The Rare Neurological Disease Treatment Global Market Report 2023, provides comprehensive information on the rare neurological disease treatment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Rare Neurological Disease Treatment Market’s Growth:
The global rare neurological disease treatment market is expected to grow from $8.23 billion in 2022 to $8.98 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rare neurological disease treatment market is expected to reach $12.36 billion in 2027 at a CAGR of 8.3%.
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The development of orphan pharmaceuticals is a key trend gaining popularity in the rare neurological disease treatment market. Major companies operating in the rare neurological disease treatment sector are focused on developing innovative and specialized treatments to strengthen their position in the market. For instance, in April 2023, Orphalan SA, a French orphan drug development company, introduced Cuvrior, a novel trientine tetrahydrochloride (TETA-4HCl), in the European market. Cuvrior is now commercially available for treating adult patients with stable Wilson disease who have undergone copper reduction therapy and have shown tolerance to D-penicillamine. The drug received approval from the United States Food and Drug Administration (FDA) and was granted orphan drug exclusivity (ODE) in April 2022 for this specific patient population.
The rare neurological disease treatment market is segmented:
1) By Drug Type: Biologics, Small Molecules
2) By Therapy: Cognitive Behavioral Therapy, Interpersonal Psychotherapy, Cyberknife, Other Therapies
3) By Mode Of Administration: Oral, Injectable, Other Modes Of Administration
4) By Disorders: Aicardi Syndrome, Aicardi-Goutières Syndrome, Reflex Sympathetic Dystrophy Syndrome, Battaglia-Neri Syndrome, Creutzfeldt Jakob Disease, Agnosia, Other Disorders
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies And Drug Store, Online Pharmacies
North America was the largest region in the rare neurological disease treatment market in 2022.
The table of contents in TBRC’s rare neurological disease treatment market report includes:
- Executive Summary
- Rare Neurological Disease Treatment Market Characteristics
- Rare Neurological Disease Treatment Market Trends And Strategies
- Rare Neurological Disease Treatment Market – Macro Economic Scenario
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- Global Rare Neurological Disease Treatment Market Competitive Benchmarking
- Global Rare Neurological Disease Treatment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Rare Neurological Disease Treatment Market
- Rare Neurological Disease Treatment Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Pfizer Inc
- Johnson & Johnson Services Inc
- Hoffmann-La Roche Ltd
- Bayer AG
- Merck & Co. Inc
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