Brazil Fibrodysplasia Ossificans Progressiva (FOP) Therapeutics Market Analysis

Brazil Fibrodysplasia Ossificans Progressiva (FOP) Therapeutics Market Analysis


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Brazil Fibrodysplasia Ossificans Progressiva Therapeutics Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 ? 2030. An estimated 1.36 per Mn persons are believed to have the ultra-rare condition fibrodysplasia osseous progressiva, which affects about 900 people worldwide. The market for Fibrodysplasia Ossificans Progressiva Drugs is expanding as a result of growing incidence and prevalence of fibrodysplasia ossificans progressiva, increase in the number of R&D activities, increase in Partnerships and Collaborations between market players. Pfizer Inc., AstraZeneca, Limited, Regeneron Pharmaceuticals, Inc, Clementia Pharmaceuticals, Novartis are the top key market players operating in the global Fibrodysplasia Ossificans Progressiva Therapeutics Market.

ID: IN10BRRD024 CATEGORY: Rare Diseases GEOGRAPHY: Brazil AUTHOR: Gaurav Bhongale

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Brazil Fibrodysplasia Ossificans Progressiva (FOP) Therapeutics Market Analysis Summary

Brazil Fibrodysplasia Ossificans Progressiva (FOP) Therapeutics Market is valued at around $12.5 Mn in 2022 and is projected to reach $18.47 Mn by 2030, exhibiting a CAGR of 5% during the forecast period 2023-2030.

Cystic Fibrosis Drugs market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 - 2030. A very uncommon inherited condition (hereditary) called fibrodysplasia ossificans progressiva (FOP). This condition results in heterotopic ossification, or the aberrant formation of bone in tissues like skeletal muscles, tendons, and ligaments. Soft connective tissues and skeletal muscles in the body turn into bone, which causes joints to lock in place and makes movement challenging or impossible. Malformations like a shortened great toe are brought on by fibrodysplasia ossificans progressiva. There is no permanent cure for fibrodysplasia ossificans progressiva (FOP) at the moment and treatment options are mainly focused on managing the symptoms and preventing the progression of disease. Drugs like corticosteroids, which assist to lessen the acute inflammation and tissue swelling seen in the early stages of fibrodysplasia ossificans progressive (FOP), can be used to control the illness. An increase in partnerships and collaborations between market players, an increase in the number of R&D activities, increase in the incidence and prevalence of fibrodysplasia ossificans progressiva are the market growth drivers. AstraZeneca Limited, Clementia Pharmaceuticals, Regeneron Pharmaceuticals, Pfizer Inc., and Biocryst Pharmaceuticals are the key global market players operating in the global Fibrodysplasia Ossificans Progressiva Therapeutics Market.

Market Dynamics

Drivers of Brazil Fibrodysplasia Ossificans Progressiva Therapeutics Market

The increase in the incidence and prevalence of Fibrodysplasia ossificans progressive is a market growth driver.

An increase in Research and development activities in understanding the mechanisms of FOP and developing potential treatment is a market growth driver. Palovarotene is the first medicine to be submitted for regulatory approval for fibrodysplasia ossificans progressive.

Patient advocacy and nonprofit organizations play a role in raising awareness and collaborating with researchers, healthcare professionals and pharmaceutical companies which act as a market growth driver

Regulatory support – Support by Regulatory body’s such as orphan drug designations and expedited review process acts as a market growth driver.

Development

Clementia Pharmaceuticals is now in Phase II of the clinical development of fidrisertib for fibrodysplasia ossificans progressiva (Myositis Ossificans Progressiva). The medication candidate is given orally in the form of a capsule. The Activin A receptor type I (ACVR1), also known as ALK-2, is the target of its action.

Palovarotene's effectiveness and safety are being evaluated in Phase III, multicenter, single-arm, open-label experiment MOVE (NCT03312634).

Restraints of Brazil Fibrodysplasia Ossificans Progressiva Therapeutics Market

Limited patient population – Pharmaceutical companies are lesser interested in developing drugs due to the limited patient population suffering from disease which limits their profits and this thus acts as a market growth restraint.

Huge investment costs in research and development can also act as a market growth restraint.

Key players

uniQure Ionis Pharmaceuticals Alnylam Pharmaceuticals Pfizer Sanofi Shire plc BioMarin Pharmaceutical Inc. Orchard Therapeutics plc PTC Therapeutics Inc. Novartis

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Market Segmentations For Brazil Fibrodysplasia Ossificans Progressiva Therapeutics Market

By drug type

  • Corticosteroids
  • NSAIDs
  • Bisphosphonates
  • Others

By Route of administration

  • Oral
  • Topical
  • Parenteral

By Distribution channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 04 July 2023
Updated by: Keta Vora

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