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The 5-alpha reductase deficiency global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
5-Alpha Reductase Deficiency Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The 5-alpha reductase deficiency market size has grown strongly in recent years. It will grow from $1.29 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to research and development, regulatory landscape, healthcare infrastructure, increased awareness and education, health insurance coverage.
The 5-alpha reductase deficiency market size is expected to see strong growth in the next few years. It will grow to $1.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to innovations in therapeutics, genetic research advances, precision medicine, global health initiatives, integration of gene therapies. Major trends in the forecast period include advancements in treatment options, diagnostic innovations, patient-centric approaches, regulatory landscape, market access and affordability.
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Scope Of 5-Alpha Reductase Deficiency Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
5-Alpha Reductase Deficiency Market Overview
Market Drivers –
The growing number of research and development activities in genomics is significantly contributing to the growth of the 5-alpha reductase deficiency market. Genomics refers to studying a person’s whole gene pool (genome), including how those genes interact with one another and with their environment. Genomics is used to diagnose 5-alpha reductase deficiency by identifying specific genetic mutations responsible for the disorder. Thus, research and development activities in genomics will aid in discovering and treating the disorder. For instance, in July 2022, according to the ‘Accelerating Access to Genomics for Global Health’ report issued by the World Health Organization (WHO), a Switzerland-based specialized health agency of the United Nations, the percentage of nations equipped to conduct genomic surveillance rose from 54% to 68% between March 2021 and January 2022. Therefore, the growing number of research and development activities in genomics will drive the 5-alpha reductase deficiency market.
Market Trends –
The development of innovative genetic testing for diagnosing rare diseases is the key trend in the 5-alpha reductase deficiency market. Major companies operating in the 5-alpha reductase deficiency market are focusing on developing innovative genetic testing which can diagnose rare diseases like 5-alpha reductase deficiency more efficiently and at the early stages. Such innovations enable key players to gain a competitive edge in the market. For instance, in June 2022, Avesthagen Limited, a US-based integrated systems biology platform company, launched its new genetic testing portfolio. Genome panels in the portfolio offer highly specialized, disease-centric analysis for rare genetic diseases.
The 5-alpha reductase deficiency market covered in this report is segmented –
1) By Diagnosis: Chromosome Analysis, Gene Sequencing, Hormone Tests, Imaging Tests, Genetic Screening, Other Diagnosis
2) By Treatment: Surgery, Vaginoplasty, Feminizing Genitoplasty, Hormone Replacement Therapy, Other Treatments
3) By End-Users: Hospitals, Specialty Clinics, Other End-Users
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Regional Insights –
North America was the largest region in the 5-alpha reductase deficiency market in 2023. The regions covered in the 5-alpha reductase deficiency market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the 5-alpha reductase deficiency market report are Merck & Co. Inc., F. Hoffmann-La Roche Ltd., Sanofi SA, Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Bayer AG, Eli Lilly and Company, Alma Lasers Ltd., Viveve Medical Inc., Fotona d.o.o, Almirall SA, Hologic Inc., Gilead Sciences Inc., Johnson & Johnson Services Inc., Mallinckrodt Pharmaceuticals, Mylan N.V., Novo Nordisk A/S, Regeneron Pharmaceuticals Inc., Roivant Sciences Ltd., Sanofi Genzyme, Shionogi & Co. Ltd., Sun Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., UCB S.A., Vertex Pharmaceuticals Incorporated, Zoetis Inc., Cadila Healthcare Limited, Endo International plc .
Table of Contents
1. Executive Summary
2. 5-Alpha Reductase Deficiency Market Report Structure
3. 5-Alpha Reductase Deficiency Market Trends And Strategies
4. 5-Alpha Reductase Deficiency Market – Macro Economic Scenario
5. 5-Alpha Reductase Deficiency Market Size And Growth
…..
27. 5-Alpha Reductase Deficiency Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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