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Enzyme Replacement Therapy Market 2023 - Size, Share, Emerging Trends, Growth Drivers, And Forecast To 2032
Enzyme Replacement Therapy Market Analysis
Enzyme Replacement Therapy Market Size, Growth Rate, And Forecast
The global enzyme replacement therapy market size is expected to grow from $10.03 billion in 2022 to $10.85 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions and affecting many markets across the globe. The global enzyme replacement therapy market size is expected to reach $14.79 billion in 2027 at a CAGR of 8.1%.
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Enzyme Replacement Therapy Market Drivers
The rising prevalence of rare, chronic, and inherited disorders is expected to propel the growth of the enzyme replacement therapy market going forward. Chronic disease refers to a form of illness that lasts for three months or more and can deteriorate with time. Chronic diseases are more common in elderly people and typically can be controlled but not eradicated.
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Enzyme Replacement Therapy Market Segments
1) By Enzyme Type: Agalsidase Alfa, Agalsidase Beta, Galsulfase, Other Enzyme Types
2) By Application: Gaucher Disease, Pompe Disease, Fabry Disease, Other Applications
3) By Route Of Administration: Oral, Parenteral
4) By End-Users: Hospitals, Infusion Centers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the enzyme replacement therapy market.
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Enzyme Replacement Therapy Market Key Players
Major competitors in the enzyme replacement therapy market include Biomarin Pharmaceutical Inc., Leadiant Biosciences Inc., Pfizer Inc., Sanofi S.A., AbbVie Inc., Takeda Pharmaceutical Company Limited.
The Business Research Company's "Global Enzyme Replacement Therapy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Enzyme Replacement Therapy Market Include:
1. Executive Summary
2. Enzyme Replacement Therapy Market Characteristics
3. Enzyme Replacement Therapy Market Trends And Strategies
4. Enzyme Replacement Therapy Market - Macro Economic Scenario
5. Enzyme Replacement Therapy Market Size And Growth
....
26. Africa Enzyme Replacement Therapy Market
27. Enzyme Replacement Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enzyme Replacement Therapy Market
29. Enzyme Replacement Therapy Market Future Outlook and Potential Analysis
30. Appendix
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