
Huntington Disease Treatment Market, Size, Share, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Company Analysis
Description
Huntington Disease Treatment Market, Size, Share, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Company Analysis
Global Huntington's disease Treatment Market will reach US$ 1,458.83 Million by 2027. Huntington's Disease (HD) is a hereditary neurodegenerative disease driven by an expansion of a repeating CAG triplet series in the huntingtin gene (HTT) on chromosome 4, which results in a protein with an abnormally long polyglutamine sequence. Moreover, HD is one of a more prominent family of polyglutamine repeat diseases, all of which are neurodegenerative diseases. It is inherited in an autosomal dominant fashion so that each child of an affected parent has a 50% chance of developing the disorder.
Trends Shaping the Global Huntington's Disease Treatment Market Size:
Globally, the rising prevalence of rare genetic disorders amongst the metropolitan population has grown the incidence of Huntington's disease, with key healthcare stakeholders like Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies, and others attempting to discover novel medicinal approaches, providing a platform for manufacturers to expand their influence in the global market.
However, due to the global COVID-19, the Huntington's disease treatment market's growth rate slowed from 2019-2020. Online pharmacies' distribution channel was selling off-label drugs to manage HD symptoms during the pandemic, such as antidepressants, antipsychotics, and anticonvulsants. As a result of the government-imposed lockdown, clinical trials were postponed during the COVID-19 pandemic.
Besides, the market is anticipated to grow between 2022 and 2023. As of 2021, most hospitals and clinics globally reported increased clinical visits for HD treatment. Ingrezza's has developed its label to include chorea associated with Huntington's disorder. Owning to the increased incidence of HD in western countries. These are expected to be significant market drivers.As per our analysis, Global Huntington's Disease Treatment Market Size is Expanding at a CAGR of 23.81% During 2021-2027.
Global Huntington's disease Treatment Industry was US$ 405.03 Million in 2021:
Based on Treatment Type, the symptomatic treatment segment holds the significant market share. This growth is because of the availability of symptom management products and patent protection for these products. Xenazine and Austedo are assessed as first-line therapy for chorea linked with Huntington's disease. The R&D of potential product candidates for symptom management of Huntington's disease may contribute to segment growth. In October 2021, the U.S. FDA approved orphan drug designation for SOM BIOTECH's drug SOM3355 to treat chorea associated with Huntington's condition. As a result, the product has exclusivity for 7 years upon U.S. FDA approval.
Geographically, North America holds the dominant market in the Huntington's disease treatment market:
In North America, there is a massive demand for Huntington's disease treatment due to the increased burden of the disease, technological advancements, increased healthcare expenditure, proactive government initiatives, and raised patient awareness about treatment products for Huntington's disease.
Similarly, in the Asia Pacific, Huntington's disease treatment market is anticipated to witness significant growth over the coming year due to untapped potential, increased product penetration, and the growing preponderance of the disease in emerging countries over the forecast period. An increasing number of initiatives being undertaken by governments to improve the population's health status is anticipated to drive the growth of the HD treatment market in the region.
Key Players and Market Share Insights:
Key players like Pfizer Inc, Bausch Health Cos, Dr. Reddy's Laboratories, H Lundbeck, Hikma Pharmaceuticals Plc, Sun Pharmaceutical Industries Limited, Lupin Ltd., and Alnylam Pharmaceuticals are contributing to market development by adopting various strategies like new product launches and partnerships to gain higher market revenue.
Renub Research report titled “Global Huntington’s Disease Treatment Market by Treatment Type (Symptomatic Therapy and Disease-modifying Therapy), Drug Type (Antidopaminergic, Anticonvulsants, Antipsychotics, Antidepressants), End-User (Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies, Others), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Company Analysis (Pfizer Inc, Bausch Health Cos, Dr Reddy's Laboratories, H Lundbeck, Hikma Pharmaceuticals Plc, Sun Pharmaceutical Industries Limited, Lupin Ltd. and Alnylam Pharmaceuticals)” provides a complete analysis of Global Huntington’s Disease Treatment Industry.
