Global Cystic Fibrosis (CF) Therapeutics Market study offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.
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The global cystic fibrosis
(CF) therapeutics market is expected to be valued at USD 13.9 billion with CAGR
of 16.7% over the forecast period. Cystic fibrosis (CF) is a severe disease
that causes overall damage to lungs, digestive systems and other organs in the
body. In this state, CF affects the cells that are responsible for sweat, mucus
digestive and fluid juices. These juices are normally thin and slippery but
patients suffering from cystic fibrosis experience thick blockage in lungs and
other organs, as this affects the cells that regulate digestive and fluid
juices causing them to become an obstacle rather than carriers. The cells
instead of acting as a lubricant become sticky and thick, thus blocking up
lungs, pancreas and other organs in the body. Medically this disease is termed
as mucoviscidosis.
The major driving factors
of this market rely significantly on extensive R&D. As the ongoing R&D
activities have boosted the CF therapeutics market and witnesses a lucrative
growth in the upcoming years. The other driving factors like awareness for
cystic fibrosis therapy, technological advancements in R&D attribute to the
success of market growth. However, high costs of treatment and R&D,
entangled pathophysiology, rising rate in genetic mutation are some factors
that may cause to hinder the market growth. On the basis of therapeutics, the
global market is segmented into pulmozyme, TOBI, kalydeco, Cayston, Arikace,
Aeroquin and others.
Cystic Fibrosis Trans
membrane Conductance Regulators (CFTR) modulators treat the root cause of
disease rather than symptoms, resulting in improving the lives of patients.
Kalydeco is the first CFTR modulator to enter the market and had a large impact
on the value of market though it treated a small proportion of CF patients.
Pricing will be premium for CFTR modulators due to the therapeutic benefits.
Symptomatic therapies will continue to be a necessary part in conjunction with
CFTR modules. Comparatively, the antibiotics segment is expected to gain second
importance owing to the competitiveness and novel market entrants.
A multi-resistant superbug
infection that can prove fatal for patients suffering from cystic fibrosis (CF)
has spread globally and is becoming viral, according to the British
researchers. Moreover, it has not only gone viral but is evolved and capable to
jump from patient to patient, according Andres Floto, a Cambridge University
professor. Adding further, he said that as the superbug has become resistant to
various antibiotics; it is also difficult to treat it successfully. As a part
of treatment infected patients may need more than a year of treatment with a
combination of strong antibiotics and the ratio of cure is one in three.
Top Key Players of Cystic
Fibrosis (CF) Therapeutics Market:
Novartis International AG,
Chiesi Farmaceutici SpA, Vertex Pharmaceuticals, Genentech, Inc., and Gilead
Sciences, Inc. Vertex Pharmaceuticals
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