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Phenylketonuria (PKU) Treatment Market with Top Players are American Gene Technologies, Inc., Ultragenyx Pharmaceutical, Danone Nutricia , Reckitt Benckiser Group plc

07-16-2019 11:10 AM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

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Phenylketonuria (PKU) Treatment Market

Phenylketonuria (PKU) Treatment Market

A superior and comprehensive market research report endows professionals with a lot of aspects about the market and the industry. The Phenylketonuria (PKU) Treatment report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. Market segmentation analyses the usage of the product with respect to its applications, end user or with respect to geography. Businesses can attain unparalleled and comprehensive insights along with the best acquaintance of the emerging market opportunities with this Phenylketonuria (PKU) Treatment market research report.

Global Phenylketonuria (PKU) Treatment Market is rising at substantial CAGR in the forecast period of 2019-2026. This rise in market can be attributed to increasing incidence rate of phenylketonuria, growing research in the field of genomics and biotechnology, increasing awareness about the phenylketonuria, change in lifestyle of the people, rising per capita income in emerging markets and development in the health care industry.

For producing such excellent Phenylketonuria (PKU) Treatment Market research report, principal attributes such as highest level of spirit, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, most advanced technology and commitment plays a key role. Global Phenylketonuria (PKU) Treatment market report provides in-depth market data and forecast by analyzing key business trends and identifying potential growth avenues across the entire value chain. According to this Phenylketonuria (PKU) Treatment report, new highs will be made in the Phenylketonuria (PKU) Treatment market in 2018-2025. This report not only lends a hand for intelligent decision making but also better manages marketing of goods and services which leads to growth in the business.

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Market Definition: Global Phenylketonuria (PKU) Treatment Market

Phenylketonuria is a rare inherited genetic disorder that leads to the increase in levels of phenylalanine in blood. Phenylalanine is an amino acid which is comprised of proteins obtained from food and diet. Phenylalanine hydroxylase enzyme converts phenylalanine in to tyrosine amino acid in human body. The tyrosine is required to create neurotransmitters, such as epinephrine, norepinephrine and dopamine in human body. Phenylketonuria is caused due to a defect in the gene which helps to produce phenylalanine hydroxylase. Absence of this enzyme leads to a buildup of phenylalanine in the body and starts getting stored in the blood stream and consequently, damaging the brain. The patient of phenylketonuria can develop symptoms such as seizures, skin conditions, tremors or trembling and shaking, hyperactivity, stunted growth and more.

The incidence of phenylketonuria is approximately 1 in 10,000 in European populations, although it is less common in the African-American population, with an incidence of approximately 1 in 50,000. Phenyketonuria is rare in Finland and Japan, although its incidence may vary markedly between different regions.

Market Drivers

Increasing incidence rate of phenylketonuria is driving the market growth
Increasing awareness amongst the people is enhancing the market growth
Growing research in the field of genomics and bioinformatics is flourishing the market growth
Changing lifestyle is encouraging the market growth
Advancements in the health care industry and rising per capita income in emerging markets
Market Restraints

Overall high cost of treatment is hampering the market growth
Stringent government regulations is hindering the market growth
Unfavorable reimbursement is acting as a restraint for the market growth
Lack of awareness among the patient and physician about Phenylketonuria is a hindering factor for the market growth
Segmentation: Global Phenylketonuria (PKU) Treatment Market

By Type

Hyperphenylalaninemia
Mild PKU
Moderate or Variant
Classic PKU
By Drug Type

Kuvan
Sapropterin
Palynziq
Pagvaliase
Biopten
By Therapy Type

Gene Therapy
Dietary Therapy
By Route of Administration

Oral
Intravenous
Subcutaneous
By End-Users

Hospitals
Homecare
Specialty Clinics
Others
By Geography

North America
S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Browse Full Report with Details TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-phenylketonuria-pku-treatment-market

Key Developments in the Market:

In May 2019, BioMarin received approval from the European Commission for Palynziq (pegvaliase injection) for the treatment of phenylketonuria (PKU) in patients. This drug is able to offer this important new therapy to the adults with PKU who are unable to control their [phenylalanine] levels with existing options
In May 2017, BioMarin received approval from FDA for pegvaliase-pqpz (Palynziq), a drug for the treatment of phenylketonuria (PKU) in patients. This drug is able to offer this important new therapy to adults with PKU who are unable to control their [phenylalanine] levels with existing options
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Competitive Analysis: Global Phenylketonuria (PKU) Treatment Market

Global phenylketonuria (PKU) treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global phenylketonuria (PKU) treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players: Global Phenylketonuria (PKU) Treatment Market

Few of the major competitors currently working in the global phenylketonuria (PKU) treatment market are DAIICHI SANKYO COMPANY, LIMITED, Ajinomoto Cambrooke, Inc., American Gene Technologies, Inc., Ultragenyx Pharmaceutical, Danone Nutricia , Reckitt Benckiser Group plc, Abbott, Promin Metabolics, Ajinomoto Cambrooke, Inc, Promin, Som innovation biotech, SL, Synthetic Biologics, Inc., Nestle, Codexis, BioMarin, Erytech Pharma are the key market players.

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Data Bridge Market Research

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Email: Sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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