According to the โLysosomal Disease Treatment Market: Global Opportunity Analysis and Industry Forecast, 2019โ2026โ report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contains in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.
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Lysosomal diseases, also known as lysosomal storage disorders (LSD), are genetic metabolic disorders caused by enzyme deficiency in lysosomes. The lysosome is inside the cell and helps break down cell substances, thus speeding up reactions in the body. Absence of lysosomal enzymes in the body causes lysosomal disorder, which produces toxic substances, which cause damage to body organs. About 50 types of lysosomal storage disorders are prevalent worldwide. It affects various parts of the body such as skin, heart, brain, skeleton and central nervous system. Symptoms of lysosomal disorders can vary such as age of onset, delay in treatment, and others. LSD sufferers develop enlarged liver or spleen, lung and heart problems, and abnormal bone growth. Moreover, these symptoms are progressive over time.
Factors such as allotment of orphan drug status to drugs used for the treatment of lysosomal disorders are expected to drive significant growth in the lysosomal disease treatment market over the forecast period. Furthermore, increasing awareness related to early diagnosis of lysosomal diseases is another major factor contributing to the growth of the lysosomal disease treatment market.
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Increase in newborn screening for lysosomal diseases is driving the market growth. However, changes in pay policy and lack of skills and knowledge about the nature of the disease are major issues that hamper the market growth. Conversely, new treatment options available to treat lysosomal disorders such as gene therapy are expected to provide lucrative opportunities for market expansion over the forecast period.
The global lysosomal disease treatment market is segmented based on disease type, therapeutics, route of administration, end user, and region. Depending on disease types, the market is divided into gauchers diseases, fabry diseases, pompes syndrome, mucopolysaccharidosis, aspartylglucosaminuria, batten disease, cystinosis, glycogen storage disease II, tay-sachs disease, and others. On basis of therapy, it is categorized into hematopoietic stem cell transplantation, enzyme replacement therapy, substrate reduction, and chaperone therapies. By route of administration, it is bifurcated into intravenous and oral. As per end user, it is fragmented into hospitals, clinics, stem transplant center, research organizations, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain Italy, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).
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Key Market Players
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