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A Comprehensive Overview of Autism Spectrum Disorders Treatment Market: Exploring the Game-Changing Mergers and Acquisitions Shaping The Market || Pfizer Inc., Johnson & Johnson Services Inc., Roche Holding AG
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Autism Spectrum Disorders Treatment Global Market Report 2023 identifies the increasing prevalence of autism spectrum disorders (ASD) is the major driver for the autism spectrum disorders treatment market's growth in the forecast period. Autism spectrum disorders encompass various medical conditions distinguished by challenges in social interaction and communication skills to varying degrees. The rise in the number of children identified with ASDs plays a crucial role in developing various treatment options for children with ASDs. For instance, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, one in 38 children aged eight years had autism spectrum disorders in 2020 in the USA, where autism spectrum disorders are 3.8 times more prevalent in boys than girls.
The global autism spectrum disorders treatment market size is expected to grow from $2.55 billion in 2022 to $2.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of autism spectrum disorders treatment market is expected to reach $3.47 billion in 2027 at a CAGR of 6.3%.
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Major competitors in the autism spectrum disorders treatment market are Pfizer Inc., Johnson & Johnson Services Inc., Roche Holding AG, Novartis AG, Bristol-Myers Squibb, Teva Pharmaceuticals Industries Ltd., Otsuka Pharmaceutical Co. Ltd.
A key trend in the autism spectrum disorders treatment market includes technology innovation. Researchers are focusing their efforts on creating innovations in behavioral analysis of autism patients, which helps in developing social and occupational skills in children with autism. For instance, in December 2021, BrainCo Inc, a US-based company, introduced a new autism intervention method based on brain-computer interface technology through clinical trials with China Autism Rehabilitation Center, Shanghai Children's Hospital, and Beijing Children's Hospital. This novel method combines a non-invasive EEG headband with computer-based games, activities, and exercises that allow the therapists to understand new patterns of individuals' real-time brain activity, track their progress by observing their interaction with others, and understand their facial expressions by analyzing eye contact.
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The autism spectrum disorders treatment market is segmented -
• By Drug Therapy: Antipsychotic Drugs, SSRIs or Antidepressants, Stimulants, Sleep Medications, Other Drug Therapies
• By Treatment Approach: Behavioral Approaches, Early Intervention, Medication
• By Application: Autistic Disorder, Asperger Syndrome, Pervasive Developmental Disorder, Other Applications
• By Distribution Channel: Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the autism spectrum disorders treatment market.
The Business Research Company's "Global Autism Spectrum Disorders Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Autism Spectrum Disorders Treatment Market Include:
1. Executive Summary
2. Autism Spectrum Disorders Treatment Market Characteristics
3. Autism Spectrum Disorders Treatment Market Trends And Strategies
4. Autism Spectrum Disorders Treatment Market - Macro Economic Scenario
5. Autism Spectrum Disorders Treatment Market Size And Growth
……………
27. Autism Spectrum Disorders Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autism Spectrum Disorders Treatment Market
29. Autism Spectrum Disorders Treatment Market Future Outlook And Potential Analysis
30. Appendix
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