GM1 Gangliosidosis Market Emerging CAGR +35% by 2028|| Axovant Gene Therapies Ltd. and Passage Bio and Lysogene

GM1 Gangliosidosis Market is projected to escalate $142 Mn at a CAGR +35% by the timeline of 2021-28.

GM1 gangliosidosis, also called a beta-galactosidase-1 deficiency, is a genetic disorder that progressively destroys nerve cells in the brain and spinal cord. A diagnosis of GM1 gangliosidosis (GM1), can be made by either enzyme analysis of the beta-galactosidase enzyme, or by molecular genetic testing of the GLB1 gene.

GM1 gangliosidosis is estimated to occur in 1 in 100,000 to 200,000 newborns. Type I is reported more frequently than the other forms of this condition. Most individuals with type III are of Japanese descent.

Gangliosidosis-1 (GM-1) is a progressive neurological genetic disorder caused by the absence of a vital enzyme. It is one of over 50 genetically inherited disorders known as Lysosomal Storage Diseases.

GM1 gangliosidosis is caused by a mutation in the GLB1 gene, resulting in a deficiency in an enzyme called beta-galactosidase-1, which lysosomes require to properly break down large sugar molecules inside the body's cells.

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Key Players:
• Axovant Gene Therapies Ltd
• Passage Bio
• Lysogene

A thorough analytical review of the pertinent growth trends influencing the GM1 Gangliosidosis market has been demonstrated in the report to affect unbiased and time-efficient business discretion amongst various leading players, seeking a strong footing in the competitive landscape of the GM1 Gangliosidosis market, which regularly gets influenced in a major way by the ongoing micro and macro-economic factors having a lingering set of implications on the growth trends of the aforementioned market.

Owing to the sudden onset of dynamic macro-economic factors such as the outrage of COVID-19, the GM1 Gangliosidosis market has been thoroughly affected by the current developments, thus manifesting in a myriad alterations and tangible deviations from the regular growth course of the GM1 Gangliosidosis market.

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On the basis of type
• classic infantile
• juvenile
• adult
On the basis of diagnosis
• enzyme analysis
• molecular genetic testing
• beta-galactosidase activity
On the basis of treatment
• Anticonvulsants
• bone marrow transplantation
• cord-blood hematopoietic stem-cell transplantation
• enzyme replacement
• gene therapy
On the basis of end-user
• research institutes
• hospitals
• others
On the basis of distribution channel
• Hospitals
• others

The following sections of this versatile report on GM1 Gangliosidosis market specifically sheds light on popular industry trends encompassing both market drivers as well as dominant trends that systematically affect the growth trajectory visibly. The report also sheds substantial light on all major key producers dominant in the GM1 Gangliosidosis market, encompassing versatile details on facets such as production and capacity deductions. Substantial light has also been shed upon other key elements such as overall production, activities practiced by key players, best of the industry practices.

Key Benefits:
• The report provides a qualitative and quantitative analysis of the current Market trends, forecasts, and market size from 2021 to 2028 to determine new opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market player positioning segment provides an understanding of the current position of the market players active in the market.

Rebecca Parker
(Report Consultant)
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sales@reportconsultant.com
www.reportconsultant.com

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