GM1 Gangliosidosis Treatment Market Is Booming Worldwide at a CAGR of 35.6 % 2022-2028 | Axovant Gene Therapies Ltd. and Passage Bio and Lysogene

The global GM1 gangliosidosis treatment market is anticipated to show notable development due to rising aim of major players on R&D to increase their goods assortment and market existence. For example, in February 2017, Lysogene, declared that they gained ODD for LYS-GM101 by EMA.

Furthermore, key players are aiming on R&D of therapy for GM1 gangliosidosis ailment which is anticipated to fuel development of the global GM1 gangliosidosis treatment market. For example, in 2019, Axovant Gene Therapies Ltd, a producer of genetic therapies for cure of neuro and nerve ailments, declared dosage of AXO-AAV-GM1 to their first sufferer in the medical program of AXO-AAV-GM1, a new genetic treatment for GM1 gangliosidosis.

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Impact of Coronavirus

The COVID-19 epidemic has radically impacted various markets over the globe and it is anticipated to impact the global gm1 gangliosidosis treatment market in the below methods;

• The COVID-19 outburst that initiated from Wuhan, China has expanded over continents, impacting several industries worlwide. Source of key objects has been seriously interrupted owing to the forced confinement, and shortage of labor and raw substances and it has also a vast effect on medical tests.
• As per the report generated by EPR on September 2020, effect of oronavirus on medical growth is ongoing to mount, with several medical tests sites incapable to totally recommence following interruption in March and April 2020. Earlier analysis in May 2020 performed by Phesi—a medical growth industry—observed that of the 300,000 global medical test areas, there have been a 38% rise in postponements from the start of 2020. Anyhow, novel research from September 2020 shows these interruptions peaked in initial June and later an initial drop have increased again – with around 28,000 sites presnetly deferred.

The market is anticipated to spectator notable development over the predicted duration as major players are aiming on acquirement of inanimate developments plans such as partnerships to increase their goods assortment and involvement in the market. For example, in May 2020, Lysogene partnered with Novasep, a distributor of facilities and machineries for biotech segment. The partnership is anticipated to serve the R&D, and producer of LYS-GM101, an AAVrh10- based DNA analysis for cure of GM1 Gangliosidosis.

Global GM1 Gangliosidosis Treatment Market: Key Takeaways

• The global GM1 gangliosidosis treatment market is anticipated to show a CAGR of 6 %over the predicted duration due to a rising count of continuous medical tests for therapy of GM1 gangliosidosis.
• Among product type, LYS-GM101 segment is approximated to keep leading place market share in the global Gangliosidosis treatment market, due to vast efficacy in therapy of GM1 Gangliosidosis sporadic ailment with RaavI 9aav, which openly plays on the neuron tissues of the sufferers.
• Among disease type, Type-1 GM1 gangliosidosis segment is projected to keep vast market share in the global gangliosidosis treatment market due to increasing frequency of type-1 GM1 gangliosidosis in infants.
• Major players involved in the global GM1 gangliosidosis treatment market are Axovant Gene Therapies Ltd. , Lysogene, and Passage Bio.

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The Study Objectives are:

✔ A comprehensive insight into key players operating in the GM1 Gangliosidosis Treatment Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 GM1 Gangliosidosis Treatment Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: GM1 Gangliosidosis Treatment Industry Impact

Chapter 2 Global GM1 Gangliosidosis Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global GM1 Gangliosidosis Treatment (Volume and Value) by Type
2.3 Global GM1 Gangliosidosis Treatment (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global GM1 Gangliosidosis Treatment Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America GM1 Gangliosidosis Treatment Market Analysis
Chapter 6 East Asia GM1 Gangliosidosis Treatment Market Analysis
Chapter 7 Europe GM1 Gangliosidosis Treatment Market Analysis
Chapter 8 South Asia GM1 Gangliosidosis Treatment Market Analysis
Chapter 9 Southeast Asia GM1 Gangliosidosis Treatment Market Analysis
Chapter 10 Middle East GM1 Gangliosidosis Treatment Market Analysis
Chapter 11 Africa GM1 Gangliosidosis Treatment Market Analysis
Chapter 12 Oceania GM1 Gangliosidosis Treatment Market Analysis
Chapter 13 South America GM1 Gangliosidosis Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in GM1 Gangliosidosis Treatment Business
Chapter 15 Global GM1 Gangliosidosis Treatment Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology