openPR Logo
Press release

Charting a Prosperous Path: PPMS Treatment Market to Achieve Over US$ 3.2 Billion by 2031

08-18-2023 04:08 PM CET | Health & Medicine

Press release from: Transparency Market Research

The global primary progressive multiple sclerosis (PPMS) treatment market has witnessed substantial growth in recent years, with projections indicating a promising outlook for the future. Characterized by the progressive deterioration of nerve cells' protective covering, PPMS presents unique challenges that require innovative solutions. This article delves into the key drivers, trends, players, and future prospects of the PPMS treatment market.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฎ๐˜ (๐—จ๐˜€๐—ฒ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐— ๐—ฎ๐—ถ๐—น ๐—œ๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐—ค๐˜‚๐—ถ๐—ฐ๐—ธ ๐—ฅ๐—ฒ๐˜€๐—ฝ๐—ผ๐—ป๐˜€๐—ฒ) -

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85270&utm_source=OpenPR_Ajay&utm_medium=OpenPR

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„

In 2021, the PPMS treatment market was valued at US$ 828.4 million, and it is projected to exhibit a remarkable Compound Annual Growth Rate (CAGR) of 14.7% from 2022 to 2031. This growth can be attributed to various factors, including the rise in the geriatric population and the increasing prevalence of PPMS across the globe. Governments of both developed and developing countries are actively promoting awareness of available treatment options for multiple sclerosis, thereby contributing to market expansion.

๐—ž๐—ฒ๐˜† ๐—™๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต

Prevalence of PPMS: The prevalence of PPMS has been steadily increasing, affecting both men and women. In 2020, the National Multiple Sclerosis Society reported that approximately 2.8 million individuals were living with multiple sclerosis globally. This surge in cases drives the demand for effective drugs and medical interventions, propelling market growth.

Healthcare Expenditure: The continuous rise in healthcare expenditure, coupled with improved healthcare infrastructure, plays a vital role in expanding the PPMS treatment market. Various public and private organizations are actively promoting awareness about multiple sclerosis, thereby driving the industry forward.

Research and Development: Major players in the market are heavily investing in research and development activities to develop innovative drugs. While Roche's OCREVUS is currently available, ongoing R&D efforts aim to create more effective treatments. Numerous drugs are in clinical development, with some in advanced phases, hinting at the potential for breakthroughs in the near future.

๐—•๐˜‚๐˜† ๐˜๐—ต๐—ถ๐˜€ ๐—ฃ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜‚๐—บ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ | ๐—œ๐—บ๐—บ๐—ฒ๐—ฑ๐—ถ๐—ฎ๐˜๐—ฒ ๐——๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—”๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐˜ -

https://www.transparencymarketresearch.com/checkout.php?rep_id=85270<ype=S&utm_source=OpenPR_Ajay&utm_medium=OpenPR

๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น๐˜€

The PPMS treatment market is segmented into approved drugs and pipeline drugs based on drug type. Currently, Roche's OCREVUS dominates the approved drugs segment, while over 15 drugs are in various stages of clinical trials, suggesting a vibrant pipeline segment.

In terms of distribution channels, retail pharmacies lead the way due to favorable health reimbursement policies. The growth of online platforms in the pharmaceutical sector has also led to an upsurge in online distribution, making e-commerce a rapidly growing channel.

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ

North America holds a significant market share, driven by a high prevalence of PPMS in the United States and a growing demand for therapeutic drugs. Asia Pacific, particularly India and China, is poised to register the highest CAGR during the forecast period due to an increasing awareness of PPMS treatment options and improving healthcare infrastructure.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฎ๐˜ -

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=85270&utm_source=OpenPR_Ajay&utm_medium=OpenPR

๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜๐˜€

Prominent players in the PPMS treatment market include F. Hoffmann-La Roche Ltd., Sanofi, Mapi Pharma Ltd., Atara Biotherapeutics, Takeda Pharmaceuticals International, Inc., AB Science, and Mallinckrodt. These companies are actively engaged in research, development, and clinical trials to enhance the quality of life for PPMS patients.

๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐˜€

The PPMS treatment market's future is characterized by innovation and a focus on improving patients' lives. Ongoing research, emphasis on R&D activities, and a growing array of pipeline drugs indicate a promising path forward. The collaborative efforts of organizations like the International Progressive MS Alliance exemplify the dedication to finding effective treatments for PPMS and enhancing patients' quality of life.

๐— ๐—ผ๐—ฟ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐˜€ ๐—ฏ๐˜† ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต -

Amniotic Membrane Market

https://www.globenewswire.com/en/news-release/2022/08/08/2494153/0/en/Amniotic-Membrane-Market-Attracts-Notable-Business-Avenues-with-Rising-Prevalence-of-ophthalmic-disorders-Says-TMR-Review.html

Joint Pain Injections Market

https://www.globenewswire.com/en/news-release/2022/08/08/2494104/0/en/Joint-Pain-Injections-Market-Expands-due-to-Rising-Prevalence-of-Knee-related-Diseases-States-TMR-Study.html

About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, providesย custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contactย Us

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Charting a Prosperous Path: PPMS Treatment Market to Achieve Over US$ 3.2 Billion by 2031 here

News-ID: 3171399 • Views: โ€ฆ

More Releases from Transparency Market Research

Global Microreactors (Flow Reactors) Market Poised for Strong Growth, Reaching USD 2.3 Billion by 2035 | Transparency Market Research
Global Microreactors (Flow Reactors) Market Poised for Strong Growth, Reaching U โ€ฆ
The global Microreactors (Flow Reactors) Market is entering a phase of sustained expansion, supported by accelerating demand from pharmaceuticals, fine chemicals, and specialty manufacturing industries. Valued at US$ 0.8 Billion in 2024, the market is projected to reach US$ 2.3 Billion by 2035, registering a robust compound annual growth rate (CAGR) of 9.5% from 2025 to 2035. Microreactors also referred to as flow reactors are increasingly being recognized as a transformativeโ€ฆ
Current Sensor Market Outlook 2035: Strong Investment Opportunities as Global Revenue Crosses US$ 8.4 Billion
Current Sensor Market Outlook 2035: Strong Investment Opportunities as Global Re โ€ฆ
The global current sensor market was valued at US$ 2.8 Bn in 2024 and is projected to reach US$ 8.4 Bn by 2035, expanding at a robust CAGR of 10.1% from 2025 to 2035. This strong growth trajectory reflects the accelerating pace of electrification across automotive, industrial, energy, and consumer electronics sectors. As electrical systems become more complex, compact, and power-dense, the need for accurate, reliable, and fast current measurementโ€ฆ
Pet Cooling Mats Market to be Worth USD 84.6 Mn by 2035 - By Pet Type / By Cooling Technology | U.S. โ€ข Canada โ€ข Germany โ€ข China โ€ข India
Pet Cooling Mats Market to be Worth USD 84.6 Mn by 2035 - By Pet Type / By Cooli โ€ฆ
The global Pet Cooling Mats Market is witnessing robust growth as pet owners increasingly prioritize comfort, wellness, and heat protection for companion animals. Valued at US$ 30.4 Mn in 2024, the market is projected to reach US$ 84.6 Mn by 2035, expanding at a strong CAGR of 9.9% from 2025 to 2035. This growth trajectory reflects the convergence of rising pet ownership, humanization of pets, heightened awareness of heat-related petโ€ฆ
Biodegradable Glitter Market Outlook 2035: Sustainable Sparkle Industry Growing from US$ 106.0 Mn to US$ 295.0 Mn by 2035 at 9.6% CAGR
Biodegradable Glitter Market Outlook 2035: Sustainable Sparkle Industry Growing โ€ฆ
The global biodegradable glitter market is witnessing strong growth momentum as sustainability becomes a core focus across cosmetics, personal care, fashion, crafts, and event deฬcor industries. Valued at US$ 106.0 million in 2024, the market is projected to reach US$ 295.0 million by 2035, expanding at a robust CAGR of 9.6% from 2025 to 2035. This rapid expansion reflects rising environmental awareness, regulatory pressure against microplastics, and growing consumer preferenceโ€ฆ

