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Hereditary Angioedema Therapeutics Market 2023 | Key Drivers, Size, Trends And Outlook By 2032
Hereditary Angioedema Therapeutics Market Analysis
The Business Research Company's Hereditary Angioedema Therapeutics Global Market Report 2023 identifies rising prevalence of hereditary angioedema as the major driver for the hereditary angioedema therapeutics market's growth in the forecast period. Hereditary angioedema (HAE) is a rare genetic disorder characterized by recurrent episodes of severe swelling of the skin and mucous membranes. The swelling is caused by excess fluid build-up (EDEMA) and can occur anywhere in the body, including the hands and feet, face, intestines, and airways.
The global hereditary angioedema therapeutics market size is expected to grow from $4.88 billion in 2022 to $5.74 billion in 2023 at a compound annual growth rate (CAGR) of 17.7%. 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, causing inflation across goods and services and affecting many markets across the globe. The global hereditary angioedema therapeutics market size is expected to reach $11.29 billion in 2027 at a CAGR of 18.3%.
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Major competitors in the hereditary angioedema therapeutics market are Shire plc, Sanofi, Pharming Healthcare Inc., Attune Pharmaceuticals, Adverum Biotechnologies, Arrowhead Pharmaceuticals.
A key trend in the hereditary angioedema therapeutics market includes product innovations. Major players are adopting advanced technologies to strengthen their poMajor companies operating in the hereditary angioedema therapeutics market are developing innovative products such as ligand-conjugated (LICA) investigational antisense medicine and gene therapy to sustain their position in the market. For Instance, in March 2023, Intellia Therapeutics, a US-based clinical-stage biotechnology company, launched an Investigational New Drug (IND) NTLA-2002, which was approved by the United States Food and Drug Administration for the treatment of hereditary angioedema. This enables the company's ongoing Phase 1/2 trial to include the US in the worldwide Phase 2 part. After a single dose of therapy, the inactivation of the target gene, kallikrein B1 (KLKB1), will permanently lower plasma kallikrein protein activity and prevent HAE attacks. NTLA-2002 is a candidate for in vivo genome editing.
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The hereditary angioedema therapeutics market is segmented -
1) By Drug Class: C1 Esterase Inhibitor, Selective Bradykinin B2 Receptor Antagonist, Kallikrein Inhibitor, Other Drug Classes
2) By Route of Administration: Intravenous, Subcutaneous, Oral
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Other Distribution Channels
4) By Application: Prophylaxis, On-demand
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the hereditary angioedema therapeutics market.
The Business Research Company's "Global Hereditary Angioedema Therapeutics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hereditary Angioedema Therapeutics Market Include:
1. Executive Summary
2. Hereditary Angioedema Therapeutics Market Characteristics
3. Hereditary Angioedema Therapeutics Market Trends And Strategies
4. Hereditary Angioedema Therapeutics Market - Macro Economic Scenario
5. Hereditary Angioedema Therapeutics Market Size And Growth
….
26. Africa Hereditary Angioedema Therapeutics Market
27. Hereditary Angioedema Therapeutics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hereditary Angioedema Therapeutics Market
29. Hereditary Angioedema Therapeutics Market Future Outlook and Potential Analysis
30. Appendix
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