Report ID: SQMIG35J2102
Report ID:
SQMIG35J2102 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
64 |
Figures:
75
Amyloidosis Treatment Market size was valued at USD 5.87 Billion in 2023 and is poised to grow from USD 6.32 Billion in 2024 to USD 11.36 Billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).
The global amyloidosis treatment market has witnessed significant growth in recent years. Amyloidosis is a rare disease characterized by the accumulation of abnormal proteins called amyloids in various organs, leading to organ dysfunction. The market's growth can be attributed to several factors, including increasing awareness and diagnosis rates, advancements in treatment options, and a growing aging population. Therapeutic approaches for amyloidosis include chemotherapy, stem cell transplantation, and novel targeted therapies such as monoclonal antibodies and small molecule inhibitors. These innovative treatments have shown promise in halting or even reversing the progression of the disease. Additionally, pharmaceutical companies have been investing in research and development to expand treatment options, leading to a competitive landscape. However, challenges remain, including the high cost of treatment and the need for early diagnosis to improve patient outcomes. With ongoing research and the emergence of more effective therapies, the global amyloidosis treatment market is expected to continue its growth trajectory.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONAmyloidosis Treatment Market size was valued at USD 4.72 billion in 2021 and is poised to grow from USD 5.46 billion in 2023 to USD 9.13 billion by 2030, at a CAGR of 7.6% during the forecast period (2023-2030).
The market for amyloidosis treatment is characterized by competition among pharmaceutical companies, biotechnology firms, and research institutions. Established amyloidosis treatment providers have led the charge in terms of the development of innovative therapies for amyloidosis by actively participating in clinical trials and research collaborations to always maintain their competitive advantage. Additionally, smaller biotech firms such as Prothena Corporation and Ionis Pharmaceuticals have made noteworthy contributions with promising drug candidates targeting amyloidosis. Moreover, academic and research institutions play a pivotal role in deepening our understanding of amyloidosis and exploring potential therapies. The competitive dynamics in this market are fueled by the urgency to provide effective treatments due to the high unmet medical need for amyloidosis. As ongoing research unveils new insights and therapeutic targets, the competitive landscape is likely to be further shaped by partnerships and acquisitions, as companies aim to strengthen their pipelines and broaden their presence in this expanding market. 'Pfizer Inc. (USA)', 'Takeda Pharmaceutical Company Limited (Japan)', 'Alnylam Pharmaceuticals, Inc. (USA)', 'Ionis Pharmaceuticals, Inc. (USA)', 'Eidos Therapeutics, Inc. (USA)', 'Prothena Corporation plc (Ireland)', 'Akcea Therapeutics, Inc. (USA)', 'Janssen Pharmaceuticals, Inc. (USA)', 'GlaxoSmithKline plc (UK)', 'Novartis International AG (Switzerland)', 'Bristol-Myers Squibb Company (USA)', 'Sanofi S.A. (France)', 'Ionis Pharmaceuticals, Inc. (USA)', 'Oncopeptides AB (Sweden)', 'Alexion Pharmaceuticals, Inc. (USA)', 'Celgene Corporation (USA) [Acquired by Bristol-Myers Squibb]', 'Amgen Inc. (USA)', 'Caelum Biosciences (USA)', 'Spectrum Pharmaceuticals, Inc. (USA)', 'EUSA Pharma (UK)'
Increasing Prevalence of Amyloidosis: The incidence of AL amyloidosis and ATTR amyloidosis have increased across the world boosting demand for amyloidosis treatment. The growing availability of advanced diagnostic procedures and increased awareness regarding amyloidosis are also contributing to the amyloidosis treatment market growth.
Advancements in Targeted Therapies: Notable progress was witnessed in the exploration of targeted therapies for amyloidosis through research and development. Monoclonal antibodies and small molecules were actively under investigation as potential interventions to impede the production or accumulation of amyloid proteins, the defining characteristic of the disease. Numerous clinical trials were in progress to evaluate the safety and efficacy of these innovative therapies.
North America accounts for a major market share of more than 65% at present. The presence of a developed healthcare ecosystem and growing awareness regarding amyloidosis are key factors contributing to the dominant stance of North America. The United States is slated to lead amyloidosis treatment demand in North America owing to the growing availability of novel amyloidosis treatments and high investments in medical R&D activities.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35J2102