Anemia Treatment Market Outlook (2022 to 2028)

[257 Pages Report] Sales in the global anemia treatment market are slated to top US$ 10.0 Billion in 2022. With sales growing at a healthy 6.9% CAGR, the market size is projected to total US$ 14.9 Billion by 2028.

Attribute Details
Anemia Treatment Market Estimated Size 2022 US$ 10.0 Billion
Anemia Treatment Market Value-based CAGR (2022 to 2028) ~ 6.9%
Anemia Treatment Market Size in Projected 2028 US$ 14.9 Billion

Ongoing development of enhanced distribution channels and new manufacturing hubs by key players in emerging economies, such as Brazil, India, and China is expected to boost the market. The rising number of pipelines for acute anemia treatment drugs worldwide will continue augmenting the growth in the market.  

The high rate of nutritional deficiency owing to the consumption of alcohol and tobacco is driving sales of aplastic anemia treatment drugs. The increasing prevalence of chronic diseases and improper nutritional diet, especially in underdeveloped countries will spur demand in the market over the forecast period.

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How The Market Progressed Till June 2022?

Particulars Details
H1, 2021 7.60%
H1, 2022 Projected 6.87%
H1, 2022 Outlook 5.37%
BPS Change - H1, 2022 (O) – H1, 2022 (P) (-) 150 ↓
BPS Change – H1, 2022 (O) – H1, 2021 (-) 223 ↓

The comparative analysis and market growth rate of the global anaemia treatment market as studied by Future Market Insights will show a negative BPS growth in the H1-2022 outlook as compared to H1-2022 projected period by 150 BPS. A decline in BPS growth is expected in H1-2022 over H1- 2021 duration with 223 Basis Point Share (BPS).

The market is subject to changes due to new drug approvals, growing disease prevalence, a rise in lifestyle-associated concerns, and technological advancements.

In order to eliminate the medical problem among women working in manual labour, pharmaceutical companies are running iron supplementation programmes. However, low supplement compliance, latent symptoms, and a lack of programme monitoring impede market expansion. This is associated with the reduction in the BPS values for the market.

Furthermore, the market is highly influenced by the recent boost in pharmaceutical production facilities and growing R&D activities for disease therapeutics. Key developments in the market include the emergence of new pharmacological anti-sickling approaches, gene therapies, and advances in haematopoietic stem cell transplantation.

2013-2021 Anemia Treatment Market Outlook in Comparison to 2022-2028 Growth Forecast

The anemia treatment market is expected to register a 6.9% CAGR between 2022 and 2028, up from the 7.3% CAGR recorded during 2013-2021, projects Future Market Insights.

Rising investments in research and development activities by key drug manufacturers to develop and distribute therapeutically effective medicaments, such as chelating agents, antibiotics, ESAs, and dietary supplements will drive the market.

Players are also focusing on the introduction of novel drugs for aplastic anemia treatment that would help in providing superior-quality healthcare in emerging economies.

According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), it is estimated that more than 1 out of every 7 people with kidney disease suffer from anemia. Spurred by the factors above, the market is likely to showcase rapid growth in the forthcoming years.

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How is Rising Incidence of Iron Deficiency Influencing Sales?

The high risk of iron deficiency anemia in pregnant women is expected to propel the sales of novel drugs for iron anemia treatment in the forthcoming years. This mainly happens as the volume of blood increases in the body during pregnancy and the body starts using the iron to make more blood to supply oxygen to the fetus.

The urgent need for iron deficiency anemia treatment options as it can often cause premature births and postpartum depression is expected to boost sales. This condition can also lead to the death of infants immediately before or after birth, also resulting in low birth weight in babies.

Why is the Increasing Geriatric Population Boosting Sales?

The growing geriatric population across the globe is likely to fuel the demand for cutting-edge drugs for iron anemia treatment. Growth is attributable to the inadequate absorption or intake of iron among older people.

Numerous underlying causes, such as the rising prevalence of various chronic ailments, especially infections and cancers among the ageing population are underpinning the need for anemia treatment drugs. As per the World Health Organization (WHO), cancer accounted for about 10 million deaths in 2020 globally. These cases are expected to surge in future, thereby spurring demand in the market.

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Country-wise Insights

What is the U.S. Anemia Treatment Market Outlook?

“Presence of Favorable Reimbursement Policies to Drive Sales of Drugs for Iron Anemia Treatment”

The early adoption of technologically advanced treatment options in the U.S. is a major factor that is expected to boost the market over the forthcoming years. The consistent introduction of favourable reimbursement policies by the government is anticipated to accelerate sales in the U.S. market.

As per the American Family Physician, the prevalence of iron deficiency anemia is about 20% in black and Mexican-American women, 9 to 12% in non-Hispanic white women, and nearly 2% in adult men. Approximately 9% of patients older than 65 years with this condition have gastrointestinal cancer. These numbers are estimated to grow in the near future, thereby propelling the sales of drugs for iron anemia treatment.

How is the U.K. Anemia Treatment Market Progressing?

“Lack of Iron Intake to Propel the Demand for Novel Aplastic Anemia Treatment Options”

The increasing incidence of iron deficiency among individuals in the U.K. will continue driving sales over the forecast period. Innovative technologies and changing lifestyle patterns are other crucial factors expected to drive the demand for drugs for aplastic anemia treatment in the U.K.

Increasing per capita income and the entry of several established companies are leading to the surging number of research and development activities in this country. The rising number of new product launches is also set to augment the growth in the market.

Why is China Anemia Treatment Market Witnessing High Demand?  

“Governments are Taking Initiatives to Deliver Affordable Acute Anemia Treatment Drugs”

Various government initiatives to provide cost-effective acute anemia treatment drugs in China will likely augur well for the East Asia market. Rising awareness among people regarding the treatment and diagnosis of this disease is also expected to boost sales.

In November 2020, for instance, researchers from numerous educational institutions based in China conducted a study to evaluate the prevalence of iron deficiency anemia and anemia in pregnant women. Nearly 13.9% of Chinese women were diagnosed with iron deficiency anemia, while around 19.8% were diagnosed with anemia. The increasing number of similar research studies in this country is anticipated to fuel the market.

Category-wise Insights

Which is the Most Preferred Anemia Treatment Option?

“Medications for Sickle Cell Anemia Treatment are Exhibiting High Demand”

By treatment, the medications segment is anticipated to dominate the global anemia treatment market. Increasing usage of biologics, such as Erythropoietin Stimulating Agents (ESAs) is likely to propel the sales of medications for sickle cell anemia treatment.

In addition to this, a growing number of FDA approvals for numerous biosimilars is expected to provide various benefits to patients living with the anemia of chronic kidney disease. Easy patient access to unique ESAs and the high demand for cost-effective biosimilar medications are set to create new growth opportunities for key players operating in the market.

Which Disease Segment is Likely to Lead the Anemia Treatment Market?

“Acute Anemia Treatment Options are Demanded by Normocytic Anemia Patients”

Based on disease, sales in the normocytic anemia segment are projected to gain traction over the forecast period. The growing prevalence of congenital disorders, such as sickle cell disease across the globe is set to push demand in the segment.

Other long-term chronic diseases, such as thyroiditis, kidney disease, rheumatoid arthritis, and cancer can also cause normocytic anemia in people. According to the Centers for Disease Control and Prevention (CDC), around 58.5 million adults had some form of arthritis, fibromyalgia, or lupus from 2013 to 2015. Thus, rising cases of various chronic diseases worldwide is projected to boost the need for acute anemia treatment options.

Which Distribution Channel is Most Preferred for Anemia Treatment Drugs?  

“Availability of Medications for Sickle Cell Anemia Treatment to Surge Sales from Institutional Pharmacies”

In terms of distribution channel, the institutional pharmacies segment is set to account for nearly 55.9% of the global anemia treatment market share in 2022, finds FMI. The easy availability of a wide range of medications for sickle cell anemia treatment will likely drive the segment over the assessment period.

According to FMI, the retail pharmacies and mail-order pharmacies segments are expected to generate account for 38.0% and 6.1% of the total market share in 2022, respectively. The ability of retail pharmacists to provide customers with personalized advice that would pertain to their specific circumstances and health needs will boost sales. Mail-order pharmacies, on the other hand, are considered to be cost-effective as they eliminate the need to visit pharmacies physically.

Competition Landscape

Leading players operating in the global anemia treatment market are focusing on adopting various marketing strategies to expand their geographical presence and product portfolios. Some of the other key players are striving to join hands with international and local retailers to distribute their in-house acute anemia treatment medications. Meanwhile, a few renowned companies are aiming to develop innovative drugs and gain approval from regulatory bodies for marketing. For instance:

  • In February 2022, the U.S. Food and Drug Administration (FDA) approved Pyrukynd (mitapivat) tablets for the treatment of hemolytic anemia in adult patients living with Pyruvate Kinase (PK) deficiency. The drug’s effectiveness was evaluated by conducting two studies. In the single-arm study, its effectiveness was examined based on the reduction in transfusion burden, whereas in the randomized study, it was based on the hemoglobin response.
  • In February 2022, the European Commission approved Global Blood Therapeutics, Inc.’s Oxbryta (voxelotor) to treat hemolytic anemia in patients suffering from sickle cell disease between the age group of 12 years and above. It is the first medicine that was approved in Europe for destroying red blood cells and directly inhibiting the molecular basis of sickling.

