USD 2.18 Billion
Report ID:
SQMIG35D2218 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
92 |
Figures:
78
Global Acute Intermittent Porphyria Market size was valued at USD 2.18 Billion in 2022 and is poised to grow from USD 2.31 Billion in 2023 to USD 3.71 Billion by 2031, at a CAGR of 6.10% during the forecast period (2024-2031).
The global Acute Intermittent Porphyria (AIP) market is witnessing awesome trends driven with the aid of elevated awareness, progressed diagnostics, and evolving treatment options. AIP, a rare genetic disease impacting heme synthesis, has visible heightened attention inside the healthcare landscape. Diagnostic improvements, consisting of genetic trying out, make contributions to early and accurate identity of AIP cases. The pharmaceutical enterprise's attention on studies and improvement for novel therapeutics, in conjunction with improved affected person education, aids in handling AIP signs and symptoms. However, demanding situations consist of underdiagnosis and limited remedy options. A collaborative method among healthcare experts, researchers, and pharmaceutical organizations is crucial for addressing the complexities of the AIP marketplace.
Global Market Size
USD 2.18 Billion
Largest Segment
Genetic Testing
Fastest Growth
Genetic Testing
Growth Rate
6.10% CAGR
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The global acute intermittent porphyria market is segmented into four major segments i.e. by By Diagnostic Methods, Treatment Approaches, Drug Class, and region. Based on Type, it is divided into Genetic Testing, Biochemical Testing, Imaging Studies. Based on Treatment Approaches, it is bifurcated as Hematin Infusions, Carbohydrate Loading, Pain Management, Symptomatic Treatment. Based on Drug Class it is segregated into, Panhematin, Givosiran, Opioid Analgesics, Antiemetic Drugs. Based on region, the market is segmented into United States, Canada, and Mexico.
Analysis by Type
Genetic trying out offers a specific and correct method for figuring out particular mutations associated with AIP, permitting early and definitive diagnosis. Ongoing improvements in molecular diagnostic technologies have enhanced the efficiency and accessibility of genetic checking out, making it a desired method for AIP prognosis. Genetic trying out permits for preventive screening in at-risk populations, contributing to the general management and information of AIP incidence.
Imaging research is expected to be the quickest-developing diagnostic approach. Continuous improvements in imaging technologies, inclusive of computed tomography (CT) and magnetic resonance imaging (MRI), contribute to progressed visualization of AIP-associated headaches. Imaging research offer non-invasive diagnostic insights, specifically beneficial for assessing the severity and complications of AIP without invasive tactics
Analysis by Treatment Approach
Hematin infusions address the underlying metabolic dysfunction in AIP by regulating heme synthesis, decreasing the accumulation of neurotoxic porphyrin precursors. Hematin has demonstrated efficacy in managing acute assaults and preventing recurrent symptoms, making it a cornerstone in AIP remedy. Clinical hints frequently endorse hematin as a first-line treatment, reinforcing its dominant role in AIP control.
Givosiran is expected to be the quickest-growing treatment approach. Givosiran, an RNAi healing, gives a singular approach by inhibiting the manufacturing of porphyrin precursors, addressing the foundation reason of AIP. The subcutaneous management of givosiran complements affected personal convenience and adherence in comparison to conventional intravenous remedies.
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North America possesses superior healthcare infrastructure, facilitating early analysis, treatment accessibility, and a comprehensive method to AIP management. Robust studies and improved sports within the area of rare diseases and genetic disorders, in conjunction with medical trials, make contributions to the dominance of North America.
Asia-Pacific is expected to be the quickest-developing market for AIP. Growing healthcare investments in international locations like China and India force the adoption of superior diagnostic and treatment technology for uncommon illnesses like AIP. The vast populace in the Asia-Pacific region will increase the pool of capability AIP instances, contributing to marketplace boom.
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Drivers
Increasing Awareness and Improved Diagnostics
Restraints
High Underdiagnosis Remains a Significant Challenge Due to Rarity Of AIP
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The aggressive surroundings of the Acute Intermittent Porphyria marketplace is dynamic and is characterised through a mix of established pharmaceutical agencies and biotech corporations striving to deal with the unmet wishes in AIP management. Ongoing research and development projects, strategic collaborations, and clinical trial advancements make contributions to the aggressive dynamics. The panorama is evolving with a focal point on precision medicinal drug and novel therapeutic modalities like RNA interference (RNAi) retailers.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Acute Intermittent Porphyria market analysis well-known shows a dynamic market with a number of standout traits and problems. The marketplace is pushed by means of heightened cognizance, progressed diagnostics, and evolving remedy alternatives. Genetic trying out dominance guarantees accurate analysis, at the same time as emerging RNA interference therapies like givosiran show promise. Economic constraints and restricted treatment options stay in demanding situations. Hematin infusions dominate, but excessive fees preclude accessibility. North America leads with superior healthcare, while Asia-Pacific well-known shows fast growth due to growing healthcare investments. Key trends encompass genetic checking out advancements, the upward thrust of RNAi treatments, affected person-centric care, and the mixing of virtual fitness technology for far off monitoring. Continuous research fuels innovation in AIP diagnosis and remedy.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 2.18 Billion |
Market size value in 2031 | USD 3.71 Billion |
Growth Rate | 6.10% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Acute Intermittent Porphyria Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Acute Intermittent Porphyria Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Product ID: SQMIG35D2218