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Global Wilson’s Disease Treatment Market to Surpass US$ 854.5 Million by 2030, Says Coherent Market Insights (CMI)

Seattle, June 27, 2022 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global Wilson’s disease treatment market is estimated to be valued at US$ 527.0 million in 2022 and is expected to exhibit a CAGR of 6.2% during the forecast period (2022-2030).

Key Trends and Analysis of the Global Wilson’s Disease Market:

Major players in market are adopting inorganic growth strategies such as partnership Gene Therapy Company to start a joint project regarding development of Vivet’s VTX-801 programme. Vivet’s VTX-801 programme aims to treat the rare liver disorder such as Wilson’s disease. Pfizer made an investment of its share of around US$ 51 mn for the equity stake and may additionally pay up to $635.8m, inclusive of option exercise fee and subject to potential regulatory, commercial and clinical milestones. As part of the partnership, Pfizer has obtained a 15% stake in Vivet Therapeutics, along with an exclusive option to buy all outstanding shares.

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Key Market Takeaways:

Global Wilson’s disease treatment market is expected to exhibit a CAGR of 6.2% during the forecast period, due to increasing approval of Wilson’s disease treatment drugs by regulatory authority. For instance, in May 2022 Food and Drug Administration (FDA) approved Cuvrior (trientine tetrahydrochloride) to treat Wilson’s disease in adults. Cuvrior (trientine tetrahydrochloride) is the first medication approved for Wilson’s diseaseication segment is expected to expand at a significant CAGR of 6.0% over the forecast period. This is mainly attributed to increasing adoption of D-penicillamine, owing to its wide availability and high efficacy of treatment.

Among regions, North America is estimated to account for largest share in the global Wilson’s disease treatment market over the forecast period. This is mainly attributed to increasing launches of generic drug for the treatment of Wilson’s disease. For instance, in 2021, Lupin Limited, has launched the Penicillamine tablets for the treatment of Wilson’s disease in the U.S.

Competitive Landscape:

Key players operating in the global Wilson’s disease treatment market include Valeant Pharmaceuticals International, Inc., Noblepharma Co., Ltd., Wilson Therapeutics AB, Kadmon Holdings, Inc., Merck & Co., Inc., VHB Life Science Ltd., Teva Pharmaceuticals USA, Inc., and Tsumura & Co.

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Market Segmentation:

  • Global Wilson’s Disease Treatment Market, By Treatment Type:
    • Medications
      • D-Penicillamine
      • Trientine
      • Zinc
      • Tetrathiomolybdate
    • Others
  • Global Wilson’s Disease Treatment Market, By Distribution Channel:
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
    • Government Bodies
  • Global Wilson’s Disease Treatment Market, By Region:
    • North America
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Region/Country
        • South Africa
        • Central Africa
        • North Africa

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights

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