Our latest research report entitled Fabry Disease Treatment Market (by treatment type (enzyme replacement therapy, chaperone treatment, substrate reduction therapy, and organ-specific treatment)) provides complete and deep insights into the market dynamics and growth of fabry disease treatment. Latest information on market risks, industry chain structure fabry disease treatment cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential fabry disease treatment growth factors.
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Fabry Disease Treatment Market:
Fabry disease is a rare genetic disease that can affect parts of the body such as the kidneys, heart, and skin. It is an inherited X-linked disorder. According to the National Institutes of Health Genetics Home Reference, Fabry disease affects an estimated 1 in 40,000 to 60,000 males in the U.S. The effective management of Fabry disease requires a multidisciplinary approach. The treatment for Fabry disease varies depending on the organs affected by the condition, and the underlying cause can be addressed by replacing the enzyme that is lacking. It includes enzyme replacement therapy, substrate reduction therapy, chaperone therapy, and organ-specific treatment. Enzyme Replacement Therapy with recombinant human a-galactosidase A is the only currently available therapy aimed at the etiology of Fabry disease.
Fabry Disease Treatment Market: Drivers and Restraints
The growing incidences of genetic disorders and increasing awareness about them are driving the growth of the Fabry disease treatment market. Based on recent newborn screening studies, including at least 30,000 newborns, the prevalence of FD was found to be markedly higher than previously expected with 1 in 3100 males reported in northwestern Italy, 1 in 3000 males in Austria, 1 in 1300 males in Taiwan, 1 in 7800 males in Washington state (USA), and 1 in 1500 males in Missouri (USA). However, the high cost associated with the enzyme replacement therapy restrains the growth of the market. Furthermore, growing advancements in human genetics and an increasing number of clinical trials are anticipated to generate lucrative opportunities for the key players in the Fabry disease treatment market.
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Fabry Disease Treatment Market: Segmentation
The global Fabry disease treatment market is segmented on the basis of treatment types. The treatment for Fabry disease treatment market includes Enzyme Replacement Therapy, Chaperone Treatment, Substrate Reduction Therapy, and organ-specific treatment. Among them, Enzyme Replacement Therapy holds the dominant share in the Fabry disease treatment market. Fabry disease is usually treated using enzyme replacement therapy with agalsidase-alpha (Replagal) or agalsidase beta (Fabrazyme) to help normalize kidney function, heart function, and blood supply to the brain.
Fabry Disease Treatment Market: Regional Insights
North America holds the largest market share for Fabry disease treatment market. The factors such as high disposable income, increasing incidents for genetic disorders are driving the growth for Fabry disease treatment market in the North America region. Europe holds the second largest share in Fabry disease treatment market due to increasing investment for R&D activities. Asia Pacific region is likely to witness significant growth in this market in the forecasting period owing to the increasing occurrences of genetic disorders and increasing awareness about this medical condition. The rapidly improving healthcare infrastructure in countries like India and China are expected to create a huge demand for Fabry disease treatment market in the Asia Pacific region.
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Fabry Disease Treatment Market: Competitive Analysis
The fabry disease treatment market is a consolidated market with Sanofi S.A. acquiring the largest share. Shire Plc., Sanofi S.A., Amicus Therapeutics Inc., JCR Pharmaceuticals Co Ltd., Avrobio Inc., ISU Abxis Co Ltd., Idorsia Pharmaceuticals Ltd., Protalix Biotherapeutics Inc., Moderna Therapeutics Inc., and Greenovation Biotech GmbH are among the key players in the fabry disease treatment market.
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- Comprehensive analysis of global as well as regional markets of the fabry disease treatment.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.