Treatment Type – the Market has been covered from 2 viewpoints:
1. Symptomatic Therapy
2. Disease-modifying Therapy
Drug Type – the Markethas been covered from 4 viewpoints:
1. Antidopaminergic
2. Anticonvulsants
3. Antipsychotics
4. Antidepressants
End User – the Market has been covered from 4 viewpoints:
1. Hospital Pharmacies
2. Specialty Pharmacies
3. Retail Pharmacies
4. Others
Region – the Market has been covered from 5 viewpoints:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa
Company Insights:
• Overview
• Recent Development
• Revenue
Company Analysis:
1. Pfizer Inc
2. Bausch Health Cos
3. Dr Reddy's Laboratories
4. H Lundbeck
5. Hikma Pharmaceuticals Plc
6. Sun Pharmaceutical Industries Limited
7. Lupin Ltd.
8. Alnylam Pharmaceuticals
Global Huntington's disease Treatment Market will reach US$ 1,458.83 Million by 2027. Huntington's Disease (HD) is a hereditary neurodegenerative disease driven by an expansion of a repeating CAG triplet series in the huntingtin gene (HTT) on chromosome 4, which results in a protein with an abnormally long polyglutamine sequence. Moreover, HD is one of a more prominent family of polyglutamine repeat diseases, all of which are neurodegenerative diseases. It is inherited in an autosomal dominant fashion so that each child of an affected parent has a 50% chance of developing the disorder.
Trends Shaping the Global Huntington's Disease Treatment Market Size:
Globally, the rising prevalence of rare genetic disorders amongst the metropolitan population has grown the incidence of Huntington's disease, with key healthcare stakeholders like Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies, and others attempting to discover novel medicinal approaches, providing a platform for manufacturers to expand their influence in the global market.
However, due to the global COVID-19, the Huntington's disease treatment market's growth rate slowed from 2019-2020. Online pharmacies' distribution channel was selling off-label drugs to manage HD symptoms during the pandemic, such as antidepressants, antipsychotics, and anticonvulsants. As a result of the government-imposed lockdown, clinical trials were postponed during the COVID-19 pandemic.
Besides, the market is anticipated to grow between 2022 and 2023. As of 2021, most hospitals and clinics globally reported increased clinical visits for HD treatment. Ingrezza's has developed its label to include chorea associated with Huntington's disorder. Owning to the increased incidence of HD in western countries. These are expected to be significant market drivers.As per our analysis, Global Huntington's Disease Treatment Market Size is Expanding at a CAGR of 23.81% During 2021-2027.
Global Huntington's disease Treatment Industry was US$ 405.03 Million in 2021:
Based on Treatment Type, the symptomatic treatment segment holds the significant market share. This growth is because of the availability of symptom management products and patent protection for these products. Xenazine and Austedo are assessed as first-line therapy for chorea linked with Huntington's disease. The R&D of potential product candidates for symptom management of Huntington's disease may contribute to segment growth. In October 2021, the U.S. FDA approved orphan drug designation for SOM BIOTECH's drug SOM3355 to treat chorea associated with Huntington's condition. As a result, the product has exclusivity for 7 years upon U.S. FDA approval.
Geographically, North America holds the dominant market in the Huntington's disease treatment market:
In North America, there is a massive demand for Huntington's disease treatment due to the increased burden of the disease, technological advancements, increased healthcare expenditure, proactive government initiatives, and raised patient awareness about treatment products for Huntington's disease.
Similarly, in the Asia Pacific, Huntington's disease treatment market is anticipated to witness significant growth over the coming year due to untapped potential, increased product penetration, and the growing preponderance of the disease in emerging countries over the forecast period. An increasing number of initiatives being undertaken by governments to improve the population's health status is anticipated to drive the growth of the HD treatment market in the region.
Key Players and Market Share Insights:
Key players like Pfizer Inc, Bausch Health Cos, Dr. Reddy's Laboratories, H Lundbeck, Hikma Pharmaceuticals Plc, Sun Pharmaceutical Industries Limited, Lupin Ltd., and Alnylam Pharmaceuticals are contributing to market development by adopting various strategies like new product launches and partnerships to gain higher market revenue.
Renub Research report titled “Global Huntington’s Disease Treatment Market by Treatment Type (Symptomatic Therapy and Disease-modifying Therapy), Drug Type (Antidopaminergic, Anticonvulsants, Antipsychotics, Antidepressants), End-User (Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies, Others), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Company Analysis (Pfizer Inc, Bausch Health Cos, Dr Reddy's Laboratories, H Lundbeck, Hikma Pharmaceuticals Plc, Sun Pharmaceutical Industries Limited, Lupin Ltd. and Alnylam Pharmaceuticals)” provides a complete analysis of Global Huntington’s Disease Treatment Industry.
