Warm autoimmune hemolytic anemia (WAIHA) is an acquired autoimmune blood disorder characterized by the presence of autoantibodies that cause premature destruction of red blood cells. The over activity of these autoantibodies against red blood cell surface antigens, usually IgG, leads to immune-mediated extravascular and intravascular hemolysis. The most common symptoms include fatigue, jaundice and enlarged spleen. Conventionally, steroids are used as the first line therapy for WAIHA. However, relapse is common upon steroid taper or discontinuation requiring additional treatment options.
The global WAIHA treatment market is estimated to be valued at US$250 million in 2024 and is expected to exhibit a CAGR of 5% over the forecast period 2024-2027.
Key Takeaways
Key players operating in the WAIHA therapeutics market are Alexion Pharmaceuticals, Novartis AG, Apellis Pharmaceuticals and Amgen.
The rising prevalence of autoimmune disorders and lack of effective treatment options are fueling the demand for novel drugs for managing WAIHA. According to recent estimates, the global prevalence of immune hemolytic anemia is projected to increase by 8-10% by 2030.
Advancements in understanding the pathophysiology of WAIHA at molecular level has enabled identifying new therapeutic targets paving way for development of monoclonal antibodies and other biologics with improved safety and efficacy profiles.
Market Trends
Increasing research into genetic factors contributing to WAIHA is enabling risk stratification and development of precision medicine approaches. Identification of new genetic variants associated with severity of disease outcome can help enroll high-risk patients in early clinical trials.
Pharmaceutical companies are resorting to strategic collaborations and acquisitions to gain access to promising drug candidates and bolster their portfolio in hematology therapeutics. For instance, Apellis' acquisition of Potentia Pharmaceuticals in 2021 added complement inhibitor POT-4 to their pipeline for autoimmune hemolytic anemia.
Market Opportunities
Unmet needs in refractory/relapsed WAIHA patient populations present lucrative opportunities for novel mechanism drugs especially C5 inhibitors with potential for steroid sparing.
Geographic expansion into emerging markets of Asia Pacific and Latin America offers significant revenue potential given the increasing access to healthcare in these regions.
Impact of COVID-19 on Warm Autoimmune Hemolytic Anemia market growth
The COVID-19 pandemic has significantly impacted the global Warm Autoimmune Hemolytic Anemia (WAIHA) market. During the initial outbreak of the disease and consequent lockdowns imposed worldwide, the market growth was stalled due to limited operations in healthcare facilities and challenges in diagnosis and treatment of patients. Hospital admissions and outpatient visits declined sharply as non-emergency treatments were postponed to focus on COVID care. Stringent travel restrictions impacted the supply chain and availability of diagnostic tests and therapeutics. However, with vaccination drives underway in many countries and economies gradually reopening, the market is witnessing a revival post lockdowns.
The key geographical region where the WAIHA market value is highly concentrated is North America, mainly the United States. Factors such as high awareness levels, developed healthcare infrastructure, widespread medical insurance coverage and presence of leading market players have propelled the US to become the largest revenue generating country globally. On the other hand, Asia Pacific region is poised to be the fastest growing market for Warm Autoimmune Hemolytic Anemia during the forecast period. Rising disposable incomes, growing focus on non-communicable diseases management and expansion of private healthcare facilities are some of the major factors anticipated to fuel the market growth in Asia Pacific region in the coming years.
In order to sustain the market momentum and capitalize on emerging opportunities, companies operating in the Warm Autoimmune Hemolytic Anemia domain need to focus on expediting new product development, partnering with healthcare providers for efficient patient diagnosis and management, utilizing latest digital technologies and launching awareness campaigns to enhance early detection rates especially in developing nations.
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What Are The Key Data Covered In This WAIHA therapeutics market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the WAIHA therapeutics market's growth between 2024 and 2031.
:- Accurate calculation of the size of the WAIHA therapeutics market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- WAIHA therapeutics market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of WAIHA therapeutics market vendors
Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it