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Autism Spectrum Disorder (ASD) therapeutics market Size, Trends, Growth, Opportunities 2023-2030 | Otsuka Holdings Co. Ltd., and Janssen Pharmaceuticals, Inc.

10-15-2024 08:17 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Autism Spectrum Disorder Therapeutics Market

Autism Spectrum Disorder Therapeutics Market

The global autism spectrum disorder (ASD) therapeutics market size was valued at USD 1.93 billion in 2022. The market is projected to grow from USD 2.01 billion in 2023 to USD 3.42 billion by 2030, exhibiting a CAGR of 7.9% during the forecast period (2023-2030).

The Autism Spectrum Disorder (ASD) therapeutics market is experiencing significant growth as researchers strive to develop new and improved treatment options for individuals with ASD. This press release explores a recent key industry development, a leading segment, and the future outlook for this vital market.

๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—ช๐—ต๐—ฎ๐˜ ๐—ฌ๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐— ๐—ถ๐˜€๐˜€๐—ถ๐—ป๐—ด: ๐—š๐—ฒ๐˜ ๐—ฎ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ (๐—ฃ๐——๐—™) ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/autism-spectrum-disorder-therapeutics-market-101207

๐—ฅ๐—ผ๐—ฐ๐—ต๐—ฒ'๐˜€ ๐—ฅ๐—ข๐Ÿณ๐Ÿฌ๐Ÿญ๐Ÿณ๐Ÿณ๐Ÿณ๐Ÿฏ ๐—›๐—ผ๐—น๐—ฑ๐˜€ ๐—ฃ๐—ฟ๐—ผ๐—บ๐—ถ๐˜€๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—”๐—ฆ๐—— ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜๐—บ๐—ฒ๐—ป๐˜:

In December 2021, F. Hoffmann-La Roche Ltd. (Roche) announced a promising development in the ASD therapeutics market. Their investigational drug candidate, RO7017773, was undergoing Phase 2 clinical trials to evaluate its efficacy, safety, and tolerability in participants aged 15-45 with ASD. With a potential regulatory filing planned for 2024, Roche's progress highlights the ongoing efforts to develop novel therapeutic options for individuals with ASD.

๐—ง๐—ผ๐—ฝ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ฆ๐—— ๐—ง๐—ต๐—ฒ๐—ฟ๐—ฎ๐—ฝ๐—ฒ๐˜‚๐˜๐—ถ๐—ฐ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜:

โ€ข Curemark, LLC (U.S.)
โ€ข Alembic Pharmaceuticals Limited (India)
โ€ข Yamo Pharmaceuticals (U.S.)
โ€ข PaxMedica (U.S.)
โ€ข F. Hoffmann-La Roche Ltd (Switzerland)
โ€ข Aurobindo Pharma Ltd. (India)
โ€ข Otsuka Holdings Co. Ltd. (Japan)
โ€ข Janssen Pharmaceuticals, Inc. (U.S.)
โ€ข Teva Pharmaceutical Industries Ltd. (Israel)
โ€ข H. Lundbeck A/S (Denmark)

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€:

Several factors are driving the growth of the ASD therapeutics market:

โ€ข ๐—ฅ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ฒ๐˜ƒ๐—ฎ๐—น๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐—”๐˜‚๐˜๐—ถ๐˜€๐—บ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐˜๐—ฟ๐˜‚๐—บ ๐——๐—ถ๐˜€๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ: The increasing prevalence of ASD diagnoses highlights the critical need for effective treatment options.
โ€ข ๐—š๐—ฟ๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—™๐—ผ๐—ฐ๐˜‚๐˜€ ๐—ผ๐—ป ๐—˜๐—ฎ๐—ฟ๐—น๐˜† ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐˜ƒ๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—Ÿ๐—ถ๐—ณ๐—ฒ: Early intervention and comprehensive treatment plans are crucial for improving the quality of life for individuals with ASD.
โ€ข ๐—จ๐—ป๐—บ๐—ฒ๐˜ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ก๐—ฒ๐—ฒ๐—ฑ๐˜€: Currently available ASD therapies often address specific symptoms but do not offer a cure. This unmet need opens doors for the development of novel therapeutic approaches.

However, certain limitations remain:

โ€ข ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ข๐—ฝ๐˜๐—ถ๐—ผ๐—ป๐˜€: The current range of ASD therapies is limited, with varying levels of efficacy and potential side effects.
โ€ข ๐—›๐—ถ๐—ด๐—ต ๐—–๐—ผ๐˜€๐˜ ๐—ผ๐—ณ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜๐—บ๐—ฒ๐—ป๐˜: Certain ASD medications can be expensive, posing a barrier for some patients.
โ€ข ๐—ก๐—ฒ๐—ฒ๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐—ฃ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ฃ๐—น๐—ฎ๐—ป๐˜€: Individualized treatment plans are essential for optimal management, requiring close collaboration between healthcare professionals, patients, and caregivers.

๐—™๐—ผ๐—ฟ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฉ๐—ถ๐˜€๐—ถ๐˜: https://www.fortunebusinessinsights.com/industry-reports/autism-spectrum-disorder-therapeutics-market-101207

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ:

For a comprehensive understanding of the ASD therapeutics market, Fortune Business Insights' report offers in-depth analysis on:

โ€ข ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€: The report provides detailed market size and growth forecasts for the ASD therapeutics market over the forecast period.
โ€ข ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The report segments the market based on drug therapy type (stimulants, antipsychotics, antidepressants), therapy type (behavioral therapy, occupational therapy, speech therapy), and age group (children, adolescents, adults).
โ€ข ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ: The report identifies key players in the market and analyzes their competitive strategies.
โ€ข ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€: The report provides insights into the growth potential of ASD therapeutics in different geographical regions.

๐—ง๐—ต๐—ฒ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—”๐—ฆ๐—— ๐—ง๐—ต๐—ฒ๐—ฟ๐—ฎ๐—ฝ๐—ฒ๐˜‚๐˜๐—ถ๐—ฐ๐˜€:

The ASD therapeutics market is poised for continued growth, fueled by research advancements, increasing public awareness, and the relentless pursuit of improved treatment options for individuals with ASD. With promising pipeline candidates like Roche's RO7017773 approaching regulatory milestones, the future holds the potential for a wider range of effective and accessible therapies for managing ASD.

๐—ฆ๐˜๐—ถ๐—บ๐˜‚๐—น๐—ฎ๐—ป๐˜๐˜€ ๐——๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐˜๐—ฒ ๐——๐—ฟ๐˜‚๐—ด ๐—ง๐—ต๐—ฒ๐—ฟ๐—ฎ๐—ฝ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜:

Among the different ASD therapeutics segments, stimulants are projected to lead the market during the forecast period. Stimulants are often used to manage core ASD symptoms, such as hyperactivity and impulsivity.

๐—” ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ:

The ASD therapeutics market is a competitive space with established pharmaceutical companies and emerging biotech startups vying to develop the next generation of ASD treatments. This competition fosters continuous research and development efforts, aiming for treatments with improved efficacy, fewer side effects, and broader applications.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ง๐—ผ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/artificial-intelligence-in-drug-discovery-market-105354

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