Spain Phenylketonuria 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. The market for phenylketonuria therapeutics is being driven by a variety of factors, including the increasing prevalence of PKU, technological advancements in PKU diagnostics, government initiatives and funding, and growing patient demand for effective treatments for the condition. Major global players in Phenylketonuria Therapeutics Market are DAIICHI SANKYO COMPANY, LIMITED, Ajinomoto Cambrooke, Inc., American Gene Technologies, Ultragenyx Pharmaceutical, Nutricia, Homology Medicines, Inc., Reckitt Benckiser Group plc, Abbott, Travere Therapeutics, Inc., Synlogic, Promin., SOM BIOTECH, S.L. Healthcare, Synthetic Biologics, Inc., Nestl?, Codexis, BioMarin, Erytech Pharma.,
Spain Phenylketonuria Therapeutics Market is valued at around $21.2 Mn in 2022 and is projected to reach $36.7 Mn by 2030, exhibiting a CAGR of 7.1% during the forecast period 2023-2030.
Phenylketonuria, a rare inherited disorder, causes the body to accumulate phenylalanine (PKU). Proteins are composed of amino acids. All proteins and a few artificial sweeteners include phenylalanine. Tyrosine is produced by your body using the enzyme phenylalanine hydroxylase and is required for the synthesis of neurotransmitters like adrenaline, norepinephrine, and dopamine. A mistake in the gene responsible for producing phenylalanine hydroxylase is the root cause of PKU. Your body is unable to break down phenylalanine if this enzyme is missing. Your body thus begins to accumulate phenylalanine. Preventing intellectual disability and serious health issues can be achieved by beginning treatment at a young age and continuing it throughout life.
The increased prevalence of phenylketonuria, the existence of medications in development, and growing public awareness of phenylketonuria are the main factors anticipated to propel the growth of the phenylketonuria market. Additionally, it is projected that the market for phenylketonuria will grow as a result of a rise in partnerships between the major market players and the growth and expansion of the healthcare sector. Major global players in Phenylketonuria Therapeutics Market are Daiichi Sankyo Company, Limited, Ajinomoto Cambrooke, Inc., American Gene Technologies, Ultragenyx Pharmaceutical, Nutricia, Homology Medicines, Inc., Reckitt Benckiser Group plc, Abbott, Travere Therapeutics, Inc., Synlogic, Promin., Som Biotech, S.L. Healthcare, Synthetic Biologics, Inc., Nestlé, Codexis, BioMarin, Erytech Pharma.
Market Drivers
The increased prevalence of phenylketonuria, the existence of medications in development, and growing public awareness of phenylketonuria are the main factors anticipated to propel the growth of the phenylketonuria market during the forecast period. Additionally, it is projected that the market for phenylketonuria will grow as a result of a rise in partnerships between the major market players and the growth and expansion of the healthcare sector. The increased research and commercialization of new medications as well as advancements in the healthcare sector will also provide favourable prospects for the expansion of the phenylketonuria market in the years to come.
Market Restraints
The phenylketonuria industry is also being constrained by rising treatment prices and stringent government regulations. However, in the near future, there may be further barriers to the growth of the phenylketonuria market due to the lack of knowledge among patients and physicians.
Key players
BioMarin Pharmaceutical Shire Merck & Co. Pfizer Teva Pharmaceutical Industries BioMarin Pharmaceutical Shire Merck & Co. Pfizer Teva Pharmaceutical Industries1. 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
By Type
By Drugs
By Therapy
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