PUBLISHER: Allied Market Research | PRODUCT CODE: 1193138
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193138
The global Wilson disease drugs market accounted for $595.17 million in 2021, and is expected to reach $848.19 million by 2031, registering a CAGR of 3.6% from 2022 to 2031.
Wilson disease is a rare inherited disorder that causes copper to accumulate in the liver, brain and other vital organs of human body. most people with Wilson's disease are diagnosed between the ages of 5 and 35, but it can affect younger and older people, as well. Copper plays a key role in the development of healthy nerves, bones, collagen and the skin pigment melanin. It is normally absorbed from food, and excess is excreted through a substance produced in liver (bile). However, in people with Wilson's disease, copper is not eliminated properly and instead accumulates, possibly to a life-threatening level. Wilson's disease is treatable when diagnosed early, and many people with the disorder live normal lives.
Wilson's disease is inherited as an autosomal recessive trait, this indicates that a person must inherit one copy of the defective gene from each parent in order to have the disease. If the person receives only one abnormal gene, he may not become ill himself, but he is a carrier and can pass the gene to children. Untreated Wilson's disease can be fatal. Serious complications include scaring of liver, kidney problems, liver failure, persistent neurological problems, psychological problems, and blood problems. Wilson disease drugs market is expected to experience significant market growth during the forecast period owing to increase in the prevalence of Wilson disease, advancement in R&D activities for drug development, and rise in adoption of early diagnosis. In addition, increase in investment by players in R&D and presence of robust pipeline candidates, rise in expenditure on the development of healthcare infrastructure, increase in public awareness about the disease prevention in developing regions, and surge in demand for personalized medicine which further facilitate the growth of the market. However, lack of awareness and diagnosis facility associated with Wilson disease treatment and high treatment cost due to complications are expected to impede the market growth. In contrast, high investment by the government for drug development and increase in healthcare expenditure are factors that present new pathway in the industry are anticipated to provide significant growth opportunities for the Wilson disease drugs market.
The Wilson disease drugs market is segmented on the basis of drug type, distribution channel and region. Depending on drug type, the market is classified into Penicillamine, Trientine and Zinc. By distribution channel, the market is classified into hospital pharmacy, retail pharmacy, and online pharmacy. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The report provides a comprehensive analysis of the key players that operate in the global Wilson disease drugs market. The key companies profiled in the report include ANI Pharmaceuticals, Inc., APOTEX, Bausch Health Companies Inc., Breckenridge Pharmaceutical, Inc., Dr. Reddy's Laboratories Ltd, Lupin Limited, NAVINTA LLC, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Vivet Therapeutics
Key Benefits For Stakeholders
By Drug Type
By Distribution Channel
By Region