Bone marrow transplants are needed by those who have a damaged bone marrow due to disease, infection or chemotherapy. The medical procedure involves transplanting healthy blood stem cells into the bone marrow to promote growth and produce healthy ones.
The bone marrow is a significant part of our body since it produces the red blood cells, platelets, and white blood cells. It also contains hematopoietic stem cells that create new blood cells.
There are three types of cell transplants. First is the autologous transplant, where the stem cells come from the patient himself. The second is the allogeneic transplant, which means that a donor who is a relative or a complete stranger but is a perfect match for compatibility provides the stem cells. The last is the syngeneic transplant, where the donor is an identical twin.
Sickle cell anemia is on the rise
The Centers for Disease Control and Prevention (CDC) stated that in 2012, cancer has afflicted approximately 14.1 million people all over the world and killed 8.2 million. That number will only increase as time goes by. One of the reasons behind its surge is the frequency of sickle cell anemia.
According to Mayo Clinic, sickle cell anemia is a genetic condition where the patient has insufficient red blood cells to distribute oxygen to different parts of the body. Healthy, normal red blood cells can freely move around our body because they are round-shaped. In the case of sickle cell anemia, the red blood cells have been shaped like sickles (crescent moon), which is the reason why they get stuck and cannot freely move around.
A patient with sickle cell anemia may experience frequent pains in the chest, abdomen, and joints. Sometimes, the pain lasts for months. Severe pains that last long are one of the indications that the patient needs to get hospitalized. Other symptoms include swelling of the hands and feet, recurring infections, delayed growth, and vision problems. When left untreated, complications of sickle cell anemia could lead to death.
Since this type of anemia is genetic or hereditary, it is not contagious and not transferable to others via exchange of body fluids.
The bone marrow market opportunity is large
A bone marrow transplant is the only hope for patients affected with sickle cell anemia. In England, the disease is one of the fastest rising common genetic disorder, per Oxford Academic. Meanwhile, in the U.S., 1.1 million people are getting affected by blood cancers annually. In 2014 alone, 156,000 new cases were reported. In 2016, the global malignant hematology market is worth an estimate of $24 billion.
Meanwhile, not all patients who need to undergo a bone marrow transplant can get the treatment. Among the 30,000 patients who need a transplant, only 20,000 are fortunate enough to get it done. The sad truth is that even if one gets a transplant, it does not guarantee a 100% recovery due to complications and infections.
The total market value of bone marrow transplants for North America and Europe is pegged at $8 billion to $9 billion. Two years ago, the number of bone marrow transplants reached 60,000. In the U.K., a person is diagnosed with blood cancer every 20 minutes. By 2021, the global bone transplant market growth is expected to reach and perhaps even surpass $13.33 million.
There are two main reasons why bone marrow transplants fail: the harshness of chemotherapy and lack of matching donors. The former is required in the conditioning phase of patients before undergoing bone marrow transplant.
There is a pressing need to replace chemotherapy because of its chemotherapeutic agents and radiation damage other vital organs of our body. It has adverse side effects too such as weakened immune system, hair loss, fertility problems, and high morbidity rate.
(Featured image via DepositPhotos)
Why a college concierge matters
A college concierge with a variety of services can give college students a reprieve amid their busy schedules at schools...
Why you should make catch-up contributions to your retirement plan
Sometimes people are unable to contribute regularly to their retirement plans. However, they can still make catch-up contributions. Here's why...
MGM Resorts International bags partnership deal with MLB
MGM Resorts International is now the first official gaming and entertainment partner of Major League Baseball.
Google’s latest expansion plans include affordable housing
Google's latest development plans for Mountain View, California, combine a mix of office, retail, public space and housing, with affordable...
Here’s why you should pack the right travel socks
Traveling involves a lot of walking. Apart from wearing the right shoes, it’s also important that you protect your feet...
Auto5 days ago
Ford, VW discuss potential partnership after White House meeting
Business5 days ago
Select cannabis companies continue to flourish amid market downtrend
Business4 days ago
Here’s why personal space is a vanishing commodity on airplanes
Auto4 days ago
8 reasons why bike-sharing startups are attracting investors
Featured2 days ago
How singles should plan for retirement
Business4 days ago
Earthquake highlights need to overhaul Port of Alaska
Business3 days ago
India’s tech scene brings in foreign investments
Featured3 days ago
How to manage your 401(k) plan in a time of market volatility