Phenylketonuria Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Global Phenylketonuria Treatment Market: Snapshot
The phenylketonuria treatment market has been experiencing the rapid growth opportunities in the upcoming years. This market growth is on the back of growing number of phenylketonuria (PKU) disorder among people across the world. So, there arises the increasing demand for the solutions from the phenylketonuria treatment market.
PKU is a rare genetic disorder type, and it increases the level of phenylalanine in the blood. It results in creating various problems in the bodies of the victims. Mental or behavioral health problems, seizures, and developmental delays are some of the common problems associated with the phenylketonuria disorder. The reason for this disorder is the enzyme deficiency, named Phenylalanine hydroxylase (PAH). The key role of this enzyme is the conversion of phenylalanine into tyrosine. In order to cure or treat the patients of the PKU, the phenylketonuria treatment market is likely to experience significant expansion opportunities in the forthcoming years.
The phenylketonuria treatment market has been divided into drugs and nutrition supplements on the basis of product type. Between these two types, the nutrition supplements segment is projected to showcase prominent growth opportunities in the phenylketonuria treatment market. This market segment is growing due to its extensive prescription by the physicians. In addition to this, the specialized requirement of the diet during phenylketonuria treatment is anticipated to fuel growth opportunities in the Nutrition supplements segment from the phenylketonuria treatment market.
The research report prepared by the researchers from Transparency Market Research on the phenylketonuria treatment market provides thorough information about competitive landscape, growth opportunities, key drivers, and industry segments. In addition to this, the research report can also serve as the guideline for the key market players to get a competitive edge over other players.
Some medicines such as Kuvan, Playzig, and gene therapy are easily available in the phenylketonuria treatment market and helps to terminate the phenylketonuria symptoms. These medicines also reduce the chances of brain damage.
Global Phenylketonuria Treatment Market: Overview
The global phenylketonuria treatment market has witnessed a steadfast growth, owing to the rising number of people suffering from phenylketonuria (PKU) disorder. Although, it is a rare type of genetic disorder, which mainly increases the phenylalanine level in the blood, resulting problems throughout the victims’ bodies. The major problems associated with this phenylketonuria disorder include developmental delays, seizures, and behavioural or mental health problems. The predominant reason involved behind PKU is the deficiency of an enzyme, commonly known as Phenylalanine hydroxylase (PAH). This enzyme’s prime role is to convert phenylalanine to tyrosine. However, PKU is also caused by the defect in PAH’s co-factor, especially BH4.
From the perspective of products, the global phenylketonuria treatment market is bifurcated into nutrition supplements and drugs. Among these two, the nutrition supplements segment showcases a significant share in the global phenylketonuria treatment market, on account of being extensively prescribed by physicians coupled with a huge requirement of specialized diet at the time of the phenylketonuria treatment. The report thoroughly explains the segments, key drivers, opportunities, and competitive landscape of the global phenylketonuria treatment market. Moreover, the report could be true guideline for the major stakeholders in the global phenylketonuria treatment market.
Global Phenylketonuria Treatment Market: Notable Developments
Some of the developments which help in contouring the shape of the global phenylketonuria treatment market in a big way include:
Some of the most prominent competitors operating in the competitive landscape of global phenylketonuria treatment market include –
Global Phenylketonuria Treatment Market: Key Growth Drivers
A few factors triggering the growth of the global phenylketonuria treatment market in a positive way include:
Growing Research and Development of Novel Drugs to Boost Market
A few medications which respond positively in treating phenylketonuria include Playnziq, Kuvan, and gene therapy. These drugs help in terminating the symptoms of phenylketonuria and reduce the possibility of brain damage. Such factors positively influencing the growth of the global phenylketonuria treatment market. Phenylketonuria refers as an inherited genetic condition, predominantly caused due to a major defect in PAH gene. Elevated levels of phenylalanine in the blood cam occur, on account of the high intake of proteins such as meats and egg.
However, for a new-born to inherit phenylketonuria, both parents should pass on a defective PAH gene. If a timely treatment of phenylketonuria cannot take place for an infant, he/she may develop symptoms such as tremors, seizures, stunted growth, shaking, and hyperactivity. Therefore, soaring g demand for several effective treatments for phenylketonuria is further complementing to the growth of the global phenylketonuria treatment market.
Rising Awareness about Timely Treatment of Phenylketonuria Fillips Market
Growing prevalence of phenylketonuria across the globe acts as a major key driver in the global phenylketonuria treatment market. Numerous screening tests which are widely used for the diagnosis of phenylketonuria include immunoassay, bacterial inhibition assay, and mass spectroscopy analysis for amino acid. All these tests play an integral part in the treatment of phenylketonuria disorder, which in turn is also propelling expansion in the global phenylketonuria treatment market.
Furthermore, several other factors such as intensive research in the genomics field and increasing awareness regarding the timely treatment of phenylketonuria are responsible for triggering the growth of the global phenylketonuria treatment market. Besides this, rapid advancements in the global healthcare industry and rapidly changing lifestyle are also providing major growth impetus to the global phenylketonuria treatment market.
Global Phenylketonuria Treatment Market: Regional Outlook
On the regional front, North America is dominating over other regions in the global phenylketonuria treatment market, on account of the increasing number of advanced screening procedures. Along with this, burgeoning population suffering from phenylketonuria disorder and rapid technological advancements in the healthcare industry are also responsible for fueling growth in the phenylketonuria treatment in this region.
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