China Mucopolysaccharidosis I Therapeutics Market Evolution Segmentation and Insight of Trends 2023 to 2028 with Top Countries Data

Report Overview

China Mucopolysaccharidosis-I Therapeutics market size stood at around USD xx billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Mucopolysaccharidosis typeI (MPSI) is a rare disease in which the body is missing or does not have enough of an enzyme needed to break down long chains of sugar molecules. These chains of molecules are called glycosaminoglycans. The global prevalence of MPS I is estimated to be 1/100,000, with Hurler syndrome accounting for 57% of cases, Hurler- Scheie syndrome accounting for 23% of cases and Scheie syndrome accounting for 20% of cases.

Market Drivers

China is a growing market for mucopolysaccharidosis-1 due to factors such as increase in global prevalence rate (1/100,000). Other factors that are contributes to the growth of market are awareness campaign by various organizations, affordable reimbursement scenario for treatment, the growing necessity for advanced therapeuticsand improved R&D activities.

However, there are some restraining factors for growth of mucopolysaccharidosis-1 therapeutics market in China such as high cost of medicines, misdiagnosis of the disease and limitations of medical insurance coverage.

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Major Players

Some of the key players in China's mucopolysaccharidosis-I therapeutics market are Sanofi Genzyme; BioMarin Pharmaceutical Inc.

Key players are adopting various strategies such as partnership, awareness campaigns to increase the market share. For instance, Alzan is the world's first and currently only approved enzyme replacement therapy for the treatment of mucopolysaccharidosis type I, and it is also the only specific treatment drug for MPS 1 in China.

The China Mucopolysaccharidosis I 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 Mucopolysaccharidosis I Therapeutics market. This report explores all the key factors affecting the growth of the global China Mucopolysaccharidosis I 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 mucopolysaccharidosis-1 therapeutics market can be segmented into enzyme replacement therapy and stem cell therapy.

Enzyme replacement therapy is preferred now-days for the treatment of mucopolysaccharidosis-1 and it consists of Laronidase as a drug. 41% of patients with mucopolysaccharidosis in China did not receive any treatment after diagnosis, while 47% of them were only treated symptomatically, due to lack of proper ERT in China. 8.95% of patients travelled overseas to receive effective ERT treatment.

By Distribution Channels:

On the basis of distribution channels, the China mucopolysaccharidosis-I 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 key distribution channels as they have a large patient base compared to other healthcare facilities and they also conduct various clinical trials.

Major Players

Some of the key players in China's mucopolysaccharidosis-I therapeutics market are Sanofi Genzyme; BioMarin Pharmaceutical Inc.

Key players are adopting various strategies such as partnership, awareness campaigns to increase the market share. For instance, Alzan is the world's first and currently only approved enzyme replacement therapy for the treatment of mucopolysaccharidosis type I, and it is also the only specific treatment drug for MPS 1 in China.

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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 Mucopolysaccharidosis I 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 Mucopolysaccharidosis I Therapeutics Market:

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