Transthyretin Amyloidosis Treatment Market
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Transthyretin Amyloidosis Treatment Market size was valued at USD 5.9 billion in 2023 and is expected to reach USD 11.2 billion by 2032, growing at a CAGR of 7.5% over the analysis period. Increasing prevalence of transthyretin amyloidosis, a rare genetic disorder, coupled with advancements in treatment options for rare diseases are fuelling market expansion.
Additionally, as the disease is more common in older individuals, rising aging population, particularly in developed countries, is contributing to market growth. For instance, wild-type transthyretin amyloidosis (ATTRwt) mainly affects older men, and certain autopsy studies have shown that 25% of patients aged above 80 years old have transthyretin amyloid myocardial deposits. Thus, as the global geriatric population rises, the incidence rates of transthyretin amyloidosis disease are expected to increase, thereby fostering the market growth.
Transthyretin amyloidosis (ATTR) treatment refers to the medical interventions aimed at managing and slowing the progression of ATTR amyloidosis, a rare, progressive, and often fatal disease caused by the buildup of abnormal transthyretin protein in tissues and organs. Treatment approaches include medications to stabilize or reduce the production of transthyretin and supportive therapies to manage symptoms and complications.
Report Attribute | Details |
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Base Year: | 2023 |
Transthyretin Amyloidosis Treatment Market size in 2023: | USD 5.9 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 7.5 |
2023 Value Projection: | USD 11.2 Billion |
Historical Data for: | 2018 – 2023 |
No of Pages: | 170 |
Tables, Charts & Figures: | 299 |
Segments Covered: | Type, Disease Type, Drug Type, Route of Administration, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Based on the type, the global market is classified into ATTR amyloidosis with cardiomyopathy (ATTR-CM) and ATTR amyloidosis with polyneuropathy (ATTR-PN). The ATTR-CM dominated the market with revenue of USD 4.7 billion in 2023.
Based on disease type, the transthyretin amyloidosis treatment market is classified into hereditary transthyretin amyloidosis and wild type transthyretin amyloidosis. The hereditary transthyretin amyloidosis is further segmented into polyneuropathy, cardiomyopathy, and mixed type. The segment held a dominant business share of 61.7% in 2023.
Based on drug type, the transthyretin amyloidosis treatment market is classified into tafamidis, patisiran, inotersen, and other drug types. The tafamidis segment is expected to hold the highest revenue throughout the forecast period.
Based on route of administration, the transthyretin amyloidosis treatment market is classified into oral and parenteral. The oral segment is anticipated to grow at a CAGR of 7.2% between 2024 – 2032.
Based on distribution channel, the transthyretin amyloidosis treatment market is classified into hospital pharmacy, retail drug stores, and online pharmacy. The hospital pharmacy segment is expected to be valued at USD 5 billion by 2032.
In 2023, North America held a market share of 37.6% in the global transthyretin amyloidosis treatment and is expected to dominate throughout the forecast period.
The competitive landscape of the market is characterized by the presence of established pharmaceutical companies vying for market share. Key players are engaging in strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their product portfolios. The companies are actively adopting multi-pronged approaches to address the rising demand for new treatments and strengthen their market presence.
Prominent players operating in the transthyretin amyloidosis treatment industry are as mentioned below:
Market, By Type
Market, By Disease Type
Market, By Drug Type
Market, By Route of Administration
Market, By Distribution Channel
The above information is provided for the following regions and countries:
Transthyretin amyloidosis treatment industry was valued at USD 5.9 billion in 2023 and is poised to expand at 7.5% CAGR between 2024 and 2032 owing to the increasing prevalence of transthyretin amyloidosis, a rare genetic disorder, coupled with advancements in treatment options for rare diseases.
The ATTR-CM segment generated USD 4.7 billion in revenue in 2023 and is estimated to grow at a notable CAGR from 2024-2032 owing to the rising advancements in diagnostics techniques that aid in timely intervention.
North America accounted 37.6% revenue share of the transthyretin amyloidosis treatment industry in 2023 and is set to expand at a considerable growth rate through 2032 due to well-established healthcare infrastructure, and high awareness about rare diseases among healthcare professionals and patients.
Some of the top transthyretin amyloidosis treatment companies are Acrotech Biopharma, LLC, AstraZeneca PLC, Astellas Pharma Inc., BridgeBio Pharma, Inc., Bristol-Myers Squibb Company, Ionis Pharmaceuticals, Inc., Johnson & Johnson, Prothena Biosciences Limited, Pfizer Inc., SOM Innovation Biotech, S.L.