Phenylketonuria Drugs Market Trends

  • Report ID: 3031
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Phenylketonuria Drugs Market Trends

Growth Drivers

  • Rising Demand for Phenylketonuria Treatment Drugs
  • Growing Advancements in Healthcare

Challenges

  • High Cost of phenylketonuria treatment

Phenylketonuria Treatment Market: Key Insights

Geographically, the global phenylketonuria drugs market is segmented into five major region including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Among the market in these regions, the market in the North America is estimated to hold largest market share by the end of 2029. The growth of the market in the region can be attributed to the rising research and development activities for novel drugs coupled with the favourable government regulations for the treatment of phenylketonuria. In addition, improvements in healthcare infrastructure in the region along with growing cases of new-born suffering from the disorder is also projected to foster the market growth. CLICK TO DOWNLOAD SAMPLE REPORT

On the other hand, the market in the Asia Pacific is anticipated to foresee significant growth on account of the rising population in emerging nations and growing awareness for the treatment of phenylketonuria. Moreover, progress in the economies along with several screening programs in the region is also estimated to accelerate the market growth over the forecast period.

Phenylketonuria Drugs Market

The phenylketonuria drugs market is further classified on the basis of region as follows:

  • North America (US, Canada, Mexico and rest of North America) Market size, Y-O-Y growth and Opportunity analysis.
  • Europe (Italy, France, Russia, Spain, Belgium, Switzerland, UK, Germany and Other parts of Europe) Market size, Y-O-Y growth and Opportunity analysis.
  • Asia Pacific (India, Malaysia, Indonesia, China, New Zealand, Philippines, Singapore, Japan, Australia and rest of Asia Pacific) Market size, Y-O-Y growth and Opportunity analysis.
  • Latin America (Argentina, Brazil, Columbia and other parts of Latin America) Market size, Y-O-Y growth and Opportunity analysis.
  • Middle East & Africa (Saudi Arabia, Israel, Egypt, United Arab Emirates, North Africa and South Africa) Market size, Y-O-Y growth and Opportunity analysis.

Base Year

2024

Forecast Year

2025-2037

CAGR

7.3%

Base Year Market Size (2024)

USD 794.16 million

Forecast Year Market Size (2037)

USD 1.98 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: 3031
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of phenylketonuria treatment is evaluated at USD 843.44 million.

Phenylketonuria Treatment Market size was valued at USD 794.16 million in 2024 and is set to exceed USD 1.98 billion by 2037, expanding at over 7.3% CAGR during the forecast period i.e., between 2025-2037.

North America industry is likely to hold largest revenue share by 2037, attributed to rising research and development activities for novel drugs, coupled with favourable government regulations for the treatment of phenylketonuria.

The major players in the market are Ultragenyx Pharmaceutical, PTC Therapeutics, BioMarin, Homology Medicines, Inc., SOM BIOTECH, Nestle Health Science, American Gene Technologies Inc., Rubius Therapeutics, Inc., Synlogic, and others.
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