Congenital Adrenal Hyperplasia Treatment Market Size To Grow At A CAGR Of 7.75% In The Forecast Period Of 2023-2031
The ‘Global Congenital Adrenal Hyperplasia Treatment Market Share, Size, Trends, Price, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global congenital adrenal hyperplasia treatment market, assessing the market on the basis of its segments like diagnosis method, treatment method, therapeutic channel, and major region.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Congenital Adrenal Hyperplasia Treatment Market Price, Share, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2016-2031)
• Forecast CAGR (2023-2031): 7.75%
Increasing genetic abnormalities and congenital adrenal hyperplasia prevalence are driving the growth of the global congenital adrenal hyperplasia treatment market. By offering research funds, many government organisations are supporting manufacturers’ efforts in research and development. The expansion of the global market has been further fuelled by the rising demand for improved care and increased support by various government.
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The amniocentesis diagnosis method is anticipated to have a leading share in the global market for congenital adrenal hyperplasia treatment. In amniocentesis, a sample of the amniotic fluid surrounding the unborn child is extracted by the physician. Numerous genetic diseases, including Huntington’s disease, Down syndrome, sickle cell disease, Edward’s syndrome, Tay-Sachs disease, and cystic fibrosis, can be detected by the test. The test is widely used throughout many healthcare facilities because of its excellent dependability, increasing the diagnosis of congenital adrenal hyperplasia and demands for treatment.
The rise in the inclination for non-invasive and minimally invasive diagnostic treatments and an increase in the pregnancy rate are contributing to the global congenital adrenal hyperplasia treatment market expansion. The segment is further anticipated to grow as a result of extensive research and development by key companies across the world to introduce needle technology with the highest level of safety and precision.
Congenital Adrenal Hyperplasia Treatment Industry Definition and Major Segments
Congenital adrenal hyperplasia (CAH) refers to a group of hereditary disorders affecting the adrenal glands, a pair of walnut-sized organs situated above the kidneys. A 21-hydroxylase enzyme deficiency is the most typical cause of CAH. Adrenal glands manufacture hormones needed by the body, such as mineralocorticoids, cortisol, and androgens, and disorders affecting them can have multiple complications. Treatments depends upon type of CAH, presence of symptoms, and hormones influenced.
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Based on diagnosis method, the market is segmented into:
• Prenatal Testing
o Chorionic Villus Sampling
• Physical Exam
• Blood and Urine Tests
• Genetic Testing
On the basis of treatment method, the market is divided into:
• Physical Exams
• Reconstructive Surgery
Based on therapeutic channel, the market is bifurcated into:
On the basis of region, the market is divided into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Congenital Adrenal Hyperplasia Treatment Market Trends
The key trends influencing the expansion of the global congenital adrenal hyperplasia treatment market included the increases support and financing of various governments, as well as joint research with major pharmaceutical companies. Governments are also providing funds and support to increase the number of highly qualified surgeons. As a result, more hospitals are providing surgeries and other medical care for the treatment of congenital adrenal hyperplasia.
Throughout the forecast period, North America is anticipated to lead the global congenital adrenal hyperplasia treatment market. The sizeable patient population, rising prevalence of congenital adrenal hyperplasia, and the robust backing for research and development by governments in the region are contributing to the market growth in North America. The well-established hospital network and healthcare system in North America are also able to support the rise in demand for congenital adrenal hyperplasia treatments.
Key Market Players
The major players in the global congenital adrenal hyperplasia treatment market report are:
- Neurocrine Bioscience
- Johnson and Johnson
- Zydus Lifesciences Ltd.
- GSK plc
- BridgeBio, Inc.
- Millendo Therapeutics, Inc.
- Spruce Biosciences
- EffRx Pharmaceuticals
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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