Infinium Global Research

Cystic Fibrosis (CF) Market 2019 : Global Industry Growth, Opportunities, Consumptions, Industry Analysis and Forecasts 2025

A recent report published by Infinium Global Research on cystic fibrosis (CF) market provides in-depth analysis of segments and sub-segments in the global as well as regional cystic fibrosis market.

 

Pune, India -- (SBWIRE) -- 01/14/2020 -- The latest report on "Cystic Fibrosis (CF) Market (Drug Class - CFTR Modulators, Mucolytic, Pancreatic Enzyme Supplements, Bronchodilators, and Other Drug Classes; Route of Administration - Inhaled Drugs, and Oral Drugs): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global cystic fibrosis market is projected to grow at a CAGR of 16.6% over the forecast period of 2019-2025.

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Cystic Fibrosis Market: Industry Insights

Cystic fibrosis is a genetic disease that causes continuous lung infections and breathing problems over time. It is a progressive disease. The presence of an imperfect gene causes a thick, sticky buildup of mucus in the lungs, intestine liver, pancreas, and other organs. The mucus in the lungs clogs airways and traps bacteria leading to infections that cause savior lung damage, and respiratory failure. The mucus prevents the pancreas discharge the digestive enzymes that allow the body to break down food and absorb vital nutrients. This disease is caused by a mutation in a gene, cystic fibrosis transmembrane conductance regulator (CFTR) is a membrane protein in vertebrates, a protein required for regulating sweat, mucus and body secretions.

Improvements in Screening and Treatments are the Major Factors Contribute to the Growth of the Cystic Fibrosis Therapeutics Industry

The growing prevalence of cystic fibrosis diseases drives the growth of the cystic fibrosis market. Cystic fibrosis is an inherited disorder that causes severe damage to the lungs, digestive system, and other organs in the body. People with cystic fibrosis, a defective gene causes the secretions to become sticky and thick. Instead of acting as a lubricant, the secretions plug up tubes, ducts, and passageways, especially in the lungs and pancreas. Improvements in screening and treatments are the major factors contribute to the growth of the cystic fibrosis therapeutics market. Due to improvements in screening and treatments, mean people with cystic fibrosis now may live into their mid to the late 30s, on average, and some are living into their 40s and 50s.

However, complicated pathophysiology, high cost of treatment and an increase in genetic mutation rate are some of the factors expected to hinder the growth of this market. Furthermore, owing to continued extensive research and development activities, varieties of medicines are expected to launch in the market in the future period. Increasing global awareness for cystic fibrosis therapy, technological advancements in the R&D is expected to provide beneficial opportunities for the cystic fibrosis market.

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North America held the largest market share in 2018

Among the Geographies, North America held the largest market share in 2018, owing to improve healthcare infrastructure and healthcare policies. The U.S drives the North American market, owing to an early screening of newborns for cystic fibrosis in every state in the United States so that this condition can be diagnosed within the first month of the life before symptoms develop. The European market is considered as the most lucrative market for CF Therapeutics, followed by the North American Market.

Cystic Fibrosis Market: Segmentation

The report on the global cystic fibrosis market covers segments such as drug class and route of administration. On the basis of drug class, the sub-markets include CFTR modulators, mucolytic, pancreatic enzyme supplements, bronchodilators, and other drug classes. On the basis of the route of administration, the sub-markets include inhaled drugs and oral drugs.

Cystic Fibrosis Industry: Competitive Landscape

The report provides profiles of the companies in the market such as Alcresta Therapeutics, Inc., AstraZeneca plc, Teva Pharmaceutical Industries, Allergan plc, Advanced Inhalation Therapies (AIT) Ltd., F. Hoffmann-La Roche AG, Novartis International AG, Gilead Sciences, Inc., Vertex Pharmaceuticals, Inc., AbbVie Inc., and Other Companies.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-cystic-fibrosis-market

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the cystic fibrosis.

=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.