We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image
  • Published In : Nov 2020
  • Code : CMI4270
  • Pages :101
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

GM1 Gangliosidosis is an inherited central nervous system disorder that destroys nerve cells in the spinal cord and brain. GM1 gangliosidosis is classified mainly into three types depending upon the signs and symptoms of the disorder. Type 1 GM1 gangliosidosis includes severe signs and symptoms such as mental regression and development of an exaggerated startle reaction to loud noises. Type 1 GM1 gangliosidosis usually occurs in newborns under 6 months of age. Type 2 GM1 gangliosidosis is also known as the late infantile and juvenile form. Children suffering from this usually exhibit symptoms such as mental regression till the age of 18. In type 3 GM1 gangliosidosis (also known as the adult or chronic form), the symptoms are usually seen in adults but exhibit a very low disease spectrum.

The global GM1 gangliosidosis treatment market size is estimated to be valued at US$ 142.1 million in 2025 and is expected to exhibit a CAGR of 35.6 % during the forecast period (2025-2030).

Figure 1. Global GM1 Gangliosidosis Treatment Market Value (US$ Mn), 2025 - 2030

GM1 GANGLIOSIDOSIS TREATMENT MARKET

To learn more about this report, request a free sample copy

GM1 gangliosidosis is a rare central nervous system disorder and can develop throughout the lifetime in diagnosed individuals. For instance, in 2019, according to World Health Organization WHO data, around 2,000 patients suffer from GM1 ganglioside across the world. According to the same data source, incidence GM1 gangliosidosis accounts for around 0.5-1.0/100,000 births across the globe.

GM1 Gangliosidosis Treatment Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2025: US$ 142.1 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2025 to 2030 CAGR: 36.5% 2030 Value Projection: US$ 651.7 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Rest of World: Latin America, Asia Pacific, Middle East and Africa.
Segments covered:
  • By Product Type: LYS-GM101, PBGM01, AXO-AAV-GM1.
  • By Disease Type: Type 1 GM1 Gangliosidosis, Type 2 GM1 Gangliosidosis, Type 3 GM1 Gangliosidosis.
Companies covered:

Axovant Gene Therapies Ltd, Passage Bio and Lysogene.

Growth Drivers:
  • Key players are focusing on research and development of treatment of GM1 gangliosidosis
  • Key players are focusing on inorganic strategies such as collaborations for development of gene therapy treatment for GM1 gangliosidosis
Restraints & Challenges:
  • Low awareness about GM1 gangliosidosis in emerging countries

Global GM1 Gangliosidosis Treatment Market – Impact of Coronavirus (COVID-19)

Following the outbreak of COVID-19 in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, the manifestation of the coronavirus (COVID-19) has resulted in more than 52.7 million infected individuals worldwide as of November 13, 2020.

COVID-19 has affected each and every market across the world and has also impacted the global GM1 gangliosidosis treatment market in the following ways; by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries such as China, India, Saudi Arabia, UAE, Egypt, and others are facing problems with regards to the transportation of drugs from one place to another.

Furthermore, players operating in the global GM1 gangliosidosis market are facing major challenges on various fronts due to the COVID-19 pandemic. The major challenges include supply of raw materials for manufacturing drug formulations due to irregularities in transportation facility. Moreover, distributors of products are experiencing irregular demand for products from the retailers due to increasing patient population suffering from COVID-19 and other life threatening disorders.

Figure 2. Global GM1 Gangliosidosis Treatment Market Share (%), by Region, 2025

GM1 GANGLIOSIDOSIS TREATMENT MARKET

To learn more about this report, request a free sample copy

Among region, the North America GM1 gangliosidosis market is expected to witness significant growth during the forecast period, owing to high disease population in the U.S. For instance, in 2019, according to National Center for Biotechnology Information (NCBI) data, the GM1 gangliosidosis accounts for around 500 patients, which is expected to drive growth of the U.S market.

Key Players

Major players operating in the global GM1 Gangliosidosis Treatment market are Axovant Gene Therapies Ltd. and Passage Bio and Lysogene.

Frequently Asked Questions

The global GM1 gangliosidosis treatment market size is estimated to be valued at US$ 142.1 million in 2025 and is expected to exhibit a CAGR of 35.6 % between 2025 and 2030.

Key players are focusing on research and development of treatment of GM1 gangliosidosis and key players are focusing on inorganic strategies such as collaborations for development of gene therapy treatment for GM1 gangliosidosis.

LYS-GM101 segment is estimated to hold major market share in the global gangliosidosis treatment market, as LYS-GM101 is has shown greater efficiency in treatment of GM1 Gangliosidosis rare disorder with recombinant adeno- associated virus 9aav, which directly acts on the nerve cells of the patients.

Type-1 GM1 gangliosidosis segment is estimated to hold major market share in the global gangliosidosis treatment market, owing to rising prevalence of type-1 GM1 gangliosidosis in newborns.

North America GM1 gangliosidosis treatment market is estimated to generate largest revenue share in 2020.

Low awareness about GM1 gangliosidosis in emerging countries, which is a key factor hampering growth of the market.

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now

Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request Discount
Logo

Reliability and Reputation

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Reliability and Reputation

27001:2022

Reliability and Reputation

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo