Huntington’s Disease Treatment Market
Global Huntington’s Disease Treatment Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Huntington’s disease is an inherited disorder causes due to degeneration of the nerve cells in the brain. Huntington’s disease signs and symptoms appears in people with 30 to 40 years of age and sometimes disease causes in below 20 years of age group. Most common symptoms of huntington’s disease include difficulties in learning, lack of flexibility, muscle problems, abnormalities in speech, and lack of impulse control. Moreover, depression is the most common psychiatric disorder occurs with huntington’s disease and caused due to damage of brain cells and changes in the brain function. There is no permanent treatment for huntington’s disease however, medications are available to manage the symptoms of huntington’s disease.
Increase in the prevalence of huntington’s disease, rise in R&D activities for the innovation of newer drugs, availability of symptomatic treatment drugs, and rise in the geriatric population are anticipated to fuel the huntington’s disease treatment market over the forecast period. Moreover, favourable reimbursement policies, rise in the awareness regarding mental health among key stakeholders, and various pipeline drugs are driving the huntington’s disease treatment market growth. However, stringent regulatory guidelines and dearth of treatment options are expected to hinder the growth of huntington’s disease treatment market.
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Huntington’s disease treatment market is segmented on the basis of drug class, route of administration, and distribution channel.
Based on the drug class, huntington’s disease treatment market is segmented into the following:
• Anticonvulsants
• Antidepressants
• Antidopaminergics
• Antipsychotics
• Others
Based on the route of administration, huntington’s disease treatment market is segmented into the following:
• Oral
• Parenteral
Based on the distribution channel, huntington’s disease treatment market is segmented into the following:
• Hospitals pharmacies
• Retail pharmacies
• Online pharmacies
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Huntington’s disease treatment market is growing at a significant CAGR due to increase in the prevalence of huntington’s disease Moreover, government initiations for the prevention of huntington’s disease also expected to propels the huntington’s disease treatment market over the forecast period. In addition, acquisitions & mergers, collaborations, and new product launch are the strategies followed by the companies for increasing their revenue share in huntington’s disease treatment market. For instance, in February 2015, QR Pharma, Inc. collaborated with Rockefeller University for developing a treatment for the huntington’s disease.
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Some of the players in Huntington’s Disease Treatment market are Teva Pharmaceuticals Industries Ltd. (Israel), Valent Pharmaceuticals International Inc. (Canada), Alnylam Pharmaceuticals, Inc. (U.S.), Intellect Neurosciences, Inc. (U.S.), H. Lundbeck A/S (Denmark), F. Hoffmann La Roche Ltd. (Switzerland), QR Pharma, Inc. (U.S.), and Voyager Therapeutics, Inc. (U.S.) to name a few.
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