Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market Size and Share 2023 | Upcoming Trends, Development Status and in-Depth Analysis Research Report by 2028

Report Overview

The Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market size stood at around USD xx billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Neuromyelitis Optica Spectrum Disorder (NMOSD) is previously known as Devic Syndrome, a rare and devastating, autoimmune, inflammatory disorder of the central nervous system (CNS) characterized by severe axonal damage, primarily to the optic nerve and the spinal cord, sudden and unpredictable relapses, also known as attacks. Each relapse results in stepwise accumulation of disability, including blindness, paralysis, bowel and bladder dysfunction and sometimes leads to premature death. Uncontrolled complement activation triggered by anti-AQP4 auto antibodies is a major underlying mechanism of the disease.

The lowest incidence and prevalence of NMOSD were found in Australia as 0.7/100,000 persons. There was prominent female predominance in adults. The incidence and prevalence peaked in middle-aged adults. Variations in prevalence and incidence have been described among different geographic areas and ethnicities. Current research indicates thatneuromyelitis optica(NMO) patients have a 91% to 98% five-year survival rate. Greater than 95% of patients with NMOSD report no relatives with the disease, but approximately 3% report having other relatives with the condition. There is a strong association with a personal or family history of autoimmunity, which are present in 50% of cases.

Market Drivers

The expansion of the NMOSD market is attributed to emerging markets and large investments in research & development. The introduction of new therapeutics for the acute phase or prevention of Neuromyelitis Optica Spectrum Disorder presents a potential commercial potential.

The Neuromyelitis Optica Spectrum Disorder (NMOSD) market is majorly driven by the rise in incidence of Neuromyelitis Optica Spectrum Disorder (NMOSD). In addition, emergence of drugs used in the prevention of Neuromyelitis Optica Spectrum Disorder (NMOSD) and improvement in healthcare facilities are some of the impacting factors that drives the market growth.

Nevertheless, less trained expertise or technically skilled professionals coupled with high treatment cost significantly hinder the growth of this market.

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Top Major Players

The major key players operating in Australia Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market are Alexion Pharmaceuticals Inc., Hoffmann-La Roche Ltd, Pfizer Australia Pty Ltd, Arrow Pharma Pty Ltd, Medis Pharma Pty Ltd, and Sandoz Pty Ltd prevailing in the Australian market during the forecast period. Eculizumab, Inebilizumab, and Satralizumab are most commonly used to Neuromyelitis Optica Spectrum Disorder (NMOSD).

The Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market. This report explores all the key factors affecting the growth of the global Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Type:

Based on type, the NMOSD Therapeutics market is segregated into Neuromyelitis Optica Spectrum Disorder with aquaporin-4 antibodies and Neuromyelitis Optica Spectrum Disorder without aquaporin-4 antibodies.

By Therapeutics:

On the basis of therapeutics, the NMOSD Therapeutics market can be divided into C5 Protein Inhibitor, Monoclonal antibodies, Corticosteroids, Plasmapheresis and Immunoglobulin. In Australia, the Therapeutic Goods Administration (TGA) approved Soliris (eculizumab) as the first approved medical treatment for Neuromyelitis Optica Spectrum Disorder.

By Route of Administration:

Based on route of administration, the NMOSD Therapeutics market can be segmented into oral, parenteral and others. The parenteral witness the huge market growth potential during the forecast period. As Soliris admixture is administered by intravenous infusion over 35 minutes in adults and 1 to 4 hours in paediatric patients.

By Distribution Channels:

In terms of distribution channels, the NMOSD Therapeutics market has been segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment generated the highest revenue in 2020 and is anticipated to witness growth during the forecast period due to most of major products are prescription products, which is available in hospital pharmacies.

By End Users:

As per the end user, the NMOSD Therapeutics market has been segmented into hospitals, homecare, specialty centres and others. Hospital segment commands the largest market share in terms of value during the forecast period.

Top Major Players

The major key players operating in Australia Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market are Alexion Pharmaceuticals Inc., Hoffmann-La Roche Ltd, Pfizer Australia Pty Ltd, Arrow Pharma Pty Ltd, Medis Pharma Pty Ltd, and Sandoz Pty Ltd prevailing in the Australian market during the forecast period. Eculizumab, Inebilizumab, and Satralizumab are most commonly used to Neuromyelitis Optica Spectrum Disorder (NMOSD).

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market
Chapter 2: Exclusive Summary - the basic information of the Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics
Chapter 4: Presenting the Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Australian Neuromyelitis Optica Spectrum Disorder (NMOSD) Therapeutics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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