Global thymidine kinase-2 deficiency treatment market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Rising prevalence of thymidine kinase-2 deficiency disorder is driving the market growth.
Thymidine kinase-2 deficiency treatment market research report displays key data and information about several factors which helps achieve success in the competitive marketplace. Summary of the market is analysed with respect to market players who are mainly customers, businesses or clients. SWOT analysis is the standard, prominent and full-proof method to perform the market research study which is used to formulate this particular thymidine kinase-2 deficiency treatment market report. To be ahead of the competition, a systematic idea about the competitive landscape, their product range, their strategies, and future prospects are very important. This Market Report provides data on patterns and improvements, target business sectors and materials, limits and advancements.
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Key Market Players:
Few of the major competitors currently working in global thymidine kinase-2 deficiency treatment market are Zogenix, Modis Therapeutics, CENTOGENE AG, GeneDx, NeuroVive Pharmaceuticals AB, Gino Cortopassi, Khondrion BV, Mitobridge, Inc., Reata Pharmaceuticals, Inc., Stealth BioTherapeutics Inc., Jupiter Orphan Therapeutics, Inc., Akron Children’s Hospital, Astellas Pharma Inc., B-MoGen Biotechnologies, Inc., Copenhagen Neuromuscular Center, Horizon Therapeutics plc, Intercept Pharmaceuticals, Inc., Ionis Pharmaceuticals, Johnson & Johnson Services, Inc., Biovista, Aadi Bioscience, Inc. among others.
Global thymidine kinase-2 deficiency treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thymidine kinase-2 deficiency treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
- In September 2019, Zogenix acquired Modis Therapeutics. The purpose of this acquisition is to develop and commercialize MT1621 to its late-stage pipeline. MT1621 is a novel investigational deoxynucleoside substrate enhancement therapy to treat Thymidine Kinase 2 deficiency (TK2d)
- In February 2019, Modis Therapeutics received Breakthrough Therapy designation from U.S. FDA for MT1621, an investigational deoxynucleoside combination therapy used for the treatment of patients with thymidine kinase-2 deficiency (TK2d)
- Increasing prevalence of mitochondrial disorders such as thymidine kinase-2 deficiency and there potential effects on next generation by genetic transmission drives the market growth
- Approval of novel drug molecules from the regulatory agencies is propelling the market in the forecast period
- Presence of several drugs in pipeline for the treatment of the disease is expected to boost the market growth
- High investment in research and development of therapies and treatments by government and non-government organizations is escalating the market in the near future
- High cost of research and development hampers the market growth
- Stringent regulatory requirements for the approval of novel therapies will challenge the growth of market
- Lack of awareness and knowledge about the disease and its treatments is a major restrain for the market growth
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Segmentation: Global Thymidine Kinase-2 Deficiency Treatment Market
By Related Disorders
- Autosomal Dominant Optic Atrophy (ADOA)
- Leigh’s Disease
- Pyruvate Dehydrogenase Complex Deficiency (PDCD/PDH)
- Infantile-Onset Myopathy
- Childhood-Onset Myopathy
- Late-Onset Myopathy
- Genetic Tests
- Muscle Biopsy
- Supportive Therapy
- Targeted Therapy
By End Users
- Specialty Clinics
By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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