Nucleic Acid and Gene Therapies In Neuromuscular Disorders Market Analysis and Forecast 2023 to 2033
The global Nucleic Acid and Gene Therapies In Neuromuscular Disorders market size is expected to be valued at US$ 7.88 Billion in 2023. With the increasing high incidence of cancer and other target diseases, the overall demand for Nucleic Acid and Gene Therapies In Neuromuscular Disorders is projected to grow at a CAGR of 9.5% between 2023 and 2033, totaling around US$ 19.52 Billion by 2033.
The diagnosis of
neuromuscular disorders is performed through physical examination as well as
certain diagnostic tests. A physician runs a complete medical history
assessment to determine if any family member had previously had symptoms of
neuromuscular disorders, to assess the condition of a patient.
The global nucleic Acid
and Gene therapies in neuromuscular disorders market is driven by major factors
such as rise in government initiatives to ensure early diagnosis, an increase
in awareness about genetic disorders, an upsurge in research and development
activities, and improvement in healthcare infrastructure.
Factors including the
expanding investments by key market players, a strong product portfolio, as
well as a high prevalence of target diseases and interest in innovative and new
therapy are expected to escalate the market growth in the forthcoming years. In
addition, the increased investment in research and development by government
and private organizations are anticipated to further create lucrative avenues
for the market growth over the analysis period.
In recent years, the
rapid technological advancements in cellular and molecular biology in genomics research
are other factors that have been contributing greatly to the market growth. The
academicians, researchers, and in-house researchers of major market companies
with significant funding have all played critical roles.
Competitive
Landscape
Prominent players
in the Nucleic Acid and Gene Therapies In Neuromuscular Disorders market are Pfizer, Inc., F. Hoffmann-La Roche Ltd., UCB
Pharma, Biogen, Astellas Pharma, Inc., Novartis AG, Abbott Laboratories, Inc.,
and Sanofi, among others.
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Key
Segments Covered in the Nucleic Acid And Gene Therapies In Neuromuscular
Disorders Industry Analysis
Nucleic
Acid And Gene Therapies In Neuromuscular Disorders Market by Disorder:
- Motor
Neuron Diseases
- Neuropathies
- Neuromuscular
Junction Disorders
- Myopathies
including Muscular Dystrophies
Nucleic
Acid And Gene Therapies In Neuromuscular Disorders Market by Therapy:
- AAV
Gene Therapy
- Postnatal
Gene Therapy
- Spinal
Muscular Atrophy
Nucleic
Acid And Gene Therapies In Neuromuscular Disorders Market by Application
- Hospitals
- Specialty
Clinics
- Ambulatory
Surgery Centers
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