Press release
Advanced Therapy Medicinal Products Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
Rising incidences of Alzheimer’s is expected to foster the growth of advanced therapy medicinal products market
The factors that are contributing the growth of advanced therapy medicinal products market are rising prevalence of Alzheimer’s disease. According to Alzheimer’s disease International in 2017, around 50 million people were estimated to suffer from Alzheimer’s disease across the globe. Furthermore, rising demand for gene therapies used in the treatment of ocular, neurodegenerative diseases, and several cancers accompanied by technological advancements in genetic engineering tool such as RNAi are the factors that are expected to boost the growth of advanced therapy medicinal products market. However, the factors that are hindering the growth of advanced medicinal therapy products market are inadequate transparency, lack of funds, and regulatory guidance for biopharmaceutical companies to manufacture these therapies and products.
Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/1101
Advanced Therapy Medicinal Products Market Taxonomy:
Advanced therapy medicinal products are segmented on the basis of therapy, diseases, and geography
On the basis of products, the global advanced therapy medicinal products market are segmented into:
-Somatic Cell Therapy Medicinal Products
-Tissue Engineered Medicinal Products
-Gene Therapy Medicinal Products
On the basis of diseases, the global advanced therapy medicinal products market are segmented into:
-Alzheimer’s
-Cystic Fibrosis
-Muscular Dystrophies
-Hemophilia
On the basis of geography, the global advanced medicinal therapy products are segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global advanced medicinal therapy products market, owing to the development in the field of cell and gene therapy. For instance, the innovative gene therapy known as CAR-T or chimeric antigen receptor T-cell therapy harnesses the body’s own immune cells to recognize and attack malignant cells. The T-cells are harvested and modified with a new gene. The new gene contains a protein that directs the T-cells to target and kill leukemia cells that have a specific antigen on the surface. Moreover, Food and Drug Administration (FDA) approved first gene therapy in the U.S. in 2017, leading a new approach to the treatment of cancer and other serious and life-threatening diseases. Moreover, Kymriah a cell based gene therapy has also been approved by FDA in 2017 in the U.S. for the treatment of patients with a form of acute lymphoblastic leukemia. Furthermore, Asia Pacific is expected to be the fastest growing region for the global advanced therapy medicinal products market mainly due to rising number of skin burns cases and cancer diseases.
Click here to know more about this report: https://www.coherentmarketinsights.com/ongoing-insight/advanced-therapy-medicinal-products-market-1101
Strategic acquisitions by Pfizer to develop gene therapies for the treatment of neuromuscular conditions to enhance the competitive environment
The key players operating the advanced therapy medicinal products market include Uniqure, Pfizer, Bluebird Bio Inc., BioMarin Pharmaceutical, Novartis AG, GE Healthcare, Shire Biotechnology, and Kite Pharma. The key players are focusing on strategic mergers and acquisition and development of innovative products. For instance, Pfizer acquired Bamboo Therapeutics, a biotechnology company focused on developing gene therapies for the treatment of patients with diseases related to neuromuscular conditions and the diseases affecting central nervous system. The acquisition is expected to significantly expand Pfizer’s expertise in gene therapy by providing clinical and pre-clinical assets to balance the rare disease portfolio of company with advanced recombinant Adeno Associated Virus vector design and production technology, which is fully functional phase I/II gene therapy with manufacturing facilities.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit our news Website: http://www.coherentchronicle.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Advanced Therapy Medicinal Products Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025 here
News-ID: 947098 • Views: …
More Releases from Pharmaceutical Report By CMI
Rising prevalence of diabetes is a major factor driving growth of the diabetic f …
Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which might lead to amputation of the leg. Mortality due to diabetic foot ulcers is high and chances of recurrence of cured foot ulcers is also high and this in turn leads to increasing demand for proper treatment of diabetic foot ulcers. Diabetic foot ulcer is caused due to neuropathic and vascular changes in the…
