Lysosomal Storage Disease (LSD) Global Market Analysis & Outlook (2018-2022)
PUNE, INDIA, April 19, 2018 /EINPresswire.com/ -- WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Global Lysosomal Storage Disease (LSD) Outlook 2024”
Lysosomal Storage Disease (LSD)
Overview
Lysosomal Storage Disease (LSD) is a genetic disorder that causes various types of nervous system disorders such as clinical abnormalities and cellular dysfunction. There are more than 65 categories of LSD. This disease can be classified into Lipid Metabolism Disorder and Glycoprotein Metabolism Disorder.
Further Lipid Metabolism Disorder is categorized into Gaucher disease & Fabry disease and Glycoprotein Metabolism Disorder into Pompe disease. LSD develops mainly due to deficiency of lysosomal enzyme in the living body.
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Major Players
Pfizer Inc
Sanofi S.A.
Shire Plc
Protalix BioTherapeutics, Inc.
Lysosomal Storage Disease (LSD) Major Outlook
A person suffering from LSD could experience problems like abnormal growth of bones, delay movement of body, deafness, blindness, dementia, respiratory problems, fatigue/weakness, bone & joint deformity, organ enlargement, lung dysfunction, severe & fatal physical & mental health deterioration.
The global LSD market is expected to grow with growing Ashkenazi (Eastern and Western Europe) population, increasing pharmaceutical R&D spending, growing disposable income, rising healthcare expenditure and accelerating economic growth. Key trends of this rare disease market includes progressing drugs under pipeline and increasing preference towards gene therapy. However, there are some factors which can hinder growth of the market including stringent regulations and limited access to patent rights.
Lysosomal Storage Disease (LSD) - Competitive Analysis
Key players are making innovative developments in Lysosomal Storage Disease (LSD). The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Lysosomal Storage Disease (LSD) – Scope
The report discusses the major growth drivers, key tends & developments and challenges of the market, covering the global market. The report profiles the key players of the market including Pfizer Inc., Sanofi S.A., Shire Plc and Protalix BioTherapeutics, Inc.
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