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    Blood Coagulants Market

    ID: MRFR/Pharma/2027-CR
    53 Pages
    Kinjoll Dey
    July 2017

    Middle East & Africa Blood Coagulants Market Research Report Information, By Types (Coagulation Factor, others), Indication (Haemophilia, Surgery, other Bleeding Disorders) -Forecast till 2035

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    Blood Coagulants Market Infographic

    Blood Coagulants Market Summary

    The Middle East and Africa Blood Coagulants Market is projected to experience substantial growth from 1250 USD Million in 2024 to 2750 USD Million by 2035.

    Key Market Trends & Highlights

    Middle East & Africa Blood Coagulants Key Trends and Highlights

    • The market is expected to grow at a CAGR of 7.43% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2750 USD Million, indicating robust demand.
    • In 2024, the market is valued at 1250 USD Million, reflecting a solid foundation for future growth.
    • Growing adoption of advanced therapeutic techniques due to increasing prevalence of bleeding disorders is a major market driver.

    Market Size & Forecast

    2024 Market Size 1250 (USD Million)
    2035 Market Size 2750 (USD Million)
    CAGR (2025 - 2035) 7.43%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Blood Coagulants Market Drivers

    Rising Geriatric Population

    The aging population in the Middle East and Africa is contributing to the demand for blood coagulants, as older adults are more susceptible to bleeding disorders and related complications. This demographic shift is influencing healthcare priorities and resource allocation within the Global Middle East & Africa Blood Coagulants Market Industry. As the geriatric population continues to grow, healthcare providers are increasingly focusing on preventive measures and effective treatment options. This trend is likely to bolster market growth, aligning with the overall increase in healthcare expenditure and the anticipated market value of 1250 USD Million in 2024.

    Advancements in Biotechnology

    Technological innovations in biotechnology are reshaping the Global Middle East & Africa Blood Coagulants Market Industry. New recombinant factor therapies and bioengineered products are being developed, offering enhanced efficacy and safety profiles compared to traditional treatments. These advancements are likely to attract investment and research efforts, fostering a competitive landscape. As a result, the market is anticipated to grow at a CAGR of 7.43% from 2025 to 2035. The introduction of novel therapies not only improves patient outcomes but also addresses the unmet needs of various bleeding disorders, thereby expanding the overall market.

    Market Trends and Projections

    The Global Middle East & Africa Blood Coagulants Market Industry is witnessing dynamic trends that reflect the evolving landscape of healthcare. Projections indicate a market value of 1250 USD Million in 2024, with an anticipated growth trajectory leading to 2750 USD Million by 2035. The compound annual growth rate (CAGR) of 7.43% from 2025 to 2035 underscores the increasing demand for innovative blood coagulants. This growth is driven by factors such as technological advancements, demographic shifts, and enhanced healthcare policies, which collectively shape the future of the market.

    Growing Awareness and Education

    There is a notable increase in awareness and education regarding bleeding disorders and the importance of blood coagulants in the Global Middle East & Africa Blood Coagulants Market Industry. Educational campaigns and outreach programs are being implemented to inform patients and healthcare professionals about available treatments. This heightened awareness is likely to lead to earlier diagnosis and treatment, ultimately improving patient outcomes. As more individuals seek effective therapies, the market is expected to experience substantial growth, with projections indicating a market value of 2750 USD Million by 2035.

    Government Initiatives and Funding

    Government initiatives aimed at improving healthcare infrastructure and access to treatment are pivotal for the Global Middle East & Africa Blood Coagulants Market Industry. Various countries are implementing policies to enhance the availability of blood coagulants, particularly in underserved regions. Increased funding for healthcare programs and partnerships with pharmaceutical companies are facilitating the development and distribution of essential therapies. This proactive approach is expected to drive market growth, with projections indicating a market value of 1250 USD Million in 2024 and a potential rise to 2750 USD Million by 2035, reflecting the commitment to improving health outcomes.

    Increasing Prevalence of Hemophilia

    The rising incidence of hemophilia and other bleeding disorders in the Global Middle East & Africa Blood Coagulants Market Industry is a critical driver. Hemophilia affects approximately 1 in 5,000 male births, leading to a growing demand for effective coagulant therapies. This trend is particularly evident in regions with limited access to treatment, where patients rely heavily on blood coagulants for managing their conditions. As awareness and diagnosis improve, the market is expected to expand significantly, contributing to the projected market value of 1250 USD Million in 2024 and potentially reaching 2750 USD Million by 2035.

