Mediation To Possess 43% Market Share for Congenital Adrenal Hyperplasia Treatment Market | FMI Study
During the forecast period 2023 to 2033, the Congenital Adrenal Hyperplasia treatment market is expected to grow at a value of 8.1% CAGR, according to Future Market Insights. By the year 2033, the global market for Congenital Adrenal Hyperplasia treatment is expected to rise up to a market valuation of US$ 892 Million. Growth of the market can be attributed to increased awareness of the condition, improvements in diagnosis and screening, and advances in medical research and development.
One of the key drivers of growth in the CAH treatment market is the development of new and innovative medications. In recent years, several pharmaceutical companies have made significant strides in the development of new treatments for CAH, including Neurocrine Biosciences, Diurnal Limited, Spruce Biosciences, and Millendo Therapeutics.
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Another key driver of growth in the CAH treatment market is increased awareness and screening for the condition. With better screening and diagnosis, more individuals with CAH can be identified and treated early, which can improve outcomes and prevent complications. Advances in genetic testing and newborn screening programs have made it easier to diagnose CAH in infants. All these factors are contributing to the growth of CAH treatment market.
Key Takeaways from the Market Study
- The Congenital Adrenal Hyperplasia treatment market is expected to grow at a value of 8.1% CAGR for the forecast period 2023 to 2033.
- By treatment, Mediation is expected to hold 43% of the market share in 2023 for Congenital Adrenal Hyperplasia treatment market.
- North America is expected to possess 45% market share for Congenital Adrenal Hyperplasia treatment market in 2023.
- Europe Congenital Adrenal Hyperplasia treatment market size is expected to possess 40% market share in 2023.
“There are several treatment options available for CAH, which can help to manage symptoms and improve overall quality of life. In addition, the invention of diagnostic tools too is favoring the growth of the market.” states an FMI analyst
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Competitive Landscape
Key players in the Congenital Adrenal Hyperplasia treatment are Neurocrine Biosciences, Diurnal Limited, Spruce Biosciences, Adrenas Therapeutics, Millendo Therapeutics, Emerge Health, Thermo Fisher Scientific, Adrenas Therapeutics, Inc., Alder Biopharmaceuticals, Inc and Zydus Lifesciences Ltd.
- Spruce Biosciences is a pharmaceutical company that is developing a medication called tildacerfont for the treatment of Congenital Adrenal Hyperplasia (CAH). Tildacerfont is a selective oral antagonist of the corticotropin-releasing hormone receptor 1 (CRH-R1) that is designed to reduce the overproduction of androgens in patients with CAH.
- Millendo Therapeutics lead product candidate for CAH is called livoletide, which is a synthetic analogue of the neuropeptide alpha-melanocyte-stimulating hormone (α-MSH). Livoletide is designed to target the melanocortin-4 receptor (MC4R) in the brain, which plays a key role in regulating the production of adrenal androgens.
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Congenital Adrenal Hyperplasia treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of Type (Classic Congenital Adrenal Hyperplasia and Non-classic Congenital Adrenal Hyperplasia) Treatment (Medication and Surgery), End-user (Hospitals, Pharmacies, Specialty Clinics) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)
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Key Segments Profiled in the Congenital Adrenal Hyperplasia Treatment Survey
Type:
- Classic Congenital Adrenal Hyperplasia
- Non-classic Congenital Adrenal Hyperplasia
Treatment:
- Medication
- Hormone Replacement Therapy
- Corticosteroid
- Glucocorticoids
- Salt Supplements
- Others
- Surgery
End-user:
- Hospitals
- Pharmacies
- Specialty Clinics
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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