Motor Neuron Disease Treatment Market Analysis

  • Report ID: 3781
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Motor Neuron Disease Treatment Market Analysis

End-user (Multidisciplinary Clinics, Hospitals, Social Work Facilities)

The global motor neuron disease treatment market is segmented and analyzed for demand and supply by end user into multidisciplinary clinics, hospitals, social work facilities, and others. Out of the four types of applications, the hospitals segment is estimated to gain the largest market share of about 35% in the year 2036. The growth of the segment can be accredited to the large number of patients requiring treatment for motor neuron conditions. The hospitals are also growing rapidly in number, which is estimated to positively influence the segmental growth. For instance, by the year 2022 there was noted to be approximately 6,100 hospitals in the United States. Hospitals provide a wide range of medical care. Physicians, called hospital doctors, typically specialize in internal medicine, pediatrics, or general practice. They have the knowledge to solve common problems and the resources to solve more complex medical problems. Hospitals may also offer specialized care, such as neurology, obstetrics and gynecology, and oncology.

Drug Class (Riluzole, Edaravone)

The global motor neuron disease treatment market is also segmented and analyzed for demand and supply by drug class into riluzole, and edaravone. Amongst these two segments, the edaravone segment is expected to garner a significant share of around 30% in the year 2036. In clinical trials, riluzole appears to prolong life in the early stages of ALS, whereas edaravone only appears to slow the progression of symptoms. According to a JAMA Neurology study published online January 10, 2022, edaravone is well tolerated as an add-on therapy to riluzole, but has additional clinical implications for patients with amyotrophic lateral sclerosis (ALS). Exservan (riluzole) and Radicava (edaravone injection) are used to treat amyotrophic lateral sclerosis (ALS). Exservan and Radicava belong to different drug classes. Exservan is in the benzothiazole class of drugs and Radicava is a central nervous system drug. Increased incidence of amyotrophic lateral sclerosis (ALS) is anticipated to boost the segmental growth. According to a study published in the Centers for Disease Control and Prevention, approximately 15,000 people were diagnosed with ALS in the United States in the year 2019, and the ALS prevalence was 4.9 per 100,000 people in 2015.

Our in-depth analysis of the global market includes the following segments:

         By End User

  • Multidisciplinary Clinics
  • Hospitals
  • Social Work Facilities
  • Others

 

   

       By Drug Class

  • Riluzole
  • Edaravone
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3781
  • Published Date: Jul 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of motor neuron disease treatment is assessed at USD 10 Billion.

The motor neuron disease treatment market size was valued at USD 9.51 Billion in 2023 and is poised to reach USD 19.56 Billion by the end of 2036, expanding at around 5.7% CAGR during the forecast period i.e., between 2024-2036. Increasing incidences of chronic diseases globally and growing levels of awareness about motor neuron diseases are the major factors driving the market growth.

Asia Pacific is predicted to dominate majority industry share of about 35% by 2036, attributed to large number of patients and an increase in government support to strengthen the medical infrastructure in the region.

European Technologies Inc., Conscientia Industrial Co., Ltd, CSNpharm, Inc., Aozeal Certified Standards (AOCS), Inc., Finetech Industry Limited, Skyrun Industrial Co., Ltd., Santa Cruz Biotechnology, Inc., Amadis Chemical Company Limited, Mitsubishi Tanabe America, Inc., Aquesituve Therapeutics
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