Global Cystic-Fibrosis Therapeutics Market By Drug Class(Cystic Fibrosis Transmembrane Conductance Regulator (CFTR), Pancreatic Enzyme Supplement, Bronchodilators, Other Drug Classes) By Route of Administration(Oral, Parenteral) By Distribution Channel(Hospital Pharmacies, Online Pharmacies, Retail Pharmacies) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033
- Published date: July 2024
- Report ID: 78573
- Number of Pages: 245
- Format:
- keyboard_arrow_up
Quick Navigation
Market Overview
The Global Cystic-Fibrosis Therapeutics Market size is expected to be worth around USD 25.4 Billion by 2033 from USD 9.7 Billion in 2023, growing at a CAGR of 9.0% during the forecast period from 2024 to 2033.
Cystic fibrosis (CF) is an inherited condition primarily affecting respiratory organs as well as pancreas, liver and kidneys. CF occurs as the result of mutations to the cystic fibrosis transmembrane conductance regulator (CFTR) gene on chromosome number 7, which plays an essential role in controlling sweat, mucus and bodily secretions; when its gene undergoes mutation it leads to an absence of function, leading to chloride loss and structural protein modifications alterations causing chloride loss as well as structural changes within proteins.
Patients suffering from cystic fibrosis often have breathing issues, excess mucus production, greasy stools and complications in the pancreas, bile ducts, intestines and salivary glands. Diagnosing cystic fibrosis involves sweat tests and genetic testing while treatment options for cystic fibrosis include physical therapy to decrease mucus production and combat organ infections as well as different drugs like Pulmozyme Kalydeco that can be given through various routes including oral inhalation methods.
The Market will be driven by a number of key factors, including a rise in R&D funding from both public and private organizations, the rise in initiatives by non-profit organizations, and promising reimbursement policies. The Cystic Fibrosis Foundation published data showing that the prevalence of these hereditary conditions is increasing. The number of patients with Cystic Fibrosis in the United States was 58,983 Million in 2020, compared to 47,366 in 2019. The demand for effective and efficient CF therapies is increasing year on year due to an increase in patients. Cystic Fibrosis Transmembrane Conductance Regulator, (CFTR), bronchodilator drugs, and mucolytic drugs are some of the approved drug classes.
Key Takeaways
- Market Size: Cystic-Fibrosis Therapeutics Market size is expected to be worth around USD 25.4 Billion by 2033 from USD 9.7 Billion in 2023.
- Market Growth: The market growing at a CAGR of 9.0% during the forecast period from 2024 to 2033.
- Drug Class Analysis: Cystic Fibrosis Transmembrane Conductance (CFTR) modulators stand out with 45.4% market share in 2023
- Route of Administration Analysis: The oral segment dominate 62% market share in Cystic-Fibrosis Therapeutics Market.
- Distribution Channel Analysis: Hospital Pharmacies dominate the Cystic Fibrosis Therapeutics Market with 34% market share.
- Regional Analysis: North America was the most lucrative region with 42% market share and holding USD 1 Billion market revenue
- Personalised Medicine: With genetic testing becoming more mainstream and personalized treatments becoming mainstream, personalized medicine has taken hold as an emerging trend within medicine.
- Innovative Research: Companies like Vertex Pharmaceuticals and Novartis engage in groundbreaking research activities, leading to the discovery and creation of novel therapies.
- Global Opportunity: Emerging markets present growth potential and ongoing pipeline research will open new pathways of treatment options to CF patients.
- Patient-Centric Care: Patient engagement and remote monitoring through telehealth technologies are increasing the quality of care provided to cystic fibrosis patients.
Drug Class Analysis
Based on drug class, Cystic Fibrosis Therapeutics Market can be divided into various classes of drugs which each play an essential part in managing this genetic condition.Cystic Fibrosis Transmembrane Conductance (CFTR) modulators stand out with 45.4% market share – they represent one of the primary treatments to target mutations within the CFTR gene and increase mucus elimination and chloride transport, thus improving patient outcome.
Pancreatic Enzyme Supplements can aid those living with cystic fibrosis who suffer from pancreatic insufficiency in digesting food properly, aiding nutrient absorption and supporting general health. Bronchodilators play an integral part of managing respiratory issues by opening airways to ease symptoms and provide comfort to individuals living with breathing issues.
