Enzyme replacement therapy is the process of replacement of enzymes with artificial enzymes in patients who are suffering from deficiency of enzymes. It involves intravenous (IV) infusions to correct the underlying enzyme deficiency.
Rising prevalence of rare disease is of the major factor driving the market growth. For instance, According to, Genetic and Rare Diseases Information Center the total number of Americans living with a rare disease is estimated at between 25-30 million. Moreover, growing demand for enzyme replacement therapy due to less side effects will further augment the market growth. However, alternate treatment options may impede the market growth.
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The Global Enzyme Replacement Therapy Market is segmented on the basis of enzyme type and therapeutic conditions. On the basis of enzyme type, market can be classified as pegademase, velaglucerase alfa, agalsidase beta, imiglucerase, taliglucerase, laronidase, alglucosidase alfa, galsulfase, idursulfase, pancreatic enzymes, and other enzymes. Based on therapeutic conditions, the market is divided into gaucher’s disease, fabry’s disease, pompe’s disease, SCID, MPS, and others
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Enzyme Replacement Therapy Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Enzyme Replacement Therapy Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Enzyme Replacement Therapy Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Enzyme Replacement Therapy Market in these regions.
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