Global Iron Metabolism Disorders Drugs Overview
Disorder leads to an uneven intake of iron from your food by your body. Your liver, heart, and pancreas in particular store a lot of extra iron. In electron transfer processes, which are crucial for the proper functioning of the entire body, iron plays a crucial part in metabolism. Life-threatening illnesses like liver disease, cardiac issues, and diabetes can be brought on by an excess of iron, while an iron deficit can bring on an iron deficiency Anaemia, it is a condition in which the blood does not contain enough healthy red blood cells.
Growing prevalence about disorder related to Iron deficiency or excess of Iron absorption in population due to various reasons is expected to propel Iron Metabolism Disorders Drugs Market. Iron deficiency disorder such as Iron deficiency anemia has 30% active patient in total population and millions of active diabetic and liver disorder patient which is expected to boost the market for Iron Metabolism Disorder Drugs Market.
Attributes |
Details |
Iron Metabolism Disorders Drugs Market Value (2022) |
US$ XXBn |
Iron Metabolism Disorders Drugs Market Projected Value (2032) |
US$ XXBn |
Iron Metabolism Disorders Drugs Market CAGR (2022 – 2032) |
XX% |
Global Iron Metabolism Disorders Drugs Drivers & Restraints
Increase in healthcare spending
The market for drugs to treat problems of iron metabolism may benefit from higher healthcare spending by the public and private sectors. Increased private company investment in new research and development could result in an increase in the market for medications that treat problems of iron metabolism. The rise of the market for medications for iron metabolic diseases may be caused by startups with novel technologies seeking investment from larger corporations to solidify their position.
Growing development of pipeline drugs
The increasing development of pipeline medications, which were presented by major pharmaceutical companies, can boost the product offering and lead to market expansion by extending the range of diseases that are covered for disorders connected to iron metabolism. The majority of the medications are in phase 3 and should go on sale soon.
Restrains:
Limited Awareness and Under diagnosis:
Iron metabolism disorders such as iron deficiency anemia and hereditary hemochromatosis often go undiagnosed or are misdiagnosed. Lack of awareness about these disorders among both healthcare professionals and the general population can hinder early detection and treatment. Limited diagnosis leads to a smaller patient pool and can impede the growth of the market for drugs targeting iron metabolism disorders.
Global Iron Metabolism Disorders Drugs Segmentations & Regional Insights
Iron Metabolism Disorders Drugs Market is segmented based on Metabolism Disorder, Drug Type and Region.
Metabolism Disorder Insight
On the basis of Metabolism Disorder type, Iron Metabolism Disorders Drugs Market is segmented into Iron Deficiency and Iron Overloaded. Iron Deficiency have large number of active patients, around 30% of population have Iron Deficiency Anemia. About 50% from total active anemia patient have Iron Deficiency Anemia.
Drug Type Insights
On the basis of Drug Type, Iron Metabolism Disorders Drugs Market is segmented into Iron isomaltoside 1000, Deferasirox, Acetylcysteine, Deferiprone, Metformin, and Others (Sitagliptin and Erythropoietin). Iron isomaltoside 1000 is expected to dominate the target market growth. Strongly bonded iron is present in the iron-isomaltoside formulation of iron isomaltoside 1000, allowing for a controlled, gradual release of bioavailable iron to the iron-binding proteins with perhaps a lower danger of free iron toxicity.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On the basis of region, the Iron Metabolism Disorders Drugs Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to witness a significantly high revenue share over the forecast period, as has a good medical facility and major metabolism disorder patients.
Attribute |
Details |
Base year for estimation |
2022 |
Forecast period |
2022 – 2032 |
Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
Market Segmentation |
By Metabolism Disorder- Iron Deficiency and Iron Overloaded By Drug Type - Iron isomaltoside 1000, Deferasirox, Acetylcysteine, Deferiprone, Metformin, and Others (Sitagliptin and Erythropoietin) |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Iron Metabolism Disorders Drugs Market report based on Metabolism Disorder, Drug type and Region:
Iron Metabolism Disorders Drugs Market, By Metabolism Disorder
- Iron Deficiency
- Iron Overloaded
Iron Metabolism Disorders Drugs Market, By Drug Type:
- Iron isomaltoside 1000
- Deferasirox
- Acetylcysteine
- Deferiprone
- Metformin
- Others (Sitagliptin and Erythropoietin)
Iron Metabolism Disorders Drugs Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Iron Metabolism Disorders Drugs Competitive Landscape & Key Players
The key players operating the Iron Metabolism Disorders Drugs Market includes, Natco Pharma Ltd., Novartis AG, Cipla Ltd., ApoPharma Inc., Teva Pharmaceutical Industries Limited, Sun Pharma Industries Ltd., Zambon Company S.p.A.
Global Iron Metabolism Disorders Drugs Company Profile
- Natco Pharma Ltd *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Novartis AG
- Cipla Ltd.
- ApoPharma Inc.
- Teva Pharmaceutical Industries Limited
- Sun Pharma Industries Ltd.
- Zambon Company S.p.A.
“*” marked represents similar segmentation in other categories in the respective section
Recent Development:
- In August 2023, according to studies, "IRON-PATH II" refers to New Pathophysiological Pathways Involved in Iron Metabolism Disorder in Heart Failure. The IRON-PATH II Project was a multicenter, prospective, observational (non-interventional), investigator-initiated pre-clinical and clinical trial. There were 210 individuals in all that were recruited (130 patients with ID and 80 without). Seven centres in Spain and Portugal recruited patients throughout the course of a year for a set 12-month period.
- In June 2023, Injectafer for Iron Deficiency Anaemia in Heart Failure has FDA (Food and Drug Administration) approval. The therapy of iron deficiency in individuals with New York Heart Association (NYHA) class II/III heart failure (HF) is now included in the FDA's enlarged list of conditions for which ferric carboxymaltose injection may be used.
- In July 2021Ferumoxytol Injection, Sandoz's first generic high dose intravenous iron, is now made accessible to patients with iron deficiency anaemia in a hospital or clinic environment at a more reasonable price. An adult patient's IDA may be treated with Ferumoxytol, a generic version of AMAG Pharmaceuticals' Feraheme, if the patient has chronic renal disease, an intolerance to oral iron, has had an unsatisfactory response to oral iron, or both.
Global Iron Metabolism Disorders Drugs Highlights
FAQs
The Iron Metabolism Disorders Drugs Market is segmented into Metabolism Disorder and Region.
Iron Metabolism Disorders Drugs Market is driven by factors like increasing prevalence of Iron deficiency Anemia and Diabetes in Population.
By region, the Iron Metabolism Disorders Drugs Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the Iron Metabolism Disorders Drugs Market includes, Natco Pharma Ltd., Novartis AG, Cipla Ltd., ApoPharma Inc., Teva Pharmaceutical Industries Limited, Sun Pharma Industries Ltd., Zambon Company S.p.A.
Iron Metabolism Disorders Drugs Market accounted for US$ XX billion in 2022 and is estimated to be US$ XX billion by 2032 and is anticipated to register a CAGR of XX%.