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Neuromuscular Disease Therapeutics Market to grow by USD 13.73 Billion (2025-2029), novel approvals for neuromuscular treatments boost growth, AI-powered market evolution - Technavio

Wednesday, January 29, 2025 Corporate News
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NEW YORK, Jan. 28, 2025

NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global neuromuscular disease therapeutics market size is estimated to grow by USD 13.73 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.6% during the forecast period. Novel approvals for neuromuscular disease therapeutics is driving market growth, with a trend towards technological advances in neuromuscular disease therapy. However, high cost of neuromuscular disease therapeutics on patients poses a challenge. Key market players include AbbVie Inc., Aquestive Therapeutics Inc, argenx SE, AstraZeneca Plc, Biogen Inc., CuraVac, F. Hoffmann La Roche Ltd., Grifols SA, Merck and Co. Inc., Nippon Shinyaku Co. Ltd., Novartis AG, Pfizer Inc., Roivant Sciences Ltd., Santhera Pharmaceuticals Holding AG, Sarepta Therapeutics Inc., and Takeda Pharmaceutical Co. Ltd..
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Neuromuscular Disease Therapeutics Market Scope
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Report Coverage

Details

Base year

2024

Historic period

2019 - 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 14.6%

Market growth 2025-2029

USD 13727.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.6

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 44%

Key countries

US, Germany, UK, China, Canada, France, Japan, India, Italy, and South Korea

Key companies profiled

AbbVie Inc., Aquestive Therapeutics Inc, argenx SE, AstraZeneca Plc, Biogen Inc., CuraVac, F. Hoffmann La Roche Ltd., Grifols SA, Merck and Co. Inc., Nippon Shinyaku Co. Ltd., Novartis AG, Pfizer Inc., Roivant Sciences Ltd., Santhera Pharmaceuticals Holding AG, Sarepta Therapeutics Inc., and Takeda Pharmaceutical Co. Ltd.

Market Driver

Neuromuscular Disease Therapeutics Market: Trends and Insights The Neuromuscular Disease Therapeutics Market is witnessing significant growth due to the increasing focus on safety and efficacy in nerve impulse transmission. Orthopedics and critical care settings are key areas of application, with a growing need for optimal muscle relaxation in medical settings. The pipeline analysis reveals a strong focus on nerve impulses, motor neurons, and the neuromuscular junction, with ongoing research in oncology, cardiovascular disease, paralysis, and epilepsy. The geriatric population and surgical procedures in surgical settings are major patient epidemiology drivers. Complications from surgery and surgical sites are a concern, and the regulatory framework is crucial for ensuring surgical outcomes. Research and development is a top priority, with collaborations between healthcare infrastructure, expert analysis, and media coverage driving innovation. Drug development for chronic diseases like neuromuscular diseases, multiple sclerosis, and epilepsy is a key trend. Pharmaceuticals, medical technology, and personalized medicine are all playing a role in improving quality of life for patients. Government funding and support for rare diseases and immunotherapy are also driving growth in this market. Unhealthy lifestyles and unmet medical needs are creating opportunities for topical applications and intravenous administration. The market for neuromuscular disease therapeutics is expected to continue growing, driven by disease awareness, research collaborations, and advancements in medical technology. 

The neuromuscular disease therapeutics market is experiencing significant growth due to technological advancements driving research and development of novel therapies. Vendors focus on regenerative treatments, such as antisense therapy using oligonucleotides, gene therapies, and cell therapies, to address the inadequacy of non-disease-modifying drugs. However, large-scale manufacturing and development costs pose a challenge for gene therapies. Companies are investing in these innovative treatments to cater to the unmet medical needs in neuromuscular diseases. 

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Market Challenges

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Segment Overview

This neuromuscular disease therapeutics market report extensively covers market segmentation by

1.1 Hospitals- The global neuromuscular disease therapeutics market is primarily driven by hospitals as the largest end-users, accounting for a significant market share in 2024. Hospitals serve as the primary locations for neuromuscular disease treatments and patient care. Notable diseases treated in hospitals include spinal muscular atrophy (SMA), which is addressed through gene therapy (Zolgensma) and drugs (nusinersen and risdiplam). The increasing global incidence of neuromuscular diseases, such as SMA, affecting approximately 1 in 10,000 people annually, and amyotrophic lateral sclerosis (ALS), particularly in the US, fuels hospital visits for diagnostics and pain management. Consequently, the growing patient base and subsequent demand for neuromuscular disease therapeutics will continue driving market expansion during the forecast period.

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Research Analysis

The Neuromuscular Disease Therapeutics market encompasses various aspects of treating neurological disorders, including anesthesia, drug development, medical devices, and perioperative care. Anesthesia plays a crucial role in managing pain and ensuring optimal health outcomes during surgical procedures. General anesthesia and regional anesthesia have distinct advantages in different clinical scenarios. Drug development for neuromuscular diseases involves extensive clinical trials to evaluate safety, efficacy, and drug interactions. Healthcare technology advances have led to improved perioperative care, critical care medicine, and neurological rehabilitation. Neurological disorders, such as Parkinson's Disease, Alzheimer's Disease, and Huntington's Disease, require innovative treatments and approved therapies to address cognitive decline, motor symptoms, and neurological surgery. Biomarkers and neurological imaging are essential tools in diagnosing and monitoring disease progression. Neurological specialists employ evidence-based medicine and clinical practice guidelines to provide quality care in emergency medicine and intensive care unit settings. Pharmacology and neurological surgery are integral components of treating neurological disorders, with a focus on minimizing adverse effects and optimizing postoperative recovery. Neurodegenerative diseases necessitate ongoing medical research to discover new treatments and improve healthcare innovation.

Market Research Overview

Neuromuscular Disease Therapeutics Market: Overview Neuromuscular diseases refer to a group of chronic conditions that affect the nerves, muscle function, and the junction where they meet. These diseases can lead to muscle weakness, paralysis, and impaired nerve impulses. The neuromuscular disease therapeutics market caters to the development of treatments for various conditions, including critical care settings, orthopedics, epilepsy, multiple sclerosis, oncology, and paralysis. Safety and efficacy are paramount in neuromuscular disease therapeutics. These therapies are designed to optimize muscle relaxation, improve surgical outcomes, and manage complications in medical settings. The market encompasses a range of treatments, from intravenous administration to topical applications, and includes medical devices and pharmaceuticals. The neuromuscular disease therapeutics market is influenced by various factors, including disease awareness, research collaborations, regulatory framework, and government funding. The geriatric population, adults, and pediatrics are significant patient populations, with unhealthy lifestyles and surgical procedures contributing to the disease burden. The market landscape is diverse, with ongoing research in areas such as personalized medicine, precision medicine, immunotherapy, and gene therapy. Neuromuscular diseases are complex chronic conditions, and ongoing efforts to improve quality of life and surgical outcomes are critical. The neuromuscular disease therapeutics market is subject to regulatory oversight and stringent safety and efficacy requirements. The pipeline analysis of potential treatments is ongoing, with a focus on addressing complications, improving surgical conditions, and addressing the needs of specific patient populations. In summary, the neuromuscular disease therapeutics market is a dynamic and evolving landscape, driven by the need to address the complexities of neuromuscular diseases and improve patient outcomes. The market encompasses a range of treatments, from pharmaceuticals to medical devices, and is influenced by various factors, including disease awareness, research collaborations, regulatory framework, and government funding.

Table of Contents:

1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation

7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/



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SOURCE Technavio
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