COVID-19 Impact On Alpha-1 Antitrypsin Deficiency Treatment Market Analysis From 2021 To 2026
Global Alpha-1 Antitrypsin Deficiency Treatment Market Key Players Analyzed In Report:
- Grifols S.A.
- CSL Limited
- Kamada Ltd.
- Takeda Pharmaceutical Company Limited
- Abeona Therapeutics Inc.
The rising awareness of alpha-1 antitrypsin deficiency and emerging guidelines for the treatment and diagnosis of alpha-1 antitrypsin deficiency treatment is expected to contribute positively to the market. The approval of A1AT Genotyping Test by FDA is expected to accelerate AATD treatment market growth. For instance, Grifols, S.A., received FDA approval for A1AT Genotyping Test for the diagnosis of alpha-1 antitrypsin deficiency serving as an innovative genetic test which will enable precise and early detection.
Alpha-1 Antitrypsin Deficiency Treatment Market Size segmented By Drug Class (Alpha-1 proteinase inhibitor, Bronchodilators, Steroids, Antibiotics), By Route of Administration (Oral, Injection, Inhalation), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Stores), and Geography Forecast till 2026.
The potential pipeline products by key players is predicted to further propel growth of the market. In addition, the authorization of Respreeza by European Commission is likely to stimulate growth of the market. For instance, the European Commission granted marketing authorization to Respreeza, a drug for the treatment of alpha-1 antitrypsin deficiency manufactured by CSL Behring in all European Union.
Geographically, the global alpha-1 proteinase inhibitor market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In North America, the alpha-1 antitrypsin deficiency treatment market is expected to grow during the projected period owing to the rising recommendations for augmentation therapy for alpha-1 antitrypsin deficiency treatment. For instance, the Clinical Practice Guidelines published in the Journal of the COPD Foundation recommend augmentation therapy for all those who have alpha-associated lung diseases. The alpha-1 antitrypsin deficiency treatment market in Europe and Asia Pacific is expected to grow during the forecast period owing to the rising prevalence of alpha-1 antitrypsin deficiency in the region.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations travel bans and quarantines restaurants closed all indoor events restricted over forty countries state of emergency declared massive slowing of the IT Spending market volatility falling business confidence, growing panic among the population, and uncertainty about future.
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The Alpha-1 Antitrypsin Deficiency Treatment Market Size, Share, Growth report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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