Global periodic paralysis treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global periodic paralyzes treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Periodic Paralysis Treatment Market is growing at a steady CAGR in the forecast period of 2019-2026. Increasing research and development expenses and high demand of novel therapies are some factors fueling the market growth. Few of the major competitors currently working in the global periodic paralyzes treatment market are Strongbridge Biopharma plc, Sun Pharmaceutical Industries Ltd, Heritage, Mylan N.V., Zydus Cadila, Alembic Pharmaceuticals Limited, Teva Pharmaceutical Industries Ltd, X-GEN Pharmaceuticals, Inc and others.
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Global Periodic Paralyzes Treatment Market By Types (Hypokalemic Periodic Paralysis, Hyperkalemic Periodic Paralysis, Thyrotoxic Periodic Paralysis, Andersen-Tawil Syndrome), Drugs (Beta-Blockers, Carbonic Anhydrase Inhibitor and Others), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retailers and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Periodic Paralysis is a rare inherited neuromuscular disorders characterized by occasional episodes of muscle weakness, stiffness or paralysis. These attacks can last for few seconds to few days depending on their type. It occurs when there is defect in the electrical-chemical communications between nerve cells and skeletal muscles when this occurs skeletal muscles are unable to respond to nerve signals resulting in temporary weakness or paralytic attacks.
According to the statistics published in the American Association of Neuromuscular & Electro diagnostic Medicine, it is estimated 3 in every 200,000 people are affected by primary periodic paralysis. It affects both male and female equally. Increased access to novel treatment options for conditions that previously have been untreated or treated by traditional medications and therapies and high finance in research and development are the key factors for market growth.
- Lack of physical activity and adoption of unhealthy lifestyle is driving the market growth
- Joint ventures by pharmaceuticals companies for the advancement of treatment is boosting the market growth
- High specific demand of novel treatment is accelerating the market growth
- Huge financial support to the researchers for developing novel intervention is enhancing the market growth
- Limited availability of medicinal treatment options due to low prevalence of periodic paralysis is restraining the market growth
- Fewer approvals of drugs from the regulatory authorities is hindering the market growth
- Lack of trained personnel and stringent safety regulations is hampering the market growth
Insights of the Market in Report
1. The study provides an in-depth analysis of the Periodic Paralyzes Treatment market along with the current trends and future estimations to elucidate the imminent investment pockets.
2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
3. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2025 to assist stakeholders to capitalize on the prevailing market opportunities.
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of Periodic Paralyzes Treatment across Glob.
5. Key market players and their strategies have been provided to understand the competitive outlook of the Periodic Paralyzes Treatment industry
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Key Developments in the Market:
In December 2016, Strongbridge Biopharma plc has acquired U.S. commercialization rights for Keveyis from Taro Pharmaceutical Industries Ltd (a subsidiary of Sun Pharmaceutical Industries Ltd) for the treatment of periodic paralysis. Under the terms of agreement, Taro Pharmaceutical Industries Ltd to receive an upfront payment of USD 8.50 mm and is also eligible to receive additional future payments upon the achievement of certain sales unit milestones. The acquisition of U.S. rights expands company’s rare disease portfolio to include neuromuscular diseases.
In August 2015, Taro Pharmaceutical Industries Ltd received approval from the FDA for Keveyis (dichlorphenamide), oral carbonic anhydrase inhibitor for the treatment of primary hyperkalemic periodic paralysis, primary hypokalemic, periodic paralysis, and related variants. The FDA approval of Keveyis is most awaited, new, effective treatment option for many years to the patients suffering from periodic paralysis.
Segmentation: Global Periodic Paralyzes Treatment Market
The current trend pertaining to the demand supply and sales together with the recent developments have been given here to provide an exhaustive picture of this market. It also allows voluntarily accessible affordable reports of the research that is the end result of the personalized research carried by the internal team of professionals.
To comprehend Global Periodic Paralyzes Treatment market dynamics in the world mainly, the worldwide Periodic Paralyzes Treatment market is analyzed across major global regions.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Reasons to Purchase this Report
- Current and future of global periodic paralyzes treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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