Metabolic Disorder Therapeutics Market – By Disease (Diabetes, Lysosomal Storage Diseases [Gaucher’s Disease, Metachromatic Leukodystrophy]), Therapy (Drug, Enzyme Replacement, & Gene Therapy), Route of Administration, End-user, Global Forecast (2024 – 2032)
Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Metabolic Disorder Therapeutics Market – By Disease (Diabetes, Lysosomal Storage Diseases [Gaucher’s Disease, Metachromatic Leukodystrophy]), Therapy (Drug, Enzyme Replacement, & Gene Therapy), Route of Administration, End-user, Global Forecast (2024 – 2032)
Metabolic Disorder Therapeutics Market Size
Metabolic Disorder Therapeutics Market size accounted for USD 74.4 billion in 2023 and is expected to grow at a CAGR of 7.5% between 2024 and 2032, due to the increasing prevalence of conditions such as diabetes, obesity, hypercholesterolemia, and genetic metabolic diseases.
To get key market trends
Download Free Sample
Factors like sedentary lifestyles, unhealthy dietary habits, and genetic predispositions contribute to this rising incidence, creating a higher demand for therapeutic interventions. Additionally, advancements in biotechnology and pharmaceutical research have led to the development of innovative therapeutic approaches, including novel drug formulations, targeted therapies, gene therapies, and precision medicine strategies.
Moreover, rising healthcare expenditure, particularly in developed countries, is fueling investment in the research, development, and commercialization of new therapies, leading to a broader range of treatment options and improved patient outcomes. Owing to these factors, metabolic disorder therapeutics market is poised to experience significant growth.
Metabolic disorder therapeutics refers to the various treatments and interventions used to manage, treat, and potentially cure metabolic disorders. Metabolic disorders are conditions that disrupt normal metabolism. These disorders can be genetic or acquired and often involve abnormalities in enzyme function or hormonal regulation. Therapeutics for metabolic disorders aim to restore normal metabolic function, alleviate symptoms, and prevent complications.
Report Attribute | Details |
---|---|
Base Year | 2023 |
Metabolic Disorder Therapeutics Market Size in 2023 | USD 74.4 Billion |
Forecast Period | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR | 7.5% |
2024 – 2032 Value Projection | USD 142.3 Billion |
Historical Data for | 2021 – 2023 |
No. of Pages | 195 |
Tables, Charts & Figures | 341 |
Segments covered | Disease, Therapy Type, Route of Administration, End-user, and Region |
Growth Drivers |
|
Pitfalls & Challenges |
|
What are the growth opportunities in this market?
Download Free Sample
Metabolic Disorder Therapeutics Market Trends
- Rising prevalence of metabolic disorders is a primary driver of the market.
- For instance, the global rise in obesity rates directly correlates with higher incidences of type 2 diabetes and cardiovascular diseases. Additionally, genetic predispositions play a significant role in the development of certain metabolic disorders, highlighting the need for effective therapeutic interventions.
- As the number of individuals affected by these conditions grows, the demand for treatments and management strategies increases, thereby expanding the market for metabolic disorder therapeutics.
- Further, increased awareness and early detection of metabolic disorders, driven by government initiatives and public health programs, are significantly boosting the demand for therapeutics. Early diagnosis and timely interventions improve patient outcomes and reduce long-term healthcare costs, thereby contributing to market growth.
Metabolic Disorder Therapeutics Market Analysis
Learn more about the key segments shaping this market
Download Free Sample
Based on disease, the market is segmented into diabetes, hypercholesterolemia, lysosomal storage diseases, obesity, and inherited metabolic disorder. The diabetes segment dominated the global market with 62.4% of market share in 2023.
- The diabetes segment dominates the market owing to its widespread prevalence globally. For instance, the global diabetes prevalence in 2019 is estimated to be 9.3% (463 million people). This number is projected to increase by 25% in 2030 and 51% in 2045, reaching 700 million people by 2045.
- This prevalence generates a significant demand for treatments, thus bolstering the growth of this segment.
- Moreover, continuous advancements in treatment options, such as the development of new drug classes and innovative insulin delivery systems, further improve the effectiveness and convenience of diabetes management.
- Additionally, substantial healthcare expenditure on diabetes care, robust research and development activities, and strong support from public health initiatives and advocacy campaigns also contribute to the segment's dominance.
Based on therapy type, the metabolic disorder therapeutics market is classified into drug therapy, enzyme replacement therapy, substrate reduction therapy, gene therapy, small molecule-based therapy, and cellular transplantation. The drug therapy segment accounted for USD 21.5 billion in 2023.
- Many drug therapies for metabolic disorders have been extensively studied and proven to be effective in managing symptoms and improving patient outcomes. For instance, medications like insulin for diabetes and statins for hypercholesterolemia are well-established treatments with a long history of use.
- Furthermore, drug therapy often provides convenient and easy-to-administer treatment options, enhancing patient compliance and adherence to treatment regimens.
- Moreover, drug therapy is preferred by many patients due to their simplicity and non-invasive nature. Thus, these factors contribute to the high growth of this segment.
Based on route of administration, the metabolic disorder therapeutics market is divided into oral, parenteral, and other routes of administration. Among the routes of administration, oral segment held a majority of market share and is anticipated to grow at 7.4% of CAGR.
- The established efficacy and safety profiles of many oral medications, supported by extensive clinical research, instill confidence in both patients and healthcare providers, driving widespread adoption and market dominance.
- Moreover, the accessibility and affordability of oral medications play a significant role in their market dominance, particularly in regions with limited healthcare resources.