Glucagon-Like Peptide-1 (Glp-1) Analogs Market Global Industry Insights, Trends, …
Glucagon-like peptide-1 (GLP-1) analogs also known as incretin mimetics are class of drugs indicated for type-2 diabetes mellitus to lower the blood sugar level. GLP-1 analogs prevents the breakdown of GLP-1, thereby enhancing the glucose depended insulin release, suppresses the glucagon release (which reduces hepatic glucose output), and reduces gastric emptying rate (resulting in weight loss from reduced appetite). GLP-1 analogs do not cause hypoglycemia like other class of anti-diabetic…
Multiple Sclerosis Therapeutics Market to Surpass US$ 24.4 Billion by 2025
Increasing prevalence of multiple sclerosis to augment market growth
Multiple sclerosis is a widespread disabling neurological condition, mostly diagnosed in people in the age group 20–50 years. According to the Multiple Sclerosis Foundation, 2017, this autoimmune condition affects 2.5 million people with the global incidence of around 7 cases per 100,000 people per year. The study also states that prevalence rates varies between ethnic and geographical latitudes, ranging from 50 to…
Diabetic Foot Ulcers Treatment Market to Surpass US$ 9.49 Billion Threshold by 2 …
Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which might lead to amputation of the leg. Mortality due to diabetic foot ulcers is high and chances of recurrence of cured foot ulcers is also high and this in turn leads to increasing demand for proper treatment of diabetic foot ulcers. Diabetic foot ulcer is caused due to neuropathic and vascular changes in the…
More Releases for Medicinal
Medicinal Fungi Market 2022 | Detailed Report
The Medicinal Fungi market study is an in-depth analysis covering several elements critical to the growth and dynamics of the market. The important facts and data provided in the Medicinal Fungi market study for the estimated forecast period. It also, serve as a useful resource for consumers seeking guidance in making decisions to strengthen their current market position or enter the industry. The global Medicinal Fungi market is segmented into…
Changing Purchasing Patterns Of Consumers Towards Medicinal Food Is Likely To Bo …
Medicinal mushrooms are mushrooms that are grown for their high nutritional profile of antioxidants, proteins, amino acids, and vitamins. Medicinal mushrooms are native to Asia and are grown there on a large scale. Medicinal mushrooms are known for their remedies for colds, seasonal allergies, relief from asthma and bronchitis, inflammation, and for improving nervous system function.
As consumers become more interested in health food products, particularly in Europe and North America,…
Virtual reality to replace medicinal painkillers
Virtual Reality (VR) technology may be a pathway to minimize chronic pain. The USA is facing its worst ever drug epidemic with more than 16, 000 deaths recorded in 2015, mainly due to opioid overdoses.
US researchers are now exploring VR as an alternative solution to minimize pain. In a trial group, VR medical therapies helped reduce pain by 60–75% after 60 sessions.
Can VR technology provide an alternative to addictive pain…
Global Summit on Medicinal Chemistry 2018
On behalf of Medicinal Chemistry 2018 Organizing Committee, we are pleased to invite Chairperson, Director/ Dean, Associate Professors, professors, PhD students and post graduates of Chemistry, Pharmaceuticals, Biology and Physical Sciences, Chemical Biology, Analytical Chemistry, Nano Science, and related fields., Teachers, Business delegates and Young researchers across the world to attend Global Summit on Medicinal Chemistry which is to be held on July 30-31, 2018 at Amsterdam, Netherlands. The conference…
Global Summit on Medicinal Chemistry 2018
On behalf of Medicinal Chemistry 2018 Organizing Committee, we are pleased to invite Chairperson, Director/ Dean, Associate Professors, professors, PhD students and post graduates of Chemistry, Pharmaceuticals, Biology and Physical Sciences, Chemical Biology, Analytical Chemistry, Nano Science, and related fields., Teachers, Business delegates and Young researchers across the world to attend Global Summit on Medicinal Chemistry which is to be held on July 30-31, 2018 at Amsterdam, Netherlands. The conference…
Medicinal Cannabis Market
Medicinal cannabis , also known as medicinal marijuana, is used either to treat disease or improve symptoms. Cannabis has been considered to be a major source of drug addiction. Extract from the dried flower bud part of the plant called as Marijuana has certain medicinal properties. The two cannabinoids - delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD) are being used in treatment of certain disease or health conditions such as pain, blood…
