Mucopolysaccharidosis Treatment Market Trends

  • Report ID: 5215
  • Published Date: Sep 04, 2023
  • Report Format: PDF, PPT

Mucopolysaccharidosis Treatment Market Trends

Growth Drivers

  • Advancements in Enzyme Replacement Therapy (ERT): Enzyme Replacement Therapy (ERT) stands as a cornerstone in the network management solutions of MPS, offering targeted intervention by providing the deficient enzymes responsible for GAG metabolism. The sector has experienced substantial growth, with research continually refining the efficacy and delivery methods of ERT. According to a study, ERT has demonstrated considerable improvements in clinical outcomes, with patients experiencing enhanced pulmonary function and reduction in hepatosplenomegaly.
  • Increased Awareness and Early Diagnosis: The growing awareness about MPS among healthcare professionals, caregivers, and the general public has led to early diagnosis and intervention, a critical factor in improving patient outcomes. Timely diagnosis empowers healthcare providers to initiate treatments during the earlier stages of the disease.
  • Emergence of Novel Therapies: The MPS treatment landscape has expanded beyond traditional approaches, with the emergence of novel therapies like gene therapy and substrate reduction therapy. These innovative modalities hold promise in addressing the genetic basis of MPS and minimizing GAG accumulation.

Challenges

  • Limited Awareness and Early Diagnosis: Despite efforts to raise awareness, many cases of MPS still go undiagnosed or are diagnosed at a later stage. This delay in diagnosis can impede the effectiveness of treatments, as interventions are often most impactful when initiated early in the disease course.
  • Complexity of Disease Subtypes
  • Access to Specialized Care

Mucopolysaccharidosis (MPS) Treatment: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~8%

Base Year Market Size (2022)

~ USD 10 Billion

Forecast Year Market Size (2035)

~ USD 20 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5215
  • Published Date: Sep 04, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for healthcare sector is the major factor driving the market growth.

The market size of mucopolysaccharidosis (MPS) treatment is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Shire (now part of Takeda Pharmaceutical Company), Sanofi Genzyme, BioMarin Pharmaceutical, Ultragenyx Pharmaceutical, Regenxbio, Abeona Therapeutics, and others.

The hospitals segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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