New York, According to a new market research report published by Global Insight Services “Enzyme Replacement Therapy Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Enzyme replacement therapy (ERT) is a medical treatment for certain inherited metabolic disorders caused by a deficiency of specific enzymes. Enzymes are proteins that catalyze chemical reactions in the body. In people with enzyme deficiencies, these reactions do not occur properly, leading to a build-up of toxic substances and various health problems. ERT replaces the missing enzymes with artificially produced versions, which can help to improve the symptoms of the disorder and the person’s quality of life.
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Key Trends
Enzyme Replacement Therapy (ERT) is a treatment for patients with certain inherited metabolic disorders. In ERT, patients receive regular infusions of enzymes that are missing or not functioning properly in their bodies.
ERT has been used to treat patients with disorders such as Gaucher disease, Fabry disease, and Pompe disease for many years. In recent years, newer ERT treatments have been developed for other disorders, such as Mucopolysaccharidosis I (MPS I), MPS II, and MPS VI.
As ERT treatments have become more widespread, there has been a growing interest in ways to improve the delivery of enzymes to the cells and tissues that need them. One key area of research is the development of enzyme formulations that can be given by less invasive methods, such as subcutaneous injections or inhalations.
Key Drivers
The key drivers of enzyme replacement therapy (ERT) market are the unmet needs of patients suffering from lysosomal storage disorders (LSDs), and the increasing number of clinical trials being conducted for LSDs. LSDs are a group of rare, inherited disorders that are caused by the buildup of toxic substances in the body’s cells. There is currently no cure for LSDs, and the only treatment option is ERT.
ERT involves the administration of enzymes that are missing or defective in patients with LSDs. These enzymes help to break down the toxic substances that build up in the cells, and can improve the symptoms of the disorder. ERT is the only treatment option that has been shown to be effective in treating LSDs.
Market Segments
The enzyme replacement therapy market report is bifurcated on the basis of product, disease, end user, and region. On the basis of product, it is segmented into agalsidase beta, imiglucerase, velaglucerase alfa, and others. Based on disease, it is analyzed across gaucher disease, fabry disease, Pompe disease, and others. By end user, it is categorized into hospitals, infusion centers, home healthcare setting, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The enzyme replacement therapy market report includes players such as Abbvie Inc., Astrazeneca Plc, Biomarin Pharmaceutical Inc, Chiesi Farmaceutici S.P.A., Digestive Care, Inc., Leadiant Biosciences, Inc., Nestle Health Science, Pfizer Inc., Sanofi, and Takeda Pharmaceuticals.
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Reasons to buy Enzyme Replacement Therapy Market Report:
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• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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