Von Willebrand Disease, also known as hemorrhagic plaques of the arteries, is an uncommon but potentially serious type of hemorrhagic stroke. If the walls of the affected blood vessel are blocked by a thickened clump of blood, the flow of blood is significantly reduced and the victim may require immediate medical attention. Von Willebrand Disease is a condition that affects the clotting ability of the blood, specifically the low levels of platelets that it has been programed to work well with. Platelet is a blood coagulation factor that helps to keep blood thin and stops clots from forming. Blood clots are bad for the body since they create thrombosis, which is a condition in which blood begins to pool, usually in the leg muscles.
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Major companies contributing to the global von willebrand disease (vWD) treatment market include BDI Pharma, Ferring Pharmaceuticals, Octapharma, Grifols Therapeutics Inc., Shire Plc, CSL Behring, and Baxalta.
Enlarging volume of PAPs (patient assistance programs) for patients suffering from von willebrand disease is expected to propel growth of the von willebrand disease (vWD) treatment market over the forecast period.
Moreover, rising healthcare expenditure coupled with the growing awareness over von willebrand disease is expected to supplement growth of the von willebrand disease (vWD) treatment market throughout the forecast period.
The Epitome of the COVID-19 Debacle
The global von willebrand disease (vWD) treatment market has witnessed a moderate drop on the growth curve due to the onset of the COVID-19 crisis. Considering the uncertainties associated with the pandemic, patients have opted for at-home treatment solutions, which has created fresh opportunities for the market participants. Besides, the partial lift in lockdowns has accelerated research and development activities on drug development.
The von willebrand disease (vWD) treatment market is anticipated to grow at a CAGR of XX % during the forecast period owing to the increased healthcare spending and rising number assistance services for the vWD suffering patients. For instance, in July 2021, the World Federation of Hemophilia (WFH) reported that the von willebrand disease (vWD) is a common bleeding disorder that affects 1% of the global population.
Over the regional frontiers, the North American region is projected to have a commanding position in the global von willebrand disease (vWD) treatment market on the heels of increasing R&D activities on the vWD treatment.
In the same tune, the European region is another fertile ground for the von willebrand disease (vWD) treatment market on account of growing occurrences of vWD combined with increasing drug approvals.
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