The market is not only likely to expand at a significant Compound Annual Growth Rate but is also expected to be valued at US$ 2,908.1 Mn towards the end of 2025.
Albany, NY -- (SBWIRE) -- 09/13/2017 -- With tremendous growth, the global alpha-1 antitrypsin deficiency treatment market is anticipated to touch the robust CAGR rate of 10.3% during the projected period of eight years. Market Research Reports Search Engine has come up with a brand new report titled, "Alpha 1 Antitrypsin Deficiency Treatment Market," which studies the overall performance of the highly competitive global alpha-1 antitrypsin deficiency treatment market for the assessment period between 2017 and 2015. The market is not only likely to expand at a significant Compound Annual Growth Rate but is also expected to be valued at US$ 2,908.1 Mn towards the end of 2025. The investors in the global alpha-1 antitrypsin deficiency treatment market are likely to get novel chances in the years to come with the help of rising awareness and strategic alliances related to alpha-1 antitrypsin deficiencies.
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Trends and Opportunities- Global Alpha-1 Antitrypsin Deficiency Treatment Market
While studying this market in detail, this market research company has observed few trends and opportunities which are positively influencing the global alpha-1 antitrypsin deficiency treatment market.
- Alpha-1 antitrypsin is commonly observed deficiency in Europe and in North America which is driving the growth of this market
- Increasing awareness about this deficiency particularly among population in developed countries along with technological development and rising government support are the fueling factors for the progress of the global alpha-1 antitrypsin deficiency treatment market
- Rising government initiatives to increase the number of plasma and blood derived products is expected to drive the growth of the market
- Availability of various therapeutic methods such as oxygen therapy, augmentation therapy, corticosteroids and bronchodilators to treat the alpha-1 antitrypsin deficiency patients is expected to create robust development in the market
Global Alpha-1 Antitrypsin Deficiency Treatment Market- Segments and Forecast
The treatment type segment is divided into Oxygen therapy, bronchodilator, augmentation therapy, corticosteroids and others. Augmentation therapy segment is further divided into sub-segments such as respreeza, aralast, glassia, zemaira, and prolastin. These sub-segments are currently serving the maximum demand of the market and are likely to sustain their position in the market by 2025 end.
The end-user segment includes hospitals, specialty clinics, and pharmacies. Though specialty clinics are anticipated to gain remarkable growth rate, the global alpha-1 antitrypsin deficiency treatment market is projected to gain maximum demand from the hospital segment.
In route of administration segment, parenteral segment is expected to gain maximum profit due to various benefits for example, maximum chances to avoid first-pass metabolism and ease of drug administration. The other segments of route of administration segment are oral and inhalations.
Global Alpha-1 Antitrypsin Deficiency Treatment Market- Region
Latin America, North America, Europe, MEA and Asia Pacific are the five regions that are included in this research report. In 2016, North America was the only region which fulfilled the majority of demand of the global alpha-1 antitrypsin deficiency treatment market. However, the market share of North America is expected to slightly decline at the end of the projected period. Europe is the second highest profitable region for the key players who are functioning in the global alpha-1 antitrypsin deficiency treatment market. The region is also projecting remarkable growth in Compound Annual Growth Rate between all other regions.
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Global Alpha-1 Antitrypsin Deficiency Treatment Market- Competitive Landscape
These are the important key vendors that are operating in the global global alpha-1 antitrypsin deficiency treatment market- Abeona Therapeutics, AstraZeneca, ProMetic Life Sciences, Kamada Ltd., GlaxoSmithKline Plc., CSL Behring LLC, Pfizer Inc., Baxter, Shire plc, Teva Pharmaceutical Industries Ltd., Chiesi Pharmaceuticals, Biogen, Applied Genetic Technologies Corp, Baxalta, Arrowhead Research Corporation, ProBioGen, Curaxys, Grifols S.A.
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