The Acute Intermittent Porphyria Market will grow at highest pace owing to rising prevalence of rare genetic diseases

0
725

Acute Intermittent Porphyria (AIP) is a rare genetic disease characterized by attacks of severe abdominal pain, vomiting, and neurological abnormalities. The condition results from a deficiency in the enzyme porphobilinogen deaminase (PBGD). Symptoms include severe abdominal pain, nausea or vomiting, constipation, and other neurological symptoms such as delirium, seizures and paralysis. The primary treatment is intravenous hemin administration to suppress overproduction of porphyrins. Growing awareness and funding for rare diseases have facilitated development of diagnostic tests and therapeutics for AIP.


The acute intermittent porphyria market is estimated to be valued at USD 1.43 Billion in 2024 and is expected to reach USD 2.17 Billion by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

Key Takeaways

Key players operating in the Acute Intermittent Porphyria are Dahaner, Recordati Rare Diseases, Abbott.

Growing demand - Increasing prevalence of rare genetic diseases and rising awareness about AIP diagnosis and treatment are fueling Acute Intermittent Porphyria Market  growth.

Technological advancement - Development of novel therapies such as genetic therapy and stem cell transplantation can potentially provide cures for AIP in future.

Market Trends
Increasing R&D investments by pharmaceutical companies for developing novel therapeutics for rare diseases. Companies are investing in development of small molecule drugs, gene therapies and stem cell therapies to provide a cure for AIP.

Growing collaboration between biotech companies, patient advocacy groups and research institutes to accelerate research related to AIP diagnostics and treatment through funding and knowledge-sharing.

Market Opportunities

Untapped emerging markets in Asia Pacific and Latin America due to lack of awareness and high treatment costs offer lucrative growth opportunities.

Development of early detection methods through newborn screening can facilitate early intervention and disease management in AIP patients.

Impact of COVID-19 on Acute Intermittent Porphyria Market Growth

The onset of COVID-19 pandemic has disrupted the normal functioning of various industries including the acute intermittent porphyria market. The imposition of nationwide lockdowns compelled healthcare facilities to postpone elective surgeries and non-emergency medical procedures. This adversely impacted the demand for drugs used for treating acute intermittent porphyria. Restrictions on international trade further disrupted supply chains and led to shortages of key pharmaceutical ingredients.

Geographical Concentration of Acute Intermittent Porphyria Market

North America currently dominates the acute intermittent porphyria market in terms of value. This is attributed to high diagnosis and treatment rates in the US and Canada. Favorable reimbursement structures along with proactive patient support programs are facilitating early detection and management of this rare disease. Additionally, presence of key drug manufacturers in the region cater to the bulk of local demand. Meanwhile, Europe is the second largest market owing to rising government funding for orphan drugs. Countries like Germany, UK and France have a sizeable acute intermittent porphyria patient population.

Fastest Growing Region in Acute Intermittent Porphyria Market

The acute intermittent porphyria market is witnessing remarkable growth in Asia Pacific driven by improving access to healthcare in India and China. Rising medical expenditures, increasing public awareness about rare diseases and expanding private insurance coverage are boosting the diagnosis and treatment uptake. Moreover, growing collaborations between regional drug makers and international companies are ensuring steady supply of high-quality acute intermittent porphyria medicines. Favorable regulations encouraging domestic manufacturing while ensuring stringent quality control would escalate the market penetration in Asia Pacific region over the coming years.

Get More Insights On- Acute Intermittent Porphyria Market

Get This Report in Japanese Language: 急性間欠性ポルフィリン症市場

Get This Report in Korean Language: 급성 간헐성 포르피린증 시장

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

(https://www.linkedin.com/in/ravina-pandya-1a3984191)

Search
Sponsored
Title of the document
Sponsored
ABU STUDENT PACKAGE
Categories
Read More
Other
Global Mobile Virtual Network Operator Market (MVNO) Analysis by Size, Sales Revenue, Opportunities, Future Scope, Regional Trends and Outlook 2030
Mobile Virtual Network Operator Market Growth or Demand Increase or Decrease for what contains ?...
By Falguni Mmr 2024-07-12 12:19:37 0 2K
Other
CBD Ice Cream Market Overview Covering Growth Landscape, Consumer Behavior, and Industry Expansion Trends
The CBD ice cream market is carving out a unique space in the global frozen dessert sector. As...
By Priti Naidu 2025-05-27 04:14:44 0 405
Other
555香煙:高端品味與經典魅力的完美結合
555香煙,作為來自英國的知名品牌,自1895年以來,一直在全球煙草市場中佔據著重要的地位。這款香煙以其高檔、豪華和典雅的品牌形象,贏得了眾多煙民的青睞。本文將深入探討555香煙的歷史背景、口感...
By John Abraham 2025-03-14 05:50:51 0 704
Other
Electric Golf Carts For Sale
Golftope is your trusted partner in “Golf Cart Excellence” in the UAE. Whether...
By Isabella Jones 2025-03-28 15:00:49 0 610
Other
Bean Bag Chairs Market Size, Share, & Analysis Report 2025
IMARC Group, a leading market research company, has recently released a report titled “Bean...
By Alex Smith 2024-11-18 07:54:26 0 1K