Cystic Fibrosis (CF) Market Revenue, Opportunity, Segment and Key Trends 2017-2023
Our latest research report entitled Cystic Fibrosis (CF) Market (by drug class (CFTR modulators, mucolytics, pancreatic enzyme supplements and bronchodilators), by route of administration (inhaled drugs and oral drugs)) provides complete and deep insights into the market dynamics and growth of Cystic Fibrosis (CF). Latest information on market risks, industry chain structure Cystic Fibrosis (CF) cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Cystic Fibrosis (CF) growth factors.
The forecast Cystic Fibrosis (CF) Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Cystic Fibrosis (CF) on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. Cystic fibrosis is a genetic disease that causes continuous lung infections and breathing problem over time. It is a progressive disease. The presence of imperfect gene causes a thick, sticky buildup of mucus in the lungs, intestine liver, pancreas, and other organs. The mucus in the lungs clogs airways and traps bacteria leading to infections that causes savior lung damage, and respiratory failure. The mucus prevents in the pancreas discharge the digestive enzymes that allow the body to break down food and absorb vital nutrients. This disease is caused by mutation in gene, cystic fibrosis trans membrane conductance regulator (CFTR) is a membrane protein in vertebrates, a protein required for regulating sweat, mucus and body secretions.
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Cystic fibrosis is an inherited disorder that causes severe damage to the lungs, digestive system and other organs in the body. Cystic fibrosis affects the cells that produce mucus, sweat and digestive juices. These secreted fluids are normally thin and slippery. But in people with cystic fibrosis, a defective gene causes the secretions to become sticky and thick. Instead of acting as a lubricant, the secretions plug up tubes, ducts and passageways, especially in the lungs and pancreas. Although cystic fibrosis requires daily care, people with this condition are usually able to attend school and work, and often have a better quality of life than people with cystic fibrosis had in previous decades
Improvements in screening and treatments are the major factors driving the growth of the cystic fibrosis therapeutics market. Due to Improvements in screening and treatments, mean people with cystic fibrosis now may live into their mid- to late 30s, on average, and some are living into their 40s and 50s. However, complicated pathophysiology, high cost of treatment and R&D and increase in genetic mutation rate are some of the factors expected to hinder the growth of this market. Furthermore, owing to continued extensive research and development activities, a variety of medicines are expected to launch in the market in future period. Increasing global awareness for cystic fibrosis therapy, technological advancements in the R&D is expected to further drive the cystic fibrosis therapeutics market.
Among the Geographies, North America held the largest market share in 2017, owing to improve healthcare infrastructure and healthcare policies. U.S drives the North America market, owing to early screening of newborns for cystic fibrosis in every state in the United States so that this condition can be diagnosed within the first month of the life, before symptoms develop. The European market is considered as most lucrative market for CF Therapeutics, followed by the North American Market.
Segments Covered:
The report segments the global cystic fibrosis market by drug class, by route of administration and by region. The global cystic fibrosis market is segmented on the basis of drug class as CFTR modulators, mucolytics, pancreatic enzyme supplements and bronchodilators. The CFTR modulator drug class was estimated to account for approximately 44% of total CF drug revenue share in 2015. On the basis of route of administration it is segmented by inhaled drugs and oral drugs. Oral route accounted for the largest share of nearly 62.7% in 2015.
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