DBMR has published a new study on the Global Enzyme Replacement Therapy Market Proprietary information, opportunities, revenue size estimate and growth factors. The Enzyme Replacement Therapy market report 2020 considers the significant aspects of the market which consists of historical data, current market trends, environment, technological innovation, upcoming technologies, and technical advancement. in the enzyme replacement therapy industry. A transparent market research method has been implemented here with the right tools and techniques which turns this market research report into a world-class enzyme replacement therapy. This report also provides a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest industry developments. The major market factors that will affect the Enzyme Replacement Therapy Market share, key regions and the studies of major vendors in the report.
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Global Enzyme Replacement Therapy Market is growing steadily with a healthy CAGR of 11.05% during the forecast period 2019-2026.
The report also shares an exhaustive analysis of the competitive and regional trends, drivers and dynamics that will chart the growth trajectory of the market during the forecast period. Development policies and plans are discussed, as well as business processes and cost structures are also analyzed in this Enzyme Replacement Therapy report. This Enzyme Replacement Therapy report also shows the Import / Export, Supply and Consumption Figures along with the Enzyme Replacement Therapy cost, price, revenue and gross margin by Regions (North America, Europe , Asia-Pacific, Middle East and Africa, Latin America), and other regions can be added.
Apart from this, the report also provides a macroscopic overview of the general outlook of the industry which will also influence the development of the market and help companies to make informed decisions regarding the strategies they need to adopt to stay ahead of the competition. .
Data Bridge Market Research profiles some of the renowned market players operating in the global frequency converter market. They are: F. Hoffman-La Roche Ltd, Abbott Laboratories, Danaher, Thermo Fischer Scientific Inc., Siemens Medical Solutions USA, Inc., Abaxis, Hologenic Inc., Bio-Rad Laboratories Inc., Becton, Dickenson and Company (BD), Alere and Enzo Biochem Inc, Trivitron Healthcare, Snibe Diagnostics, Sinduri Biotec, Sekisui Medical, Nipro Diagnostics, Mindray, instrumentation lab, among others.
Key developments in the market:
• In July 2019, CANbridge Life Sciences Ltd. submitted a New Drug Application (NDA) for Hunterase (idursulfase beta), an IDS enzyme replacement therapy used to treat patients with Hunter syndrome. This application aims to obtain the approval of the pharmaceutical product to be developed and marketed in China. This approval will provide the business expansion platform for companies in China
• In October 2018, Leadiant Biosciences, Inc. received US FDA approval for Revcovi (elapegademase-lvlr injection), an enzyme replacement therapy used for the treatment of patients treated with severe combined immunodeficiency with adenosine deaminase. (ADA-SCID). This approval will bring a new processing and management option for ADA-SCID and greatly expand the business of the company.
Global Enzyme Replacement Therapy Market: Market Overview-
Enzyme replacement therapy is a medical therapy used for the treatment of congenital enzyme deficiencies using artificial human and animal or recombinant enzymes. The principle of ERT is the replacement of the artificial enzyme in people with an enzyme deficiency. The intravenous and oral routes of administration are often used for ERT. Enzyme replacement therapies are applied in some lysosomal storage diseases such as Gaucher disease, Pompe disease, Hurler syndrome, among others.
The prevalence rate of lysosomal storage diseases is around 5,000 live births which include Gaucher disease and Hurler syndrome and others. The prevalence of rare diseases in the United States is estimated at 25-30 million people. Enzyme replacement therapies and planned in the treatment of these diseases.
• Government support for treatment acts as a market driver
• Growing awareness of enzyme replacement therapy among people will drive market growth.
• Availability of a wide range of enzyme replacement therapies will drive market growth.
• Fewer side effects associated with therapies provide an opportunity for market growth
• Availability of alternative therapies to enzyme replacement therapies will limit market growth.
• Lack of qualified professionals to perform enzyme replacement therapy is a challenge for market growth.
• The absence of a regulatory framework in the emerging economy also limits the growth of this market.
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o Definition, by segment
o Research approach
• Market dynamics
o Drivers, constraints and opportunities
o Emerging trends
• Key ideas
o Macro and micro economic indicators
o Consolidated SWOT analysis of the main players
• Global Enzyme Replacement Therapy Industry Analysis, Outlook and Forecast, 2015-2026
o Main findings / summary
o Market size estimates and forecasts
By application (value)
By geography (value)
Middle East and Africa
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Segmentation: Global Enzyme Replacement Therapy Market
By type of enzyme
• Alglucerase alfa
• Taliglucerase alfa
• Velaglucerase alfa
By type of indication
• Gaucher disease
• Fabry disease
• Pompe disease
• Hurler syndrome
By route of administration
By end users
• Home Care
• Specialized clinics
By distribution channels
• Hospital pharmacy
• Online pharmacy
• Retail pharmacy
Research Methodology: Global Enzyme Replacement Therapy Market: -Base year data collection and analysis is done using data collection modules with large samples. Market data is analyzed and forecast using statistical and consistent market models. The market share analysis and key trend analysis are also the major success factors of the market report.
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