The 7 major Hutchinson-Gilford syndrome markets are expected to exhibit a CAGR of 6.53% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2034 | 6.53% |
The Hutchinson-Gilford Syndrome market has been comprehensively analyzed in IMARC's new report titled "Hutchinson-Gilford Syndrome Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Hutchinson-Gilford Syndrome, also known as progeria, is an extremely rare genetic condition that causes accelerated aging in children. It is caused by a spontaneous mutation in the LMNA gene, which results in the production of an abnormal protein called progerin. The symptoms of this illness typically appear in the first year of life and include growth failure, a distinctive appearance characterized by a small face and jaw, thinning hair, and loss of subcutaneous fat. Individuals suffering from the disorder may also experience stiffness in joints, wrinkled skin, high-pitched voices, veins easily seen through the skin, dental problems, premature aging, a weakened immune system, etc. The diagnosis of Hutchinson-Gilford Syndrome is mainly based on the patient's reported clinical features and medical history. The healthcare provider may also perform a physical test to measure the height, weight, and vital signs of patients. Additionally, genetic testing is required to confirm a diagnosis by determining changes in the gene associated with the underlying disease.
The increasing cases of gene abnormalities that cause an unstable cell nucleus structure, thereby affecting normal cell division, are primarily driving the Hutchinson-Gilford Syndrome market. Furthermore, the widespread adoption of farnesyltransferase inhibitors owing to their various advantages, such as increased flexibility of blood vessels, improved bone structure, and enhanced hearing capabilities in patients, is also augmenting the market growth. In addition to this, the escalating utilization of physical and occupational therapy, which eases disease symptoms and promotes a person's ability to perform daily tasks by maintaining a good range of motion, balance, and posture, is further creating a positive outlook for the market. Moreover, several key players are investing in R&D activities to understand better the molecular pathways involved in the pathogenesis of disease and help to launch more potent treatment alternatives. This, in turn, is also bolstering market growth. Additionally, the emerging popularity of antisense oligonucleotide therapies, since they can inactivate harmful genes and decrease the level of telomeric non-coding RNA, is expected to drive the Hutchinson-Gilford Syndrome market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the Hutchinson-Gilford Syndrome 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 Hutchinson-Gilford Syndrome and 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 Hutchinson-Gilford Syndrome market in any manner.
Zokinvy (lonafarnib) represents the first FDA-approved treatment designed to reduce mortality risk in children diagnosed with Hutchinson-Gilford Syndrome. Acting as a farnesyltransferase inhibitor, it works to hinder the buildup of faulty, farnesylated proteins by blocking farnesyltransferase activity. Initially developed by Merck, lonafarnib was later licensed to Eiger Biopharmaceuticals Inc., which currently markets it under the Zokinvy brand. The FDA approved on November 20, 2020, marking a significant milestone as the first FDA-approved therapy for HGPS and related progeroid laminopathies. Additionally, it is indicated for the treatment of processing-deficient progeroid laminopathies in the same patient population, including individuals with either a heterozygous LMNA mutation leading to progerin-like protein accumulation or homozygous/compound heterozygous mutations in ZMPSTE24.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Hutchinson-Gilford syndrome marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Zokinvy (Lonafarnib) | Eiger Biopharmaceuticals |
Progerinin | PRG Science and Technology |
*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
Hutchinson-Gilford Syndrome: Current Treatment Scenario, Marketed Drugs and Emerging Therapies