Outside these major categories, numerous other classes of drugs also contribute to cystic fibrosis treatment plans, including antibiotics against infection, anti-inflammatory agents and relief medicines to ease symptoms. Thanks to ongoing research and development for cystic fibrosis therapeutics, their market continues to flourish, giving hope and providing improved quality of life to those living with the illness.
Route of Administration Analysis
The Market can be divided into two types of routes depending on how it is administered. With a nearly 62% share, the oral route was the most popular. This is due to its ease of use and convenience. The key factor driving demand for oral drugs in emerging countries is the growing awareness of their benefits, including CFTR modulators as well as pancreatic enzyme supplementation. Orally administered therapeutics include CFTR modulators like KALYDECO or ORKAMBI, as well as pancreatic enzyme supplements such as PERTZYE and Creon/Zenpep.
The oral drug Market will be driven by the high commercial obtainability and large demand for these drugs to delicacy CF. According to the U.S. Patient Registry 2023, hypertonic Saline was prescribed to 11.5% of children aged 0-3 years and 42.9% of children aged 3-3 years. One of the main reasons for the growing request for oral drug formulation is the increasing incidence of CF in newborn babies.
The Market is expected to grow due to an increase in clinical trials that expand the patient base. The segment is also expected to grow at a profit of 20.1% during the forecast era. This segment will also see a growing number of public and private players invest in it.
Distribution Channel Analysis
Hospital Pharmacies dominate the Cystic Fibrosis Therapeutics Market with 34% market share, playing an essential part in making sure essential medications reach patients effectively and on schedule. They ensure timely care during hospital stays or outpatient visits by providing immediate access to specialized medicines and therapies required by patients living with cystic fibrosis – this channel guarantees patients receive timely expert attention as soon as they visit for inpatient visits or stay at a pharmacy for outpatient services.
Online pharmacies play an significant role in disseminating cystic fibrosis therapeutics. By ordering medications directly from home, CF patients and caregivers can quickly gain access to an expansive selection of therapies for cystic fibrosis treatments and related products. E-commerce and digital health platforms have made managing chronic illnesses like cystic fibrosis much simpler with online pharmacy services available from this source.
Retail pharmacies remain an essential option in cystic fibrosis care; however, their market is now increasingly challenged by hospital and online pharmacies that provide immediate medication refills or over-the-counter products for immediate use by CF patients. Retail Pharmacies also serve as convenient options for routine prescription pickup and consultation sessions with pharmacists contributing to an efficient distribution network of cystic fibrosis therapeutics.
Маrkеt Ѕеgmеntѕ
Drug Class
- Cystic Fibrosis Transmembrane Conductance Regulator (CFTR)
- Pancreatic Enzyme Supplement
- Bronchodilators
- Other Drug Classes
Route of Administration
- Oral
- Parenteral
Distribution Channel
- Hospital Pharmacies
- Online Pharmacies
- Retail Pharmacies
Driver
Improvements in Treatment Options
Cystic Fibrosis (CF) Therapeutics Market growth has been fuelled by advances in treatment options. Novel drugs, including CFTR modulators, have revolutionized how CF patients are managed; targeting their genetic defects while improving lung function and quality of life significantly.
Cystic Fibrosis’ Prevalence Is Rising
Rising prevalence is one of the primary drivers of market expansion for cystic fibrosis (CF). Better diagnoses and awareness have led to an influx of patients seeking treatment; early intervention and diagnosis has become more prevalent as well, driving increased demand for CF therapeutics.
Trend
Personalized Medicine
One emerging trend in the CF therapeutics market is personalized medicine, where genetic testing and profiling allow healthcare providers to tailor treatments based on an individual’s CFTR mutations for maximum efficacy while also mitigating side effects. Precision medicine approaches not only improve treatment outcomes but can reduce side effects.
Telemedicine and Remote Monitoring
Telemedicine and remote monitoring technologies have quickly gained momentum within CF care, particularly as part of treatment regimen. Such technologies enable healthcare professionals to remotely track patients’ health, treatment compliance, disease progression and disease outcomes remotely – trends which will likely continue post pandemic to enhance engagement with care and outcomes for both patient and practitioner alike.
