Skeletal Dysplasia Market: Introduction

  • Skeletal dysplasia is a rare disease with more than 450 types. It is also widely known as osteochondrodysplasias.
  • It affects the growth and development of the bone and cartilage. The level of severity of this disorder varies from neonatal lethality to growth differences experienced in adulthood.

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  • Skeletal dysplasia is difficult to diagnosis, as it is a rare disorder. However, certain symptoms include slow growth, deformities in large head, short upper arms or thighs, curved bones, and arthritis or joint pain.
  • The condition is highly prevalent in children and early diagnosis helps create awareness. This condition is a result of defective genes, which are either inherited from parents or mutated during the development of fetus.
  • The defective gene is extremely difficult to identify. Hence, companies are making significant investments in research & development of the treatment for this rare disease

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Key Drivers, Restrains, and Opportunities of Global Skeletal Dysplasia Market

  • Rise in awareness and early diagnosis of skeletal dysplasia drive the global skeletal dysplasia market. Technological advancements is another factor that is anticipated to propel the global market in the next few years.
  • Key players are investing in the development of the treatment for this condition. Moreover, prevalence of skeletal dysplasia in children is increasing. These factors are expected to drive the global market.
  • According to a journal published on UpToDate, prevalence of skeletal dysplasia is estimated to be 2.4 per 100,000 births globally every day. Prevalence of skeletal dysplasia during pregnancy is estimated to be 7.5 per 100,000 women screened through ultrasound. Patients with this condition undergo extensive medical and surgical treatments throughout childhood and adulthood.
  • However, less awareness about skeletal dysplasia and poor diagnosis hamper the global market, especially in developing regions

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Asia Pacific Skeletal Dysplasia Market to Expand at Higher CAGR

  • North America dominated the global market in 2020, and the trend is projected to continue during the forecast period. This is due to a rise in awareness about the treatment of orthopedic and medical issues, increase in healthcare expenditure, and presence of key players involved in the clinical trials for the development of therapies to cure skeletal dysplasia. Moreover, advanced healthcare facilities, awareness about early diagnosis, and recognition of orphan drugs by governments boost the skeletal dysplasia market in the U.S. According to research, the estimated prevalence of this rare bone disease is 1 in 1,600.
  • The skeletal dysplasia market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. Prevalence of rare disorders including skeletal dysplasia, early diagnosis, and prevalence in children are key factors fueling the market in the region. Expansion of national and international collaborations and technological advancements are expected to augment the skeletal dysplasia market in Asia Pacific.

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Key Players Operating in Global Skeletal Dysplasia Market

Major players operating in the global skeletal dysplasia market are listed below:

  • Amgen Inc.
  • Merck KGaA
  • Regeneron
  • BioMarin Pharmaceuticals
  • Clementia Pharmaceuticals
  • Regeneron Pharmaceuticals
  • Ultragenyx Pharmaceutical
  • Alexion Pharmaceuticals

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