The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s lysosomal disease treatment market report forecasts the lysosomal disease treatment market size to grow to $11.56 billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Lysosomal Disease Treatment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/lysosomal-disease-treatment-global-market-report

Lysosomal Disease Treatment Market Size Forecast
The global lysosomal disease treatment market size is expected to grow from $8.13 billion in 2022 to $8.69 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lysosomal disease treatment market size is expected to reach $11.56 billion in 2027 at a CAGR of 7.4%.

North America held the largest lysosomal disease treatment market share, and Europe was the fastest-growing region in 2022.

Key Lysosomal Disease Treatment Market Driver ­– Rise In The Incidence Of Lysosomal Disorders
For instance, in December 2021, according to The Lancet, a UK-based peer-reviewed general medical journal, in Australia, the combined prevalence of LSD was 1 per 4,800 live births until 2020. There were also 766 confirmed diagnoses of lysosomal storage disorders, which included 38 different disorders, with 32 cases diagnosed prenatally. The average annual incidence per 100,000 live births was 21 (range 16–26), with Fabry disease being the most commonly diagnosed, accounting for 34% of all cases in 2020. Additionally, more adults were diagnosed than children, implying that LSD is more common in adulthood than in childhood. Therefore, the rise in the incidence of lysosomal disorders is driving the growth of the home healthcare equipment market.

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Key Lysosomal Disease Treatment Market Trend – Collaborative innovation
Collaborative innovation for new disease treatments is a key trend gaining popularity in the lysosomal disease treatment market. Companies operating in the lysosomal disease treatment market are collaborating to advance treatment solutions using innovative technologies to sustain their position in the market.

Lysosomal Disease Treatment Market Segment
1) By Disease Type: Mucopolysaccharidosis, Pompes Syndrome, Fabry Diseases, Gaucher’s Disease, Other Disease Types
2) By Therapy: Substrate Reduction Therapy, Stem Cell Therapy, Enzyme Replacement Therapy, Other Therapies
3) By Route Of Administration: Oral, Parenteral, and Other Routes Of Administration
4) By End User: Hospitals, Specialty Clinics, Homecare, Other End Users

Lysosomal Disease Treatment Market Major Players and Strategies
Major players in the lysosomal disease treatment market are Eli Lilly and Company, Takeda Pharmaceutical Company Limited, Sanofi, Pfizer Inc., Novartis AG, Johnson & Johnson Services Inc., Alexion Pharmaceuticals Inc., Amicus Therapeutics Inc., Actelion Ltd., Sigilon Therapeutics Inc., BioMarin Pharmaceutical Inc., Merck & Co. Inc., AstraZeneca PLC., Arena Pharmaceuticals Inc. and Astellas Pharma.

In July 2021, AstraZeneca, a UK-based pharmaceutical and biotechnology company, acquired Alexion Pharmaceuticals, Inc. (Alexion) for $39 billion. With this acquisition, AstraZeneca aims to build a leading position in immunology, complementing its existing capabilities in oncology, respiratory, and cardiovascular disease. Alexion Pharmaceuticals is a US-based pharmaceutical company focused on developing treatments for rare diseases, including lysosomal diseases.

The Lysosomal Disease Treatment Global Market Report 2023 covers regional data on lysosomal disease treatment market size, lysosomal disease treatment market trends and drivers, opportunities, strategies, and lysosomal disease treatment market competitor analysis. The countries covered in the lysosomal disease treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Lysosomal diseases (LSDs) refer to diseases in which substrates accumulate in excess in the cells of various organs due to defective lysosomal function.

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