Alpha-1 Antitrypsin Deficiency Treatment Market Overview
Alpha-1 Antitrypsin Deficiency Treatment Market Size was valued at USD 3.12 Billion in 2023. The Global Alpha-1 Antitrypsin Deficiency Treatment industry is projected to grow from USD 3.52 Billion in 2024 to USD 9.28 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.23% during the forecast period (2024 - 2032).
Growing product pipeline for alpha-1 antitrypsin drugs and rising prevalence of alpha-1 antitrypsin deficiency are set to drive the market growth for alpha-1 antitrypsin deficiency treatment. Approximately 100,000 people in the US are known to suffer from alpha-1 antitrypsin deficiency. Rising awareness regarding the alpha-1 antitrypsin deficiency is expected to drive the market growth of the alpha-1 antitrypsin deficiency treatment.
Strategic mergers & acquisitions are also projected to boost alpha-1 antitrypsin deficiency treatment market growth with companies looking to strengthen their market positions, expand their product portfolios, and improve their brand images. For instance, on 3rd September 2019, Kamada Pharmaceuticals signed an agreement with Takeda Pharmaceutical Ltd for supply and distribution of Glassia, which is an alpha-1 proteinase inhibitor used for the treatment of alpha-1 antitrypsin deficiency.
High unmet medical needs in developing economies are directly providing lucrative opportunities for the alpha-1 antitrypsin deficiency treatment market growth.
Market Influencers
The rising number of product approvals. For instance, in September 2017, Grifols S.A. received a biologics license approval for Alpha-1 Proteinase Inhibitor to add a new liquid formulation to the currently licensed Prolastin C.
Market Drivers
- Increasing prevalence of alpha-1 antitrypsin deficiency. Alpha-1 antitrypsin deficiency or AATD is a genetic disease that may cause severe lung or liver disfunction. The prevalence of alpha-1 antitrypsin deficiency is increasing, which is resulting in market growth. 1 in 1500 to 3500 Europeans are affected by AATD. Since the prevalence of AATD is increasing, the demand for treatment of AATD is also increasing, which is resulting in the positive market growth of the alpha-1 antitrypsin deficiency treatment.
- Growing product pipeline for alpha-1 antitrypsin deficiency treatment drugs
- Rising awareness regarding alpha-1 antitrypsin deficiency
- High unmet medical needs in developing economies
- Increasing R&D expenditure by key players to develop innovative treatment options for AATD
Market Restraints
- Stringent government regulatory policies
- High cost of drugs
Alpha-1 Antitrypsin Deficiency Treatment Market Segmentation Insights
Alpha-1 Antitrypsin Deficiency Treatment Drugs Insights
- Alpha-1 Proteinase Inhibitor: This drug type is expected to hold the largest market share. In April 2019, CSL Behring received FDA approval for Zemaira, which is alpha-1 proteinase inhibitor. So, the rising number of product approvals is expected to drive the alpha-1 antitrypsin deficiency treatment market growth.
- Bronchodilators: Used for prevention from upper respiratory tract infections.
- Steroids: Consists of corticosteroids used for the treatment of COPD associated with AATD.
- Others: Consists of oxygen therapy, antibiotics, and other drugs used for the treatment of complications associated with AATD, such as jaundiced skin, breathing problems, etc.
Alpha-1 Antitrypsin Deficiency Treatment Route of Administration Insights
- Oral: This route of administration is expected to hold the largest alpha-1 antitrypsin deficiency treatment market share due to its high usage.
- Intravenous: This drug type is expected to grow at the fastest rate owing to the ease of administration.
- Inhalation: This route of administration is mainly used for administration of corticosteroids and drugs for the treatment of breathing disorders associated with AATD.
- Others: Consists of subcutaneous and intramuscular routes of administration.
Alpha-1 Antitrypsin Deficiency Treatment Distribution Channel Insights
- Hospital Pharmacy: The segment holds the largest market size as the treatment is mostly carried out in hospitals.
- Retail Pharmacy: They provide prescriptions that are intended to be used at home.
- Online Stores: Fastest growing segment owing to the increasing number of online pharmacy stores.
Alpha-1 Antitrypsin Deficiency Treatment Regional Insights
- Americas: The largest regional market. The high patient population suffering from alpha-1 antitrypsin deficiency is expected to drive the market growth of alpha-1 antitrypsin deficiency treatment. Approximately 1 in 2,500 Americans suffer from the disease. This serves to drive the market growth of the alpha-1 antitrypsin deficiency treatment in the region.
- Europe: Europe has some of the best healthcare services in the world. Increasing prevalence and the developed healthcare industry are driving the alpha-1 antitrypsin deficiency treatment market growth.
- Asia-Pacific: The fastest-growing regional market for alpha-1 antitrypsin deficiency treatment, Asia-Pacific has the world’s largest population and fast-developing healthcare industry which is anticipated to drive the market growth.
- Middle East & Africa: The market growth of alpha-1 antitrypsin deficiency treatment is attributed to the developing healthcare industry in regions such as Saudi Arabia, Oman, and Qatar.
Key Players
- Kamada Pharmaceuticals (Israel)
- CSL Behring LLC (US)
- Grifols, S.A. (Spain)
- Takeda Pharmaceutical Company Limited (Japan)
- GlaxoSmithKline plc (UK)
- Boehringer Ingelheim GmbH (Germany)
- AstraZeneca (UK)
- Vectura Group plc (UK)
- Pfizer Inc. (US)
- Mylan Inc. (US)
Report Attribute/Metric |
Details |
Market Size |
USD 9.28 Billion |
CAGR |
13.23% |
Base Year |
2023 |
Forecast Period |
2024-2032 |
Historical Data |
2022 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Drugs, Route of Administration, Distribution Channel |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
Kamada Pharmaceuticals (Israel), CSL Behring LLC (US), Grifols, S.A. (Spain), Takeda Pharmaceutical Company Limited (Japan), GlaxoSmithKline plc (UK), Boehringer Ingelheim GmbH (Germany), AstraZeneca (UK), Vectura Group plc (UK), Pfizer Inc. (US), Mylan Inc. (US) |
Key Market Opportunities |
Increasing R&D expenditure by key players to develop innovative treatment options for AATD |
Key Market Drivers |
Increasing prevalence of alpha-1 antitrypsin deficiency Growing product pipeline for alpha-1 antitrypsin deficiency treatment drugs Rising awareness regarding alpha-1 antitrypsin deficiency High unmet medical needs in developing economies |
Alpha 1 Antitrypsin Deficiency Treatment Market Highlights:
Frequently Asked Questions (FAQ) :
The Alpha-1 Antitrypsin Deficiency Treatment Market was valued at USD 9.28 billion by 2032.
Alpha-1 Antitrypsin Deficiency Treatment Market is expected to exhibit a strong 13.23% CAGR over the forecast period.
Growing awareness about the condition of alpha-1 antitrypsin deficiency is likely to be the major driver for the market.
The Americas dominate the Alpha-1 Antitrypsin Deficiency Treatment Market.
Leading players in the Alpha-1 Antitrypsin Deficiency Treatment Market include Kamada, Pfizer, and Mylan, among others.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report