Press release
Achondrogenesis Market Analysis and In-depth Industry Research on Key Influencer | Cook, Thermo Fisher Scientific, CooperSurgical Inc., Illumina, Inc., Siemens AG
The report offers a in depth analysis of the market providing insights into the market dynamics that are required to impact the market positively in the following couple of years.Achondrogenesis Market-Overview
Achondrogenesis is a genetic rare disease that affects cartilage and bone development. The condition is characterized by narrow chest, rounded abdomen, and extremely short limbs.
Achondrogenesis includes various symptoms such as, abdominal distention, flat face, anteverted nares, frontal bossing, lethal skeletal dysplasia, hydropsfetalis, abnormal enchondral ossification, and many others.
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Achondrogenesis Market-Major Key Players
Cook
Thermo Fisher Scientific
CooperSurgical Inc.
Illumina, Inc.
Siemens AG
FUJIFILM Holdings Corporation
Koninklijke
Philips N.V.
Stryker
Toshiba Corporation
Invivoscribe
It is estimated that achondrogenesis market is expected to grow at a CAGR 3.9% during the forecast period of 2017-2023.
According to the U.S National Library of Medicine, the incidence of 1A and 1B, whereas achondrogenesis type 2 occur in 1 in 40,000 to 60,000 newborns. Majorly three types of achondrogenesis are known and out of these three, type 1B (ACG1B) is most severe condition.
According to an article published in GeneReviews book, it is found that SLC26A2 is the only mutated gene known to cause ACG1B.
Achondrogenesis Market-Segmentation
The achondrogenesis market is segmented on the basis of type, diagnosis, and end-users.On the basis of type, market is segmented into surgery achondrogenesis type IA (Houston-Harris type), achondrogenesis type IA (Houston-Harris type), and achondrogenesis type II (Langer-Saldino type).
On the basis of diagnosis, market is classified into physical examination, molecular genetic testing, and biochemical testing. Physical examination is further classified into X-ray, ultrasound, and others. Molecular genetic testing is also further segmented into Chorionic Villus Sampling (CVS), aminocentesis, and others.
A number of factors such as, rise in facilities for patients affected by rare diseases, increasing awareness among people, increasing government assistance, and improvement in regulatory framework are propelling the growth of achondrogenesis market.
Presence of mutated gene in the family history is also fuelling up the market to a great extent. As per the information suggested by National Center for Advancing Translational Sciences (NCATS), achondrogenesis type 1A and type 1B occurs due to autosomal recessive inheritance which means each parent carry one copy of the mutated gene.
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Achondrogenesis Market - Regional Analysis
The Americas dominate the achondrogenesis market owing to the rise in awareness among people, and high healthcare expenditure. According to the Centers for Disease Control and Prevention, in 2015, the total health expenditure in the United States was reported as USD 3.2 trillion and hospital care accounted for a share of 32.3%.
Some Points form TOC for Achondrogenesis Market Research Report – Forecast to 2023
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
…Continued
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𝗔𝗰𝗵𝗼𝗻𝗱𝗿𝗼𝗴𝗲𝗻𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲
The achondrogenesis market is projected to surpass USD 2.77 billion by 2031, increasing from USD 1.80 billion in 2023. It is expected to grow to USD 1.87 billion in 2024, with a CAGR of 5.5% during the forecast period from 2024 to 2031.
𝗔𝗰𝗵𝗼𝗻𝗱𝗿𝗼𝗴𝗲𝗻𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄
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