Targeted Therapies for Sandhoff Disease | Assessing the Global Market Landscape
According to the most recent studies, Sandhoff sickness is a rare disorder that affects 1 in 1,000,000 people. The rising demand for these medications is projected to spur the discovery of novel therapies, propelling the market forward in the coming years.
Gene therapy is being investigated as a potential treatment for Sandhoff disease. The therapy restores the ability to break down GM2 ganglioside by delivering a functional copy of the missing enzyme into the patient's cells. This has the potential to reduce or stop disease progression while also improving patient quality of life.
Key Takeaways from the Market Study
- The Sandhoff Disease Therapeutics market increased at a 4% CAGR from 2018 to 2022.
- From 2023 to 2033, the global Sandhoff Disease Therapeutics market is predicted to increase at a 6% CAGR.
- Sandhoff Disease Therapeutics Market is anticipated to be worth US$ 17.91 million by 2033.
- Hospitals have the biggest market share, according to an FMI analysis.
- The North American Sandhoff Disease Therapeutics market is estimated to account for 40% of the total.
- The Asia Pacific market is likely to grow fast over the forecast period, accounting for 20% of the total.
Market Competition
Key players in the market include pharmaceutical companies such as Bioasis Technologies Inc, Nuo Therapeutics Inc, Sio Gene Therapies, Inc., INTRABIO IRELAND LIMITED, Sanofi, ROIVANT SCIENCES LTD, Azafaros, Polaryx Therapeutics, Abbott Medtronic, and Merck & Co., Inc. along with healthcare providers and technology companies among other global players.
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Key Segments Profiled in the Sandhoff Disease Therapeutics Industry Survey
Therapy:
- Gene Therapy
- Enzyme Replacement Therapy
- Stem Cell Therapy
Type:
- Acute infantile Sandhoff disease
- Subacute juvenile Sandhoff disease
- Late-onset Sandhoff disease
End-Users:
- Hospitals
- Homecare
- Specialty Clinics
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