Market Overview:
The 7 major sphingolipidoses markets are expected to exhibit a CAGR of 4.01% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
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2024-2034
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Historical Years
|
2018-2023
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Market Growth Rate 2024-2034 |
4.01% |
The sphingolipidoses market has been comprehensively analyzed in IMARC's new report titled "Sphingolipidoses Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Sphingolipidoses are a group of rare inherited metabolic disorders characterized by the abnormal accumulation of sphingolipids, a type of fatty molecule, within cells. These conditions result from deficiencies in specific enzymes responsible for breaking down sphingolipids, leading to their buildup in various tissues throughout the body. The symptoms of the illness can vary widely depending on the specific type of disorder and the organs affected. Common indications include neurological problems, such as developmental delays, seizures, and loss of motor skills. Additionally, patients may experience physical abnormalities, organ enlargement, and a reduced life expectancy. The severity and onset of indications can vary significantly among affected individuals. The diagnosis of sphingolipidoses typically involves a combination of clinical evaluations, family history assessments, and laboratory tests. Healthcare providers may further recommend enzyme activity assays, genetic testing, and imaging studies to confirm the presence of the specific sphingolipid storage disorder among patients.
The escalating prevalence of mutations in specific genes responsible for sphingolipid metabolism, leading to the abnormal buildup of these lipids in cells and tissues throughout the body, is primarily driving the sphingolipidoses market. In addition to this, the inflating utilization of effective therapeutic interventions, such as substrate reduction therapy, that aim to alleviate symptoms and slow disease progression, is also creating a positive outlook for the market. Moreover, the widespread adoption of supportive care measures, including physical and occupational therapies, since they are designed to enhance muscle strength, coordination, and gross motor skills, thereby addressing some of the debilitating aspects of sphingolipidoses, is further bolstering the market growth. Apart from this, the rising usage of enzyme replacement therapies, which involve the intravenous administration of the deficient enzyme to neutralize toxic lipid buildup in individuals suffering from these conditions, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of adjunctive treatments like bone marrow transplantation, that helps promote treatment outcomes, is also augmenting the market growth. Furthermore, the increasing advancements in the field of gene therapy, which offer techniques to insert functional genes into cells and counterbalance or rectify the defective genes responsible for lipid accumulation, are expected to drive the sphingolipidoses market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the sphingolipidoses 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 sphingolipidoses 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 sphingolipidoses market in any manner.
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 sphingolipidoses market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the sphingolipidoses market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current sphingolipidoses 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 |
Galafold (Migalastat) |
Amicus Therapeutics |
Elfabrio (Pegunigalsidase Alfa-Iwxj) |
Chiesi Farmaceutici |
Cerezyme (Imiglucerase) |
Genzyme Corporation |
Vpriv (Velaglucerase Alfa For Injection) |
Shire Human Genetic Therapies |
Elelyso (Taliglucerase Alfa) |
Pfizer/Protalix Biotherapeutics |
LY3884961 |
Prevail Therapeutics |
ST-920 |
Sangamo Therapeutics |
Arimoclomol |
ZevraDenmark |
4D-310 |
4D Molecular Therapeutics |
TAK-611 |
Takeda |
*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 sphingolipidoses 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 sphingolipidoses market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the sphingolipidoses 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 sphingolipidoses across the seven major markets?
- What is the number of prevalent cases (2018-2034) of sphingolipidoses by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of sphingolipidoses by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with sphingolipidoses across the seven major markets?
- What is the size of the sphingolipidoses 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 sphingolipidoses?
- What will be the growth rate of patients across the seven major markets?
Sphingolipidoses: 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 sphingolipidoses 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 sphingolipidoses market?
- What are the key regulatory events related to the sphingolipidoses market?
- What is the structure of clinical trial landscape by status related to the sphingolipidoses market?
- What is the structure of clinical trial landscape by phase related to the sphingolipidoses market?
- What is the structure of clinical trial landscape by route of administration related to the sphingolipidoses market?