Scope of Report

Attribute Details
Forecast Period 2022 to 2028
Historical Data Available for 2013 to 2021
Market Analysis Units for Volume and US$ Billion for Value
Key Regions Covered North America; Latin America; Europe; South Asia; East Asia; Oceania; and the Middle East & Africa.
Key Countries Covered The USA, Canada, Brazil, Mexico, Germany, the UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.
Key Market Segments Covered Treatment, Disease, Distribution Channel, and Region
Key Companies Profiled Amgen Inc.; Hoffmann-La Roche Ltd.; Novartis AG; Pfizer Inc.; Janssen Pharmaceuticals, Inc.; Teva Pharmaceutical Industries Ltd.; AMAG Pharmaceuticals; Rockwell Medical; Akebia Therapeutics; Vifor Pharma Management Ltd.
Pricing Available upon Request

Anemia Treatment Market by Category

By Treatment:

  • Medications
  • Dietary Supplements

By Disease:

  • Normocytic anemia
  • Microcytic anemia
  • Macrocytic anemia

By Distribution Channel:

  • Institutional Pharmacies
  • Retail Pharmacies
  • Mail Order Pharmacies

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the global anemia treatment market size?

The global anemia treatment market is expected to reach a valuation of US$ 10.0 Bn in 2022.

At what rate did the global anemia treatment market grow between 2013 and 2021?

The global anemia treatment market grew at a healthy 7.3% CAGR between 2013 and 2021.

What are the key trends boosting sales of anemia treatment solutions?

Rising prevalence of cancer and the increasing demand for biologics are the key trends boosting the sales of anemia treatment solutions.

Who are the leading anemia treatment market players?

Amgen Inc., Hoffmann-La Roche Ltd., Novartis AG, Pfizer Inc., Janssen Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., and AMAG Pharmaceuticals are some of the leading players present in the global anemia treatment market.

What is the share of the retail pharmacies segment in the anemia treatment market?

The retail pharmacies segment is anticipated to account for 38.0% of the anemia treatment market share in 2022.

What is the share of the mail order pharmacies segment in the anemia treatment market?

The mail order pharmacies segment is projected to account for 6.1% of the anemia treatment market share in the forecast period.

