Global Leber Hereditary Optic Neuropathy Treatment Market – Industry Trends and Forecast to 2030

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Global Leber Hereditary Optic Neuropathy Treatment Market – Industry Trends and Forecast to 2030

  • Pharmaceutical
  • Upcoming Report
  • Jul 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Leber Hereditary Optic Neuropathy Treatment Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2023 –2030
Diagram Market Size (Base Year)
USD 350.19 Million
Diagram Market Size (Forecast Year)
USD 627.75 Million
Diagram CAGR
%
Diagram Major Markets Players
  • Alkeus Pharmaceuticals
  • Biovista
  • Gensight Biologics
  • Ixchel Pharma
  • Khondrion BV

Global Leber Hereditary Optic Neuropathy Treatment Market, By Drug Type (Ubiquinone, Idebenone, Elamipretide,  EPI-743, GS-011, IXC-201, KH-176, Others), Treatment (Medication, Stem Cell TherapyGene Therapy, Genetic Counseling), Dosage (Tablet, Injection, Others), Route of Administration (Intramuscular, Oral, Others), Diagnosis (Molecular Genetic Testing, MRI, Blood Tests, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) – Industry Trends and Forecast to 2030.

Leber Hereditary Optic Neuropathy Treatment Market

Leber Hereditary Optic Neuropathy Treatment Market Analysis and Size   

Leber hereditary optic neuropathy is an inherited eye disorder that is characterized by the loss of vision, loss of retinal ganglion cells, and optic atrophy. It is caused due to mutations in the MT-ND1, MT-ND4, MT-ND4L, and MT-ND6 genes. It is characterized by bilateral, painless, and sudden vision failure. Symptoms mostly start between the age of 15 and 35. It is also known as Leber's optic atrophy, Leber's optic neuropathy, or LHON.

Data Bridge Market Research analyzes that the global leber hereditary optic neuropathy treatment market, which was USD 350.19 million in 2022, would rocket up to USD 627.75 million by 2030, and is expected to undergo a CAGR of 6.7% during the forecast period. “Medication” dominates the treatment segment of the market owing to prominent results and affordability.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Leber Hereditary Optic Neuropathy Treatment Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Year

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Drug Type (Ubiquinone, Idebenone, Elamipretide,  EPI-743, GS-011, IXC-201, KH-176, Others), Treatment (Medication, Stem Cell Therapy, Gene Therapy, Genetic Counseling), Dosage (Tablet, Injection, Others), Route of Administration (Intramuscular, Oral, Others), Diagnosis (Molecular genetic testing, MRI, Blood tests, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

Alkeus Pharmaceuticals, Inc. (U.S.), Biovista (U.S.), Gensight Biologics (France), Ixchel Pharma (Canada), Khondrion BV (Netherlands), Spark Therapeutics, Inc. (U.S.), Stealth BioTherapeutics Inc. (U.S.), Weifang Taihexing Chemical Industry Co., Ltd. (China), Indian Oxalate Ltd. (India), BASF SE (Germany), Shandong Ocean Chemical Co., Ltd. (China), Shubh Industries (India), Shankar Lal Rampal Dye Chem Limited (India), Xiamen Hisunny Chemical Co., Ltd. (China), and Hongkong Sheng Shi Jiaozi (China) among others

Market Opportunities

  • Development of Targeted Therapies
  • Expansion of Gene Therapy

Market Definition

Leber hereditary optic neuropathy is a common inherited condition characterized by vision loss.  A painless loss of central vision is a mitochondrial disorder. It primarily affects males during young-adult age. Due to an optic nerve dysfunction as a result of mutations in the mitochondrial DNA, LHON is transmitted in a non-Mendelian pattern degenerating retinal ganglion cells and optic nerves significantly.

Leber Hereditary Optic Neuropathy Treatment Market Dynamics

Drivers

  • Increasing Prevalence and Awareness

The growing recognition and awareness of LHON as a genetic disorder have led to increased diagnosis rates. As more individuals are diagnosed with LHON, the demand for effective therapeutic interventions and treatments rises, driving market growth.

  • Advancements in Genetic Research

The continuous advancements in genetic research and understanding of LHON have provided insights into the underlying genetic mutations responsible for the condition. This knowledge has paved the way for the development of targeted therapies and gene-based treatments, driving innovation in the market.

Opportunities

  • Development of Targeted Therapies

With an increasing understanding of the genetic mutations associated with LHON, there is an opportunity to develop targeted therapies specifically designed to address these mutations. Targeted treatments can potentially provide more effective and personalized options for LHON patients, leading to improved outcomes and vision preservation.

