Press release
Global Gaucher's Disease Market to Reach $2.21 Billion by 2029, Growing at 5.6% CAGR
What combination of drivers is leading to accelerated growth in the gaucher's disease market?The growth of the Gaucher's disease market is anticipated to be fueled by the escalating incidence of genetic abnormalities. These abnormalities represent changes or mutations in a person's DNA sequence, potentially leading to unusual features or functions. Gaucher's disease, an autosomal recessive disorder, requires an individual to inherit two mutated GBA gene copies, one each from mother and father, to manifest the disease. Those affected by Gaucher's disease can't produce enough of a certain enzyme, causing a lipid build-up in various organs such as the liver and spleen. The Cystic Fibrosis Foundation, for example, reported that the number of people affected by Cystic Fibrosis without a lung transplant increased from 31,171 in 2022 to 31,752 in 2023. Consequently, the increasing presence of genetic abnormalities is facilitating the growth of the Gaucher's disease market. The surge in the number of clinical trials is projected to drive the expansion of the Gaucher's disease market in the coming years. Clinical trials are research studies involving human subjects to ascertain the safety and effectiveness of innovative medical treatments, drugs or devices. An increase in clinical trials for Gaucher's disease could bring about treatment breakthroughs, enhanced understanding of the disease, better diagnostic and screening methods, and prospects for personalized medicine, offering greater hope to patients. As reported by Xtalks, a Canada-based firm offering life science webinars and virtual events, as of May 17, 2023, there were 452,604 clinical studies registered on ClinicalTrials.gov. Of these, 64,838 studies are actively recruiting participants, marking a rise from 365,000 registered trials in 2021. Therefore, the rising count of clinical trials is anticipated to catalyze the growth of the Gaucher's disease market.
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What is the projected compound annual growth rate (CAGR) of the gaucher's disease market from 2025 to 2034, and what factors influence it?
In the past few years, the market size for Gaucher's disease has seen significant growth. It is estimated to increase from $1.68 billion in 2024 to about $1.78 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this progress during the historical period include advances in enzyme replacement therapy (ERT), enhanced awareness of the disease, advances in genetic research and diagnostics, initiatives for patient advocacy, and government incentives for tackling rare diseases.
In the subsequent years, a robust growth is anticipated in the size of the Gaucher's disease market. Predicted to multiply to $2.21 billion in 2029, a compound annual growth rate (CAGR) of 5.6% is expected. The surge in the forecast period can be ascribed to the emergence of next-generation therapies, the broadening of the global patient registry, enhanced accessibility to treatment, the advent of personalised medicine strategies, and regulatory backing for rare diseases. Noteworthy trends during the prediction period encompass technological breakthroughs in treatment monitoring, international research partnerships, advances in oral therapeutics, widened newborn screening programs, and worldwide collaboration for patient access.
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What trends are poised to drive the future success of the gaucher's disease market?
Key players in the Gaucher disease market are focusing on the deployment of new technologies like NGS (next-generation sequencing) to provide better patient care. Essentially, next-generation sequencing, also known as high-throughput sequencing, is an innovative method that ensures quicker and more cost-effective sequencing of DNA and RNA molecules. For example, in February 2023, Eurofins Genomics LLC, a biotech firm from the US, launched a service for whole plasmid sequencing, utilizing an upgraded Gen3 NGS technology. This groundbreaking service offers quick same-day results with an impressive single-base accuracy up to 99%. By cleverly combining the accuracy and quick turnaround of Sanger sequencing with the comprehensive analytical capability of NGS, it effectively bridges the divide between these two methods. The service accepts long DNA constructs ranging from 2.5 to 300 kb. Eurofins Genomics US is pioneering this new approach by offering researchers a cost-effective and time-saving solution for long-read sequencing, that perfectly combines accuracy and speed in the field of genetic analysis.
Groundbreaking AAV Gene Therapy Enhances Treatment Options For Gaucher Disease Type 1
Leading companies in the Gaucher disease market are putting emphasis on the production of innovative offerings like AAV gene therapy which can greatly transform the therapy, providing a one-time treatment for Gaucher disease Type 1. AAV gene therapy involves the use of AAV vectors to transfer healing genes to cells to correct mutations that lead to diseases. For instance, in January 2022, Freeline Therapeutics Holdings plc, a biotech company from the UK, declared that the US FDA approved FLT201 for Gaucher Disease Type 1. FLT201 uses a sophisticated AAVS3 capsid with a liver-specific promoter to convey a new glucocerebrosidase variant (GCasevar85). This FDA-approved IND is the first-ever AAV-mediated gene therapy to enter clinical trials for Gaucher disease Type 1, showing its potential to provide unique therapeutic alternatives for patients.
What are the major segments of the gaucher's disease market and their role in driving growth?
The gaucher's disease market covered in this report is segmented -
1) By Type: Gaucher Disease Type 1, Gaucher Disease Type 2, Gaucher Disease Type 3, Other Types
2) By Diagnosis: Physical Exam, Blood Tests, Imaging Tests, Preconception Screening And Prenatal Testing, Other Diagnoses
3) By Therapy: Enzyme Replacement Therapy, Substrate Reduction Therapy
4) By Route Of Administration: Oral, Parenteral, Other Routes Of Administration
5) By End User: Hospitals, Specialty Clinics, Homecare, Other End Users
Subsegments:
1) By Gaucher Disease Type 1: Enzyme Replacement Therapy (ERT), Substrate Reduction Therapy (SRT)
2) By Gaucher Disease Type 2: Supportive Care, Experimental Therapies
3) By Gaucher Disease Type 3: Enzyme Replacement Therapy (ERT), Symptomatic Management
4) By Other Types: Rare Variants Of Gaucher Disease, Related Syndromes
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Which regions are key players in the growth of the gaucher's disease market?
North America was the largest region in the Gaucher's disease market in 2024. Europe is expected to be the fastest growing region in the forecast period. The regions covered in the gaucher's disease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the gaucher's disease market?
Major companies operating in the gaucher's disease market report are Pfizer Inc., Johnson & Johnson, Merck and Co. Inc., Novartis AG, Sanofi S.A., Abbott Laboratories, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Moderna Inc., Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH, BioMarin Pharmaceutical Inc., CHIESI Farmaceutici SPA, IntraBio Inc., REGENXBIO Inc., JCR Pharmaceuticals Co. Ltd., Ultragenyx Pharmaceutical Inc., Amicus Therapeutics Inc., Pharming Group N.V., Idorsia Pharmaceuticals Ltd., Centogene N.V., Protalix BioTherapeutics, AVROBIO Inc., Resverlogix Corp., GenSight Biologics S.A., ISU Abxis Co. Ltd., SIRION BIOTECH GmbH, Greenovation Biotech GmbH, Orphazyme A/S
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What Is Covered In The Gaucher's Disease Global Market Report?
• Market Size Forecast: Examine the gaucher's disease market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the gaucher's disease market for a structured understanding.
• Key Players Overview: Analyze major players in the gaucher's disease market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gaucher's disease market.
• Segment Contributions: Evaluate how different segments drive overall growth in the gaucher's disease market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gaucher's disease market.
• Industry Challenges: Identify potential risks and obstacles affecting the gaucher's disease market.
• Competitive Landscape: Review strategic developments in the gaucher's disease market, including expansions, agreements, and new product launches.
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Further, the market is segmented based on the applications, types and Geography area such as
Gaucher Disease Market, by Types:
Enzyme Replacement Therapy
Substrate Reduction Therapy
Gaucher Disease Market, by Applications:
Non-Neuronopathic Gaucher Disease
Neuronopathic Gaucher Disease
Geographically,…