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Skeletal Dysplasia Drugs Market Trends

Report ID: GMI9680 Published Date: May 2024Report Format: PDF
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Skeletal Dysplasia Drugs Market Trends

The increasing prevalence of skeletal dysplasia is a significant driver for market. The limited number of effective therapies currently available creates a significant need for new and improved treatments to manage rising cases & symptoms and improve patient outcomes.

  • According to the Journal of Rare Diseases, in 2023, skeletal dysplasia represent approximately 5% of all congenital anomalies. Further, the report also stated that there has been a surge in the number of cases in the U.S. and other countries.
  • Similarly, as per John Hopkins University report, in 2023, skeletal dysplasia is estimated to affect 2.4 per 10,000 births. The disease have significantly high frequency (11.5%) among children with short stature.
  • Enhanced diagnostic tools such as advanced imaging techniques (MRI, CT scans) and genetic testing, have led to more accurate and earlier diagnosis of skeletal dysplasia. Greater awareness among healthcare providers and patients has resulted in more frequent identification and diagnosis of these conditions.
  • Ongoing research and development efforts are focused on creating new drugs and therapies specifically targeting the underlying causes and symptoms of skeletal dysplasia. Innovations such as enzyme replacement therapy, gene therapy, and other targeted treatments are expanding the range of options available to patients, driving market growth.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

How big the skeletal dysplasia drugs industry?+

Skeletal dysplasia drugs market size was USD 3 billion in 2023 and is expected to register 4.2% CAGR from 2024-2032 owing to the increasing geriatric population along with rising use of bone and joint health supplements, and advancement in bone growth stimulators worldwide.

Why is the use of skeletal dysplasia drugs for morquio A syndrome growing?+

Skeletal dysplasia drugs industry from the morquio A syndrome segment and is expected to reach USD 1.3 billion by 2032 due to the introduction of enzyme replacement therapy leading to rising adoption rate of medication for the syndrome.

What is the size of the U.S. skeletal dysplasia drugs market?+

The U.S. skeletal dysplasia drugs industry is expected to register 4% CAGR from 2024-2032 due to the vast network of advanced healthcare facilities equipped with the latest medical technologies and specialized departments for rare diseases, including skeletal dysplasia in the region.

Who are the key leaders in the skeletal dysplasia drugs industry?+

Amgen Inc., Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals, Inc., Sanofi, Sarepta Therapeutics, Inc., Takeda Pharmaceutical Company Limited, Ultragenyx Pharmaceutical Inc., and Vertex Pharmaceuticals Incorporated., are some of the major skeletal dysplasia drugs companies worldwide.

Skeletal Dysplasia Drugs Market Scope

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