Global Familial Adenomatous Polyposis Treatment Market Overview:
Familial adenomatous polyposis (FAP) is a rare, genetic condition in which a person develops several precancerous polyps called adenomas in the large intestine (colon and rectum). Therefore, surgery would avoid the development of colon cancer. The risk for the development of other cancers continuously increasing, sustained medical follow-up is vital with a number of surveillance tests, as colectomy would only discourse the potential risk of colon cancer. Familial adenomatous polyposis occurs in 1 in 8,000 to 14,000 people. Polyps are present in 50% of patients by age 15 years, and 95% by age 35 years and cancer grows before age 40 in nearly all untreated patients.
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:
Growing Chemotherapeutic Regimens and Generics Treatments
Market Growth Drivers:
Increasing Adoption of anti-PD1 drugs and Growing Efficiency Avastin Therapy
Challenges:
Increasing Age the Polyps Get Larger and More Problematic
Restraints:
High Cost of Treatment
Opportunities:
Rising Awareness about Early Screening and Diagnosis and Improving Healthcare Services
Competitive Landscape:
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Some of the key players profiled in the report are Mayo Clinic (United States), Johns Hopkins Medicine (United States), Stanford Medicine (United States), St. Jude Children's Research Hospital (United States) and Cleveland Clinic (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Familial Adenomatous Polyposis Treatment market by 2030. Considering Market by Familial Adenomatous Polyposis Type, the sub-segment i.e. Gardner syndrome will boost the Familial Adenomatous Polyposis Treatment market. Considering Market by Treatment, the sub-segment i.e. Surgery to Remove Polyps or Growths will boost the Familial Adenomatous Polyposis Treatment market.
Latest Market Insights:
In September 2023, Moderna and The Michael J. Fox Foundation Partner to Develop Gene Therapy for FAP, this partnership focuses on advancing the development of mRNA-based gene therapy for FAP patients with specific APC mutations.
In October 2023, Exact Sciences and Cologenix enter into a strategic partnership, this collaboration aims to develop and commercialize Cologenix's investigational gene therapy, COG500, for FAP patients with high-risk APC mutations.
What Can be Explored with the Familial Adenomatous Polyposis Treatment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Familial Adenomatous Polyposis Treatment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Familial Adenomatous Polyposis 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 Familial Adenomatous Polyposis 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 Familial Adenomatous Polyposis 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 Healthcare Institutes, Industry Association, Downstream Vendors, Government Bodies, Business Research and consulting Firms and Others.
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.