Focal Segmental Glomerulosclerosis Market – Drivers
As there is no drug approved for the treatment of FSGS yet. Thus, limited treatment therapy and government funding for research on rare diseases are expected to drive growth of the FSGS market. For instance, in 2015, the U.S. Food and Drug Administration (FDA) and European Commission both granted Sparsentan, as orphan drug designation for the treatment of FSGS. This Sparsentan is a novel drug candidate with dual mechanism of action combines angiotensin receptor blockade with endothelin receptor blockade and is currently being evaluated in a Phase III trial, which expected to complete in December 2022.
Increasing research and development for FSGS drugs by various manufacturers is also fueling growth of the FSGS market. For instance, Pfizer Inc., is undergoing clinical trial for the evaluation of its drug, PF-06730512 in adults with primary focal segmental glomerulosclerosis. This drug is currently in Phase II study and is expected to complete in June 2021.
Moreover, government investments into the rare disease treatment is expected to drive the growth of market. For instance, according to an annual data report from the U.S. Renal Data System 2017, Medicare invested around US$ 34 billion for people on dialysis with chronic kidney disease.
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