Market Analysis and Size
In recent years, the Von Willebrand disease (factor VIII deficiency) market is anticipated to grow rapidly during the forecast period. The rise in patient support programmes is a primary driver of industry expansion.
The PAN Foundation launched a new patient aid programme for persons with von Willebrand disease in July 2021. Patients who qualify for the programme will get USD 10,200 per year in financial support to cover deductibles, co-pays, and coinsurance costs related with their von Willebrand disease therapy.
Data Bridge Market Research analyses that the Von Willebrand disease (factor VIII deficiency) market was valued at USD 491 million in 2021 and is expected to reach USD 781.99 million by 2029, registering a CAGR of 5.99% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Von Willebrand Disease (Factor VIII Deficiency) Market Dynamics
Drivers
- Increasing prevalence of Von Willebrand disease (factor VIII deficiency)
The rising prevalence of Von Willebrand disease (factor VIII deficiency) is a primary driver of the market's growth.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of Von Willebrand disease (factor VIII deficiency) market is the rising healthcare expenditure which helps in improving its infrastructure.
Furthermore, rising initiatives by public and private organizations to spread awareness will expand the Von Willebrand disease (factor VIII deficiency) market. Additionally, high disposable income and increase in the launch of new therapies will result in the expansion of the market. Along with this, rising geriatric population and continuously changing lifestyle will enhance the growth rate of the market.
Opportunities
- Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the Von Willebrand disease (factor VIII deficiency) market growth. Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the Von Willebrand disease (factor VIII deficiency) market growth during the forecast period.
Global Von Willebrand Disease (Factor VIII Deficiency) Market Scope
The Von Willebrand disease (factor VIII deficiency) market is segmented on the basis of type, drugs, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Type 1 von Willebrand Disease
- Type 2 von Willebrand Disease
- Type 3 von Willebrand Disease
Drugs
- Antihemophilic Factor/Von Willebrand Factor Complex
- Von Willebrand Factor/Coagulation Factor VIII Complex
- Von Willebrand factor (Recombinant)
- Desmopressin Acetate
- Others
Route of Administration
- Oral
- Parenteral
- Others
End-Users
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- Others
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Von Willebrand Disease (Factor VIII Deficiency) Market Regional Analysis/Insights
The Von Willebrand disease (factor VIII deficiency) market is analysed and market size insights and trends are provided by country, type, drugs, route of administration, end-users and distribution channel as referenced above.
The countries covered in the Von Willebrand disease (factor VIII deficiency) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the Von Willebrand disease (factor VIII deficiency) market because of the growing prevalence of Von Willebrand disease (factor VIII deficiency) in this region. Additionally, growing focus of major key players on novel technology will further propel the market’s growth rate in this region.
Asia-Pacific are expected to grow during the forecast period due to number of population and rising healthcare expenditure in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Von Willebrand Disease (Factor VIII Deficiency) Market Share Analysis
The Von Willebrand disease (factor VIII deficiency) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Von Willebrand disease (factor VIII deficiency) market.
Some of the major players operating in the Von Willebrand disease (factor VIII deficiency) market are:
- Hoffmann-La Roche Ltd. (Switzerland)
- Mylan N.V. (US)
- Teva Pharmaceutical Industries Ltd.(Jerusalem)
- Sanofi (France)
- Pfizer Inc. (US)
- GlaxoSmithKline plc (UK)
- Novartis AG (Switzerland)
- Bayer AG (Germany)
- Merck Co., Inc. (US)
- Allergan (Ireland)
- AbbVie Inc. (US)
- Cipla Inc. (US)
- Abbott (US)
- Merck KGaA (Germany)
- Amneal Pharmaceuticals LLC. (US)
- Amgen Inc. (US)
- Boehringer Ingelheim International GmbH. (Germany)
- Novo Nordisk A/S (Denmark)
- Sun Pharmaceutical Industries Ltd. (Mumbai)
- Zydus Cadila (Ahmedabad)
- Baxter (US)
- Glenmark Pharmaceuticals Limited (India)
- Bausch Health Companies Inc. (Canada)
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