The Lysosomal Disease Treatment Global Market Report 2023, provides comprehensive information on the lysosomal disease treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Lysosomal Disease Treatment Global Market Report 2023, the market size is expected to grow from $8.13 billion in 2022 to $8.69 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lysosomal disease treatment market size is expected to reach $11.56 billion in 2027 at a CAGR of 7.4%.
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Collaborative innovation for new disease treatments is a key trend gaining popularity in the lysosomal disease treatment market. Companies operating in the lysosomal disease treatment market are collaborating to advance treatment solutions using innovative technologies to sustain their position in the market. For instance, in August 2021, Eli Lilly, a US-based pharmaceutical company, and Lycia Therapeutics, Inc., a US-based biotechnology company, signed a collaboration and licensing agreement to develop and commercialize novel targeted therapeutics using Lycia’s lysosomal targeting chimera (LYTAC) protein degradation technology. This partnership aligns with Lilly’s strategy to leverage innovative technology to address challenging disease areas, including lysosomal disorders. Similarly, in September 2020, Gain Therapeutics, a US-based biotech company specializing in small molecule therapies for rare genetic diseases, including LSDs, collaborated with Sumitomo Pharma Co., Ltd., a Japan-based pharmaceutical company, to develop novel small molecule therapies for the treatment of lysosomal storage diseases (LSDs). The aim of this partnership is to develop therapies that restore lysosomal function and reduce the accumulation of substances within cells and tissues, leading to improved outcomes for patients with LSDs.
The lysosomal disease treatment market is segmented:
1) By Disease Type: Mucopolysaccharidosis, Pompes Syndrome, Fabry Diseases, Gaucher’s Disease, Other Disease Types
2) By Therapy: Substrate Reduction Therapy, Stem Cell Therapy, Enzyme Replacement Therapy, Other Therapies
3) By Route Of Administration: Oral, Parenteral, and Other Routes Of Administration
4) By End User: Hospitals, Specialty Clinics, Homecare, Other End Users
North America was the largest region in the lysosomal disease treatment market in 2022.
The table of contents in TBRC’s lysosomal disease treatment market report includes:
- Executive Summary
- Lysosomal Disease Treatment Market Characteristics
- Lysosomal Disease Treatment Market Trends And Strategies
- Lysosomal Disease Treatment Market – Macro Economic Scenario
- Lysosomal Disease Treatment Market Size And Growth
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- Middle East Lysosomal Disease Treatment Market
- Africa Lysosomal Disease Treatment Market
- Lysosomal Disease Treatment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Lysosomal Disease Treatment Market
- Lysosomal Disease Treatment Market Future Outlook and Potential Analysis
Top Major Players
- Eli Lilly and Company
- Takeda Pharmaceutical Company Limited
- Sanofi
- Pfizer Inc.
- Novartis AG
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