Menkes Syndrome Marketis also known as steely hair disease is a rare, X-linked genetic disorder of copper metabolism caused by gene mutations of copper transporter ATP7A.Because of the mutation in copper transport gene, copper is unavailable to reach to the various cells where it is essential for the structure and function of various enzymes. It is characterized by sparse, kinky hair, failure to thrive and progressive deterioration of the nervous system.
Global Menkes syndrome market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Increase in funds from the government and high demand of disease specific novel therapies are the key factors that fueling the market growth.
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Competitive Analysis: Global Menkes Syndrome Market
Few of the major competitors currently working in Global Menkes Syndrome Market are Fortress Biotech, Teva Pharmaceutical Industries Ltd, Amerigen Pharmaceuticals Limited, Mylan N.V., Bausch Health, H. Lundbeck A/S and others.
Key Pointers Covered in the Global Menkes Syndrome Market Trends and Forecast to 2026
- Global Menkes Syndrome Market New Sales Volumes
- Global Menkes Syndrome Market Replacement Sales Volumes
- Global Menkes Syndrome Market Installed Base
- Global Menkes Syndrome Market By Brands
- Global Menkes Syndrome Market Size
- Global Menkes Syndrome Market Procedure Volumes
- Global Menkes Syndrome Market Product Price Analysis
- Global Menkes Syndrome Market Healthcare Outcomes
- Global Menkes Syndrome Market Cost of Care Analysis
- Global Menkes Syndrome Market Regulatory Framework and Changes
- Global Menkes Syndrome Market Prices and Reimbursement Analysis
- Global Menkes Syndrome Market Shares in Different Regions
- Recent Developments for Global Menkes Syndrome Market Competitors
- Global Menkes Syndrome Market Upcoming Applications
- Global Menkes Syndrome Market Innovators Study
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Key Developments in the Market:
- In July 2018, Fortress Biotech received an Fast Track Designation from the FDA to CUTX-101 (Copper Histidinate), a copper injection therapy for the treatment of choroideremia. With this designation for CUTX-101 accelerates review timelines and enhances the interaction with the FDA which can bring this potentially disease-modifying drug for patients as quickly as possible.
- Increase in special designation from the regulatory authorities is boosting the market growth
- High demand of disease specific novel treatment can also act as a market driver
- The competitive scenario of market and strategic collaborations may boost the market position
- Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
- Low healthcare budget in some developing countries is hamper the market growth
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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