The global Gaucher Disease Treatment Market is anticipated to reach USD 2.11 billion by 2025 according to a new report published by Polaris Market Research. In 2017, treatment type, Enzyme Reduction Treatment segment capture the largest market shares in terms of revenue and hold the major share in the market. Regionally, North America accounted for the major share in the Gaucher Disease Treatment Market.
The Gaucher Disease Treatment Market is majorly driven by the factors such as increasing prevalence of this disease in all age men & women and subsequent increase in the number of drugs available in the market. Also, the rising number of investments by the key players and research institute for developing new drugs that act effectively in treating type II & type III Gaucher disease. Additionally, increasing government initiatives for creating awareness about Gaucher disease will also boost the Gaucher Disease market in the coming years.
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On the basis of disease type, the global Gaucher Disease Treatment Market is categorized into type I, type II, and type III. The type I Gaucher disease is observed to be the dominating market segment in the market, owning to the increasing number of people suffering from type I disease across the globe. According National Gaucher Foundation, Type I Gaucher affects approximately 95 percent of the population making it one the most common type of disease.
Based on treatment type, the Gaucher disease treatment market is segmented as Enzyme Replacement Therapy (ERT), and Substrate Reduction Treatment (SBT). The ERT segment to hold dominating position in the market. This treatment market is primarily driven by its increased adoption across the globe for treating Gaucher disease, and higher awareness for using ERT.
The leading companies operating in the Gaucher Disease Treatment market include Sonafi (Genzyme Corporation), Pfizer Inc., Acetelion Pharmaceutical (J&J Ltd.), Shire Human Genetics Therapies, Inc., Erad Therapeutic Inc., and JCR Pharmaceuticals Co Ltd.
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Factors such as the growing awareness related to the therapeutic potency of stem cells in disease management, development of advanced genome-based cell analysis techniques, increasing public-private investments for stem cell research, identification of new stem cell lines, and developments in infrastructure for stem cell banking and processing are propelling the growth of the global stem cell therapy market.The Stem Cell Therapy Market is expected to reach USD 161.8 million by 2022, growing at a CAGR of 11.0% during the forecast period.Product AnalysisProduct Matrix which gives a detailed comparison of the product portfolios of the top five companiesGeographical AnalysisFurther breakdown of the North American stem cell therapy market into the US and CanadaFurther breakdown of the European stem cell therapy market into the UK, Germany, France, and Rest of EuropeCompany InformationDetailed analysis and profiling of additional market players (Up to 5)Download PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=48 On the basis of therapeutic application, the global stem cell therapy market is segmented into musculoskeletal disorders, wounds and injuries, cardiovascular diseases, surgeries, gastrointestinal diseases, and other applications.
This large share can be attributed to the rising availability of stem cell-based products for the treatment of musculoskeletal disorders, high prevalence of musculoskeletal disorders and bone & joint diseases, and growing patient preference for effective & early treatment strategies.On the basis of cell source, the global stem cell therapy market is divided into adipose derived MSCs; bone marrow derived MSCs, embryonic / cord blood SCs, and other cell sources.
The adipose derived MSCs segment was expected to account for the largest share of 59.1% in the global stem cell therapy market in 2017.
Furthermore, the bone marrow derived MSCs segment is expected to grow at highest CAGR of 12.1% during the forecast period.Read more (Stem Cell Therapy Market):-https://www.marketsandmarkets.com/PressReleases/stem-cells-market.aspThe Major Players in this Market:As of 2016, Osiris Therapeutics, Inc. (U.S.), MEDIPOST Co., Ltd. (South Korea), Anterogen Co., Ltd. (South Korea), Pharmicell Co., Ltd. (South Korea), Holostem Terapie Avanzate S.r.l.
(Italy), JCR Pharmaceuticals Co., Ltd. (Japan), NuVasive, Inc. (U.S.), RTI Surgical, Inc. (U.S.), and AlloSource (U.S.) were some of the key players operating in the global stem cell therapy market.
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Moreover, increasing demand for single-use instruments in disposable applications is anticipated to augment the growth over the projected period.China was the second largest pharmaceutical market in the world, expected to grow USD 173 billion by 2024, growing at a CAGR of 9.1% owing to the requirement of medication & drugs to cure deadly diseases.
Huge investment in biotechnology will primarily drive the growth of the market, as pharma companies deal in innovations for developing medicines and drugs in line with the increasing prevalence of diseases.Browse Details of Report @ https://www.hexaresearch.com/research-report/china-bioprocess-instruments-marketWith the patents of numerous biopharmaceutical products expiring by 2016, the market is anticipated to provide a lucrative opportunity for contract manufacturers operating in the region.
Approval of the trail plan for new drug marketing authorization holder (MAH) in 2016 to produce, conduct clinical trials, and market the products is expected to provide an impetus to the growth of the industry over the next few years.Increasing demand for bioprocess instruments in the pharmaceutical, research & development, industrial and medical laboratories coupled with the increasing number of these facilities is expected to result in the growth of the market.
Change in lifestyle & food consuming habits, and growing levels of air & water pollution have led to increasing occurrence of disease including obesity which has resulted in a rising number of patients diagnosed with cancer, heart disease, diabetes and other chronic conditions.
Thus, the healthcare sector is anticipated to create demand for treatment and laboratory services, which will result in the growth of bioprocess instruments market over the forecast period.Stringent regulatory policies and the high cost of instruments are likely to restrain the bioprocess instruments market in China.
The government has been focusing on reducing the fragmentation in the industry by consolidating manufacturers that lack standards in production with larger companies.
