Rare neurodegenerative disease treatment market is anticipated to grow at a significant CAGR of 6.8% during the forecast period. Neurodegenerative disease generally occurs when the nerve cells in the brain lose their functions and day by day die. Some of the physical and mental symptoms of this disease can be helped through treatment, but there are several ways to slow the disease progression. The risk of this disease generally increases with age. Research says that this disease develops by the combination of a person’s genes and the environment contributes to increasing the chances of this disease. The environmental factors can be pesticides, Fungicides, and insecticides. Some metals like Arsenic, manganese, and lead can also be a factor to develop neurodegenerative disease. Chemicals used in factories, Air pollution, and changing lifestyle are some of the factors boosting the chance of rare neurodegenerative disease. These nerve diseases affect people’s body activities such as talking, breathing, and heart functions. Sometimes these diseases are genetic. Increasing awareness about this disease along with advanced treatment will propel the market growth during the forecast period.
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COVID-19 has already produced a great impact on the global health system. Mostly, the neurodegenerative disease affects the elder population. This occurs due to neuron loss in the brain as it is observed initially by memory declination. Mostly these patients need long-term care. In COVID-19 cases, 80% of deaths were in long-term care, people with low immunity, and respiratory diseases. Thus, neurogenerative patients had more risk of COVID-19 infection. The pandemic had increased the stress for the neurodegenerative patients, which resulted in anxiety, depression, hypoxia, a sleep disorder that was already one of the important factors of neurodegenerative deaths.
The global rare neurodegenerative disease treatment market is segmented based on the indication and drug class. Based on the indications, the market is segmented into parkinson’s Disease, amyotrophic lateral sclerosis, alzheimer’s disease, multiple sclerosis, spinal muscular atrophy, huntington disease, and other indications. Based on the drug class, the market is sub-segmented into immunomodulator drugs, cholinesterase inhibitors, dopamine agonists, N-methyl-D-aspartate receptor antagonists, Others . The above-mentioned segments can be customized as per the client’s requirements and choices.
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Rare Neurodegenerative Disease Treatment Market Segmentation
By Indications
- Parkinson’s Disease
- Amyotrophic Lateral Sclerosis
- Alzheimer’s Disease
- Multiple Sclerosis
- Spinal Muscular Atrophy (SMA)
- Huntington Disease
- Other Indications
By Drug class
- Immunomodulator Drugs
- Cholinesterase Inhibitors
- Dopamine Agonists
- N-methyl-D-aspartate Receptor antagonists
- Others
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ACADIA Pharmaceutical Inc.
- Boehringer Ingelheim International GmbH
- Biogen
- Hoffmann – La Roche Ltd.
- Lundbeck A/S
- Mitsubishi Tanabe Pharma Corp.
- Novartis AG
- Orion Corp.
- Pfizer Inc.
- Teva Pharmaceutical Industries Ltd.
- UCB S.A.
- IPSEN Pharma
- Exicure Inc.
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