Hyperoxaluria Drug Market to reach USD 43.00 million by 2031, registering a CAGR of 6.6%

Hyperoxaluria refers to an ultra-rare metabolic disorder that is generally characterized by excessive oxalate production resulting in the deposition of calcium oxalate crystals in the kidneys and urinary tract. The disorder may lead to the formation of painful and recurrent kidney stones and nephrocalcinosis.

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The increase in the number of people suffering from hyperoxaluria across the globe acts as one of the major factors driving the growth of hyperoxaluria drug market. The increase in special designation from the regulatory authority, and rise in demand for drugs such as calcium oxalate urinary inhibitors, thiazide diuretics and others, for treating various complications of the disease accelerate the market growth. The development of technology offering therapies for specific treatment of the disorder, and growing number of acquisition strategies and company collaborations for research projects further influence the market. In addition, increase in demand of disease specific novel treatment, rise in support by public and private organizations and growth in awareness positively affect the hyperoxaluria drug market.

Data Bridge Market Research analyzes that the global hyperoxaluria drug market was valued at USD 18.23 million in 2023 and is expected to reach USD 43.00 million by 2031, registering a CAGR of 6.6% during the forecast period. 'Biotechnology companies" accounts for the largest end user segment in the respective market due to the high demand for minimally aesthetic procedures among people. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Opportunities

Focus on Rare Diseases

The pharmaceutical industry has been showing an increasing interest in rare diseases, and hyperoxaluria, being a relatively rare condition, could attract attention from pharmaceutical companies. Increased attention to rare diseases often leads to greater awareness among healthcare professionals and the general public. This can result in more individuals with hyperoxaluria being properly diagnosed, leading to an expanded patient population for hyperoxaluria drugs.

Drivers

Increased Awareness and Diagnosis

Growing awareness about hyperoxaluria and improved diagnostic capabilities may lead to an increase in the number of diagnosed cases, driving the demand for effective drugs. As awareness grows, more individuals with symptoms of hyperoxaluria may seek medical attention and receive a proper diagnosis. This can lead to an expanded patient pool for hyperoxaluria drugs and treatments, thereby driving market growth.

Some of the major players operating in the hyperoxaluria drug market are:

Allena Pharmaceuticals, Inc.,(U.S.)

Intellia Therapeutics, Inc., (U.S.)

OxThera, (Sweden)

Dicerna Pharmaceuticals, Inc., (U.S.)

Alnylam Pharmaceuticals, Inc., (U.S.)

Pfizer Inc.,  (U.S.)

Sanofi, (France)

Global Hyperoxaluria Drug Market Scope

The hyperoxaluria drug market is segmented on the basis of type, gene type, treatment type, drugs, mode of administration, distribution channel and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Type

Primary Hyperoxaluria

Secondary Hyperoxaluria

Gene Type

AGXT

GRHPR

Others

Treatment Type

Medication

Surgery

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