Hunter Syndrome Treatment Market to Reach USD 1,118.4 Million by 2026;

The global “Hunter Syndrome Treatment” Market is predicted to reach USD 1,118.4 million by 2026, exhibiting a CAGR of 6.0% during the forecast period. The increasing R&D investments by key players for the development of novel therapies to treat rare diseases in patients will be critical factor in boosting the Hunter syndrome treatment market growth during the forecast period. Moreover, the rising clinical studies for diabetes and coronary artery disease (CAD) will have a positive impact on market during the forecast period.

In addition, the surge in rare and genetic diseases will uplift the Hunter syndrome treatment market share. According to the Genetic and Rare Diseases Information Center (GARD), there can be an estimated 7,000 rare diseases and the total number of individuals in the U.S. from these rare diseases can be 25-30 million.

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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.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

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Leading Players operating in the Hunter Syndrome Treatment Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Shire (Takeda Pharmaceutical Company Limited)
  • Denali Therapeutics
  • ArmaGen
  • Inventiva
  • Green Cross Corp. (GC Pharma)
  • CANbridge Life Sciences Ltd.

Agreement between Clinigen K.K. and GC Pharma to Enable Growth

Clinigen K.K, a Japanese licensed medical supplier, and GC Pharma, a biopharmaceutical company announced a licensing agreement for the manufacturing and commercialization of Hunterase (Idursulfase-beta) ICV, a human recombinant iduronate-2-sulfatase (IDS) used in enzyme replacement therapy for the treatment of Hunter syndrome. The agreement between the two companies can be a critical factor in fostering the growth of the market owing to the methods to aid severe patients and therefore improve their condition. Furthermore, Hunterase ICV will be directly delivered to cerebral ventricles by intracerebroventricular (ICV) administration, in order to reach the cells of the brain and central nervous system. Furthermore, Yoshikazu Nakamura, Representative Director at Clinigen K.K, said “Hunter Syndrome is a complex disease with unmet medical need.