Market Analysis: Global Fabry Disease Drug Market
Global Fabry Disease Drug Market is increasing gradually substantial CAGR of 9.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Growing population of Fabry disease worldwide and extensive evaluation and adoption of advance technology in research and development for novel therapies are the factors which drive the market.
Fabry disease Drug Industry is a rare inherited lysosomal storage disorder caused by a partial or complete deficiency of α-galactosidase A (GLA), resulting in the storage of excess cellular glycosphingolipids. Enzyme replacement therapy is available for the treatment of Fabry disease, Industry but it is a costly, intravenous treatment. Alternative therapeutic approaches, including small molecule chaperone therapy, are currently being explored. High throughput screening (HTS) technologies can be utilized to discover other small molecule compounds, including non-inhibitory chaperones, enzyme activators, molecules that reduce GLA substrate, and molecules that activate GLA gene promoters. This review outlines the current therapeutic approaches, emerging treatment strategies, and the process of drug discovery and development for Fabry disease.
Fabry Disease Drug research report provides estimation and analysis of the rising trends along with major drivers, restraints, challenges and opportunities in the Pharmaceutical industry. Besides, Fabry Disease Drug report systematically gathers the information about influencing factors for the Pharmaceutical industry which contains customer behavior, emerging trends, product usage, and brand positioning. This Fabry Disease Drug report brings into light several information about the Chemical and Materials industry that display important facts and figures, expert opinions, and the most recent developments across the sphere. By applying business intelligence, the report is organized which provides thorough and extensive market insights.
The analysis covered in Global Fabry Disease Drug Market report gives clear idea on various segments that are relied upon to view the quickest business development in the course of the estimate forecast frame. A variety of steps are employed while generating this report and the inputs from a specialized team of researchers, analysts and forecasters have been utilized here. An increasing value of global research in this era of globalization opens the door of global market for the products. The report examines rising opportunities in the Pharmaceutical industry and associated influencing factors which are valuable for the businesses.
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Key Market Players: Global Fabry Disease Drug Market
Sanofi, Takeda Pharmaceutical Company Limited, Amicus Therapeutics, Inc, Moderna, Inc, Greenovation Biotech GmbH, Plant-Based Proteins with Better Therapeutic Profiles, JCR Pharmaceuticals Co., Ltd, ISU ABXIS, Idorsia Pharmaceuticals Ltd, AVROBIO, Inc, Resverlogix Corp., Novartis AG, Pfizer Inc, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH, Enzyvant, CHIESI Farmaceutici SpA,
Market Definition: Global Fabry Disease Drug Market
Fabry disease is a rare genetic disorder caused by deficient activity of lysosomal enzyme called α-galactosidase A (α-Gal A) which results in dysfunction of glycosphingolipid (fat) metabolism. Lysosomal enzyme is responsible for break down complex sugar-lipid molecules called glycolipids or digests particular compounds. The deficient of this enzyme may results in cell abnormalities and organ system dysfunction which will affects particularly small blood vessels, the heart and kidneys.
According to the stats published in the U.S. National Library of Medicine, it is estimated 1 in every 40,000 to 60,000 males diagnosed with Fabry disease worldwide. This growing number of Fabry disease’s population worldwide and adoption of research and development for novel-disease-specific treatment are the key factors for market growth.
Market Drivers: Global Fabry Disease Drug Market
• Increases prevalence of Fabry disease worldwide
• Vulnerable male population as it is more frequently occur in male
• Emergence of drugs used in the treatment of risk associated with Fabry disease
• Strategic collaboration and licensing deal between the companies
Market Restraints: Global Fabry Disease Drug Market
• Effective treatment is either unavailable or unaffordable
• Patent expiry from many companies and introduction of generic drugs of branded version is expected to restrain the growth if the market
• Inadequate knowledge about Fabry disease in some developing countries
Segmentation: Global Fabry Disease Drug Market
• Classic Fabry Disease
• Atypical Late-Onset Fabry Disease
• By Treatment Type
• Enzyme Replacement Therapy (ERT)
• Chaperone Treatment
• Substrate Reduction Therapy (SRT)
By Mechanism of Action Type
• Alpha-Galactosidase A (Alpha-Gal A) Agonist
• Globotriaosylceramide (GL-3) Deposition Reducer
o Agalsidase Beta
• Pancreatic Replacement Enzymes
• Pain Management
By Route of administration
By End Users
• Specialty Clinics
• North America
• South America
• Middle East & Africa
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Table of Content: Global Fabry Disease Drug Market
Chapter 1: Global Fabry Disease Drug Market Overview
Chapter 2: Global Fabry Disease Drug Market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2019-2026)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2019-2026)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Fabry Disease Drug Market Analysis by Application
Chapter 8: Global Fabry Disease Drug Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Global Fabry Disease Drug Market Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Global Fabry Disease Drug Market Effect Factors Analysis
Chapter 12: Global Fabry Disease Drug Market Forecast (2019-2026)
Chapter 13: Appendix
Key Developments in the Market: Global Fabry Disease Drug Market
In November 2018, JCR Pharmaceuticals Co., Ltd in collaboration with Amicus Therapeutics, Inc, and GlaxoSmithKline plc launched Agalsidase Beta which is a biosimilar of Fabrazyme in the Japan for the treatment of the lysosomal storage disorder (LSD) Fabry disease (FD). The launch of biosimilar agalsidase beta product significantly improves the treatment option for patients suffering from Fabry disease in the Japan.
In May 2018, Amicus Therapeutics, Inc, launched Galafold (Migalastat), an oral enzyme replacement therapy for the treatment of Fabry disease in adult patients in the Japan. The launch of Galafold significantly change the treatment landscape for the patients throughout Japan as it is first and only oral precision medicine for Fabry disease in the Japan.
Competitive Analysis: Global Fabry Disease Drug Market
Global Fabry disease drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global fabry disease drug market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report: Global Fabry Disease Drug Market
• Current and future of global fabry disease drug market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Focus of the report: Global Fabry Disease Drug Market
1. The study provides an in-depth analysis of the global xyz market and current & future trends to elucidate imminent investment pockets.
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. In-depth market segmentation
5. Recent industry trends and developments
6. Analyze and forecast Global Fabry Disease Drug Market on the basis of type, function and application.
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