Global sialidosis market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 4.90% in the above mentioned forecast period.
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Sialidosis is an inherited metabolic disorder which affects many organs and tissues, including nervous system. This condition caused the deficiency of the enzyme neuraminidase. This deficiency further causes abnormal accumulation of toxic materials in the human body. It is also known as mucolipidosis type I (ML I). It is caused due to the mutation in NEU1 gene.
Rise in the prevalence of disease, growing government initiatives, advancement in treatment options, growing focus of major pharmaceutical companies towards novel treatment therapies, genetic counselling and rising awareness are the factors that will expand the global sialidosis market. Rise in the research and development activities and ongoing clinical trials will provide beneficial opportunities for the global sialidosis market in the forecast period of 2021-2028.
This sialidosis market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global sialidosis market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America dominates the sialidosis market due to the presence of major key players, continuous technological development, well-developed healthcare sector, increasing prevalence of rare disease, and increasing awareness in this region. Global sialidosis market in the Asia-Pacific and Europe is expected to grow during the forecast period due to the increasing research and development activities, rising investment in the healthcare sector, and growing government support.
The major players covered in the global sialidosis market report are Novartis AG, Pfizer Inc., Johnson Johnson Private Limited, Abbott, GlaxoSmithKline plc, UCB S.A., Teva Pharmaceutical Industries Ltd., and Takeda Pharmaceutical Company Limited, among other domestic and global players.
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