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GLOBAL HEREDITARY OROTIC ACIDURIA MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Hereditary Orotic Aciduria Market, By Drug Type (Cytidine monophosphate and Uridine monophosphate), By Indication (Type 1 and Type 2), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Feb 2024
  • Code : CMI6626
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Global Hereditary Orotic Aciduria Market Size and Trends

Global hereditary orotic aciduria market was valued at US$ 357.9 Mn in 2023 and is expected to reach US$ 509.8 Mn by 2031, exhibiting at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

Global Hereditary Orotic Aciduria Market Trends:

  • Shift towards personalized medicine: The rise of personalized medicine has had a significant influence on the global hereditary orotic aciduria market. Personalized medicine aims to tailor medical treatment to an individual's genetic characteristics. With the advancement of genetic testing technologies, it is possible to determine if a person carries the genetic mutations that cause hereditary orotic aciduria. This ability to accurately diagnose the condition at the genetic level has driven demand for genetic testing services related to this rare disease. More patients are able to receive a confirmed diagnosis rather than relying solely on symptoms and clinical testing. Armed with a precise genetic diagnosis, physicians can recommend personalized treatment plans for patients. This may involve certain dietary modifications and vitamin supplementation that are tailored to an individual's requirements, or monitoring of symptoms. In some cases, gene therapy is also emerging as a potential customized treatment as scientists gain deeper understanding of the genetic factors behind hereditary orotic aciduria. The demand for monitoring tests and medicines that target the disease pathway has increased as doctors move towards individualized care.

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