Canada Morquio Syndrome (MPS-IV) Therapeutics Market Report 2023 to 2030

Canada Morquio Syndrome (MPS-IV) Therapeutics Market Analysis

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Canada Morquio Syndrome (MPS-IV) Therapeutics Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 ? 2030. As genetic illnesses like Morquio Syndrome (MPS-IV) has become more common, there is an increasing demand for specialised drugs to treat them. Major global players in Morquio Syndrome (MPS-IV) Therapeutics Market are BioMarin, Genzyme Corporation, Shire, JCR Pharmaceuticals Co., Ltd., Sanofi, Sangamo Therapeutics, ArmaGen and GREEN CROSS CORP, Concert Pharmaceuticals Inc., Alexion Pharmaceuticals Inc., and other players.

ID: IN10CARD044 CATEGORY: Rare Diseases GEOGRAPHY: Canada AUTHOR: Sakshi Mantri

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Canada Morquio Syndrome (MPS-IV) Therapeutics Market Analysis Summary

Canada Morquio Syndrome (MPS-IV) Therapeutics Market is valued at around $0.008 Mn in 2022 and is projected to reach $0.02 Mn by 2030, exhibiting a CAGR of 9.5% during the forecast period 2023-2030.

Morquio Syndrome is a rare genetic metabolic disease or birth abnormality that mostly affects the skeleton. It is also known as MPS IV and mucopolysaccharidosis IV.

It is anticipated that the market for therapies for Morquio syndrome will expand quite quickly due to the rise in the number of products in the early and advanced stages of R&D as well as the emphasis on treating uncommon conditions. Many medicines that are now in the pipelines of various firms can be predicted to pass regulatory permission for marketing as a result of the recent approval of the drug elosulfase alpha (VIMIZIM), assuming they have positive clinical trial results. Major global players in Morquio Syndrome (MPS-IV) Therapeutics Market are BioMarin, Genzyme Corporation, Shire, JCR Pharmaceuticals Co., Ltd., Sanofi, Sangamo Therapeutics, ArmaGen and Green Cross Corp, Concert Pharmaceuticals Inc., Alexion Pharmaceuticals Inc., and other players.

Market Dynamics

Market Growth Drivers

Unmet clinical demands and improved treatment outcomes are major drivers of the increased demand for cutting-edge medications. Drugs like Elaprase and ALDURAZYME must cross the blood-brain barrier to be successful in treating the condition. The most severely affected patients with mucopolysaccharidosis (MPS) are unable to benefit from conventional therapy for their neurological symptoms and problems. For instance, the neurological symptoms of Hunter syndrome, which affect around two-thirds of all patients, are among the most incapacitating in those with the most severe symptoms. A sizeable fraction of the population still requires effective therapy because the neurological symptoms cannot be addressed by the available medications.

Market Restraints

High treatment costs are a defining feature of the Morquio syndrome treatment market. Enzyme replacement therapy is one of the pricey therapies for Morquio syndrome that not all patients may be able to afford. Some persons may have less access to care than others as a result of these issues.

Key players

BioMarin Pharmaceutical Inc uniQure NV Orchard Therapeutics plc ProQR Therapeutics NV Spark Therapeutics Inc Bluebird Bio Inc Fate Therapeutics Inc Krystal Biotech Inc Stealth Biotherapeutics Inc Wave Life Sciences Ltd

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Canada Morquio Syndrome (MPS-IV) Therapeutics Market Segmentation

By Treatment:

Enzyme Replacement Therapy
Others

By Disease Type:

Morquio A
Morquio B

By Distribution Channels:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.