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2025 Rare Neurological Disease Treatment Industry Trends Report: Long-Term Outlook Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Rare Neurological Disease Treatment Market Size By 2025?
The market for treating rare neurological diseases has experienced robust expansion in the past few years. From 2024 to 2025, it is predicted to expand from $9.85 billion to $10.68 billion, demonstrating a compound annual growth rate (CAGR) of 8.4%. Factors responsible for this historical growth include the incorporation of biosimilars in the treatment of rare ailments, global expansion of clinical trials, healthcare reimbursement policies, the designation of orphan drugs, and strides in genetic research.
How Big Is the Rare Neurological Disease Treatment Market Size Expected to Grow by 2029?
Predictions for the market size of treatments for rare neurological diseases indicate a strong upward trend in the coming years. The market is projected to expand to $14.84 billion by 2029, with a compound annual growth rate (CAGR) of 8.6%. This forecasted growth can be tied to factors such as enhanced diagnostic tools, advancements in precision medicine, development of drugs focused on patient needs, utilization of real-world evidence, the use of telemedicine for patient support, and a shift towards personalized therapy methods. As we approach this upcoming period, we can expect to see significant trends such as technological innovations, the application of artificial intelligence in drug discovery, the use of blockchain for data security, and the deployment of machine learning in drug discovery.
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Which Key Market Drivers Powering Rare Neurological Disease Treatment Market Expansion and Growth?
The growth of the market for treating rare neurological diseases is predicted to be spurred by the increasing occurrences of these conditions. They include low-prevalence neurological disorders such as Huntington's disease, ALS (amyotrophic lateral sclerosis), Rett syndrome, and various muscular dystrophies. The management of these diseases entails a multi-faceted approach to alleviate symptoms, decrease disease progression, and enhance the quality of life for those afflicted. For example, a BioMed Central Ltd. article from January 2023 stated that in a collective sample of 9.57 million women, Rett syndrome had a prevalence rate of 7.1 per 100,000 females and identified a total of 673 confirmed cases. Consequently, the increasing prevalence of rare neurological diseases is promoting market growth for their treatment.
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Which Fast-Growing Trends Are Poised to Disrupt the Rare Neurological Disease Treatment Market?
The growing trend of orphan pharmaceuticals development is gaining momentum in the market for rare neurological disease treatment. Large companies in the sector are concentrating on creating novel and specialised therapies to solidify their market standing. For example, Orphalan SA, a French firm specialising in orphan drug development, launched Cuvrior, a new trientine tetrahydrochloride (TETA-4HCl), in the European market in April 2023. Cuvrior is now commercially available and is used to treat adults with stable Wilson disease who have taken up copper reduction therapy and have shown a positive response to D-penicillamine. The drug secured approval from the Food and Drug Administration (FDA) in the United States and achieved orphan drug exclusivity (ODE) in April 2022 for this particular patient group.
What Are the Emerging Segments in the Rare Neurological Disease Treatment Market?
The rare neurological disease treatment market covered in this report is segmented -
1) By Drug Type: Biologics, Small Molecules
2) By Therapy: Cognitive Behavioral Therapy, Interpersonal Psychotherapy, Cyberknife, Other Therapies
3) By Mode Of Administration: Oral, Injectable, Other Modes Of Administration
4) By Disorders: Aicardi Syndrome, Aicardi-Goutières Syndrome, Reflex Sympathetic Dystrophy Syndrome, Battaglia-Neri Syndrome, Creutzfeldt Jakob Disease, Agnosia, Other Disorders
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies And Drug Store, Online Pharmacies
Subsegments:
1) By Biologics: Monoclonal Antibodies, Gene Therapies, Recombinant Proteins
2) By Small Molecules: Targeted Small Molecules, Neuroprotective Agents, Anti-inflammatory Small Molecules
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Who Are the Global Leaders in the Rare Neurological Disease Treatment Market?
Major companies operating in the rare neurological disease treatment market include Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche Ltd, Bayer AG, Merck & Co. Inc., AbbVie Inc., Novartis AG, Sanofi-Aventis SA, Bristol-Myers Squibb Company, AstraZeneca PLC, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Medtronic PLC, Teva Pharmaceutical Industries Ltd., CSL Limited, Biogen Inc., UCB S.A., Eisai Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Jazz Pharmaceuticals PLC, Mitsubishi Tanabe Pharma Corporation, Neurocrine Biosciences Inc., Kedrion Biopharma Inc., Merz Pharma GmbH & Co. KGaA, Harmony Biosciences Holdings Inc., Amicus Therapeutics Inc., Revance Therapeutics Inc., Aquestive Therapeutics Inc., US WorldMeds LLC (Solstice Neurosciences LLC), Stoke Therapeutics Inc., Retrotope Inc.
Which are the Top Profitable Regional Markets for the Rare Neurological Disease Treatment Industry?
North America was the largest region in the rare neurological diseases treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rare neurological disease treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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