Enzyme Replacement Therapy Market Size, Revenue, End Users And Forecast Till 2026

Global Enzyme Replacement Therapy market is rising gradually with a healthy CAGR of 11.05% in the forecast period of 2019-2026.

Participation of many pharmaceutical companies in development of enzyme replacement therapies and governmental support for research and development are some factors that bring healthy opportunities for the market growth. A new report published by Data Bridge Market Research, titled “Global Enzyme Replacement Therapy Market By Enzyme Type (Alglucerase alfa, Imiglucerase, Taliglucerase alfa, Velaglucerase alfa, Others), Indication Type (Gaucher Disease, Fabry Disease, Pompe Disease, Hurler Syndrome, Others), Route of Administration (Oral, Injectable, Others), End Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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The report also shares an exhaustive analysis of the trends, factors, and competitive and regional dynamics that will chart the growth trajectory of the market during the forecast period. Development policies and plans are discussed as well as company’s processes and cost structures are also analyzed in this Enzyme Replacement Therapy report. This Enzyme Replacement Therapy report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin Enzyme Replacement Therapy by regions (North America, Europe, Asia Pacific, Middle East & Africa, Latin America), and other regions can be added.
Apart from this, the report also provides a macroscopic overview of the general industry outlook that will also influence the development of the market and aid businesses 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 variable frequency drive 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, nstrumentation Laboratory 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 for treatment of patients with Hunter syndrome. This application is intended to get the approval for the drug product to be developed and commercialized in China. This approval will provide the business expansion platform for companies in China
• In October 2018, Leadiant Biosciences, Inc. received the U. S. FDA approval for Revcovi (elapegademase-lvlr injection), an enzyme replacement therapy used for treatment of patients with treatment of adenosine deaminase severe combined immune deficiency (ADA-SCID). This approval will bring a novel treatment and management option for ADA-SCID and widely expanding the business of the company

Global Enzyme Replacement Therapy Market: Market Overview-

Enzyme replacement therapy is a medical therapy used for treatment of congenital enzyme deficiencies by using human and animal or recombinant engineered enzymes. The principle of ERT is replacement of artificial enzyme in people having enzyme deficiency. 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 approximately 5000 live births that include Gaucher disease and Hurler syndrome and others. The prevalence of rare diseases in the United States is estimated to be 25-30 million population. Enzyme replacement therapies and anticipated in treatment of these diseases.

Market Drivers

• Government support for the treatment acts as a market driver
• Rising awareness about enzyme replacement therapy among people will drive the market growth
• Availability of a wide range of enzyme replacement therapies will drive the growth of market
• Fewer side effects associated with the therapies acts as opportunity for the growth of market

Market Restraints

• Availability of alternative therapies over enzyme replacement therapies will restrain the market growth
• Lack of skilled professionals to perform enzyme replacement therapy is a challenge for the market growth
• Lack of regulatory framework in the emerging economics also restricts the growth of this market

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Table of Content

• Introduction
o Definition, By Segment
o Research Approach
o Sources

• Executive Summary

• Market Dynamics
o Drivers, Restraints and Opportunities
o Emerging Trends

• Key Insights
o Macro and Micro Economic Indicators
o Consolidated SWOT Analysis of Key Players

• Global Enzyme Replacement Therapy Industry Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Size Estimates and Forecasts

 By Application (Value)

 By Geography (Value)
 North America
 Europe
 Asia Pacific
 Middle East and Africa
 Latin America

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Segmentation: Global Enzyme Replacement Therapy Market
By Enzyme Type

• Alglucerase alfa
• Imiglucerase
• Taliglucerase alfa
• Velaglucerase alfa
• Others
By Indication Type

• Gaucher Disease
• Fabry Disease
• Pompe Disease
• Hurler Syndrome
• Others
By Route of Administration

• Oral
• Injectable
• Others
By End Users

• Hospitals
• Homecare
• Specialty Clinics
• Others
By Distribution Channels

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy
• Others

Research Methodology: Global Enzyme Replacement Therapy Market :-Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

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