The global metabolic disorder therapeutics market size was exhibited at USD 66.19 billion in 2022 and is projected to hit around USD 133.9 billion by 2032, growing at a CAGR of 7.3% during the forecast period 2023 to 2032.
Key Pointers:
Metabolic Disorder Therapeutics Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 71.02 Billion |
Market Size by 2032 | USD 133.9 Billion |
Growth Rate From 2023 to 2032 | CAGR of 7.3% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Disease, Therapy, Route of administration |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
Key Companies Profiled | Novo Nordisk A/S; Sanofi S.A.; Boehringer Ingelheim GmbH; Eli Lilly and Company; Merck KgaA; Amgen, Inc.; AstraZeneca PLC; Actelion Pharmaceuticals Ltd.; Shire PLC; AbbVie, Inc.; Biocon Ltd.; BioMarin Pharmaceutical, Inc.; Bristol-Myers Squibb Company; Cipla, Inc.; CymaBay Therapeutics, Inc. |
Metabolism is the process through which the body generates energy from food. Food comprises biomolecules, including carbohydrates, proteins, and fats. Chemicals in the digestive system are used to break the food into sugars and acids. Metabolic disorders disrupt the normal function of metabolic processes and lead to excess or lack of essential components that are needed to stay healthy. These disorders are either inherited or acquired during the lifetime of an individual.
Factors such as increase in the cases of metabolic disorders, rise in awareness about the availability of therapeutics for metabolic disorders, increase in demand for one-time therapies for metabolic disorders, commencement of patient assistance programs for providing treatment for a range of metabolic disorders, rapid advancements in technology, rise in the prevalence of diabetes and obesity, and initiatives were undertaken by the government are expected to drive the metabolic disorder therapeutics market in the coming years. However, low compliance and adherence rates for metabolic disorder therapies and the availability of alternative options for treatment are expected to hinder the metabolic disorder therapeutics market during the forecast period.
According to the Centers for Disease Control and Prevention (CDC), having increased blood cholesterol puts people at risk of heart disease, and it is considered to be the leading cause of death in the U.S. The risk of heart disease for people with high cholesterol is about twice as high compared to that for people with low cholesterol. Approximately 71 million adults in the U.S. are estimated to have high low-density lipoproteins (LDL) or bad cholesterol. About 7% of children and adolescents between the ages of 6 and 19 have high total cholesterol. High cholesterol has no symptoms. Therefore, many people do not know about their high cholesterol level. A simple blood test can be used to check the cholesterol level of a person.
The metabolic disorder therapeutics market can be segmented based on disease, product, and region. In terms of disease, the metabolic disorder therapeutics market can be divided into lysosomal storage disease, diabetes, obesity, and hypercholesterolemia. The diabetes segment is anticipated to dominate the market because of the extensive use of metabolic disease therapies in anti-diabetic injections and drugs and injections for controlling the blood sugar levels. Based on product, the metabolic disorder therapeutics market can be classified into metachromatic leukodystrophy, hepatic encephalopathy, globoid leukodystrophy, and others.
In terms of region, the metabolic disorder therapeutics market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the metabolic disorder therapeutics market, due to the presence of key players, rise in prevalence of diabetes and obesity, well-developed health care infrastructure, and increase in health care expenditure. The metabolic disorder therapeutics market in the Asia Pacific is expected to expand at a rapid pace. Increase in patient population, rise in economic development, increase in government initiatives, and rise in awareness are factors propelling the metabolic disorder therapeutics market in the Asia Pacific.
Some of the prominent players in the Metabolic Disorder Therapeutics Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Metabolic Disorder Therapeutics market.
By Disease
By Therapy Type
By Route of Administration
By Region