Polycythemia vera is a blood disorder in which the body creates too many red blood cells. These extra red cells make blood thicker than normal. The thickened blood flows slower and may clot within body. Red blood cells carry oxygen to organs and tissues throughout the body. If the blood moves too slowly or clots, the cells cannot deliver enough oxygen. This situation can cause serious complications including heart attack, stroke, and heart failure. There are two types of polycythemia vera, which include primary polycythemia vera and secondary polycythemia vera. Polycythemia vera gets worse with time if remain undiagnosed and can be life-threatening. Polycythemia vera can be treatable but is not curable. Polycythemia vera treatment may include phlebotomy and drug therapy. Phlebotomy involves the removal of blood from the body. Drug therapy involves the use of Hydroxyurea and Interferon-alfa. Patients who do not respond to hydroxyurea are treated with ruxolitinib (jakafi) or busulfan. At times a low dose of aspirin, allopurinol and antihistamines are also preferred for polycythemia vera treatment. Givinostat is an emerging drug in global polycythemia vera treatment market.
Market Dynamics
The increasing incidence of polycythemia vera, rising research and development activities for the development of novel therapeutics for the treatment of polycythemia vera, and increasing adoption of inorganic growth strategies such as acquisitions and collaborations by key players operating in the market, are the major factors that are expected to drive growth of the global polycythemia vera therapeutics market over the forecast period.
For instance, according to the National Organization for Rare Disorders, polycythemia vera affects slightly more men than women and the disorder is estimated to affect around 44 to 57 per 100,000 people in the U.S. each year It occurs most often in individuals over 60 years old, but can affect individuals of any age. It is extremely rare in individuals under the age of 20.
Key features of the study:
- This report provides in-depth analysis of the global polycythemia vera therapeutics market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global polycythemia vera therapeutics market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Pfizer Inc, Galena Biopharma, Bristol-Myers Squibb Company, Novartis AG, Eli Lilly and Company, PharmaEssentia Corporation, Bayer AG, Mylan N.V., Teva Pharmaceuticals Industries Ltd, GlaxosmithKline plc, ANP Technologies, INC., F. Hoffmann-La Roche Ltd., Gilead Sciences, Inc, Karus Therapeutics Limited, and Miragen Therapeutics, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global polycythemia vera therapeutics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polycythemia vera therapeutics market
Detailed Segmentation:
- Global Polycythemia Vera Therapeutics Market, By Disease Type:
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- Global Polycythemia Vera Therapeutics Market, By Drug Class:
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- Global Polycythemia Vera Therapeutics Market, By Route of Administration:
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- Global Polycythemia Vera Therapeutics Market, By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Global Polycythemia Vera Therapeutics Market, By Region:
- North America
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country
- Latin America
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Disease Type
- Primary Polycythemia Vera
- Secondary Polycythemia Vera
- By Drug Class
- Antimetabolite
- Kinase Inhibitors
- Alpha Interferon
- Selective Serotonin Reuptake Inhibitors
- Others
- By Route of Administration
- Oral
- Intravenous
- Intramuscular
- Subcutaneous
- By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country/Region
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Pfizer Inc *
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Galena Biopharma
- Bristol-Myers Squibb Company
- Novartis AG
- Eli Lilly and Company
- PharmaEssentia Corporation
- Bayer AG
- Mylan N.V.
- Teva Pharmaceuticals Industries Ltd
- GlaxosmithKline plc
- ANP Technologies, INC.
- Hoffmann-La Roche Ltd.
- Gilead Sciences, Inc
- Karus Therapeutics Limited
- Miragen Therapeutics, Inc.
“*” marked represents similar segmentation in other categories in the respective section.