Enzyme Replacement Therapy Market By Product Type (Recombinant Enzyme Therapy, Native Enzyme Therapy), By Application (Lysosomal Storage Disorders, Non-Lysosomal Storage Disorders), By Route of Administration (Intravenous, Subcutaneous), By End-User (Hospitals & Clinics, Home Care Settings), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: HC5655  
|   Life Sciences and Healthcare

As per Intent Market Research, the Enzyme Replacement Therapy Market was valued at USD 7.5 billion in 2023 and will surpass USD 14.4 billion by 2030; growing at a CAGR of 9.8% during 2024 - 2030.

The enzyme replacement therapy (ERT) market has seen significant growth due to its critical role in treating rare genetic disorders that result from enzyme deficiencies. This market is mainly driven by the growing prevalence of lysosomal storage disorders (LSDs) and advancements in biotechnology, enabling the development of effective treatments. ERT involves the administration of synthetic or recombinant enzymes to replace the deficient or missing enzymes in patients. As the market expands, it is driven by factors such as the increasing number of patients requiring enzyme-based treatments, advancements in drug formulations, and increased awareness of rare genetic disorders. This has led to more innovative therapies entering the market and enhancing the global availability of ERT.

Recombinant Enzyme Therapy is Largest Owing to Its Broad Application and Efficacy

Recombinant enzyme therapy is the largest product type within the ERT market due to its broad application and enhanced efficacy in treating a variety of rare genetic disorders. Recombinant enzymes are produced using genetically modified organisms (GMOs), which replicate the desired enzyme in larger quantities. These therapies are particularly beneficial for disorders like Gaucher’s disease, Fabry disease, and Pompe disease, among others. Recombinant enzyme therapy is preferred over native enzyme therapy as it provides a more stable and consistent source of the enzyme, allowing for better control of treatment outcomes.

The major drivers of recombinant enzyme therapy's dominance are its proven effectiveness in clinical trials and the established infrastructure for its production. The high demand for recombinant enzymes in the treatment of lysosomal storage disorders has led to strong market competition, with several global players investing in the development of advanced recombinant therapies. This subsegment will continue to hold the largest share due to the ongoing expansion of its application base and consistent innovations aimed at improving its efficacy and safety.

Lysosomal Storage Disorders Application is Largest Owing to Growing Prevalence and Awareness

Lysosomal storage disorders (LSDs) constitute the largest application segment in the enzyme replacement therapy market, owing to their growing prevalence and the increasing awareness of the need for targeted treatments. LSDs are a group of over 70 rare inherited metabolic diseases, including conditions like Gaucher's disease, Fabry disease, and Hunter syndrome, which require enzyme replacement to restore the normal metabolic process. The growing recognition of LSDs, coupled with advancements in diagnostic methods, has led to an increasing number of diagnosed patients requiring enzyme replacement therapies.

The demand for ERT in treating LSDs is high due to the progressive nature of these diseases, which can result in severe symptoms and complications if untreated. Consequently, many pharmaceutical companies have focused their R&D efforts on developing enzyme replacement treatments specifically designed for LSDs. This segment’s market share is expected to grow further, driven by continued product approvals and the expansion of treatment options for different LSDs, thus providing relief for an increasing patient population.

Intravenous Route of Administration is Largest Owing to Its Established Effectiveness

The intravenous (IV) route of administration is the largest in the enzyme replacement therapy market due to its established effectiveness and quick absorption in the bloodstream. IV administration delivers the therapeutic enzyme directly into the patient’s circulatory system, ensuring rapid delivery to the target tissues and organs. This method is commonly used for the treatment of severe cases of lysosomal storage disorders, where high efficacy and immediate effects are critical.

While subcutaneous (SC) administration is gaining traction due to its convenience for home care settings, intravenous infusion remains the gold standard for many ERT applications, especially in hospitals and clinics where patients require constant monitoring. The established infrastructure for IV treatment and the relative ease of use make it the dominant route of administration in the market. As a result, this segment is expected to maintain a strong market share in the coming years, despite the growth of alternative delivery methods.

Hospitals & Clinics End-User Segment is Largest Due to Institutional Demand for ERT

The hospitals and clinics segment is the largest end-user category in the enzyme replacement therapy market due to the institutional demand for ERT. Hospitals and clinics have the necessary infrastructure, medical expertise, and monitoring capabilities to administer enzyme replacement therapies, particularly for severe conditions like Gaucher’s disease or Pompe disease. These facilities also play a crucial role in the initial diagnosis and ongoing management of patients requiring ERT.

Hospitals and clinics represent the primary healthcare settings for ERT delivery, as patients often require regular visits for intravenous infusion therapy, especially for rare and complex genetic disorders. As the demand for these treatments increases, hospitals and clinics continue to be the largest end-users of enzyme replacement therapies, particularly in developed regions where healthcare infrastructure supports such advanced therapies.

North America Region is Largest Owing to High Healthcare Expenditure and Disease Prevalence

North America dominates the enzyme replacement therapy market due to its high healthcare expenditure and the significant prevalence of genetic disorders that require such treatments. The region is home to a large number of patients with lysosomal storage disorders, and the availability of advanced healthcare infrastructure and reimbursement policies supports the widespread adoption of ERT. Furthermore, North America boasts some of the leading pharmaceutical companies that produce and distribute enzyme replacement therapies, including Genzyme (Sanofi) and Shire (Takeda).

In addition to the high incidence of genetic disorders, North America benefits from strong government support and policies that encourage access to rare disease treatments. The region’s advanced healthcare system and high adoption rates for advanced therapies contribute to its position as the largest market for enzyme replacement therapy globally. The ongoing development of new therapies and expanding treatment options will continue to support North America’s leadership in the market.

