The
global Duchenne Muscular Dystrophy (DMD) Drugs Market size
is expected to reach USD 4.11 billion by 2023, according to a new report by
Grand View Research, Inc., expanding at a CAGR of 41.3% during the forecast
period. Several factors such as emergence of mutation-specific therapies,
growing target population, and favorable government initiatives are driving the
market.
The
DMD therapeutics market has only three approved products - Exondys51,
Translarna, and Emflaza. Increasing uptake of mutation-targeted therapies is
likely to boost the sales of branded drugs. However, stringent regulatory
procedures and lack of standardized protocol for determination of clinical
efficacy are key challenges for the market.
Exon-skipping
platform is estimated to hold about 45.0% of the market share by 2023, driven
by increasing adoption of Exondys51 and impending approval of golodirsen and
casimersen. Mutation-specific therapies, such as Translarna, are anticipated to
face limited adoption due to premium pricing. Associated adverse effects of
steroid therapy make them a less favored treatment option.
The
DMD drugs market is projected to become intensely competitive in medium- to
long-term. The sector has witnessed delays and denials of several key products
by the U.S. FDA due to insufficient trials. Raxone (by Santhera) and Givinostat
(by Italfarmaco) remain the most strategically significant R&D pipeline
assets for the DMD market, with good possibility of regulatory approval during
the forecast period.
Launch
of late-stage pipeline products is poised to alter the DMD therapeutic
landscape in the near future. Several novel mechanisms of action, such as NF-κB
inhibition, myostatin inhibition, and gene therapy are under investigation.
Other drug classes, such as exon-skipping and mutation-suppression, are
expected to gain traction over the forecast period, supported by rising
adoption of these therapeutics.
Milo
Biotechnology is one of the first companies to venture into gene therapy for
DMD. Company’s investigational therapy uses an adeno-associated virus as a
myostatin inhibitor and is in early stages of development. Wave Life Science’s
pipeline product is likely to perform 25 times better in terms of clinical
efficacy than the existing exon-skipping drugs.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/duchenne-muscular-dystrophy-dmd-drugs-market
https://www.grandviewresearch.com/industry-analysis/duchenne-muscular-dystrophy-dmd-drugs-market
Further key findings from the report suggest:
- Exon-skipping
platform dominated the therapeutic approaches in 2017, capturing nearly
40.0% of the market. Exondys51 is estimated to be the leading drug for DMD
by 2023
- The U.S.
dominated the regional market share and is projected to maintain its lead
through 2023, owing to rising disease incidence and anticipated launch of
promising pipeline candidates
- Mutation-suppressive
therapeutics and steroids are projected to witness healthy growth due to
increasing adoption of Translarna and Emflaza
- Translarna
received conditional approval in Europe in 2014 for treatment of nonsense
mutation DMD patients who are in ambulatory state and are 5 years or
older. Exondys51 and Emflaza have not been approved for DMD treatment in
Europe
- Sarepta,
PTC, Santhera, Italfarmaco, and Catabasis are some of the key players
operating in this arena
- Sarepta is
poised to lead the market by 2023 due to higher adoption of Exondys51 as
well as anticipated launch of pipeline candidates
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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