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Duchenne Muscular Dystrophy (DMD) Therapeutics Market Analysis 2023: Market Growth Rate, Competitive Landscape And Top Opportunities
The Business Research Company's Duchenne Muscular Dystrophy (DMD) Therapeutics Global Market Report 2023 identifies clinical trials as the major driver for the Duchenne Muscular Dystrophy (DMD) Therapeutics market's growth in the forecast period. Clinical trials are research studies conducted on human participants to evaluate the safety, efficacy and potential benefits of new medical treatments, interventions, or drugs. The surge in clinical trials focusing on Duchenne muscular dystrophy treatment signifies continuous research, innovation and a wide array of therapeutic possibilities, all of which are expected to enhance patient outcomes, attract investments and expedite the advancement and Availability of Effective Therapies for Duchenne Muscular Dystrophy (DMD).
The duchenne muscular dystrophy (dmd) therapeutics market size has grown exponentially in recent years. It will grow from $8.64 billion in 2023 to $11.95 billion in 2024 at a compound annual growth rate (CAGR) of 38.4%. The growth in the historic period can be attributed to increasing prevalence of duchenne muscular dystrophy, awareness about duchenne muscular dystrophy treatment, rising healthcare spending, government initiatives.
The duchenne muscular dystrophy (dmd) therapeutics market size is expected to see exponential growth in the next few years. It will grow to $36.72 billion in 2028 at a compound annual growth rate (CAGR) of 32.4%.
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Major competitors in the Duchenne Muscular Dystrophy (DMD) Therapeutics market are CVS Health Corporation, Pfizer Inc., F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb Company, Eli Lilly and Co., Otsuka Holdings Co. Ltd.
A key trend in the developing innovative products includes genetic abnormalities. Major companies operating in the chronic myeloid leukemia (CML) treatment market are focused on developing innovative products to sustain their position in the market. For instance, in August 2023, Precipio, Inc., a US-based diagnostics company offering cancer diagnosis, launched the BCR-ABL 2.0 Panel for chronic myeloid leukemia (CML). This tool identifies the BCR-ABL1 gene and helps diagnose chronic myeloid leukemia (CML). This is the most advanced BCR-ABL panel with robust coverage, workflow ease and reduced cost with enhanced patient care. Additionally, it features the detection of the ABL1 mutation, which eliminates the need for a second round of testing for the BCR-ABL1 gene, providing high-accuracy results.
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The Duchenne Muscular Dystrophy (DMD) Therapeutics market is segmented -
• By Type: Targeted Therapy, Chemotherapy, Radiation Therapy, Splenectomy, Stem Cell Transplant
• By Route of Administration: Oral, Parenteral, Other Route of Administrations
• By End-User: Hospitals, 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 (DMD) Therapeutics market.
The Business Research Company's "Global Duchenne Muscular Dystrophy (DMD) Therapeutics 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 (DMD) Therapeutics Market Include:
1. Executive Summary
2. Duchenne Muscular Dystrophy (DMD) Therapeutics Market Characteristics
3. Duchenne Muscular Dystrophy (DMD) Therapeutics Market Trends And Strategies
4. Duchenne Muscular Dystrophy (DMD) Therapeutics Market - Macro Economic Scenario
5. Global Duchenne Muscular Dystrophy (DMD) Therapeutics Market Size and Growth
……
32. Global Duchenne Muscular Dystrophy (DMD) Therapeutics Market Competitive Benchmarking
33. Global Duchenne Muscular Dystrophy (DMD) Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Duchenne Muscular Dystrophy (DMD) Therapeutics Market
35. Duchenne Muscular Dystrophy (DMD) Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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