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Spinal Cord Injury Market Size in 7MM is Anticipated to See a Significant Change | Major Companies- AbbVie, Nipro Corporation, Neurofix, and Others

April 5th, 2023 DelveInsight Business Research Releases

“The key driver for the surge in market size is the rise in number of cases of Spinal Cord Injury, rising geriatric population, and launch of novel upcoming drugs during the forecast period (2022-2032)”

The Spinal Cord Injury market report provides current treatment practices, Spinal Cord Injury emerging drugs, Spinal Cord Injury market share of the individual therapies, current and forecasted Spinal Cord Injury market Size from 2019 to 2032 segmented by seven major markets. The Report also covers current Spinal Cord Injury treatment practice/algorithm, Spinal Cord Injury market drivers, market barriers and unmet medical needs to curate the best of the opportunities and assesses the underlying potential of the Spinal Cord Injury market.

Key takeaways from the Spinal Cord Injury Market Research Report

  • According to DelveInsight, the Spinal Cord Injury market in 7MM is expected to witness a major change in the study period 2019-2032.
  • In 2022, total Spinal Cord Injury diagnosed cases in the US was assessed to be ~326,000 which is expected to increase in the forecast period.
  • Males are affected more as compared to females, in case of Spinal Cord Injury.
  • The leading Spinal Cord Injury Companies include StemCyte, Lineage Cell Therapeutics (NYSE: LCTX), Kringle Pharma, AbbVie (NYSE: ABBV), Nipro Corporation, ReNetX Bio, Inc., Neurofix, Eli Lilly and Company (NYSE: LLY), ICOS Corporation (NYSE: ICOS), Eusol Biotech Co Ltd, Moleac Pte Ltd., Kringle Pharma Inc, Acorda Therapeutics (NYSE: ACOR), Bayer, GlaxoSmithKline (NYSE: GSK), Pfizer (NYSE: PFE), and others.
  • Promising Spinal Cord Injury Pipeline Therapies include Denosumab (Prolia), pregabalin, Vardenafil (Levitra, BAY38-9456), Fampridine-SR, KP-100IT, NeuroAiD, ES135, tadalafil, and others.

Discover more about therapies set to grab major Spinal Cord Injury Market Share @ Spinal Cord Injury Market Size

Spinal Cord Injury Overview

Spinal cord injury (SCI) is a serious medical condition that causes the functional, psychological, and socioeconomic disorders. Long-term, secondary medical complications are common and play an important role in the continuum of care for patients with SCI. Complications are a frequent cause of morbidity and mortality and lead to increased rates of re-hospitalization, loss of employability, and decreased quality of life.

Spinal Cord Injury Epidemiology Segmentation in the 7MM

  • Total Spinal Cord Injury Cases
  • Spinal Cord Injury Gender-specific Cases
  • Spinal Cord Injury Cause-specific Cases
  • Spinal Cord Injury Diagnosed Cases
  • Total Spinal Cord Injury Cases at Neurological Level

Recent Developmental Activities in the Spinal Cord Injury Treatment Landscape

  • KP-100IT (Kringle Pharma) is an HGF that has been shown to exhibit a wide variety of physiological activities, not only as a mitogenic factor for liver cells but also as mitogenic, anti-apoptotic (cell death), morphogenic, and angiogenic factors for various other types of cells. Currently, the company is assessing KP-100IT in a Phase III clinical study in Subjects with acute spinal cord injury.
  • NEURO-CELLS (Neuroplast) are derived from the bone marrow of the patient itself. The company’s technology calls on the self-healing capacity of non-manipulated stem cells, that the body itself is unable to leverage for neurodegenerative conditions due to the blood brain barrier. The EU has granted stem cell specialist Neuroplast orphan disease designation for traumatic spinal cord injury and fast-track development pathway for traumatic spinal cord injury (TSCI). Currently, the company is conducting Phase II/III clinical study of NEURO-CELLS to assess its efficacy and safety in (sub)acute spinal cord injury patients.
  • ABT-555 (Abbvie) is a monoclonal antibody of the human immunoglobulin (Ig)G1 isotype that binds selectively to repulsive guidance molecule A (RGMa). ABT-555 (elezanumab) is being investigated to treat spinal cord injuries and acute ischemic stroke. RGMa is an inhibitor of axonal outgrowth and recognized as an important factor in inhibiting neuronal regeneration and functional recovery following central nervous system (CNS) damage. Elezanumab is being investigated to treat spinal cord injuries, multiple sclerosis and acute ischemic stroke. AbbVie has received orphan drug and fast track designations from the US FDA for ABT-555 (elezanumab) to treat spinal cord injury (SCI). Currently, the drug is being studied in Phase II clinical study to assess the safety and efficacy in acute traumatic cervical spinal cord injury.
  • MT-3921 (Mitsubishi Tanabe Pharma) is a novel humanized immunoglobulin G1 (IgG1) monoclonal antibody that binds to repulsive guidance molecule A(RGMa). In July 2021, the US FDA granted fast track designation to MT-3921 for the treatment of spinal cord injury. Currently, the company is assessing the efficacy and safety of MT-3921 in Phase II of clinical development in subjects with acute traumatic cervical spinal cord injury.
  • AST-OPC1 (Lineage Cell Therapeutics) is an oligodendrocyte progenitor cell therapy that is currently in a Phase I/IIa multicenter clinical trial for acute spinal cord injuries (SCI). OPC1 has received a regenerative medicine advanced therapy (RMAT) and from the FDA, which include accelerated programs intended to facilitate the development and review process, including early interactions with US FDA during clinical development and enhanced favorability for marketing approval. Recently, in March 2023, the company announced its plans for a Type B meeting with FDA to discuss about amendment to the IND application for OPC 1 enabling clinical testing of a novel spinal cord delivery system in the second quarter of 2023.

