United Kingdom Huntington Disease Therapeutics Market Size and Share 2023 | Upcoming Trends, Development Status and in-Depth Analysis Research Report by 2028

Report Overview

The UK Huntington Disease (HD) 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.

Huntington's disease (HD) is an inherited condition characterized by the progressive degeneration of neurons within certain areas of the brain (e.g., basal ganglia, cerebral cortex). People with HD usually live for about 15 to 20 years after the condition begins. Signs and symptoms usually develop between ages 35 to 44 years and may include uncontrolled movements, loss of intellectual abilities, and various emotional and psychiatric problems.

Huntingtons disease is transmitted as an autosomal dominant trait. The disease results from changes (mutations) of a gene known as huntingtin (HTT) located on the short arm (p) of chromosome 4. In those with the disorder, the huntingtin gene contains errors in the coded building blocks (nucleotide bases) that make up the genes instructions. A brief review of the number of patients by the Huntington Disease Association in the UK indicated that approximately 6,700 individuals in the UK are currently living with HD. This means that 12.4 per 100,000 persons or 1 out of every 8,065 individuals may be affected with Huntington's disease.

Market Growth Drivers

High unmet needs within the market present a key commercial opportunity to develop breakthrough disease-modifying therapies. The Huntingtons disease pipeline is expected to witness new developments over the next decade as several privately-held and innovation-driven pharmaceutical companies venture into the HD treatment arena. The introduction of disease-modifying drugs is poised to transform the market landscape. With ongoing research, there are increasingly significant opportunities for drug companies to develop new drugs with novel mechanisms of action.

The Huntingtons disease treatment market is expected to witness novel product launches, including the approval of several disease-modifying therapies. Current research in HD focuses on using novel treatments such as immuno-modulating therapies, gene therapy (using antisense oligonucleotides, micro RNAs (miRNA), mRNA splicing, and zinc-finger DNA binding protein).

Increasing incidence and prevalence of Huntington's disease is one of the major key drivers of HD market growth over the forecast period. The potential role of RNA antisense technology and stem cell therapy is under active clinical investigation. Wave Life Sciences and Roches antisense oligonucleotides aim to target underlying disease causes and are expected to contribute significantly to market growth.

Market Restraints

However, an increase in the cost of medical treatment, less prominent reimbursement policies, and occurrence of side effects in related currently available treatments may hamper the Huntington disease treatment market growth.

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Top Major Players

The UK Huntington's disease treatment market is highly competitive and provides a great opportunity for market players to account for the maximum market share. Tominersen and WVE-120102 are the potential candidates that are used to treat Huntington's disease. The prominent players in the Huntington disease treatment market include Hoffmann La-Roche Ltd, Wave Life Sciences UK Limited, Teva Pharmaceuticals UK Ltd, and Alnylam Pharmaceuticals UK Ltd. among others.

The United Kingdom Huntington 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 United Kingdom Huntington Disease Therapeutics market. This report explores all the key factors affecting the growth of the global United Kingdom Huntington Disease Therapeutics market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Diagnosis:

Based on the diagnosis, the HD treatment market is bifurcated into

Computerized tomography (CT) scanning
Magnetic resonance imaging (MRI)
Electroencephalography (EEG)
Neuropsychological tests
Genetic tests
Others

As the prevalence of Huntington's disease enhances, thus it can be projected that HD market growth will increase over the forecast period.

By Therapeutics:

In terms of therapeutics, the HD treatment market can be classified into

Psychotherapy
Speech therapy
Physiotherapy
Antidopaminergics
Anticonvulsants
Antipsychotics
Antidepressants
Others

Moreover, high levels of dopamine are thought to cause chorea (involuntary jerking or writhing movements) in Huntington's patients. Xenazine (tetrabenazine) and Austedo (deutetrabenazine) are two antidopaminergic medications approved to treat symptoms of chorea in Huntington's disease. Tominersen and WVE-120102 are the potential candidates that are used to treat Huntington's disease. Thus, projected to exhibit strong growth during the forecast period.

By Route of Administration:

Based on the route of administration, the HD treatment market can be segmented into

Oral
Intravenous (IV)
Intrathecal (IT)
Others

Tominersen and WVE-120102 are the most potential candidates that are used to treat Huntington's disease effectively and are administered by the intrathecal route of administration. Various other drugs can also be administered at regular intervals to patients with Huntington's disease. Thus, the intrathecal type of the route of administration segment is anticipated to account for the majority of the revenue share during the forecast period.

Top Major Players

The UK Huntington's disease treatment market is highly competitive and provides a great opportunity for market players to account for the maximum market share. Tominersen and WVE-120102 are the potential candidates that are used to treat Huntington's disease. The prominent players in the Huntington disease treatment market include Hoffmann La-Roche Ltd, Wave Life Sciences UK Limited, Teva Pharmaceuticals UK Ltd, and Alnylam Pharmaceuticals UK Ltd. among others.

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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 United Kingdom Huntington 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 United Kingdom Huntington Disease Therapeutics Market:

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