China POMC Genetic Obesity Drugs Market Report 2023 to 2030

China POMC Genetic Obesity Drugs Market Analysis

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China POMC Genetic Obesity Drugs 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. The market for POMC Genetic Obesity Drugs is growing due to increase spending in research and development activities by pharmaceutical companies, introduction of new emerging therapies like gene editing and gene replacement approaches, incentives provided by regulatory body?s in the form of orphan drug designations. Novo Nordisk A/S , rhythm Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated ,Amgen Inc are the key market players operating in global POMC genetic obesity drugs market.

ID: IN10CNRD105 CATEGORY: Rare Diseases GEOGRAPHY: China AUTHOR: Gaurav Bhongale

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China POMC Genetic Obesity Drugs Market Analysis Summary

China POMC Genetic Obesity Drugs Market is valued at around $0.14 Bn in 2022 and is projected to reach $0.4 Bn by 2030, exhibiting a CAGR of 13.9% during the forecast period 2023-2030.

POMC (Pro-opiomelanocortin) genetic obesity is a rare genetic disorder in which obesity, adrenal insufficiency and other hormonal imbalances occur in the body. Drugs used in the treatment of this disease target melanocortin-4 receptor (MC4R) and gene replacement approaches. There are currently no authorized medications or therapies specifically for the treatment of POMC hereditary obesity. By using hormone replacement therapy that is replacing deficient hormones like cortisol and adrenocorticotropic hormone and dietary and exercise changes, the illness is generally managed by addressing its symptoms and complications, such as obesity and adrenal insufficiency. Novo Nordisk A/S, rhythm Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated, and Amgen Inc are the key market players operating in the global POMC genetic obesity drugs market.

Market Dynamics

Market Drivers

Increase spending in research and development activities by pharmaceutical companies, the introduction of new emerging therapies like gene editing and gene replacement approaches, patient support and advocacy programmes, and incentives provided by regulatory authorities in the form of orphan drug designations. All these act as market growth drivers.

Market Restraints

Small patient populations, challenging diagnostic procedures, and expensive research and development processes all act as market growth restraints.

Key players

Rhythm Pharmaceuticals Inc. Ionis Pharmaceuticals Inc. Alkermes plc Akcea Therapeutics Inc. Sanofi Pfizer Inc. Novo Nordisk A/S Metacrine Inc. Gelesis Inc. Intellia Therapeutics Inc.

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

Market Segmentations For China POMC Genetic Obesity Drugs market

By Treatment type

Hormone replacement therapy
Obesity management

By Distribution Channels

Hospital pharmacies
Retail pharmacies
Online pharmacies
Others

Methodology for Database Creation

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How Do We Get It?

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

1. Secondary Research

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Analyzing historical proprietary data collected from multiple projects.
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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.
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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.