According to Coherent Market Insights, the Middle East and Turkey hemophilia treatment market to grow 4.2% CAGR

▴ hemophilia treatment
A CAGR of 4.2% during the forecast period (2019-2027), owing to increasing product launches by key players.

Middle East and Turkey hemophilia treatment market is expected to witness significant growth over the forecast period, owing to increasing demand for hemophilia treatment option such as recombinant coagulation factor and plasma-derived coagulation factor concentrates in emerging economies such as Saudi Arabia and Turkey, which is expected to drive the segment growth during the forecast period. For instance, according to the reports published by the World Federation of Hemophilia in 2016, demand for plasma-derived coagulation factors is high compared to recombinant coagulation concentrate. Moreover, plasma-derived coagulation concentrate are easily available in emerging economies such as Turkey and Saudi Arabia.

Moreover, increasing research and development for the development of novel therapies and rising incidence of hemophilia B is expected to drive the market growth. For instance, in August 2019, Mitsubishi Tanabe Pharma and Jichi Medical University entered into a collaboration to launch research study program for the development of gene therapy products, which can be used in the treatment of Hemophilia B. Moreover, according to the World Federation of Hemophilia 2018 statistics, around 1,084 cases of hemophilia B were reported in 2017, in Egypt.

Middle East, Asia Pacific, and Africa are expected to be the potential markets for hemophilia, owing to increasing healthcare awareness along with supportive government initiatives towards patient care and prevention of bleeding disorders. This is expected to create a favorable environment for market players. For instance, in July 2019, UAE Ministry of Health & Prevention (MoHAP) signed a Memorandum of Understanding (MoU) with Swedish Orphan Biovitrum AB Middle East and Bayti Home Healthcare. The initiative is for patients with Hemophilia A and Hemophilia B, who have difficulty in visiting medical centers and, in order to support and improve adherence to the treatment protocols prescribed by the doctors.

Among countries, Israel hemophilia treatment market is expected to witness significant growth over the forecast period, owing to presence of research facilities in Israel, which aids in conducting clinical studies for hemophilia therapy. For instance, in April 2019, Sheba Medical Center, Tel HaShomer, an Israel-based hospital, is the first hospital in Middle East region that conducted phase III trial on humans using the innovative gene therapy developed by the U.S.-based pharmaceutical company.

Tags : #cagr #middleeast #turkey #haemophilia #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Dark Web Health Data: Why Medical Records MatterOctober 27, 2026
Can Conversational AI Improve Patient Follow-Up After Discharge?October 27, 2026
UAE fast-tracking advanced diagnostics as global market heads for US$152 billionOctober 26, 2026
How Digital Check-In Can Support More Accessible Patient JourneysOctober 26, 2026
The Role of Consent Communication in Digital Healthcare ServicesOctober 26, 2026
How Data Analytics Is Transforming Hospital Decision-MakingOctober 26, 2026
Hospital Intelligence: The Next Big Leadership Shift in India October 26, 2026
What Patients Should Expect From a Well-Designed Health Checkup ProgrammeOctober 23, 2026
Building Stronger Community-Based Screening ProgrammesOctober 23, 2026
Gulf Medical University Ranks 1st for International Student Ratio in QS Arab Region Rankings 2027October 22, 2026
Arthritis Is Not Just an Elderly Person's Disease: Why Younger Adults Are Also Developing Joint ProblemsOctober 22, 2026
Krishna Automotive strengthens its operations in Hyderabad. Enhances customer offering with BMW Service Workshop and BMW Premium Selection.October 22, 2026
CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 set for season opener in CoimbatoreOctober 22, 2026
The Anonymous Indian Charitable Trust (TAICT) Wins Sustainable Organization Award 2026October 22, 2026
Vinod Intelligent Cookware Targets Delhi’s Premium Cookware Market with Freya Brand ActivationOctober 22, 2026
Apollo Hospitals and Avadi Police Commissionerate Organise Health Camp for Police Personnel and Their Families Under ‘Kaval Kudumbam’ SchemeOctober 22, 2026
TAMPOS Midterm Conference 2026 Brings Together 150 Oncologists to Advance Cancer Care Across Tamil NaduOctober 22, 2026
Shades of Pink: Apollo Athenaa Women's Cancer Centres puts the spotlight on breast health awarenessOctober 22, 2026
How Health Systems Can Reduce Missed Follow-UpsOctober 21, 2026
What Good Care Coordination Looks Like Across Multiple ProvidersOctober 21, 2026