Middle East and Africa Hemoglobinopathies Market Report and Forecast 2024-2032
Market Report I 2024-06-26 I 140 Pages I EMR Inc.
Middle East and Africa Hemoglobinopathies Market Report and Forecast 2024-2032
Middle East and Africa Hemoglobinopathies Market Size
The global hemoglobinopathies market was valued at USD 6.9 billion in 2023, with the Middle East and Africa holding a significant market share. The market is driven by the rising prevalence of genetic disorders. It is expected to grow at a CAGR of 9.7% during the forecast period of 2024-2032, with the values likely to attain USD 15.9 billion by 2032.
Middle East and Africa Hemoglobinopathies Market Outlook
- Recent data reveals that thalassemia and sickle cell anemia cause a substantial impact on morbidity and mortality. The high prevalence of hemoglobinopathies which can be attributed to the genetic predisposition and high rates of consanguineous marriages in the region is expected to fuel market demand.
- One of the major Middle East and Africa hemoglobinopathies market trends is the surge in regulatory approvals of advanced therapies by health authorities. In January 202 4, the Saudi Food and Drug Authority (SFDA) approved Vertex Pharmaceuticals and CRISPR Therapeutics' Casgevy, a one-time gene-editing therapy leveraging a gene-editing tool called CRISPR/Cas9 to treat sickle cell disease (SCD) in adults and adolescents aged 12 and above.
- The market share is influenced by the increasing awareness campaigns coupled with the rising healthcare expenditures, leading to early diagnosis and better management of these inherited disorders.
Middle East and Africa Hemoglobinopathies Market Analysis
Hemoglobinopathies comprise a group of genetic disorders affecting the structure, function, or production of hemoglobin. The advancements in the global hemoglobinopathies market are increasingly being introduced into the Middle East and African countries. The penetration of such new and innovative treatments in the regional market are positively impacting the standard of care and clinical outcomes for patients with conditions like sickle cell disease and thalassemia. Moreover, the increasing awareness campaigns and advocacy efforts coupled with the rising healthcare expenditure are leading to early diagnosis and better management of these inherited disorders which are poised to significantly contribute to the Middle East and Africa hemoglobinopathies market growth.
The high prevalence of hemoglobinopathies in the region which can be attributed to the genetic predisposition and high rates of consanguineous marriages directly affects the market dynamics. Recent data reveals that thalassemia and sickle cell anemia cause a substantial impact on morbidity and mortality among the affected individuals. Alpha-thalassemia is reported to be prevalent in the Middle Eastern countries. In Saudi Arabia, beta-thalassemia and sickle cell anemia are estimated to be 13.6 and 49.6 per 1000 population, respectively . The growing burden of these hemoglobin disorders is projected to fuel the need for effective diagnostics and treatment solutions to manage such conditions, thereby boosting the Middle East and Africa hemoglobinopathies market demand.
One of the major market trends is the surge in regulatory approvals of novel treatments by the health agencies in the region. In January 202 4, the Saudi Food and Drug Authority (SFDA) approved Casgevy (exagamglogene autotemcel) which is a one-time gene-editing therapy leveraging a gene-editing tool called CRISPR/Cas9 to treat sickle cell disease (SCD) in adults and adolescents aged 12 and above who experience recurrent vaso-occlusive crises. Developed jointly by biotechnology companies Vertex Pharmaceuticals and CRISPR Therapeutics, this gene editing therapy represents the first medicine to receive and be approved via the SFDA Breakthrough Designation pathway. The presence of such regulatory reforms that accelerate the review of therapies that address unmet medical needs is likely to elevate the market value.
Middle East and Africa Hemoglobinopathies Market Segmentation??
