- Enzyme Replacement Therapy
- Substrate Reduction Therapy
- Small Molecule Drugs
- Drug Therapy
- Others
Metabolism Drugs market was valued at USD 7,098.9 million in 2022 and is expected to grow at a 5.42% CAGR from 2023 to 2029. Metabolism is the process of breakdown of food in the body to various proteins, carbohydrates, and fat. The metabolism may be affected due to lack of production of enzymes in the body. Metabolism drugs are used to treat metabolism disease as a result of improper or inadequate or malfunctioning of metabolism process in the body. Metabolism disease can also be caused by genetics. The genetically caused metabolism disease has less incidence and prevalence rate. Metabolic diseases include hereditary tyrosinemia, Gaucher disease, hereditary orotic aciduria, and Fabry disease. Increasing prevalence of metabolic disorders, and rising awareness among the public about treatment and diagnosis of various metabolic disorders is expected to drive the growth of metabolic drugs market over the forecasted years. In addition, presence of several risk factors like obesity, presence of comorbidities, and growing unhealthy lifestyle is expected to boost the growth of metabolism drugs market. Furthermore, increasing development of analytical tools along with research and development of new drugs are expected to trigger the metabolism drugs market growth. For instance, researchers in University Hospitals Cleveland Medical Centre discovered a hormone called asprosin, which stimulates appetite and increases blood glucose levels by acting on the hypothalamus and the liver in human body. However, the side effects caused by the prolonged treatment along with the clinical hold on trails by market players is expected to hinder the market growth of metabolism drugs market over the forecasted years. For instance, in June 2022, Astellas Pharma, Inc. announced that the USFDA has placed a hold on the FORTIS phase1/2 trial following the occurrence of serious adverse effects. Geographically, North America region held the major market share in 2022 and is expected to dominate the global metabolism drugs market in the forecasted years.
Metabolism Drugs Market Key Developments:
In November 2020, USFDA approves the first drug ‘oxlumo’ to treat rare metabolic disorder-primary hyperoxaluria type 1.
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Metabolism drugs market is expected to grow over the forecasted period due to the increasing prevalence of metabolic disorders across the globe. In addition, several risk factors like growing incidence of obesity, increasing unhealthy lifestyle, and presence of comorbidities is expected to boost the growth of metabolism drugs market. For instance, according to WHO, about 650 million people suffer from obesity in 2016 and is expected to increase more than four-fold times by 2030. In addition, increasing research and development along with the launch of new drugs by market players is expected to drive the market growth over the forecasted period.
Metabolism Drugs market was valued at USD 7,098.9 million in 2022, and is expected to grow at a 5.4% CAGR from 2023 to 2029.
North America region is expected to hold a significant market share and dominate the metabolism drugs market over the forecast years.
The leading players in the global Metabolism Drugs market are Astra Zeneca, GlaxoSmithKline Plc, Novartis AG, Boehringer Ingelheim International GmbH, Amicus Therapeutics, Horizon Therapeutics, Takeda Pharmaceutical Company Limited, Sanofi, Merck Sharp & Dohme Corp, BioMarin Pharmaceutical.
Factors like side effects caused due to the prolonged treatment and regulatory policies and approvals of clinical trials is expected to hinder the market growth over the forecasted period.