DiGeorge Syndrome Drug Market Business Growth, Investment Opportunities, Demand and Forecasts to 2029
Research Nester released a report titled “DiGeorge Syndrome Drug Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the DiGeorge syndrome drug market in terms of market segmentation by therapy type, route of administration, end-user, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, along with detailed discussion on current
and future market trends that are associated with the growth of the market.
The
DiGeorge
syndrome drug market is expected to witness growth
at a substantial CAGR during the forecast period i.e., 2021-2029 on the back of
growing prevalence of the genetic disorder and need for a specific cure for the
disease. Moreover, the development of newer drugs backed by the increasing
R&D activities in this direction, is projected to significantly promote the
market growth throughout the forecast period. The current treatment methods
focus on the symptoms caused by the disorder, which include symptoms, such as,
congenital heart disease, delay in learning and development, autism spectrum
disorder (ASD), psychotic disorders, anxiety and depression, and cleft palate. These
symptoms can be different for different patients, which generates the need for
adopting targeted and specific treatment method for each patient, which is
estimated to boost the market growth by the end of 2029.
The
DiGeorge syndrome drug market is segmented by therapy type, into regenerative
medicine advanced therapy and hormone replacement therapy. Based on the route
of administration, the market is bifurcated into oral and injectable
administration, out of which, the oral administration segment is expected to
hold a major market share during the forecast period as it does not require any
medical professional and is convenient to intake, as compared to injectable
administration. On the basis of end users, the market is branched into
hospitals, homecare, speciality clinics, and others. Among these, the speciality
clinic segment is projected to hold a significant share by the end of 2029,
owing to the focused treatment and specialized facilities, which are flexible
according to the symptoms and needs of the patients.
On
the basis of region, the global DiGeorge syndrome drug market is segmented into
five major regions- North America, Europe, Asia Pacific, Latin America, and the
Middle East & Africa region. Out of these regions, the market in the North
America is expected to hold a major share and garner significant revenue in the
market during the forecast period owing to the rising prevalence of the genetic
disorder in the region. One out of every
3000 to 6000 new-born child suffers from DiGeorge syndrome in the U.S., the
occurrence of this disorder is almost equal between both the genders.
Moreover, growing medical advancements along with increased investments in
medical R&D activities and improvement in healthcare infrastructure is
anticipated to drive the market growth. The market in the Asia Pacific is
anticipated to witness notable growth owing to growing awareness regarding
DiGeorge syndrome along with developing public healthcare sector.
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Increase in Research and Development Activities in Medical Science to Drive the Market Growth
The DiGeorge syndrome
drugs market is subjected to immense research owing to the lack of information
on the causes of DiGeorge syndrome, which is expected to drive the market
growth. Moreover, constant research activities to discover more effective
treatment drugs and novel treatment approach to cure the disease, is further
expected to boost the market growth. Additionally, support
from the government in the form of grants and funding towards medical R&D
is another factor that contributes towards the growth of the DiGeorge syndrome
drug market.
However,
factors such as the high cost of drugs and introduction of general drugs in the
market are expected to operate as a key restraint in the growth of the DiGeorge
syndrome drug market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the DiGeorge syndrome drug market which includes company profiling
of F. Hoffmann-La Roche Ltd (SWX: RO), Pfizer Inc. (NYSE: PFE), Cerecor, Inc.
(NASDAQ: CERC), Bausch Health Companies Inc. (NYSE: BHC), Natera, Inc (NASDAQ:
NTRA), Boehringer Ingelheim International GmbH, AbbVie Inc. (NYSE: ABBV), Amgen
Inc. (NASDAQ: AMGN), Novartis AG (SWX: NOVN), and Progenity, Inc. (NASDAQ:
PROG). The profiling enfolds key information of the companies which encompasses
business overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global DiGeorge
syndrome drug market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the future.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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