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Recombinant Coagulation Factors Market by Regional Analysis, Key Players and Forecast 2025
Posted: Sep 27, 2017
oagulation factors are obstructing the growth of recombinant coagulation factors market. While the R&D pipeline of recombinant coagulation factors is growing, other methods are strongly developing in early clinical development which may become the real threat to the recombinant coagulation factors market.
The recombinant coagulation factors market can be segmented based on type, hemophilia type, end-user, and region. In terms of type, the market can be categorized into recombinant factor VIII, recombinant factor IXa, recombinant factor VIIa, and Von Willebrand factor. Recombinant factor VIIa or (rFVIIa) is available for treatment of people suffering from hemophilia with inhibitors who experience bleeding or require surgery. Recombinant or human plasma-derived factor IX products are used in the treatment and prevention of bleeding in patients with hemophilia B. Wide acceptance of recombinant coagulation factors throughout the developed world has considerably increased the supply of coagulation factor that concentrates and helped development of aggressive therapeutic interferences such as prophylaxis.
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Based on hemophilia type, the global recombinant coagulation factors market can be segmented into hemophilia A and hemophilia B. Hemophilia A (factor VIII deficiency) results from a missing or deficient protein needed for blood clotting. People suffering from hemophilia B bleed longer than other people. Hemorrhages can occur externally, from dental procedures, minor cuts, or trauma or internally in joints and muscles. In terms of end-user, the market can be segmented into research organizations, hospitals, clinics, and academic institutes.
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The global recombinant coagulation factors market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the market, followed by Europe. Increasing demand for treatment and rising patient awareness about different treatment options drive the market in North America. The recombinant coagulation factors market is growing owing to increasing population and rising demand for rapid diagnosis and better treatment for hemophilia globally. In addition, the global recombinant coagulation factors market is expected to grow at a high rate in the next few years. Increasing medical tourism in developing countries, rising investments by market players in Asia Pacific, especially in India and China, and growing awareness about hemophilia treatment are likely to drive the market in Asia Pacific during the forecast period.
Key players operating in the global recombinant coagulation factors market are Bayer, Wyeth, Baxter International, Inc., P?zer, Inc., Novo Nordisk, Octapharma AG, Emergent BioSolutions Inc., CSL Behring, and Biogen. Increasing competition among key players to develop new therapy for hemophilia is projected to drive the recombinant coagulation factors market.ss
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