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Amyotrophic Lateral Sclerosis Treatment Market Analysis, Trend, Growth, Size, Share, Demand and Global Top Companies - Tanabe Pharma Corporation, BrainStorm Cell Limited, ViroMed Co., Ltd, Ionis Pharmaceuticals, Genervon Biopharmaceuticals, LLC, Biogen
The strategies encompassed in the credible Amyotrophic Lateral Sclerosis Treatment Market report mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market. This gives more accurate understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. The base year for calculation in the report is taken as 2019 whereas the historic year is 2018 which will tell how the Amyotrophic Lateral Sclerosis Treatment Market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are.Amyotrophic Lateral Sclerosis Treatment Market research report contains complete background analysis of industry, which includes an assessment of the parental market. All the statistical and numerical that has been forecasted in this business report is represented with the help of graphs, charts, or tables which makes this report more user friendly. The report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and porter's five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this large scale Amyotrophic Lateral Sclerosis Treatment Market report will surely help to a degree.
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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.
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.
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.
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Segmentation: Global Amyotrophic Lateral Sclerosis Treatment Market
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
Amyotrophic Lateral Sclerosis Treatment Market By Drug Type
Riluzole
Edaravone (Radicava)
Others
Amyotrophic Lateral Sclerosis Treatment Market By Distribution Channel
Hospital Pharmacies
Retail
Online Pharmacies
Amyotrophic Lateral Sclerosis Treatment Market By Treatment Type
Chemotherapy
Stem cell therapy
Others
Amyotrophic Lateral Sclerosis Treatment Market By End- User
Hospitals
Homecare
Specialty Clinics
Others
Amyotrophic Lateral Sclerosis Treatment Market By Geography
North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
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.
Amyotrophic Lateral Sclerosis Treatment 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.
Amyotrophic Lateral Sclerosis Treatment Market Restraints
Lack of skilled expertise in remote areas
Fewer Government initiatives taken in this direction.
Reasons to Purchase this Report
Current and future of global amyotrophic lateral sclerosis treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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