The report offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Thalassemia
Sickle Cell Disease
Other Hb Variants Diseases
Market Breakup by Treatment
Stem-Cell Transplantation
Blood Transfusions
Analgesics
Antibiotics
Ace Inhibitors
Hydroxyurea
Monoclonal Antibody Medication
Others
Market Breakup by Test Type
Routine Red Blood Cell (RBC) Count
Genetic Testing
Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
Hemoglobin Isoelectric Focusing (Hb IEF)
Hemoglobin electrophoresis (Hb ELP)
Hemoglobin Solubility Test
Market Breakup by End User
Hospitals and Clinics
Diagnostics Laboratories
Others
Market Breakup by Country
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Leading Players in the Middle East and Africa Hemoglobinopathies Market
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Bio-Rad Laboratories, Inc.
- Bristol-Myers Squibb Company
- Novartis AG
- Pfizer Limited
- Merck KGaA
- Alnylam Pharmaceuticals, Inc.
- Sanofi
- Neusoft Corporation
- Emmaus
- Biogen
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
FAQs
- What is the Middle East and Africa hemoglobinopathies market forecast outlook for 2024-2032?
The Middle East and Africa hemoglobinopathies market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 9.7% during the forecast period of 2024-2032 and is likely to reach a market value of USD 15.9 billion by 2032.
- What are the major factors aiding the Middle East and Africa hemoglobinopathies market demand?
The rising prevalence of thalassemia and sickle cell anemia is fuelling the demand for the market.
- What are the major Middle East and Africa hemoglobinopathies market trends?
One of the significant trends in the market is the surge in regulatory approvals of advanced therapies by health authorities. In January 2024, the Saudi Food and Drug Authority (SFDA) approved Casgevy, a one-time gene-editing therapy to treat sickle cell disease (SCD) in adults and adolescents aged 12 and above.
- What is the market segmentation based on the type?
Based on the type, the market is segmented into thalassemia, sickle cell disease, and other Hb variant diseases.
- What are the various treatments available in the market?
Treatments available in the market include stem-cell transplantation, blood transfusions, analgesics, antibiotics, ace inhibitors, hydroxyurea, and monoclonal antibody medication, among others.
- What is the market breakup by test type?
By test type, the market is divided into routine red blood cell (RBC) count, genetic testing, hemoglobin by high performance liquid chromatograph (Hb HPLC), hemoglobin isoelectric focusing (Hb IEF), hemoglobin electrophoresis (Hb ELP), and hemoglobin solubility test.
- What are the major end users of the market?
End users of the market are hospitals, clinics, and diagnostics laboratories, among others.
- What is the market segmentation by countries?
The market segmentation by countries includes Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
- Who are the key players involved in the Middle East and Africa hemoglobinopathies market?
The key players in the market are Bio-Rad Laboratories, Inc., Bristol-Myers Squibb Company, Novartis AG, Pfizer Limited, Merck KGaA, Alnylam Pharmaceuticals, Inc., Sanofi, Neusoft Corporation, Emmaus, and Biogen.
