Market research conducted by Fact.MR on the combined immune deficiency market offers key insights regarding chief growth drivers and restrains that might impact the overall growth trajectory.
Variety of Antibody Deficiency Treatments Available to Boost the Combined Immune Deficiency Market
Market research conducted by Fact.MR on the combined immune deficiency (CID) market offers key insights regarding chief growth drivers and restrains that might impact the overall growth trajectory. The report showcases compelling case studies and information about CID demand outlook in terms of therapy type, diseases type, and end user. Key growth strategies adopted by top market players to improve sales are also discussed in this report.
Fact.MR – A Market Research and Competitive Intelligence Provider: The market for combined immune deficiency (CID) is expected to increase at a healthy rate through 2021 and beyond, according to Fact.MR. The need for CID treatments will rise as the number of cases with combined immune deficiency (CID) illnesses rises, as will consumer spending on healthcare.
The pandemic of COVID-19 had a huge influence on the CID market. Patients with immune system problems are more likely to contract infectious infections. The new coronavirus also impaired the immune systems of those infected, resulting in an increase in the number of CID patients seeking treatment on a regular basis. During the ongoing pandemic crisis, the high risk of morbidity and mortality among CID patients due to COVID-19 fueled demand for treatments.
The American Academy of Pediatrics reported that 1 in 2000 children and 1 in 600 households get diagnosed with primary immune deficiency every year. Rise in R&D activities aimed at identifying the faulty gene that could cause CID will accelerate gene sequencing and other drug development procedure. This will drive the market growth during the forecast period.
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In terms of cell mediated and associated parameters, genetic mutation is at the top of the list of primary causes of immune deficiencies. The demand for combined immune deficiency treatments will expand rapidly in the future, as genetic mutation and defect-induced CID diseases currently affect respiratory systems, gastrointestinal tracts, neurological systems, urinary tracts, and sensory organs.
To address the long-term symptoms of CID, a variety of treatments are available, including stem cell transplants, antibiotic therapy, and immunoglobulin replacement therapy. Increasing investments in treatment research will fuel market expansion throughout the forecast period.
“Growing research on genetic defects will influence the combined immune deficiency treatment development. Leading research institutes are focusing on studying these immunity ailments on genetic level to identify the causes and trigger points of these diseases. Investment in such projects will boost the market growth in upcoming decade”, said a Fact.MR analyst.
Key Takeaways:
- The United States is expected to lead the North American combined immune deficiency market, thanks to rising cases of immunity disorders among toddlers and the country’s advanced healthcare infrastructure.
- Over the projected period, rising government investment in research and development of inexpensive gene therapy and other immune disease treatments is expected to make India an attractive market.
- Due to increased research and development operations to strengthen the country’s medical and healthcare systems, China is predicted to grow rapidly in the combined immune deficiency market.
- Due to increased research investment and good findings from ongoing clinical trials, gene therapy treatment will have the largest market share.
- Antibody deficiency treatment’s numerous treatment choices will drive market expansion during the forecast period.
Growth Drivers:
- Over the projected period, rising global cases of combined immune deficiency (CID), particularly among children and babies, would boost demand for CID treatments.
- Market growth will be aided by increased government and private financing for the development of innovative therapies for combined immune deficiency.
- Adoption of cutting-edge technologies in gene therapy and therapeutic research for the development of CID treatments will boost market growth.
Key Restraints:
- Lack of consumer awareness of combined immune deficiency diseases, particularly in underdeveloped nations, may stymie market expansion.
- The adoption of combined immune deficiency therapy will be hampered by a lack of financing and proper diagnostic facilities.
- Market growth will be limited by the high cost of gene therapy for treating combined immune deficiency and rigorous regulatory standards for treatment approval.
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Competitive Landscape
According to Fact.MR, the major market participants in the combined immune deficiency market are Baxter International Inc., LFB S.A., Biotest AG, Shire Plc, and Grifols S.A. As of 2021, they account for the majority of market share. Organic and inorganic growth tactics are being used by industry players to gain a foothold in this competitive market.
Some of these firms are putting significant resources into product research and development, as well as cooperating with other industries to pool resources and expertise and expand their product range for personalized treatments.
- For instance, Genome institute collaborated with University of California, University of Berkeley, and UC San Francisco for development of CRISPR test. In March 2021, they received the Food and Drug Administration (FDA) approval for their CRISPR test to rectify genetic defects related with sickle cell disease.
- Bioverge launched its equity crowd-funding platform called “Bioverge Portal” in April 2021. This platform is designed to assist professional investors in investing into treatments from private healthcare startups.
- In November 2020, Mustang Bio Inc. signed a joint agreement with Minaris Regenerative medicine to share technology for research on MB-107 lentiviral gene therapy for X-linked severe combined immunodeficiency and GMP production.
Key players operating in the combined immune deficiency (CID) market are
- LFB SA
- Shire plc
- Kedrion Biopharma Inc
- CSL Behring
- Octapharma
- China Biologic Products Holdings, Inc
- Sanquin,
- Grifols, S.A
- Biotest AG,
- Baxter International Inc.
More Insights on the Combined Immune Deficiency (CID) Market:
Fact.MR provides an unbiased analysis of the combined immune deficiency (CID) market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global combined immune deficiency (CID) market with a detailed segmentation on the basis of:
Disease Type
- Antibody Deficiency
- Cellular Immunodeficiency
- Innate Immune Disorders
Therapy Type
- Immunoglobulin Replacement Therapy
- Bone marrow transplant
- Stem cell transplant
- Lung transplant
- Gene therapy
- Others
End User
- Hospitals
- Ambulatory surgical care
- Research and development institutes
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Key Questions Covered In the Combined immune deficiency (CID) Market Report
- The report offers insight into combined immune deficiency (CID) demand outlook for 2021-2031
- The market study also highlights projected sales growth for combined immune deficiency (CID) market between 2021 and 2031
- Combined immune deficiency (CID) market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Combined immune deficiency (CID) market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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