Australia Hemoglobinopathies Market Size & Outlook
Australia hemoglobinopathies market, 2018-2030 (US$M)
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Australia hemoglobinopathies market highlights
- The Australia hemoglobinopathies market generated a revenue of USD 243.5 million in 2022 and is expected to reach USD 680.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 13.7% from 2023 to 2030.
- In terms of segment, sickle cell disease was the largest revenue generating disease type in 2022.
- Sickle cell disease is the most lucrative disease type segment registering the fastest growth during the forecast period.
Hemoglobinopathies market data book summary
| Market revenue in 2022 | USD 243.5 million |
| Market revenue in 2030 | USD 680.0 million |
| Growth rate | 13.7% (CAGR from 2022 to 2030) |
| Largest segment | Sickle cell disease |
| Fastest growing segment | Sickle cell disease |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thalassemia, Sickle cell disease, Other Hb Variants |
| Key market players worldwide | Sangamo Therapeutics Inc, Global Blood Therapeutics, Bluebird bio Inc, Emmaus Life Sciences Inc, Pfizer Inc, Novartis AG ADR, Prolong Pharmaceuticals, Bioverativ, Gamida Cell, Bristol-Myers Squibb Co |
Other key industry trends
- In terms of revenue, Australia accounted for 1.6% of the global hemoglobinopathies market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hemoglobinopathies market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,635.2 million by 2030.
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Hemoglobinopathies Market Scope
Hemoglobinopathies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia hemoglobinopathies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hemoglobinopathies market will help companies and investors design strategic landscapes.
Sickle cell disease was the largest segment with a revenue share of 59.26% in 2022. Horizon Databook has segmented the Australia hemoglobinopathies market based on thalassemia, sickle cell disease, other hb variants covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is a ethnically diverse country and has been witnessing migration of individuals from Asia and the Middle East & Africa. The highest number of migrants were from England, China, and India. The percentage of individuals carrying traits for hemoglobinopathies is higher in individuals from Asian countries such as Bhutan, Myanmar, and India, which is likely to increase the burden of hemoglobinopathies in the country.
Rising migrant population is expected to boost the need for better diagnosis options for monitoring hemoglobinopathies and providing effective treatment therapies. In addition, organizations such as Australian Sickle Cell Advocacy, Inc. (ASCA) and Thalassaemia and Sickle Cell Australia are working toward generating awareness about the conditions and improving screening.
Moreover, studies being conducted on the mitigation of lung damage in SARS-CoV-2 patients by using SCD drug, if successful, are anticipated to positively impact the market growth.
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Our clientele includes a mix of hemoglobinopathies market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia hemoglobinopathies market , including forecasts for subscribers. This country databook contains high-level insights into Australia hemoglobinopathies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia hemoglobinopathies market size, by disease type, 2018-2030 (US$M)
Australia Hemoglobinopathies Market Outlook Share, 2022 & 2030 (US$M)
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