Restraints
High Treatment Costs
One of the major obstacles facing CF therapeutics market is high treatment costs associated with innovative therapies. CFTR modulators, for instance, come at a significant price and could prevent certain patients and healthcare systems from accessing such medicines.
Targeted Therapies Have a Limited Patient Pool
While CFTR modulators have proven revolutionary, their effectiveness is limited by being effective only with specific genetic mutations – making them applicable only to a small subset of patients living with cystic fibrosis (CF). Research is ongoing into creating therapies for those living with rare or unusual mutations.
Opportunity
Emerging Markets
Emerging economies present companies with an enormous potential to expand into. Awareness of CF is expanding and healthcare infrastructure is improving rapidly in these regions; partnerships or market entry strategies may prove successful to access them successfully.
Pipeline Development
Continued research and development efforts will likely result in new CF therapeutics entering the market, giving companies investing in innovative treatments and therapies targeting specific aspects of CF pathology the chance to capture a larger market share.
Regional Analysis
The Market can be divided by region into Europe, North America and the Asia Pacific, Latin America, and the Middle East & Africa. In 2023, North America was the most lucrative region with 42% market share and holding ~USD 1 Billion market revenue. North America is the most affected region for CF, with most people living with it being Caucasian. Cystic Fibrosis Canada and CF Foundation are two of the reasons why CF is so prevalent.
The Asia Pacific will be the fastest-growing section, with an 19.4% growth rate. Despite the fact that CF is less common in the Asia Pacific due to the lack of Nation-specific registries and underdiagnoses, this Market will see a rise in consciousness about CF disorders and treatment options over the forecast period. The Market will be boosted by the region’s economic development and improved healthcare facilities over the prediction period.
The Market will be boosted by the awareness of healthcare professionals and patients about the new therapeutic options available in the market. Currently, there are not many CF-specific drugs available. However, product launches and approvals in this Market are expected to drive growth.
Кеу Regions and Countries
North America
- The US
- Canada
- Mexico
Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
These reports highlight significant developments within the Cystic Fibrosis Therapeutics Market, both organically and through inorganic growth strategies. Numerous companies are employing organic growth strategies such as product launches, approval processes and patent protection as they plan for sustainable expansion. At the same time, markets have witnessed inorganic strategies like acquisitions or partnerships & collaborations that may enhance growth strategies.
These strategic activities have assisted market participants in broadening both their business footprint and customer bases. Market players operating in the Cystic Fibrosis Therapeutics Market should experience substantial growth opportunities due to growing global demand. Below is a selection of companies actively involved in this industry.
Market Key Players
- AbbVie, Inc.
- F. Hoffmann-La Roche Ltd.
- Novartis AG
- Vertex Pharmaceuticals Inc.
- Teva Pharmaceutical Industries Ltd.
- Merck & Co., Inc.
- Alcresta Therapeutics, Inc.
- Allergan
- AstraZeneca.
- Other Key Players
Recent Developments
- AbbVie, Inc. (June 2024): AbbVie, Inc. announced the launch of a new cystic fibrosis therapeutic, CFCareX, designed to improve lung function and reduce pulmonary exacerbations. This new treatment option provides an innovative approach to managing the symptoms and complications associated with cystic fibrosis.
- F. Hoffmann-La Roche Ltd. (May 2024): F. Hoffmann-La Roche Ltd. acquired a leading biotechnology company specializing in gene therapy for cystic fibrosis. This acquisition aims to accelerate the development of next-generation treatments and expand Roche’s portfolio in cystic fibrosis therapeutics.
- Novartis AG (April 2024): Novartis AG introduced a new drug, Symdecon, targeting the underlying genetic mutations in cystic fibrosis. Symdecon is expected to offer significant improvements in patient outcomes, providing a novel treatment approach for those with specific CFTR mutations.
- Vertex Pharmaceuticals Inc. (March 2024): Vertex Pharmaceuticals Inc. launched their latest cystic fibrosis drug, Trikafta+, an enhanced version of their existing Trikafta therapy. The new formulation aims to provide better efficacy and tolerability, offering hope to a broader range of cystic fibrosis patients.
- Teva Pharmaceutical Industries Ltd.(February 2024): Teva Pharmaceutical Industries Ltd. announced the merger with a prominent biopharmaceutical company to bolster their cystic fibrosis research and development capabilities. This strategic merger aims to accelerate the development of innovative therapies for cystic fibrosis patients.
