(MENAFN- America News Hour) 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.” Download/Request Sample Copy of Strategic Report:
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