Recent News Stories Shows How The China Gaucher Disease Therapeutics Market Products Are Surviving In The Global Industry To 2028?

Report Overview

China Gaucher Disease 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 4.7% during the forecast period.

Gaucher diseaseis a rare, inherited metabolicdisorderin which deficiency of the enzyme glucocerebrosidase results in the accumulation of harmful quantities of certain fats (lipids), specifically the glycolipid glucocerebroside, throughout the body especially within the bone marrow, spleen and liver. The prevalence of Gaucher disease in China is about 1:200,000 to 1:500,000 persons. Incidence rate is 1.24 per 100,000 persons in China.

Market Drivers

China is a growing market for Gaucher disease due to factors such as increase in Chinas incidence rate (1.24 per 100,000 persons) and prevalence rate (1:200,000 to 1:500,000 persons). Other factors that contribute to the growth of the market are awareness campaigns by various organizations and affordable reimbursement scenarios for treatment.

However, there are some restraining factors for growth of the Gaucher disease therapeutics market in China such as high cost of medicines, misdiagnosis (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 Gaucher disease therapeutics market are Sanofi Genzyme; Takeda Pharmaceutical Company Limited; Pharming Group NV.

Key players are adopting various strategies such as partnership, awareness campaigns to increase the market share. For instance, Genzyme began donating Cerezyme free of charge to patients with severe Gaucher's disease in China, as well as donating drugs for free, the manufacturer worked closely with the China Charity Federation (CCF) to increase public awareness of the disease and promote research into policy and insurance coverage for orphan diseases.

The China Gaucher Disease 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 Gaucher Disease Therapeutics market. This report explores all the key factors affecting the growth of the global China Gaucher Disease 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 Gaucher disease therapeutics market can be segmented into enzyme replacement therapy and substrate reduction therapy.

Enzyme replacement therapy most commonly used for the treatment and it consists of Imiglucerase, Velaglucerase and others. Substrate reduction therapy consists of glucosylceramide synthase inhibitors such as Miglustat, Eliglustat.

By Surgery:

On the basis of surgery, the China Gaucher disease therapeutics market can be segmented into surgery. Surgery consists of spleen removal and bone marrow transplantation.

By Route of Administration:

On the basis of route of administration, the China Gaucher disease therapeutics market can be segmented into oral and parenteral. 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).

By Distribution Channel:

On the basis of the distribution channel, the China Gaucher disease therapeutics market can be segmented into retail, online and hospital pharmacies. During the forecast period (2019-2028) online pharmacies and retail pharmacies will dominate the market due to easy availability of medicines at a less price compared to hospital pharmacies. Hospital pharmacies are the second largest distribution channels during the forecast period (2019-2028).

Major Players

Some of the key players in China Gaucher disease therapeutics market are Sanofi Genzyme; Takeda Pharmaceutical Company Limited; Pharming Group NV.

Key players are adopting various strategies such as partnership, awareness campaigns to increase the market share. For instance, Genzyme began donating Cerezyme free of charge to patients with severe Gaucher's disease in China, as well as donating drugs for free, the manufacturer worked closely with the China Charity Federation (CCF) to increase public awareness of the disease and promote research into policy and insurance coverage for orphan diseases.

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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 Gaucher Disease 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 Gaucher Disease Therapeutics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the China Gaucher Disease Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the China Gaucher Disease Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the China Gaucher Disease Therapeutics
Chapter 4: Presenting the China Gaucher Disease 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 Gaucher Disease 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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