Hemochromatosis Treatment Market to Expand with Significant CAGR by 2025

Posted by Aman Jaiswar on August 2nd, 2019

Hemochromatosis is nothing but an unusual accumulation of iron in the parenchymal organs. The over-accumulation of iron leads to a toxic condition in the organs. Hemochromatosis is a very common autosomal rHemochromatosis is also diagnosed by imaging tests which include chest radiography and echocardiography, CT scanning and sometimes MRI may also be helpful in evaluating hepatic iron quantification. Diagnostic endoscopy, skin endoscopy, and liver biopsy can be used to evaluate the patients suffering from hemochromatosis.

The Hemochromatosis Treatment Market is primarily driven by a drastic change in the lifestyle, which has become more stressful nowadays. This may trigger many mutations causing hemochromatosis and eventually iron accumulation. Drastic climatic changes may also cause hemochromatosis. Lack of awareness of the disease and not so clear symptomatic indications may pose to be restraints for the hemochromatosis treatment market.

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Phlebotomy is done to maintain the iron levels in the blood by regularly withdrawing blood from the patient’s body. Hemochromatosis in patients with heart disease or anemia, the hemochromatosis treatment is done with the iron chelating agents such as Deferoxamine, Deferasirox, Deferiprone and Iron Binding dendrimers. Surgery as a hemochromatosis treatment is performed mainly for two major complications in the patients suffering from hemochromatosis which is severe arthropathy and end-stage liver disease.

Geographically, Europe is the dominating region in the Hemochromatosis Treatment market owing to the high prevalence of hemochromatosis in the northern European region. North America is trailing Europe in the Hemochromatosis Treatment market attributing to the facts such as large Caucasian population and even presence of people migrated from Europe. Ireland and Italy have the highest prevalence rate of Hemochromatosis ranging from 1 in 200 to 1 in 400 or more. Asia Pacific, Middle East & Africa, and Latin America market for Hemochromatosis Treatment is also expected to witness a high CAGR during the coming years due to global immigrations, changing lifestyle and more tech-savvy population triggering mutations that may, in turn, cause hemochromatosis.