Rising Research Investments Fuel Alpha Mannosidosis Market Growth

Business Research Company Global Alpha Mannosidosis Market Report 2021: Growth and Change in COVID-19

LONDON, GREATER LONDON, UNITED KINGDOM, May 31, 2021 /EINPresswire.com/ – Increased investment in research should contribute to growth alpha mannosidosis market in the forecast period. Currently, in the alpha mannosidosis market, only one company offers therapies for the rare genetic disease. However, several companies have products in clinical stage which will drive the market demand during the forecast period. For example, in 2020, the EU Clinical Trials Database lists 39,219 clinical trials with an EudraCT protocol, of which 6,426 are clinical trials involving subjects under the age of 18. Hence, increasing investment in research is fueling the growth of alpha mannosidosis market.

The alpha-mannosidosis market consists of the sale of therapies for alpha-mannosidosis (organizations, independent marketers, and partnerships) that provide treatment for alpha-mannosidosis, which is a lysosomal storage disorder. Lysosomes are particles bound to cell membranes that function as the primary digestive units. Alpha-mannosidosis is a rare inherited genetic disorder that affects the organs and tissues of the person with the disease. Treatment therapy focuses on detecting and preventing accumulations of polysaccharides in mutant cells, which can damage tissues, organs and eventually death. Polysaccharides are defined as larger molecules made up of several linked sugar molecules.

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The global alpha-mannosidose market size is expected to grow from $ 7.50 million in 2020 to $ 8.89 million in 2021 at a compound annual growth rate (CAGR) of 18.6%. The growth is mainly due to the increase in the prevalence of alpha-mannosidosis, the use of orphan drugs, fee reductions and tax credits, increased investment in the treatment of diseases rare and advancing treatment drugs. The alpha mannosidosis market is expected to reach $ 17.91 million in 2025 with a CAGR of 19.1%.

North America was the largest alpha mannosidosis market region in 2020. Asia Pacific is expected to be the fastest growing region during the forecast period. The regions covered by the Alpha Mannosidosis Market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main players in the alpha mannosidosis market are Chiesi Farmaceutici SpA, Nuo Therapeutics and Zymenex.

The Global Alpha Mannosidosis Market research report is Segmented –
1) By type of therapy: bone marrow transplant (BMT), enzyme replacement therapy (ERT), peripheral blood stem cell transplant (PBSCT), gene therapy
2) By indication: Type I, Type II, Type III
3) By end user: hospitals, specialized clinics.

Global Alpha Mannosidosis Market Report 2021: COVID-19 Growth And Change is part of a series of new reports from The Business Research Company that provide global alpha-mannosidose market overview, global alpha-mannosidose market size forecast, and growth for the entire market, global alpha-mannosidosis market segments and geographies, global alpha-mannosidosis market trends, global alpha-mannosidosis market drivers, restraints, revenue, profiles and market shares of the main competitors.

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