Market Analysis: Global Skeletal Dysplasia Market
Skeletal dysplasia market is set to witness a stable CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cases of skeletal dysplasia and rising demand for better treatment among population are the major factors for the growth of this market.
Market Definition: Global Skeletal Dysplasia Market
Skeletal dysplasia or osteochondrodysplasias is a condition which usually occurs in children and affects the growth of their bones or cartilage. People with skeletal dysplasia usually have different shape and size of their arms, legs and other part of the body. Osteogenesis imperfect, hydrochondroplasia, achondroplasia and thanatophoric dysplasia etc. are some of the common type of the skeletal dysplasia. It is a genetic condition and is caused due to a defect called genetic mutation. Increasing cases of skeletal dysplasia among children is the factor fuelling the growth of this market.
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Market Drivers
• Rising awareness about the early treatment of skeletal dysplasia will drive the market growth
• Increasing cases of skeletal dysplasia in children will also propel the market
• Technological advancement and development in skeletal dysplasia devices will also act as a driver for this market
• Government is also taking initiative in recognizing orphan drugs is also one of the factor boosting the market growth
Market Restraints
• Less awareness among population about skeletal dysplasia will restrain the market
• Poor diagnostic condition in developing country also impedes this market growth
Segmentation: Global Skeletal Dysplasia Market
By Type
o Achondroplasia
o Hypochondroplasia
o Thanatophoric Dysplasia
o Osteogenesis Imperfect
o Others
By Treatment
o Medication
o Growth Hormones
o Muscle Relaxants
o Parathyroid Hormones
o Others
o Surgery
o Others
By End- Users
o Hospitals
o Ambulatory Surgical Centers
o Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia-Pacific
• Middle East & Africa
o South Africa
o Rest of Middle East & Africa
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Key Developments in the Market:
• In June 2018, BioMarin Pharmaceutical Inc. announced that they have dosed the first participant in a global Phase 2 study for vosoritide which is specially designed for the treatment of achondroplasia in children and young. Vosoritide has the ability to determine the skeletal growth and proportionality of bones while the body is still growing
• In September 2018, Jansen’s Foundation organized their first conference on Skeletal Dysplasia. Many experts related to the field of genetics, orthopedics and endocrinology attended this conference and discussed about the treatment of this critical disease. They also discussed about the bone histology, limb alignment and histomorphometry during the conference
Competitive Analysis:
Global Skeletal dysplasia market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of skeletal dysplasia market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors:
Few of the major competitors currently working in the global skeletal dysplasia market are BioMarin, Clementia, Regeneron, Ultragenyx Pharmaceutical, Alexion, Novartis AG, Eli Lilly and Company, Cipla Inc., F. Hoffmann-La Roche Ltd, Merck KGaA, Dr. Reddy’s Laboratories Ltd., CELGENE CORPORATION, Teva Pharmaceutical Industries Ltd among others.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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