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Around 6-12% of people having acute liver failure are affected by Wilson’s disease

06-27-2019 02:35 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

DataM Intelligence

DataM Intelligence

‘Global Wilson’s Disease Treatment Market – Size, Share and Forecasts (2019-2026)’ from DataM Intelligence provides expert analysis into the market share, size, industry outlook, volume, major manufacturers and future trends in this industry. Probable impediments have also been discussed so as to allow the user in getting a better understanding of the key market drivers and restraints.

Wilson’s Disease Treatment Market Dynamics
The global market for Wilson’s disease Treatment is primarily driven by the financial incentives and overall rewards for the successful development of drugs for the treatment and diagnosis of rare diseases and conditions.
The increasing awareness regarding Wilson’s disease by various organization and association and its symptoms along with the growing population all over the world is expected to fuel the treatment market.
For instance, Wilson’s disease association, a volunteer organization strives to promote the latest information about Wilson’s disease and support research and clinical investigation for the illness.

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Wilson’s Disease Treatment Market Segmentation
By Indication, the Global Wilson’s Disease Treatment Market is segmented into Hepatic, Neuropsychiatric, Ophthalmic, and others (heart and kidney complications).
The Hepatic indications are diagnosed in Wilson’s disease as the reduced biliary excretion of copper results in an excessive accumulation of copper in the liver.
According to the European Association for the study of the liver, an estimated 6-12% of people having acute liver failure are affected by Wilson’s disease.
By Treatment, the Global Wilson’s Disease Treatment Market is segmented into medication and others. Medication share is future sub-segmented into D-Penicillamine, Trientine, Zinc, and Tetrathiomolybdate. Currently, chelators are the first line of treatment for achieving symptomatic relief.

Wilson’s Disease Treatment Market Geographical Share
North America is the dominant share followed by Europe in the global Wilson’s disease treatment market, and it is primarily attributed to factors such as rapid growth in the geriatric population in these regions.
According to a countrywide survey by U.S. Department of Health and Human Services, 2015, the prevalence of Wilson’s disease in the United States is 1 in 55,000 births with Wilson’s disease allele frequency of 0.428%.
Asia-Pacific region is expected to be the fastest growing market during the forecast period, owing to the region’s increasing population in countries such as China and India.

Wilson’s Disease Treatment Market Companies
Key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion along with an increased focus on R&D to stand out as strong competitors.
May 2018, Alexion Pharmaceuticals announced that its offer to acquire all its outstanding shares through a wholly-owned subsidiary of Wilson Therapeutics had been accepted Wilson Therapeutics is a biopharmaceutical company, based in Sweden, that develops novel therapies for patients with Wilson’s disease.
Wilson Therapeutics’ product, WTX101, is in Phase 3 development as a treatment for Wilson disease.

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https://www.datamintelligence.com/research-report/wilsons-disease-treatment-market/

Following content is contained in this report-

1. Wilsons Disease Treatment Market Scope and Methodology

2. Wilsons Disease Treatment Market Trends

3. Wilsons Disease Treatment Market Outlook

4. Wilsons Disease Treatment Market Segmentation Analysis

5. Regional, Country-level Analysis

6. Wilsons Disease Treatment Market Competitive Analysis

7. Wilsons Disease Treatment Market Company Profiles

8. Wilsons Disease Treatment Market Appendix

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About DataM Intelligence

DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historic data but also allows a highly justifiable forecast model.

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