Press release
Alpha 1 Lung Disease Market Latest Trends and Future Opportunities Analysis to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Alpha 1 Lung Disease Market - (By Disease Type (Alpha-1 Antitrypsin Deficiency, Chronic Obstructive Pulmonary Disease (COPD), Pulmonary Fibrosis, Bronchiectasis, Others), By Treatment Type (Augmentation Therapy, Bronchodilators, Corticosteroids, Oxygen Therapy, Lung Transplantation, Others), By Route of Administration (Inhalation, Injectable, Oral), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By End User (Hospitals, Homecare, Specialty Clinics, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Alpha 1 Lung Disease Market is valued at US$ 4.13 Billion in 2022, and it is expected to reach US$ 19.93 Billion by 2031, with a CAGR of 19.33% during the forecast period of 2023-2031.
Alpha-1 Antitrypsin Deficiency is a hereditary condition affecting predominantly the lungs and liver. It is caused by a lack of alpha-1 antitrypsin (AAT), a protein generated by the liver that plays an important role in protecting the lungs from harm. AAT is produced by the liver and released into the bloodstream, where it travels to the lungs to aid in the regulation of enzymes that can cause tissue damage. As awareness grows and diagnostic capabilities improve, the number of recognised Alpha-1 patients may increase, thereby growing the market for related treatments. AATD augmentation therapy has numerous health benefits, including preventing lung deterioration and addressing deficits. Care providers are using this therapy to help patients manage their diseases, which will drive market expansion throughout the forecast period. Government policies that encourage research and development in the field of rare genetic illnesses can have a favourable impact on the Alpha-1 lung disease market.
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List of Prominent Players in the Alpha 1 Lung Disease Market:
• AstraZeneca
• Boehringer Ingelheim
• Roche
• Novartis
• Pfizer
• Merck
• Bristol-Myers Squibb
• Takeda Pharmaceutical
• CSL Behring
• Vertex Pharmaceuticals
• Amgen
• Sanofi
• GlaxoSmithKline
• Gilead Sciences
• Eli Lilly
• AbbVie,
• Johnson & Johnson
• Teva Pharmaceutical
• Audentes Therapeutics
• Regeneron Pharmaceuticals
• LFB Biomedicaments
• Grifols
• Kamada Ltd
• Others
Market Dynamics:
Drivers-
The combination of higher personal disposable income and growing awareness in emerging nations on the availability of treatment options may lead to further opportunities for market development. Rising global medical tourism, an increase in the prescription for combination medicines, and a high potential for development in the developing market will create enough market growth drivers. As healthcare infrastructure improves in various locations, access to Alpha-1 diagnostics and therapies may rise, adding to global market growth.
Challenges:
The Alpha-1 Lung Disease market confronts a number of issues that may have an impact on therapy development, accessibility, and pricing. Alpha-1 Antitrypsin Deficiency is frequently misdiagnosed as another respiratory illness. Healthcare practitioners' lack of awareness might result in delayed diagnosis and action. Limited research funding and the difficulties associated with conducting clinical trials for uncommon diseases can stymie the discovery of new and more effective treatments for Alpha-1 Lung Disease. Many individuals, including healthcare experts, may be unfamiliar with Alpha-1. In order to improve understanding, early detection, and management, further education and advocacy initiatives are required.
Regional Trends:
The North America Alpha 1 Lung Disease Market is expected to record a major market revenue share and it is projected to grow at a high CAGR in the near future. Monitoring regulatory changes, healthcare policy updates, and ongoing research in the region will provide a more accurate view of the Alpha-1 Lung Disease market drivers in North America. Continuous innovation in treatment modalities, such as replacement therapy and other interventions, can contribute to the extension of available alternatives for controlling Alpha-1-related lung disorders.
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Recent Developments:
• In May 2023, Kamada Pharmaceuticals announced Glassia's Swiss commercial approval for the treatment of alpha-1 antitrypsin insufficiency. Swissmedic has approved Glassia [Alpha-1 Proteinase Inhibitor (Human)] for prolonged augmentation and maintenance therapy in patients with clinically evident emphysema due to severe familial alpha-1 antitrypsin deficiency illness.
Segmentation of Alpha 1 Lung Disease Market-
By Disease Type-
• Alpha-1 Antitrypsin Deficiency
• Chronic Obstructive Pulmonary Disease (COPD)
• Pulmonary Fibrosis
• Bronchiectasis
• Others
By Treatment Type-
• Augmentation Therapy
• Bronchodilators
• Corticosteroids
• Oxygen Therapy
• Lung Transplantation
• Others
By Route of Administration-
• Inhalation
• Injectable
• Oral
By Distribution Channel-
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By End User-
• Hospitals
• Homecare
• Specialty Clinics
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic Pvt. Ltd.
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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