Global Cerebral Palsy Market: Overview
Cerebral palsy is referred to a group of neurological disorders that mainly affect the development of the brain in children and it appears during early childhood or infancy. Chronic palsy is a non-progressive chronic brain disorder that affects muscle movements, is not caused due to muscle or nerve disability. Some of the common disorders that occur due to cerebral palsy include ataxia which is characterized by lack of muscle coordination while carrying out of voluntary movements, spasticity which causes stiff muscles and exaggerated reflexes, leg dragging or walking with only one foot, a scissored or crouched gait.
Some of the major driving factors of the global cerebral palsy market include the increasing prevalence of infections during pregnancy that might damage the developing nervous system of a fetus, a rise in the number of genetic disorders related to cerebral palsy, and an increasing need of the population to opt for the sophisticated treatment options.
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Global Cerebral Palsy Market: Key Segmentations
The global cerebral palsy market can be segmented on the basis of the types of palsy, including spastic cerebral palsy, dyskinetic cerebral palsy, ataxic cerebral palsy, hypotonic cerebral palsy, and mixed cerebral palsy. Based on treatments, the global cerebral palsy market can be segmented into medications and surgery. The former can be further divided into muscle relaxants such as baclofen, diazepam, and botulinum toxin, and certain anticholinergics such as benztropine and glycopyrrolate that are specifically used to treat uncontrolled body movements. Surgery in the global cerebral palsy market includes orthopedic surgery for muscles, tendons and joints, and selective dorsal rhizotomy for mobility problems.
The common symptoms of cerebral palsy are skin irritation, a shrill cry, feeding and swallowing difficulties, the baby being unable to hold up its own head, poor muscle control, and unusual postures. Drug developers are continuously conducting clinical trials of different drug molecules that could prove to be effective in the treatment of this disorder in the future.
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Global Cerebral Palsy Market: Regional Analysis
Geographically, the global cerebral palsy market can be segmented into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America. North America was the leading region in the global cerebral palsy market followed by Europe, for 2016. Key factors responsible for their dominance in the included a higher rate of abnormal birth that were recognized by the healthcare industry, the availability of advanced healthcare facilities, and a high healthcare expenditure that promotes a faster rate of research and development. At the same time, emerging economies from Asia Pacific, The Middle East, Latin America, and Africa currently present huge growth opportunities for players from the global cerebral palsy market. A lot of these regions show an easier rate of market penetration by global players, an increasingly favorable reimbursement scenario, and the speedy development of healthcare infrastructure.
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Global Cerebral Palsy Market: Companies Mentioned in the Report
Some of the leading players in the global cerebral palsy market in terms of therapeutic drugs and pipeline drugs for 2016, included Acorda Therapeutics, Inc., Allergan, Inc., Cellular Biomedicine Group, Inc., Cell Cure Neurosciences, Ltd., CHA Bio & Diostech Co., Ltd., K-Stemcell Co., Ltd., and Neuralstem, Inc.
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