According to a recent FMI analysis, the global Alpha-1 Antitrypsin Deficiency market would grow at a 12.8% CAGR from 2023 to 2033. The market is anticipated to be valued at US$ 10 billion by the end of the assessment period.
The key drivers driving market expansion are technological advancements, higher R&D spending, and the increasing prevalence of target disorders.
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Investments in research and development (R&D) are also expected to have a significant impact on the sector. Some companies are seeking to build a revolutionary portfolio by leveraging in-house competencies and increasing those capabilities through strategic alliances, R&D expansion, and future licencing, merger, and acquisition activities.
Key Takeaways from the Market Study
- According to FMI, the global alpha-1 antitrypsin insufficiency market would grow at a 12.8% CAGR by 2033.
- The global Alpha-1 Antitrypsin Deficiency market is assessed at a market value of US$ 3 Billion
- The global Alpha-1 Antitrypsin Deficiency market is anticipated to be worth US$ 10 billion.
- According to Future Market Insights, Asia Pacific is predicted to develop at a CAGR of 12% from 2023 to 2033.
- North America is predicted to expand at a CAGR of 12.7% between 2023 and 2033.
- Europe is predicted to increase at a CAGR of 12.3% between 2023 and 2033.
“Within North America, the United States has dominated the market. The rising number of government funding, developments in gene therapy research and development, and the rising penetration of target illnesses are the primary drivers driving the Alpha-1 Antitrypsin Deficiency market expansion,” says an analyst at FMI
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Market Competition
To satisfy current patient requests and solve unmet therapeutic market needs, pharmacological manufacturers are increasingly focusing on alpha-1 antitrypsin insufficiency (AATD).
Several companies are developing innovative treatments, including ARO-AAT (Arrowhead Pharmaceutical), Alvelestat (Mereo Biopharma), and Inhaled AAT (Kamada).
ARO-AAT (Arrowhead Pharmaceutical) is a second-generation subcutaneously administered medication that inhibits hepatic manufacture of the mutant AAT protein by silencing the alpha-1 antitrypsin (AAT) gene transcript. The company is now conducting Phase II clinical trials to evaluate the drug’s safety, tolerability, and pharmacodynamic impact in AATD patients. Key players in the Alpha-1 Antitrypsin Deficiency (A1ATD) market are:
- Pfizer
- Baxter
- AstraZeneca
- Grifols
- Teva Pharmaceutical Industries
- BoehringerIngelheim
- Kamada Ltd
- GlaxoSmithKline
- CSL Behring
- LFB Biomedicaments
Recent Developments:
- Kamada Ltd., a vertically integrated global biopharmaceutical company focused on specialty plasma-derived therapeutics, announced in October 2022 that it had been awarded a three-year extension of an existing tender from the Canadian Blood Services (CBS) for the supply of four IgG products, CYTOGAM®, HEPAGAM®, VARIZIG®, and WINRHO® SDF, for a total estimated value of $22 million. This award ensures that such products will continue to be sold in Canada. In November 2021, Kamada purchased four commercial pharmaceuticals that have been licenced by Health Canada and the United States Food and Drug Administration (FDA).
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global Alpha-1 Antitrypsin Deficiency (A1ATD) market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
Key Segments Profiled in the Alpha-1 Antitrypsin Deficiency Market Industry Survey
By Product Type:
- Augmentation Therapy
- Bronchodilators
- Corticosteroids
- Oxygen Therapy
By Application:
- Hospitals
- Specialty Clinics
- Pharmacies
About the Healthcare at Future Market Insights
The healthcare team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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