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Duchenne Muscular Dystrophy Market Analysis, Trends, Growth, Research And Forecast 2032
Duchenne Muscular Dystrophy Market
The Business Research Company's Duchenne Muscular Dystrophy Global Market Report 2023 identifies the rise in the prevalence of duchenne muscular dystrophy as the major driver for the duchenne muscular dystrophy market's growth in the forecast period. The prevalence of Duchenne muscular dystrophy is predominantly among males between the ages of 7 and 13 years. Due to a defective gene for dystrophin, DMD has become increasingly prevalent, which may be linked to factors including improved diagnosis, genetic mutations, and environmental factors.
The global duchenne muscular dystrophy market size is expected to grow from $0.98 billion in 2022 to $1.07 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 global duchenne muscular dystrophy market size is expected to reach $1.48 billion in 2027 at a CAGR of 8.3%.
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Major competitors in the duchenne muscular dystrophy market are Bristol Myers Squibb Company, FibroGen Inc., Italfarmaco SpA, NS Pharma Inc., Pfizer Inc., PTC Therapeutics, Santhera Pharmaceuticals, Sarepta Therapeutics Inc., BioMarin Pharmaceutical Inc., Eli Lilly and Company, GSK plc., Nippon Shinyaku Co Ltd., Acceleron Pharma, Inc., Akashi Therapeutics Inc., and Capricor Therapeutics Inc.
A key trend in the duchenne muscular dystrophy market includes technological advancement. Major companies operating in the Duchenne muscular dystrophy market are focusing more on technological advancements and research and development to sustain their position in the market. For instance, in April 2021, according to the University of Texas Southwestern's s Hamon Center for Regenerative Science and Medicine, a US-based public academic health science center, launched a new type of gene therapy to treat mice with Duchenne muscular dystrophy (DMD) by using CRISPR-Cas9-based techniques to restore a significant portion of the dystrophin protein that is missing in many DMD patients. The scientists created a number of effective CRISPR-Cas9 nucleotide gene editing techniques to bypass the mistaken "stop" signal, restoring the creation of 97 % of the protein. They quickly investigated nucleotide gene editing techniques using cardiomyocytes produced from iPS cells of DMD patients, showing the restoration of the dystrophin protein.
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The duchenne muscular dystrophy market is segmented -
• By Therapy: Mutation Suppression, Exon Skipping Approach
• By Therapeutic Class: Molecular Based Therapies, Steroid Therapy
• By Route of Administration: Oral, Parenteral, Other Routes Of Administration
• By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
• By End User: Hospitals, Homecare, Specialty Clinics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the duchenne muscular dystrophy market.
The Business Research Company's "Global Duchenne Muscular Dystrophy 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 Duchenne Muscular Dystrophy Market Include:
1. Executive Summary
2. Duchenne Muscular Dystrophy Market Characteristics
3. Duchenne Muscular Dystrophy Market Trends And Strategies
4. Duchenne Muscular Dystrophy Market - Macro Economic Scenario
5. Duchenne Muscular Dystrophy Market Size And Growth
……
26. Africa Duchenne Muscular Dystrophy Market
27. Duchenne Muscular Dystrophy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Duchenne Muscular Dystrophy Market
29. Duchenne Muscular Dystrophy Market Future Outlook and Potential Analysis
30. Appendix
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