SEATTLE, May 10, 2021, (MEDGADGET) — Overview:
Transthyretin Amyloidosis (ATTR) is a continuous and genuine vagrant sickness. Transthyretin amyloid cardiomyopathy (ATTR-CM) is a kind of transthyretin amyloidosis (ATTR) that influences the heart and prompts the counteraction of cardiomyopathy and reformist cardiovascular breakdown. It is regularly an uncommon, once in a while, hazardous illness. The expanding pervasiveness of transthyretin amyloid cardiomyopathy (ATTR-CM) among the older is required to build the market development of transthyretin amyloid cardiomyopathy (ATTR-CM). For instance, as per an article distributed by the World Heart Federation in August 2019, wild-type transthyretin amyloid cardiomyopathy (ATTR-CM) is the most well-known and most basic sort of sickness in men following 60 years, and transthyretin amyloidosis (hATTR)) happens for individuals in their 50s and 60s.
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COVID -19 impact:
The COVID-19 (Coronavirus) epidemic, which is coming to a close in various countries around the world, has affected the financial situation of organizations everywhere. Private healthcare is one such area, most affected by the Coronavirus epidemic.
The lockdown in different countries has placed an economic burden on the area of medical care. In addition, the COVID-19 epidemic disrupted the transformation of events, production, and supply of medicines and other medical care items, and contributed to the development of medical services organizations of various organizations around the world.
Similarly, the effect of the Coronavirus epidemic is also expected to hinder growth of the global transthyretin amyloid cardiomyopathy (ATTR-CM) treatment market during the forecast period.
Drivers:
The rising incidence of transthyretin amyloid cardiomyopathy (ATTR-CM) & ongoing research and development activities of transthyretin amyloid cardiomyopathy (ATTR-CM) are expected to stimulate market growth for transthyretin amyloid cardiomyopathy (ATTR-CM) treatment market.
The major players in the market are focused on research and development of transthyretin amyloid cardiomyopathy (ATTR-CM) treatment, which is expected to boost market growth during the forecast period. For instance, in January 2020, Akcea Therapeutics, Inc., a wholly owned subsidiary of Ionis Pharmaceuticals, Inc., and Ionis Pharmaceuticals, Inc., jointly initiated CARDIO-TTRansform Phase III cardiovascular outcomes study for AKCEA-TTR- LRx cardiac outcomes in patients with transthyretin-mediated amyloid cardiomyopathy (ATTR-CM).
Restraints:
Lack of access to transthyretin amyloid cardiomyopathy (ATTR-CM) and awareness regarding transthyretin amyloid cardiomyopathy (ATTR-CM). This factor is expected to restrain growth of transthyretin amyloid cardiomyopathy (ATTR-CM) treatment market during the forecast period.
For instance, according to an article published by the Amyloidosis Foundation, in 2016, among the two type of transthyretin amyloid cardiomyopathy (ATTR-CM), wild type transthyretin amyloidosis (wtATTR) is difficult to diagnose than hereditary transthyretin amyloidosis (hATTR) as there is no family history or genetic marker for the disease.
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Market Segmentation:
By Type: Hereditary Transthyretin Amyloidosis (hATTR), Wild Type Transthyretin Amyloidosis (wtATTR).
By Drug Type: Transthyretin Stabilizers, Nonsteroidal anti-inflammatory drugs (NSAID), RNAi therapy, others.
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.
Regional Insights:
North America is expected to hold dominant position in the global transthyretin amyloid cardiomyopathy (ATTR-CM) treatment market, owing to the continuous clinical preliminaries for transthyretin amyloid cardiomyopathy (ATTR-CM) in the region. For instance, in November 2020, Intellia Therapeutics, Inc. reported that the principal quiet has been treated with NTLA-2001, CRISPR/Cas9 innovation, which the organization is creating as a solitary course, possibly remedial treatment for transthyretin amyloidosis (ATTR).
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Key Player:
Major players operating in the global transthyretin amyloid cardiomyopathy (ATTR-CM) treatment market are Pfizer Inc., GlaxoSmithKline Plc, Eidos Therapeutics, Ionis Pharmaceuticals, Inc., Alnylam Pharmaceuticals, Prothena Corporation plc, Intellia Therapeutics, Inc., and Corino Therapeutics, Inc. among others.
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