The Transthyretin Amyloidosis Treatment Market Size is valued at USD 5.2 billion in 2023 and is predicted to reach USD 9.4 billion by the year 2031 at a 7.90% CAGR during the forecast period for 2024-2031.
Transthyretin amyloidosis (ATTR) is an uncommon and progressive condition resulting from the misfolding of transthyretin (TTR) proteins, which leads to amyloid accumulation in organs and tissues, mostly impacting the heart and nervous system.
Patients undergoing transthyretin amyloidosis treatment are expected to be driven by the rising elderly patient demographic and the growing prevalence of transthyretin amyloidosis among these patients. According to a 2022 study published in the European Journal of Heart Failure, patients aged 70 years and older were found to have transthyretin amyloidosis (ATTR).
Furthermore, the ageing population is driving the industry, especially in developed nations, as the condition is more prevalent in older people. For instance, transthyretin amyloidosis (ATTRwt) of the wild-type primarily affects older males; postmortem reports indicate that transthyretin amyloid cardiac deposits are present in 25% of patients over the age of 80. Therefore, it is anticipated that the incidence rates of transthyretin amyloidosis illness will rise in tandem with the worldwide elderly population, driving the transthyretin amyloidosis treatment market expansion.
Competitive Landscape
Some Major Key Players In The Transthyretin Amyloidosis Treatment Market:
- Acrotech Biopharma, LLC
- Alnylam Pharmaceuticals, Inc.
- AstraZeneca PLC
- Astellas Pharma Inc.
- BridgeBio Pharma, Inc.
- Bristol-Myers Squibb Company
- Ionis Pharmaceuticals, Inc.
- Johnson & Johnson
- Prothena Biosciences Limited
- Pfizer Inc.
- SOM Innovation Biotech, S.L.
- Abbvie, Inc.
- Sanofi
- Eidos Therapeutics, Inc
- BELLUS Health Inc
- Other Market Players
Market Segmentation:
The transthyretin amyloidosis treatment market is segmented based on type, therapy, disease type, and distribution channel. Based on type, the market is segmented into ATTR-PN and ATTR-CM. By therapy, the market is divided into Targeted Therapy (Onpattro, Inotersen, Vyndaqel/Vyndamax), Supportive Therapy, and Pipeline Therapy. By disease type, the market is segmented into Hereditary Transthyretin Amyloidosis (Polyneuropathy, Cardiomyopathy, Mixed Type) and Wild Type Amyloidosis. The distribution channel segment includes Hospital Pharmacies, Specialty Pharmacies, Retail Pharmacies, and Online Pharmacies.
Based On The Type, The ATTR-CM Segment Accounts For A Major Contributor To The Transthyretin Amyloidosis Treatment Market.
The ATTR-CM category is expected to hold a major global market share in 2023. This is caused by the high frequency of disease and the rapid improvement in diagnostic rates. Although the precise frequency of the condition is unknown, different autopsy reports indicate that between 22% and 25% of individuals 80 years of age and older had heart TTR amyloid accumulation. Even yet, patients with ATTR-CM amyloidosis typically have modest amyloid deposition. Additionally, the introduction of new medications to treat ATTR-CM is anticipated to accelerate the growth of the transthyretin amyloidosis treatment market. For instance, the U.S. FDA approved Pfizer Inc.'s VYNDAQEL and VYNDAMAX in May 2019 for the treatment of ATTR-CM.
Diagnostic Laboratories Segment To Witness Growth At A Rapid Rate.
The majority of hospitals focus on the diagnosis, investigation, and treatment of the illness. For instance, the goal of Massachusetts-based Brigham and Women's Hospital is to identify and treat diseases that have been misdiagnosed. It launched the Amyloidosis Program, providing patient-centred care, access to cutting-edge treatments, and new clinical trials. The group of professionals would raise awareness among patients and educate doctors and patients. These programs would help the transthyretin amyloidosis treatment market expand even further.
In The Region, The North American Transthyretin Amyloidosis Treatment Market Holds A Significant Revenue Share.
The North American transthyretin amyloidosis treatment market is expected to note the highest market share in revenue in the near future. Strong reimbursement rules, a well-established healthcare infrastructure, and a high level of patient and healthcare professional knowledge regarding rare diseases are among the region's many strengths. The industry's expansion in North America is further aided by the existence of significant market participants and continuous research and development initiatives. Furthermore, the region's early adoption of cutting-edge medicines and a strong focus on innovation have increased its market share in transthyretin amyloidosis treatment. In addition, the Middle East and Africa are projected to grow rapidly in the global transthyretin amyloidosis treatment market. The high unmet treatment demands, increasing approval rates, and rising ailment prevalence are expected to boost the transthyretin amyloidosis treatment market in the following years. Some important factors that are expected to be the key drivers of growth are a large target population, sensible healthcare reforms, and an increase in the awareness of illnesses.
Transthyretin Amyloidosis Treatment Market Report Scope
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 5.2 Bn |
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Revenue Forecast In 2031 |
USD 9.4 Bn |
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Growth Rate CAGR |
CAGR of 7.90% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Therapy, Disease Type, And Distribution Channel |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Ionis Pharmaceuticals, Inc., Pfizer Inc., AstraZeneca, Johnson & Johnson Services, Inc., Alnylam Pharmaceuticals, Inc., Astellas Pharma, Inc.. BridgeBio Pharma, Inc., Bristol-Myers Squibb Company, Acrotech Biopharma, Prothena, SOM Biotech, and Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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