The rising prevalence of alpha-1 antitrypsin deficiency is expected to aid growth of the global alpha-1 antitrypsin deficiency (AATD) treatment market, says Fortune Business Insights in a report, titled “Alpha-1 Antitrypsin Deficiency (AATD) Treatment Market Size, Share and Global Trend By Drug Class (Alpha-1 proteinase inhibitor, Bronchodilators, Steroids, Antibiotics), By Route of Administration (Oral, Injection, Inhalation), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Stores) and Geography Forecast till 2026.” The emerging guidelines for the treatment and diagnosis of alpha-1 antitrypsin deficiency will create growth opportunities for the market.
For more information in the analysis of this report, visit:https://www.fortunebusinessinsights.com/industry-reports/alpha-1-antitrypsin-deficiency-aatd-treatment-market-100189
Some Of The Major Companies That Are Present In The Global Alpha-1 Antitrypsin Deficiency Treatment Market Are:
- Grifols S.A.
- CSL Limited
- Kamada Ltd.
- Takeda Pharmaceutical Company Limited
- Abeona Therapeutics Inc.
- and other players.
Increasing Recommendations For Augmentation Therapy Will Boost Growth In North America
Geographically, the global alpha-1 proteinase inhibitor market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In North America, the alpha-1 antitrypsin deficiency treatment market is expected to grow during the projected period owing to the rising recommendations for augmentation therapy for alpha-1 antitrypsin deficiency treatment. For instance, the Clinical Practice Guidelines published in the Journal of the COPD Foundation recommend augmentation therapy for all those who have alpha-associated lung diseases. The alpha-1 antitrypsin deficiency treatment market in Europe and Asia Pacific is expected to grow during the forecast period owing to the rising prevalence of alpha-1 antitrypsin deficiency in the region.
Potential Pipeline Products Will Enable Growth
The rising awareness of alpha-1 antitrypsin deficiency and emerging guidelines for the treatment and diagnosis of alpha-1 antitrypsin deficiency treatment is expected to contribute positively to the market. The approval of A1AT Genotyping Test by FDA is expected to accelerate AATD treatment market growth. For instance, Grifols, S.A., received FDA approval for A1AT Genotyping Test for the diagnosis of alpha-1 antitrypsin deficiency serving as an innovative genetic test which will enable precise and early detection. The potential pipeline products by key players is predicted to further propel growth of the market. In addition, the authorization of Respreeza by European Commission is likely to stimulate growth of the market. For instance, the European Commission granted marketing authorization to Respreeza, a drug for the treatment of alpha-1 antitrypsin deficiency manufactured by CSL Behring in all European Union.
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