NEWARK, Del, June 08, 2023 (GLOBE NEWSWIRE) -- The global phenylketonuria therapeutics market is expected to generate a market value of US$ 1 Billion in 2023 and a market value of US$ 2.28 Billion by 2033, with a CAGR of 8.6% from 2023 to 2033. From 2018 to 2022, the market for Phenylketonuria Therapeutics grew at a CAGR of 5.2%.

Phenylketonuria is an inherited metabolic disorder that affects the way the body processes protein. Patients with PKU are unable to properly break down an amino acid called phenylalanine, which can lead to the build-up of toxic substances in the body. If left untreated, PKU can cause severe intellectual disability, seizures, and other neurological problems.

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The global PKU therapeutics market is driven by a growing awareness of the disease and the availability of advanced treatments. The market is also benefiting from an increasing number of diagnostic tests and genetic screening programs that help identify patients with PKU at an early stage.

The primary treatment for PKU involves a strict, lifelong diet that restricts the intake of phenylalanine. However, many patients find it difficult to adhere to this diet, and as a result, they may require additional treatments. These include medications that help reduce the amount of phenylalanine in the blood, as well as enzyme replacement therapies that help break down phenylalanine more effectively.

It must be noted that the market is set to benefit from the development of new and innovative therapies for PKU. For example, gene therapy is an emerging area of research that aims to correct the genetic defects that cause PKU. Other promising approaches include the use of RNA interference to reduce the production of phenylalanine in the liver, as well as the use of enzyme replacement therapies that are more effective than current treatments.

Key Takeaways from the Market Study

“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fuelling further clinical trials and research studies dedicated to discovering phenylketonuria therapeutics,” says an FMI analyst.

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Market Competition

Key players in the market include companies such as Competition Deep Dive, Cigna, BioMarin Pharmaceuticals, Codexis, Inc., Erytech Pharma, SOM Innovation Biotech SL, Synthetic Biologics, Inc., Retrophin, Inc., Danone, Censa Pharmaceuticals, Homology Medicines, Inc., along with healthcare providers and technology companies among other global players.

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global phenylketonuria therapeutics market, presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis of drug type (kuwan and playnziq), route of administration (oral, parenteral, intravenous and subcutaneous), and distribution channel (hospital pharmacies, retail pharmacies, and online pharmacies) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).

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Key Players:

Key Segments Profiled in the Phenylketonuria Therapeutics Industry Survey
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Table of Content

1. Executive Summary | Phenylketonuria Therapeutics Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drug Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Drug Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Drug Type, 2023 to 2033

        5.3.1. Kuvan

        5.3.2. Playnziq

    5.4. Y-o-Y Growth Trend Analysis By Drug Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Drug Type, 2023 to 2033

Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-16868

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