Aplastic Anemia Treatment Market size was over USD 6.72 Billion in 2023 and is likely to reach USD 12.45 Billion by the end of 2036, witnessing around 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of aplastic anemia treatment is assessed at USD 7 Billion. This growth can be attributed to increasing prevalence of aplastic anemia, increasing awareness about aplastic anemia and its treatment as well as increasing investments in research and development of aplastic anemia treatment therapies. There are approximately equal numbers of males and females suffering from aplastic anemia. The greatest incidence of aplastic anemia occurs in childhood, although it affects people of all ages. Between the ages of 20 and 25, there is an additional peak. Around 700 to 800 Americans are diagnosed with aplastic anemia each year. Early diagnosis of aplastic anemia is important as it allows doctors to identify the underlying cause of the disease, which can help them determine the best treatment plan for the patient. Additionally, early diagnosis gives patients more time to make lifestyle changes that can help reduce the risk of complications, such as avoiding activities that can weaken the immune system.
Early treatment aplastic anemia is necessary in order to prevent the bone marrow from becoming completely non-functional. Without treatment, the body will not be able to produce the necessary red and white blood cells, leading to anemia, infections, and other complications. Aplastic anemia treatment depends on the severity of the condition, but may include medications to increase white blood cell production, blood transfusions, immunosuppressant medications, and stem cell transplants.
In some cases, a bone marrow transplant may be necessary. Medications may be used to stimulate the production of new blood cells, or the patient may receive blood transfusions or immunosuppressant medications to help regulate their immune system. In more severe cases, a bone marrow transplant or stem cell transplant may be necessary to replace the affected bone marrow with healthy blood-forming cells.
In addition to these, factors that are believed to fuel the market growth of aplastic anemia treatment include the rising geriatric population, continuous technological advancements in stem cell therapy, and increasing awareness among patients and healthcare providers. Moreover, the development of novel treatments, such as gene therapy and stem cell therapy along with rise in number of clinical trials is further contributing to the growth of the market. Clinical trials provide a platform for the evaluation and approval of new drugs, ultimately resulting in an increase in the availability of drugs. Consequently, new treatments for aplastic anemia have been adopted, contributing to an increase in market revenue.
Author Credits: Radhika Pawar
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