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Huntington’s Disease Treatment Market Analysis And Study 2019
Posted: Jan 26, 2019
The Global Huntington’s Disease Treatment Market is largely driven by factors such as increased adoption of novel therapeutics, increase in R&D activities, rise in target population and favorable government initiatives. The huntington’s disease pipeline will see the new development in coming years as the disease modifying drugs transforms the market landscape. Many key players in market are engaged in development of new drug products for the treatment of huntington disease. At present, more than 20 products are being studied for treatment for huntington’s disease in various stages of clinical trials.
However certain factors that can hamper the growth of this market in near future are lack of awareness regarding genetic disorders and alternative treatment plans.
On the other hand, the unfavorable reimbursement scenario in many developing countries and high cost of treatment for traumatic brain injury can hamper the growth of the market during the assessment period.
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Huntington’s Disease is a genetic disorder that causes degeneration of nerve cells in brain. The degeneration of brain cells controls movement, intellectual ability and behavior of that person. This disease normally appears at the age of 30-50 and gets worsen within 10-25 years of time. Huntington’s disease is fatal and there is no cure for this disease.
Huntington’s Disease Treatment Market - Key Players
The global huntington’s disease treatment market is currently dominated by many players. The market players are engaged in launch of new drugs for genetic disorder treatment and strategic collaborations to expand their product portfolio and many key players in market are engaged in search of alternative treatment for huntington’s disease.
Some of the key players in the global huntington’s disease treatment market are Ceregene Inc., Lundbeck, Prana Biotechnology Limited, Teva Pharmaceutical Industries Ltd., Cortex Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated, Auspex Pharmaceuticals, SOM Biotech, GlaxoSmithKline, Siena Biotech, Raptor Pharmaceutical, Pfizer, Palobiofarma, Omeros Ipsen, Valeant Pharmaceuticals International Inc., AmpliPhi Biosciences Corp, Alnylam Pharmaceuticals Inc.
Huntington’s Disease Treatment Market - Segmentation
Global Huntington’s Disease Treatment Market is segmented into drug type, treatment and end-users. On basis of drug type the global huntington disease treatment market is segmented into tetrabenazine, deutetrabenazine, selective serotonin reuptake inhibitor (SSRI), chlorpromazine,haloperidol, risperidone, olanzapine, clozapine another drug type.
Based on treatment the market is further segmented into two types such as symptomatic therapy and disease-modifying therapy.On basis of end-users the market is further segmented into hospital, clinics, retail pharmacies, online pharmacies and others.
Huntington’s Disease Treatment Market - Regional Overview
On the regional basis, the huntington’s disease treatment market in the Americas is segmented into two major regions, i.e., North America and South America. The North American region is likely to hold the largest share in the huntington’s disease treatment market, owing to the increasing incidences of genetic disorder among adults, rise in the susceptible immune compromised patient population, developing healthcare sector and increasing awareness among people regarding genetic diseases.
For More Information Visit @ http://www.abnewswire.com/pressreleases/global-huntingtons-disease-treatment-market-grows-at-40-cagr-by-increasing-prevalence-of-genetic-disorder-among-adult-population-during-2018-2023_310079.html
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