All 5 Releases


More Releases for PPMS

Primary Progressive Multiple Sclerosis (PPMS) Market Set for Strong Expansion Th โ€ฆ
The global Primary Progressive Multiple Sclerosis (PPMS) market is entering a new growth phase as disease-modifying therapies gain wider adoption and unmet treatment needs continue to rise. With innovation accelerating and diagnosis rates improving, the PPMS market is projected to show stable long-term expansion through 2034. Download Full PDF Sample Copy of Market Report https://exactitudeconsultancy.com/request-sample/72071 1. Keyword Definition - Primary Progressive Multiple Sclerosis (PPMS) Primary Progressive Multiple Sclerosis (PPMS) is a rare andโ€ฆ
Primary Progressive Multiple Sclerosis (PPMS) Market is expected to reach USD 6. โ€ฆ
Primary progressive multiple sclerosis (PPMS) is a debilitating neurological disorder that represents approximately 10-15% of all multiple sclerosis (MS) cases. Unlike relapsing-remitting MS (RRMS), which is characterized by relapses followed by partial recovery, PPMS involves a steady progression of disability without distinct relapses. Symptoms include muscle weakness, gait difficulties, spasticity, fatigue, and cognitive decline, significantly impacting quality of life. Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/72071 Until recently, treatmentโ€ฆ
Emerging Trends to Drive Primary Progressive Multiple Sclerosis (PPMS) Treatment โ€ฆ
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Primary Progressive Multiple Sclerosis (PPMS) Treatment Market Size Growth Forecast: What to Expect by 2025? The market size for the treatment of primary progressive multiple sclerosis (ppms) has seen significant expansion in recent years. It is set to increase from $1.02 billion in 2024 to $1.16 billion in 2025,โ€ฆ
Physical Property Measurement System (PPMS) Market 2023- 2029 Global Insights by โ€ฆ
The Physical Property Measurement System (PPMS) market refers to the industry involved in the manufacturing, distribution, and sale of PPMS instruments and related services. PPMS is a sophisticated laboratory instrument used to measure various physical properties of materials at extremely low temperatures, high magnetic fields, and under different environmental conditions. PPMS instruments are widely used in scientific research and development, particularly in fields such as materials science, condensed matter physics, chemistry,โ€ฆ
Primary Progressive Multiple Sclerosis Market Size, Share, Epidemiology, Drugs, โ€ฆ
DelveInsight's "Primary Progressive Multiple Sclerosis (PPMS) - Market Insights, Epidemiology, and Market Forecast-2032" report delivers an in-depth understanding of the Primary Progressive Multiple Sclerosis (PPMS), historical and forecasted epidemiology as well as the Primary Progressive Multiple Sclerosis (PPMS) market trends in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. To know more about Primary Progressive Multiple Sclerosis, Click here: https://www.delveinsight.com/report-store/primary-progressive-multiple-sclerosis-ppms-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=apr Some facts of the Primary Progressive Multipleโ€ฆ
Multiple Sclerosis Market - Opportunity Analysis & Industry Forecast, 2017-2023
Multiple sclerosis (MS) is an inflammatory disease of nervous system, which is also referred as disseminated sclerosis. Multiple sclerosis is progressed with disruption spinal cord and brain nerve cells, which results in loss of ability of the parts of the nervous system to communicate including various other mental, physical and psychiatric problems. Primary progressive multiple sclerosis (PPMS) is the type of multiple sclerosis in which neurological functions are steadily deterioratedโ€ฆ