Recombinant Factor VIII Market, Recombinant Factor VIII Market, By Type (200IU, and 250IU), By Application (Hospital, and Pharmacy), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Recombinant factor VIII is a kind of replacement therapy for Factor VIII. Factor VIII, also known as anti-hemophilic factor(AHF), is a blood clotting factor encoded by F8 gene. Deficiency in Factor VIII leads to hemophilia. Thus, people with hemophilia, bleeding issues are medicated with Recombinant factor VIII (rFVIII). It is given by slow injection into the vein.

Dividing this target market into segments:

Recombinant Factor VIII Market is segmented based on Type, Application and Region.

Type Insight

On the basis of Type, the target market is segmented into 200IU, and 250IU

Application Insight

On the basis of Application, the target market is segmented into Hospital, and Pharmacy

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America market is estimated to witness a significantly high revenue share over the forecast period due to, awareness about technological advancements, better diagnostic techniques, infrastructure and better healthcare.
• Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to rising patients suffering from hemophilia, entry of new players, increasing prophylactic treatments and growing medical research.

Report Scope:

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.

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The key players operating the Recombinant Factor VIII Market includes, Shire (Baxter),Bayer, CSL, Pfizer, Biogen, Octapharma, NovoNordisk.

The New Launched Product News,

• In September 2023, The Japanese Ministry of Health, Labor, and Welfare (MHLW) granted marketing authorization for ALTUVIIIO®[Antihemophilic Factor (Recombinant), Fc-VWF-XTEN Fusion Protein], a first-in-class, high-sustained factor VIII replacement therapy. ALTUVIIIO is indicated for control of bleeding tendency in patients with hemophilia A (factor VIII deficiency). ALTUVIIIO was recently approved by the Taiwan Food and Drug Administration for treatment of adults and children with hemophilia A.
• In May 2022, Takeda Pharma expanded its innovative rare disease portfolio by launch of Adynovate in India. This is an innovative extended half-life recombinant Factor VIII treatment using advanced technology for haemophile A patients. It is first and only FDA approved in combination with MYPKFIT. It monitors real time levels of factor VIII       from the comfort of patients home improving quality of life.