The global isovaleric acidemia treatment market is expected to reach a valuation of USD 652.28 Million in 2023 and is projected to reach USD 1,125.15 by 2033, trailing at a CAGR of 5.6%.
Presently, genetic screening using mass spectrometry and DNA testing among all newborns is carried out in almost all of the developed nations of the world and also in developing economies of India, Brazil, and China. This helps uncover inherited metabolic disorders (IMD) at an early stage which is driving the market growth.
However, among many adult populations and in some children, rare genetic metabolic disorders are abruptly presented and often not accurately diagnosed. In such individuals, abnormal metabolic changes are considered to be a type of genetic mutation in routine diagnosis. The treatment of IMDs is broadly classified into dietary restrictions, dietary supplementation, drugs that inhibit or regulate metabolism, transplantation of the concerned organ, gene therapy, and dialysis in severe cases. In the case of familial chylomicronemia, gene therapy includes Alipogene tiparvovec recombinant gene therapy drug, manufactured by UniQure Inc.
This therapy utilizes viruses (adenovirus vector) designed in such a way that upon infection, the gene for producing the lipoprotein lipase is induced into the host cell, thereby producing the enzyme in-vivo. This therapy has shown positive results and is expected to be released into the market soon which presents opportunistic prospects for market expansion. For now, the global inherited metabolic disorders Market lies broadly in the dietary supplements market which is supporting market growth.
The use of genetic markers in T-cell receptor excision circles for severe combined immunodeficiency is one promising technique that augments market expansion. Moreover, the use of tandem mass spectrometry for the diagnosis of inborn errors of metabolism has the potential to expand the newborn screening panel which will propel the diagnostic market for isovaleric acidemia treatment.
Report Attribute | Details |
---|---|
Expected Market Value (2023) | USD 652.28 Million |
Anticipated Forecast Value (2033) | USD 1,125.15 Million |
Projected Growth Rate (2023 to 2033) | CAGR 5.6% |
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The isovaleric acidemia treatment market was valued at USD 520 Million in 2018 while exhibiting a CAGR of 4.64%. Adoption of new technology such as mRNA in metabolic testing procedures is expected to shift the pharmaceutical industry to new heights which are augmenting the demand for the Isovaleric Acidemia treatment market. Considering these factors, the market is estimated to be valued at USD 1,125.15 Million, growing at a CAGR of 5.6% by end of the forecast period.
The advent of new technologies in IVA fuelling market growth
The advent of tandem mass spectrometry expanded newborn screening (NBS) and has become a mandatory public health strategy in most developed and developing countries, which will drive market growth.
Moreover, this technology allows inexpensive simultaneous detection of more than 30 different metabolic disorders like Isovaleric Acidemia Treatment, in one single blood spot specimen at a cost of about USD 10 per baby, with commendable analytical accuracy and precision, which will bolster the demand for Isovaleric Acidemia Treatment drug and therapeutics during the forecast period. studies have confirmed that the savings achieved through the use of expanded NBS programs are significantly greater than the costs of implementation.
Autonomy for local screening agencies to develop their screening programs in order to keep pace with international advancements is expected to support market expansion. Integration of existing clinical IEM services with the expanded NBS program to enable close communication between the laboratory, clinicians, and allied health parties.
The adjuvant therapy with sapropterin is also helpful for PKU treatment. In recent years, private medical insurers in the USA and a few other countries are also offering reimbursement programs for the consumption of certain medical foods. Thus, the rising adoption of medical food and nutrient supplements is expected to foster market growth during the forecast period.
High cost of diagnostic treatment restraining market expansion
Inadequate reimbursement scenario, high cost of treatment and delayed adoption of new emerging diagnostic and therapeutic technologies will restrain the market growth during the forecast period.
North America was the largest market for Isovaleric Acidemia Treatment therapeutics with a market share of 41.8% in 2022. The market revenue in this region is projected to be valued at around USD 520 Million by 2033. It is likely to show prominent growth while retaining its dominance during the forecast period.
This is due to the increase in demand for sapropterin and kuvan for amino acid metabolism disorders treatments in the region. Moreover, the region boasts of a wide availability of treatments and a well-established healthcare infrastructure.
The extensive presence of several end-users focusing on treatment and studies of chronic disease makes use of metabolomics, and this is the primary driver of market growth in the region. The active participation of the government in the form of investment and world-class resources for research activities is driving the growth of the metabolomics market in the region of Canada.
The market in Asia Pacific is estimated to be valued at USD 350 Million, trailing at a CAGR of 4.9% during the forecast period. Growing investments in diagnostic healthcare, increasing adoption of new technologies, rising prevalence of inherited metabolic disorders in other regions, and increasing awareness regarding health are fuelling the demand for isovaleric acidemia disorder therapeutics in the region.
China is expected to dominate the Inborn errors of metabolism market with more than 41% market share in this region owing to the rapid adoption of mRNA technology in diagnostics and surging advancements in the medical sector.
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The supplements carnitine and glycine can reduce the toxicity of isovaleric acid and aid in its removal from the body. L-Carnitine supplements are expected to dominate the treatment segment with a share of 79% and are projected to retain the highest weight during the forecast period.
Administration of equimolar amounts of glycine or L-carnitine separately with leucine demonstrated that isovaleryl-coenzyme A is removed by supplemental L-carnitine in the form of isovalerylcarnitine as effectively as it is by glycine, in the form of isovalerylglycine. Treatment with L-carnitine alone has proven effective in preventing further hospitalizations in a patient with this disorder, which will drive the segment growth by end of the forecast period.
Key players in the Isovaleric Acidemia Treatment Market are Amgen, Replimune Group Inc., Transgene SA, Oncolys BioPharma, Targovax, Lokon Pharma, Vyriad, TILT Biotherapeutics, VCNBiosciences, DNAtrix.
Some Recent Developments in this industry are:
Report Attribute | Details |
---|---|
Market Value in 2023 | USD 652.28 Million |
Market Value in 2033 | USD 1,125.15 Million |
Growth Rate | CAGR of 5.6% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Treatment, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa (MEA) |
Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, The UK, France, Spain, Russia, Italy, India, China, Japan, South Korea, Saudi Arabia, Australia, New Zealand, UAE, South Africa, Israel |
Key Companies Profiled | Amgen; Replimune Group Inc.; Transgene SA; Oncolys BioPharma; Targovax; Lokon Pharma; Vyriad; TILT Biotherapeutics; VCNBiosciences; DNAtrix |
Customization | Available Upon Request |
FMI projects the global Isovaleric Acidemia Treatment Market to expand at a 5.6% value CAGR by 2033.
The global Isovaleric Acidemia Treatment Market is expected to garner a market value of USD 1,125.15 Million by 2033.
FMI has projected North America to be one of the most profitable regions for the Isovaleric Acidemia Treatment Market.
APAC region is expected to grow fastest during the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Treatment 5.1. Glycine supplements 5.2. L-carnitine supplements 5.3. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. Middle East and Africa 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Key Countries Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. Amgen 14.2. Replimune Group Inc. 14.3. Transgene SA 14.4. Targovax 14.5. Lokon Pharma 14.6. Vyriad 14.7. TILT Biotherapeutics 14.8. VCNBiosciences 14.9. DNAtrix 15. Assumptions & Acronyms Used 16. Research Methodology
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