Iron-deficiency anemia therapymarket is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 16.4% in the forecast period of 2020 to 2027 and expected to reach USD 8,079.89 million by 2027.
Global Iron-Deficiency Anemia Therapy Market Scope and Market Size
On the basis of therapy, the market is segmented into oral iron therapy and parenteral iron therapy. In 2020, The Iron oral therapy sector maintains a significant market share and will also grow at a higher rate during the forecasted period as oral treatment is generally preferred for iron deficiency treatment and parental iron treatment is usually given to patients who cannot absorb iron orally or are Diagnosis of increased anemia even after adequate intake of iron supplements orally. For this reason the oral iron therapy segment dominates the iron deficiency anemia market. Many iron intravenous iron supplements are approved by the FDA, which is expected to be launched and marketed in the future. For this reason, intravenous iron treatment is expected to grow at a higher rate.
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On the basis of therapy areas, the market is segmented into inflammatory bowel disease, congestive heart failure (CHF), oncology, obstetrics and gynecology, renal and others. In 2020, inflammatory bowel sector maintains a significant market share and will also grow at a higher rate during the forecasted period of the global market for the treatment of iron-deficiency anemia, with a third of IBD patients suffering from persistent anemia. Anemia is a common manifestation of IBD and is often overlooked as complications. Iron deficiency anemia (IDA) is most common in IBD patients, which is due to chronic blood loss and poor iron absorption due to tissue inflammation.
Iron-Deficiency Anemia Therapy Market Country Level Analysis
The countries covered in iron-deficiency anemia therapy market report are U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Rest of Europe in Europe, Japan, China, South Korea, Australia in the Asia-Pacific, Brazil, Argentina, Rest of South America in the South Africa, Rest of World.
Iron-Deficiency Anemia Therapy Market Share Analysis
Iron-deficiency anemia therapy 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, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global iron-deficiency anaemia therapy market.
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Key Players –
The major players covered in the report are ViforPharma Ltd., AMAG Pharmaceuticals, Fresenius SE & CO. KGAA, Sanofi, Novartis AG, ABBVIE INC., Akebia Therapeutics, INC., CHO-A Pharmaceutical CO., LTD., Lupin, Orion Corporation, Pharmacosmos A/S, Shield Therapeutics, Teva Pharmaceutical Industries LTD., Zydus Cadila, Advanz Pharmaceutical, Rockwell Medical, GlaxoSmithKline plc., Alkem Labs, Hikma Pharmaceuticals PLC, Avion Pharmaceuticals, LLC, company among other domestic and global players.
MAJOR TOC OF THE REPORT
Part One: Iron-Deficiency Anemia Therapy Market Overview
Part Two: Manufacturers Profiles
Part Three: Global Iron-Deficiency Anemia Therapy Market Competition, by Players
Part Four: Global Iron-Deficiency Anemia Therapy Market Size by Regions
Part Five: Global Iron-Deficiency Anemia Therapy Market Revenue by Countries
Part Six: Global Iron-Deficiency Anemia Therapy Market Revenue by Type
Part Seven: Global Iron-Deficiency Anemia Therapy Market Revenue by Application
Part Eight: Global Iron-Deficiency Anemia Therapy Market Revenue by Geography
Part Nine: Global Iron-Deficiency Anemia Therapy Market Revenue by Geography
Part Ten: Global Iron-Deficiency Anemia Therapy Market Revenue by Geography
Part Eleven: Global Iron-Deficiency Anemia Therapy Market Revenue by Geography
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According to the report, the global iron deficiency anemia treatment market was valued at US$ 9.2 Bn in 2019 and is projected to expand at a CAGR of ~9% from 2020 to 2030.
Iron deficiency anemia is a common type of nutritional anemia and considered a major public health problem globally.
It results in low level of hemoglobin in the blood.
Moreover, a study conducted for national primary care database in Germany, Belgium, Spain, and Italy, states that the annual incidence rate of iron deficiency anemia ranged from 7.2 to 13.9 per 1,000 person-years.Ferrous Sulfate to Dominate Global MarketIn terms of drug type, the global iron deficiency anemia treatment market has been classified into ferrous sulfate, ferrous gluconate, ferrous fumerate, ferric hydroxide, sodium ferric gluconate, iron carbohydrates, and others.
The availability in generic form, low cost, and higher preference in the treatment of iron deficiency anemia is anticipated to boost the ferrous sulfate segment.Request COVID Analysis on Iron Deficiency Anemia Treatment Market –https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=81221Tablets to be Preferred Dosage FormIn terms of dosage form, the global iron deficiency anemia treatment market has been categorized into tablets, capsules, and liquid.
Tablet is the most stable, inexpensive, and widely available dosage form for the treatment of iron deficiency anemia.
