Ongoing Clinical Studies for Growth Hormone Therapy in Patients with Rare Disease Achondroplasia would push the market growth for Achondroplasia Treatment Market
Meridian Market Consultants (MMC) has published a new report titled, “Achondroplasia Treatment Market: Opportunity Analysis and Future Assessment 2019 to 2027”
Global Achondroplasia Treatment Market, by Treatment Type (Growth Hormone therapy, surgery), By End Users (Hospitals, Clinics, ASCs), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2019 and 2027.
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As per the report, incidence of achondroplasia and launch of new therapies are the prime factor driving growth of achondroplasia treatment market. Achondroplasia is a rare genetic (inherited) bone disorder that occurs in one in 15,000 to 40,000 live births. Achondroplasia is the most common type of dwarfism, in which the child's arms and legs are short in proportion to body length. Achondroplasia is an autosomal dominant disease. Approximately 80% of achondroplasia cases result from a new mutation in families. In the U.S. approximately 10,000 individuals are estimated to have achondroplasia. The prevalence of achondroplasia in the U.S. ranges from .36 to 0.60 per 10,000 live births. Achondroplasia accounts for 90% of dwarfism or disproportionate short stature. Worldwide prevalence of achondroplasia was found to be 1 in every 25,000–30,000 individuals. That, in turn, translates into around 250,000 affected persons worldwide. The condition affects men and women equally. Studies performed in Texas showed that fathers that >40 years of age had significantly increased rates of de novo achondroplasia among their offspring compared with younger fathers.
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Furthermore, Meridian Market Consultants (MMC) Study identifies that, currently, there is no treatment available to prevent or correct achondroplasia, because the majority of cases result from unexpected new mutations. Long term treatment with growth hormone is recommended. Treatment with growth hormone is continue throughout the teen years and early adulthood to ensure adult maturation, such as appropriate gain in muscle or fat. Some patients may require lifelong therapy. However, treatment with growth hormone does not substantially affect the height of an individual with achondroplasia. In some cases leg-lengthening surgeries may be considered. Surgeries to correct spine, or bone problems, as well, as to reduce the pressure inside the brain in cases of hydrocephaly are also recommended. Control of obesity is essential, and obesity can be a significant problem in people with achondroplasia. Some of the ell established brands of growth hormone are Norditropin, Accretropin, Omnitrope, Saizen, Genotropin, Nutropin, Humatrope etc.
MMC Study identifies some of the key participating players in achondroplasia treatment market globally are WITTENSTEIN SE, Novo Nordisk A/S, Cangene Corporation, Novartis AG, Merck KGaA (Emd Serono), Pfizer Inc. Hoffman La Roche (Genentech), Eli Lilly & Co. Ltd., Ipsen Pharm, Ferring Pharmaceuticals Inc., etc. among others.
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