Myasthenia Gravis Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2015-2025 – Increased demand of effective treatment and increase in research and development activities are the key drivers for Global Myasthenia Gravis Market.
Myasthenia gravis Market is valued around USD 1168.72 Million in 2018 and expected to reach USD 2280.5 Million by 2025 with the CAGR of 9.9% over the forecast period.
Myasthenia gravis is an autoimmune disorder or neuromuscular disorders which lead to weakening of skeletal muscles. Muscles most commonly affected are those controlling the eyelids, breathing, swallowing as well as the facial and shoulder muscle. Its treatment options include immunosuppressant, acetyl cholinesterase inhibitors and others. Most people with myasthenia gravis manage their symptoms and lead active lives as there is no cure for myasthenia gravis. Ongoing research and increasing prevalence of myasthenia gravis around the world has driven the global market.
Global myasthenia gravis market report is segmented on the basis of treatment type, end-user and region & country level. Based upon treatment type, global myasthenia gravis Market is classified as drug treatment and rapid immunotherapies. Based upon end-user, global myasthenia gravis market is classified as hospitals, clinics, academic research institutes.
The regions covered in this myasthenia gravis Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Myasthenia Gravis is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Key Players for Global Myasthenia Gravis Market Reports–
Global myasthenia gravis market report covers prominent players like Alexion Pharmaceutical Inc., Shire plc, Avadel Pharmaceuticals plc, Baxter International Inc., F. Hoffmann-La Roche AG, Grifols S.A., Novartis AG, CSL Behring, Takeda Pharmaceutical Company Limited, Valeant Pharmaceuticals International Inc. and others.
Increase in the demand of effective treatment and increase in research and development activities
The commercialization and growth of global myasthenia gravis market over the past 25 years has been highly impactful. One of the major factors driving the growth of myasthenia gravis market over the forecast period is increase in the demand of effective treatment for the improvement of patients’ living condition over the period of time. As per Myasthenia Gravis Foundation of America report, prevalence of myasthenia gravis in the U.S. is estimated at 14 to 20 per 100,000 people which is around 36,000 to 60,000 cases. Moreover, increase in awareness among people is also expected to support the growth of myasthenia gravis market. Furthermore, increasing research and development activities to develop new and effective therapies for the treatment of myasthenia gravis are also expected to foster the growth of myasthenia gravis market over the forecast period. However, high costs of treatment are expected inhibit the growth of myasthenia gravis market over the forecast period.
North America is Expected to Dominate the Myasthenia Gravis Market
North America is expected to dominate the market with highest market share over the forecast period due to the increased prevalence of increased awareness among people coupled with advanced healthcare facilities and high per capita income in this region. Europe is expected to the second largest growing region over the forecast period due to the technological advancements and research and development activities for the development of novel treatment. Asia Pacific is expected to be the third largest and fastest growing region over the forecast period owing to the increased awareness among people, increase in healthcare facilities and increase in per capita income are expected to promote the growth of myasthenia gravis market over the forecast period. Latin America, Middle East and Africa market are emerging markets are expected to grow at significant rate over the forecast period.
Key Benefits for Global Myasthenia Gravis Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Myasthenia Gravis Market Segmentation –
By Treatment Type
- Drug Treatment
- Rapid Immunotherapies
By End User Analysis