Amyotrophic Lateral Sclerosis Market Trends, Strategies, And Opportunities In The Market 2022-2030
Market Scope
Market Research Future (MRFR) The Amyotrophic Lateral Sclerosis Market is
expected to reach USD 1.08 billion at 6.10% CAGR during the forecast period
2022-2030
Major Boosters & Deterrents
The amyotrophic lateral sclerosis industry will
benefit from the mounting demand for innovative IT solutions that facilitate efficient
value-based healthcare delivery. Massive investments in the upgradation of healthcare
infrastructure, and the rampant requirement for effective disease management could
have a remarkable impact on the worldwide market in subsequent years. A vital growth
inducing factor can be the alarming surge in ASL cases worldwide, bolstering
the need for advanced treatments as well as drugs.
Large-scale R&D expenditure for better quality
drugs and treatments combined with the fast- expanding medical tourism industry
in developing countries like India will offer attractive opportunities to the
vendors operating in the global industry. The surge in government involvement
in the field in terms of funding and new initiatives could further enhance the
industry share in the following years.
Market Segmentation
Type, treatment type, and end-users are the
key segments considered in the amyotrophic lateral sclerosis market study.
Amyotrophic lateral sclerosis types covered
in the extensive study are sporadic as well as familial. Over the analysis
timeframe, the global market will be led by sporadic ALS, or SALS.
In the amyotrophic lateral sclerosis industry,
the types of treatment include physical therapy, medication, speech therapy,
respiratory therapy, and more. Out of these treatments, the lead has been
achieved by the medication segment in the market.
End-users in the amyotrophic lateral
sclerosis industry are research & academic institutions, specialty centers,
hospitals, and others. Hospitals form the biggest segment, says MRFR.
Regional Status
MRFR projects the American
market to reign over the worldwide market for amyotrophic lateral sclerosis,
thanks to the rapidly surging awareness about the condition and the rise in hypertension
cases. Substantial healthcare spending, supportive reimbursement policies, escalating
demand for novel ALS drugs, and well-developed healthcare infrastructure foster
the market size to a large extent. Numerous initiatives are being set up by the
government, several authoritative bodies as well as the Collaborative ALS Drug
Discovery Initiative, focused on fast-tracking the development of treatments
and drugs.
The amyotrophic lateral sclerosis
industry in Europe has secured the second position, resulting from the highly
developed healthcare sector and a well-established infrastructure. Many of the
healthcare organizations are focused on setting up research centers for ALS,
spending considerably to foster their efforts in the field. Online
pharmacies have gained a lot of prominence in the region, in view of the
mounting popularity of various eCommerce channels that provide extensive lines
of medicines as well as drug information.
Top Firms
ITF Pharma (U.S.), Ascend Pharmaceuticals
LLC (U.S.), Biogen (U.S.), Ionis Pharmaceutical (U.S.), Mylan N.V. (U.S.), Sun
Pharmaceutical (India), Sanofi (France), Apotex Inc. (Canada), Mitsubishi
Tanabe Pharma America (U.S.), Covis Pharma (Switzerland) are the major Amyotrophic Lateral Sclerosis Market
Players developers
outlined in the report. Asia Pacific will be the most rapidly expanding market
in the future, as the number of generic drug manufacturers continues to soar in
the region, particularly in China and India. The regional industry further
benefits from the rise in R&D spending by the healthcare industry, surge in
unmet medical requirements, and promising efforts by the local manufacturers to
promote their brands.
Latest Updates
·
December
2021
BrainStorm
Cell Therapeutics Inc., a well-known manufacturer of cellular therapies focused
on neurodegenerative diseases, has joined hands with Catalent, a world-renowned
name in the cell, biopharma, gene and consumer health space, for the technology
transfer of the NurOwn production at Catalent's unit. BrainStorm-owned NurOwn
is a nautologous cellular therapy that could help treat amyotrophic lateral
sclerosis (ALS), along with progressive multiple sclerosis (PMS) and various
neurodegenerative disorders.
·
December
2021
Amydis confirms
its intention to start with a clinical study in 2022 to assess the potential of
its small molecule tracer for the detection of toxic TDP-43 clumps, amyotrophic
lateral sclerosis’ hallmark, present in the retina.
Periodontal Therapeutic Market Research
Report – Forecast to 2027
Smart Pills Market Research Report -
Forecast to 2027
About Market Research Future:
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting
Services. MRFR team have supreme objective to provide the optimum quality
market research and intelligence services to our clients. Our market research
studies by Components, Application, Logistics and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important
questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Comments
Post a Comment