Gaucher Disease Drugs Market Trends

  • Report ID: 6658
  • Published Date: Nov 07, 2024
  • Report Format: PDF, PPT

Gaucher Disease Drugs Market Trends

Growth Drivers

  • Government support for rare disease treatment: Rising government and non-profit organizations' support for the treatment of rare diseases benefits the growth of the gaucher disease drugs sector. Financial support improves access to treatment to wider demographics. Additionally, recognition of a disease as a rare one benefits in ushering greater research investments to study the disease and formulate effective treatments. For instance, non-profit organizations like the National Gaucher Foundation offer financial support for Gaucher patients, reducing the economic burden of Gaucher care.

    Additionally, gaucher disease has been identified as a rare disease in the registries of multiple countries, making patients eligible to apply for financial assistance. The sector also benefits from regulatory approvals of gene therapies. For instance, in October 2020, Prevail Therapeutics received U.S. FDA fast-track designation for PROO1 for the treatment of neuronopathic gaucher disease.
  • Rising investments in gene therapy research: Growing investments in gene therapy research are poised to benefit the global gaucher disease drugs market. Advancements in gene therapy open the possibility of a curative treatment for gaucher’s.

    Pharmaceutical and biotech companies are devising ways to correct the glucocerebrosidase (GBA) gene mutation. For instance, in October 2024, a USD 150 million investment was announced for a state-of-the-art cell and gene therapy hub to be built on Long Island, U.S. Additionally, the increasing support from regulatory bodies globally bodes well for gene therapy research on gaucher disease. For instance, in October 2022, AVROBIO’s AVR-RD-02, i.e., an investigational gene therapy to treat gaucher disease type 1 was granted rare pediatric disease designation by the Food and Drugs Administration (FDA).
  • Expansion of access to healthcare in emerging markets: Improvements in the healthcare sector in emerging markets benefit the gaucher disease drugs market. Opportunities in emerging economies provide pharmaceutical companies to collaborate and distribute therapeutics boosting revenue share. Emerging economies such as India, Brazil, and Indonesia, are rapidly investing in improving their healthcare sectors. Pharmaceutical companies can partner with local governments to improve the distribution chain of gaucher therapeutics, improving access to people. For instance, in August 2023, a paper published in the National Library of Medicine provided an expert consensus document for the management of type 1 gaucher disease by local experts in South Africa and provided 205 management goals and best practice statements.

Challenges

  • Treatment limitation and side effects impacting the quality of life: gaucher disease is a neurodegenerative lysosomal disorder. The lack of curative treatment can affect patient adherence and side effects can deteriorate quality of life. The challenge of long-term treatment and lifestyle disruption can deter patients from adhering to prescribed treatment protocols. Additionally, lack of awareness can prove to be a challenge for the gaucher disease drugs sector as the rarity of the diseases can lead to limited diagnosis due to a lack of proper healthcare infrastructure in emerging economies.
  • Delays in drug approvals: Regulatory complexities in various regions can delay the approval of drugs and clinical trials, affecting the growth of the gaucher disease drugs sector. Countries where the rare disease frameworks are not well established or with a lack of adequate funding in healthcare can stifle the regulatory approval process for therapeutics. Regulatory hurdles can delay the timely access of drugs to patients and be a barrier to small-scale pharmaceutical companies to bear the logistical strain of an unfavorable regulatory ecosystem.

Gaucher Disease Drugs Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

3.3%

Base Year Market Size (2024)

USD 1.7 billion

Forecast Year Market Size (2037)

USD 2.6 billion

Regional Scope

  • North America (U.S., and Canada) 
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia-Pacific) 
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) 
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America) 
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa) 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6658
  • Published Date: Nov 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The gaucher disease drugs marker registered USD 1.7 billion in 2024 and is projected to expand at a profitable CAGR of 3.3% during the forecast period, i.e., 2025-2037.

The global gaucher disease drug market registered a profitable valuation of USD 1.7 billion in 2024 and is projected to register USD 2.6 billion by 2037, expanding at a CAGR of 3.3% during the forecast period, i.e., 2025-2037.

The major players in the market are Pfizer Inc., CANbridge Pharmaceuticals Inc., Johnson & Johnson Private Ltd., AVROBIO Inc., Amicus Therapeutics Inc., Novartis AG, Sanofi, Amerigen Pharmaceuticals Ltd., and Dipharma S.A.

The enzyme replacement therapy (ERT) of the gaucher disease drugs industry registered the largest revenue share in 2024 due to increasing adoption for Gaucher disease treatment.

North America is projected to hold a dominant share of 31.2% by 2037 in the global gaucher disease drugs sector owing to a favorable regulatory ecosystem in the region supporting clinical trials and drug approvals.
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