Cystic Fibrosis Market - Global Industry Outlook, and Opportunity Analysis By Top Players - AbbVie, Aradigm, Aurora Biosciences, Bayer AG,
CF is chiefly inherited as an autosomal recessive gene. It is triggered by mutations in both the copies of the gene for CFTR or cystic fibrosis transmembrane conductance regulator protein. Individuals with a single copy are carriers. Cystic fibrosis transmembrane conductance regulator protein is involved in the production of digestive fluids, mucus, and sweat. When the protein is not functional, secretions otherwise thin become thick. The ailment is mostly diagnosed by genetic testing and sweat test.
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Over the last few years, advancements in technology have resulted in a shift in research and development towards treatments that target the fundamental cause of the disease by targeting the CFTR function. Moreover, there is an affinity towards licensing the products, and for that reason alliances are being made by a number of biotechnology and pharmaceutical manufacturers, since the majority of the treatments for cystic fibrosis are developed by smaller manufacturers. The increase in licensing activity along with the rise in the number of new partnerships will encourage the smaller companies to continue their research work thereby giving a positive momentum to the cystic fibrosis market.
In spite of significant advancement in cystic fibrosis therapeutics, individuals suffering from CF face significant unmet needs owing to the deficiency of restorative therapies, inadequate choice of mucolytic treatments, and the unvarying fight alongside severe lung infection that needs the expansion of novel antibiotics. These factors are likely to drive the growth of the cystic fibrosis market during the forecast period.
High prevalence of genetic diseases including CF will drive the overall cystic fibrosis market
According to Netwellness, a community service provider, 3 to 4% of the babies are born with genetic disorders. This number is poised to rise in the coming years, especially in the emerging economies of Asia pacific such as China and India owing to high birth rate observed in these regions. As the number of cases of CF rises, so will the demand for CF treatment, thereby augmenting the growth of the overall cystic fibrosis market during the forecast period.
Some of the key players operating in the global cystic fibrosis market are AbbVie, Inc., Aradigm, Aurora Biosciences, Bayer AG, Demegen, EryDel, Genentech, Inc., InDex Pharmaceuticals, ManRos Therapeutics, Novartis AG, Polydex Pharmaceuticals, and F. Hoffmann-La Roche AG.
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