Fragile X Syndrome Market Analysis Reveals 7 Percent CAGR Fueled by Advancements in Research and Drug Development

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Fragile X Syndrome Market- by Product Pipeline (Phase I, Phase II and Phase III), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

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According to the latest research by InsightAce Analytic, the global Fragile X Syndrome market is valued at 20.80 Million in 2022, and it is expected to reach 37.71 Million by the year 2031, with a CAGR of 7.0% during a forecast period of 2023-2031.

Fragile X syndrome (FXS) is a genetic disorder characterized by learning disabilities and cognitive impairment, with a significantly higher prevalence among males than females. Most affected males exhibit moderate to severe intellectual disabilities, while approximately one-third of affected females experience similar challenges. Developmental delays in speech and language are typically evident by the age of two. Children with FXS often present with symptoms such as anxiety, hyperactivity, impulsivity, and difficulties with attention and concentration. Additionally, nearly one-third of individuals with FXS display characteristics associated with autism spectrum disorder, impacting communication and social interactions.

The global Fragile X syndrome treatment market is primarily driven by the higher incidence in males and the hereditary nature of the condition. Market expansion is further supported by a robust research and development pipeline, prompting pharmaceutical and biotechnology companies to invest in therapeutic advancements. Growing prevalence of genetic mutation syndromes, increasing awareness in emerging markets, and rising R&D investments are also contributing to market growth. Furthermore, unhealthy maternal behaviors during pregnancy, such as alcohol consumption and smoking, have been linked to the increased occurrence of such disorders.

The anticipated launch of four promising pipeline therapies-most notably high-cost agents such as zatolmilast, Zygel, and trofinetide-is expected to significantly accelerate market growth. However, limited awareness about Fragile X syndrome and the high cost of treatment, particularly in low-income and developing regions, may pose challenges to broader market adoption and accessibility.

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North America is anticipated to be the major contributor to the Fragile X Syndrome market over the forecast years. It is due to the increasing number of collaborations between multiple small and medium-sized businesses and numerous corporations to develop cost-effective and high-quality medications that most people can buy. Furthermore, the rising prevalence of neurodegenerative diseases, as well as the increasing demand for effective treatments for gene abnormalities through research, diagnostics, and synthetic biology, has fueled the regional market expansion. In addition, the Asia Pacific Fragile X Syndrome market is expected to grow significantly during the forecast period due to significant investments made by biotechnology and pharmaceutical companies, enhanced healthcare institutions, early availability of approved medications, rise in income per capita, and accessibility of state-of-the-art research facilities throughout the country in the region.

Major market players operating in the Fragile X Syndrome market include
Marinus pharmaceuticals, Kareus Therapeutics, Ovid therapeutics, Bellus Health Inc., Neuren pharmaceuticals, Anavex Life Sciences Corp., AMO pharmaceuticals, Eli Lilly & Company, and Zynerba Pharmaceuticals, Inc.

Recent collaborations and agreements in the market:
• In March 2022, the European Commission classified Zygel, transdermal gel candidate from Zynerba Pharmaceuticals for treating behavioural issues in people with fragile X syndrome, as an orphan medicine.
• In February 2022, Ovid and Healx decided to enter into an agreement signed for an exclusive gaboxadol licence (OV101). Healx was given the option by Ovid to create and market gaboxadol alone (OV101). In addition to treatment for other conditions, Healx has declared that it will investigate the chemical as a potential component of a combination treatment for Fragile X syndrome.
• In December 2021, Nova Mentis Life Science and Mycrodose Therapeutics announced that the combination of NOVA's psilocybin-based pharmaceutical development programme and Mycrodose's transdermal solution for fragile X syndrome has been completed successfully.

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Market Segments
Global Fragile X Syndrome Market, by Product Pipeline, 2022-2030 (Value US$ Mn)
• Phase I
• Phase II
• Phase III
Global Fragile X Syndrome Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Fragile X Syndrome Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Fragile X Syndrome Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Fragile X Syndrome Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Fragile X Syndrome Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Fragile X Syndrome Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Fragile X Syndrome market
 To receive an industry overview and future trends of the Fragile X Syndrome market
 To analyze the Fragile X Syndrome market drivers and challenges
 To get information on the Fragile X Syndrome market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Fragile X Syndrome market industry

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This release was published on openPR.