Guillain-Barre Syndrome Drugs market is expected to reach USD 839.8 million by 2030 : Cognitive Market Research

Market Overview:
• What is a Guillain-Barre Syndrome Drug?
Guillain-Barre syndrome (GBS) is a rare autoimmune disorder that affects the peripheral nervous system, leading to muscle weakness, tingling sensations, and even paralysis. There is no known cure for GBS, but treatments are available to help manage the symptoms and speed up recovery. Intravenous immunoglobulin (IVIg) is the most common treatment for GBS. IVIg is a blood product that contains high levels of immunoglobulin G (IgG) antibodies, which help to block the harmful antibodies that attack the peripheral nerves. IVIg is usually administered in high doses for several days.

Summary:
- The Guillain-Barre Syndrome Drugs market is expected to grow from USD 610.1 million in 2022 to USD 839.8 million by 2030, at a CAGR of 5.2%.

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Market Dynamics:
• Rising incidences and awareness of Guillain-barre syndrome drive the demand for the Guillain-barre syndrome drug market
The incidence of GBS is increasing globally due to factors such as aging populations, viral outbreaks, and exposure to toxins. Greater awareness of GBS and its symptoms, coupled with advances in diagnostic techniques, is leading to increased diagnosis of the condition, which in turn is driving the demand for GBS drugs. Rising healthcare expenditure in developed and developing countries is enabling patients to access GBS drugs and treatments that were previously out of reach.
• Lack of disease identification and high cost of treatment acts as a restraint of the Guillain-barre syndrome drug market
Despite ongoing research, there is still much that is not understood about the causes and mechanisms of GBS, which makes it challenging to develop effective treatments. GBS drugs can be expensive, and this can be a major barrier to accessing treatment for many patients, particularly in low-income countries.
• The development of new treatments will drive the Guillain-barre syndrome drug market growth
There is a significant opportunity for drug manufacturers to develop new and innovative treatments for GBS, particularly those that target specific pathways or mechanisms of the disease. There is significant potential for growth in emerging markets, particularly in Asia-Pacific and Latin America, where there is a high incidence of GBS and increasing healthcare expenditure.

Guillain-Barre Syndrome Drug Market Segmentation:
Type
• Coversin
• Immune Globulin
• Others

Application
• Clinic
• Hospital
• Others

The Major Players in Guillain-Barre Syndrome Drugs Market are:
Akari Therapeutics Plc, Annexon Inc, CuraVac Inc, Hansa Medical AB, Regenesance BV, Vitality Biopharma Inc

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News
- In February 2023
The Food and Drug Administration sees a possible risk of Guillain-Barre syndrome with Pfizer's RSV vaccine for older adults and has asked the company to conduct a safety study if the shot is approved this spring, according to agency briefing documents published Friday.

Regional Analysis:
- North America dominates the Guillain-Barre Syndrome Drug Market
Geographically, the global guillain-barre syndrome drug market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. The North American regions currently have the highest market share in the global Guillain-Barre Syndrome (GBS) drug market. This is due to factors such as a high incidence of GBS in these regions, strong healthcare infrastructure, and a high level of awareness and diagnosis of the condition.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Guillain Barre Syndrome Drugs Market
Chapter 4 Global Guillain Barre Syndrome Drugs Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Guillain Barre Syndrome Drugs Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Guillain Barre Syndrome Drugs Industry Mergers and Acquisition Analysis
• 5.3 Global Guillain Barre Syndrome Drugs New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Guillain Barre Syndrome Drugs Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
• 6.1 Overall Company's Disclosure Score
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Guillain Barre Syndrome Drugs Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Guillain Barre Syndrome Drugs Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Guillain Barre Syndrome Drugs Market Regional Analysis
Chapter 12 North America Guillain Barre Syndrome Drugs Market Outlook (2018 - 2030)
Chapter 13 Europe Guillain Barre Syndrome Drugs Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Guillain Barre Syndrome Drugs Market Outlook (2018 - 2030)
Chapter 15 Latin America Guillain Barre Syndrome Drugs Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Guillain Barre Syndrome Drugs Market Outlook (2018 - 2030)
Chapter 17 Research Findings
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