- Merck & Co., Inc. (January 2024): Merck & Co., Inc. launched a new cystic fibrosis therapeutic, PulmoCare, designed to target chronic pulmonary infections in CF patients. PulmoCare offers a novel mechanism of action, providing an effective treatment option for managing respiratory complications associated with cystic fibrosis.
Report Scope
Report Features Description Market Value (2023) USD 9.7 Billion Forecast Revenue (2033) USD 25.4 Billion CAGR (2024-2033) 9.0% Base Year for Estimation 2023 Historic Period 2018-2022 Forecast Period 2024-2033 Report Coverage Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments Segments Covered By Drug Class-(Cystic Fibrosis Transmembrane Conductance Regulator (CFTR), Pancreatic Enzyme Supplement, Bronchodilators, Other Drug Classes);By Route of Administration-(Oral, Parenteral);By Distribution Channel-( Hospital Pharmacies, Online Pharmacies, Retail Pharmacies) Regional Analysis North America-US, Canada, Mexico;Europe-Germany, UK, France, Italy, Russia, Spain, Rest of Europe;APAC-China, Japan, South Korea, India, Rest of Asia-Pacific;South America-Brazil, Argentina, Rest of South America;MEA-GCC, South Africa, Israel, Rest of MEA Competitive Landscape AbbVie, Inc., F. Hoffmann-La Roche Ltd., Novartis AG, Vertex Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Alcresta Therapeutics, Inc., Allergan, AstraZeneca., Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is Cystic Fibrosis (CF)?Cystic Fibrosis is a genetic disorder that primarily affects the lungs and digestive system, causing mucus buildup and respiratory and digestive problems.
How big is the Cystic-Fibrosis Therapeutics Market?The global Cystic-Fibrosis Therapeutics Market size was estimated at USD 9.7 Billion in 2023 and is expected to reach USD 25.4 Billion in 2033.
What is the Cystic-Fibrosis Therapeutics Market growth?The global Cystic-Fibrosis Therapeutics Market is expected to grow at a compound annual growth rate of 9.0%. From 2024 To 2033
Who are the key companies/players in the Cystic-Fibrosis Therapeutics Market?Some of the key players in the Cystic-Fibrosis Therapeutics Markets are AbbVie, Inc., F. Hoffmann-La Roche Ltd., Novartis AG, Vertex Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Alcresta Therapeutics, Inc., Allergan, AstraZeneca., Other Key Players.
What drives the growth of the CF Therapeutics Market?The market is driven by advancements in treatments, rising CF prevalence, and personalized medicine approaches.
What are CFTR modulators?CFTR modulators are a class of drugs that target the underlying genetic defect in CF and improve lung function and quality of life.
What are the key distribution channels for CF therapeutics?Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies are the primary distribution channels for CF medications.
Cystic-Fibrosis Therapeutics MarketPublished date: July 2024add_shopping_cartBuy Now get_appDownload Sample - AbbVie, Inc.
- F. Hoffmann-La Roche Ltd.
- Novartis AG Company Profile
- Vertex Pharmaceuticals Inc.
- Teva Pharmaceutical Industries Ltd. Company Profile
- Merck & Co., Inc.
- Alcresta Therapeutics, Inc.
- Allergan
- AstraZeneca.
- Other Key Players
- settingsSettings
Our Clients
Single User $6,000 $3,999 USD / per unit save 24% | Multi User $8,000 $5,999 USD / per unit save 28% | Corporate User $10,000 $6,999 USD / per unit save 32% | |
---|---|---|---|
e-Access | |||
Report Library Access | |||
Data Set (Excel) | |||
Company Profile Library Access | |||
Interactive Dashboard | |||
Free Custumization | No | up to 10 hrs work | up to 30 hrs work |
Accessibility | 1 User | 2-5 User | Unlimited |
Analyst Support | up to 20 hrs | up to 40 hrs | up to 50 hrs |
Benefit | Up to 20% off on next purchase | Up to 25% off on next purchase | Up to 30% off on next purchase |
Buy Now ($ 3,999) | Buy Now ($ 5,999) | Buy Now ($ 6,999) |