South Korea Cystic Fibrosis Therapeutics Market Analysis


  • Type: Rare Disease Area
  • Published : June 2021
  • Region: Asia
  • Country: South Korea
  • Report ID : 4964

  • Format: PPT, PDF

South Korea Cystic Fibrosis Therapeutics Market: Segmented By Drug Class (Pancreatic Enzyme Supplements, Mucolytic, Bronchodilators, CFTR Modulators) and By Route Of Administration (Oral Drugs, Inhaled Drugs) – Growth, Trends and Forecasts (2020 – 2028)

SKU: 4964 Categories: ,

Report Overview

The South Korea cystic fibrosis (CF) therapeutics market size stood at around USD xx million in 2020 and is projected to reach xx million by 2028, exhibiting a CAGR of around xx% during the forecast period.

Cystic fibrosis (CF) is a lethal genetic disorder, which manifests a variety of symptoms such as chronic productive cough, respiratory difficulty, meconium ileus, malabsorption, failure to thrive, infertility, etc. CF is caused by the mutations in cystic fibrosis transmembrane conductance regulator (CFTR) gene located on the long arm of chromosome 7, and over 1000 mutations in this gene have been described to date. CFTR gene encodes a 1,480 amino acid polypeptide, which functions mainly as a chloride channel in epithelial cells of lung, sinuses, pancreas, liver, and reproductive tract.

Market Drivers

Incidence of cystic fibrosis is comparatively low in South Korea. Surge in awareness about cystic fibrosis will boost the cystic fibrosis market trend. Increase in R&D investments made by government in the healthcare sector will drive the cystic fibrosis therapeutics market growth. However, high cost of the cystic fibrosis treatment and introduction of generic drugs hinder the growth of the market. Unawareness regarding the cystic fibrosis diagnosis of the new-borns impedes the market growth.




1. South Korea Cystic Fibrosis Therapeutics Market Overview…………………….
A. Market Size
2. Market Growth Drivers……………………………………………….
A. Increase in Awareness
B. Increase in R&D Investments
3. Epidemiology of Cystic Fibrosis……………………………………….
A. Prevalence
B. Incidence
4. Cystic Fibrosis Therapeutics Market Segmentation………………
A. Drug Class
I. Pancreatic Enzyme Supplements
II. Mucolytic
III. Bronchodilators
IV. CFTR Modulators
B. Route Of Administration
I. Oral Drugs
II. Inhaled Drugs
5. Cystic Fibrosis Therapeutics 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. Vertex Pharmaceuticals Company Overview, Product & Services, Strategies & Financials
B. AbbVie Korea Company Overview, 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 Therapeutics Market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

According to the drug class market is segmented into pancreatic enzyme supplements, mucolytic, bronchodilators, and CFTR modulators.

CFTR modulators are expected to dominate the cystic fibrosis therapeutics market through the forecast period. This is because of new product launch, high commercial availability, and huge demand for these drugs to treat CF. These modulators are designed to correct the malfunctioning protein made by the CFTR gene.

By Route of Administration:

On the basis of route of administration market is segmented into oral and inhaled drugs.

Top Players

The players operating in the market emphasise on introducing new products to address the changing needs of the patients. In April 2019, the US Food and Drug Administration (FDA) approved Vertex Pharmaceuticals Incorporated’s KALYDECO (ivacaftor) with an aim of expanding the range of treatment options. AbbVie, Novartis, GlaxoSmithKline are other affluent players in the cystic fibrosis market.

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”.

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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:

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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)

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  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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