Meta description
The Middle East and Africa hemoglobinopathies market is poised for growth, driven by the expansion of the global market, which was valued at USD 6.9 billion in 2023 and is projected to grow at a CAGR of 9.7% during the forecast period of 2024-2032.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Middle East and Africa Hemoglobinopathies Market Overview
3.1 Middle East and Africa Hemoglobinopathies Market Historical Value (2017-2023)
3.2 Middle East and Africa Hemoglobinopathies Market Forecast Value (2024-2032)
4 Middle East and Africa Hemoglobinopathies Market Landscape*
4.1 Middle East and Africa Hemoglobinopathies: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Middle East and Africa Hemoglobinopathies: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Treatment
5 Middle East and Africa Hemoglobinopathies Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.2.1 Strengths
5.2.2 Weaknesses
5.2.3 Opportunities
5.2.4 Threats
5.3 Porter's Five Forces Model
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Degree of Rivalry
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Middle East and Africa Hemoglobinopathies Market Segmentation (2017-2032)
6.1 Middle East and Africa Hemoglobinopathies Market (2017-2032) by Type
6.1.1 Market Overview
6.1.2 Thalassemia
6.1.3 Sickle Cell Disease
6.1.4 Other Hb Variants Diseases
6.2 Middle East and Africa Hemoglobinopathies Market (2017-2032) by Treatment
6.2.1 Market Overview
6.2.2 Stem-Cell Transplantation
6.2.3 Blood Transfusions
6.2.4 Analgesics
6.2.5 Antibiotics
6.2.6 Ace Inhibitors
6.2.7 Hydroxyurea
6.2.8 Monoclonal Antibody Medication
6.2.9 Others
6.3 Middle East and Africa Hemoglobinopathies Market (2017-2032) by Test Type
6.3.1 Market Overview
6.3.2 Routine Red Blood Cell (RBC) Count
6.3.3 Genetic Testing
6.3.4 Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
6.3.5 Hemoglobin Isoelectric Focusing (Hb IEF)
6.3.6 Hemoglobin Electrophoresis (Hb ELP)
6.3.7 Hemoglobin Solubility Test
6.4 Middle East and Africa Hemoglobinopathies Market (2017-2032) by End User
6.4.1 Market Overview
6.4.2 Hospitals and Clinics
6.4.3 Diagnostics Laboratories
6.4.4 Others
6.5 Middle East and Africa Hemoglobinopathies Market (2017-2032) by Country
6.5.1 Market Overview
6.5.2 Saudi Arabia
6.5.3 United Arab Emirates
6.5.4 Nigeria
6.5.5 South Africa
6.5.6 Others
7 Saudi Arabia Hemoglobinopathies Market (2017-2032)
7.1 Saudi Arabia Hemoglobinopathies Market (2017-2032) by Type
7.1.1 Market Overview
7.1.2 Thalassemia
7.1.3 Sickle Cell Disease
7.1.4 Other Hb Variants Diseases
7.2 Saudi Arabia Hemoglobinopathies Market (2017-2032) by Treatment
7.2.1 Market Overview
7.2.2 Stem-Cell Transplantation
7.2.3 Blood Transfusions
7.2.4 Analgesics
7.2.5 Antibiotics
7.2.6 Ace Inhibitors
7.2.7 Hydroxyurea
7.2.8 Monoclonal Antibody Medication
7.2.9 Others
7.3 Saudi Arabia Hemoglobinopathies Market (2017-2032) by Test Type
7.3.1 Market Overview
7.3.2 Routine Red Blood Cell (RBC) Count
7.3.3 Genetic Testing
7.3.4 Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
7.3.5 Hemoglobin Isoelectric Focusing (Hb IEF)
7.3.6 Hemoglobin Electrophoresis (Hb ELP)
7.3.7 Hemoglobin Solubility Test
7.4 Saudi Arabia Hemoglobinopathies Market (2017-2032) by End User
7.4.1 Market Overview
7.4.2 Hospitals and Clinics
7.4.3 Diagnostics Laboratories
7.4.4 Others
8 United Arab Emirates Hemoglobinopathies Market (2017-2032)
8.1 United Arab Emirates Hemoglobinopathies Market (2017-2032) by Type
8.1.1 Market Overview
8.1.2 Thalassemia
8.1.3 Sickle Cell Disease
8.1.4 Other Hb Variants Diseases
8.2 United Arab Emirates Hemoglobinopathies Market (2017-2032) by Treatment
8.2.1 Market Overview
8.2.2 Stem-Cell Transplantation
8.2.3 Blood Transfusions
8.2.4 Analgesics
8.2.5 Antibiotics
8.2.6 Ace Inhibitors
8.2.7 Hydroxyurea
8.2.8 Monoclonal Antibody Medication
