Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1175.86 Million | USD 2,331.03 Million | 7.9% | 2023 |
The global hunter syndrome treatment market size accrued earnings worth approximately USD 1175.86 Million in 2023 and is predicted to gain revenue of about USD 2,331.03 Million by 2032, is set to record a CAGR of nearly 7.9% over the period from 2024 to 2032.
Hunter syndrome is an uncommon hereditary genetic condition resulting from the absence or dysfunction of the enzyme iduronate-2-sulfatase. The body has impaired ability to metabolize or hydrolyze sugar molecules. Accumulation of these chemicals in organs and tissues can lead to significant harm, impacting both physical and mental growth and capabilities. The condition frequently manifests in males. The illness belongs to a category of genetic metabolic disorders called mucopolysaccharidosis (MPS).
The report analyzes the global hunter syndrome treatment market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the global hunter-syndrome treatment industry.
The report covers forecasts and analyses for the Hunter syndrome treatment market on a global and regional level. The study provides historic data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the Hunter syndrome treatment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the hunter syndrome treatment market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the hunter syndrome treatment market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global demand for the Hunter syndrome treatment market is driven by the expected approval of new therapies, growing research and development activities, and extended life expectancy. However, lack of awareness and high cost may act as restraining factors for the market growth in the coming years. Increasing collaboration and technological advancements are projected to bring new growth avenues for market players during the forecast timeframe.
The report provides a company market share analysis in order to give a broader overview of the key players in the hunter syndrome treatment market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new indication launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the hunter syndrome treatment market on a global and regional basis.
The study provides a crucial view of the Hunter syndrome treatment by segmenting the market based on treatment and region. All the segments of the Hunter syndrome treatment market have been analyzed based on present and future trends and the market is estimated from 2018 to 2032.
Hunter syndrome is an uncommon hereditary genetic condition resulting from the absence or dysfunction of the enzyme iduronate-2-sulfatase. The body has impaired ability to metabolize or hydrolyze sugar molecules. Accumulation of these chemicals in organs and tissues can lead to significant harm, impacting both physical and mental growth and capabilities. The condition frequently manifests in males. The illness belongs to a category of genetic metabolic disorders called mucopolysaccharidosis (MPS).
Based on treatment, the global Hunter syndrome treatment market is segmented into Hematopoietic Stem Cell Transplant (HSCT), Enzyme Replacement Therapy (ERT), and others. The market was dominated by the Enzyme Replacement Therapy (ERT) segment in 2023 and is projected to retain its dominance over the forecast timeframe.
Report Attributes | Report Details |
---|---|
Report Name | Hunter Syndrome Treatment Market Research Report |
Market Size in 2023 | USD 1175.86 Million |
Market Forecast in 2032 | USD 2,331.03 Million |
Growth Rate | CAGR of 8.2% |
Number of Pages | 207 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | GC Pharma, Takeda Pharmaceutical Company, RegenxBio Inc., JCR Pharmaceuticals Co Ltd., Sangamo Therapeutics, Inc., Inventiva S.A., ArmaGen Inc, Esteve, Bioasis Technologies Inc., Denali Therapeutics Inc among others. |
Segments Covered | By Treatment, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America held the largest revenue share of the global hunter syndrome treatment market in 2023. This large share is attributed to government funding, growing awareness, and the presence of key players in this region. Europe was second leading regional market in terms of revenue. Availability of developed infrastructure, increasing geriatric population, and growing awareness are major factors that support market growth in this region.
Asia Pacific region is projected to be a rapidly growing regional market for hunter syndrome treatment. Increasing chronic disease prevalence and geriatric population base, economic development, improvement of healthcare infrastructure, and growing awareness are major factors attributing to the swift growth in this region. Moderate growth is projected in the Latin America region over the forecast period. Middle East and Africa will witness sluggish growth in the coming years.
Major players in the Hunter syndrome treatment market are
By Market: Treatment
Severity
By Complications
By Distribution Channel
By End-Users
Global Hunter Syndrome Treatment Market: By Region
FrequentlyAsked Questions
Hunter syndrome, commonly known as mucopolysaccharidosis II (MPS II), is a rare genetic condition characterized by iduronate-2-sulfatase deficiency. This deficit causes glycosaminoglycans to accumulate in cells, creating a variety of progressive and debilitating symptoms.
The global demand for hunter syndrome treatment market is driven by expected approval of new therapies, growing research and development activities, and extended life expectancy.
Global Hunter Syndrome Treatment market size earned around $1175.86 Mn in 2023 and is expected to reach $2,331.03 Mn by 2032, with a projected CAGR of 7.9%.
North America held largest revenue share of the global hunter syndrome treatment market in 2023. This large share is attributed to government funding, growing awareness and presence of key players in this region.
Major players in hunter syndrome treatment market are GC Pharma, Takeda Pharmaceutical Company, RegenxBio Inc., JCR Pharmaceuticals Co Ltd., Sangamo Therapeutics, Inc., Inventiva S.A., ArmaGen Inc, Esteve, Bioasis Technologies Inc., and Denali Therapeutics Inc among others.
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