CNS Specific Antisense Oligonucleotide Market, by Drug (Approved and Pipeline), by Indication (Hereditary transthyretin amyloidosis (hATTR)/ Polyneuropathy, Spinal Muscular Atrophy, and Huntington’s Disease), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 883.7 million in 2017, and is projected to exhibit a CAGR of 24.9% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.
Strong research and development by market players is expected to augment the market growth
Key players in the market are focused on research and development to address the critical unmet needs of patients suffering from neurodegenerative disorder and cancer. For instance, as of 2018, there are around 8 novel research candidate in development stage targeting CNS disease, which are rare in nature. Many of them are in phase I of development. Company such as Ionis has 28 ongoing clinical trials, 5 of which are targeted at CNS disorders.
Moreover, approval of novel antisense oligonucleotide is expected to boost the market growth. For instance, in October 2018, Alnylam Pharmaceuticals, Inc. received the U.S. Food and Drug Administration (FDA) approval for its ONPATTRO (patisiran) lipid complex injection, for the treatment of the polyneuropathy of hereditary transthyretin-mediated (hATTR) amyloidosis in adults.
Browse 38 Market Data Tables and 32 Figures spread through 206 Pages and in-depth TOC on ‘CNS Specific Antisense Oligonucleotide Market’- Global Forecast to 2026, by Drug (Approved and Pipeline), by Indication (Hereditary transthyretin amyloidosis (hATTR)/ Polyneuropathy, Spinal Muscular Atrophy, and Huntington’s Disease), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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Key players in the market are focused on adopting strategies such as mergers and acquisitions to enhance their product portfolio. For instance, in August 2018, Alnylam Pharmaceuticals, Inc. partnered with Orsini Healthcare, a specialty pharmacy as distributor of ONPATTRO (patisiran) lipid complex injection.
Key Takeaways of the CNS Specific Antisense Oligonucleotide Market:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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