Friday, September 20, 2024

Friedreich's Ataxia Treatment Market Size in the 7MM will experience significant changes during the forecast period of 2024-2034, estimated DelveInsight

Friedreich's Ataxia Treatment Market Size in the 7MM will experience significant changes during the forecast period of 2024-2034, estimated DelveInsight

Friedreich's Ataxia Treatment Market is projected to witness substantial growth over the next few years, driven by advancements in treatment modalities and increasing awareness of the condition. The pipeline for Friedreich's Ataxia Therapeutics includes promising candidates that aim to not only treat acute attacks but also prevent recurrence.

 

DelveInsight's “Friedreich's Ataxia Market Insights, Epidemiology and Market Forecast – 2034” report delivers an in-depth understanding of the Friedreich's Ataxia, historical and forecasted epidemiology as well as the Friedreich's Ataxia market trends in the United States, EU4 (Germany, Spain, Italy, and France) and the United Kingdom, and Japan.

 

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Key Takeaways from the Friedreich's Ataxia Market Report

  • In September 2024:- PTC Therapeutics- An Open-Label Study to Evaluate Pharmacokinetics, Safety, and Efficacy of Vatiquinone in Children With Friedreich Ataxia Younger Than 7 Years of Age. The primary objective of the study is to assess the pharmacokinetics (PK) and safety of vatiquinone administered in participants with Friedreich ataxia (FA) younger than 7 years.
  • In September 2024:- Reata- Friedreich's ataxia is an autosomal recessive cerebellar ataxia caused by triplet-repeat expansions. The causative mutation is a trinucleotide (GAA) repeat expansion in the first intron of the frataxin gene, leading to impaired transcription of frataxin. The pathological consequences of frataxin deficiency include a severe disruption of iron-sulfur cluster biosynthesis, mitochondrial iron overload coupled to cellular iron dysregulation, and an increased sensitivity to oxidative stress.
  • Based on a secondary research genetically confirmed Friedreich's ataxia patient has not been found in the Japanese population, and the majority of patients with Friedreich's ataxia-like phenotype may be confirmed as AOA1, AOA2, ataxia with vitamin E deficiency or autosomal-recessive spastic ataxia of Charlevoix-Saguenay if examined by genetic testing.
  • According to a study, cases of Friedreich's ataxia are very rare in Japan. It was observed that among 844 probands with various types of spinocerebellar degeneration reported by approximately 200 major neurological clinics in Japan, there were 26 males and 26 females diagnosed with Friedreich's ataxia.
  • As per the statistics by National Institute of Neurological Disorders and Stroke, although rare, Friedreich's ataxia is the most common form of hereditary ataxia in the United States, affecting about 1 in every 50,000 people. Adult or late-onset Friedreich's ataxia is less common, <25% of diagnosed individuals, and can occur anytime during adulthood.
  • According to a study in 2009, Friedreich's ataxia is the most common of the inherited ataxias across most of Europe. Its prevalence is highest in Western Europe, with more than 1 case per 30,000 individuals (1/30,000) reported in north-west Spain.
  • The leading Friedreich's Ataxia Companies such as Neurocrine Biosciences, Takeda, Reata Pharmaceuticals Inc., AbbVie, Minoryx Therapeutics S.L., ApoPharma, Metro International Biotech LLC, PTC Therapeutics, Design Therapeutics Inc., Larimar Therapeutics Inc., Veristat Inc., Retrotope Inc., and others.
  • Promising Friedreich's Ataxia Therapies such as Vatiquinone, Omaveloxolone Capsules, 2.5 mg, and others.

 

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Friedreich's Ataxia Epidemiology Segmentation in the 7MM

  • Total Friedreich's Ataxia Prevalent Cases
  • Friedreich's Ataxia Diagnosed Prevalent Cases
  • Friedreich's Ataxia Onset Type Diagnosed Prevalent Cases
  • Friedreich's Ataxia Age-specific Diagnosed Prevalent cases

 

Friedreich's Ataxia Market Insights

Friedreich's Ataxia is an inherited neurodegenerative disease, for which there is only one US FDA-approved treatment. Treatments for Friedreich's ataxia have targeted specific symptoms of the disease rather than the underlying cause, and to a greater degree, these therapeutic options still make up the gold standard Friedreich's ataxia care. There is no cure for the disease, but there are ways to manage the condition and improve the quality of life for those living with Friedreich's ataxia. Fortunately, the most life-threatening symptom in patients with Friedreich's ataxia, i.e. Heart disease, can be controlled with treatments developed for use in the general population.

 

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Friedreich's Ataxia Therapeutics Market Landscape

The Friedreich's ataxia market in the 7MM (United States, EU4 and the UK, Japan) is poised for growth, driven by increasing awareness of the disease and advancements in genetic testing. Currently, the market is characterized by a limited number of treatment options, with ongoing research and clinical trials exploring novel therapies. The rising prevalnce of Friedreich's ataxia has led to greater demand for specialized care and support services. Additionally, collaborations between pharmaceutical companies and research institutions are fostering innovation in potential therapies. As awareness continues to grow, the market is expected to attract investment and drive the development of new treatment modalities, ultimately improving patient outcomes.

 

Friedreich's Ataxia Treatment Market

The Friedreich's ataxia treatment market goal primarily focuses on managing symptoms, slowing down the progression of the disease, and improving the quality of life for patients. This often involves a multidisciplinary approach, including physical therapy, occupational therapy, speech therapy, and medications to manage symptoms such as slurred speech, muscle stiffness, loss of reflexes, and fatigue. Additionally, research efforts are ongoing to develop therapies that target the underlying genetic cause of the disease, with the ultimate aim of finding a cure.

 

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Scope of the Friedreich's Ataxia Market Report

  • Coverage- 7MM
  • Friedreich's Ataxia Companies- Neurocrine Biosciences, Takeda, Reata Pharmaceuticals Inc., AbbVie, Minoryx Therapeutics S.L., ApoPharma, Metro International Biotech LLC, PTC Therapeutics, Design Therapeutics Inc., Larimar Therapeutics Inc., Veristat Inc., Retrotope Inc., and others.
  • Friedreich's Ataxia Therapies- Vatiquinone, Omaveloxolone Capsules, 2.5 mg, and others.
  • Friedreich's Ataxia Competitive Intelligence Analysis: SWOT analysis and Market entry strategies
  • Friedreich's Ataxia Unmet Needs, KOL's views, Analyst's views, Friedreich's Ataxia Market Access and Reimbursement

 

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Table of Content

1: Key Insights

2: Report Introduction

3: Friedreich’s Ataxia Market Overview at a Glance

4: Key Events

5: Epidemiology and Market Methodology

6: Executive Summary of Friedreich’s Ataxia

7: Disease Background and Overview: Friedreich’s Ataxia

8: Epidemiology and Patient Population

9: Patient Journey

10: Marketed Therapies

11: Emerging Therapies

12: Friedreich’s Ataxia: 7 Major Market Analysis

13: Key Opinion Leaders’ Views

14: SWOT Analysis

15: Unmet needs

16: Market Access and Reimbursement

17. Appendix

18: DelveInsight Capabilities

19: Disclaimer

20: About DelveInsight

 

About Us

DelveInsight is a leading healthcare-focused market research and consulting firm that provides clients with high-quality market intelligence and analysis to support informed business decisions. With a team of experienced industry experts and a deep understanding of the life sciences and healthcare sectors, we offer customized research solutions and insights to clients across the globe. Connect with us to get high-quality, accurate, and real-time intelligence to stay ahead of the growth curve.

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