About Pendred Syndrome
Pendred syndrome is passed down through the generations in an autosomal recessive pattern. Pendred syndrome is a hereditary disorder that causes hearing loss in children at a young age. It can also affect the thyroid gland, which might cause troubles with balance from time to time. Vaughan Pendred, the medical expert who first identified persons with the illness, is the name of the syndrome. Pendred syndrome is defined by a combination of sensorineural hearing loss and thyroid goitre, with or without hypothyroidism.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Pendred Syndrome market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Demant (Denmark), Nurotron Biotechnology (China), GN Store Nord (Denmark), Audina Hearing Instruments (United States), Rion (Japan), Starkey (United States), Nobel Pharma (Japan), Sensorion (France), MED-EL (Austria), Cochlear (Australia) and Sonova (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Amplifon (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Pendred Syndrome market by Type (sensorineural hearing loss,, conductive hearing loss and mixed hearing loss), Application (hearing aids for children with the condition.) and Region.
On the basis of geography, the market of Pendred Syndrome has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Radioactive Iodine will boost the Pendred Syndrome market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Adminstration, the sub-segment i.e. Implantation will boost the Pendred Syndrome market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis Test, the sub-segment i.e. Genetic Testing will boost the Pendred Syndrome market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Specialty Clinics will boost the Pendred Syndrome market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in the R & D and Technological Advancements
Market Growth Drivers:
Rise in Prevalence of Pendred Syndrome
Challenges:
Long Time Associated with the Launch of Treatment and Diagnostic Products
Restraints:
Complications Associated with Treatments of Pendred Syndrome
Opportunities:
Demand for COVID-19 Diagnostic tests or Kits
Market Leaders and their expansionary development strategies
In July 2019, Nobelpharma Co., Ltd in collaboration with Keio University is developing Rapalimus (formally known as NPC-12), for the treatment of Pendred syndrome. Rapalimus is in phase I/IIa clinical trial. If trial successful, it will be first ever approved drug for the treatment of Pendred syndrome.
Key Target Audience
Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.