Hunter Syndrome Treatment Market Outlook
According to the report by Expert Market Research (EMR), the global hunter syndrome treatment market growth, is projected to grow at a CAGR of 6.30% between 2023 and 2028. Aided by the escalating demand for effective treatments and the growing prevalence of the rare genetic disorder, the market is expected to grow significantly by 2028.
Hunter Syndrome, also known as Mucopolysaccharidosis II (MPS II), is a rare genetic disorder affecting primarily males. It’s characterized by the body’s inability to break down specific mucopolysaccharides, resulting in their build-up in various tissues, causing progressive damage. The primary treatment modalities include enzyme replacement therapy (ERT) and symptom management, with advancements being made in gene therapy and hematopoietic stem cell transplantation (HSCT).
The rising global prevalence of Hunter Syndrome is one of the key drivers propelling the global hunter syndrome treatment market growth. With the increased accessibility of genetic testing and greater awareness among healthcare providers, more cases of this rare disorder are being diagnosed, leading to a growing demand for effective treatments. Additionally, the mounting support for rare disease research and orphan drug development from regulatory bodies has contributed to the expansion of this market.
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The broadening scope of treatment modalities for Hunter Syndrome is another crucial factor propelling the market. Enzyme replacement therapy, primarily using idursulfase (Elaprase), is currently the standard of care, providing significant improvement in patients’ physical endurance and organ function. Simultaneously, progress in gene therapy research and HSCT offer promising potential treatments that may further bolster the hunter syndrome treatment market expansion.
Moreover, the pharmaceutical industry is increasingly focusing on Hunter Syndrome due to its orphan drug status, which offers benefits such as market exclusivity, tax credits, and waived regulatory fees. This has led to an increased investment in research and development, resulting in a robust pipeline of potential therapies that may transform the treatment landscape for Hunter Syndrome.
Furthermore, the growing adoption of new-born screening programs worldwide will likely result in earlier diagnosis of Hunter Syndrome, leading to earlier treatment initiation and potentially better outcomes. This, in turn, will boost the demand for effective treatments and drive market growth.
Hunter Syndrome Treatment Market Segmentation
The market can be divided based on treatment type, complications, route of administration, end use, distribution channel, and region.
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Market Breakup by Treatment Type
- Enzyme Replacement Therapy (ERT)
- Elaprase + Tak-609
- Haematopoietic Stem Cell Transplant (HSCT)
- Umbilical Cord Transplant
- Bone Marrow Transplant
Market Breakup by Complications
- Respiratory Disorders
- Neurological Disorders
- Gastrointestinal Disorders
Market Breakup by Route of Administration
- Intracerebroventricular (ICV)/ Intrathecal
Market Breakup by End Use
- Speciality Clinics
Market Breakup by Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global hunter syndrome treatment companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Denali Therapeutics Inc.
- ArmaGen, Inc.
- Sangamo Therapeutics Inc.
- CANbridge Life Sciences Ltd.
- REGENXBIO Inc.
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