- Being more accessible and cost-effective than other forms of treatment, oral medications often serve as the first-line therapy recommended by healthcare providers, thereby bolstering their market share.
Learn more about the key segments shaping this market
Download Free Sample
Based on end-user, the metabolic disorder therapeutics market is categorized into hospitals, specialty clinics, and other end-users. The hospitals segment held highest market share in 2023 and is anticipated to reach USD 74.2 billion by 2032.
- The hospital segment commands the highest market share in the market due to its specialized care, advanced diagnostic and treatment facilities, and multidisciplinary approach.
- Hospitals provide comprehensive services for managing complex metabolic disorders, including emergency care, acute treatments, and referral services for challenging cases.
- This segment's dominance is driven by its ability to offer holistic care and expertise in addressing the diverse needs of patients with metabolic disorders, making hospitals the preferred setting for diagnosis, treatment, and ongoing management.
Looking for region specific data?
Download Free Sample
North America metabolic disorder therapeutics market is expected to reach USD 57.7 billion by 2032 growing at a CAGR of 7.2%.
- The region experiences a notably high prevalence of metabolic disorders like diabetes and obesity, fueled by lifestyle factors such as sedentary behavior and unhealthy diets. This prevalence creates a substantial patient population in need of therapeutic interventions, contributing to the region's leading market share.
- Additionally, the region boasts advanced healthcare infrastructure with state-of-the-art hospitals, clinics, and research institutions equipped with advanced diagnostic tools and treatment facilities. This infrastructure ensures prompt diagnosis and effective management of metabolic disorders, further solidifying the region's dominance in the market.
The U.S. metabolic disorder therapeutics market is projected to experience growth at 7.1% CAGR and reach USD 52.8 billion by 2032 from USD 28.5 billion in 2023.
- As per the Center for Disease Control and Prevention, in 2021, 29.7 million people were of diagnosed with diabetes in the U.S. This the high prevalence of diabetes in the U.S. leads to increased demand for therapeutics, thereby expanding the market opportunity.
- Furthermore, the country's robust biotechnology and pharmaceutical sectors foster innovation in drug discovery, leading to the development of novel treatments and therapeutic approaches for metabolic disorders. Such aforementioned factors significantly influence the growth of this market.
Germany metabolic disorder therapeutics market held a significant position in global market.
- Germany holds a significant market share in the market due to its advanced healthcare infrastructure, strong pharmaceutical industry, focus on preventive healthcare, well-established healthcare system, research and academic excellence, and favorable regulatory environment.
- These factors collectively contribute to Germany's leadership in driving advancements and innovation in metabolic disorder therapeutics, ensuring access to high-quality treatments and facilitating its position in market.
India metabolic disorder therapeutics market is predicted to showcase lucrative growth during the forecast period.
- As per The Lancet, the number of overweight children in India between the ages of 5 and 19 has surged to 12.5 million, with 7.3 million boys and 5.2 million girls, a stark increase from 0.4 million in 1990. This rise in childhood obesity underscores the urgent need for interventions to address metabolic disorders in India.
- The growing prevalence of obesity among children not only increases the risk of developing metabolic disorders like diabetes, hypertension, and dyslipidemia but also amplifies the demand for therapeutic solutions to manage these conditions effectively.
- As a result, the burgeoning population of overweight children in India drives the growth of the market in the country.
Metabolic Disorder Therapeutics Market Share
The metabolic disorder therapeutics industry is highly competitive characterized by numerous pharmaceutical companies, biotechnology firms, and healthcare organizations. Established players such as Novo Nordisk, Sanofi, and Eli Lilly dominate the market with their extensive portfolios of diabetes medications, including insulin analogs, oral antidiabetics, and innovative delivery devices. Collaborations between industry leaders and academic institutions drive research and development efforts, fostering innovation and shaping the competitive landscape.
Metabolic Disorder Therapeutics Market Companies
Prominent players operating in the metabolic disorder therapeutics industry include
- AbbVie, Inc.
- Actelion Pharmaceuticals Ltd.
- Amgen Inc.
- AstraZeneca plc
- Biocon Ltd.
- BioMarin Pharmaceutical, Inc.
- Boehringer Ingelheim GmbH
- Bristol-Myers Squibb Company
- Cipla, Inc.
- CymaBay Therapeutics, Inc.
- Eli Lilly and Company
- Merck KGaA
- Novo Nordisk A/S
- Sanofi SA
- Shire PLC
Metabolic Disorder Therapeutics Industry News
- In May 2024, Eli Lilly and Company announced investment of USD 5.3 billion more into site for making metabolic meds- Zepbound & Mounjaro. This strategic initiative helped the company to meet the growing demand metabolic disorder drugs and generate revenue.
- In July 2023, Eli Lilly announced acquisition of Versanis to improve patient outcomes in cardiometabolic diseases. This strategic acquisition helped the company to broaden its offerings and customer base.
The metabolic disorder therapeutics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments
Click here to Buy Section of this Report
Market, By Disease
- Diabetes
- Hypercholesterolemia
- Lysosomal storage diseases
- Gaucher’s disease
- Metachromatic leukodystrophy
- Hurler - Scheie
- Sanfilipo A
- Other lysosomal storage diseases
- Obesity
- Inherited metabolic disorders
Market, By Therapy Type
- Drug therapy
- Enzyme replacement therapy
- Substrate reduction therapy
- Gene therapy
- Small molecule-based therapy
- Cellular transplantation
Market, By Route of Administration
- Oral
- Parenteral
- Other routes of administration
Market, By End-user
- Hospitals
- Specialty clinics
- Other end-users
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )