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The Von Willebrand disease therapeutics market size has the potential to grow by USD 165.48 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (desmopressin, replacement therapy, and others) and geography (APAC, Europe, North America, and ROW).
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This von Willebrand disease therapeutics market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:
The VWD therapeutics market is concentrated with large pharmaceutical players dominating the market, primarily due to their strong R&D base. These players focus on innovations such as gene therapy. Vendors in the market are well placed to tap the attractive opportunities with substantial late-stage molecules that have shown positive clinical trial results. This von Willebrand disease therapeutics market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.
Market drivers such as the increase in patient assistance programs will create immense growth opportunities for vendors. However, challenges such as underdiagnosis and adverse side effects may impede the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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North America was the largest von Willebrand disease therapeutics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Increased focus on R&D and the presence of several companies in the field of rare diseases will significantly drive VWD therapeutics market growth in this region over the forecast period.
35% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for von Willebrand disease therapeutics in North America. Market growth in this region will be faster than the growth of the market in other regions.
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Desmopressin is the first-line therapy option for the treatment of type 1 VWD and some patients with type 2 VWD. Desmopressin has a high perceived value for the treatment of VWD due to its higher efficacy. Desmopressin is available at a lower cost than biologic replacement therapies. Moreover, it has shown effectiveness in the treatment of VWD. All these factors are expected to drive the growth of the desmopressin segment during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the von Willebrand disease therapeutics market size.
An in-depth scenario-based approach was followed in this von Willebrand disease therapeutics market research report to identify the direct and indirect impact of COVID-19 on market growth. Buy the full market research report to gain actionable insights on the influence of COVID-19 on von Willebrand disease therapeutics market segments.
Von Willebrand disease treatment industry growth is expected to accelerate over the next five years, driven by the rising number of assistance programs for patients who need treatment of von Willebrand disease. Hemophilia is one of the rarest forms of hereditary disease, and VWD forms the smallest segment of hemophilia owing to which the severity of the disease is often underdiagnosed. Various awareness programs and patient assistance programs are being launched by several companies, which is expected to fuel the demand for von Willebrand disease treatment over the next few years. These factors are expected to propel the growth of the von Willebrand disease therapeutics market at a CAGR of almost 6% during the forecast period.
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