PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1664209
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1664209
Enzyme Replacement Therapy Market Introduction and Overview
According to SPER market research, 'Global Enzyme Replacement Therapy Market Size- By Enzyme Type, By Indication, By Route of Administration, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Enzyme Replacement Therapy Market is predicted to reach 25.7 billion by 2034 with a CAGR of 9.25%.
Enzyme replacement therapy (ERT) is used to replace a missing or defective enzyme in a person suffering from hereditary enzyme deficiency syndrome. It restores the patient's depleted enzymes via the intravenous (IV) or oral route of delivery. People widely accept the IV approach, which involves injecting the replacement enzyme straight into the bloodstream via a regulated trickle of fluids.
Restraints: The high cost of therapy is a key barrier to the enzyme replacement therapy business, affecting patients, healthcare systems, and pharmaceutical companies. While ERTs have proven to be beneficial in treating rare genetic illnesses and enzyme deficiencies, their high cost presents a hurdle. These medicines' high cost can present barriers to access, particularly for patients without adequate insurance coverage or in regions with limited healthcare resources.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered Analysis By Enzyme Type, By Indication, By Route of Administration, By End User.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Shire Plc, Sanofi S.A, Biomarin Pharmaceutical Inc, AbbVie, Alexion Pharmaceuticals Inc, Allergan plc, Horizon Pharma Public Limited Company, Actelion (Janssen), Recordati Rare Diseases, Protalix Biotherapeutics.
Enzyme Replacement Therapy Market Segmentation:
By Enzyme Type: Based on the Enzyme Type, Global Enzyme Replacement Therapy Market is segmented as; Imiglucerase, Agalsidase beta, Taliglucerase, Velaglucerase alfa, Laronidase, Alglucosidase alfa, Galsulfase, Idursulfase, Pancreatic enzymes, Pegademase, Other enzyme types.
By Indication: Based on the Indication, Global Enzyme Replacement Therapy Market is segmented as; Gaucher disease, Fabry disease, Pompe disease, Plasma cell disorders, SCID, Mucopolysaccharidosis, MPS I Hurler, Hurler Scheie and Scheie, MPS II Hunter, MPS III Sanfilippo, Other mucopolysaccharidosis, other indications.
By Route of Administration: Based on the Route of Administration, Global Enzyme Replacement Therapy Market is segmented as; Parenteral, Oral.
By End-User: Based on the End User, Global Enzyme Replacement Therapy Market is segmented as; Hospitals, Infusion centers, other end-users.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.