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Wilson Disease Drugs Market Segmentation by Indication (Hepatic, Neurological, Ophthalmic, and Psychiatric); By Drug Type (Chelating Agents, Zinc, Tetrathiomolybdate, and Others) and By End-User (Hospitals, Pharmacies, Clinics, and Others) – Global Demand Analysis & Opportunity Outlook 2029

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Extensive insights into the Growth of Wilson Disease Drugs Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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  • September 17, 2019: Kadmon Holdings, Inc. announced that its generic Trientine Hydrochloride Capsules USP, 250 mg, which is a chelating agent used for the treatment of Wilson’s disease in patients who are intolerant of penicillamine, has been approved by the U.S. Food and Drug Administration (FDA).

Introduction to Wilson Disease Drugs

Wilson disease, which is a genetic or hereditary disorder, is caused by the loss of function of the ATP7B gene. The ATP7B gene is known to form the copper-transporting ATPase 2 protein. When this gene undergoes mutation, it prevents the copper-transporting ATPase 2 protein from functioning properly. Wilson disease symptoms include abdominal pain, lack of appetite, fatigue, neurologic manifestations and psychiatric disturbances. In critical condition, it can cause acute liver failure which may lead to the need for a liver transplant. Wilson disease diagnosis can be difficult as the diagnosis criteria includes a combination of blood tests, urine tests and a liver biopsy. In many cases genetic testing is also done to diagnose the affected family members. The treatment of Wilson disease is done with the help of medications which includes zinc.

Market Size and Forecast

The global Wilson disease drugs market is thriving on the back of growing awareness among the people regarding the disease, coupled with the growing research activities for the development of advanced drugs. The Wilson disease drugs market is anticipated to record a significant CAGR over the forecast period, i.e., 2021-2029. The market is segmented by indication, drug type, and by end user. The drug type segment is further divided into chelating agents, zinc, tetrathiomolybdate, and others. Among these segments, the segment for chelating agents is anticipated to hold the leading share in the market on account of the enhanced efficacy of chelating agents for achieving symptomatic relief and for the less adverse effects in the long-term therapy of the drug type. Further, the chelating agents prevents the excessive deposition of copper in liver cells by expediting urine excretion of copper, which is also anticipated to drive the growth of the segment during the forecast period. Chelating agents are also known as chelants, sequestering agents, chelators and others. Some of the common chelating agents are 2,3-dimercaptopropanesulfonic acid (DMPS), ethylenediaminetetraacetic acid (EDTA) and thiamine tetrahydrofurfuryl disulfide (TTFD). Researchers are increasingly working on to develop copper-chelating agents, such as trientine, for the treating Wilson disease. CLICK TO DOWNLOAD SAMPLE REPORT

Growth Drivers

Increasing Awareness for Rare Hereditary Disease to Boost the Market Growth

With the advent of various organizations and associations in the recent years, such as Wilson Disease Association, an organization that endorses research and clinical investigations for Wilson disease, as well as creates awareness regarding the latest happening on the symptoms and treatment of Wilson disease, are raising the awareness amongst individuals for such rare hereditary diseases, which is anticipated to drive the demand for Wilson disease drugs. Furthermore, rising introduction of patient assistance programs which provides considerable growth opportunities to the companies for the development of novel therapeutic drugs for the treatment of Wilson disease, is also anticipated to significantly expand the growth of the global Wilson disease drugs market during the forecast period.


High Treatment Costs and Lack of Reimbursement Facilities to Hamper the Market Growth

Despite the improving healthcare infrastructure, there is a high cost associated with this drug when used for the treatment of the Wilson disease. In addition to this, the poor reimbursement policies in the developing countries is estimated to hinder the growth of Wilson disease drugs market in the future.

Market Segmentation

Our in-depth analysis of the global Wilson disease drugs market includes the following segments:

By Indication

  • Hepatic
  • Neurological
  • Ophthalmic
  • Psychiatric

By Drug Type

  • Chelating Agents
  • Zinc
  • Tetrathiomolybdate
  • Others

By End-User

  • Hospitals
  • Pharmacies
  • Clinics
  • Others

By Region

On the basis of regional analysis, the Wilson disease drugs market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for Wilson disease drugs in North America is anticipated to hold the largest share in the market on account of presence of leading market players in the region which manufacture and market Wilson disease drugs. Moreover, support from the government in the implementation of advanced healthcare technologies, coupled with the rise in the number of patients with hereditary disorders in the region is anticipated to drive the demand for Wilson disease drugs in the region. Conversely, the market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of the rise in awareness about this rare disorder along with the increase in healthcare expenditure in the region. The developing economies in the region, especially the countries such as China, India and Japan, is further anticipated to provide significant opportunities for the manufacturing of Wilson disease drugs, and in turn drive the growth of the market in the region.

The global Wilson disease drugs market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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