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Pharmaceuticals Industry Research Report on Tourette Syndrome Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

12-21-2017 11:52 AM CET | Health & Medicine

Press release from: MarketResearchReports.biz

Pharmaceuticals Industry Research Report on Tourette Syndrome

"Tourette Syndrome Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Tourette syndrome is a neuropsychiatric disorder, characterized by physical and vocal tics. Tics are repetitive and non-rhythmic movements of discrete muscle group and are formed due to genetic mutation that disrupt the production of histamine in the brain. Tourette syndrome is primarily caused due to the disturbance in the balance of neurotransmitter in the brain, which carries nerve signals from cell to cell. This syndrome is associated with the exclamation of obscene words or socially inappropriate remarks. Tourette syndrome is a genetic disorder that affects children and teenagers. Tourette syndrome also increases the risk of hyperactivity disorder or obsessive-compulsive disorder in children. Blinking, frowning, jerking, and foot stamping are some of the symptoms of Tourette syndrome. Drugs that target histamine receptors are helpful in treating this disorder. Currently, no single drug has been approved for the treatment of tourette syndrome; however, the current treatments help manage tics or other related symptoms caused by the syndrome. Based on treatment, the Tourette syndrome market is segmented into medication and therapy. Medication includes dopamine antagonists, botulinum injections, central adrenergic inhibitors, antidepressants, and anticonvulsant agents. Therapy includes behavior therapy, psychotherapy, and deep brain stimulation.
The global Tourette syndrome market is expanding at a rapid pace due to consistent efforts of several organizations to increase awareness regarding the disease among patients. For example, the Center for Disease Control and Prevention (CDC) is engaged in improving the understanding about Tourette syndrome among people. This organization is actively working to identify causes of the syndrome to help patients effective manage of this syndrome. Additionally, the organization is also conducting education programs to improve the quality of life for Tourette syndrome patients. Risk of Tourette syndrome in children is more as compared to adult and geriatric population. For example, in a study conducted in 2012 by the Centre for Disease Control and Prevention stated that approximately 1 out of 360 children (about 138,000 children) were diagnosed with Tourette syndrome in the year 2011. Therefore, increase in incidence rate of Tourette syndrome is expected to the Tourette syndrome market in future. Moreover, large number of ongoing clinical trials are estimated to further boost the market. For example, Ecopipam, a drug by Psyadon Pharmaceuticals, is currently in phase-2 for the treatment of Tourette syndrome. Other drugs in pipeline include Seridopidine, SNC-102, and ABX1431. This drug has shown favorable safety profile for the treatment of Tourette syndrome. Thus, increase in research & development expenditure and activities and entry of new therapeutics into the market, is anticipated to boost the tourette syndrome market in the forecast period. However, high cost of therapy and side effects associated to these drugs are likely to hamper the market.

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In terms of geography, the global Tourette syndrome market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the global Tourette syndrome market due to the presence of a larger number of key players such as Catalyst Pharmaceutical Partners, Inc., AstraZeneca PLC, and Otsuka Holdings Co., Ltd in the region. Europe is the second largest Tourette syndrome market. The Tourette syndrome market is expanding in Europe owing to its high incidence rate. Furthermore, the Tourette syndrome market in Asia Pacific is expanding due to increasing awareness regarding Tourette syndrome among patients.
Key players operating in the global Tourette syndrome market include Edison Pharmaceuticals, Inc., Otsuka Holdings Co., Ltd., Catalyst Pharmaceutical Partners, Inc., AstraZeneca PLC, Reviva Pharmaceuticals Inc., Psyadon Pharmaceuticals, Inc., and Auspex Pharmaceuticals, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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