Global Down syndrome market Overview With Detailed Analysis, Competitive Landscape, Forecast 2026 || OPKO Health, Inc., LuMind IDSC Foundation, MIT Alana Center, H. Lundbeck A/S, AC Immune
Global Down syndrome market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. The high prevalence of Down syndrome, increasing governmental funding for development of novel therapies and rising awareness about the disease are the major drivers for the market growth.
Key Market Players:
Few of the major competitors currently working in the global down syndrome market are OPKO Health, Inc., LuMind IDSC Foundation, MIT Alana Center, H. Lundbeck A/S, AC Immune, Advocate Health Care, Inc., Annovis Bio, Inc., ManRos Therapeutics, Pfizer Inc., Eisai Co., Ltd., Balance Therapeutics, Bayer AG, Genentech, Inc., Promega Corporation, Johnson & Johnson Services, Inc., Lonza, ALLERGAN, Cognition Therapeutics, Inc., Zynerba Pharmaceuticals, Inc., ProMIS Neurosciences, Ligand Pharmaceuticals Incorporated among others.
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Global Down syndrome 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 global Down syndrome market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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The Objective of This Report:
The Down Syndrome Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the Down Syndrome Market. The report focuses on well-known providers in the Down Syndrome Market industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the Down Syndrome Market Industry will develop is also analyzed in detail in this report.
Global Down Syndrome Market By Disease Type (Trisomy 21, Translocation Down Syndrome, Mosaic Down Syndrome, Others), Test Type (Screening Tests, Diagnostic Tests, Others), Route of Administration (Oral, Injectable and Others), End Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Definition: Global Down Syndrome Market
Down syndrome is also known as trisomy 21. It is a genetic disorder characterized by lifelong mental retardation, poor muscle tone and muscular hypotonia. There are several symptoms observed in children with Down Syndrome which includes larger tongue, poor muscle tone, short fingers, small facial features among others.
The incidence of Down syndrome is estimated to be 1 case in 800 live births. The increase of life span in past few decades has resulted in the high prevalence rate of Down syndrome
Table of Contents:
Middle East & Africa
High prevalence rate of down syndrome and other related disorders are major drivers for the market growth
Introduction of novel therapies and enhancing research and development for the treatment and management of down syndrome acts as a market driver in the forecast period
Increasing investments form government for drug development and advanced diagnostic procedures for down syndrome will also boost the market growth
Rising awareness about the disease and its complications drives the market growth
Unavailability of any specific treatment is one of the major factor that can hamper the growth of this market
Stringent regulatory approval for new drugs can also restrict the market growth
Side effects associated with Down syndrome treatment therapies will hinder the growth of this market
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Key Developments in the Market:
In September 2019, the National Institutes of Health (NIH) awarded a grant of approximately USD35 million to its research and development project to conduct an advanced research on Down syndrome. This project of NIH is called the Investigation of Co-occurring Conditions Across the Lifespan to Understand Down Syndrome (INCLUDE) project. The main purpose of this project is to investigate the critical health conditions and needs of people suffering from Down syndrome. Additionally, the research will also focus on co-occurring conditions with people who are not suffering from Down syndrome
In August 2016, OPKO Health, Inc. announced acquisition of Transition Therapeutics, Inc. The acquisition includes ELND005, a CNS drug candidate used for treatment of patients with Down syndrome and Alzheimer's disease. The purpose of this deal was to acquire the business and pipeline drugs of Transition Therapeutics, Inc. This acquisition gives the right to develop and commercialize the drug product in order to benefit the business development
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Insights of the Market in Report
1. The study provides an in-depth analysis of the Down Syndrome Market along with the current trends and future estimations to elucidate the imminent investment pockets.
2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
3. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2025 to assist stakeholders to capitalize on the prevailing market opportunities.
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of Down Syndrome Market across Glob.
5. Key market players and their strategies have been provided to understand the competitive outlook of the Down Syndrome Market industry
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