Global Phenylketonuria Treatment Market Size (2024 - 2029)

The phenylketonuria treatment market is anticipated to experience significant growth, driven by factors such as increased clinical trials, research development activities, and rising awareness programs. The COVID-19 pandemic has influenced treatment adherence, highlighting the importance of teleconsultancy in maintaining metabolic compliance. Despite the challenges posed by high treatment costs, the market is expected to expand as economic activities resume and awareness about PKU and medical food use increases.

Market Size of Global Phenylketonuria Treatment Industry

123
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 11.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Global Phenylketonuria Treatment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Phenylketonuria Treatment Market Analysis

The phenylketonuria treatment market is expected to register a CAGR of 11% over the forecast period (2022-2027).

The COVID-19 pandemic has moderately impacted healthcare systems and the market. Neurocognitive outcome and phenylketonuria (PKU) prognosis are directly related to lifelong phenylalanine (Phe) levels and treatment adherence. For instance, In june 2021, as per the national library of medicine data, PKU patients had to adjust their dietary restrictions to the new environment. While younger patients may have been less exposed (meals strictly according to diet plan regardless of setting), adolescent and adult patients strongly reflected the obligation to stay at home by showing better metabolic control. Multiple factors could have contributed to this, including the availability of teleconsultancy, which allowed for easier connections. The similar source stated that how the pandemic and the environment can significantly impact PKU treatment adherence and how removing distance barriers can improve and optimize metabolic compliance. For instance, In June 2021, As per the data published by Europe PMC, the COVID19 pandemic strongly impacted people's life with lifestyle habits changing consistently. PKU patients had to adapt their dietary restrictions to the new environment they were exposed to and, if younger patients could have been less exposed (meals strictly according to diet plan independently from setting adolescentsent and adults strongly reflected the obligation to stay home by showing better metabolic control. Multiple factors could have played a role in that and the availability of teleconsultancy may have contributed allowing easier connections, but data demonstrate how the pandemic and the environment can strongly impact PKUs adherence to treatment and how removing distance barriers can ameliorate and optimize metabolic compliance. Thus, the abovementioned factors shows how the market has been impacted during a pandemic and it is expected to gain traction quickly with the resumption of economic activities.

Increasing clinical trials & research development activities are further boosting the growth of the market. For instance, In August 2022, BioMarin Pharmaceutical Inc. conducted a Phase 1/2 Open-Label, Dose Escalation research in Phenylketonuria patients with Plasma Phe Levels > 600 mol/L to investigate the safety and efficacy of BMN 307, an Adeno-Associated Virus Vector-Mediated Gene Transfer of Human Phenylalanine Hydroxylase. Moreover, PTC Therapeutics also conducted a clinical trial to assess the efficacy of PTC923 in lowering blood phenylalanine (Phe) levels in Phenylketonuria patients, as evaluated by the mean change in blood Phe levels from baseline to Weeks 5 and 6. (that is, the average of each respective treatment dose 2-week period of double-blind treatment).

Furthermore, Rising PKU awareness programs provided by local governments, national governmental organizations, and regulatory bodies and healthcare system assistance in developed and developing regions are driving factors for phenylketonuria treatment. Increasing awareness about PKU and medical food use is expected to boost demand for phenylketonuria treatment in the future. For instance, the National Phenylketonuria Alliance is a collaboration of PKU community members joining together as a national voice and supporting local efforts to raise PKU awareness and educate PKU patients, while ultimately looking for a cure. This alliance works to spread awareness through digital and direct interaction channels regarding the quality of life. Thus, the market is expected to drive in the forecast period from the abovementioned factors. But the high cost of treatment can hamper the growth of the market during the forecast period.

Phenylketonuria Treatment Industry Segmentation

Phenylketonuria is a birth defect, which occurs due to the mutation of the gene that is responsible for encoding phenylalanine hydroxylase. The presence of phenylalanine is higher in blood levels in the affected people. The phenylketonuria treatment market is segmented by Drugs (Kuvan, Playnziq, and Other Drugs) and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers the value (USD million) for the above segments.

By Drug
Kuvan
Playnziq
Other Drugs
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
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Global Phenylketonuria Treatment Market Size Summary

The phenylketonuria (PKU) treatment market is poised for significant growth, driven by increasing awareness, research activities, and advancements in treatment options. The market is experiencing a resurgence as economic activities resume post-pandemic, with factors such as teleconsultancy improving treatment adherence. The COVID-19 pandemic had a moderate impact on the market, affecting treatment compliance due to lifestyle changes, but the availability of remote healthcare services helped mitigate some of these effects. The market is further bolstered by ongoing clinical trials and research developments, such as those conducted by BioMarin Pharmaceutical Inc. and PTC Therapeutics, which are exploring innovative treatments to manage PKU effectively. Awareness programs led by organizations like the National Phenylketonuria Alliance are also playing a crucial role in educating patients and promoting the use of medical foods, thereby driving demand for PKU treatments.

North America is expected to hold a significant share of the global PKU treatment market, attributed to a higher incidence rate and advanced treatment options in the region. The presence of key players such as BioMarin Pharmaceuticals and Censa Pharmaceuticals, along with governmental support for research, has positioned the United States as a leader in the PKU treatment landscape. The market is characterized by a few major players, with BioMarin Pharmaceuticals' Kuvan being a notable treatment option that has shown efficacy in reducing blood phenylalanine levels. The introduction of generic versions, like Dr. Reddy's Laboratories' Sapropterin Dihydrochloride Powder, is expected to enhance market accessibility. Despite the high cost of treatment posing a challenge, the market is anticipated to grow steadily, driven by ongoing innovations and the increasing prevalence of PKU.

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Global Phenylketonuria Treatment Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Prevalence Rate of Phenylketonuria

      2. 1.2.2 Increasing Research and Development Activities in relation to Phenylketonuria Treatment

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Treatment

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Drug

      1. 2.1.1 Kuvan

      2. 2.1.2 Playnziq

      3. 2.1.3 Other Drugs

    2. 2.2 Geography

      1. 2.2.1 North America

        1. 2.2.1.1 United States

        2. 2.2.1.2 Canada

        3. 2.2.1.3 Mexico

      2. 2.2.2 Europe

        1. 2.2.2.1 Germany

        2. 2.2.2.2 United Kingdom

        3. 2.2.2.3 France

        4. 2.2.2.4 Italy

        5. 2.2.2.5 Spain

        6. 2.2.2.6 Rest of Europe

      3. 2.2.3 Asia-Pacific

        1. 2.2.3.1 China

        2. 2.2.3.2 Japan

        3. 2.2.3.3 India

        4. 2.2.3.4 Australia

        5. 2.2.3.5 South Korea

        6. 2.2.3.6 Rest of Asia-Pacific

      4. 2.2.4 Rest of the World

Global Phenylketonuria Treatment Market Size FAQs

The Global Phenylketonuria Treatment Market is projected to register a CAGR of 11% during the forecast period (2024-2029)

BioMarin Pharmaceuticals, SOM Innovation Biotech SL , Homology Medicines Inc. , Censa Pharmaceuticals (PTC Therapeutics) and Codexis Inc. are the major companies operating in the Global Phenylketonuria Treatment Market.

Phenylketonuria Treatment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)