Press Release

Spinal Muscular Atrophy Treatment Market | 2020 Top Leading Countries, Companies, Consumption, Drivers, Regional Trends, Forces Analysis, Revenue, Challenges and 2026 Global Forecast

Spinal Muscular Atrophy Treatment Market 2020: Global Top Leading Countries Companies Drivers, Consumption, Trends, Revenue, Forces Analysis, Challenges and Global Forecast 2026

The global “spinal muscular atrophy market” is set to rise on account of increasing advancements in technology for treating the disease. Key market insights have been shared by Fortune Business Insights in its report, titled “Spinal Muscular Atrophy Treatment Market Size, Share And Global Trend By Type (Type I, Type II, Type III, Type IV), By Treatment Type (Gene Therapy, Drugs Therapy), By End User (Hospitals, Clinics, Ambulatory Surgery Centers, Others), And Geography Forecast Till 2026”. The report provides a comprehensive market analysis and a holistic evaluation of the major factors that will influence market growth.

For more information in the analysis of this report, visit:https://www.fortunebusinessinsights.com/industry-reports/spinal-muscular-atrophy-treatment-market-100576

Spinal muscular atrophy (SMA) is an inherited disorder that leads to disintegration of motor neurons in the spinal cord. Motor neurons are responsible for transmitting nerve impulses from the brain to the spinal cord; the peripheral nerves then transmit the message to the muscles. Once the motor neurons start failing, muscles get progressively weaker and begin to atrophy (muscle loss), making the condition permanent and irreversible. Muscle atrophy mainly affects proximal muscles such as shoulders and hips.

some of the key players in the global Spinal Muscular Atrophy Market:

  • Ionis Pharmaceuticals
  • Pfizer Inc.
  • Biogen
  • Boehringer Ingelheim International GmbH
  • Hoffmann-La Roche Ltd.
  • AveXis, Inc.
  • Novartis AG
  • CYTOKINETICS, INC.
  • REGENERON PHARMACEUTICALS, INC.

Rising Treatment Concerns to Boost the Market

Since spinal muscular atrophy is a permanent and incurable medical affliction, there are growing concerns regarding choosing the most appropriate treatment method for the disease. The choice of treatment is crucial as it will determine how much of the patient’s pain and discomfort can be alleviated. This is expected to boost the global spinal muscular atrophy market growth during the forecast period as newer treatments and technologies get developed.

North America to Hold a Dominant Market Share

Owing to a robust healthcare infrastructure and increasing investments in research and development, North America is set to occupy a commanding market position. The region will also widen the global spinal muscular atrophy market size on account of higher genetic probability of the population acquiring SMA. Asia-Pacific is also expected to grow rapidly with rising prevalence of SMA and demand for better treatments for the disease.

Browse Summary for this report:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/spinal-muscular-atrophy-treatment-market-100576

Improved Diagnostic Techniques to Broaden the Market Base

Currently, doctors use conventional diagnostic methods, such as CT and MRI scans muscle tissue biopsy, to detect the development and progression of the disease in a child. Greater investment in research by companies and organizations to make diagnosis more pinpoint will aid the global spinal muscular atrophy market expansion till 2026.

Moreover, there is growing concern regarding detection of the type of SMA, particularly in case of Type 1 SMA which is the severest of all types. Most children having this type of SMA do not live past 2 years of age due to weak lung muscles. As a result, the Type 1 SMA market segment is expected to grow rapidly as the type becomes more prevalent.

Segmentation:

By Type

  • Type I
  • Type II
  • Type III
  • Type IV

By Treatment Type

  • Gene Therapy
  • Drugs Therapy

By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centres
  • Others

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Intense Research and Innovation to Drive Market Competition

Competition in the global spinal muscular atrophy market is expected to intensify as companies look to launch innovative products and increase market share through acquisitions. For example, the Swiss pharma multinational, Novartis, acquired the US-based AveXis in 2018 to entrench its position in the gene therapy market for treating spinal muscular atrophy. In July 2019, Biogen released results of its NURTURE study of SMA patients which revealed that patients treated with SPINRAZA showed continuous improvement in their motor functions. Such studies will encourage more companies to invest in research and development.

Some of the key players in the global spinal muscular atrophy market, as identified by Fortune Business Insights, include Hoffman-Le Roche Ltd., CYTOKINETICS, Ionis Pharmaceuticals, Biogen, Novartis, and a few others.

More Trending Topics from Fortune Business Insights:

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

Clear Aligners Market 2020: Industry Size, Share, Growth, Trends |Forecast To 2026

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Spinal Muscular Atrophy Market. Please visit: https://www.fortunebusinessinsights.com/industry-reports/spinal-muscular-atrophy-treatment-market-100576

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close