Global Hyperoxaluria Drug Market 2020 Covid 19 Analysis, Market Size, Market Growth, Competitive Strategies, and Worldwide Demand 2027
Databridgemarketresearch.com Present “Global Hyperoxaluria Drug Market– Industry Trends and Forecast to 2027” new report to its research database. This report emphasizes on the detailed understanding of the some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. The conventional data in the global market report is presented in a graphical form while highlighting the proposed statistics. It also comprises of vendors, suppliers and key players in the global market. The unique data presented in the report are evaluated with an instinctive and scientific way in order to get a better understanding of the global market.
This Global Hyperoxaluria Drug Market research report analyzes top players in the key regions like North America, South America, Middle east and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessman’s future innovation and move business ahead.
Market Analysis: Global Hyperoxaluria Drug Market
Global Hyperoxaluria drug market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Emergence of drugs used to treat risk associated with hyperoxaluria and high demand of disease specific novel therapies are the key factors that fueling the market growth.
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Key Market Players:
Few of the major competitors currently working in the global hyperoxaluria drug market are Allena Pharmaceuticals, Inc, Intellia Therapeutics, Inc, OxThera, Dicerna Pharmaceuticals, Inc, Alnylam Pharmaceuticals, Inc, Pfizer Inc, Sanofi and others.
Global Hyperoxaluria Drug Market By Type (Primary Hyperoxaluria, Secondary Hyperoxaluria), Gene Type (AGXT, GRHPR and Others), Treatment Type (Medication, Surgery), Drugs (Calcium Oxalate Urinary Inhibitors, Thiazide Diuretics and Others), Route of Administration (Oral, Injectable), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global hyperoxaluria drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global hyperoxaluria drug market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Hyperoxaluria Drug Market
Hyperoxaluria is an ultra-rare metabolic disorder characterized by excessive oxalate production results in the deposition of calcium oxalate crystals in the kidneys and urinary tract and can lead to the formation of painful and recurrent kidney stones and nephrocalcinosis.
According to the statistics published by the U.S. Department of Health & Human Services, it is estimated up to 1 in every 58,000 individuals worldwide is affected by primary hyperoxaluria. Growing government support and rise in special designation from the regulatory authorities is driving the market growth.
- Increase in special designation from the regulatory authority is propelling the growth of this market
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- The competitive scenario of market and strategic collaborations may boost the market position
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
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Segmentation: Global Hyperoxaluria Drug Market
- Primary Hyperoxaluria
- Secondary Hyperoxaluria
By Genes Type
- Calcium Oxalate Urinary Inhibitors
- Thiazide Diuretics
By Route of Administration
By End Users
- Specialty Clinics
Key Developments in the Market:
- In April 2019, Alnylam Pharmaceuticals, Inc has initiated the ILLUMINATE-B phase III clinical trial on pediatric patients of lumasiran, glycolate oxidase inhibitor for the treatment of primary hyperoxaluria type 1. Lumasiran received the FDA and EU Orphan Drug Designations, a Breakthrough Therapy Designation from the FDA and a Priority Medicines (PRIME) designation from the European Medicines Agency (EMA). If trial successful, it will be the first FDA approved drug for the treatment of hyperoxaluria which will greatly enhance the company’s business portfolio in the therapeutic area of metabolic disorder.
- In July 2019, Dicerna Pharmaceuticals, Inc received Breakthrough Therapy designation from the FDA for its lead candidate DCR-PHXC next-generation RNAi-based therapy for the treatment of all types of primary hyperoxaluria. With this designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.
Reasons to Purchase this Report
- Current and future of global hyperoxaluria drug market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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