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Sickle Cell Disease Drugs Market Trends

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Report ID: 3094
Published Date: Sep 02, 2024
Report Format: PDF, PPT

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Sickle Cell Disease Drugs Market Trends

Growth Drivers

Growing Prevalence of Sickle Cell Diseases
Increasing Funding in the Medical R&D Activities

Challenges

Lack of Healthy Donors
Costly Treatment for the Disease

Sickle Cell Disease Drugs Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	15.9%
Base Year Market Size (2023)	USD 2.71 billion
Forecast Year Market Size (2036)	USD 18.45 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Sickle Cell Disease Drugs Market Size & Share, Growth Analysis 2036

Author Credits: Radhika Pawar

Report ID: 3094
Published Date: Sep 02, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of sickle cell disease drugs is evaluated at USD 3.05 billion.

Sickle Cell Disease Drugs Market size was over USD 2.71 billion in 2023 and is poised to cross USD 18.45 billion by 2036, growing at more than 15.9% CAGR during the forecast period i.e., between 2024-2036. Rising prevalence of sickle cell disease, such as, sickle cell anemia, due to genetic mutation will boost the market growth.

North America is anticipated to account for largest revenue share by 2036, on the back of advanced medical facilities, and research and development activities.

The major players in the market are Medunik USA Inc., Emmaus Life Sciences, Inc., CellSeed, Inc., Global Blood Therapeutics, Inc., Sio Gene Therapies Ltd., Imara, Inc., Modus Therapeutics AB, Bluebird bio, Inc., Vertex Pharmaceuticals Incorporated, and others.

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