The 7 major iron metabolism disorders markets are expected to exhibit a CAGR of 3.55% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 3.55% |
The iron metabolism disorders market has been comprehensively analyzed in IMARC's new report titled "Iron Metabolism Disorders Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Iron metabolism disorders encompass a group of medical diseases characterized by abnormal levels of iron in the body. The symptoms vary depending on whether the condition involves iron deficiency or overload. In iron deficiency diseases like iron-deficiency anemia (IDA), some of the common indications are fatigue, weakness, shortness of breath, pale skin, cold hands and feet, etc. Various other signs may include brittle nails, spoon-shaped nails, sore tongue (glossitis), etc. In contrast, iron overload disorders, such as hereditary hemochromatosis, can manifest with fatigue, joint pain, abdominal pain, changes in skin color (bronze or grayish hue), etc. Numerous additional symptoms may include liver enlargement (hepatomegaly), diabetes, heart abnormalities, impotence in men, etc. Diagnosing iron metabolism disorders involves a combination of medical history assessment, physical examination, laboratory procedures, and imaging studies. In suspected cases of iron-deficiency anemia, blood tests are used to measure hemoglobin, hematocrit, mean corpuscular volume (MCV), and serum ferritin levels. For iron overload disorders, transferrin saturation and liver function tests are performed to assess iron levels and organ damage.
The increasing prevalence of several chronic liver diseases, such as cirrhosis and hepatitis, which disrupt normal iron handling and lead to iron overload, is primarily driving the iron metabolism disorders market. In addition to this, the rising incidence of inherited blood diseases that result in abnormal hemoglobin production and high iron absorption is acting as another significant growth-inducing factor. Moreover, the widespread adoption of chelation therapy to reduce the iron burden in tissues and organs, thus minimizing the complications associated with iron overload, is further bolstering the market growth. Additionally, various key players are making extensive investments in R&D activities to introduce novel imaging agents, including superparamagnetic iron oxide nanoparticles (SPIONs), for more sensitive and specific detection of iron accumulation in tissues. This, in turn, is also creating a positive outlook for the market. Furthermore, the emerging popularity of longer-acting erythropoiesis-stimulating agent (ESA) formulations, since they maintain stable and sustained erythropoietic stimulation while allowing for less frequent dosing, is expected to drive the iron metabolism disorders market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the iron metabolism disorders market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for iron metabolism disorders and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the iron metabolism disorders market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current iron metabolism disorders marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Iron Metabolism Disorders: Current Treatment Scenario, Marketed Drugs and Emerging Therapies