Huntington's disease market to reach value of $2.6 billion by 2024
The Huntington’s disease market will rise from around $252.6 million in 2014 to over $2.6 billion in 2024, representing a huge compound annual growth rate (CAGR) of 25.6%, new research shows.
According to research and consulting firm GlobalData’s latest report, the main driver of this extensive growth, which will occur across the seven major markets (7MM) of the USA, France, Germany, Italy, Spain, the UK, and Japan, will be the launch of efficacious disease-modifying drugs, Raptor Pharmaceutical’s (Nasdaq: RPTP) RP103 and Australian firm Prana Biotechnology’s (ASX: PBT) PBT2.
Other drivers include the anticipated launch of enhanced symptomatic treatments, potential patient assistance programs which will reimburse expensive therapies, and an increase in the treatment rate of Huntington’s disease patients.
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