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..
Key insights into market evolution with
AI-powered analysis. Explore trends, segmentation, and growth
drivers- View Free Sample PDF
Neuromuscular
Disease Therapeutics Market Scope
|
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.
Request Sample of our comprehensive
report now to stay ahead in the AI-driven market evolution!
Market Challenges
- Neuromuscular Disease Therapeutics: Overcoming Challenges in
Safety and Efficacy Neuromuscular diseases, including Multiple
Sclerosis, Epilepsy, and rare conditions, pose significant
challenges in therapeutic development. Ensuring safety and efficacy
in neuromuscular treatments is crucial, as these conditions affect
nerve impulses, muscles, and motor neurons, impacting patients'
quality of life. Orthopedics, critical care settings, and surgical
procedures require optimal muscle relaxation for successful
outcomes. However, temporary muscle paralysis and complications,
such as nerve damage during surgery and surgical sites infections,
can hinder progress. Healthcare infrastructure, expert analysis,
and regulatory frameworks are essential for advancing neuromuscular
disease therapeutics. Understanding patient epidemiology,
disease awareness, and medical settings is vital for developing
effective treatments. Pharmaceutical companies, medical technology
firms, and research collaborations are investing in drug
development for neuromuscular diseases. Pipeline analysis reveals
potential treatments for cardiovascular disease, oncology, and
paralysis. Government funding and support for research and
development are crucial for addressing the needs of the geriatric
population, pediatrics, and rare diseases. Personalized medicine,
precision medicine, and immunotherapy are emerging areas of
interest. Media coverage and public awareness campaigns can help
drive innovation and improve patient care. Intravenous
administration and topical applications are common methods of
neuromuscular disease therapeutics, with medical devices and gene
therapy offering additional possibilities. Unhealthy lifestyles and
chronic diseases, such as obesity and diabetes, can contribute to
neuromuscular conditions. Addressing these underlying causes is
essential for improving patient outcomes and overall
healthcare.
- The neuromuscular disease therapeutics market currently offers
treatments that only alleviate symptoms of neuromuscular diseases,
which necessitates long-term administration of drugs. This results
in significant economic burden for patients and their families. One
such treatment is SPRINZA, approved for spinal muscular
atrophy patients in both pediatric and adult populations.
Administered via spinal cord injection, SPRINZA enhances the
production of survival motor neuron protein, promoting motor neuron
survival. However, the high cost of SPRINZA, with an initial dose
of USD750,000 and an annual cost of
USD375,000, adds to the financial
strain.
Discover how AI is revolutionizing market
trends- Get your access now!
Segment Overview
This neuromuscular disease therapeutics market report
extensively covers market segmentation by
- End-user
- 1.1 Hospitals
- 1.2 Clinics
- 1.3 Others
- Type
- 2.1 Biologics
- 2.2 Small molecules
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
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.
Download a Sample of our
comprehensive report today to discover how AI-driven innovations
are reshaping competitive dynamics
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 Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Type
-
- Biologics
- Small Molecules
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 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 Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/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-302362565.html
SOURCE Technavio