PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493124
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493124
Asia Pacific Plasma Protease C1-Inhibitor Market is valued approximately at USD 787.98 million in 2023 and is anticipated to grow with a healthy growth rate of more than 19.48% over the forecast period 2024-2032. Plasma Protease C1-Inhibitor, also known as C1-INH or C1 esterase inhibitor, is a protein found in the blood that plays a crucial role in regulating the complement system and controlling inflammation. It is a natural inhibitor of several proteases, including C1s and C1r, which are part of the classical pathway of the complement system. By inhibiting these proteases, C1-INH helps to prevent excessive activation of the complement cascade and the generation of inflammatory mediators, thereby maintaining immune homeostasis and preventing tissue damage. The increasing adoption of biotechnology and precision medicine is a key trend supporting the growth of Asia Pacific Plasma Protease C1-Inhibitor Market during the forecast period 2024-2032. Targeted treatments for hereditary angioedema (HAE) and similar disorders are becoming increasingly popular as a result of developments in genetic testing, molecular diagnostics, and tailored therapy. This involves the use of medicines utilizing plasma protease C1 inhibitors that are customized to the unique profiles of each patient, leading to better treatment success and fewer adverse effects.
Asia Pacific region is witnessing significant growth in the Plasma Protease C1-Inhibitor Market, driven by several key factors including the increasing prevalence of Hereditary Angioedema (HAE) across Asia Pacific countries, creating a greater demand for effective treatment such as Plasma Protease C1-Inhibitors. Moreover, improvements in healthcare infrastructure and accessibility to specialized therapies are expanding the market's reach to a larger patient population. Enhanced awareness and higher diagnosis rates of HAE among healthcare professionals are also contributing to the market growth, resulting to a surge in demand for Plasma Protease C1-Inhibitor products. Furthermore, favorable regulatory policies and approvals, coupled with growing healthcare expenditure and investment in rare disease treatments, are creating a supportive environment for Plasma Protease C1-Inhibitor therapies in the Asia Pacific region. These driving factors collectively leverage various growth prospects for the Plasma Protease C1-Inhibitor Market. However, high price of esoteric testing procedures and stringent regulatory requirements is expected stifle market growth between 2022 and 2032.
The key countries considered for the Asia Pacific Plasma Protease C1-Inhibitor Market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue because the Chinese government provides treatment and awareness of rare illnesses as their highest priority. The market for C1 inhibitors is likely to be significantly impacted by policies that accelerate orphan drug applications as well as lower costs by increasing patient access to these drugs. Moreover, the growing awareness of Hereditary Angioedema (HAE), coupled with the rising focus on improving domestic healthcare are the further factors that are bolstering the regional market growth at a substantial rate. Whereas, the market in India is expected to rise at the fastest rate over the forecast period.