Worldwide Market Reports added Latest Research Report titled “Deferiprone Market – Size, Share, Outlook, and Forecast till 2026” to its Large Report database.
Deferiprone is an oral drug that functions as an iron chelator and indicated for treatment of thalassemia syndrome. Thalassemia is a form of hereditary anaemia due a defect in oxygen-carrying protein (hemoglobin) production, thus causing impairment in erythropoiesis, the production of new red blood cells. Symptoms associated with thalassemia include fatigue, weakness, paleness, and slow growth. Mild symptoms may not require treatment, however, severe forms require blood transfusions or a donor stem-cell transplant.
Deferiprone is a prescription medication known as an iron chelator, for treatment of high iron levels, especially for people who are required to receive frequent blood transfusions due to a genetic condition.
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Deferiprone is indicated for thalassemia syndrome when first line chelation agents are not adequate to treat transfusional iron overload. The drug received license for use in Europe and Asia several years ago, while was awaiting approval in Canada and the U.S. It was approved for use in the U.S. and received FDA approval on October 14, 2011. The approval of the drug in major regions and almost every country of the world, in turn, is expected to increase the accessibility to several patients, thus boosting growth of the Deferiprone market.
Increasing prevalence of thalassemia among the populace is in turn, increasing the demand for Deferiprone drug. This is thus, expected to drive growth of the Deferiprone market.
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Key Developments of Deferiprone Market
However, side effects associated with consumption of Deferiprone, such as occurrence of agranulocytosis and neutropenia, which result in fatal infections, as well as hepatoxicity. Patients could also experience adverse effects such as gastrointestinal issues, including diarrhea, ulcer, nausea, and gastrointestinal disturbances. These factors in turn, pose as major restraints for growth of the Deferiprone market.
Deferiprone works in a simplified manner, as it binds with iron in the blood, further allowing for its excretion through urine, which would otherwise not have been possible through urine. The convenient removal of excess iron in the blood with the help of Deferiprone in turn, is increasing its adoption. Thus, the Deferiprone market is gaining significant traction, globally.
In May 2018, researchers at Rutgers University and Dartmouth College conducted a pilot study using Deferiprone and found that this is the first oral drug used to treat unrelated HIV eradicated infections, which was able to suppress the virus in patients during treatment and sustained its effects eight weeks from stopping of the treatment. The researchers found that as the topical anti-fungal medicine ciclopirox reactivates the altruistic suicide response of an HIV-infected cell, so does deferiprone work towards killing the HIV DNA it carries.
Some Table of Content (ToC) points of Deferiprone Industry Report:
• Deferiprone Market Research Objective and Assumption
• Deferiprone Market Purview – Report Description, Executive Summary, and Coherent Opportunity Map (COM)
• Deferiprone Market Dynamics, Regulations, and Trends Analysis – Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis
• Global Deferiprone Name, By Regions
• Deferiprone Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Deferiprone industry Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.
• Deferiprone market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.
• Deferiprone Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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To understand the most affecting driving and restraining forces in the Deferiprone Market and its impact in the global market.
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In conclusion, Deferiprone Market report presents the descriptive analysis of the parent market based on elite players, present, past and futuristic data which will serve as a profitable guide for all the Deferiprone Market competitors.
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