Comprehensive Analysis On China Lysosomal Storage Disorders Therapeutics Market 2023 With Future Trend, Market Size, Business Growth, Top Key players, CAGR

Report Overview

China Lysosomal Storage Disorders Therapeutics market size stood at around USD xx billion in 2019 and is projected to reach USD $xx billion by 2028, exhibiting a CAGR of 5.2% during the forecast period.

Lysosomal storage diseases are inherited metabolic diseases that are characterized by an abnormal build-up of various toxic materials in the bodys cells as a result of enzyme deficiencies. Although each type of lysosomal storage disease is very rare, as a whole, the global incidence is about 1 in 5000-6000. Taking Shanghai as an example, about 200,000 newborns are born in the city each year, and the number of patients About 10-20.

Market Drivers

China is a growing market for lysosomal storage disorders due to an enormous population, increase in awareness of disease by the establishment of the Chinese Newborns Screening Cooperative Group for Lysosomal Storage Disease and improvement in R&D activities. Development of novel therapeutics and increase in global incidence (1 in 5000-6000) and prevalence rate leads to growth of the China lysosomal Storage Disorders drug market.

However, there are some restraining factors for the growth of lysosomal storage disorders therapeutics market in China such as high cost of treatment, limitations of medical insurance coverage and misdiagnosis of the disease (in 2019 61.9% of Gaucher disease patients have experienced misdiagnosis, and 27.9% of patients need 1-5 years to be diagnosed).

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Major Players

Some of the key players in China lysosomal storage disorders therapeutics market are Sanofi; Takeda Pharmaceutical Co. Ltd; Genzyme; BioMarin Pharmaceuticals Inc; Amicus Therapeutics Inc.

Key players are adopting various strategies such as awareness campaigns, collaboration, and partnership. For instance, Sanofi started awareness programs, providing support to patients in China affected by lysosomal storage disorders.

WuXi Biologics and Amicus Sign Exclusive Manufacturing Partnership for Amicus' Pompe biologic ATB200.

In order to better promote neonatal screening for lysosomal storage disease, the Shanghai Institute of Paediatrics and PerkinElmer Medical Diagnostic Products (Shanghai) Co., Ltd. signed a cooperation agreement. In this cooperation, the two parties will focus on conducting population data analysis of lysosomal storage diseases in China; jointly explore the neonatal screening system for lysosomal storage diseases, establish a closed-loop process of screening, diagnosis, and treatment; and strengthen rare Training of clinical and laboratory personnel for disease.

The China Lysosomal Storage Disorders Therapeutics Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global China Lysosomal Storage Disorders Therapeutics market. This report explores all the key factors affecting the growth of the global China Lysosomal Storage Disorders Therapeutics market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Therapy:

On the basis of therapy, the China lysosomal storage disorders therapeutics market can be segmented into enzyme replacement therapy, substrate reduction therapy and gene therapy.

Enzyme replacement therapy (Velaglucerase Alfa, Taliglucerase Alfa, Agalsidase Beta, Laronidase, Imiglucerase) substrate reduction therapy (Eliglustat, Miglustat), and gene therapy. Enzyme replacement therapy delivers the missing enzyme through a vein (IV).

Substrate reduction therapy reduces the substance that is building up in the cells. For example, the drug Miglustat treats one form of Gaucher disease. Mostly gene therapy is used to correct visceral pathology in LSD.

By Disease Type:

On the basis of disease type, the China lysosomal storage disorders therapeutics market can be segmented into Gaucher disease, Pompe disease, Fabry disease and Mucopolysaccharidosis.

Gaucher disease (14%), Pompe disease (7%), Fabry disease (5%), Mucopolysaccharidosis (MPS). MPS is further segmented into MPS I - Hurler, Hurler Scheie and Scheie, MPS II - Hunter, MPS III - Sanfilippo, and others. A high incidence (1.24 per 100000) of Gaucher's disease is attributable to its large market share.

Diseases such as Fabry, Pompe, and MPS are also gaining the market owing to rising awareness brought about by organizations such as Chinese Newborns Screening Cooperative Group for Lysosomal Storage Disease.

By Route of Administration:

On the basis of route of administration, the China lysosomal storage disorders therapeutics market can be segmented into oral and intravenous. Oral route of administration is usually the preferred method due to its convenience and pain-free administration. Oral medication is associated with a better quality of life, compared with infusion therapy (parenteral route of administration).

Major Players

Some of the key players in China lysosomal storage disorders therapeutics market are Sanofi; Takeda Pharmaceutical Co. Ltd; Genzyme; BioMarin Pharmaceuticals Inc; Amicus Therapeutics Inc.

Key players are adopting various strategies such as awareness campaigns, collaboration, and partnership. For instance, Sanofi started awareness programs, providing support to patients in China affected by lysosomal storage disorders.

WuXi Biologics and Amicus Sign Exclusive Manufacturing Partnership for Amicus' Pompe biologic ATB200.

In order to better promote neonatal screening for lysosomal storage disease, the Shanghai Institute of Paediatrics and PerkinElmer Medical Diagnostic Products (Shanghai) Co., Ltd. signed a cooperation agreement. In this cooperation, the two parties will focus on conducting population data analysis of lysosomal storage diseases in China; jointly explore the neonatal screening system for lysosomal storage diseases, establish a closed-loop process of screening, diagnosis, and treatment; and strengthen rare Training of clinical and laboratory personnel for disease.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global China Lysosomal Storage Disorders Therapeutics Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global China Lysosomal Storage Disorders Therapeutics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the China Lysosomal Storage Disorders Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the China Lysosomal Storage Disorders Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the China Lysosomal Storage Disorders Therapeutics
Chapter 4: Presenting the China Lysosomal Storage Disorders Therapeutics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the China Lysosomal Storage Disorders Therapeutics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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