The prevalence of cryoglobulinemia is estimated to be 1 in 100,000 population, globally. Cryoglobulinemia is considered a rare disease which is caused due to cryoglobulins which is abundance protein in the blood. In colder temperature, cryoglobulins clump together and form clusters due to which blood plasma becomes thick and blocks the normal blood flow to organs and tissue. The cryoglobulinemia is prevalent in women than in men with a ratio of 3:1. Increasing aging population is one of the main factors for increasing the market growth of cryoglobulinemia treatment market. This is because the population aged over 50 years are at high risk of cryoglobulinemia. Population with cryoglobulinemia required cryoglobulinemia treatment and it is also associated with other diseases and infections such as hepatitis C, liver disease, certain blood cell cancers, connective tissue disease and many more. However, the accurate prevalence of cryoglobulins disease is unknown cryoglobulins and are also observed in healthy people. Moreover, symptoms are also undetectable in most of the mild cases due to which healthcare professional may not able to treat the condition. This factor may restrain the cryoglobulinemia treatment of market growth.
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The cryoglobulinemia treatment is based on the type of cryoglobulinemia, affected body part, the severity of the damage, and the underlying condition or disease present. The healthcare professionals will discuss all the necessary information required and suitable options with the patient prior to starting cryoglobulinemia treatment. Rising government initiations to overcome the burden of the rare disease will propel the cryoglobulinemia treatment market growth. The National Health Policy 2017 highlighted the need for rare disease management. The Government of India has taken advice and recommendation from high-level committee on the management of the rare disease and formation of “Policy on treatment of Rare Diseases”. The rising awareness and attention towards rare disease is expected to boost the growth of cryoglobulinemia treatment market.
The global market for cryoglobulinemia treatments segmented on type, treatment type, end user and, geography.
Cryoglobulinemia Treatment Segmentation by Type
- Type I Cryoglobulinemia
- Mixed Cryoglobulinemia (Type II & Type III)
- Essential cryoglobulinemia
- Secondary cryoglobulinemia
Cryoglobulinemia Treatment Segmentation by Treatment Type
- Immunosuppressive drugs
- Biologic Medication
- Antiviral medications
Cryoglobulinemia Treatment Segmentation by End User
- Specialty Clinics
- Ambulatory Surgical Centers
The rising research and clinical trials in rare disease field play a remarkable role in increasing the market growth for cryoglobulinemia treatment market. Today, many cryoglobulinemia treatments are available for moderate to severe cases. Immunosuppressed or corticosteroids are used to stopping the immune system to attack healthy cells. Plasmapheresis therapy is used to filter the clumps of cryoglobulins and prevent blocking of arteries and organ damage. The patient with hepatitis C infection is also highly at risk of cryoglobulinemia. Rising prevalence of hepatitis C infection is expected to increase the market growth of cryoglobulinemia treatment market because hepatitis C infected population are highly prone to cryoglobulinemia disease. If cryoglobulinemia caused due to hepatitis C, the cryoglobulinemia treatment will be with antiviral medication alone or with combination have shown success in cryoglobulinemia treatment. However, a large number of untreated population with hepatitis C is expected to hamper the market growth of cryoglobulinemia treatment market.
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The cryoglobulinemia treatment market in the Asia-Pacific region is expected to show high CAGR growth due to the presence of a large number of the aging population. North America takes the maximum share of the cryoglobulinemia treatment market due to high government initiations and high research and clinical trials activities. The cryoglobulinemia treatment market in Europe and the Pacific’s region is expected to show high growth as well due to the high prevalence of hepatitis C infection. In 2017, 14 Mn population in each region have a hepatitis C infection. Increased awareness about rare disease may help in the management of cryoglobulinemia in the region.
Some of the key players in the cryoglobulinemia treatment market include Teva Pharmaceutical Industries Ltd, Physicians Total Care Inc, Glaxosmithkline Inc, RemedyRepack, Inc., A-S Medication Solutions, LLC., Rpk Pharmaceuticals, Inc., Apotex Corporation, Medimetriks Pharmaceuticals, Inc., NuCare Pharmaceuticals Inc, Glenmark Pharmaceuticals, and others.