April 15, 2020
Alkaptonuria Drugs Market Key Players Poised to Garner Maximum Revenues by 2027
Alkaptonuria: Rare Form of Disease Shows Major Symptoms in Adulthood
- Alkaptonuria is a rare form of a genetic metabolic disorder characterized by the accumulation of homogentisic acid in the body. This disease is also called black urine disease or black bone disease.
- Affected people may have dark urine or urine that turns black when exposed to air. However, this change may not occur for several hours after urination and often goes unnoticed.
- Black urine is main symptom in this disease which is present from birth. However, more symptoms can be observed in adulthood. The disorder is caused by mutation of the homogentisate 1, 2-dioxygenase (HGD) gene.
- Symptoms of this disease include ochronosis, eye sclera discoloration, tendonitis, and long-standing conditions leading to arthritis
- No medications are known to be useful in managing alkaptonuria. However, symptomatic relief can be provided by different classes of drugs. Also, several drugs are in investigational phase for the treatment of alkaptonuria.
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Key Drivers and Restraints of Global Alkaptonuria Drugs Market
- Increase in new reported cases of alkaptonuria is the major factor responsible for the growth of the global alkaptonuria drugs market
- For instance, according to an article published in the Journal of Rare Diseases on December 2013, the worldwide prevalence of alkaptonuria is 1 case in 250,000–1,000,000 births and total 950 alkaptonuria patients was identified in 40 countries by the end of 2013
- Rise in awareness about alkaptonuria disease and clinical investigational therapies for the disease are some of the major factors fuelling the growth of the global alkaptonuria market
- Patient assistance programs and different support programs in terms of treatment and research run by different organizations for alkaptonuria have further contributed to the growth of the global alkaptonuria drugs market
Ineffective Treatment Methods Hamper Market Growth
- Not much medications are available which can be fully described as effective options for the treatment for alkaptonuria. This unavailability of effective treatment options is hampering the market growth.
- Inadequate knowledge of the disease in some developing countries can also restrain the market growth
Enzyme Inhibitors - Highly Promising Drug Segment
- Based on drug class, the global alkaptonuria drugs market can be divided into vitamins, enzyme Inhibitors, and others
- Enzyme inhibitors include mainly Nitisinone which is a highly promising drug candidate for the treatment of alkaptonuria. This segment is anticipated to be a highly lucrative segment in the next few years due to ongoing clinical trials and availability of branded and generic options in this category.
- Vitamin C (ascorbic acid) is the major vitamin used for various metabolic processes. Mild antioxidant nature of vitamin C helps to retard the process of conversion of homogentisate to the polymeric material that is deposited in cartilaginous tissues.
Oral Route of Administration Dominated Global Market
- In terms of route of administration, the global alkaptonuria drugs market can be bifurcated into oral and injectable
- Oral route of administration dominated the global alkaptonuria drugs market due to accurate unit dosage forms by tablets & capsules in adults and higher preference in children for suspension
Online Pharmacies to be Promising Segment
- On the basis of distribution channel, the global alkaptonuria drugs market is classified into hospital pharmacies, retail pharmacies, and online pharmacies
- Easy availability of branded as well as generic drugs and easy access to retail pharmacies are some of the major factors responsible for the dominance of the retail pharmacies segment
- The online pharmacies segment is expected to be a highly lucrative segment during the forecast period due to rise in preference of online purchase by people and better discounted rates available at these stores.
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