USD 2.18 Billion
Report ID:
SQMIG35D2218 |
Region:
Global |
Published Date: July, 2024
Pages:
219
|Tables:
92
|Figures:
78
Acute Intermittent Porphyria Market size was valued at USD 2.18 Billion in 2022 and is poised to grow from USD 2.32 Billion in 2023 to USD 3.72 Billion by 2031, at a CAGR of 6.10% during the forecast period (2024-2031)
The Acute Intermittent Porphyria (AIP) market is witnessing awesome trends driven with the aid of elevated awareness, progressed diagnostics, and evolving treatment options. AIP, a rare genetic disease impacting heme synthesis, has visible heightened attention inside the healthcare landscape. Diagnostic improvements, consisting of genetic trying out, make contributions to early and accurate identity of AIP cases. The pharmaceutical enterprise's attention on studies and improvement for novel therapeutics, in conjunction with improved affected person education, aids in handling AIP signs and symptoms. However, demanding situations consist of underdiagnosis and limited remedy options. A collaborative method among healthcare experts, researchers, and pharmaceutical organizations is crucial for addressing the complexities of the AIP marketplace.
Global Market Size
USD 2.18 Billion
Largest Segment
Genetic Testing
Fastest Growth
Genetic Testing
Growth Rate
6.10% CAGR
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The acute intermittent porphyria market is segmented into diagnosis, treatment, end user, and region. Based on diagnosis, the market is segmented into blood test, urine test, DNA test, and serum test. Based on treatment, the market is segmented into gonadotropin-releasing hormone analogues, and prophylactic hematin infusions. Based on end user, the market is segmented into hospitals, clinics, research centers, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Analysis by Treatment
The gonadotropin-releasing hormone analogues segment is expected to hold the largest market share in the Acute Intermittent Porphyria Market in the forecast period. Another application of GnRH analogues is in the treatment of porphyria due to its ability to inhibit ovulation among women and therefore decrease hormonal changes that may lead to porphyria attacks. This treatment approach provides adequate symptom management and prevention, the benefits of which can be seen in the patients. Moreover, constant innovation in the research and development of GnRH analogues for better results and safety also supports the dominance of GnRH analogues in the market.
The prophylactic hematin infusions segment of the acute intermittent porphyria market has captured significant growth potential. This is due to enhanced treatment methods, awareness, and access to care that means more patients will get proper treatment and early intervention, thus improving their lives.
Analysis by End User
The hospital segment is expected to hold the largest share in the AI Market for Acute Intermittent Porphyria in the forecast period for the following reasons. Hospitals are the initial points of contact for adequate acute porphyria care, including diagnosis, treatment, and management, as they provide specialized knowledge and access to treatment centers. Hospitals are committed to provide the best quality of care through key service lines such as diagnostics, therapies and a team-based approach. Furthermore, high incidence of acute porphyria cases that need hospitalization and access to the specialized services also strengthen the dominance of this segment in the market.
The Clinics segment is anticipated to witness the fastest growth in the Acute Intermittent Porphyria Market over the coming years. The causes of this growth are the shift to outpatient care, improved access to specialized clinics, and continued development of diagnostics and therapies at the point of care. Clinics are more advantageous in that they provide an organized and concise method of patient care for individuals with AIP. Further, the capacity to give timely interventions and individualized patronage also plays a part in the rapid growth of this segment.
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North America possesses superior healthcare infrastructure, facilitating early analysis, treatment accessibility, and a comprehensive method to AIP management. Robust studies and improvement sports within the area of rare diseases and genetic disorders, in conjunction with medical trials, make contributions to the dominance of North America.
The Asia-Pacific area is expected to be the quickest-developing market for AIP. Growing healthcare investments in international locations like China and India force the adoption of superior diagnostic and treatment technology for uncommon illnesses like AIP. The vast populace in the Asia-Pacific region will increase the pool of capability AIP instances, contributing to marketplace boom.
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Drivers
Increasing Awareness and Improved Diagnostics
Restraints
High Underdiagnosis Remains a Significant Challenge Due to Rarity Of AIP
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The aggressive surroundings of the Acute Intermittent Porphyria marketplace is dynamic and is characterised through a mix of established pharmaceutical agencies and biotech corporations striving to deal with the unmet wishes in AIP management. Ongoing research and development projects, strategic collaborations, and clinical trial advancements make contributions to the aggressive dynamics. The panorama is evolving with a focal point on precision medicinal drug and novel therapeutic modalities like RNA interference (RNAi) retailers.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Acute Intermittent Porphyria market analysis well-knownshows a dynamic market with a number of standout traits and problems. The marketplace is pushed by means of heightened cognizance, progressed diagnostics, and evolving remedy alternatives. Genetic trying out dominance guarantees accurate analysis, at the same time as emerging RNA interference therapies like givosiran show promise. Economic constraints and restricted treatment options stay demanding situations. Hematin infusions dominate, but excessive fees preclude accessibility. North America leads with superior healthcare, while Asia-Pacific well-knownshows fast growth due to growing healthcare investments. Key trends encompass genetic checking out advancements, the upward thrust of RNAi treatments, affected person-centric care, and the mixing of virtual fitness technology for far off monitoring. Continuous research fuels innovation in AIP diagnosis and remedy.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.18 Billion |
Market size value in 2031 | USD 3.72 Billion |
Growth Rate | 6.10% |
Base year | 2023 |
Forecast period | 2024-2031) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Acute Intermittent Porphyria Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Acute Intermittent Porphyria Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Acute Intermittent Porphyria Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Acute Intermittent Porphyria Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35D2218
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