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Immune Thrombocytopenia (ITP) Market Growth Projections and Opportunities
Imagine if your body had a problem with clotting blood properly, leading to excessive bruising and bleeding. That's what happens with Immune Thrombocytopenia (ITP), which is like a glitch in the body's immune system. In ITP, the levels of platelets in the blood are unusually low, causing these issues. This can happen to both kids and grown-ups.
ITP comes in two types – primary, meaning it happens on its own, and secondary, meaning it occurs along with another condition. Secondary triggers can include autoimmune diseases, chronic infections, medications, pregnancy, and certain cancers. The growing number of people dealing with ITP is expected to make the market for treatments grow too.
Now, let's look at the numbers. The global market for Immune Thrombocytopenia (ITP) is predicted to reach a value of USD 2,361.2 million by 2023, which is a big increase from USD 1,670.9 million in 2017. The market is expected to grow steadily, with a rate of about 5.78% every year from 2018 to 2023. In 2017, the Americas led the market with 43.3%, followed by Europe with 34.5% and Asia-Pacific with 18.4%.
The market is divided into different groups based on types of ITP, treatments, who uses the treatments (end-users), and regions. When it comes to types, there are two: acute (happening suddenly) and chronic (lasting a long time). Chronic ITP, which is the one that sticks around, made up the most significant part of the market in 2017, accounting for 85%. This part of the market is expected to keep growing, with a rate of about 5.94%.
Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 3.5 Billion |
| Market Size Value In 2023 | USD 3.54 Billion |
| Growth Rate | 1.30% (2023-2032) |
Immune Thrombocytopenia (ITP) Market Highlights:
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