Download the report to understand which factors are driving Spinal Cord Injury Epidemiology Trends @ Spinal Cord Injury Epidemiological Insights

Spinal Cord Injury Market Dynamics

The Spinal Cord Injury market dynamics is anticipated to change in the coming years owing to the improvement in the diagnosis methodologies, raising awareness of the diseases, incremental healthcare spending across the world, and also expects the launch of emerging therapies during the forecast period of 2023–2032.     

Spinal Cord Injury Market Landscape

The landscape of Spinal cord injury (CSCI) management is quickly changing as the heterogeneity of patients, and long-term importance of key early interventions are increasingly being recognized. Combinatorial neuro-protective and neuroregenerative strategies are most likely to be effective moving forward given the multifaceted nature of the injury; however, this approach may require tailoring to specific patient subgroups. Overall, the rise in spinal cord injury patient population, increased funding by governmental bodies, and vigorous R&D activities are further expected to propel the SCI market during the forecast period (2023–2032).

To know more about Spinal Cord Injury Treatment options, visit @ Spinal Cord Injury Drugs

Spinal Cord Injury Emerging Drugs

  • Symptomatic therapies (nifedipine, anticholinergic medications, α-blockers, analgesics, nonsteroidal anti-inflammatory drugs, opioids etc.)
  • STEMIRAC (human [autologous] bone marrow derived mesenchymal stem cell): Nipro
  • ABT-555 (elezanumab): Abbvie
  • KP-100IT: Kringle Pharma

Spinal Cord Injury Key Companies

  • StemCyte, Lineage Cell Therapeutics
  • Kringle Pharma
  • AbbVie
  • Nipro Corporation
  • ReNetX Bio Inc.
  • Neurofix
  • Eli Lilly and Company
  • ICOS Corporation
  • Eusol Biotech Co Ltd
  • Moleac Pte Ltd
  • Kringle Pharma Inc
  • Acorda Therapeutics
  • Bayer
  • GlaxoSmithKline
  • Pfizer

Spinal Cord Injury Pipeline Therapies

  • Denosumab (Prolia)
  • pregabalin
  • Vardenafil (Levitra, BAY38-9456)
  • Fampridine-SR
  • KP-100IT
  • NeuroAiD
  • ES135
  • Tadalafil

Learn more about the Spinal Cord Injury Pipeline Therapies in clinical trials @ Spinal Cord Injury Treatment Market

Scope of the Spinal Cord Injury Market Research Report

  • Coverage- 7MM
  • Spinal Cord Injury Companies- StemCyte, Lineage Cell Therapeutics (NYSE: LCTX), Kringle Pharma, AbbVie (NYSE: ABBV), Nipro Corporation, ReNetX Bio, Inc., Neurofix, Eli Lilly and Company (NYSE: LLY), ICOS Corporation (NYSE: ICOS), Eusol Biotech Co Ltd, Moleac Pte Ltd., Kringle Pharma Inc, Acorda Therapeutics (NYSE: ACOR), Bayer, GlaxoSmithKline (NYSE: GSK), Pfizer (NYSE: PFE) and others.
  • Spinal Cord Injury Pipeline Therapies- Denosumab (Prolia), pregabalin, Vardenafil (Levitra, BAY38-9456), Fampridine-SR, KP-100IT, NeuroAiD, ES135, tadalafil, and others.
  • Spinal Cord Injury Market Dynamics: Spinal Cord Injury Market Drivers and Barriers
  • Spinal Cord Injury Market Access and Reimbursement, Unmet Needs, Future Perspectives

Discover more about Spinal Cord Injury Drugs in development @ Spinal Cord Injury Ongoing Clinical Trials Analysis

Table of Content

  1. Key Insights
  2. Executive Summary of Spinal Cord Injury (SCI)
  3. Competitive Intelligence Analysis for Spinal Cord Injury (SCI)
  4. Spinal Cord Injury (SCI): Market Overview at a Glance
  5. Spinal Cord Injury (SCI): Disease Background and Overview
  6. Patient Journey
  7. Spinal Cord Injury (SCI) Epidemiology and Patient Population
  8. Treatment Algorithm, Current Treatment, and Medical Practices
  9. Spinal Cord Injury (SCI) Unmet Needs
  10. Key Endpoints of Spinal Cord Injury (SCI) Treatment
  11. Spinal Cord Injury (SCI) Marketed Products
  12. Spinal Cord Injury (SCI) Emerging Therapies
  13. Spinal Cord Injury (SCI): Seven Major Market Analysis
  14. Attribute analysis
  15. 7MM: Spinal Cord Injury Market Outlook
  16. Access and Reimbursement Overview of Spinal Cord Injury (SCI)
  17. KOL Views
  18. Spinal Cord Injury Market Drivers
  19. Spinal Cord Injury Market Barriers
  20. Appendix
  21. DelveInsight Capabilities
  22. Disclaimer
  23. About DelveInsight

Get in touch with our Business executive @ Spinal Cord Injury Market Drivers and Barriers

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