Press release
Global Mucopolysaccharidosis Treatment Market to Reach $3.51 Billion by 2029, Growing at 8% CAGR
Mucopolysaccharidosis Treatment Market Size
The mucopolysaccharidosis treatment market is set to be driven by the rise in different types of mucopolysaccharidosis conditions. Mucopolysaccharidosis refers to a complex carbohydrate that gathers in body tissues when the person affected doesn't have the necessary enzyme to break it down. Therapy for Mucopolysaccharidosis (MPS) can hinder the progression of the disease by reducing the creation of glycosaminoglycan (GAG) in the body, managing symptoms and preventing complications via different therapeutic methodologies. For instance, the Orphanet Journal of Rare Diseases, a peer-reviewed open-access medical journal based in France, estimated in July 2024 that the occurrence of mucopolysaccharidosis IVa (MPS IVa) is around 1 in 201,000 live births, though it is believed this figure may vary significantly across different populations. Also, the birth prevalence of Mucopolysaccharidosis VI (MPS VI) is estimated to be between 1 in 43,261 and 1 in 1,505,160, varying with the population. This surge in various forms of mucopolysaccharidosis is expected to positively influence the growth of the mucopolysaccharidosis treatment market.
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How will the growth rate of the mucopolysaccharidosis treatment market shape industry trends by 2034?
Recent years have seen sturdy growth in the mucopolysaccharidosis treatment market size. Projected to expand from $2.4 billion in 2024 to $2.59 billion in 2025, it will experience a compound annual growth rate (CAGR) of 8.0%. Factors such as enzyme replacement therapy (ERT), enhanced diagnostic utilities, advocacy and increased awareness, the evolution of gene therapy, and the development of healthcare infrastructure are credited for the growth in the historic timespan.
Anticipated to witness considerable expansion in the upcoming years is the mucopolysaccharidosis treatment market, which is forecasted to reach a value of $3.51 billion in 2029, escalating at a compound annual growth rate (CAGR) of 7.9%. This significant growth during the projected period can be ascribed to progress in gene editing technology, regulatory transformations and backing, initiatives improving patient accessibility, the emergence of novel therapeutic models, and the implementation of precision medicine strategies. The forecast period is also expected to see key trends such as enhanced caregiver support schemes, an increased emphasis on symptom management, educational and training programs, amplified global accessibility, and breakthroughs in biomarker development.
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What trends are poised to drive the future success of the mucopolysaccharidosis treatment market?
Focusing on product innovation is a primary approach that is gaining traction in the treatment market for mucopolysaccharidosis. In order to stay competitive, many key players in this market are emphasizing on the development of new, innovative treatments. As an example, Ultragenyx Pharmaceutical Inc., a biopharmaceutical firm based in the U.S., unveiled Vestronidase alfa (Mepsevi) in Japan in September 2022. This treatment option, designed exclusively for patients suffering from Mucopolysaccharidosis Type VII (MPS VII or Sly Syndrome), is an enzyme replacement therapy that targets enzyme deficiency, facilitating the degradation of glycosaminoglycans (GAGs) and thus reducing their buildup in organs and tissues. Mepsevii not only improves patients' mobility and respiratory functioning but also revolutionizes care for those affected by this rare, progressive condition. The approval of Mepsevii generates a noteworthy advancement in guaranteeing that Japanese patients with rare illnesses receive much-needed care.
Which primary segments of the mucopolysaccharidosis treatment market are driving growth and industry transformations?
The mucopolysaccharidosis treatment market covered in this report is segmented -
1) By Treatment: Enzyme Replacement Therapy, Stem Cell Therapy
2) By Disease: Mucopolysaccharidosis- I, Mucopolysaccharidosis- II, Mucopolysaccharidosis-IV, Mucopolysaccharidosis-VI, Other Diseases
3) By Route Of Administration: Intravenous, Intracerebroventricular
4) By End-User: Hospitals, Specialty Clinics, Other End-Users
Subsegments:
1) By Enzyme Replacement Therapy: Idursulfase (Elaprase), Laronidase (Aldurazyme), Velaglucerase Alfa (Vpriv), Galsulfase (Naglazyme)
2) By Stem Cell Therapy: Hematopoietic Stem Cell Transplantation (HSCT), Umbilical Cord Blood Transplantation, Gene Therapy Approaches
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Which geographical regions are pioneering growth in the mucopolysaccharidosis treatment market?
North America was the largest region in the mucopolysaccharidosis treatment market in 2024. The regions covered in the mucopolysaccharidosis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the mucopolysaccharidosis treatment market landscape?
Major companies operating in the mucopolysaccharidosis treatment market include Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, GlaxoSmithKline plc, Takeda Pharmaceutical Co. Ltd., Teva Pharmaceutical Industries Ltd., BioMarin Pharmaceuticals Inc., Mallinckrodt Pharmaceuticals, Green Cross Corporation, Sarepta Therapeutics Inc., Esteve SA, JCR Pharmaceuticals Co. Ltd., Ultragenyx Pharmaceutical Inc., RegenxBio Inc., Sangamo Therapeutics Inc., Audentes Therapeutics Inc., Eidos Therapeutics Inc., Neurogene Inc., Immusoft Corporation, Bioasis Technologies Inc., Paradigm Biopharmaceuticals Ltd., Rimedion Inc., Eloxx Pharmaceuticals Inc., iBio Inc., Abeona Therapeutics Inc.
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What Is Covered In The Mucopolysaccharidosis Treatment Global Market Report?
• Market Size Forecast: Examine the mucopolysaccharidosis treatment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the mucopolysaccharidosis treatment market for a structured understanding.
• Key Players Overview: Analyze major players in the mucopolysaccharidosis treatment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the mucopolysaccharidosis treatment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the mucopolysaccharidosis treatment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the mucopolysaccharidosis treatment market.
• Industry Challenges: Identify potential risks and obstacles affecting the mucopolysaccharidosis treatment market.
• Competitive Landscape: Review strategic developments in the mucopolysaccharidosis treatment market, including expansions, agreements, and new product launches.
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