APAC, MENA, and African sickle cell anemia markets research report Data By End User (Hospitals, Specialty Clinics, and Others), by Treatment (Pharmaceutics, Blood Transfusion, Bone Marrow Transplant, and Gene Therapy), by Region Forecast to 2032
The sickle cell anemia market in APAC, MENA, and Africa is projected to grow at a noteworthy rate of 14.77% during the research year. Red blood cells are the main organ affected by sickle cell anemia, a hereditary condition. It results in the synthesis of hemoglobin S, an aberrant form of hemoglobin, due to a mutation in the HBB gene. Red blood cells become stiff, and sickle shaped as a result, which can impede blood flow and result in a number of health issues.
Major factors driving the expansion of APAC, MENA, and Africa include the rising prevalence of sickle cell anemia, expanding government support and policies related to the condition, and a greater need for medication therapy. However, it is anticipated that the market's expansion will be constrained by the high expense of bone marrow transplants and the adverse effects of medication therapy. However, to create cheaper sickle cell disease medications and improved treatment choices, the government is partnering with manufacturers. This is said to open profitable potential for participants in the APAC, MENA, and Africa markets.
Market Segment InsightThe sickle cell anemia market in APAC, MENA, and Africa is divided into hospitals, specialist clinics, and other end users. The specialized clinics segment is anticipated to increase at the quickest rate during the forecast period, 2023–2032, while the hospitals segment led the market in 2022.
The APAC, MENA, and Africa sickle cell anemia market has been divided into four segments based on treatment: gene therapy, blood transfusions, medication, and bone marrow transplants. In 2022, the market was dominated by the blood transfusion sector; however, over the forecast period of 2023–2022, the gene therapy segment is anticipated to develop at the highest rate.
The sickle cell anemia market in Asia-Pacific, Middle East & North Africa, and Africa has been divided into three regions based on geographic factors. With the biggest market share in 2022, Asia-Pacific is expected to grow at a compound annual growth rate of 16.31% to reach USD 4,220.86 million by 2032. Nonetheless, throughout the course of the projection period, Asia-Pacific is expected to develop at the highest CAGR of 16.31%.
Principal PlayersThe major companies involved in the sickle cell anemia market in Africa, MENA, and APAC are Nestlé, Pfizer Inc., Novartis AG, Emmaus Medical, Inc., Zydus Group, and Vertex Pharmaceuticals Incorporated.