openPR Logo
Press release

Carglumic Acid Market Estimated to Flourish by 2026

03-28-2018 02:21 PM CET | Health & Medicine

Press release from: Transparency Market Research

Carglumic acid is an orphan drug that is used for treating patients suffering from hyperammonemia, a urea cycle disorder that is caused due to the lack of a certain enzyme in the liver. This also implies deficiency of N-acetylglutamate (NAG) synthase. Carglumic acid helps in detoxification and removal of ammonia from blood cells.

According to a study by Transparency Market Research (TMR), the global market for carglumic acid is likely to witness strong growth. The market is projected to register 7.5% CAGR during the forecast period 2017-2026. It is also estimated to bring in US$ 187.0 million revenue by the end of 2026.

View Report Overview -

http://globenewswire.com/news-release/2017/12/12/1252879/0/en/Carglumic-Acid-Market-Value-to-Reach-US-187-0-Million-by-the-End-of-2026-Transparency-Market-Research.html

Carglumic acid is on the verge of becoming an indispensable tool for managing life-threating metabolic disorders that affect the urea cycle. Carglumic acid is also being used in enhancing ammonia detoxification in patients with organic acidurias. Recently, carglumic acid has also shown potential for anti-tumor activity in breast cancer. Carglumic acid activates caspase 3 which helps in promoting cell apoptosis and also suppress tumor growth. Meanwhile, new formulations are also being developed by leading pharmaceutical companies to effectively treat urea cycle disorders and also to strengthen their product portfolio. In order to prevent brain damage in children, researchers have also combined metabolomics analysis of carglumic acid with genome sequencing.

Request to View Sample Copy of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35954

The report also offers a detailed profile of some of the leading players in the global market for carglumic acid such as Dipharma Francis S.r.l, Recordati S.p.A, and Civentichem, LLC.

The global market for carglumic acid is segmented on the basis of distribution channel, delivery format, and region. On the basis of delivery format, the market segment includes Tablet, for suspension and Tablet, orally disintegrating. Among these, tablet, for suspension is likely to account for maximum revenue share in the global market for carglumic acid between 2017 and 2026.

On the basis of distribution channel, the market is segmented into Hospital Pharmacies. E-Commerce, and Retail Pharmacies. High sales is expected through hospital pharmacies during the forecast period 2017-2026.

North America to Account for the Highest Growth in the Global Carglumic Acid Market

Geographically, the market is segmented into Asia Pacific Excluding Japan (APEJ), Japan, Europe, North America, Latin America, and the Middle East and Africa (MEA). North America is likely to be one of the largest regions in the global market for carglumic acid market. Owing to the Increasing incidence of hyperammonemia in North America, carglumic acid is gaining popularity among the healthcare professionals in the region. Moreover, pharmaceutical companies and the regulatory bodies in the region are also focusing on creating an awareness about carglumic acid, along with its dosage and use. Meanwhile, Europe is also likely to witness significant growth in the global carglumic acid market in the near future. High prevalence of NAGS deficiency among the European population, especially among the newborns. Hence, the demand for effective treatment that can help in pulling high ammonium levels to normal is also increasing. Moreover, Orphan Europe, a leading company in orphan drugs in Europe has developed Carbaglu (carglumic acid). Carbaglu is also the first drug that has been approved by the Food and Drug Administration (FDA) for treating NAGS deficiency.

Enquiry for discount on this report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=35954

More Trending Reports by Transparency Market Research –

Molecular Diagnostics Market - https://globenewswire.com/news-release/2018/02/28/1401254/0/en/Molecular-Diagnostics-Market-is-expected-to-touch-US-18-9-Billion-by-2025-Transparency-Market-Research.html

Sales of Medical Device Technologies Market - https://globenewswire.com/news-release/2018/03/05/1414890/0/en/Sales-of-Medical-Device-Technologies-Market-is-expected-to-attain-a-value-of-US-563-886-5-mn-by-2025.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Carglumic Acid Market Estimated to Flourish by 2026 here

News-ID: 996326 • Views:

More Releases from Transparency Market Research

Paper-based Biofuel Cell Market to Reach USD 580.0 Mn by 2034, Driven by Rising Adoption of Wearable Electronics and Healthcare Applications |TMR
Paper-based Biofuel Cell Market to Reach USD 580.0 Mn by 2034, Driven by Rising …
The global Paper-based Biofuel Cell (PBFC) market is poised for substantial growth over the next decade, with its market value projected to rise from US$ 300.0 million in 2023 to US$ 580.0 million by 2034, reflecting a CAGR of 6.3% during the forecast period 2024-2034. The market is witnessing increased traction due to the expanding adoption of wearable electronic devices, rising prevalence of lifestyle diseases, and ongoing technological innovations in
Parcel Sortation System Market Projected to Reach USD 3.1 Billion by 2034, Driven by Surge in E-Commerce and Adoption of Automated Sorting Robots | TMR
Parcel Sortation System Market Projected to Reach USD 3.1 Billion by 2034, Drive …
The global Parcel Sortation System Market is witnessing steady growth, fueled by the rapid expansion of e-commerce, the rise in online shopping, and increasing adoption of automated parcel sorting robots. Valued at US$ 2.2 billion in 2023, the market is projected to reach US$ 3.1 billion by 2034, expanding at a CAGR of 3.1% during the forecast period from 2024 to 2034. Gain a preview of important insights from our Report
Paresthesia Treatment Market Forecast to Reach USD 8.0 Billion by 2034, Growing at a CAGR of 3.7% | TMR
Paresthesia Treatment Market Forecast to Reach USD 8.0 Billion by 2034, Growing …
The global Paresthesia Treatment Market is poised for steady growth over the forecast period 2024-2034, driven by rising incidence of neurological disorders, technological advancements in treatment modalities, and increasing awareness regarding early diagnosis and intervention. According to the latest industry analysis, the global paresthesia treatment market was valued at US$ 5.4 billion in 2023 and is projected to reach US$ 8.0 billion by 2034, expanding at a CAGR of 3.7%. Gain
Paroxysmal Nocturnal Hemoglobinuria Market Projected to Reach USD 11.7 Billion by 2034, Driven by Biologics and Geriatric Population Growth | TMR
Paroxysmal Nocturnal Hemoglobinuria Market Projected to Reach USD 11.7 Billion b …
The global Paroxysmal Nocturnal Hemoglobinuria (PNH) Market is poised for robust growth over the coming decade. Valued at US$ 3.8 billion in 2023, the market is projected to expand at a CAGR of 10.8% from 2024 to 2034, reaching US$ 11.7 billion by the end of 2034. The rise in geriatric population, coupled with the influx of biologics and advances in therapeutic strategies, is propelling the demand for effective management

All 5 Releases


More Releases for Carglumic

Carglumic Acid Market is Expanding Rapidly with Promising Growth Prospects
Carglumic Acid Market latest research report added by USD Analytics. The Carglumic Acid Market Study has been segmented by key a region that is accelerating the marketization. The report is a great blend of qualitative and quantitative market data that was gathered and evaluated mostly through primary data and secondary sources. This also provides the scope of different segments and applications that can potentially influence the marketplace in the future.
Carglumic Acid Market, Scenario Highlighting Growth and Major Drivers by 2021-20 …
Fact.MR forecasts the global carglumic acid market to grow from US$ 152.5 million in 2023 to US$ 314.4 million in 2033. This represents a CAGR of over 7.5% from 2023 to 2033. The global pharmaceutical and healthcare industry is characterized by constant innovation and the development of new treatment options. One such innovative product that has gained attention in recent years is Carglumic Acid, a medication used in the treatment of
Carglumic Acid Market to Witness Huge Growth by 2028
Carglumic Acid market research report assists different industries to understand customer behavior towards particular product or service launch. It carries out detailed research and provides important market data about consumers. It assists different industries to formulate different strategies for expansion of business and increase the product portfolio in the marketplace. It aims at offering valuable market data to make effective decision. All the significant data provided here covers prediction of
Carglumic Acid Market Analysis, Status and Business Outlook 2017 to 2026
The demand within the global market for carglumic acid has been rising on account of advancements in the pharmaceutical industry, finds Transparency Market Research (TMR). Carglumic acid is used to manufacture several forms of therapeutic tablets, and this is a key standpoint from the perspective of market growth. Read Report Overview - https://www.transparencymarketresearch.com/carglumic-acid-market.html The leading vendors in the global carglumic acid market have set on a spree to tie up with new
Carglumic Acid Market Analysis, Applications, Sale, Growth Insight, Trends By 20 …
LOS ANGELES, UNITED STATE: – The report on the global Carglumic Acid market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It sheds light on key production, revenue, and consumption trends so that players could improve their sales and growth in the Global  Carglumic Acid Market. It offers a detailed analysis of the competition and leading companies of
Carglumic Acid Market Witness Widespread Expansion by 2026
Transparency Market Research (TMR) has compiled a new comprehensive report on the global carglumic acid market for the forecast period 2017 to 2026. The report offers insightful forecasts on global carglumic acid market, and has examined the market in detail, providing key market dynamics inclusively. In addition to the provision of intelligence on latest trends, restraining factors, and fostering factors affecting the market expansion, the report includes analysis on data