The 7 major Niemann-Pick disease markets are expected to exhibit a CAGR of 4.22% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 4.22% |
The Niemann-Pick disease market has been comprehensively analyzed in IMARC's new report titled "Niemann-Pick Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Niemann-Pick disease refers to a rare genetic disorder that affects the body's ability to metabolize fat and cholesterol. The condition results in the accumulation of lipids in abnormal amounts due to a deficiency or absence of an enzyme called acid sphingomyelinase (ASM), which is responsible for breaking down fatty substances. There are several types of Niemann-Pick disease, with varying severity and age of onset. Types A and B are the most common forms of this illness, which primarily affect the liver and spleen and may cause enlargement of these organs, anemia, and low platelet counts. Type C is a more severe form of the disease, affecting the liver, spleen and brain and causing developmental delays, seizures, difficulty with movement, and cognitive impairment. The diagnosis of Niemann-Pick disease is typically made after a comprehensive review of the patient's indications, medical history, and physical examination. The healthcare provider may also perform a blood or skin sample biopsy to measure the amount of sphingomyelinase in white blood cells and confirm disease diagnosis.
The increasing prevalence of autosomal recessive inherited disorders, that result in genetic mutations, causing a buildup of cholesterol and other fats within the body cells, is primarily driving the Niemann-Pick disease market. Furthermore, the widespread utilization of enzyme inhibitors, involving miglustat, which work by inhibiting the body from generating fatty substances and their abnormal accumulation in the organs, is also bolstering the market growth. Additionally, several government agencies and non-governmental organizations are funding health education programs to raise awareness about early diagnosis and available treatment options for Niemann-Pick disease. This, in turn, is creating a positive outlook for the market. Moreover, the inflating application of enzyme replacement therapy, since it aims to replace defective or deficient ASM enzymes, thereby minimizing fat accumulation, providing symptom relief, and enhancing overall well-being in patients, is further acting as another significant growth-inducing factor. Apart from this, the emerging popularity of gene therapy, that involves introducing a functional copy of the faulty gene into the body to treat this ailment, is expected to drive the Niemann-Pick disease market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the Niemann-Pick disease 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 Niemann-Pick disease 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 Niemann-Pick disease 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 Niemann-Pick disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Xenpozyme (Olipudase alfa) | Sanofi |
Zavesca (Miglustat) | Actelion Pharmaceuticals |
Trappsol Cyclo | Cyclo Therapeutics |
VTS 270 | Mandos |
AZ-3102 | Azafaros |
Arimoclomol | Zevra Therapeutics |
*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
Niemann-Pick Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies