Acid Sphingomyelinase Deficiency (ASMD) Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Acid Sphingomyelinase Deficiency (ASMD) Market is segmented By Therapy (XENPOZYME (olipudase alfa), Other Enzyme Replacement Therapies (ERT)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD million) for the above-mentioned segments.
Acid Sphingomyelinase Deficiency (ASMD) Market Size
Market Size in USD
CAGR12.1%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 12.1% |
| Market Concentration | High |
| Major Players | Sanofi, Orphazyme, Takeda Pharmaceutical, Actelion Pharmaceuticals |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Acid Sphingomyelinase Deficiency (ASMD) Market Analysis
The acid sphingomyelinase deficiency (ASMD) market is estimated to be valued at USD 134.6 Mn in 2024 and is expected to reach USD 300 Mn by 2031, growing at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031. The market is expected to showcase significant growth during the forecast period due to the rising diagnosis of ASMD and growing access to enzyme replacement therapies.