Overview
Ataxia is a neurological disorder in which the brain does not function properly. It is an inability to control movement. The symptoms of ataxia vary from person to person, and a physician will use a variety of diagnostic tests to confirm the diagnosis. Ataxia can be difficult to diagnose, but with prompt medical care, it can be treated. Friedreich’s ataxia (FA) is the most common form of hereditary ataxia. Genetic engineering has overcome the cardiac effects of FA in a mouse model. Developing therapies for Friedreich ataxia may require a new animal model, but existing animal models can help define the cellular defects associated with the disease. These models are crucial research tools for finding new treatments.
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Competitive Landscape
Major companies contributing to the global ataxia market include Intellia Therapeutics, Inc., Healx, Larimar Therapeutics, Inc., Merck & Co., Inc., Capsida Biotherapeutics Inc., Acorda Therapeutics, CRISPR Therapeutics, Pfizer, Inc., Allergan, GlaxoSmithKline plc, Bio-Techne, Cellectis SA, H. Lundbeck A/S, Sanofi, bluebird bio, Inc., and Editas Medicine.
Drivers
Growing cases of ataxia in parallel to the accelerated approval pathways as a result of the improving efficacy rate of ataxia therapeutics is expected to foster growth of the ataxia market throughout the forecast period.
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In addition to this, the increasing prevalence of depression, sedentary lifestyles, and growing alcohol consumption are expected to supplement the growth of the ataxia market during the forecast period.
The Epitome of the COVID-19 Debacle
The outbreak of the COVID-19 virus has paved the way for new, exciting opportunities in the global ataxia market. The pandemic-driven halt of manufacturing facilities combined with social distancing measures has instigated a large portion of the global population to stay indoors. Factoring into this parable, the incidence of depression and suicides soared due to travel bans and an increasing unemployment rate, thus, broadening the scope of the market.
Key Takeaways
- The ataxia market is anticipated to grow at a CAGR of 9.4 % during the forecast period owing to the increasing product launches, rising research activities, and growing awareness over this condition. For instance, in November 2021, a research team at the University of California, Irvine, revealed the results of their study, concluding that there is a correlation between increasing DNA damage and DNA repair in patients suffering from spinocerebellar ataxia type 7 (SCA7).
- From a geographical standpoint, the North American region is at pole position in the global ataxia market on the heels of increasing occurrences of spinocerebellar ataxia and increasing approval of several therapeutics.
- In the runner-up spot, the European region is another hot contender for the global ataxia market on account of growing cases of episodic ataxia and increasing government support.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Treatment Type
- Market Snippet, By Disease Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Pipeline Analysis
- PEST Analysis
- Regulatory Scenario
- Market Trends
- Key Highlights
- Reimbursement Scenario
- Mergers & Acquisitions
- Market Dynamics
- Global Ataxia Market โ Impact of Coronavirus (Covid-19) Pandemic
- Economic Impact
- Impact on Clinical Trials and Drug Development
- Government Initiatives
- Global Ataxia Market, By Treatment Type, 2017 โ 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 โ 2028
- Segment Trends
- Pharmacotherapy
- Levodopa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Pramipexole
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Desvenlafaxine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Venlafaxine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Others (Acetazolamide, Scopolamine, Buspirone, Tizanidine, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Physical Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Speech Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Others (Adaptive Devices and Occupational Therapy)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Levodopa
- Introduction
- Global Ataxia Market, By Disease Type, 2017 โ 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 โ 2028
- Segment Trends
- Friedreich’s Ataxia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Ataxia-telangiectasia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Spinocerebellar Ataxias
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Episodic Ataxia
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Others (Multiple System Atrophy (MSA))
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Introduction
- Global Ataxia Market, By Distribution Channel, 2017 โ 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 โ 2028
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 โ 2028, (US$ Mn)
- Introduction
- Global Ataxia Market, By Region, 2017 โ 2028, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2018โ2028
- North America
- Market Size and Forecast, By Treatment Type, 2017 โ 2028, (US$ Mn)
- Market Size and Forecast, By Disease Type, 2017 โ 2028, (US$ Mn)
- Market Size and Forecast, By Distribution Channel, 2017 โ 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2017 โ 2028, (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
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- Brazil
- Mexico
- Argentina
- Rest of Latin America
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- Europe
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- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
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- Middle East
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- GCC
- Israel
- Rest of Middle East
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- Africa
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- South Africa
- Central Africa
- North Africa
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