Von Willebrand Disease Treatment Market Growth Factors, Demand and Analysis till 2028

Published: Wed Jul 24 2019

Increasing awareness associated with rare diseases, growing healthcare expenditure, and expanding government support for treatment against genetic diseases which are rare are anticipated to lead to an extensive growth in the Von Willebrand Disease treatment market over the period of forecast. Consistent FDA approvals of new Von Willebrand disease treatment therapies and Von Willebrand Disease treatment drugs are expected to boost the Von Willebrand Disease Treatment Market.

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Von Willebrand disease is a bleeding defect that delays the process of blood clotting. It is seen in both, females and males, irrespective of the race. It is a genetic disorder which is carried on chromosome number 12. According to the World Federation of Hemophilia, Von Willebrand disease is a very common bleeding defect. People suffering from the Von Willebrand disease have a defect in the protein present in their blood, known as the Von Willebrand factor, which deals with controlled bleeding. If a blood vessel is wounded, and it’s bleeding, then this Von Willebrand factor helps the cells present in the blood, called platelets, to mesh around together and form a clot to control and stop any further bleeding. Von Willebrand disease is classified into 4 types, among which, the fourth type is acquired, not genetic. As per the Hemophilia Foundation of Australia, Von Willebrand disease has affected almost 200,000 people in the region, among which, most of the people have very few or no symptoms at all. Most Von Willebrand disease cases have not been diagnosed, and the affected individuals are unaware of any Von Willebrand disease treatment. Many new efficient therapeutic therapies are being introduced for Von Willebrand disease treatment in the market. Though Von Willebrand disease is not completely curable, one can live an active lifestyle by maintaining personal care and living a healthy lifestyle and avoid Von Willebrand Disease Treatment.

However, the growth of the Von Willebrand disease treatment market can be hindered due to the lack of awareness about the disease and lack of diagnosis. This is because people suffering from Von Willebrand disease have very few or no symptoms at all.

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Von Willebrand disease treatment depends on the severity of the disease. The first Von Willebrand Disease Treatment set for patients is desmopressin, which is a synthetic hormone allowing the Von Willebrand factor in the blood vessels lining to be released. Type 1 and Type 2 of Von Willebrand disease have more effective results with this type of Willebrand Disease treatment as compared to the other types. If desmopressin is ineffective, replacement therapies are taken into consideration. These therapies include doses of blood clotting factors, including the Von Willebrand factor. Many recombinant therapies are being introduced which reduce any risk of allergic conditions or viral infection. For women facing heavy menstrual flow, contraceptives are provided as a treatment option. Other clot-stabilizing drugs help mainly in dental procedures by slowing down the breakdown of blood clots. The fourth type, which is Acquired Von Willebrand disease, occurs after an individual is diagnosed with some autoimmune disease, say lupus, or any cardio vascular disease, or any type of cancer.

North America’s Von Willebrand disease treatment market is expected to grow over the period of forecast because of increasing research activities for the diagnosis as well as the treatment for Von Willebrand disease. Europe’s market for Van Willebrand disease treatment is expanding, owing to rapid approvals of Von Willebrand disease treatment drugs in relation to marketing in the region. The European Medicines Agency granted a permit to VEYVONDI in June 2017, which is considered to be a replacement therapy for Von Willebrand disease treatment. The Asia Pacific Von Willebrand Disease Treatment market and Latin America’s Von Willebrand disease treatment market are expected to be lucrative Von Willebrand Disease Treatment markets because of increased initiatives by governments for healthcare access, increase in global vendors, and rising disposable income.

The major market participants operating in the global Von Willebrand disease treatment market are Octa Pharma, Grifols Biological Inc, CSL-Behring, LFB, Shire, Ferring Pharmaceuticals, Sun Pharmaceuticals Industries Limited, BDI Pharma, and Baxalta.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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