High Prevalence of Fabry Disease and Approval and Launch of New Products to Augment Growth of Enzyme Replacement Therapy Market
Enzyme replacement therapy is an alternative medical treatment that substitutes the missing enzyme in the human body. Typically, this is performed by administering an intravenous (IV) injection of a commercially available solution containing the necessary enzyme to replace one or more low-producing enzymes. Enzymes are critical for the normal function of many bodily systems. In the human body, they are responsible for the regulation of acid-alkaline balance, protein synthesis, metabolism, and other processes. These functions are regulated by numerous enzymes including those in the digestive tract, immune and the reproductive systems, the endocrine system and the neurotransmission system. Market Dynamics High prevalence of Fabry disease is expected to propel growth of the enzyme replacement therapy market. For instance, according to a report updated by National Center for Biotechnology Information, in January 2020, the prevalence of Fabry disease in white, male populations was...