Growth Drivers
Challenges
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.
The phenylketonuria drugs market is further classified on the basis of region as follows:
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 |
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Author Credits: Radhika Pawar
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