Press release
Familial Adenomatous Polyposis Treatment Market Will Generate Record Revenue by 2028
According to the National Organization for Rare Disorders (NORD), FAP affects males and females equally and occurs in approximately one in 5,000 to 10,000 individuals in the US. Additionally, it accounts for about 0.5% of all cases of colorectal cancer. Furthermore, it is estimated that it affects almost 50,000 American families. Moreover, as per the American Society of Clinical Oncology (ASCO), it is estimated that most people with FAP will have multiple colon polyps by age 35 and approximately 30% of people with FAP do not have any family history of the condition. Further, it is estimated that people affected with FAP have a 100% risk of colorectal cancer if polyps are not removed. Hence, the rising prevalence of the disease is driving the demand for familial adenomatous polyposis treatment.
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Some major players operating in the market include Cancer Prevention Pharmaceuticals Inc, Marina Biotech, Inc, and Thetis Pharmaceuticals LLC, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2020, Cancer Prevention Pharmaceuticals, Inc. announced the submission of a New Drug Application (NDA) to the US Food and Drug Administration (FDA). It was aimed to receive accelerated approval for CPP-1X/sul for the treatment of adults with familial adenomatous polyposis (FAP).
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Cancer Prevention Pharmaceuticals Inc, Marina Biotech Inc, and Thetis Pharmaceuticals LLC, among others.
Familial Adenomatous Polyposis Treatment Market Report by Segment
By Type
Icosapent
Eflornithine Hydrochloride
Aspirin
CEQ-508
Others
By Application
Hospital
Clinics
Others
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Familial Adenomatous Polyposis Treatment Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
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