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.
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Fabry Disease Drug market report presents the best market and business solutions to Pharmaceutical industry in this rapidly revolutionizing market place to thrive in the market. This Fabry Disease Drug market research report is a careful investigation of current scenario of the market and future estimations which spans several market dynamics. Market definition gives the scope of particular product with respect to the driving factors and restraints in the market. Competitor strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions can be utilized well by the Pharmaceutical industry to take better steps for selling goods and services.
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.
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.
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
Key Market Players/ Competitors: Global Fabry Disease Drug Market
Takeda Pharmaceutical Company Limited,
Amicus Therapeutics, Inc,
Greenovation Biotech GmbH,
Plant-Based Proteins with Better Therapeutic Profiles,
JCR Pharmaceuticals Co., Ltd,
ISU ABXIS, Idorsia Pharmaceuticals Ltd,
Novartis AG, Pfizer Inc,
Teva Pharmaceutical Industries Ltd.,
Boehringer Ingelheim International GmbH,
Enzyvant, CHIESI Farmaceutici SpA,
Report Segmentation: Global Fabry Disease Drug Market
Global Fabry Disease Drug Market By Type (Classic Fabry Disease and Atypical Late-Onset Fabry Disease), Treatment Type (Enzyme Replacement Therapy (ERT), Chaperone Treatment, Substrate Reduction Therapy (SRT) and Others), Mechanism of Action Type (Alpha-Galactosidase A (Alpha-Gal A) Agonist, Globotriaosylceramide (GL-3) Deposition Reducer, Pancreatic Replacement Enzymes, Pain Management and Others), Route of Administration Type (Oral and Injectable), End- users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
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
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
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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.
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
Key points for analysis
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- Drivers and restrains of the market
- To get a comprehensive overview of the Global Fabry Disease Drug Market.
- Key developments in the market
- Market volume
- Potential and niche segments/regions exhibiting promising growth