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Cystic Fibrosis Market Competitive Outlook | Size, Share with AbbVie, Inc., Aradigm Corporation , Aurora Bioscience, Bayer AG, Demegen, Inc. , EryDel SPA

04-09-2020 04:38 PM CET | Health & Medicine

Press release from: databridgemarketresearch

Market Analysis: Global Cystic Fibrosis Market

Market Analysis: Global Cystic Fibrosis Market

Global Cystic Fibrosis Market is expected to rise gradually to an estimated value of USD 17.62 billion by 2026, registering a CAGR of 17.5% in the forecast period of 2019-2026 with the annual sales of USD 4.85 billion in the year 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients.Global Cystic Fibrosis Market By Therapy Type (CFTR modulators, Mucolytic, Bronchodilators, Protein Transcription Modulators, Pancreatic enzyme supplements, Others), Route of administration (Oral, Inhaled drugs), End- users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026.

Download Exclusive Sample Copy of this Report 2020 across with 350 Pages and in-depth TOC Analysis@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cystic-fibrosis-market&skp

Key Market Competitors: Global Cystic Fibrosis Market

Few of the major competitors currently working in the cystic fibrosis market are AbbVie, Inc. (US), Aradigm Corporation (US), Aurora Bioscience (Australia), Bayer AG (Germany), Demegen, Inc. (US), EryDel SPA (Italy), Genentech, Inc. (US), nDex Pharmaceuticals Holding AB (Sweden), ManRos Therapeutics (France), Novartis AG (Switzerland), Polydex Pharmaceuticals Limited. (Canada), F. Hoffmann-La Roche AG (Switzerland), Vertex Pharmaceuticals Incorporated (US) and few among others.

Cystic Fibrosis is an autosomal recessive disorder with the mutation of CFTR (cystic fibrosis transmembrane conductance regulator) gene. This gene regulates the exchange of ions across the epithelial cells and the mutation in this gene affects most of the organs including lungs, liver, pancreas and intestine.According to European Cystic Fibrosis Society, around 44,000 people are suffering from cystic fibrosis from 2008 to 2016 where almost more than half of these cases could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.

Market Drivers

o Increase in prevalence rate of cystic fibrosis worldwide.
o Rising awareness about cystic fibrosis therapy and technological advancement is driving the growth of market.
o Increase in the rate of R&D initiatives is driving cystic fibrosis therapeutics market.

Market Restraints

o High cost involved in the treatment.
o Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth if the market.

Segmentation: Global Cystic Fibrosis Market

By Therapy Type

o CFTR modulators
o Mucolytic
o Bronchodilators
o Protein Transcription Modulators
o Pancreatic enzyme supplements
o Others

By Route of administration

o Oral
o Inhaled drugs

By End users

o Hospitals
o Homecare
o Specialty Clinics
o Others

Key Developments in the Market:

o On 22nd January, 2019, Novartis has received EC approval for the novel drug molecule QBW251 as a monotherapy, which has the same Mechanism of action as Ivacaftor and it will be competing when it launches in the market.
o On 6th March 2019, Vertex announced the selection of triple combination regimen of VX-659 and VX-445 with ivacaftor has met the primary end-point in Phase 3 clinical trials and planning for the NDA submission and approval globally. This will help them to remain the leaders in the cystic fibrosis market

Competitive Analysis: Global Cystic Fibrosis Market

Global cystic fibrosis 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 cystic fibrosis market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Table of Content: Global Cystic Fibrosis Market :-

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Cystic Fibrosis Market Landscape

Part 04: Global Cystic Fibrosis Market Sizing

Part 05: Global Cystic Fibrosis Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Continue....

Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=global-cystic-fibrosis-market&skp

Report Highlights : Cystic Fibrosis Market

Detailed overview of parent market (Cystic Fibrosis Market)

Market dynamics in the Cystic Fibrosis market

In-depth Cystic Fibrosis market segmentation

Historical, current, and projected Cystic Fibrosis market size in terms of volume and value

Recent industry trends and developments in the global Cystic Fibrosis market

Competitive landscape

Strategies of key players and products offered in the global Cystic Fibrosis market

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on Cystic Fibrosis market performance

Must-have information for market players in Cystic Fibrosis market to sustain and enhance their market footprint.

To Get This Report at an Attractive Cost, Click @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-cystic-fibrosis-market&skp

Reasons to Purchase this Cystic Fibrosis Market Report:

Current and future of global Cystic Fibrosis market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Key questions answered
Who are the Leading key players and what are their Key Business plans in the Global Cystic Fibrosis market?
What are the key concerns of the five forces analysis of the Global Cystic Fibrosis market?
What are different prospects and threats faced by the dealers in the Global Cystic Fibrosis market?
What are the strengths and weaknesses of the key vendors?

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Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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