Post-Hemorrhagic Anemia Treatment Market Size

Post-Hemorrhagic Anemia Treatment Market size was valued at USD 5.3 Billion in 2023 and is anticipated to exceed USD 11.16 Billion by the end of 2036, registering over 5.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of post-hemorrhagic anemia treatment is evaluated at USD 5.58 Billion. The growth of the market can be attributed to the higher cases of road accidents and trauma. Sudden accidents can cause severe injuries that leads to heavy blood loss. Around the world, 1.35 million people die due to road accident every year. Nearly 3,700 people per day die worldwide in collisions involving automobiles, buses, motorbikes, bicycles, lorries, or pedestrians.

In addition to these, factors that are believed to fuel the market growth of post-hemorrhagic anemia treatment include the growing number of trauma cases across the globe, and increasing prevalence of bleeding disorders, such as hemophilia and Von Willebrand disease. In 2020, approximately 210,000 people in the world suffered from hemophilia, and about 84,000 were diagnosed with Von Willebrand disease. Along with these, rise in awareness levels regarding anemia, and escalating technological developments in the pharmaceutical sector, especially in developed and developing nations. Furthermore, surge in the percentage of population with a family history of anemia and blood diseases is projected to elevate the total number of cases of acute post-hemorrhagic anemia. This in turn is predicted to offer abundant growth opportunities to the market in the near future.