Leber Congenital Amaurosis Market Size, Share, Demand, Industry Trends, Growth Opportunities and Revenue Outlook
Global Leber Congenital Amaurosis Market business report introduces the basics of industry such as market definitions, classifications, applications and industry chain overview, after which it covers industry policies and plans, product specifications, manufacturing processes, cost structures and so on. This market document has a chapter on the global market and all its associated companies with their profiles, which provides valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The significant Global Leber Congenital Amaurosis Market report presents data on patterns and improvements, and target business sectors and materials, limits and advancements.
Global leber congenital amaurosis market is driven by the factors such as an increase in the prevalence of chronic diseases such as diabetes & gastrointestinal disorders, a growing number of the up-coming players and the popularity of infusion pumps in-home care services, which enhance its demand, as well as increasing investment in research and development, leads to the market growth. Currently, various research studies are taking place, which is expected to create a competitive advantage for manufacturers to develop new and innovative leber congenital amaurosis treatments and therapies, which is expected to provide various other opportunities in the leber congenital amaurosis market. However, the strict government regulations on approval and device errors during infusion therapy are expected to hamper the growth.
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Global leber congenital amaurosis market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal. The scalability and business expansion of the retail units in the developing countries of various regions and partnership with suppliers for safe distribution of machine and drugs products are the major drivers that propelled the market’s demand in the forecast period.
Global leber congenital amaurosis market is supportive and aims to reduce the progression of the disease. Data Bridge Market Research analyses that global leber congenital amaurosis market will grow at a CAGR of 4.8% during the forecast period of 2022 to 2029.
Drivers
- Increase in incidence and prevalence of rpe65 gene-mediated in retinal diseases
Inherited retinal dystrophies (IRDs) represent a genetically diverse group of progressive, visually debilitating diseases. Adult and pediatric patients with vision loss due to IRD caused by biallelic mutations in the 65-kDa retinal pigment epithelium (RPE65) gene are often clinically diagnosed as retinitis pigmentosa (RP), and leber congenital amaurosis (LCA).
Leber congenital amaurosis (LCA) is an eye disorder that primarily affects the retina. LCA is characterized by severe visual impairment from birth or the first few months of life, roving eye movements or nystagmus, poor pupillary light responses, oculo digital sign (poking, rubbing, and/or pressing of the eyes), and undetectable or severely abnormal full-field electroretinogram (ERG). LCA is usually inherited as an autosomal recessive genetic condition.
- Increase in pipeline products and clinical trials
The continuous innovation for the treatment of inherited retinal diseases and leber congenital amaurosis disorder has the potential to positively impact the market as the size of the market will increase, when these products will have approved in the global market. Due to no pharmacological treatments for the LCA the major market players are continuously innovating the treatment or investing in the R&D for the treatment. Various ongoing clinical trials are recruiting worldwide to find the mechanism of diseases for treatment.
Recent Developments
- In September 2021, Gyroscope Therapeutics Limited clinical-stage gene therapy company focused on diseases of the eye, announced positive interim data from the ongoing open-label Phase I/II clinical trial of its investigational one-time gene therapy, GT005, in people with geographic atrophy (GA) secondary to age-related macular degeneration (AMD).
- In January 2020, Allergan launched SkinMedica Instant Bright Eye Cream, a refreshing eye treatment that hydrates, brightens, and helps visibly firm the appearance of the delicate skin around the eyes. The product is designed to immediately improve the appearance of the eyes and continues reducing the visible signs of aging and fatigue over time including dark circles, fine lines, and creepiness of upper eyelids.
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Increase In Incidence and Prevalence OF RPE65 Gene-Mediated in Retinal Diseases Is Expected To Drive the Market’s Growth Rate
Inherited retinal dystrophies (IRDs) represent a genetically diverse group of progressive, visually debilitating diseases. Adult and pediatric patients with vision loss due to IRD caused by biallelic mutations in the 65-kDa retinal pigment epithelium (RPE65) gene are often clinically diagnosed as retinitis pigmentosa (RP), and Leber congenital amaurosis (LCA). The high prevalence of leber congenital amaurosis further neccistates proper treatment and therapy aid, which further boosts the market expansion. For instance, the prevalence of leber congenital amaurosis (LCA) has been estimated to be 1-2/100,000 births. This disorder affects males and females in equal numbers. Consequently, the high prevalence and incidence of leber congenital amaurosis further accelerates the market growth.
Major Players
Data Bridge Market Research recognizes the following companies as the major leber congenital amaurosis market players in leber congenital amaurosis market are Invitae Corporation (U.S.), Spark Therapeutics, Inc. (U.S.), LKC Technologies (U.S.), CENTOGENE N.V. (Austria), Optos (U.K.), Metrovision (U.S.), Blue Print Genetics Oy (Finland ), CD Genomics (U.S.), ProQR Therapeutics (Netherlands), OCUGEN, INC. (U.S.), MeiraGTx Limited(U.S.), Coave Therapeutics (U.K.) , IVERIC bio, Inc. (U.S.), Atsena Therapeutics(U.S.), Editas Medicine(U.S.), Eluminex Biosciences (China), Okuvision (German), Astellas Pharma Inc. (Japan), Kubota Pharmaceutical Holdings Co. Ltd. (U.S.), REGENXBIO Inc. (U.S.) among others.
Global Leber Congenital Amaurosis Market Segmentation
Global leber congenital amaurosis market is categorized into disease type, type, end-user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Disease Type
- Infantile Type
- Juvenile Type
- Others
On the basis of disease type, the leber congenital amaurosis market is segmented into infantile type, juvenile type & others
Type
- Diagnosis
- Therapy
On the basis by type, the global leber congenital amaurosis market is segmented into diagnosis and therapy. Diagnosis segment is further segmented into clinical diagnosis and genetic diagnosis. Clinical diagnosis is further segmented into clinical eye examination, visual field test, retail imaging, and electro physiological tests. Clinical diagnosis is sub-segmented into electrophysiological tests, retinal imaging, visual field test and clinical eye examination. Electrophysiology tests is subsegmented into full-field electroretinogram (ERG) and dark adaptometry (DA). Retinal imaging is subsegmented into optical coherence tomography (OCT), fundus autofluorescence imaging (FAF), scanning laser ophthalmoscopy (SLO) and adaptive optics (AO) imaging and conventional color fundus imaging. Visual field tests is sub-segmented into computerized visual field tests and manual field test. Clinical examination is sub-segmented into slit lamp, indirect ophthalmoscopy, refraction test and dilation exam. Therapy segment is further segmented into gene therapy, retinal therapy, neuroprotective agents, and others. Gene therapy is further segmented into luxturna and others. Neuroprotective agents are further segmented into vitamin A palmitate, docosahexaenoic acid (DHA), lutein, and others.
End User
- Hospitals
- Specialty clinics
- Ambulatory surgical centers
- Home healthcare
- Others
On the basis of end user, the global leber congenital amaurosis market is segmented into hospitals, specialty clinics, ambulatory surgical centers, home healthcare, and others.
Distribution Channel
- Retail Sales
- Direct Tender
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