The latest update of “Global Enzyme Replacement Therapy Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Enzyme Replacement Therapy Market.
Overview of the Enzyme Replacement Therapy Market:
Enzyme replacement therapies are used today as a way to slow or stop the progression of degenerative diseases such as Alzheimer's, arthritis, heart disease and multiple sclerosis. These diseases are characterized by the deterioration of the brain cells and the functions of the organs.
Enzyme replacement therapies is also a type of alternative medicine that replaces a missing enzyme in body with another one. Usually, this is performed by giving the patient a steady intravenous (IV) infusion of an enzyme-rich solution. These medicines are usually prepared from naturally occurring sources, but sometimes they are synthesized artificially. There are a number of different enzymes that can be replaced with different medicines; however, the most commonly replaced enzymes are carnosine, glycine, lysine, arginine, lysine peptides, and methionine.
The rising awareness regarding the rare diseases and increasing availability of enzyme replacement therapies are key factors driving market potential. According to the Genetic and Rare Diseases Information Center, a rare disease is defined as a disease that affects lesser than 200,000 individuals. According to estimates from Genetic Alliance UK, a single rare disease is estimated to affect over 30,000 individuals. Various organizations are taking strategic initiatives to create awareness regarding these diseases in order to increase patients’ lifespan which is again augmenting growth of the market. Growing use of pancreatic enzymes such as lipase, amylase, and protease are used for the treatment of exocrine pancreatic insufficiency (EPI) is again augmenting growth of the market.
North America is expected to witness significant growth over the forecast period owing to the increasing use of enzyme replacement therapies for treating pancreatic cancers. Estimates from the American Cancer Society indicate that over 55,440 individuals were anticipated to be diagnosed with pancreatic cancer in the year 2018. Also, increased focus on drug development in this region is further anticipated to foster growth of the market.
Key Developments:
- In August 2021, The US Food and Drug Administration (FDA) has approved a new enzyme replacement therapy, avalglucosidase alfa (Nexviazyme, Genzyme), for patients aged 1 year and older with late-onset Pompe disease
- In July 2019, Takeda, global biopharmaceutical company, announced the launch of its enzyme replacement therapy portfolio for lysosomal storage disorders (LSD) in India in line with its commitment to address the unmet needs of patients living with rare diseases in India.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Enzyme Replacement Therapy Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Enzyme Replacement Therapy Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Abbvie Inc.
- Astrazeneca Plc
- Biomarin Pharmaceutical In
- Chiesi Farmaceutici S.P.A.
- Digestive Care, Inc.
- Leadiant Biosciences, Inc.
- Nestle Health Science
- Pfizer Inc.
- Sanofi
- Takeda Pharmaceuticals
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Enzyme Replacement Therapy Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Agalsidase Beta
- Imiglucerase
- Velaglucerase Alfa
- Idursulfase
- Galsulfase
- Laronidase
- Others
By Applications, the market is segmented into:
- Gaucher Disease
- Fabry Disease
- Pompe Disease
- Mucopolysaccharidosis
- Exocrine Pancreatic Insufficiency (EPI)
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Enzyme Replacement Therapy Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Enzyme Replacement Therapy Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Enzyme Replacement Therapy Market
1.6.1 How the Covid-19 is Affecting the Enzyme Replacement Therapy Market
1.6.1.1 Enzyme Replacement Therapy Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Enzyme Replacement Therapy Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Enzyme Replacement Therapy Market Perspective (2015-2028)
2.2 Enzyme Replacement Therapy Market Growth Trends by Regions
2.2.1 Enzyme Replacement Therapy Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Enzyme Replacement Therapy Market Historic Market Share by Regions (2015-2021)
2.2.3 Enzyme Replacement Therapy Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Enzyme Replacement Therapy Market Growth Strategy
2.3.6 Primary Interviews with Key Enzyme Replacement Therapy Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Enzyme Replacement Therapy Market Players by Market Size
3.1.1 Global Top Enzyme Replacement Therapy Market Players by Revenue (2015-2021)
3.1.2 Global Enzyme Replacement Therapy Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Enzyme Replacement Therapy Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Enzyme Replacement Therapy Market Concentration Ratio
3.2.1 Global Enzyme Replacement Therapy Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Enzyme Replacement Therapy Market Revenue in 2019
3.3 Enzyme Replacement Therapy Market Key Players Head office and Area Served
3.4 Key Players Enzyme Replacement Therapy Market Product Solution and Service
3.5 Date of entering into Enzyme Replacement Therapy Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Enzyme Replacement Therapy Market Historic Market Size by Type (2015-2021)
4.2 Global Enzyme Replacement Therapy Market Forecasted Market Size by Type (2021-2028)
5 Enzyme Replacement Therapy Market Breakdown Data by Application (2015-2028)
5.1 Global Enzyme Replacement Therapy Market Size by Application (2015-2021)
5.2 Global Enzyme Replacement Therapy Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Enzyme Replacement Therapy Market Size (2015-2021)
6.2 Enzyme Replacement Therapy Market Key Players in North America (2019-2021)
6.3 North America Enzyme Replacement Therapy Market Size by Type (2015-2021)
6.4 North America Enzyme Replacement Therapy Market Size by Application (2015-2021)
7 Europe
7.1 Europe Enzyme Replacement Therapy Market Size (2015-2021)
7.2 Enzyme Replacement Therapy Market Key Players in Europe (2019-2021)
7.3 Europe Enzyme Replacement Therapy Market Size by Type (2015-2021)
7.4 Europe Enzyme Replacement Therapy Market Size by Application (2015-2021)
8 China
8.1 China Enzyme Replacement Therapy Market Size (2015-2021)
8.2 Enzyme Replacement Therapy Market Key Players in China (2019-2021)
8.3 China Enzyme Replacement Therapy Market Size by Type (2015-2021)
