Research Nester published a report titled “Qualitative Platelet Disorders Treatment Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global qualitative platelet disorders treatment market in terms of market segmentation by treatment, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global qualitative platelet disorders treatment market is anticipated to attain a robust CAGR over the forecast period, i.e., 2022-2030. The market is segmented on the basis of end-user into hospital, ambulatory surgical center, specialty clinics, and others, out of which, the specialty clinics segment is anticipated to gain a notable share during the forecast period. This can be attributed to the availability of specific treatment in specialty clinics, as they are focused on the certain medical branch. Moreover, treatment methods, such as, platelet transfusion are not commonly available, which is further estimated to boost the segment growth.
In Q4 2021, USA current-account deficit widened stood at $224.8 billion. However, in Q1 22, CAD rose by 29.6%, reached to $291.4 billion, adding $66.6 billion to the gap. Export of good and services increased by $25.7 billion to reach $1.03 trillion in the first quarter of 2022. However, goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised- reflecting some sight of relief. On the other hand, annual inflation rate in the country hit 8.5%. Energy CPI surged by 32.9% in July 2022, inflating the cost of logistic and some signs to disrupt supply chain whilst electricity cost upsurged by 15.2%, highest since Feb 2006. Apart from that, In July 2022, existing US home sales declined 5.9% to 4.81 million (seasonally adjusted annual rate), the lowest since May of 2020 and below market expectations of 4.89 million. As mortgage rate touches to peak 6%, sales for houses declined for a sixth consecutive month. Global energy crises to remain at focal point, pushing consumers to spend less on the products and services and save more.
On the other hand, the worst is expected to be seen in the European countries especially during 2022 winters. The energy and gas crises has already started grappling the region where in many Western European countries including Germany is looking for coal fired solutions to tackle the gas supply shortage, created by Russian-Ukraine conflict.
Amidst global concerns, market players have started looking for safe investments by holding on to the new technology and product launches. Factors like currency translation, disruption in global supply chain, Anti-China sentiments brewing across the globe, slowdown in Chinese economy, inflated products prices, USD getting stronger every week, decreasing purchasing power and strict measures taken by central banks/institutions across the world to ensure less spending and more saving, could hit the demand for the product and service badly in near future.
Healthcare Companies and Private Service Providers to have a minimal damage Caused by Inflation:
As US govt. remains committed to quality by spending more in the Medicaid and Medicare programs, incentives by govt. to medical devices, pharma companies and biotech to benefit the market players in short and long term goals. In 2021, U.S. spent $12,318/person on healthcare- highest amongst all OECD countries followed by Germany at $7,383. The federal government commitment towards healthcare systems to enable market players expanding their revenues and mitigating the risk posed by the inflation.
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The global qualitative platelet disorders treatment market is projected to grow on account of growing cases of QPD. According to the National Organization of Rare Diseases (NORD), approximately 500 cases of QPD have been reported, however, a large share of the cases go unreported. Qualitative platelet disorder or QPD is an autosomal recessive genetic disorder, which is passed down through generations. It is more common in communities which conduct intermarriages, which is why it is prevalence in parts of Middle East and Africa. Moreover, the growing research expenditure for the development of new and more effective treatment methods is estimated to boost the market growth.
Regionally, the global qualitative platelet disorders treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Middle East & Africa region is estimated to witness noteworthy growth over the forecast period owing to the prevalent practices of inter-community marriages. The market in the North America region is estimated to gain the largest market share over the forecast period, on the back of presence of major pharmaceutical companies in the region.
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The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Investment in Medical R&D Activities to Boost the Market Growth
According to the World Bank data, 2.204% of the global GDP was spent for R&D activities in 2018.
There are no permanent treatment methods to completely cure QPD. Blood platelet transfusion is repeatedly performed to provide the patient with functional platelets, which is not feasible for most of the patients. This is why, there is a massive demand to develop a new and more effective treatment for QPD. The growing R&D expenditure globally, is estimated to boost the market growth.
However, the high treatment cost is expected to operate as key restraint to the growth of global qualitative platelet disorders treatment market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global qualitative platelet disorders treatment market which includes company profiling of Merck & Co., Inc., Siemens Healthcare GmbH, Boehringer Ingelheim International GmbH, Johnson & Johnson Services, Inc., Baxter International, Inc., Novartis AG, Abbott Laboratories, Sanofi-aventis Groupe, and AbbVie Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global qualitative platelet disorders treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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