Table of Content

1. Executive Summary

     1.1. Global Market Outlook

     1.2. Demand Side Trends

     1.3. Supply Side Trends

     1.4. Technology Roadmap

     1.5. Analysis and Recommendations

2. Market Overview

  2.1. Market Taxonomy

  2.2. Market Definition / Scope / Limitations

3. Key Market Trends

  3.1. Anemia Epidemiology, By Key Countries

  3.2. Product Innovation / Key Development Trends

  3.3. New Launches and other trends

4. Key Success Factors

  4.1. Anemia Diagnosis Trend Analysis

  4.2. Global Seeking Rate

  4.3. Drug Pipeline Assessment

5. Global Market - Pricing Analysis

  5.1. Regional Pricing Analysis By Treatment

  5.2. Pricing Break-up

    5.2.1. Manufacturer Level Pricing

    5.2.2. Distributor Level Pricing

  5.3. Global Average Pricing Analysis Benchmark

6. Global Market Analysis 2013-2021 and Forecast, 2022-2028

  6.1. Historical Market Value (US$ Mn) Analysis, 2013-2021

  6.2. Current and Future Market Value (US$ Mn) Projections, 2022-2028

    6.2.1. Y-o-Y Growth Trend Analysis

    6.2.2. Absolute $ Opportunity Analysis

7. Market Background

  7.1. Macro-Economic Factors

    7.1.1. Gross Domestic Product by Region & Country, 2006 – 2021

    7.1.2. Global Healthcare Expenditure Outlook

  7.2. Forecast Factors - Relevance & Impact

    7.2.1. Anemia Prevalence and Growth

    7.2.2. Per-Capita Healthcare Expenditure

    7.2.3. Treatment Seeking Rate

    7.2.4. Prescription Rate and Drug Penetration

    7.2.5. Per Patient Spending

  7.3. Value Chain

  7.4. Market Dynamics

    7.4.1. Drivers

    7.4.2. Restraints

    7.4.3. Opportunity Analysis

8. Global Market Analysis 2013-2021 and Forecast 2022-2028, by Treatment Type

  8.1. Introduction / Key Findings

  8.2. Historical Market Size (US$ Mn) Analysis By Treatment, 2013 - 2021

  8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Treatment, 2022 - 2028

    8.3.1. Microcytic Anemia (Low MCV)

      8.3.1.1. Iron deficiency anemia

      8.3.1.2. Thalassemia

      8.3.1.3. Sideroblastic anemia

    8.3.2. Normocytic Anemia (Normal MCV)

      8.3.2.1. Blood loss Anemia

      8.3.2.2. Sickle cell anemia

      8.3.2.3. Anemia due to chronic disease

      8.3.2.4. Aplastic Anemia

    8.3.3. Macrocytic Anemia (High MCV)

      8.3.3.1. Vitamin deficiency anemia

  8.4. Market Attractiveness Analysis By Treatment

9. Global Market Analysis 2013-2021 and Forecast 2022-2028, by Disease Type

  9.1. Introduction / Key Findings

  9.2. Historical Market Size (US$ Mn) Analysis By Disease Type, 2013 - 2021

  9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Disease Type, 2022 - 2028

    9.3.1. Microcytic Anemia (Low MCV)

      9.3.1.1. Iron deficiency Anemia

      9.3.1.2. Thalassemia

      9.3.1.3. Sideroblastic Anemia

    9.3.2. Normocytic Anemia (Normal MCV)

      9.3.2.1. Blood loss Anemia

      9.3.2.2. Sickle cell anemia

      9.3.2.3. Anemia due to Chronic disease

      9.3.2.4. Aplastic Anemia

    9.3.3. Macrocytic Anemia (High MCV)

      9.3.3.1. Vitamin deficiency Anemia

  9.4. Market Attractiveness Analysis By Disease Type

10. Global Market Analysis 2013-2021 and Forecast 2022-2028, by Route of Administration

  10.1. Introduction / Key Findings

  10.2. Historical Market Size (US$ Mn) Analysis By Route of Administration, 2013 - 2021

  10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Route of Administration 2022 – 2028

    10.3.1. Oral Route

    10.3.2. Injectable Route

  10.4. Market Attractiveness Analysis By Route of Administration

11. Global Market Analysis 2013-2021 and Forecast 2022-2028, by Distribution Channel

  11.1. Introduction / Key Findings

  11.2. Historical Market Size (US$ Mn) Analysis By Distribution Channel, 2013 - 2021

  11.3. Current and Future Market Size (US$ Mn) Analysis and Distribution Channel 2022 – 2028

    11.3.1. Hospital Pharmacies

    11.3.2. Retail Pharmacies

    11.3.3. Mail-order Pharmacies

  11.4. Market Attractiveness Analysis By Distribution Channel

12. Global Market Analysis 2013-2021 and Forecast 2022-2028, by Region

  12.1. Introduction

  12.2. Historical Market Size (US$ Mn) Analysis By Region, 2013 - 2021

  12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022 - 2022

    12.3.1. North America

    12.3.2. Latin America

    12.3.3. Europe

    12.3.4. Middle East and Africa (MEA)

    12.3.5. East Asia

    12.3.6. South Asia

    12.3.7. Oceania

12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2013-2021 and Forecast 2022-2028

  13.1. Introduction

  13.2. Pricing Analysis

  13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  13.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    13.4.1. By Country

      13.4.1.1. U.S.

      13.4.1.2. Canada

    13.4.2. By Treatment Type

    13.4.3. By Distribution Channel

  13.5. Market Attractiveness Analysis

  13.6. Key Market Participants - Intensity Mapping

  13.7. Drivers and Restraints - Impact Analysis

14. Latin America Market Analysis 2013-2021 and Forecast 2022-2028

  14.1. Introduction

  14.2. Pricing Analysis

  14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  14.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    14.4.1. By Country

      14.4.1.1. Brazil

      14.4.1.2. Mexico

      14.4.1.3. Argentina

      14.4.1.4. Rest of Latin America

    14.4.2. By Treatment Type

    14.4.3. By Distribution Channel

  14.5. Market Attractiveness Analysis

  14.6. Key Market Participants - Intensity Mapping

  14.7. Drivers and Restraints - Impact Analysis

15. Europe Market Analysis 2013-2021 and Forecast 2022-2028

  15.1. Introduction

  15.2. Pricing Analysis

  15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  15.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    15.4.1. By Country

