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Lysosomal Storage Diseases Market 2023 - Future Plans and Industry Growth with Quantitative And Qualitative Analysis
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There are over 50 different types of lysosomal storage diseases, each with its own specific set of symptoms and progression. Some of the more common types include Gaucher disease, Niemann-Pick disease, and Pompe disease. Symptoms of lysosomal storage diseases can range from mild to severe and can affect multiple organ systems, including the brain, liver, spleen, and bones.
The market for lysosomal storage diseases is expected to grow significantly in the coming years, driven by factors such as an increasing prevalence of these disorders, the development of new therapies and treatments, and the expanding global market for orphan drugs.
Companies
Shire PLC
Pfizer, Inc.
Sanofi
BioMarin Pharmaceutical Inc.
Actelion Ltd.
Raptor Pharmaceutical Corp.
Protalix Biotherapeutics Inc.
Amicus Therapeutics, Inc.
Others
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There are several companies that are actively developing therapies for lysosomal storage diseases, including enzyme replacement therapies, gene therapies, and small molecule therapies. Many of these therapies are in late-stage clinical development or have already received regulatory approval and are available on the market.
Overall, the lysosomal storage diseases market is expected to continue to grow in the coming years as more treatments become available and the demand for these therapies increases.
Regional Analysis
The global lysosomal storage diseases therapeutics market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). In terms of value, Europe is estimated to be the dominant market in the global lysosomal storage diseases therapeutics market in 2016 and is expected to register a CAGR of 10.2% over the forecast period to reach a market valuation of US$ 5,105.1 Mn by 2026 end. North America is expected to be the second most lucrative market in the global lysosomal storage diseases therapeutics market over the forecast period.
The North America market is estimated to account for 32.2% revenue share of the global lysosomal storage diseases therapeutics market by 2016 end. The Asia Pacific lysosomal storage diseases therapeutics market is anticipated to represent absolute $ opportunity of US$ 59.1 Mn in 2017 over 2016. The lysosmal storage diseases therapeutics market in the MEA region is estimated to increase 2.5X in value over the forecast period.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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