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GM1 Gangliosidosis Market is growing at a CAGR of 26.50% in the above mentioned research forecast period.

09-30-2021 06:25 AM CET | Health & Medicine

Press release from: databridgemarketresearch

GM1 Gangliosidosis Market

GM1 Gangliosidosis Market

The GM1 gangliosidosis market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is growing at a CAGR of 26.50% in the above mentioned research forecast period. Ongoing research and products under clinical trials are the factors for the growth of the GM1 gangliosidosis market.

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For instance,
• Passage Bio product PBGM01 is under clinical trial which is used for the treatment of infantile GM1 gangliosidosis. It will be used as a single dose of PBGM01 by intra-cisterna magna injection. This innovative product uses the next-generation AAVhu68 viral vector for the delivery of modified DNA encoding the b-gal enzyme to patient's cells. The main motive behind the designing the innovative product is to increase the levels of the b-gal enzyme in central nervous system and the peripheral nervous system.

GM1 gangliosidosis is considered as an inherited disorder which is responsible for destroying the nerve cells that is neurons present in brain and spinal cord. This disease is characterized on the basis of age group of the population and the severity differs according to their age. It is caused by the mutations in the GLB1 gene and deficiency of enzyme can lead to accumulation of gangliosides in a toxic level in the body tissues especially in central nervous system.

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GM1 Gangliosidosis Market Scope and Market Size
The GM1 gangliosidosis market is segmented on the basis of type, diagnosis, treatment, end-user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of type, the GM1 gangliosidosis market is segmented into classic infantile, juvenile and adult.
• On the basis of diagnosis, the GM1 gangliosidosis market is segmented into enzyme analysis, molecular genetic testing and beta-galactosidase activity.
• On the basis of treatment, the GM1 gangliosidosis market is segmented into anticonvulsants, bone marrow transplantation, cord-blood hematopoietic stem-cell transplantation, enzyme replacement and gene therapy.
• On the basis of end-user, the GM1 gangliosidosis market is segmented to research institutes, hospitals and others.
• On the basis of distribution channel, the GM1 gangliosidosis market is segmented into hospitals and others.

Global GM1 Gangliosidosis Market Country Level Analysis

Global GM1 gangliosidosis market is analysed and market size information is provided by country, type, diagnosis, treatment, end-user and distribution channel as referenced above.

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The countries covered in the GM1 gangliosidosis market report are the U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

Competitive Landscape and Global GM1 Gangliosidosis Market Share Analysis
The GM1 gangliosidosis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global GM1 gangliosidosis market.
The major players covered in the global GM1 gangliosidosis market report are Axovant Gene Therapies Ltd. and Passage Bio and Lysogene among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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About Data Bridge Market Research Private Ltd:

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market

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