Treatment Type – the Market has been covered from 2 viewpoints:
1. Symptomatic Therapy
2. Disease-modifying Therapy
Drug Type – the Markethas been covered from 4 viewpoints:
1. Antidopaminergic
2. Anticonvulsants
3. Antipsychotics
4. Antidepressants
End User – the Market has been covered from 4 viewpoints:
1. Hospital Pharmacies
2. Specialty Pharmacies
3. Retail Pharmacies
4. Others
Region – the Market has been covered from 5 viewpoints:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa
Company Insights:
• Overview
• Recent Development
• Revenue
Company Analysis:
1. Pfizer Inc
2. Bausch Health Cos
3. Dr Reddy's Laboratories
4. H Lundbeck
5. Hikma Pharmaceuticals Plc
6. Sun Pharmaceutical Industries Limited
7. Lupin Ltd.
8. Alnylam Pharmaceuticals
Table of Contents
130 Pages
- 1. Introduction
- 2. Research & Methodology
- 3. Executive Summary
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
- 5. Global Huntington’s Disease Treatment Market
- 6. GlobalHuntington’s Disease Treatment Market - Share Analysis
- 6.1 By Treatment Type
- 6.2 By Drug Type
- 6.3 By End User
- 6.4 By Region
- 7. Global Huntington’s Disease Treatment Market– By Treatment Type
- 7.1 Symptomatic Therapy
- 7.2 Disease-modifying Therapy
- 8. Global Huntington’s Disease Treatment Market– By Drug Type
- 8.1 Antidopaminergic
- 8.2 Anticonvulsants
- 8.3 Antipsychotics
- 8.4 Antidepressants
- 9. Global Huntington’s Disease Treatment Market– By End User
- 9.1 Hospital Pharmacies
- 9.2 Specialty Pharmacies
- 9.3 Retail Pharmacies
- 9.4 Others
- 10. Global Huntington’s Disease Treatment Market– By Region
- 10.1 North America
- 10.2 Europe
- 10.3 Asia Pacific
- 10.4 Latin America
- 10.5 Middle East & Africa
- 11. Porters Five Forces
- 11.1 Bargaining Power of Buyers
- 11.2 Bargaining Power of Suppliers
- 11.3 Degree of Competition
- 11.4 Threat of New Entrants
- 11.5 Threat of Substitutes
- 12. Key Players
- 12.1 Pfizer Inc.
- 12.1.1 Overview
- 12.1.2 Recent Development
- 12.1.3 Revenue
- 12.2 Bausch Health Cos
- 12.2.1 Overview
- 12.2.2 Recent Development
- 12.2.3 Revenue
- 12.3 Dr Reddy's Laboratories
- 12.3.1 Overview
- 12.3.2 Recent Development
- 12.3.3 Revenue
- 12.4 H Lundbeck
- 12.4.1 Overview
- 12.4.2 Recent Development
- 12.4.3 Revenue
- 12.5 Hikma Pharmaceuticals Plc
- 12.5.1 Overview
- 12.5.2 Recent Development
- 12.5.3 Revenue
- 12.6 Sun Pharmaceutical Industries Limited
- 12.6.1 Overview
- 12.6.2 Recent Development
- 12.6.3 Revenue
- 12.7 Lupin Ltd.
