Lipoid Proteinosis Drug Market Key Market Dynamics, Drivers, Restraints, Opportunities, Future Trends, and Growth Outlook 2019-2026

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Market Analysis: Global Lipoid Proteinosis Drug Market

Global lipoid proteinosis drug market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the high prevalence of genetic disorders and the lack of any approved treatment options. Rising investment in the research & development of treatments for lipoid proteinosis is expected to drive the market.

Global Lipoid Proteinosis Drug Market By Mechanism of Action (Corticosteroids, Anticonvulsants, Retinoids and Others), Drugs (Acitretin, Prednisone, Dimethyl Sulfoxide and d-Penicillamine and Others), Diagnosis (Skin Biopsy, Electron Microscopy, MRI Scan), Treatment (Medications, Carbon Dioxide Laser Surgery and Dermabrasion), Route of Administration (Oral, Intravenous and Others), Distribution Channel (Online Pharmacy, Direct Tenders (Retailers and Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

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Market Definition: Global Lipoid Proteinosis Drug Market

Lipoid proteinosis is a very rare form of autosomal recessive genetic disorder which affects mainly skin and brain. It is also known as Urbach-Wiethe disease or hyalinosis cutis et mucosae. It is characterized by hoarseness in voice, skin disorder such as formation of papules or nodules over the skin and mucous membrane and it also damages the temporal lobes or hippocampus of the brain. Lipoid proteinosis is a very rare disease with approximately 400 cases reported till date. It is present all over the world, although Northern Cape province of South Africa, including Namaqualand reported with a higher frequency. It affects males and females equally.Market Drivers

·       High prevalence of genetic disorders across the world is driving the market growth

·       Rising investment in the research & development of treatments for lipoid proteinosis is expected to drive the market growth

·       Government initiative to increase awareness as well as to provide affordable healthcare is elevating the market growth

·       Increasing exposure to harmful radiation is spreading more diseases which can fuel the growth of this market

Market Restraints

·       Lack of awareness amongst people about lipoid proteinosis is hampering the market.

·       Lack of any approved drug or treatment option also restricts the growth of the market

·       High cost of treatment available for this disorder can also act as a market restraint

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Competitive Analysis:

Global lipoid proteinosis drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lipoid proteinosis drug market ­for Global Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players:

The key market players in the global lipoid proteinosis drug market­ are Bayer AG, Savara Inc, Biogen, AbbVie Inc, Gilead Sciences, Inc, Johnson & Johnson Services, Inc, Takeda Pharmaceutical Company Limited, Baxter, Merck & Co., Inc, Novo Nordisk A/S, Bristol-Myers Squibb Company, Kadmon Holdings, Inc, Sanofi, BioMarin, GlaxoSmithKline plc and others.

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Research Methodology: Global Lipoid Proteinosis Drug Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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Key Developments in the Market

·       In May 2019, Centogene AG is developing a new MS-based biomarker for the early and sensitive diagnosis of Hyaline fibromatosis syndrome from the blood associated with lipoid proteinosis. It will help in the early diagnosis of a disease with higher sensitivity and specificity

·       In April 2019, Asahi Kasei Corporation is developing AK1820 (isavuconazonium sulfate) in Japan for the treatment of deep mycosis and associated symptoms of lipoid proteinosis, it is currently under phase lll clinical trial and it works by inhibiting CYP51 and shows broad-spectrum antifungul activity. This drug will help in the mycosis treatment in those patients who are resistant or intolerant to amphotericin B

Reasons to Purchase this Report

·       Current and future of global lipoid proteinosis drug market outlook in the developed and emerging markets.

·       The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

·       Regions/Countries that are expected to witness the fastest growth rates during the forecast period.

·       The latest developments, market shares, and strategies that are employed by the major market players.

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