According to a new report published by Allied Market Research, titled, โOrnithine Transcarbamylase Deficiency Treatment Market: Global Opportunity Analysis and Industry Forecast, 2021-2030โ Ornithine transcarbamylase deficiency is a genetic disease causing ammonia accumulation in the blood. It is identified by a complete or partial lack of the enzyme called ornithine transcarbamylase in the patient’s body. This enzyme helps in the removal of nitrogen from the body. The lack of it causes excessive nitrogen accumulation in the form of ammonia in the blood. The major symptoms of ornithine transcarbamylase deficiency include vomiting, refusal to eat, lethargy, and even coma.
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COVID-19 Impact Analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.
In addition, the market growth of pharmaceuticals is declining as the manufacturers of drugs have slowed down their production due to the pandemic. This, in turn, is expected to have a significant impact on the ornithine transcarbamylase deficiency treatment market.
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Ornithine transcarbamylase deficiency poses higher risks to COVID-19 patients. This condition has led to prior comorbidities in such patients. Alarming increase in cases of COVID-19 in patients along with ornithine transcarbamylase deficiency is acting as a key driver of the market.
A significant number of sudden infant death syndrome (SIDS) are known to be associated with ornithine transcarbamylase deficiency. This factor is boosting the growth of the ornithine transcarbamylase deficiency treatment market.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the ornithine transcarbamylase deficiency treatment industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the ornithine transcarbamylase deficiency treatment market share.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the ornithine transcarbamylase deficiency treatment market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the ornithine transcarbamylase deficiency treatment market.
- The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.
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Key Market Players
- Acer Therapeutics
- Abbott Laboratories
- Arcturus Therapeutics, Inc.
- Nutricia
- Ultragenyx Pharmaceutical, Inc,
- Mead Johnson
- Bausch Health Companies, Inc.,
- Horizon Therapeutics, Plc
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Questions Answered in the Report
- Which are the leading players active in the ornithine transcarbamylase deficiency treatment market?
- How is each segment of the market expected to grow during the forecast period?
- What are the adoption trends for the ornithine transcarbamylase deficiency treatment in emerging economies and established economies across the world?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the ornithine transcarbamylase deficiency treatment market?
- What future projections would help in taking further strategic steps in the market?
- What are the impacts of COVID-19 on the industry?
- What is ornithine transcarbamylase deficiency?
- What are the current and predicted trends of the market?
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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