Duchenne Muscular Dystrophy Treatment Market Estimated to Witness High Growth

0
494

The global Duchenne muscular dystrophy treatment market is estimated to be valued at US$ 2 billion in 2024 and is expected to exhibit a CAGR of 47% over the forecast period 2024-2028.

Key Takeaways

Key players operating in the Duchenne muscular dystrophy treatment are Sarepta Therapeutics, Pfizer, PTC Therapeutics, Summit Therapeutics, and others. Sarepta Therapeutics' Exondys 51 was the first FDA-approved treatment specifically for DMD in 2016.

The Duchenne Muscular Dystrophy Treatment Market Trend provides significant growth opportunities due to ongoing clinical trials evaluating gene therapy and other novel treatment approaches. Major pharmaceutical companies are accelerating their efforts to develop first-ever curative therapies.

Advancements in gene therapy hold promise to potentially cure DMD by replacing or repairing the defective dystrophin gene. Several gene therapy candidates are under evaluation in late-stage clinical trials with encouraging initial safety and efficacy results.

Market Drivers
Increasing diagnosis rate primarily due to widespread availability of genetic testing and counselling is a key factor fueling demand for DMD treatments. Growing DMD patient population worldwide along with rising healthcare expenditures provide a strong foundation for market growth over the forecast period. Additionally, robust pipeline of novel drug candidates and a high unmet need for safe and effective therapies are expected to propel the market.


Current challenges in Duchenne Muscular Dystrophy Treatment Market

The Duchenne muscular dystrophy (DMD) treatment market faces several challenges currently. The first major challenge is lack of approved drug therapies. While there are several drug candidates in clinical trials, currently there is no cure for DMD. The only approved treatment is corticosteroids which only help slow the progression but do not cure the disease. Developing effective therapies is challenging due to complexity of disease pathology. Another major challenge is lack of early diagnosis. Symptoms usually appear in early childhood but diagnosis often gets delayed. This delays the start of available treatment approaches. High cost of treatment also poses a challenge as patients may require lifelong therapy. Managing symptoms over the course of the disease also adds to treatment costs. Lack of awareness about early signs of DMD is another challenge area that needs to be addressed.

Get more insights on Duchenne Muscular Dystrophy Treatment Market

Buscar
Patrocinados
Categorías
Read More
Health
Confidential Abortion Services in Bangalore
When faced with the decision to seek abortion services, it is crucial to choose a medical...
By Ralph Emerson 2024-05-22 03:30:48 0 731
Shopping
Where to buy Nike Dunk Low White Paisley DJ9955-100
There is an interesting story connected with this Nike Dunk Low White Paisley. The variant was...
By Linda Mayne12 2022-04-28 02:52:43 0 3K
Other
Smart Air Purifier Market Size, Industry Report, New Technology, Demand, Price, CAGR Status, Share and Forecast Period 2022-2028
This unique market study discourses the industry's present and future market outlook, as well as...
By Pradnya Tayade 2022-07-08 10:03:42 0 2K
Art
C_SAC_2215 PDF、C_SAC_2215日本語試験情報 & C_SAC_2215無料模擬試験
最初の保障はあなたに安心させる高い通過率で、第二の保護手段は、あなたは弊社のソフトを利用してSAPのC_SAC_2215試験に合格しないなら、我々はあなたのすべての支払を払い戻します、これにより...
By 6pmtfb2f 6pmtfb2f 2023-02-06 02:04:10 0 1K
Other
Free Drug Rehabilitation Centers: A Lifeline to Recovery
Free Drug Rehabilitation Centers: A Lifeline to Recovery Drug addiction is a widespread...
By Vworld 2.0 2.0 2024-12-11 13:16:34 0 239