Leading Companies and Competitive Landscape

The enzyme replacement therapy market is highly competitive, with a number of global players leading the charge in developing and commercializing ERT products. Key players include Genzyme Corporation (Sanofi), Shire (Takeda Pharmaceuticals), Amgen Inc., BioMarin Pharmaceutical Inc., and AbbVie Inc. These companies are involved in the research, development, and commercialization of enzyme replacement therapies for a variety of lysosomal storage disorders. With a strong pipeline of products, ongoing clinical trials, and strategic partnerships, these companies are well-positioned to maintain their market dominance.

The competitive landscape is characterized by both established pharmaceutical companies and newer biotech firms aiming to develop novel therapies for rare diseases. Research and development are crucial to gaining a competitive edge, as companies continue to innovate and develop enzyme replacement therapies that improve patient outcomes. As the market continues to grow, collaborations, mergers, and acquisitions are likely to play a significant role in shaping the competitive dynamics and fostering innovation in this specialized treatment area.

Recent Developments:

  • Sanofi’s Genzyme division received approval for the expanded indication of its enzyme replacement therapy, Cerezyme, to treat additional forms of Gaucher's disease, boosting its market position in lysosomal storage diseases.
  • Takeda completed the acquisition of Shire’s enzyme replacement therapy portfolio, solidifying its leadership in the rare disease treatment space, particularly in Fabry and Gaucher diseases.
  • Amgen entered a partnership with a biotechnology firm to develop next-generation enzyme replacement therapies targeting rare lysosomal storage disorders, advancing its ERT pipeline.
  • BioMarin Pharmaceutical submitted a new enzyme replacement therapy for regulatory approval, aiming to offer a more effective treatment for patients with mucopolysaccharidosis type VI (MPS VI).
  • Ultragenyx Pharmaceutical announced positive results from a Phase 3 trial of its novel enzyme replacement therapy for Pompe disease, paving the way for potential market launch in the coming year.

List of Leading Companies:

  • Genzyme Corporation (Sanofi)
  • Shire (Takeda Pharmaceuticals)
  • Amgen Inc.
  • Baxter International Inc.
  • Pfizer Inc.
  • AbbVie Inc.
  • BioMarin Pharmaceutical Inc.
  • Ultragenyx Pharmaceutical Inc.
  • Mylan N.V.
  • Kedrion Biopharma
  • Alexion Pharmaceuticals (AstraZeneca)
  • Novo Nordisk
  • Eisai Co., Ltd.
  • Orchard Therapeutics
  • Sobi (Swedish Orphan Biovitrum)

Report Scope:

Report Features

Description

Market Size (2023)

USD 7.5 Billion

Forecasted Value (2030)

USD 14.4 Billion

CAGR (2024 – 2030)

9.8%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Enzyme Replacement Therapy Market By Product Type (Recombinant Enzyme Therapy, Native Enzyme Therapy), By Application (Lysosomal Storage Disorders, Non-Lysosomal Storage Disorders), By Route of Administration (Intravenous, Subcutaneous), By End-User (Hospitals & Clinics, Home Care Settings)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Genzyme Corporation (Sanofi), Shire (Takeda Pharmaceuticals), Amgen Inc., Baxter International Inc., Pfizer Inc., AbbVie Inc., BioMarin Pharmaceutical Inc., Ultragenyx Pharmaceutical Inc., Mylan N.V., Kedrion Biopharma, Alexion Pharmaceuticals (AstraZeneca), Novo Nordisk, Eisai Co., Ltd., Orchard Therapeutics, Sobi (Swedish Orphan Biovitrum)

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Enzyme Replacement Therapy Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Recombinant Enzyme Therapy

   4.2. Native Enzyme Therapy

   4.3. Others

5. Enzyme Replacement Therapy Market, by  Application (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Lysosomal Storage Disorders

   5.2. Non-Lysosomal Storage Disorders

   5.3. Others

6. Enzyme Replacement Therapy Market, by  Route of Administration (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Intravenous

   6.2. Subcutaneous

   6.3. Others

7. Enzyme Replacement Therapy Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Hospitals & Clinics

   7.2. Home Care Settings

   7.3. Others

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Enzyme Replacement Therapy Market, by Product Type

      8.2.7. North America Enzyme Replacement Therapy Market, by  Application

      8.2.8. North America Enzyme Replacement Therapy Market, by  Route of Administration

      8.2.9. North America Enzyme Replacement Therapy Market, by End-User

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Enzyme Replacement Therapy Market, by Product Type

               8.2.10.1.2. US Enzyme Replacement Therapy Market, by  Application

               8.2.10.1.3. US Enzyme Replacement Therapy Market, by  Route of Administration

               8.2.10.1.4. US Enzyme Replacement Therapy Market, by End-User

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Genzyme Corporation (Sanofi)

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Shire (Takeda Pharmaceuticals)

   10.3. Amgen Inc.

   10.4. Baxter International Inc.

   10.5. Pfizer Inc.

   10.6. AbbVie Inc.

   10.7. BioMarin Pharmaceutical Inc.

   10.8. Ultragenyx Pharmaceutical Inc.

   10.9. Mylan N.V.

   10.10. Kedrion Biopharma

   10.11. Alexion Pharmaceuticals (AstraZeneca)

   10.12. Novo Nordisk

   10.13. Eisai Co., Ltd.

   10.14. Orchard Therapeutics

   10.15. Sobi (Swedish Orphan Biovitrum)

11. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Enzyme Replacement Therapy Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Enzyme Replacement Therapy Market. The research methodoloagy encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Enzyme Replacement Therapy Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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