Urea cycle disorder market Emerging Trends, Demand, Growth by Key Players and Forecast 2030
The global Urea cycle disorder market is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are increase in the number of products in the pipeline for treatment and rising prevalence of urea cycle disorders.
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Major Companies in the Market Include:
- Bausch Health Companies, Inc.
- Recordati Rare Diseases Inc.
- Lucane Pharma SA
- Acer Therapeutics
- Ultragenyx Pharmaceutical Inc.
- Aeglea BioTherapeutics
- Arcturus Therapeutics Holdings Inc.
- Orpharma Pty Ltd
- Selecta Biosciences, Inc.
- Abbott Laboratories
- NESTLE S.A.
- DANONE S.A
- Mead Johnson & Company
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Major Drivers of the Global Urea Cycle Disorder Market Growth:
Increasing Prevalence of Urea Cycle Disorder:
The prevalence of urea cycle disorders is on the rise, with statistics from the National Library of Medicine indicating a rate of 1 in 35,000 live births in the U.S., equivalent to approximately 113 new cases annually. A similar incidence in EU member states could lead to an additional 149 patients per year. The incorporation of newborn screening for arginosuccinate synthetase and lyase deficiency is expected to positively impact these prevalence calculations.
Factors Impeding Growth of the Global Urea Cycle Disorder Market:
Lack of Diagnosis and Treatment Alternatives:
The market faces challenges due to a shortage of available diagnosis and treatment options, hindering revenue growth. Additionally, a scarcity of qualified professionals and the absence of reimbursement policies in developing countries contribute to the constraints on the global market for urea cycle disorder treatment.
Opportunities in the Global Urea Cycle Disorder Market:
Improving Healthcare Quality:
There is a pressing need to enhance healthcare quality, presenting an opportunity for participants in the urea cycle disorder market to contribute to advancements in patient care.
Rising Incidence of Genetic Diseases:
The increasing incidence of genetic diseases offers prospects for growth in the market, as there is a growing demand for effective treatments for urea cycle disorders.
Development of Novel Technologies for Diagnosis:
The advancement of novel diagnostic technologies represents a significant opportunity for innovation in the urea cycle disorder market, offering improved methods for identification and treatment.
Presence of Major Companies:
The market benefits from the presence of major companies, fostering an environment conducive to collaboration and development.
Demand for Novel Drug Development:
The demand for the development of novel drugs to treat urea cycle disorders creates lucrative opportunities for players operating in the market.
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