leading causes of iron deficiency anaemia in impoverished nations. According to the Medicines for Malaria website, over 229 million cases of malaria were reported worldwide in 2019, with 94 percent of those cases happening in the WHO Africa Region. Malaria claimed the lives of roughly 409,000 people globally in 2019. The most vulnerable population to malaria is children under the age of five. As a result of the high prevalence of worm illnesses such as malaria, the incidence of iron deficiency anaemia is rising. Furthermore, the rising risk of hemodilution in pregnant women is a primary driver of the trend. However, stringent regulatory guidelines may impede the market growth over the forecast years.
The regional analysis of the global Iron Deficiency Anemia Therapy Market is segmented for the key regions such as North America, Europe, Asia Pacific, Latin America, and Rest of the World (ROW). North America is the dominating region across the world in terms of market share due to increasing product approvals related to iron deficiency anemia therapy in this region. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the prevalence rate of iron deficiency anemia across the region.
Major market player included in this report are:
Abbvie Inc.
Akebia Therapeutics Inc.
AMAG Pharmaceuticals Inc.
Daiichi Sankyo
Pharmacosmos AS
Pieris Pharmaceuticals Inc.
Sanofi SA
Johnson and Johnson
Bayer AG
Apotex Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Therapy Type:
Oral Iron Therapy
Parenteral Iron Therapy
Red Blood Cell Transfusion
Other Therapy Types
By End User:
Hospitals
Clinics
Home Healthcare
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018-19
Base year - 2019-2020
Forecast period - 2021 to 2027.
Target Audience of the Global Iron Deficiency Anemia Therapy Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors