Idiopathic Thrombocytopenic Purpura Market Size to Hit US$827 Million by 2027 | Exhibit a CAGR of 5.5% (2022-2027)
The increasing wealth of growing nations ensuing massive funding in the healthcare sector is predict to Drive Idiopathic Thrombocytopenic Purpura Market Growth
HYDERABAD, TELANGANA, INDIA, February 7, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that the Idiopathic Thrombocytopenic Purpura Market size is estimated to reach $827 million by 2027, growing at a CAGR of 5.5% during the forecast period 2022-2027. Idiopathic Thrombocytopenic Purpura (ITP) is also known as “Immune Thrombocytopenic Purpura” which is demarcated as a form of blood disorder where “Thrombocytopenic” means a reduction in the number of blood platelets and “Purpura” means petechiae that are the acnes or spots of red and purple color on the skin due to seepage of blood. Bloody stool while defecating, and a damaged mucous membrane that leads to bleeding gums are other common symptoms of ITP. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challenges, key players, and more.
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Key Takeaways:
This IndustryARC report on the Idiopathic Thrombocytopenic Purpura Market highlights the following areas -
1. Geographically, the North America Idiopathic Thrombocytopenic Purpura Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the cresting alertness among people, Avant-garde health infrastructure. However, Asia-Pacific is expected to offer lucrative growth opportunities to marketers owing to the robustness of the medical fraternity and the rising inclination to adopt and invest in therapeutic drugs and precision medicines.
2. The intensification in the pervasiveness of countless infections and communicable ailments that detriment the mucous membrane is driving the Idiopathic Thrombocytopenic Purpura Market. However, commotion in the global supply chain of drugs and APIs (=active pharmaceutical ingredients) due to COVID-19 is one of the principal factors that are said to reduce the growth of the Idiopathic Thrombocytopenic Purpura Market.
3. Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Idiopathic Thrombocytopenic Purpura Market report.
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Segmental Analysis:
1. The Long term/Chronic ITP segment is estimated to be the fastest-growing segment with a CAGR of 6.1% over the period 2022-2027. This growth is owing to the massive increase in research and development efforts and an extensive focus on second-line medicines which will cure serious conditions in patients
2. The Hospital segment held the largest share in 2021 owing to the factors such as the availability of necessary tools and techniques required for treating patients inflicted with ITP, cresting cases of ITP, and swelling responsiveness among people invigorating their synergy with doctors as they fancy an unswerving explanation for complications, escalating insistence for rescue treatments. The Retail Pharmacies and drug store segments are estimated to be the fastest-growing segment with a CAGR of 6.3% over the forecast period 2022-2027.
3. North America held the largest share with 37% of the overall market in 2021. The growth in this segment is owing to the factors such as the massive presence of giant pharmaceutical players in the countries like US and Canada, friendly and supportive policies of the government, the boundless presence of world-class retail outlets, hospitals, and diagnostic laboratories, and beyond belief financing into healthcare research.
Competitive Landscape:
The top 5 players in the Idiopathic Thrombocytopenic Purpura industry are -
1. Rigel Pharmaceuticals, Inc.
2. CSL Limited
3. Saol Therapeutics
4. Amgen Inc.
5. Dova Pharmaceuticals, Inc.
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