Market Overview:
The 7 major Fanconi anemia markets reached a value of US$ 49.2 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 78.8 Million by 2034, exhibiting a growth rate (CAGR) of 4.38% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year |
2023
|
Forecast Years |
2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 49.2 Million |
Market Forecast in 2034
|
US$ 78.8 Million |
Market Growth Rate (2024-2034)
|
4.38% |
The Fanconi anemia market has been comprehensively analyzed in IMARC's new report titled "Fanconi Anemia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Fanconi anemia is a rare genetic disorder characterized by bone marrow failure, increased susceptibility to cancer, and various physical abnormalities. In this condition, the bone marrow, which is responsible for producing new blood cells, fails to generate enough red blood cells, white blood cells, and platelets. As a result, individuals suffering from the ailment may experience fatigue, headaches, difficulty breathing, increased infections, and a higher risk of bleeding. Various other common indications associated with the disease include physical abnormalities, such as skeletal deformities, malformations of the thumbs or upper limbs, heart defects, balance problems, skin pigmentation changes, unusual spinal curves, hearing loss, etc. The diagnosis of Fanconi anemia is typically made through a combination of clinical assessment, physical examination, and biopsy. The healthcare professionals usually suggest several blood workups, including hemoglobin electrophoresis, complete blood count, peripheral smear test, etc., to evaluate the type, appearance, and function of blood cells. They may also conduct biopsy of the bone marrow to look for characteristic changes in the tissues and cells among patients.
The rising cases of genetic disorders causing defective DNA repair and chromosomal instability are primarily driving the Fanconi anemia market. Additionally, the escalating usage of androgen therapy, which involves the administration of testosterone to stimulate the production of red blood cells within the body, is also propelling the market growth. In line with this, the widespread adoption of steroidal drugs that help to improve energy levels and physical strength in patients with Fanconi anemia is creating a positive outlook for the market. Furthermore, the increasing application of stem cell transplants for treating severe disease conditions that do not respond to other pharmacological therapies is also augmenting the market growth. This procedure involves the replacement of the diseased bone marrow with healthy stem cells in order to restore a normal blood cell count. Besides this, the emerging popularity of preimplantation genetic testing, which is used for assisted reproduction and to determine chromosomal defects in embryos formed through in-vitro fertilization, thereby preventing transmission of gene abnormalities, is expected to drive the Fanconi anemia during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the Fanconi anemia market in the United States, EU4 (Germany, Spain, Italy, and France), 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 Fanconi anemia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 Fanconi anemia market in any manner.
Recent Developments:
- In April 2024, Rocket Pharmaceuticals announced that the European Medicines Agency (EMA) had approved the Marketing Authorization Application (MAA) for RP-L102, a lentiviral vector-based investigational gene therapy for Fanconi anemia, complementation group A, a rare genetic disorder caused by mutations in the FANCA gene that affect DNA repair and is characterized by bone marrow failure, cancer predisposition, and congenital malformations.
Key Highlights:
- Fanconi anemia occurs in about 1 in 160,000 people worldwide.
- Fanconi anemia affects an estimated 5,500 to 7,000 people in the United States and Europe.
- Around 60-70% of patients with Fanconi anemia have a Fanconi anemia complementation group A (FANCA) gene mutation, which encodes a protein required for DNA repair.
- Fanconi anemia indicates a minor masculine predisposition, with a male/female ratio of 1.2:1.
- People with Fanconi anemia can be diagnosed at any age, but the median is seven years old.
Drugs:
RP-L102 is Rocket's lentiviral vector-based gene therapy in development for individuals with Fanconi anemia. It contains autologous (patient-derived) hematopoietic stem cells that have been genetically engineered with a lentiviral vector to include a functional copy of the FANCA gene.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the Fanconi anemia market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the Fanconi anemia market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current Fanconi anemia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Drugs |
Company Name |
RP-L102 |
Rocket Pharmaceuticals |
*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.
Key Questions Answered in this Report:
Market Insights
- How has the Fanconi anemia market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the Fanconi anemia market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the Fanconi anemia market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of Fanconi anemia across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Fanconi anemia by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Fanconi anemia by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with Fanconi anemia across the seven major markets?
- What is the size of the Fanconi anemia patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of Fanconi anemia?
- What will be the growth rate of patients across the seven major markets?
Fanconi Anemia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for Fanconi anemia drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the Fanconi anemia market?
- What are the key regulatory events related to the Fanconi anemia market?
- What is the structure of clinical trial landscape by status related to the Fanconi anemia market?
- What is the structure of clinical trial landscape by phase related to the Fanconi anemia market?
- What is the structure of clinical trial landscape by route of administration related to the Fanconi anemia market?