Global Hunter Syndrome Treatment Market Overview:
Hunter syndrome, also called mucopolysaccharidosis II or MPS II, is a very rare, inherited genetic disorder caused by a missing or malfunctioning enzyme. This syndrome is more common in boys and their body doesn't have enough of the enzyme iduronate 2-sulfatase. There is no cure for Hunter Syndrome and treatment involves managing symptoms and complications. The factors such as Increased Prevalence of Hunter Syndrome among Boys and Increasing Awareness about the Availability of Treatment Options for Hunter Syndrome are the key drivers for the global Hunter Syndrome Treatment market. In addition, the Introduction of the Novel Treatment Option for Hunter Syndrome also fueling the market growth. However, the High Cost of Treatment and Non-Availability of a Complete Cure for Hunter Syndrome may hinder the market growth.
As per latest study released by AMA Research, the Global Hunter Syndrome Treatment market is expected to see growth rate of 11.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Introduction of Novel Treatment Option for Hunter Syndrome
Market Growth Drivers:
Increased Prevalence of Hunter Syndrome among Boys and Increasing Awareness about Availability of Treatment Options for Hunter Syndrome
Challenges:
Non-Availability of Complete Cure for Hunter Syndrome
Restraints:
High Cost of the Treatment
Opportunities:
Growth in the Healthcare Industry in Developing Regions and Increasing Research and Development Funding
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are Takeda Pharmaceutical Company (Japan), GC Pharma (South Korea), JCR Pharmaceuticals Co Ltd. (Japan), RegenxBio Inc. (United States), Sangamo Therapeutics, Inc. (United States), ArmaGen Inc. (United States), Inventiva S.A. (France), Denali Therapeutics Inc. (United States), Bioasis Technologies Inc. (Canada) and Esteve (Spain). Analyst at AMA Research see United States Players to retain maximum share of Global Hunter Syndrome Treatment market by 2030. Considering Market by End-user, the sub-segment i.e. Life Science Companies will boost the Hunter Syndrome Treatment market.
Latest Market Insights:
In September 2021, Takeda Pharmaceutical Company Limited and JCR Pharmaceuticals Co., Ltd. announced a geographically-focused exclusive collaboration and license agreement to commercialize JR-141, a next-generation therapy for Hunter Syndrome.
In January 2021, GC Pharma and Clinigen K.K. received Japanese manufacturing and marketing approval for Hunterase ICV (intracerebroventricular) Injection 15 mg for the treatment for mucopolysaccharidosis type II (Hunter syndrome).
What Can be Explored with the Hunter Syndrome Treatment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hunter Syndrome Treatment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hunter Syndrome Treatment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hunter Syndrome Treatment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hunter Syndrome Treatment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Hunter Syndrome Treatment Providers, Emerging Companies, Research Professionals and End-users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.