8.4 China Enzyme Replacement Therapy Market Size by Application (2015-2021)
9 Japan
9.1 Japan Enzyme Replacement Therapy Market Size (2015-2021)
9.2 Enzyme Replacement Therapy Market Key Players in Japan (2019-2021)
9.3 Japan Enzyme Replacement Therapy Market Size by Type (2015-2021)
9.4 Japan Enzyme Replacement Therapy Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Enzyme Replacement Therapy Market Size (2015-2021)
10.2 Enzyme Replacement Therapy Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Enzyme Replacement Therapy Market Size by Type (2015-2021)
10.4 Southeast Asia Enzyme Replacement Therapy Market Size by Application (2015-2021)
11 India
11.1 India Enzyme Replacement Therapy Market Size (2015-2021)
11.2 Enzyme Replacement Therapy Market Key Players in India (2019-2021)
11.3 India Enzyme Replacement Therapy Market Size by Type (2015-2021)
11.4 India Enzyme Replacement Therapy Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Enzyme Replacement Therapy Market Size (2015-2021)
12.2 Enzyme Replacement Therapy Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Enzyme Replacement Therapy Market Size by Type (2015-2021)
12.4 Central & South America Enzyme Replacement Therapy Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Enzyme Replacement Therapy Market Introduction
13.4 Enzyme Replacement Therapy Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Enzyme Replacement Therapy Market Key Market Segments
Table 2. Key Players Covered: Ranking by Enzyme Replacement Therapy Market Revenue
Table 3. Ranking of Global Top Enzyme Replacement Therapy Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Enzyme Replacement Therapy Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Enzyme Replacement Therapy Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Enzyme Replacement Therapy Market Players to Combat Covid-19 Impact
Table 10. Global Enzyme Replacement Therapy Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Enzyme Replacement Therapy Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Enzyme Replacement Therapy Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Enzyme Replacement Therapy Market Share by Regions (2015-2021)
Table 14. Global Enzyme Replacement Therapy Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Enzyme Replacement Therapy Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Enzyme Replacement Therapy Market Growth Strategy
Table 20. Main Points Interviewed from Key Enzyme Replacement Therapy Market Players
Table 21. Global Enzyme Replacement Therapy Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Enzyme Replacement Therapy Market Share by Players (2015-2021)
Table 23. Global Top Enzyme Replacement Therapy Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Enzyme Replacement Therapy Market as of 2019)
Table 24. Global Enzyme Replacement Therapy Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Enzyme Replacement Therapy Market Product Solution and Service
Table 27. Date of entering into Enzyme Replacement Therapy Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 30. Global Enzyme Replacement Therapy Market Size Share by Type (2015-2021)
Table 31. Global Enzyme Replacement Therapy Market Revenue Market Share by Type (2021-2028)
Table 31. Global Enzyme Replacement Therapy Market Size Share by Application (2015-2021)
Table 33. Global Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 34. Global Enzyme Replacement Therapy Market Size Share by Application (2021-2028)
Table 35. North America Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 37. North America Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 38. North America Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 39. North America Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 40. North America Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 41. Europe Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 43. Europe Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 45. Europe Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 47. China Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 49. China Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 50. China Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 51. China Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 52. China Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 53. Japan Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 55. Japan Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 57. Japan Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 61. Southeast Asia Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 63. Southeast Asia Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 65. India Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 67. India Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 68. India Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 69. India Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 70. India Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Enzyme Replacement Therapy Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Enzyme Replacement Therapy Market Share (2019-2021)
Table 73. Central & South America Enzyme Replacement Therapy Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Enzyme Replacement Therapy Market Share by Type (2015-2021)
Table 75. Central & South America Enzyme Replacement Therapy Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Enzyme Replacement Therapy Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Enzyme Replacement Therapy Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Enzyme Replacement Therapy Market Share by Type: 2021 VS 2028
Figure 2. Global Enzyme Replacement Therapy Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Enzyme Replacement Therapy Market Report Years Considered
Figure 8. Global Enzyme Replacement Therapy Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Enzyme Replacement Therapy Market Share by Regions: 2021 VS 2028
Figure 10. Global Enzyme Replacement Therapy Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Enzyme Replacement Therapy Market Share by Players in 2019
Figure 13. Global Top Enzyme Replacement Therapy Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Enzyme Replacement Therapy Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Enzyme Replacement Therapy Market Revenue in 2019
Figure 15. North America Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Enzyme Replacement Therapy Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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