Middle East & Africa Fabry Disease Treatment Market Size & Outlook
Middle East & Africa fabry disease treatment market, 2016-2027 (US$M)
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MEA fabry disease treatment market highlights
- The MEA fabry disease treatment market generated a revenue of USD 13.7 million in 2020.
- The market is expected to grow at a CAGR of 6.3% from 2021 to 2027.
- In terms of segment, replagal was the largest revenue generating product in 2020.
- Galafold is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2021 to 2027.
MEA data book summary
| Market revenue in 2020 | USD 13.7 million |
| Market revenue in 2027 | USD 21.0 million |
| Growth rate | 6.3% (CAGR from 2020 to 2027) |
| Largest segment | Replagal |
| Fastest growing segment | Galafold |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Galafold, Fabrazyme, Replagal |
| Key market players worldwide | 3D Systems Corp, Formlabs, Voxeljet AG ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.1% of the global fabry disease treatment market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- MEA is the fastest growing regional market and is projected to reach USD 21.0 million by 2027.
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Fabry Disease Treatment Market Scope
Fabry Disease Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa fabry disease treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fabry disease treatment market will help companies and investors design strategic landscapes.
Replagal was the largest segment with a revenue share of 69.34% in 2020. Horizon Databook has segmented the Middle East & Africa fabry disease treatment market based on galafold, fabrazyme, replagal covering the revenue growth of each sub-segment from 2016 to 2027.
A study published in the International Journal of Neurological Disorder reported the birth prevalence of Fabry Disease in males and females as 1.42/100,000 live births and 2.37/100,000 live births, respectively.
Low awareness about Fabry Disease and limited focus of health ministries on screening and management of Fabry disease in the region is anticipated to be a major threat to the MEA market. In addition, weak healthcare infrastructure, low affordability of expensive drugs due to unfavorable reimbursement scenarios are expected to be major factors hindering the growth of the MEA market.
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Our clientele includes a mix of fabry disease treatment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fabry disease treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fabry disease treatment market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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MEA fabry disease treatment market size, by country, 2016-2027 (US$M)
Middle East & Africa Fabry Disease Treatment Market Outlook Share, 2020 & 2027 (US$M)
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