Haematology term defines condition related to blood and blood diseases. Blood is specialized body fluid and composed of four major components including plasma, red blood cells, platelets and white blood cells. It performs important functions such as transporting oxygen & nutrients to the lungs and tissues, regulating body’s temperature, carrying waste material to kidneys & liver that filter & clean the blood, blood clot formation so as to hault excess blood loss in injury and many more. However if blood is not in good condition it cannot accomplish bodies requirement which in turn results into deformities causing disorder. Common blood disorders include anaemia, bleeding disorders such as blood clots & haemophilia, and blood cancer like leukaemia, myeloma, and lymphoma.
Market Growth Factors
An increased predominance of blood-related diseases is the prime factor driving the growth of rare haematology market. In addition, growing demand to provide advanced & improved diagnostic treatment at early phase in comparatively shorter time frame has challenged the hematologists to focus on developing enhanced techniques of diagnosis. Furthermore, numerous clinical trials and several drugs in pipeline has expected to enhance the growth of the market. However, stringent guideline norms followed by FDA and insufficient support by the disease specific foundations for research purpose are likely to inhibit the growth of the rare haematology market.
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The segmentation of rare haematology market is made on the basis of treatment type, age and geography. Based on treatment type the market is broadly classified into market, plasma derived factors, von wilebrand disease, hemophilia A, hemophilia B, acquired hemophilia A and others. Considering the age factor being affected with haematological diseases the market is divided into adults and pediatric. Geographically the market is segmented into-
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o South Africa
o Rest of the LAMEA
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The major key players dominating the rare haematology market are-
- PRA Health Sciences
- Bayer Healthcare AG
- Novo Nordisk A/S
- Amgen Inc.
- Biogen Inc.
- Celgene Corporation
- Pfizer Inc
- Alexion Pharmaceuticals Inc
- CSL Behring LLC
- Shire plc
French pharmaceutical company Sanofi is all set to acquire biotech giant Bioverativ for about $11.6 billion. Its main target is to establish and enhance the leadership in rear diseases and become major player in the market. The partnership will mainly focus on giving strong competition and leaving behind a renowned company Roche who is controlling both diabetes and haematology market.
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