Amyotrophic Lateral Sclerosis Treatment Market to Reflect Significant Growth During 2020-2026: Sanofi, Mitsubishi Tanabe Pharma Corporation, BrainStorm Cell Limited

Global Amyotrophic Lateral Sclerosis Treatment Market report is an important manuscript for every market enthusiast, policymaker, investor, and market player. The market research and analysis conducted in this report assist clients in forecasting the investment in an emerging market, growth of market share or success of a new product.

In addition, Amyotrophic Lateral Sclerosis Treatment Market report endows with a delegate overview of the market where it identifies industry trends, determines brand awareness, potency and insights and provides competitive intelligence. The report contains strong and weak points of the competitors and analysis of their strategies with respect to the product and Pharmaceutical industry. This is the most established tool and hence used widely to generate market research report.

Global amyotrophic lateral sclerosis treatment market is expected to rise gradually to an estimated value of USD 3.6 billion by 2026, registering a CAGR of 21.6% in the forecast period of 2019-2026 with the annual sales of USD 0.75 billion in the year of 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients.

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Few of the major competitors currently working in the amyotrophic lateral sclerosis treatment market are Sanofi (France), Mitsubishi Tanabe Pharma Corporation (Japan), BrainStorm Cell Limited (US), ViroMed Co., Ltd (South Korea), Ionis Pharmaceuticals (US), Genervon Biopharmaceuticals, LLC (US), Biogen (US), ORPHAZYME A/S (Denmark), Orion Pharma (Finland), Kringle Pharma, Inc. (Japan), Aquestive Therapeutics (US), Apotex Inc (Canada), Bausch Health Companies Inc. (Canada), Neuralstem, Inc. (US), Implicit Bioscience (Australia), F. Hoffmann-La Roche Ltd (Switzerland), TREEWAY (Netherlands), CYTOKINETICS, INC. (US), AB Science (France), Advanz Pharmaceutical® (Canada) and few among others.

Market Definition: Global Amyotrophic Lateral Sclerosis Treatment Market

Amyotrophic lateral sclerosis (ALS) is a neurodegenerative disease, also known as motor neuron disease (MND) and Lou Gehrig's disease that affects nerve cells (motor neurons) of brain, brain stem and spinal cord that controls voluntary muscles. This disease is progressive in nature.

According to Centers for Disease Control and Prevention, there were approximately 14,000 - 15,000 people in US in 2016 having ALS, almost more than half of these cases could have been avoided with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.

Market Drivers

Increase in the treatment awareness.
Rise in incidence cases of ALS and increasing geriatric population is expected to drive the growth of the market.
Expected launch of novel medicines would drive the growth of ALS treatment market.
Market Restraints

Lack of skilled expertise in remote areas
Fewer Government initiatives taken in this direction.

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Segmentation: Global Amyotrophic Lateral Sclerosis Treatment Market

By Disease Type

Benign Focal Amyotrophy of ALS
Infantile Spinal Muscular Atrophy
Juvenile Spinal Muscular Atrophy
Kugelberg-Welander Disease
Primary Lateral Sclerosis
Progressive Bulbar Palsy
Spinal Muscular Atrophy
Upper Motor Neuron Disease
Werdnig-Hoffman Disease
Wohlfart-Disease

By Drug Type

Riluzole
Edaravone (Radicava)
Others
By Distribution Channel

Hospital Pharmacies
Retail
Online Pharmacies

By Treatment Type

Chemotherapy
Stem cell therapy
Others

By End- User

Hospitals
Homecare
Specialty Clinics
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Market:

By 3rd January 2018, Sangamo Therapeutics, Inc. and Pfizer Inc. has announced a collaboration for the development of zinc finger protein transcription factors (ZFP-TFs), a gene therapy to treat amyotrophic lateral sclerosis (ALS) and frontotemporal lobar degeneration (FTLD) linked to mutations of the C9ORF72 gene. This will help in development of product portfolio for the particular therapeutic area.

On 4th December 2017, Takeda announced research collaboration with Montreal Neurological Insititute (MNI), for exploring new treatment alternatives for the treatment of indication ALS. This partnership will help the company for developing innovative product and become market leader.

Competitive Analysis:

Global amyotrophic lateral sclerosis treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of amyotrophic lateral sclerosis treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Table of Content: Global Amyotrophic Lateral Sclerosis Treatment Market

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Amyotrophic Lateral Sclerosis Treatment Market Landscape

Part 04: Global Amyotrophic Lateral Sclerosis Treatment Market Sizing

Part 05: Global Amyotrophic Lateral Sclerosis Treatment Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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