Meticulous Research®, a leading global market research firm, has released a report titled “Recombinant Coagulation Factors Market Size, Share, Forecast, & Trends Analysis by Type (Factor VIII, Factor IX), Source (CHO, HEK), Application (Hemophilia (Type A, Type B), Others), End User (Hospitals, CRO) – Global Forecast to 2031.” The report projects that the recombinant coagulation factors market will reach $26.29 billion by 2031, growing at a CAGR of 8.6% during the forecast period. Key drivers of this growth include the increasing prevalence of hemophilia and other bleeding disorders, heightened research and development efforts for coagulation factors, greater awareness of the benefits of recombinant coagulation factors, and a rise in prophylactic treatments for hemophilia globally. However, challenges such as the high cost of recombinant factors compared to plasma-derived alternatives, limited accessibility in developing nations, stringent regulatory requirements, and a lack of patient awareness may restrain market expansion. Nevertheless, emerging economies present untapped markets and increasing healthcare expenditures, which are expected to create growth opportunities for the recombinant coagulation factors market.
