What is Wilson's Disease Treatment Market Scope?
Wilson's disease is a genetic disorder caused by the loss of function of the copper-binding ATP7B protein, which leads to impairment of copper transport and excretion. This leads to an accumulation of free copper in the bloodstream, which leads to damage to the liver, brain, and other organs. Because Wilson's disease is difficult to distinguish from other serious hepatic or neurological disorders that result in fewer patients being diagnosed than the actual prevalence of Wilson's disease. Wilson disease is characterized by the degree of free copper accumulation in the liver and brain. While patients with Wilson's disease may either be asymptomatic or have one or more clinical symptoms that may vary in type and severity, including liver disease, neurological manifestations, and psychiatric disorders. Symptoms of Wilson's disease can include abdominal pain, loss of appetite, fatigue, jaundice, problems with language, swallowing, or physical coordination, and uncontrolled movements or muscle stiffness. Wilson disease is suspected in people ages 3 to 60, while the chance that a child will inherit the autosomal recessive mutation from both parents by gene mutation is 25% or one of four ratios.
The Wilson's Disease Treatment market study is being classified by Type (Medication [Trientine, Penicillamine, Zinc Acatate] and Surgery), by Application (Hospitals, Specialty Clinics and Diagnostic Laboratories) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Wilson's Disease Treatment market throughout the predicted period.
Valeant Pharmaceuticals International Inc. (United States), Tsumura & Co (Japan), Kadmon Holdings, Inc. (United States), Merck & Co. (United States), Bausch Health Companies Inc. (United States), VHB Life Science Inc. (India), Teva Pharmaceuticals USA, Inc. (United States), Wilson's Therapeutics AB (Sweden), Noble Pharma Co., Ltd (Japan), Granules India Limited (India) and Wilson Drugs and Pharmaceuticals Private Limited (India) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Wilson's Disease Treatment market by Type, Application and Region.
On the basis of geography, the market of Wilson's Disease Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On December 3, 2020, Granules India announced that the U.S. Food & Drug Administration (US FDA) had approved the Abbreviated New Drug Application (ANDA ) has approved USP, 250 mg. It is bioequivalent to the drug (RLD) Cuprimine from Bausch Health Americas listed in the reference list. The product is manufactured at the Chantilly, Virginia, granules facility and is expected to be launched shortly. Penicillamine capsules are hereby used for the treatment of Wilson's disease and cystinuria.
Influencing Market Trend
- Rising Demand for Rapid Diagnosis and Better Treatment
- Increasing the Implementation of Patient Assistance Programs
- Supportive Regulatory Environment Provided by the USFDA for Drugs Employed in Treatment of Wilsonís Disease
- Rapid Growth in Aging Population
- Increase in Healthcare Expenditure
- An Upsurge in Highly Health Conscious People
- Increase In Awareness Regarding Wilsonís Disease
- Rapid Advancements in Technology Allowing For Early Detection
- Growing Investment by Market Players
- High Treatment Costs Due To Complications
- Less Awareness Regarding the Symptoms of Wilsonís Disease
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Providers of Wilson's Disease Treatment, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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