PUBLISHER: Allied Market Research | PRODUCT CODE: 1179735
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179735
Huntington's disease is a rare, genetic condition that results in progressive destruction of brain nerve cells. The rate at which symptoms appear can differ from person to person. For some people, motor skill changes come first, followed by depressive symptoms. Changes in mood and strange behavior are frequent early warning indicators. Functional capacities of a person are significantly impacted by Huntington's disease, which typically causes mobility, cognitive, and psychological issues. Medications are available to help manage symptoms of Huntington's disease. There is currently no authorized disease-modifying medication for patients with Huntington's disease.
Major factors that drive growth of the Huntington's disease treatment market is increase in prevalence population and rise in demand for advanced drug types for controlling symptoms associated with Huntington's. In addition, strong drug type pipeline is a key trend in the market, which is expected to fuel growth during the forecast period.
Significant surge in patient population is one of the leading factors in the market as rise in patient lead to increase in demand for drugs. For instance, according to a research paper published by BJM Journal, there is high prevalence of HD in the UK. Such high prevalence of HD requires more ingenuity and responsiveness in its care. Thus, such high number of cases are expected to boost the Huntington's disease treatment market growth.
In addition, surge in demand for advanced treatment such as gene therapy and stem cell therapy in the past decade drives the market growth. Furthermore, rise in R&D investments in drug discovery and development serves as an lucrative opportunity for the market growth. However, complications associated with drug development process expected to hamper the market growth.
The global Huntington's disease treatment market is segmented on the basis of drug type, age, distribution channel, and region. On the basis of drug type, the market is categorized into approved drugs and off-label drugs. The approved drug segment is further classified into tetrabenazine and deutetrabenazine. By age, the market is divided into below 50 years and above 50 years. By distribution channel, it is segmented into hospital pharmacies, drug store & retail pharmacies, and online pharmacies. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and Latin America, the Middle East, and Africa (LAMEA).
Major players profiled in the report are Annexon Biosciences, Bausch Health Companies Inc, Dr.Reddy's Laboratories Ltd, Eli Lilly And Company, Hikma Pharmaceuticals PLC, Lupin, Medesis pharma SA, Mitochon Pharmaceuticals, Neurocrine bioscience Inc., Novartis, PTC Therapeutics, Inc, SOM Biotech, Sun Pharmaceuticals, Teva Pharmaceuticals Industries Ltd., UniQure, and Vaccinex, Inc.
Key Benefits For Stakeholders
By Drug type
By Age
By Distribution channel
By Region