According to a new report by Expert Market Research titled, “Global Hereditary Angioedema Therapeutic Market Share, Size, Report and Forecast 2024-2032″, the global hereditary angioedema therapeutic market size is projected to grow at a CAGR of 8.90% between 2024 and 2032. Aided by the escalating prevalence of hereditary angioedema (HAE) worldwide and the intensifying demand for innovative treatment modalities, the market is expected to grow significantly by 2032.
Hereditary angioedema is a rare, genetic disorder typified by recurrent episodes of severe swelling in various body parts, including hands, feet, face, and airways. The ailment can be life-threatening if the swelling constricts the airways, leading to asphyxiation. Thus, effective therapeutic solutions are not just a medical necessity but are also pivotal in assuring patients’ quality of life.
The augmented awareness about HAE, coupled with the rising diagnostic rates, are primary factors fostering the hereditary angioedema therapeutic market growth. Moreover, the escalating investment in research and development, specifically in biotechnology, ensures the introduction of novel and advanced treatments. These advancements are filling the previously existing therapeutic void, thus driving the market upwards.
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Pharmaceutical giants and biotechnological companies have been working assiduously in this domain, resulting in the inception of various treatment modalities, including prophylaxis treatments and on-demand therapies. As per the hereditary angioedema therapeutic market analysis, the approval of drugs such as Cinryze, Berinert, and Haegarda has significantly augmented the therapeutic arsenal against HAE, providing patients with efficacious treatment options.
The pharmaceutical industry is observing an increase in collaborations, mergers, and acquisitions. These strategic alliances aim to leverage shared resources, enhance research capabilities, and expand market reach, propelling hereditary angioedema therapeutic market demand.
Furthermore, owing to the rarity and severity of the condition, patient advocacy groups play a monumental role in shaping the market dynamics. Apart from providing vital support to patients, these groups also engage actively with pharmaceutical companies, facilitating drug development, research funding, and awareness campaigns.
Moreover, the healthcare paradigm is shifting towards personalised medicine, especially in rare diseases like HAE. This paradigm accentuates the development of treatments tailored to individual genetic, environmental, and lifestyle factors and further contributes to the hereditary angioedema therapeutic market size. The inclination towards personalised therapeutic solutions is anticipated to open a plethora of opportunities for the market in the forthcoming years.
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Market Segmentation
The market can be divided based on drug class, treatment type, route of administration, and region.
Market Breakup by Drug Class
• C1-Esterase Inhibitor
• Bradykinin B2 Receptor Antagonist
• Kallikrein Inhibitor
• Others
Market Breakup by Treatment Type
• Prophylaxis Treatment
• On-Demand Treatment
Market Breakup by Route Of Administration
• Intravenous
• Subcutaneous
• Oral
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global hereditary angioedema therapeutic market. Some of the major players explored in the report by Expert Market Research are as follows:
• Takeda Pharmaceutical Company Limited
• BioCryst Pharmaceuticals, Inc.
• Ionis Pharmaceuticals, Inc.
• Pharming Group N.V.
• CSL Limited
• Attune Pharmaceuticals, Inc.
• Others
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