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Comprehensive Insights Of The Global Zynteglo market: Key Drivers, Trends, Growth Opportunities, Forecast For 2025-2034

The Business Research Company

The Business Research Company

The Business Research Company's Zynteglo Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034

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LONDON, GREATER LONDON, UNITED KINGDOM, February 11, 2025 /EINPresswire.com/ -- The zynteglo market size has been showing significant growth recently. From a robust figure of $XX million in 2024, it is projected to grow to $XX million in 2025 at a compound annual growth rate CAGR of XX%. Several factors contribute to this growth during the historic period: increase in rare genetic disorders, the growing adoption of personalized medicine, increased investment in gene therapy research, increased regulatory approvals for gene therapies, and increasing prevalence of various chronic diseases.

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In the next few years, the zynteglo market size is expected to see an impressive CAGR of XX% and is predicted to reach $XX million in 2029. The forecast period promises significant developments attributed to the rising incidence of thalassemia, the rise in healthcare infrastructure, the growing patient population for rare diseases, the growing focus on long-term treatment solutions, and the rising acceptance of costly treatments. Additionally, the forecast period predicts advancements in genetic editing technology, developing advanced treatments, the integration of patient data to personalize treatments, innovation in clinical trials, and the integration of cutting-edge gene-editing technologies.

One of the principal drivers of the growth in the zynteglo market is the rapidly rising incidence of thalassemia. Thalassemia, a group of inherited blood disorders characterized by the body's inadequate production of hemoglobin, leads to anemia. The rise can be attributed to factors such as high carrier rates in specific populations, genetic inheritance through consanguineous marriages, increased migration, lack of awareness and screening, and improved diagnosis and survival rates. Zynteglo helps reduce the incidence of thalassemia by offering a one-time gene therapy that enables patients to produce healthy hemoglobin, eliminating the potential need for regular blood transfusions. For instance, the American Society of Hematology, a US-based professional organization, noted in November 2024 that the prevalence of beta-thalassemia was approximately 3,665 cases in 2023, corresponding to a rate of 1.07 per 100,000 individuals, thereby affirming the significant push to the growth of the zynteglo market.

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Major companies contributing to the zynteglo market's robust growth include Bluebird bio Inc. The key trend in the market includes developing innovative therapies, such as gene therapies, to treat genetic disorders with long-term efficacy. A good example is Bluebird Bio Inc., a US-based biotechnology company, which received FDA approval in August 2022 for ZYNTEGLO betibeglogene autotemcel, a novel one-time gene therapy designed to treat beta-thalassemia, a genetic blood disorder. This approval was a milestone in gene therapy, as ZYNTEGLO became the first ex-vivo lentiviral vector gene therapy approved by the FDA to treat beta-thalassemia. The therapy works by modifying a patient's stem cells to produce functional hemoglobin, potentially eliminating the need for regular red blood cell transfusions and iron chelation therapy.

The zynteglo market segments detailed in this report are:

1 By Indication: Beta -Thalassemia; Sickle Cell Disease
2 By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
3 By End User: Adult; Pediatric; Geriatric

Market insights show North America as the largest region in the zynteglo market in 2024. The report thoroughly covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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About The Business Research Company
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Oliver Guirdham
The Business Research Company
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