Wilson’s disease is a rare genetic disorder characterized by excess copper stored in various body tissues, particularly in the liver, brain, and corneas of the eyes. The body needs a small amount of copper from food to be healthy, but excess copper is harmful. If Wilson’s disease is not treated it may lead to organ damage. Wilson’s disease is present in a person from birth; however, the symptoms don’t appear until the level of copper rises up the liver, the brain, or the other organs. The symptoms are related to the liver, nervous system and mental health, eyes, or other organs. Wilson’s disease develops symptoms related to the liver, such as hepatitis and inflammation of the liver. Nervous system and mental health symptoms include difficulty in speaking, stiff muscles, anxiety, and depression. Wilson’s disease is caused due to the mutation of the ATP7B gene. These gene mutations prevent the body from removing extra copper.
Market Dynamics
The increasing number of clinical trials by market players is expected to drive the growth of Colombia, Chile and Peru Wilson’s disease treatment market during the forecast period. For instance, Alexion Pharmaceuticals, Inc., a subsidiary of AstraZeneca Plc., started a clinical trial of drug: ALXN1840, indicated for the treatment of Wilson’s disease. The study started in October 2021 and is expected to end in May 2024. The study is in Phase III.
Increasing inorganic growth strategies such as partnerships of pharmaceutical companies with local distributors for the distribution of medicines in the Peru is expected to drive the growth of Colombia, Peru and Chile Wilson’s disease treatment market. For instance, according to the International Trade Administration data of 2018, the U.S is the largest exporter of healthcare goods and services to Peru at 21.7% market share. This makes U.S. manufacturers to maintain good relations with local distributors, to provide after- sales services for medical devices.
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Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation:
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