12 March 2021
Visiongain has published a new report on Amino Acid Metabolism Disorders Treatment Market Report to 2031: Forecasts by Product Type (Folic Acid, Vitamin B6&B12, Arginine, Thiamine, Vitamin D, Betaine, Sapropterin Dihydrochloride, and Carglumic Acid), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Stores) PLUS COVID-19 Recovery Scenarios.
Global Amino Acid Metabolism Disorders Treatment market size is projected to reach US$ XX Million in 2021 and is expected to display strong revenue growth through to 2031.
COVID-19 Impact on Amino Acid Metabolism Disorders Treatment Market
COVID-19 outbreak has affected over 200 countries globally. The pandemic has negatively impacted all the economies and industries. Similarly, the global amino acid metabolism disorders treatment market is estimated to take a hit. The target industry is now facing challenges to manage the interrupted demand and supply of medical components. Also, unpredictable and disturbing supply chain activities and the unavailability of human resources are anticipated to impact the target industry growth. Hence, the overall COVID-19 impact is expected to continue to moderate for the global key players operating in the industry.
Rising Prevalence of Chronic Diseases
Rising incidence and prevalence of Familial hypercholesterolemia, Gaucher disease, Hunter syndrome, Krabbe disease, Maple syrup urine disease, Metachromatic leukodystrophy, Mitochondrial encephalopathy, lactic acidosis, stroke-like episodes (MELAS), and Niemann-Pick are expected to be major driving factors for the growth of the amino acid metabolism disorders treatment market during the forecast period. According to the National Institutes of Health, approximately 1 in 185,000 infants suffer from maple syrup urine disease globally. The disease arises much more often in the Old Order Mennonite people, with an estimated occurrence of around 1 in 380 newborns.
Thereby, the rising high prevalence of chronic disorders demands proper treatment management to maximize patient outcomes. In turn, it is projected to attain substantial growth for the amino acid metabolism disorders treatment market in the given time frame.
Growing Awareness and Rising Spending in the Research & Development
The key factors pushing the growth of the amino acid metabolism disease treatment market are the prevalence of amino acid metabolism disorders around the world. Besides, increased disposable income in developing countries such as India and China and rising healthcare spending along with the growing acceptance of non-invasive treatment are also accelerating the growth of the amino acid metabolism disorders treatment market. Moreover, rising awareness among the population and the development of healthcare infrastructure are contributing to the target industry growth.
The rising research & development activities to develop ground-breaking and effective treatments for amino acid metabolism disorders are fuelling the target industry growth. In recent times, numerous methods have been advanced to help in the initial diagnosis and observation of amino acid metabolism disorders and related complications. These developments in amino acid metabolism disorders diagnosis have increased the number of patients detected with this illness and give better treatment options. Hence, it is expected to attain a noteworthy growth rate over the forecast period.
Rapidly Increasing Health Care Expenditure
Rising health expenditure per capita is accredited towards factors such as improving economic conditions in developing countries, greater access to competent emergency treatment. For instance, healthcare spending has increased drastically in the U.S. in the past few decades. As per the Journal of the American Medical Association (JAMA), healthcare expenditure in the U.S. upsurge near a trillion dollars between 1996 and 2015. The association told that healthcare expenditure in the U.S. during 2017 was around $3.5 trillion, i. e, $11,000 per person. These expenditures are projected to be $6 trillion—approximately $17,000 per person by 2027.
Key players operating in the global Amino Acid Metabolism Disorders Treatment market are Civentichem, LLC, Ltd., GlaxoSmithKline PLC, AMINO GmbH, Pfizer, Inc., Recordati S.p.A., Merck KGaA, Koninklijke DSM N.V., Shine Star (Hubei) Biological Engineering Co., Sanofi, and Kyowa Hakko Kirin Co., Ltd.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The pharma wholesale and distribution market was valued at US$511.80 billion in 2021 and is projected to grow at a CAGR of 7.84% during the forecast period 2022-2032.
29 September 2022
The mesenchymal stem cells market was valued at US$2.44 billion in 2021 and is projected to grow at a CAGR of 13.82% during the forecast period 2022-2032.
21 September 2022
The global advanced wound care management market is estimated to be valued at US$12,581.3 million in 2022. The market is projected to reach a market value of US$23,307.5 million by 2032 and is projected to grow at a CAGR of 6.36% during the forecast period 2022-2032.
16 September 2022
The gene therapy R&D market was valued at US$1,653.0 million in 2021 and is projected to grow at a CAGR of 30.1% during the forecast period 2022-2032.