Global Hyperoxaluria Drug Market 2020-2026 Refreshing Trends || Major Giants – Allena Pharmaceuticals, Inc, Intellia Therapeutics, Inc, OxThera
“Global Hyperoxaluria Drug Market–Industry Trends and Forecast to 2027” New Research Report Added to Databridgemarketresearch.com database. The report width Of pages : 350 Figures: 60 And Tables: 220 in it. Hyperoxaluria Drug Market report makes available an overview of the industry which is gaining momentum in the last few years. The market report uses a range of steps for collecting, recording, analysing and interpreting market data to make this report all-inclusive. It also offers an outline of the industry that might promote interest among prospective investors, large corporations and everyday users who could participate in the next big opportunity or make their lives just a little easier. The Hyperoxaluria Drug Market report comprises of the list of leading competitors, strategic industry analysis and the insights of key factors influencing the industry.
The Global Hyperoxaluria Drug Market survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. The report contains a chapter on the Global Hyperoxaluria Drug Market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. Moreover, this report also solves the purpose of validating the information that has been gathered through internal or primary research. The Global Hyperoxaluria Drug Market report makes your organization armed with data and information generated by sound research methods.
Global Hyperoxaluria drug market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Emergence of drugs used to treat risk associated with hyperoxaluria and high demand of disease specific novel therapies are the key factors that fueling the market growth.
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Key Market Players:
Few of the major competitors currently working in the global hyperoxaluria drug market are Allena Pharmaceuticals, Inc, Intellia Therapeutics, Inc, OxThera, Dicerna Pharmaceuticals, Inc, Alnylam Pharmaceuticals, Inc, Pfizer Inc, Sanofi and others.
Competitive Analysis:
Global hyperoxaluria drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global hyperoxaluria drug market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Hyperoxaluria Drug Market
Hyperoxaluria is an ultra-rare metabolic disorder characterized by excessive oxalate production results in the deposition of calcium oxalate crystals in the kidneys and urinary tract and can lead to the formation of painful and recurrent kidney stones and nephrocalcinosis.
According to the statistics published by the U.S. Department of Health & Human Services, it is estimated up to 1 in every 58,000 individuals worldwide is affected by primary hyperoxaluria. Growing government support and rise in special designation from the regulatory authorities is driving the market growth.
Market Drivers
- Increase in special designation from the regulatory authority is propelling the growth of this market
- Huge financial support to the researchers for developing novel intervention is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- The competitive scenario of market and strategic collaborations may boost the market position
Market Restraints
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
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Segmentation: Global Hyperoxaluria Drug Market
By Type
- Primary Hyperoxaluria
- Secondary Hyperoxaluria
By Genes Type
- AGXT
- GRHPR
- Others
By Treatment
- Medication
- Surgery
By Drugs
- Calcium Oxalate Urinary Inhibitors
- Orthophosphate
- Magnesium
- Thiazide Diuretics
- Others
By Route of Administration
- Oral
- Injectable
By End Users
- Hospitals
- Homecare
- Specialty Clinics
- Others
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Key Developments in the Market:
- In April 2019, Alnylam Pharmaceuticals, Inc has initiated the ILLUMINATE-B phase III clinical trial on pediatric patients of lumasiran, glycolate oxidase inhibitor for the treatment of primary hyperoxaluria type 1. Lumasiran received the FDA and EU Orphan Drug Designations, a Breakthrough Therapy Designation from the FDA and a Priority Medicines (PRIME) designation from the European Medicines Agency (EMA). If trial successful, it will be the first FDA approved drug for the treatment of hyperoxaluria which will greatly enhance the company’s business portfolio in the therapeutic area of metabolic disorder.
- In July 2019, Dicerna Pharmaceuticals, Inc received Breakthrough Therapy designation from the FDA for its lead candidate DCR-PHXC next-generation RNAi-based therapy for the treatment of all types of primary hyperoxaluria. With this designation enables the company to accelerate the development process which helps patients to have access on the treatment as quickly as possible.
Reasons to Purchase this Report
- Current and future of global hyperoxaluria drug market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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