The 7 major Sickle Cell Disease markets reached a value of US$ 775.7 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,904.2 Million by 2034, exhibiting a growth rate (CAGR) of 8.5% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 775.7 Million |
Market Forecast in 2034
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US$ 1,904.2 Million |
Market Growth Rate 2024-2034
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8.5% |
The Sickle Cell Disease market is expected to be driven by a strong pipeline of late-stage drugs that offer a strong efficacy and safety profile. Gene therapies represent the most promising drug candidates, although costly, they are expected to offer patients a cure that avoids a painful and risky bone marrow transplant. Furthermore, diagnosis and treatment rates for sickle cell disease have also improved significantly, creating a positive impact on the market.
Sickle Cell Disease (SCD) is a form of inherited blood disorder. Patients with Sickle cell disease have abnormal hemoglobin. This causes the red blood cells to become hard and sticky and appear like a C-shaped farm tool called a “sickle.” The sickle cells die early, resulting in a constant shortage of red blood cells. Signs and symptoms of sickle cell anemia normally appear around 6 months of age. They vary from one individual to another and may change over time. Common symptoms can include anemia, episodes of pain, swelling of hands and feet, frequent infections, delayed growth or puberty, vision problems, etc. Sickle Cell Disease is a genetic disorder that is present at birth. It is inherited when an individual receives two genes - one from both parents that code for abnormal hemoglobin.
IMARC Group’s new report "Sickle Cell Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast" provides an exhaustive analysis of the Sickle Cell Disease market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. The report provides an in-depth understanding of the current and future landscape of the Sickle Cell Disease market. This includes treatment practices, in-market, and pipeline drugs, the 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 for Sickle Cell Disease across the seven major markets. According to the report, among the seven major markets, the United States have the largest patient pool for Sickle Cell Disease and represent the largest market for Sickle Cell Disease treatment. Furthermore, the current Sickle Cell Disease treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 Sickle Cell Disease 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 Sickle Cell Disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Current Treatment Scenario, Marketed Drugs, and Emerging Therapies