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Congenital Hyperinsulinism Treatment Market Size

  • Report ID: GMI6333
  • Published Date: Jul 2023
  • Report Format: PDF

Congenital Hyperinsulinism Treatment Market Size

Congenital Hyperinsulinism Treatment Market size accounted for USD 146.4 million in 2022 and is estimated to grow at 5.5% to reach USD 251.1 million by 2032.

 

Governments across various regions are increasingly recognizing the importance of addressing rare genetic disorders such as congenital hyperinsulinism (CHI) and are undertaking initiatives to support the development and accessibility of treatments. Through initiatives such as research grants, funding support, and regulatory incentives, governments are encouraging research and development in the field of rare diseases, thereby propelling the market growth. Furthermore, increasing focus on precision medicine is driving the development of targeted therapies for congenital hyperinsulinism, thereby accelerating the market progress.

 

Congenital hyperinsulinism (CHI) is a rare genetic disorder characterized by excessive insulin production from the pancreas, leading to recurrent and severe hypoglycemia (low blood sugar levels). The goal of CHI treatments is to maintain stable blood sugar levels and prevent hypoglycemic episodes, which can cause significant neurological complications.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Congenital hyperinsulinism treatment industry size was worth USD 146.4 million in 2022 and is estimated to witness 5.5% CAGR from 2023 to 2032 attributed to the increasing government initiatives to support the development and accessibility of treatments of rare genetic disorders.

The octreotide drug type segment is estimated to record 6.4% CAGR from 2023 to 2032 driven by the increasing use for providing effective symptom management for individuals with congenital hyperinsulinism.

North America congenital hyperinsulinism treatment market accounted for 61.3% revenue share in 2022 and is projected to expand at notable CAGR from 2023-2032 owing to the presence of advanced healthcare infrastructure, the strong focus on R&D and favorable regulatory environment.

Some major companies engaged in the congenital hyperinsulinism treatment industry are Crinetics Pharmaceuticals, Inc., Novartis AG, Zealand Pharma A/S, Rezolute, Inc., Hanmi Pharm.Co., Ltd, and Teva Pharmaceutical Industries Ltd, among others.

Congenital Hyperinsulinism Treatment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 202
  • Countries covered: 19
  • Pages: 180
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