South Korea Fabry Disease Market 2023 Share, Size, Key Players, Revenue Analysis | Prudent Markets

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

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Report Overview

The South Korea Fabry diseasemarket size stood at around USD xx million in 2019 and is projected to reach xx million by 2028, exhibiting a CAGR of around xx % during the forecast period.

Fabry disease is caused by a mutation in the galactosidase alpha gene, which leads to absent or deficient function of the lysosomal enzyme -galactosidase A. It is a progressive lysosomal storage disease. As GL-3 is not decomposed and accumulates, various clinical symptoms appear throughout the body, including eyes, heart, kidneys, and skin. As Fabry disease is a progressive disease that worsens with age, experts say early diagnosis and treatment are of the utmost importance. Main symptoms and co-morbidities for Fabry disease include angiokeratoma, cornea verticillate (corneal whirling), hearing loss, tinnitus, proteinuria, cardiac hypertrophy & arrhythmias, sweating dysfunction.

Market Drivers

Increasing government efforts towards the improvement of the healthcare sectorsas well as the introduction of new therapies, and many drugs that are in pipelines will drive the market growth in the near future. Additionally, the increasing awareness about the enzyme replacement therapy among people and rising healthcare expenditure towards research and development of new drugs and the acceptance of technologically superior medical devices is expected to drive the market growth.

It is confirmed that there were about 200 Fabry disease patients in Korea as of 2018 but considering the frequency of occurrence of about 1 in 40,000 to 60,000 people, there are likely to be many undiagnosed patients. These undiagnosed cases will impede the market growth.

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Market Segmentation

By Treatment:

According to type of treatment provided market is segmented into enzyme replacement and gene therapy, chaperone treatment, organ specific treatment, substrate reduction therapy and others. Enzyme replacement therapy is leading the Fabry disease treatment market.

By Diagnosis:

Based on diagnosis the market is segmented into blood tests, urine test, imaging, and others.

Top Players

The current treatment for Fabry Disease involves the use of enzyme replacement therapies (ERTs), whereby patients are given intravenous ?-GAL A enzyme, leading to a reduction of Gb3 levels in the blood. There are currently three ERTs available in this space, namely Sanofi Genzyme's Fabrazyme (agalsidase beta), Takeda's Replagal (agalsidase alfa) and JCR Pharmaceuticals' biosimilar agalsidase beta. Since 2018, Amicus Therapeutics' Galafold (migalastat hydrochloride), a novel oral pharmacological chaperone therapy, has also been available for the treatment of Fabry Disease.

Highlighted Segments of South Korea Fabry Disease Market:

Industry Overview: The first section of the research study covers an overview of the global South Korea Fabry Disease Market, market status and prospects, and product range. In addition, it provides highlights of the major segments of the global Market, i.e., region, type, and application segments.

Competitive Analysis: This report illuminates important mergers and acquisitions, business expansion, product or service differences, market concentration, the competitive status of the global South Korea Fabry Disease Market, and market size by player.

Company Profiles and Key Data: This section covers companies profiling the major players in the global South Korea Fabry Disease Market based on the aforementioned revenue, products, business, and other factors.

Market size by type and application: In addition to providing an in-depth analysis of the industry size by type and application, this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends, and opportunities of the global South Korea Fabry Disease Market. This section also includes Porter's analysis of five forces.

Findings and Conclusions: It provides strong recommendations for new as well as established players for securing a position of strength in the global South Korea Fabry Disease Market.

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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 South Korea Fabry Disease 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 South Korea Fabry Disease Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the South Korea Fabry Disease market
Chapter 2: Exclusive Summary - the basic information of the South Korea Fabry Disease Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the South Korea Fabry Disease
Chapter 4: Presenting the South Korea Fabry Disease 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 South Korea Fabry Disease 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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-An extra edge in the competitive market could be obtained from this elaborative research report
-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

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