Cystic Fibrosis (CF) Market Will Generate New Growth Opportunities by 2023

The report on Cystic Fibrosis (CF) Market by Infinium Global Research analyzes over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Cystic Fibrosis (CF) Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Cystic Fibrosis (CF) Market.

Cystic fibrosis is a genetic disease that causes continuous lung infections and breathing problem over time. It is a progressive disease. The presence of imperfect gene causes a thick, sticky buildup of mucus in the lungs, intestine liver, pancreas, and other organs. The mucus in the lungs clogs airways and traps bacteria leading to an infection that causes savior lung damage, and respiratory failure. The mucus prevents in the pancreas discharge the digestive enzymes that allow the body to break down food and absorb vital nutrients. This disease is caused by mutation in gene, cystic fibrosis Trans membrane conductance regulator (CFTR) is a membrane protein in vertebrates, a protein required for regulating sweat, mucus and body secretions.

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Market Insights

The global Cystic fibrosis market was sized over USD 2.15 billion in 2015. The global Cystic fibrosis market is projected to reach USD 6.67 billion by 2023, growing with a CAGR between 15% and 15.4% from 2017 to 2023. The global market for cystic fibrosis is driven by continued growth of the number of CF patients worldwide. Increasing awareness for cystic fibrosis therapy, technological developments in the R&D and increase in the occurrence of cystic fibrosis are some of the factors likely to drive the global Cystic fibrosis market over the forecast period. However, high cost of treatment and R&D, complicated pathophysiology, and increase in genetic mutation rate are the prime restraining factors to the growth of global Cystic fibrosis market. Nevertheless, rising number of initiatives taken by nonprofit organizations, and presence of flexible policies are will bring more opportunities to the global Cystic fibrosis market over the forecast period.

Segments Covered:

The report segments the global Cystic fibrosis market by drug class, by route of administration and by region. The global Cystic fibrosis market is segmented on the basis of drug class as CFTR Modulators, Mucolytics, Pancreatic enzyme supplements and Bronchodilators. The CFTR modulator drug class was estimated to account for approximately 44%% of total CF drug revenue share in 2015. On the basis of route of administration it is segmented by inhaled drugs and oral drugs. Oral route accounted for the largest share of nearly 62.7% in 2015

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Company Profiles

· Vertex Pharmaceuticals Incorporated

· Gilead, AbbVie Inc

· Novartis AG

· F. Hoffmann-La Roche Ltd

· Alaxia

· Merck & Co. Inc.

· AIT (Advanced Inhalation Therapies)

· ALLERGAN.

· AstraZeneca

· Teva Pharmaceutical Industries Ltd