Technavio's latest report on the global hypertrophic cardiomyopathy therapeutics marketprovides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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Technavio has published a new report on the global hypertrophic cardiomyopathy therapeutics market from 2017-2021. (Graphic: Business Wire)
The research study by Technavio on the global hypertrophic cardiomyopathy therapeutics market for 2017-2021 provides a detailed industry analysis based on drug-class (calcium channel blockers, beta-adrenergic blockers, antiarrhythmic, and anticoagulants) and geography (the Americas, EMEA, and APAC).
|Hypertrophic cardiomyopathy (HCM) is the enlargement of the heart muscle, which disrupts the functions of the heart. HCM is mostly caused due to gene mutation and is a significant cause of sudden cardiac death in any age group. Technavio analysts forecast the global hypertrophic cardiomyopathy therapeutics market to grow to USD 1,379.69 million by 2021, at a CAGR of close to 2% over the forecast period.|
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The top three emerging trends driving the global hypertrophic cardiomyopathy therapeutics market according to Technavio healthcare and life sciences research analysts are:
- Increasing availability of genetic tests
- Development of translational bioinformatics (TBI)
- Advent of genomic medicine
Increasing availability of genetic tests
"The increasing availability of genetic tests such as GeneDx, Correlagen, and Transgenomic's FAMILION have greatly helped in determining the pathogenicity in 11 genes causing hypertrophic cardiomyopathysays Sapna Jha, a lead analyst at Technavio for cardiovascular and metabolic disorders research.
The HCM individuals are categorized into genotype positive or phenotype negative and phenocopies. The advent of automated DNA sequencing has paved the way for enhanced, reliable, and comprehensive molecular diagnosis of disease. Researchers are putting in continued R&D efforts to come up with even more advanced testing techniques.
Development of translational bioinformatics (TBI)
HCM is a complex genetic disorder, whose diagnosis requires an integration of various heterogeneous features originating from genotypic, phenotypic, and environmental sources. Modern approaches that allow for the integration and analysis of bioinformatics, biostatics, statistical genetics, and clinical informatics features are termed as TBI. It acts as a data-storage source, which not only performs data integration but also improves data representation using tools such as ontology and controlled vocabulary. The success rate of TBI is increasing patient trust, thereby increasing the adoption of HCM therapeutics.
Advent of genomic medicine
"Genomic medicine is an emerging field in healthcare, which uses gene related information of an individual to help physicians in making better diagnostic and therapeutic decisions. The Human Genome Project has greatly helped in understanding the genetic pathogenesis of a disease and improve the healthcare standardssays Sapna.
The Human Genome Project paved the way for 'personalized medicine,' which include genomics, epigenomics, and environmental exposure of data related to an individual, which will result in a more precise diagnosis and treatment of a disease. Based on recent discoveries, genomic medicine is expected to fuel the growth of the global HCM therapeutics market.
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