The Business Research Company’s latest report Hematology Drugs Global Market Report 2020 covers Hematology Drugs market drivers, Hematology Drugs market trends, Hematology Drugs market segments, Hematology Drugs market growth rate, Hematology Drugs market major players, and Hematology Drugs market size. The report provides in-depth analysis of the impact of COVID-19 on the Hematology Drugs industry, along with revised market numbers due to the effects of the coronavirus.
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Hematology Drugs Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global hematology drugs market is expected to decline from $82.6 billion in 2019 to $76.5 billion in 2020 at a compound annual growth rate (CAGR) of -7.5%. The decline is mainly due to restrictions due to the coronavirus disease 2019 (COVID-19) pandemic and the measures to contain it. Some medical centers have canceled treatments, somehow put on hold, some have altered the policies and procedures to provide services. Also, many companies in the hematology drug market halted their business operations. All these factors have impacted the market growth. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $124.6 billion in 2023. Optimistically, if the ongoing research on hematology drugs show any promising results for treating COVID-19 infections, the market is expected to grow significantly.
The report covers the Hematology Drugs market’s segments-
1) By Type: Blood Products, Anemia And Other Blood Disorder Drugs.
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others.
3) By Route Of Administration: Oral, Parenteral, Others.
4) By Drug Classification: Branded Drugs, Generic Drugs.
5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs.
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