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$833 Million Krabbe Disease Treatment Industry To 2027 – Impact Of COVID-19 On The Market

April 8, 2021
Reading Time:3min read

DUBLIN, April 8, 2021 /PRNewswire/ — The “Krabbe Disease Treatment – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Krabbe Disease Treatment estimated at US$833.8 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027.

Anticoagulants, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$503 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Muscle Relaxants segment is readjusted to a revised 5.1% CAGR for the next 7-year period. The U.S. Market is Estimated at $245.8 Million, While China is Forecast to Grow at 5.2% CAGRThe Krabbe Disease Treatment market in the U.S. is estimated at US$245.8 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$214.8 Million by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR. HSCT Segment to Record 6.5% CAGRIn the global HSCT segment, USA, Canada, Japan, China and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$135.1 Million in the year 2020 will reach a projected size of US$210.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$140.3 Million by the year 2027. Select Competitors (Total 42 Featured):

  • Abbott Laboratories
  • CENETOGENE N.V.
  • GlaxoSmithKline
  • Johnson & Johnson
  • Novartis AG
  • Pfizer
  • Sanofi-Aventis SA
  • Shire
  • Teva Pharmaceutical Industries Ltd.
  • UCB Pharmaceuticals

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/btuwmp

Media Contact:

Research and Markets Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

View original content: http://www.prnewswire.com/news-releases/833-million-krabbe-disease-treatment-industry-to-2027—impact-of-covid-19-on-the-market-301265118.html

SOURCE Research and Markets

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Originally published at https://www.thestreet.com/press-releases/-833-million-krabbe-disease-treatment-industry-to-2027-impact-of-covid-19-on-the-market-15618991 on April 8, 2021 7:45 pm.

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