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Lysosomal Acid Lipase Deficiency (LAL-D) Treatment Market Size

  • Report ID: GMI10859
  • Published Date: Aug 2024
  • Report Format: PDF

Lysosomal Acid Lipase Deficiency Treatment Market Size

Lysosomal Acid Lipase Deficiency Treatment Market size was valued at USD 297.4 million in 2023 and is estimated to grow at a CAGR of 7.2% from 2024 to 2032. The market has experienced considerable growth due to increasing awareness and diagnosis of rare genetic disorders.

 

The growing emphasis on rare disease treatments significantly bolsters market demand. Additionally, the rise in clinical studies and collaborations focused on rare diseases fosters a better understanding of LAL-D, further stimulating interest and investment in the market. Moreover, advancements in genetic testing and enzyme replacement therapy (ERT) have greatly influenced the LAL-D treatment market, leading to more effective targeted therapies that address specific genetic mutations and enzyme deficiencies.
 

For instance, a study published in the Journal of Inherited Metabolic Disease in 2022 highlighted that patient receiving ERT experienced a 50% improvement in symptoms within the first year of treatment. As a result, the demonstrated efficacy of ERT, with significant symptom improvement and enhanced patient outcomes, contributes to its recognition as an effective therapy, thereby creating opportunities in the LAL-D treatment market.
 

Lysosomal acid lipase deficiency (LAL-D) is an autosomal recessive genetic disorder characterized by insufficient production of the LAL enzyme. This enzyme is crucial for breaking down fatty substances, specifically cholesteryl esters and triglycerides, within the body. LAL-D manifests in two forms: the infantile-onset type, which is often fatal within the first year of life, and the late-onset type, which can present with milder symptoms.

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Lysosomal acid lipase deficiency treatment market size was USD 297.4 million in 2023 and is expected to register 7.2% CAGR from 2024-2032 owing to increasing awareness and diagnosis of rare genetic disorders worldwide.

Lysosomal acid lipase deficiency (LAL-D) treatment industry from the wolman disease (WD) segment is expected to register a 7.3% CAGR from 2024-2032 due to its severity and early onset, which is driving a surge in demand for effective treatments.

The U.S. lysosomal acid lipase deficiency treatment industry is expected to reach USD 178.8 million by 2032 due to advanced healthcare infrastructure and strong focus on rare disease research in the country.

AstraZeneca, BioCrick BioTech, Lupin, Merck & Co., Inc., Pfizer Inc., Regeneron Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd, Thermo Fisher Scientific Inc., and Zydus Group, are some of the major lysosomal acid lipase deficiency (LAL-D) treatment companies worldwide.

Lysosomal Acid Lipase Deficiency Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 139
  • Countries covered: 9
  • Pages: 90
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