8.2.9 Others
8.3 United Arab Emirates Hemoglobinopathies Market (2017-2032) by Test Type
8.3.1 Market Overview
8.3.2 Routine Red Blood Cell (RBC) Count
8.3.3 Genetic Testing
8.3.4 Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
8.3.5 Hemoglobin Isoelectric Focusing (Hb IEF)
8.3.6 Hemoglobin electrophoresis (Hb ELP)
8.3.7 Hemoglobin Solubility Test
8.4 United Arab Emirates Hemoglobinopathies Market (2017-2032) by End User
8.4.1 Market Overview
8.4.2 Hospitals and Clinics
8.4.3 Diagnostics Laboratories
8.4.4 Others
9 Nigeria Hemoglobinopathies Market (2017-2032)
9.1 Nigeria Hemoglobinopathies Market (2017-2032) by Type
9.1.1 Market Overview
9.1.2 Thalassemia
9.1.3 Sickle Cell Disease
9.1.4 Other Hb Variants Diseases
9.2 Nigeria Hemoglobinopathies Market (2017-2032) by Treatment
9.2.1 Market Overview
9.2.2 Stem-Cell Transplantation
9.2.3 Blood Transfusions
9.2.4 Analgesics
9.2.5 Antibiotics
9.2.6 Ace Inhibitors
9.2.7 Hydroxyurea
9.2.8 Monoclonal Antibody Medication
9.2.9 Others
9.3 Nigeria Hemoglobinopathies Market (2017-2032) by Test Type
9.3.1 Market Overview
9.3.2 Routine Red Blood Cell (RBC) Count
9.3.3 Genetic Testing
9.3.4 Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
9.3.5 Hemoglobin Isoelectric Focusing (Hb IEF)
9.3.6 Hemoglobin electrophoresis (Hb ELP)
9.3.7 Hemoglobin Solubility Test
9.4 Nigeria Hemoglobinopathies Market (2017-2032) by End User
9.4.1 Market Overview
9.4.2 Hospitals and Clinics
9.4.3 Diagnostics Laboratories
9.4.4 Others
10 South Africa Hemoglobinopathies Market (2017-2032)
10.1 South Africa Hemoglobinopathies Market (2017-2032) by Type
10.1.1 Market Overview
10.1.2 Thalassemia
10.1.3 Sickle Cell Disease
10.1.4 Other Hb Variants Diseases
10.2 South Africa Hemoglobinopathies Market (2017-2032) by Treatment
10.2.1 Market Overview
10.2.2 Stem-Cell Transplantation
10.2.3 Blood Transfusions
10.2.4 Analgesics
10.2.5 Antibiotics
10.2.6 Ace Inhibitors
10.2.7 Hydroxyurea
10.2.8 Monoclonal Antibody Medication
10.2.9 Others
10.3 South Africa Hemoglobinopathies Market (2017-2032) by Test Type
10.3.1 Market Overview
10.3.2 Routine Red Blood Cell (RBC) Count
10.3.3 Genetic Testing
10.3.4 Hemoglobin by High Performance Liquid Chromatograph (Hb HPLC)
10.3.5 Hemoglobin Isoelectric Focusing (Hb IEF)
10.3.6 Hemoglobin electrophoresis (Hb ELP)
10.3.7 Hemoglobin Solubility Test
10.4 South Africa Hemoglobinopathies Market (2017-2032) by End User
10.4.1 Market Overview
10.4.2 Hospitals and Clinics
10.4.3 Diagnostics Laboratories
10.4.4 Others
12. Regulatory Framework
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication Year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by Year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by Departments
14.7 Analysis by Recipient Organization
15 Funding and Investment Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Type of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Type of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1 Market Share by Top 5 Companies
17.2 Bio-Rad Laboratories, Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Bristol-Myers Squibb Company
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Novartis AG
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Pfizer Limited
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Merck KGaA
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Alnylam Pharmaceuticals, Inc.
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Sanofi
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Neusoft Corporation
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Emmaus
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Biogen
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
18 Middle East and Africa Hemoglobinopathies Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
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