Sanfilippo Syndrome Market is Anticipated to Witness High Growth Owing to Promising Drug Pipeline
Sanfilippo syndrome, also known as mucopolysaccharidosis type III (MPS III), is a rare inherited genetic lysosomal storage disease characterized by deficiency in one of the four enzymes involved in breakdown and metabolism of heparan sulfate. This leads to buildup of heparan sulfate in the brain and other tissues. Clinical manifestations include progressive loss of cognitive abilities and motor skills along with physical changes associated with lysosomal storage disorders. The global sanfilippo syndrome market is expected to grow owing to promising pipeline candidates.
The global Sanfilippo
Syndrome Market is estimated to be valued at US$ 9.7 Bn in 2024 and is
expected to exhibit a CAGR of 9.3% over the forecast period of 2024-2031.
Sanfilippo
syndrome primarily affects children between 3-6 years of age. However, early
diagnosis and treatment can help in managing symptoms and slowing disease
progression. Currently, the treatment landscape is limited to symptom management
with limited efficacy. However, the pipeline is rich with candidates offering
disease-modifying therapies.
Key Takeaways
Key players operating in the Sanfilippo syndrome market are Amgen Inc,
Alkem Labs, LUPIN, Hope Pharmaceuticals, and Sanifit. Amgen Inc. and Sanifit
are currently evaluating early and late-stage pipeline candidates offering
hopes of disease-modifying therapies.
The global Sanfilippo syndrome prevalence is expected to witness growth owing
to increasing diagnostic capabilities. Additionally, low disease awareness is
expected to provide scope for growth as early diagnosis allows for timely
management.
Key players are expanding globally through strategic collaborations to develop
and commercialize novel treatment options. For instance, in 2021, Lysogene
partnered with Sarepta Therapeutics to develop LYS-SAF302, an AAV gene therapy
for Sanfilippo syndrome type A.
Market Drivers
Growing research and development activities: Extensive R&D by key
players towards the development of novel treatment modalities such as gene
therapies, enzyme replacement therapies is expected to drive market growth. For
instance, Phase 1/2 clinical trials are ongoing for LYS-SAF302, an AAV gene
therapy by Lysogene.
Increasing awareness: Initiatives by patient advocacy groups and research
organizations towards spreading awareness about rare diseases is anticipated to
aid early diagnosis and treatment, driving market revenues.
Market Restraints
High disease complexity: Sanfilippo syndrome causes progressive damage to
the brain and other tissues making treatment increasingly complex at advanced
stages thereby hindering treatment response.
High treatment costs: Developing
treatments for rare diseases requires substantial investments and specialized
manufacturing infrastructure raising the costs significantly. This negates
affordability and accessibility to some extent.
Segment Analysis
The sanfilippo syndrome market can be segmented on the basis of type,
treatment, and end-user. In terms of type, the market includes type A, type B,
type C, and type D. Among these, type A dominates the market as it accounts for
the largest share of cases of Sanfilippo syndrome due to its early symptoms
that result in early diagnosis. In terms of treatment, the market includes enzyme
replacement therapy, bone marrow transplant, hematopoietic stem cell
transplant, gene therapy, and others. Enzyme replacement therapy holds the
largest market share as it is the only approved treatment for this condition
currently. In terms of end-user, the market includes hospitals & clinics,
research laboratories & Institutes, and others. Hospitals & clinics
dominate the segment owing to a large number of patients undergoing treatment
in hospitals.
Global Analysis
North America holds the largest share in the global sanfilippo syndrome
market due to the presence of major players, rising research and development
activities, and growing healthcare expenditure in this region. However, Asia
Pacific is expected to grow at the highest CAGR during the forecast period due
to increasing healthcare infrastructure, rising access to healthcare
facilities, surging diagnosis rates, and growing awareness about rare diseases.
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What
Are The Key Data Covered In This Sanfilippo Syndrome Treatment Market Report?
:- Market
CAGR throughout the predicted period
:- Comprehensive
information on the aspects that will drive the Sanfilippo Syndrome Treatment 's
growth between 2024 and 2031.
:- Accurate
calculation of the size of the Sanfilippo Syndrome Treatment and its contribution to the market, with
emphasis on the parent market
:- Realistic
forecasts of future trends and changes in consumer behaviour
:- Sanfilippo
Syndrome Treatment Industry Growth in
North America, APAC, Europe, South America, the Middle East, and Africa
:- A
complete examination of the market's competitive landscape, as well as
extensive information on vendors
:- Detailed
examination of the factors that will impede the expansion of Sanfilippo
Syndrome Treatment vendors
About Author:
Ravina Pandya, Content Writer, has a strong foothold
in the market research industry. She specializes in writing well-researched
articles from different industries, including food and beverages, information
and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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