- 12.7.1 Overview
- 12.7.2 Recent Development
- 12.7.3 Revenue
- 12.8 Alnylam Pharmaceuticals
- 12.8.1 Overview
- 12.8.2 Recent Development
- 12.8.3 Revenue
- List of Figures:
- Figure-01: Global – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-02: Global – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-03: Treatment Type – Symptomatic Therapy Market (Million US$), 2016 – 2021
- Figure-04: Treatment Type – Forecast for Symptomatic Therapy Market (Million US$), 2022 – 2027
- Figure-05: Treatment Type – Disease-modifying Therapy Market (Million US$), 2016 – 2021
- Figure-06: Treatment Type – Forecast for Disease-modifying Therapy Market (Million US$), 2022 – 2027
- Figure-07: Drug Type – Antidopaminergic Market (Million US$), 2016 – 2021
- Figure-08: Drug Type – Forecast for Antidopaminergic Market (Million US$), 2022 – 2027
- Figure-09: Drug Type – Anticonvulsants Market (Million US$), 2016 – 2021
- Figure-10: Drug Type – Forecast for Anticonvulsants Market (Million US$), 2022 – 2027
- Figure-11: Drug Type – Antipsychotics Market (Million US$), 2016 – 2021
- Figure-12: Drug Type – Forecast for Antipsychotics Market (Million US$), 2022 – 2027
- Figure-13: Drug Type – Antidepressants Market (Million US$), 2016 – 2021
- Figure-14: Drug Type – Forecast for Antidepressants Market (Million US$), 2022 – 2027
- Figure-15: End User – Hospital Pharmacies Market (Million US$), 2016 – 2021
- Figure-16: End User – Forecast for Hospital Pharmacies Market (Million US$), 2022 – 2027
- Figure-17: End User – Specialty Pharmacies Market (Million US$), 2016 – 2021
- Figure-18: End User – Forecast for Specialty Pharmacies Market (Million US$), 2022 – 2027
- Figure-19: End User – Retail Pharmacies Market (Million US$), 2016 – 2021
- Figure-20: End User – Forecast for Retail Pharmacies Market (Million US$), 2022 – 2027
- Figure-21: End User – Others Market (Million US$), 2016 – 2021
- Figure-22: End User – Forecast for Others Market (Million US$), 2022 – 2027
- Figure-23: North America – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-24: North America – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-25: Europe – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-26: Europe – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-27: Asia Pacific – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-28: Asia Pacific – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-29: Latin America – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-30: Latin America – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-31: Middle East & Africa – Huntington’s Disease Treatment Market (Million US$), 2016 – 2021
- Figure-32: Middle East & Africa – Forecast for Huntington’s Disease Treatment Market (Million US$), 2022 – 2027
- Figure-33: Pfizer Inc. – Global Revenue (Million US$), 2016 – 2021
- Figure-34: Pfizer Inc. – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-35: Bausch Health Cos – Global Revenue (Million US$), 2016 – 2021
- Figure-36: Bausch Health Cos – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-37: Dr Reddy's Laboratories – Global Revenue (Million US$), 2016 – 2021
- Figure-38: Dr Reddy's Laboratories – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-39: H Lundbeck – Global Revenue (Million US$), 2016 – 2021
- Figure-40: H Lundbeck – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-41: Hikma Pharmaceuticals Plc – Global Revenue (Million US$), 2016 – 2021
- Figure-42: Hikma Pharmaceuticals Plc – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-43: Sun Pharmaceutical Industries Limited – Global Revenue (Million US$), 2016 – 2021
- Figure-44: Sun Pharmaceutical Industries Limited – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-45: Lupin Ltd. – Global Revenue (Million US$), 2016 – 2021
- Figure-46: Lupin Ltd. – Forecast for Global Revenue (Million US$), 2022 – 2027
- Figure-47: Alnylam Pharmaceuticals – Global Revenue (Million US$), 2016 – 2021
- Figure-48: Alnylam Pharmaceuticals – Forecast for Global Revenue (Million US$), 2022 – 2027
- List of Tables:
- Table-01: Global – Huntington’s Disease Treatment Market Share by Treatment Type (Percent), 2016 – 2021
- Table-02: Global – Forecast for Huntington’s Disease Treatment Market Share by Treatment Type (Percent), 2022 – 2027
- Table-03: Global – Huntington’s Disease Treatment Market Share by Drug Type (Percent), 2016 – 2021
- Table-04: Global – Forecast for Huntington’s Disease Treatment Market Share by Drug Type (Percent), 2022 – 2027
- Table-05: Global – Huntington’s Disease Treatment Market Share by End-User (Percent), 2016 – 2021
- Table-06: Global – Forecast for Huntington’s Disease Treatment Market Share by End-User (Percent), 2022 – 2027
- Table-07: Global – Huntington’s Disease Treatment Market Share by Region (Percent), 2016 – 2021
- Table-08: Global – Forecast for Huntington’s Disease Treatment Market Share by Region (Percent), 2022 – 2027
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