Press release
Cystic Fibrosis Market Overview by Size, Share and Forecast to 2025 - Abbvie Inc., Aurora Biosciences, Bayer Healthcare AG, Genentech Inc., Aradigm,Demgen
Cystic fibrosis (CF) mostly affects lungs, but also can affect pancreas, kidney, liver and intestine. It is a genetic disorder which is characterised by long-term issues of breathing and frequent lung infection. CF generally affects cell and produces mucus, sweat, and digestive cells. In individuals suffering from cystic fibrosis, gene causes secretion to become sticky and thick instead of acting as a lubricant. Cystic fibrosis’ symptoms vary according to the severity of disease; for instance, a person may notice worse symptoms which may be improved as time passes.While, some may not notice the symptoms until adolescence or adulthood. Increasing number of patients suffering from cystic fibrosis, and lack of awareness in the developing countries are the major factors that are driving the Cystic Fibrosis Market globally. According to cystic fibrosis foundation, more than 30,000 people in the U.S. are living with CF and around 70,000 people are suffering from CF worldwide.
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Technological advancement and innovation for relative treatment of CF to lead the market growth in North America.
Key players in the Cystic Fibrosis Market are:-
• Abbvie Inc.
• Aurora Biosciences
• Bayer Healthcare AG
• Genentech, Inc.
• Aradigm
• Demgen
• InDex Pharmaceuticals
• MenRos Therapeutics
• Novartis AG.
• Hoffmann-La Roche AG
• Polydex Pharmaceuticals
North America is expected to dominate the Cystic Fibrosis Market size over forecast period. North America holds the majority share in this market owing to the rising healthcare expenditure and increased demand for novel treatments of CF to the increasing number of patients suffering from CF in this region. Similarly, favourable sophisticated healthcare facilities and government regulations for new drug approval would spur the North Americas market share. While, Europe holds the second largest share in the market.
However, Asia Pacific during the forecast period is supposed to observe high growth due to the factors including; unavailability of the information and lack of awareness for the treatment of cystic fibrosis. Moreover, Asia Pacific market size is expected to benefit from improving healthcare infrastructure in developing countries.
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Cystic Fibrosis Market Size is primarily driven by the factors such as growing number of patients suffering from cystic fibrosis, and rising diagnosis rate of individuals suffering from CF.
Technology shift due to continuous research and development for treating CF is expected to support the growth of global cystic fibrosis market.
The market is primarily driven by the factors such as growing number of patients suffering from cystic fibrosis, and rising diagnosis rate of individuals suffering from CF. Additionally, increasing number of patented and licensed drugs & products for treating cystic fibrosis, and increasing consolidation between the biotechnology and pharmaceutical manufacturers for targeting the untapped market would influence the entire industry. High opportunity in the market has also created good space for small companies present in this market.
Taxonomy: -
Cystic Fibrosis Market is segmented on the basis of product type, and geography.
On the basis of product type, the market is segmented as:
• Ventolin
• Orkambi
• Kalydeco
• Cayson
• Pulmozyme
• TOBI Podhaler
• Ibuprofen
• ADEKplusTMS
• Creon
• Zenpep
• Bronchitol
Geographically, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Partial TOC of Cystic Fibrosis Market: -
1. Industry snapshot
2. Ecosystem analysis
3. Market Dynamics
4. Industry analysis - Porter's five force
5. Degree of competition
6. Market PEST Analysis
7. Market Value Chain Analysis
8. Industry Trends
9. Competitive Ranking Analysis
About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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