  • Expansion of Gene Therapy

Gene therapy holds significant promise for treating LHON by replacing or repairing the faulty genes responsible for the condition. As the LHON therapy market grows, there is an opportunity to expand gene therapy R&D efforts, leading to the availability of more gene-based treatment options for LHON patients.

Restraint/Challenge

  • Lack of Accessibility and Affordability for the Treatment

Limited treatment options, genetic heterogeneity, and lack of accessibility and affordability among others are some of the factors expected to restrain market growth and pose barriers for market players in the forecast period of 2023-2030.

The global leber hereditary optic neuropathy treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on this market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Leber Hereditary Optic Neuropathy Treatment Market Scope

The global leber hereditary optic neuropathy treatment market is segmented into seven notable segments based on drug type, treatment, dosage, route of administration, diagnosis, end-users, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Drug Type

  • Ubiquinone
  • Idebenone
  • Elamipretide
  • EPI-743
  • GS-011
  • IXC-201
  • KH-176
  • Others

Treatment

  • Medication
  • Stem Cell Therapy
  • Gene Therapy
  • Genetic Counseling

Dosage

  • Tablet
  • Injection
  • Others

Route of Administration

  • Intramuscular
  • Oral
  • Others

Diagnosis

  • Molecular genetic testing
  • MRI
  • Blood tests
  • Others

End-Users

  • Clinic
  • Hospital
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Global Leber Hereditary Optic Neuropathy Treatment Market Regional Analysis/Insights

The global leber hereditary optic neuropathy treatment market is analyzed and market size insights and trends are provided by country, drug type, treatment, dosage, route of administration, diagnosis, end-users, and distribution channel as referenced above.

The countries covered in this market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

North America dominates the global leber hereditary optic neuropathy treatment market due to the presence of major key players, continuous technological development, well-developed healthcare sector, increasing prevalence of disease, and increasing awareness towards health in this region.

Asia-Pacific is expected to grow during the forecast period due to the increasing R&D activities, rising investment in the healthcare sector, and growing government support.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The global leber hereditary optic neuropathy treatment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Leber hereditary optic neuropathy treatment Market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Leber hereditary optic neuropathy treatment Market. The data is available for the historic period 2015-2020.

Competitive Landscape and Global Leber Hereditary Optic Neuropathy Treatment Market Share Analysis

The global leber hereditary optic neuropathy treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major market players operating in the global leber hereditary optic neuropathy treatment market are:

  • Alkeus Pharmaceuticals, Inc. (U.S.)
  • Biovista (U.S.)
  • Gensight Biologics (France)
  • Ixchel Pharma (Canada)
  • Khondrion BV (Netherlands)
  • Spark Therapeutics, Inc. (U.S.)
  • Stealth BioTherapeutics Inc. (U.S.)
  • Weifang Taihexing Chemical Industry Co., Ltd. (China)
  • Indian Oxalate Ltd. (India)
  • BASF SE (Germany)
  • Shandong Ocean Chemical Co., Ltd. (China)
  • Shubh Industries (India)
  • Shankar Lal Rampal Dye Chem Limited (India)
  • Xiamen Hisunny Chemical Co., Ltd. (China)
  • Hongkong Sheng Shi Jiaozi (China)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The market is segmented based on , By Drug Type (Ubiquinone, Idebenone, Elamipretide,  EPI-743, GS-011, IXC-201, KH-176, Others), Treatment (Medication, Stem Cell Therapy, Gene Therapy, Genetic Counseling), Dosage (Tablet, Injection, Others), Route of Administration (Intramuscular, Oral, Others), Diagnosis (Molecular Genetic Testing, MRI, Blood Tests, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) – Industry Trends and Forecast to 2030. .
The Global Leber Hereditary Optic Neuropathy Treatment Market size was valued at USD 350.19 USD Million in 2022.
The Global Leber Hereditary Optic Neuropathy Treatment Market is projected to grow at a CAGR of 6.7% during the forecast period of 2023 to 2030.
The major players operating in the market include Alkeus Pharmaceuticals , Biovista, Gensight Biologics, Ixchel Pharma, Khondrion BV, Spark Therapeutics , Stealth BioTherapeutics , Weifang Taihexing Chemical Industry Co. , Indian Oxalate , BASF SE, Shandong Ocean Chemical Co. , Shubh Industries, Shankar Lal Rampal Dye Chem Limited, Xiamen Hisunny Chemical Co. , and Hongkong Sheng Shi Jiaozi.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.