Press release
Impact of COVID-19 Outbreak on China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market to Witness a Pronounce Growth During Forecast 2023-2028
Report OverviewChina Charcot-Marie-Tooth disease (CMT) 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.
Charcot-Marie-Tooth (CMT) disease is a group of disorders in which the motor and/or sensory peripheral nerves are affected, resulting in muscle weakness and atrophy, as well as sensory loss. These manifestations occur first in the distal legs and later in the hands. In China the overall incidence of CMT is about 40/100,000.
Market Drivers
China is a growing market for Charcot-Marie-Tooth disease (CMT) due to factors such as increase in Chinas incidence rate (40/100,000). In addition to this, other factors that contribute to the growth of the market are increase in genetic disorders and increased focus towards targeted therapies.
However, there are some restraining factors for growth of Charcot-Marie-Tooth disease (CMT) therapeutics market in China such high cost of treatment.
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Major Players
Some of the key players in China's Charcot-Marie-Tooth disease (CMT) therapeutics market are Pharnext; Tasly Pharmaceutical Group Co., Ltd (Shanghai).
Key players are adopting strategies such as mergers and acquisitions, partnerships and licensing agreements. For instance, a licensing agreement between Pharnext and Tasly Pharmaceutical for the development and commercialization of the drug candidate PXT3003 for Charcot-Marie-Tooth type 1A disease in the Chinese market.
The French biopharmaceutical company Pharnext recently announced that its candidate for the treatment of Charcot-Marie-Tooth disease type 1A (CMT1A) was granted priority review by the China Food and Drug Administration (CFDA). Pharnext does not have its direct presence in China, however it made a collaboration with Tasly Pharmaceutical for commercialization of drug PXT3003 in China.
The report delivers the challenges in front of the China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the China Charcot-Marie-Tooth Disease (CMT) Therapeuticss Market including the current trends, growth opportunities, restraints, and market drivers.
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Market Segmentation
By Therapy:
On the basis of therapy, China's Charcot-Marie-Tooth disease (CMT) therapeutics market can be segmented into supportive therapy.
Appropriate supportive therapy can significantly improve the quality of life of patients. Supportive therapy includes rehabilitation treatment, avoiding the drugs that may aggravate the CMT such as Vincristine, Amiodarone, Metronidazole and Dapsone.
By Surgery:
Most patients who have moderate to severe CMT disease can be helped with surgery. Surgery may be beneficial for severe bone deformities, especially for high arch and hammer toe deformities and Clawed toes can be straightened, high arched feet can be flattened, and unstable ankles can be tightened.
By Disease Type:
On the basis of disease type, the China's Charcot-Marie-Tooth disease (CMT) therapeutics market can be segmented into CMT-1, CMT-2, CMT-3, CMT-4, CMTX1. CMT-1 is the most common type and it represents 70% of cases.
Fig- Genetic spectrum of CMT among the Han Chinese population in Taiwan. (A) The common genetic causes, and (B) rare genetic causes.
Major Players
Some of the key players in China's Charcot-Marie-Tooth disease (CMT) therapeutics market are Pharnext; Tasly Pharmaceutical Group Co., Ltd (Shanghai).
Key players are adopting strategies such as mergers and acquisitions, partnerships and licensing agreements. For instance, a licensing agreement between Pharnext and Tasly Pharmaceutical for the development and commercialization of the drug candidate PXT3003 for Charcot-Marie-Tooth type 1A disease in the Chinese market.
The French biopharmaceutical company Pharnext recently announced that its candidate for the treatment of Charcot-Marie-Tooth disease type 1A (CMT1A) was granted priority review by the China Food and Drug Administration (CFDA). Pharnext does not have its direct presence in China, however it made a collaboration with Tasly Pharmaceutical for commercialization of drug PXT3003 in China.
The China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the China Charcot-Marie-Tooth Disease (CMT) Therapeutics market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market.
International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic China Charcot-Marie-Tooth Disease (CMT) Therapeutics market. Each section of the research study is specially prepared to explore key aspects of the global China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global China Charcot-Marie-Tooth Disease (CMT) Therapeutics market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.
This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.
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Strategic Points Covered in Table of Content of Global China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the China Charcot-Marie-Tooth Disease (CMT) Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the China Charcot-Marie-Tooth Disease (CMT) Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the China Charcot-Marie-Tooth Disease (CMT) Therapeutics
Chapter 4: Presenting the China Charcot-Marie-Tooth Disease (CMT) 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 Charcot-Marie-Tooth Disease (CMT) 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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