The Sanfilippo A market is expected to witness market growth at a rate of 4.60% in the forecast period of 2021 to 2028. Data Bridge Market Research report on Sanfilippo A market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of rare diseases is escalating the growth of Sanfilippo A market.
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Sanfilippo syndrome, or mucopolysaccharidosis (MPS) type III, is defined as one of five autosomal recessive, neurodegenerative lysosomal storage disorders (MPS IIIA to MPS IIIE). The symptoms of the disorder are generally caused by the deficiency of enzymes that are exclusively involved in heparin sulfate degradation. Degeneration of the central nervous system, commencing during childhood and resulting in mental retardation and hyperactivity are some of the primary characteristic of MPS III.
The increase in the incidences of Sanfilippo syndrome, or mucopolysaccharidosis (MPS) among population across the globe acts as one of the major factors driving the growth of Sanfilippo A market. The rise in in initiatives taken by public and private organizations for developing treatment and increase in demand for enhanced treatments for the lysosomal storage disease, accelerates the market growth. The growing need of several drugs for the treatment of the symptoms related with disorders such as delays in the development of lysosomal storage disease and support by government in the form of funds for the research and development activities further influence the market. Additionally, developing healthcare infrastructure, high investment and rise in the population positively affects the Sanfilippo A market. Furthermore, approval of new drugs extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
North America dominates the Sanfilippo A market due to the adequate reimbursement policies and high awareness within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the high patient population in the region.
The major players covered in the Sanfilippo A market report are Amgen Inc, Alkem Labs, LUPIN, Hope Pharmaceuticals, Sanifit, BSN medical, Sun Pharmaceutical Industries Ltd, Cipla Inc, Mylan N.V. Teva Pharmaceutical Industries Ltd, and Zydus Cadila, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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