      15.4.1.1. Germany

      15.4.1.2. Italy

      15.4.1.3. France

      15.4.1.4. U.K.

      15.4.1.5. Spain

      15.4.1.6. BENELUX

      15.4.1.7. Russia

      15.4.1.8. Rest of Europe

    15.4.2. By Treatment Type

    15.4.3. By Distribution Channel

  15.5. Market Attractiveness Analysis

  15.6. Key Market Participants - Intensity Mapping

  15.7. Drivers and Restraints - Impact Analysis

16. East Asia Market Analysis 2013-2021 and Forecast 2022-2028

  16.1. Introduction

  16.2. Pricing Analysis

  16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  16.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    16.4.1. By Country

      16.4.1.1. China

      16.4.1.2. Japan

      16.4.1.3. South Korea

    16.4.2. By Treatment Type

    16.4.3. By Distribution Channel

  16.5.Market Attractiveness Analysis

  16.6. Key Market Participants - Intensity Mapping

  16.7. Drivers and Restraints - Impact Analysis

17. South Asia Market Analysis 2013-2021 and Forecast 2022-2028

  17.1. Introduction

  17.2. Pricing Analysis

  17.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  17.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    17.4.1. By Country

      17.4.1.1. India

      17.4.1.2. Thailand

      17.4.1.3. Indonesia

      17.4.1.4. Malaysia

      17.4.1.5. Rest of South Asia

    17.4.2. By Treatment Type

    17.4.3. By Distribution Channel

  17.5. Market Attractiveness Analysis

  17.6. Key Market Participants - Intensity Mapping

  17.7. Drivers and Restraints - Impact Analysis

18. Oceania Market Analysis 2013-2021 and Forecast 2022-2028

  18.1. Introduction

  18.2. Pricing Analysis

  18.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  18.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

    18.4.1.  By Country

      18.4.1.1. Australia

      18.4.1.2. New Zealand

      18.4.2. By Treatment Type

      18.4.3. By Distribution Channel

  18.5. Market Attractiveness Analysis

  18.6. Key Market Participants - Intensity Mapping

  18.7. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Market Analysis 2013-2021 and Forecast 2022-2028

  19.1. Introduction

  19.2. Pricing Analysis

  19.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2013 - 2021

  19.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2028

  19.4.1. By Country

      19.4.1.1. GCC Countries

      19.4.1.2. South Africa

      19.4.1.3. Rest of Middle East and Africa

    19.4.2. By Treatment Type

    19.4.3. By Distribution Channel

  19.5. Market Attractiveness Analysis

  19.6. Key Market Participants - Intensity Mapping

  19.7. Drivers and Restraints - Impact Analysis

20. Emerging Countries Market Analysis 2013-2021 and Forecast 2022-2028

  20.1. Introduction

    20.1.1. Market Value Proportion Analysis, By Key Countries

    20.1.2. Global Vs. Country Growth Comparison

  20.2. China Market Analysis

    20.2.1. Introduction

    20.2.2. Market Value Proportion Analysis by Market Taxonomy

    20.2.3. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy

      20.2.3.1. By Treatment Type

      20.2.3.2. By Distribution Channel

    20.2.4. China Market - Competition Landscape

  20.3. India Market Analysis

    20.3.1. Introduction

    20.3.2. Market Value Proportion Analysis by Market Taxonomy

    20.3.3. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy

      20.3.3.1. By Treatment Type

      20.3.3.2. By Distribution Channel

    20.3.4. India Market - Competition Landscape

  20.4. Brazil Market Analysis

    20.4.1. Introduction

    20.4.2. Market Value Proportion Analysis by Market Taxonomy

    20.4.3. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy

      20.4.3.1. By Treatment Type

      20.4.3.2. By Distribution Channel

      20.4.4. Brazil Treatment Market - Competition Landscape

21. Competition Analysis

  21.1. Competition Dashboard

  21.2. Pricing Analysis by Competition

  21.3. Competition Benchmarking

  21.4. Competition Deep Dive

    21.4.1. Amgen Inc

      21.4.1.1. Overview

      21.4.1.2. Product Portfolio

      21.4.1.3. Sales Footprint

      21.4.1.4. Analyst commentary

    21.4.2. Hoffmann-La Roche Ltd

    21.4.3. Novartis AG

    21.4.4. Pfizer Inc

    21.4.5. Janssen Pharmaceuticals, Inc.

    21.4.6. Teva Pharmaceutical Industries Ltd,

    21.4.7. AMAG Pharmaceuticals

    21.4.8. Rockwell Medical

    21.4.9. Akebia Therapeutics

    21.4.10. Vifor Pharma Management Ltd.

22. Assumptions and Acronyms Used

23. Research Methodology

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