Global Wilson’s disease Treatment Market, By Treatment (Medications and Others), Distribution Channel (Government, Hospitals, and Medical Practitioners), and By Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Global Wilson's disease Treatment Market

Wilson’s disease also referred as hepatolenticular degeneration and progressive lenticular degeneration, is a rare genetic disorder that causes copper poisoning in the body. It is so rare that it affects around 1 in 30,000 people worldwide. It is typically characterized by loss of function of the ATP7B copper-binding protein that leads to impaired copper transport and excretion, which results in accumulation of free copper in the bloodstream that results in damage of liver, brain, and other organs. Wilson’s disease is challenging to differentiate from other serious hepatic or neurologic conditions, due to which fewer patients are expected to be diagnosed than its actual prevalence. Wilson’s disease is characterized by the degree of accumulation of free copper in liver and the brain. Although there are no definite symptoms for Wilson’s disease, patients may suffer from abdominal pain, problems in coordination and abnormality in walking, dark rings in the iris, swelling, fatigue, tremor, or yellow skin and eyes.

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Wilson disease is suspected in the individual of age 3 - 60 years, whereas the chance of child inheriting autosomal recessive mutation from both the parent by gene mutation is 25% or one in four ratio.

The global Wilson's disease treatment market was valued at US$ 392.0 million in 2016 and is expected to witness a robust CAGR of 6.0% during the forecast period (2017-2025).

Rampant advancements in technology allowing for early detection driving growth of the Wilson’s disease treatment market

Among regions, North America accounts for the market largest share in the global Wilson’s disease treatment market, followed by Europe. This is owing to rapid growth in geriatric population in these regions. Furthermore, Asia Pacific is expected witness the fastest growth in the global Wilson’s disease treatment market, increasing population in China and India. Moreover, increase in health expenditure on healthcare further are expected drive growth of Wilson’s disease treatment market in the region. The market is expected to show high growth rate in Asia Pacific region over the forecast period as Asia consist of 60% of the world’s current population and as Wilson’s disease is a hereditary disease the chance of expansion of this disease is more in Asia Pacific region. According to National Institute on Aging in 2010 it was estimated that 524 million people were aged 65 or older that is 8% of the world's population and by 2050, which is expected to nearly triple the number to 1.5 billion, representing 16% of the world's population. This above mentioned statistics is expected favor the growth of Wilson’s disease treatment market.

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Market Dynamics
Increase in awareness regarding Wilson’s disease is expected to fuel the Wilson’s disease treatment market in near future

Growing awareness related to Wilson’s disease is expected to drive growth of the global Wilson’s disease treatment market during the forecast period. There are various organizations and association working to create the awareness regarding Wilson’s disease for example, Wilson’s disease association is a volunteer organization striving to promote the well-being of the patients with Wilson’s disease where they offer the latest information about disease and its symptoms and treatment. Moreover Wilson’s disease association supports research and clinical investigation for Wilson’s disease.

Furthermore, manufacturers also significantly supports the Wilson’s disease awareness programs for example, in 2016, Valeant pharmaceutical announced company’s commitment to improve the lives of Wilson’s disease patients around the world, whereas Valeant has agreed to provide US$ 100,000 to fund enhanced patient awareness and research into the Wilson’s disease.

Difficulty in diagnosing and late realization of symptoms are expected to restrain growth of the global Wilson’s disease treatment market over the forecast period.

Competitive Landscape
Major companies operating in the global Wilson’s disease treatment market are Valeant Pharmaceuticals International, Inc., Noblepharma Co., Ltd., Wilson Therapeutics AB, Kadmon Holdings, Inc., Merck & Co., Inc., VHB Life Science Ltd., Teva Pharmaceuticals USA, Inc. and Tsumura & Co.


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