Europe Rett Syndrome Market size is expected to be USD 75,778.43 thousand rising at a market growth of 74.1% CAGR during the forecast period
Market Analysis and Insights: Europe Rett Syndrome Market
Europe rett syndrome market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 74.1% in the forecast period of 2021 to 2028 and is expected to reach USD 75,778.43 thousand by 2028.
The rett syndrome takes place due to mutation in MECP2 gene. The MECP2 gene encodes the methyl- CpG binding protein 2 and is located on the long arm of chromosome X. The arrival of symptoms arises with age. The infants with rett syndrome have normal growth for the first six months before any signs of the disorder are noticed. The frequent changes usually show up when the infants are between 12 and 18 months. The symptoms can be sudden or slow. Valproate, lamotrigine, and carbamazepine were the drugs used most frequently as monotherapy. Valproate monotherapy was highly effective as 75% of treated patients achieved seizure remission. Monotherapy with lamotrigine or carbamazepine was effective in half of the treated patients.
According to the Genetic and Rare Diseases Information Center (GARD) data, the syndrome occurs in 1 in every 10, 000 girls worldwide.
The Europe rett syndrome market is growing tremendously due to the increased prevalence of rett syndrome, the surge in the female population, and rise in R&D investments by market players for rett syndrome and favorable reimbursement for rett syndrome. The other factors anticipated to propel the growth of the Europe rett syndrome market include an increase in government initiatives and a rise in healthcare expenditure in low-income countries.
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Rett Syndrome Market Scope and Market Size
The rett syndrome market is segmented on the based on the types, stages, treatment type, drug type, route of administration, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of types, the Europe rett syndrome market is segmented into classic rett syndrome and atypical rett syndrome. In 2021, classic rett syndrome segment is expected to dominate the Europe rett syndrome market due to the high prevalence of this type of disease.
- On the basis of stages, the Europe rett syndrome market is segmented into stage IV: late motor deterioration, stage III: plateau, stage II: rapid destruction and stage I: early onset. In 2021, stage IV: late motor deterioration segment is expected to dominate the Europe rett syndrome market due to a decrease in repetitive hand movements and improvement in eye gaze lasts for many years, causing severe motor dysfunction, deformities in the arm, and leg joints, and muscle weakness.
- On the basis of treatment type, the Europe rett syndrome market is segmented into drug class, therapy type and others. In 2021, the drug class segment is expected to dominate the market due to the immense dependency of patients on different drug types and the grant of orphan drug designation to pipeline therapies
Competitive Landscape and Rett Syndrome Market Share Analysis
Rett syndrome market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to rett syndrome market.
The major companies which are dealing in the rett syndrome are Zydus Cadila, Viatris Inc., Hikma Pharmaceuticals PLC, LUPIN, Teva Pharmaceutical USA (a subsidiary of Teva Pharmaceutical Industries Ltd.), Dr. Reddy’s Laboratories Ltd., Amneal Pharmaceuticals LLC, Cipla Inc., Glenmark Pharmaceuticals Inc. USA (A Subsidiary of Glenmark Pharmaceuticals Ltd.), Anavex Life Sciences Corp, AMO PHARMA, Novartis AG, UCB SA, Sun Pharmaceutical Industries Ltd., Pfizer Inc., GlaxoSmithKline plc, Janssen Pharmaceuticals, Inc. (a subsidiary of Johnson & Johnson Services, Inc.), Otsuka Pharmaceuticals Co., Ltd (a subsidiary of Otsuka Holdings Co., Ltd), Aspen Holdings, Validus Pharmaceuticals LLC, H. LUNDBECK A/S, Aurobindo Pharma USA (A Subsidiary of Aurobindo Pharma), and Children’s Hospital Colorado among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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