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Retinitis Pigmentosa Treatment Market 2020-2026 Size, Share, Regional Analysis Including Leading Business Players - Clino Corporation, Caladrius, Spark Therapeutics, Genethon, Gensight Biologics, Grupo Ferrer International
Retinitis Pigmentosa Treatment Market
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Only realistic tools of market analysis are used in this Retinitis Pigmentosa Treatment Market report on which businesses can trust confidently. The market report covers very important aspect which is competitive intelligence and with this businesses can gain competitive advantage to thrive in the market. This market report also encompasses a far-reaching research on the current conditions of the Healthcare industry, potential of the market in the present and the future prospects. What is more, Retinitis Pigmentosa Treatment Market report also contains the details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology.
Market Analysis: Global Retinitis Pigmentosa Treatment Market
Global retinitis pigmentosa treatment market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. Growing incidence ocular surface injuries as it can contribute to the neurotrophic keratitis and development of advanced therapies and treatment are the key factors for market growth
Key Market Players:
Few of the major competitors currently working in the global retinitis pigmentosa treatment market are Orphagen Pharmaceuticals, Inc., Astellas Pharma Inc , Clino Corporation, Caladrius, Spark Therapeutics, Inc, Genethon, Gensight Biologics, Grupo Ferrer International, S.A., InFlectis BioScience, Nanovector S.r.l, Mimetogen Pharmaceuticals Inc., Ionis Pharmaceuticals, Inc, AGTC, MeiraGTx Limited, Johnson & Johnson Services, Inc, HORAMA S.A., Ocugen, Inc, ProQR Therapeutics., ReNeuron Group plc and others
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Market Definition: Global Retinitis Pigmentosa Treatment Market
Retinitis pigmentosa is a group of rare genetic disorder of eyes characterized by breakdown and loss of cells in the retina and resulting in retinal degeneration and blindness. The first symptom usually is a night blindness as disease progress person develops tunnel vision and eventually leads to loss of central vision.
According to the statistics published in the Genetic and Rare Diseases Information Center (GARD), an estimated population of retinitis pigmentosa nearly around 1 per 3,500-4,000 in the United States. High demand of novel treatment and huge investment on research and development are drivers for market growth.
Segmentation: Global Retinitis Pigmentosa Treatment Market
Retinitis pigmentosa Treatment Market : By Type
Autosomal Recessive
Autosomal Dominant
X-Linked
Retinitis pigmentosa Treatment Market : By Treatment
Drugs
Devices
Surgery
Retinitis pigmentosa Treatment Market : By Route of Administration
Oral
Topical
Others
Retinitis pigmentosa Treatment Market : By End Users
Hospitals
Homecare
Specialty Clinics
Ophthalmologist
Others
Retinitis pigmentosa Treatment Market : By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Retinitis pigmentosa Treatment Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market :
In January 2019, MeiraGTx Limited entered into a license agreement with Janssen Pharmaceuticals, Inc (a subsidiary of Johnson & Johnson Services, Inc) to develop and commercialize achromatopsia (ACHM) for the treatment of inherited retinal disease including retinitis pigmentosa. Underv the deal terms, Janssen Pharmaceuticals, Inc acquired worldwide rights and optuons to others inherited retinal diseases programs. MeiraGTx Limited received USD 100.00mm an upfront payment and eligible to receive 20% net sales of royalties and additional potential commercial milestone payments.
In August 2017, AGTC received an Orphan Drug designation from the FDA for adeno-associated virus (AAV)-based gene therapies for the treatment of X-linked retinitis pigmentosa (XLRP) caused by mutations in the RPGR gene. With this designation, company can obtain regulatory and financial incentives for development and marketing along with market exclusivity.
Retinitis pigmentosa Treatment Market Drivers :
Increase in special designation from the regulatory authorities is drive the market
Huge financial support to the researchers for developing novel intervention is boosting the market growth
High demand of disease specific novel treatment can also act as a market driver
Advancement in treatment such as gene therapy and retinal transplantation can improve the vision
Retinitis pigmentosa Treatment Market Restraints :
Treatment by Surgery may alter the appearance and function of the eye can threats the patients is also acting as a challenging factor for the growth of this market
Low healthcare budget in some developing countries is hamper the market growth
Reasons to Purchase this Report :
Current and future of global retinitis pigmentosa treatment 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
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