Global Cystic Fibrosis Market Analysis


  • Type: Rare Disease Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 1064

  • Format: PPT, PDF

Global Cystic Fibrosis Market – Growth, Trends, And Forecasts (2019 – 2028)

SKU: 1064 Categories: ,

Report Overview

The global Cystic Fibrosis drugs market size stood at USD 4,616 million in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period

The global Cystic Fibrosis drugs market is expected to witness significant growth during the forecast period majorly due to availability of personalized drug therapy & molecular prosthetics for the treatment of cystic fibrosis. Furthermore, rise in prevalence of cystic fibrosis and surge in awareness about cystic fibrosis across the globe boost the cystic fibrosis market trend. the introduction of various new drugs with better productivity and development of the healthcare R&D facilities are expected to create lucrative opportunities in the cystic fibrosis therapeutics market. Moreover, development of the healthcare industry and increase in R&D activities undertaken by key players are expected to boost the market growth during the forecast period. Furthermore, rise in prevalence of cystic fibrosis has generated need for newer and advanced therapeutics for its treatment. Hence, this has led to increase in number of pipeline drugs in the market, which is expected to provide remunerative opportunities for market expansion during the forecast period

Market Drivers

The availability of personalized drug therapy and molecular prosthetics to cure cystic fibrosis is expected to be a significant cause that can drive the market during the forecast period. The rising awareness about the disease across the globe is predicted to grow the market in the coming tenure. Also, the increasing R&D investments made by the government of various countries is expected to enhance the cystic fibrosis medications that can grow the market. The on-going development in the pharmaceuticals and biotechnological sector is expected to produce a significant opportunity that can augment the market during the forecast period

1. Global Cystic Fibrosis Market Overview…………………..
A. Market Size
2. Market Growth Drivers…………………………………………
A. Rise in Global Prevalence of Cystic Fibrosis
B. Growing R&D Investments and Reimbursement Policies
3. Major Cystic Fibrosis…………………………………….
A. Protein Production Mutations (Class 1)
B. Protein Production Mutations (Class 2)
C. Gating Mutations (Class 3)
D. Others
4. Cystic Fibrosis Market Segmentation………………………
A. Drug Class
I. Pancreatic Enzyme Supplements
II. Mucolytic
III. Bronchodilators
IV. CFTR modulators
B. Distribution Channel
I. Hospital
II. Clinics
III. Others
C. Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia-Pacific Market Analysis
IV. Middle-East and Africa Market Analysis
5. Cystic Fibrosis Major Drugs Market Share………………
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape………………………………………….
A. Major Players
B. Products in Pipeline
7. Key Company Profiles……………………………………………
A. Novartis Overview, Product & Services, Strategies & Financials
B. Genentech, Inc., Overview, Product & Services, Strategies & Financials
C. GlaxoSmithKline Plc., Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………
A. New Trends and Development of Cystic Fibrosis Market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

Based on the drug class, the market is segmented into cystic fibrosis transmembrane conductance regulator, bronchodilators, mucolytic, and pancreatic enzyme supplement, and others. CFTR considered to be a dominating market. Owing to its functions such as it improves the body’s function at the cellular level, which is slow, improves the function of CFTR protein, and others

By Disease Indication:

Based on Disease Indication, the most common CF mutation, F508del, is primarily considered to be a processing mutation. The F508del mutation removes a single amino acid from the CFTR protein

By Distribution Channel:

Based on distribution channel, the market is classified into retail pharmacies and drug stores, hospital online pharmacies, and hospital pharmacies. Retail pharmacies and drug stores are anticipated to dominate the market when compared with online pharmacies and hospital pharmacies segment soon. Due to increase in partnerships with different pharmacies segment is also anticipated to emerge as the fastest growing segment in the market. Owing to an increase in patient’s preference towards the convenience of drugs, easy availability, and others are augmenting the growth of online pharmacies during the forecast period

By Region:

North America is expected to dominate the global market due to the growing FDA approval of drugs for cystic fibrosis. The demand to cure the disease with the increasing integration of the latest technologies in the healthcare sector is expected to underpin the expansion of the regional market. Among all countries of North America, the United States is expected to witness the highest incidence rates of cystic fibrosis, thereby propelling the regional market. Europe is largely affected by cystic fibrosis, which is expected to be a significant factor that can grow the regional market. APAC is predicted to acquire a notable market share during the forecast period owing to the expanding geriatric population. The on-going development in the healthcare infrastructure is predicted to underpin the regional market in the assessment period. The incidence of cystic fibrosis in the Middle East varies according to ethnic background. However, the CF prevalence in the Middle East is low as compared to the North American and European regions. There is no accurate CF prevalence number for the Northern African countries, but it is expected to be low due to the racial factor and no European genetic mixture

Top 5 Major Players

The global Cystic Fibrosis Market is highly competitive, and the prominent players in the market have adopted various strategies to garner maximum market share. These include collaboration, product launch, partnership, and acquisition. Major players operating in the market include Genentech, Inc., Novartis AG, Gilead Sciences, Inc., Vertex Pharmaceuticals Incorporated, and GlaxoSmithKline Plc

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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