The Global Cerebral Palsy Treatment Market size was valued US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of 3.2% during the forecast period (2022-2029).
Cerebral Palsy (CP), often known as “cerebral diplegia,” is a collection of non-progressive, chronic illnesses marked by stiffness and mobility disability. It arises when the brain does not develop normally in the womb or due to a post-natal injury. Cerebral Palsy can affect motor function in all four limbs, resulting in balance issues, muscular contracture, coordination issues, and other neurological symptoms such as trouble managing stress levels, among other things. Although there is no cure for this ailment, therapies can help you manage it better. Surgical therapy, medicine, nutrition therapy, and other therapies such as psychiatric therapies are therapeutic choices. Corpus callosotomy, hemispherectomy, and laminectomy are some of the neurosurgical techniques used to treat epilepsy. Anticonvulsants such as phenytoin, carbamazepine, and valproic acid are among the medications used.
Cerebral palsy diagnosis entails developmental monitoring, which involves tracking the patient’s development over time, and developmental screening, which entails administering a short test to determine whether the patient has any developmental delays, such as movement or motor skill delays. If the doctor discovers any discrepancies, referrals for further evaluations are made. Intervention services, such as specialized government–NGO collaboration plans, are also part of the treatment process. Increased incidences of cerebral palsy and related chronic diseases, combined with growing awareness of advanced therapeutics for rapid treatment, are expected to drive cerebral palsy treatment market growth in the coming years.
The increase in prevalance of premature births will drive the market growth
A rise in cerebral palsy cases can be attributed to various factors, including premature birth or low birth weight, multiple childbirths, and the occurrence of infectious diseases during pregnancy. Every year, an estimated 15 million babies are born prematurely. More than one out of every ten babies falls under this category. Each year, around 1 million children die due to preterm delivery problems. Many survivors may live with difficulties for the rest of their lives, including learning challenges and vision and hearing issues.
Furthermore, the mother’s health conditions, such as thyroid disease, seizures, intellectual disability, and so on, can cause cerebral palsy in the child. The rapid growth of the cerebral palsy treatment market can be attributed to an increase in the incidence of cerebral palsy and an increase in parental awareness of cerebral palsy complications, and the availability of various treatment options in the market. According to the Center for Disease Control and Prevention, 1.5 to 4 out of every 1000 children in the United States have cerebral palsy. The disorder is caused primarily by abnormal development or damage to the parts of the brain that control movement, posture, and balance. Cerebral palsy is most commonly seen before birth; however, complications can occur during childbirth or shortly after birth. Methylmercury exposure during pregnancy, preterm birth, infections during pregnancy — rubella, German measles, toxoplasmosis, and herpes simplex — difficulties in delivery, asphyxia neonatorum, and intracranial hemorrhage are all risk factors for this condition.
Increased healthcare spending from both government and private-sector sources, as well as a rising trend toward new age technologically integrated healthcare processes, are likely to propel the market for cerebral palsy treatment drugs forward. This trend is more likely to be seen in regions where purchasing power parity increases. The market for cerebral palsy therapy is expected to grow even faster as the need for additional research and development investments in the pharmaceutical industry grows.This contributes to the growth of the global cerebral palsy treatment market.
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By Drug Type
- Muscle relaxants
By Disease Type
- Spastic Cerebral Palsy Treatment
- Dyskinetic Cerebral Palsy Treatment
- Ataxic Cerebral Palsy Treatment
- Mixed Cerebral Palsy Treatment
The cerebral palsy treatment market is fiercely competitive, with several main players. Few big firms currently dominate the market in terms of market share. Several companies have been identified to be investing in their R&D to develop unique and sophisticated therapeutic medications for cerebral illnesses. As a result, shortly, the industry will be driven by research and development of highly effective pharmaceutical medications with few or no adverse effects. The companies also use organic growth techniques such as new releases, product approvals, and others such as patents and events. Some of the key players which are contributing to the growth of the market include Allergen Plc, Dr. Reddy Laboratories, Sun Pharmaceuticals Industries Ltd, Viatris , Scortis Pharma Ltd, Lupin Pharmaceutical ,GlaxoSmithKline , Janssen Pharmaceuticals Inc, Pfizer.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the cerebral palsy treatment market globally. For instance October 2019, BOTOX® (onabotulinumtoxinA) had been approved by the FDA for pediatric patients with lower limb spasticity, excluding spasticity caused by Cerebral Palsy.
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