    Key Companies in the Blood Coagulants Market market include

    Future Outlook

    Blood Coagulants Market Future Outlook

    The Middle East & Africa Blood Coagulants Market is projected to grow at a 7.43% CAGR from 2024 to 2035, driven by increasing surgical procedures, rising prevalence of bleeding disorders, and advancements in coagulant technologies.

    New opportunities lie in:

    • Develop innovative point-of-care testing devices for rapid coagulant assessment.
    • Expand distribution networks to enhance accessibility in rural healthcare settings.
    • Invest in R&D for next-generation coagulants with improved efficacy and safety profiles.

    By 2035, the market is expected to achieve substantial growth, reflecting enhanced healthcare capabilities and increased demand.

    Market Segmentation

    Key Findings:

    • Hemophilia segment dominates the market with nearly 45.5% share of the MEA market
    • MEA coagulation factor market is projected to reach about USD 141.68 million by 2023
    • MEA blood coagulants market for hemophilia segment was estimated to be USD 31.55 million in 2016
    • UAE is the fastest growing region in the MEA blood coagulants market with 10.1% CAGR during 2017 to 2023

    Intended Audience:

    • Medical Research Laboratories
    • Research and Development (R&D) Companies
    • Market Research and Consulting Service Providers
    • Potential Investors 

    Middle East & Africa Blood Coagulants Market Overview

    • Medical Research Laboratories
    • Research and Development (R&D) Companies
    • Market Research and Consulting Service Providers
    • Potential Investors 

    Figure- MEA blood coagulants market, by Country 2016 (%)

    • Medical Research Laboratories
    • Research and Development (R&D) Companies
    • Market Research and Consulting Service Providers
    • Potential Investors 

    Key Players for Middle East & Africa Blood Coagulants Market

    • Pfizer Inc. (U.S.)
    • Bayer AG (Germany)
    • Novo Nordisk AS (Dernmark)
    • Shire (Republic of Ireland)
    • SOBI (Sweden)
    • Octapharma (Switzerland)
    • CSL Limited (Australia)

    Middle East & Africa Blood Coagulants Market Regional Analysis

    • Hemophilia segment dominates the market with nearly 45.5% share of the MEA market
    • MEA coagulation factor market is projected to reach about USD 141.68 million by 2023
    • MEA blood coagulants market for hemophilia segment was estimated to be USD 31.55 million in 2016
    • UAE is the fastest growing region in the MEA blood coagulants market with 10.1% CAGR during 2017 to 2023

    Report Scope

    Attribute/Metric Details
      Market Size 2030  2.77 Billion
      CAGR (  2023-2030)  6.70%
      Base Year   2022
      Forecast Period   2023-2030
      Historical Data   2021
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered  Types and Indication 
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors Pfizer Inc. (U.S.), Bayer AG (Germany), Novo Nordisk AS (Dernmark), Shire (Republic of Ireland), SOBI (Sweden), Octapharma (Switzerland), and CSL Limited (Australia).
      Key Market Opportunities Increasing prevalence of the bleeding disorders, rising funding, healthcare insurance coverage
      Key Market Drivers Awareness programs for bleeding disorders.

    Market Highlights

    Author
    Kinjoll Dey
    Research Analyst Level I

    He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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    FAQs

    At what CAGR is the Middle East & Africa blood coagulants market projected to grow in the forecast period (2023-2030)?

    Middle East & Africa blood coagulants market is projected to grow at approximately 6.70% CAGR during the assessment period (2023-2030).

    How much is the Middle East & Africa blood coagulants market worth in the future?

    Middle East & Africa blood coagulants market is estimated to reach a valuation of approx. USD 2.77 Billion by the end of 2030.

    What are the major tailwinds pushing the growth of the Middle East & Africa blood coagulants market?

    Rising funding from the private & public organizations, proliferation of healthcare insurance coverage, and awareness programs for bleeding disorders, are major tailwinds pushing the growth of the Middle East & Africa blood coagulants market.

    What are the key growth impeders of the Middle East & Africa blood coagulants market?

    Lack of R&D capabilities and awareness in most of the parts of developing and underdeveloped countries and presence of counterfeit drugs in the regions, are major growth impeder for the Middle East & Africa blood coagulants market.

    Which country holds the largest share in the Middle East & Africa blood coagulants market?

    Saudi Arabia holds the largest share in the Middle East & Africa blood coagulants market.

    Who are the top players in the Middle East & Africa blood coagulants market?

    Pfizer Inc. (U.S.), Novo Nordisk AS (Denmark), Bayer AG (Germany), SOBI (Sweden), Shire (Republic of Ireland), CSL Limited (Australia), and Octapharma (Switzerland), are some of the top players operating in the Middle East & Africa blood coagulants market.

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