The ‘Global Gaucher’s Disease Treatment Market Share, Size, Trends, Price, Report and Forecast 2024-2032’ by Expert Market Research gives an extensive outlook of the global Gaucher’s disease treatment market, assessing the market on the basis of its segments like indication type, therapy method, treatment channel, and major region.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2032)
• Historical Market Size (2023): USD 1.5 billion
• Forecast CAGR (2023-2032): 3.6%
• Forecast Market Size (2032): USD 2.1 billion
The global Gaucher’s disease treatment market is primarily driven by the rising prevalence of this disease in both men and women of all ages and the consequent rise in the number of drugs on the market. The increasing prevalence of disorders involving the muscles and lysosomal illness are also contributing to the market growth.
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The increasing fundraising for research and development projects by various governments for improved treatment options for Gaucher’s disease is also helping expand the Gaucher’s disease treatment market. The growing geriatric population is likely to help the market develop further as Gaucher’s disease susceptibility increases with age. The global market for Gaucher’s disease treatments is also anticipated to benefit from the approval of new drugs for disease therapy.
Over the forecast period, North America is anticipated to account for a sizable share of the market, supported by the introduction of new therapeutic techniques, well-established healthcare infrastructure, and increasing awareness regarding the availability of treatment options. Rising awareness about the disease is also supporting the Gaucher’s disease treatment market growth in the region.
Gaucher’s Disease Treatment Industry Definition and Major Segments
An autosomal recessive disorder, Gaucher’s disease primarily occurs due to genetic factors and can be inherited by an offspring of two parents who are carriers of the mutated gene for Gaucher’s disease. Gaucher’s disease is caused by the build-up of particular fatty deposits in certain organs which results in swelling of those organs, affecting how normally they operate. The liver and spleen are primarily impacted by Gaucher’s disease. Treatment is dependent upon the patient type, disease type, affected organs, and patient age, with treatment options comprising of medications, therapies, and surgeries.
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Based on indication type, the market is segmented into:
• Type 1 Gaucher’s Disease
• Type 2 Gaucher’s Disease
• Type 3 Gaucher’s Disease
On the basis of therapy method, the market is divided into:
• Enzyme Replacement Therapy
• Substrate Reduction Therapy
• Splenectomy
• Orthopaedic Surgery
• Gene Therapy
• Others
Based on treatment channel, the market is bifurcated into:
• Public
• Private
On the basis of region, the market is divided into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Gaucher’s Disease Treatment Market Trends
The key trends anticipated to propel the global Gaucher’s disease treatment market in the upcoming years include an increase in initiatives by various governments to raise awareness of the disease and an increase in the number of research and development activities for targeted treatments. Additionally, a number of organisations are collaborating to increase awareness and close the knowledge gap about Gaucher’s disease and treatment. The market for Gaucher’s disease treatments is further stimulated by the rise in healthcare spending.
Additional factors, such as the rising rate of early diagnosis and management adoption and the escalating efforts and policies of various governments, are also predicted to fuel global Gaucher’s disease treatment market growth over the forecast period. An increasing amount of funding provided by leading companies and research institutions is aimed towards the creation of new medications that are efficient in treating type 2 Gaucher’s disease and type 3 Gaucher’s disease. A key trend in the market is the increased prevalence of Gaucher’s disease in people with Eastern Jewish and Central European ancestry, leading to more targeted diagnostics in these patient groups.
Key Market Players
The major players in the global Gaucher’s disease treatment market report are:
- Genzyme (Sanofi S.A.)
- Amicus Therapeutics, Inc.
- Novartis AG
- Shire plc
- Actelion Pharmaceuticals Ltd.
- Protalix Bio Therapeutics Inc.
- Johnson & Johnson
- Takeda Pharmaceutical Company Limited
- Abbott Laboratories
- Aptalis Pharma Inc.
- GSK plc
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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