PUBLISHER: Allied Market Research | PRODUCT CODE: 1239518
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239518
The global skeletal dysplasia market size accounted for $1,638.10 million in 2021, and is expected to reach $2,360.51 million by 2031, registering a CAGR of 3.7% from 2022 to 2031.
Skeletal dysplasia is a rare disease that has more than 450 types. The growth and development of cartilage and bone get affected by this disease. The level of severity of the disease varies from neutral lethality to growth different in adulthood. Skeletal dysplasia is complex to diagnosis, as it is rare disorder. Some of the major symptoms are deformities in the large head, slow growth, curved bones, short upper arms and thighs and joint pain or arthritis.
This disorder is prevalent in children and early treatment can help to create awareness. This disorder is result of defective genes, which are either mutated during the development of fetus or inherited from parents. The defense gene is most complex to identify. As a result, businesses are investing significantly in research and development to find a cure for this rare condition. It is estimated that skeletal dysplasia market is expected to experience significant market growth during the forecast period owing to the increasing pediatric population suffering from bone disorder, the launch of innovative technologies, a boost in healthcare expenditure, and higher government support. In addition, increase in investment by players in R&D and presence of robust pipeline candidates and rise in expenditure on the development of healthcare infrastructure which further facilitate the growth of the market. However, High cost of treatment is expected to impede the market growth. In contrast, surge in healthcare investments in public as well as private sectors are anticipated to provide significant growth opportunities for the skeletal dysplasia market.
The skeletal dysplasia market is segmented on the basis of type, treatment, distribution channel and region. On the basis of type, the market is bifurcated into morquio A syndrome, X-linked hypophosphatemia, hypophosphatasia and others. Depending on treatment, the market is classified into enzyme replacement therapy, human monoclonal antibody and others. By distribution channel, the market is classified into hospital pharmacies, drug stores and specialty pharmacies and online providers.
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The report provides a comprehensive analysis of the key players that operate in the global skeletal dysplasia market. The key companies profiled in the report include Amgen Inc., Ascendis Pharma a/s, AstraZeneca plc., Biomarin Pharmaceuticals Inc., Cipla Ltd, Eli Lilly and Company, F. Hoffmann-La Roche AG, Merck KGaA, Pfizer, Inc., and Teva Pharmaceutical Industries Ltd.