Transparency Market Research

Cystinosis Disease Therapeutics Market to Expand with Significant CAGR During 2025

 

Albany, NY -- (SBWIRE) -- 08/18/2018 -- The global cystinosis disease therapeutics market is predicted to gather pace in its growth with rising prevalence of the condition and concerns about its effects on the eyes, liver, and kidney. A report by Transparency Market Research (TMR) gives a detailed account of the market while concentrating on market segmentation, regional analysis, market dynamics, and vendor landscape. It is titled "Cystinosis Disease Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025." The need to avoid gene mutation with the help of mutation screening and its increasing awareness are expected to push the growth of the market.

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However, lack of emphasis on research and development and limited treatment options are foreseen to challenge the growth of the global cystinosis disease therapeutics market. Nonetheless, there could be a wealth of market opportunities available for players. The report details a number of trends and opportunities that are anticipated to dilute the effect of restraints in the market. According to seasoned research analysts, the market could see classifications as per different categories, viz. region, test, and treatment. On the basis of test, the market could be classified into slit lamp examination, urine test, molecular test, and blood test. Amongst these, blood test is foretold to show higher growth in the market.

By treatment, the global cystinosis disease therapeutics market could be segregated into hormonal, renal replacement, and symptomatic therapies. Amongst these, it is projected to witness the rise of symptomatic therapy growing at a rapid pace in the next few years. This could be on account of the rising awareness about the cost-effective nature of symptomatic therapy in comparison with other types of therapies. This therapy is used to maintain the body's electrolyte and fluid balance. Along with cystine deleting agents, doctors usually prescribe substantial doses of phosphate, sodium, and potassium to retain body fluids and reduce cystine content in cells.

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The U.S. is expected to see high prevalence of nephropathic and other cystinosis diseases. The demand for cystinosis disease therapeutics could increase in North America owing to the growing need for effective treatments. Europe could be another rewarding region of the market with increase in patient awareness and high demand for cystinosis disease therapeutics in the region. On the other hand, Asia Pacific is projected to gain impetus on the back of the increase in demand for quick diagnosis, improved treatment options, and increase in population. However, there could be moderate contributions made by the MEA and Latin America to the market.

Some of the leading players of the global cystinosis disease therapeutics market are Novartis AG, Mylan N.V., and Horizon Pharma plc. The report profiles important companies of the market based on their recent developments, market shares, and other factors.

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