Fabry Disease Treatment Global Market Report 2024 - By Report, Size, Share And Growth, Outlook By 2033

"The new report published by The Business Research Company, titled Fabry Disease Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fabry disease treatment market size has grown strongly in recent years. It will grow from $1.92 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The fabry disease treatment market size is expected to see strong growth in the next few years. It will grow to $2.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.

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Impact of Increasing Renal Disease Prevalence on the Fabry Disease Treatment Market
The increasing prevalence of renal diseases is expected to propel the growth of the fabry disease treatment market going forward. Renal diseases, also known as kidney diseases, refer to any conditions impairing the kidneys' function. The cases of renal diseases are growing due to genetic predispositions, lifestyle choices, environmental factors, and underlying health conditions. Fabry disease is caused by the accumulation of globotriaosylceramide (Gb3) in kidney cells, leading to damage and dysfunction, highlighting the critical need for early detection and intervention to prevent kidney complications. For instance, in December 2023, the Australian Bureau of Statistics, an Australian government agency, reported that 246,200 people (1.0% of the population) had kidney disease in 2022, representing a 0.2% increase over the past decade. Therefore, the increasing prevalence of renal diseases is driving the growth of the fabry disease treatment market.

Advancements in Plant Cell-Based Treatment for Fabry Disease
Major companies operating in the Fabry disease treatment market are developing plant cell-based treatments to enhance therapeutic efficacy, reduce treatment costs, and improve patient outcomes through innovative and sustainable approaches. Plant cell-based treatment for fabry disease involves using plant cells to produce deficient enzymes in individuals with fabry disease. These plant-derived enzymes can be used as a therapeutic option to replace the missing or defective enzymes in the body, aiming to alleviate symptoms and improve the health of patients affected by Fabry disease. For instance, in May 2023, Chiesi Global Rare Diseases, an Italy-based pharmaceutical company, and Protalix BioTherapeutics Inc., an Israel-based pharmaceutical company, received approval for the ELFABRIO. ELFABRIO presents an alternative treatment choice for individuals with Fabry disease. It is an enzyme replacement therapy (ERT) where the recombinant human α-Galactosidase-A enzyme is produced in plant-cell culture and modified with PEGylation to extend its half-life significantly. This treatment reduces frequency, enhances convenience, and improves the overall management of Fabry disease symptoms, enhancing patient quality of life.

The fabry disease treatment market covered in this report is segmented -
1) By Treatment: Substrate Reduction Therapy, Enzyme Replacement Therapy, Chaperone Treatment, Other Treatments
2) By Route Of Administration: Oral Route, Intravenous Route
3) By Disease Severity: Classic Fabry Disease, Late-Onset Fabry Disease
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

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Major companies operating in the fabry disease treatment market are Sanofi S.A., GSK plc, Takeda Pharmaceutical Company Limited, CHIESI Farmaceutici S.p.A., Ultragenyx Pharmaceutical Inc., Amicus Therapeutics Inc., JCR Pharmaceuticals Co. Ltd., Sangamo Therapeutics Inc., Idorsia Pharmaceuticals Ltd., Centogene N.V., Protalix BioTherapeutics, Avrobio Inc., ISU Abxis, Synageva BioPharma Corp., Greenovation Biotech GmbH, CANbridge Pharmaceuticals, Freeline, 4D Molecular Therapeutics, Abeona Therapeutics Inc., GC Biopharma Corporation

Contents of the report:
1. Executive Summary
2. Fabry Disease Treatment Market Report Structure
3. Fabry Disease Treatment Market Trends And Strategies
4. Fabry Disease Treatment Market - Macro Economic Scenario
5. Fabry Disease Treatment Market Size And Growth
…..
27. Fabry Disease Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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