The 7 major Bardet-Biedl syndrome markets reached a value of US$ 248.0 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 403.8 Million by 2034, exhibiting a growth rate (CAGR) of 4.53% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 248.0 Million |
Market Forecast in 2034
|
US$ 403.8 Million |
Market Growth Rate 2024-2034
|
4.53% |
The Bardet-Biedl syndrome market has been comprehensively analyzed in IMARC's new report titled "Bardet-Biedl Syndrome Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Bardet-Biedl syndrome is a rare and complex genetic disorder that affects several systems in the body. This disease primarily involves abnormalities in the function of cellular structures called cilia, which play essential roles in various biological processes. The most common feature of the ailment is retinal degeneration that can further lead to progressive vision loss and potential blindness. Numerous other indications include obesity, extra fingers or toes, intellectual disability, kidney dysfunction, behavioral problems, attention deficits, speech and language delays, etc. The severity and combination of these symptoms can vary significantly among patients. Additionally, individuals suffering from this disorder may experience health problems, such as high blood pressure, diabetes mellitus, and heart abnormalities. The diagnosis of Bardet-Biedl syndrome is typically based on a combination of clinical assessment, medical history review, and physical examination. The healthcare provider might also perform molecular genetic testing using blood or saliva samples to detect gene mutations associated with the condition. Furthermore, glucose tolerance tests and lipid profiles may be conducted to evaluate the metabolic status of the patient.
The increasing cases of genetic variations, which can disrupt the function and structure of cilia, impairing several cellular processes and signaling pathways in the body, are primarily driving the Bardet-Biedl syndrome market. In addition to this, the inflating utilization of physical and occupational therapies, since they help to improve gross and fine motor skills, muscle strength, and day-to-day living activities, is also creating a positive outlook for the market. Moreover, the widespread adoption of effective medications like lipase inhibitors and metformin to aid in weight management by reducing fat absorption in the gut is further bolstering the market growth. Apart from this, the rising usage of non-pharmacological interventions, such as lifestyle modification, which includes consuming a balanced diet and practicing routine physical activity to preserve heart health and minimize the risk of disease complications, is acting as another significant growth-inducing factor. Additionally, the escalating popularity of gene therapy on account of its numerous advantages, like enhanced metabolic control, targeted treatment, long-term effects, etc., is expected to drive the Bardet-Biedl syndrome market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the Bardet-Biedl syndrome market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for Bardet-Biedl syndrome and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Bardet-Biedl syndrome market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Bardet-Biedl syndrome marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Setmelanotide | Rhythm |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Bardet-Biedl Syndrome: Current Treatment Scenario, Marketed Drugs and Emerging Therapies