Stratistics MRC’s Global Autism Spectrum Disorder Treatment Market value is expected to reach $4.3 billion growing at a CAGR of 9.9% during 2023-2030.
A developmental condition brought on by variations in the brain is known as autism spectrum disorder (ASD). Some individuals with autism spectrum disorder (ASD) have a recognized distinction, like a genetic illness. Additional causes are still unknown. The most typical ways that people develop are thought to be altered by a number of reasons that contribute to autism spectrum disorder (ASD), according to scientists. Asperger’s syndrome, autistic disorder, and pervasive developmental disorder (PDD) are all included in the category of autism spectrum disorder (ASD).
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The Asia Pacific region witnessed highest CAGR in the Autism Spectrum Disorder Treatment market, driven by its large and diverse population, increasing awareness, and growing healthcare infrastructure. The region’s rising prevalence of ASD cases has prompted a growing demand for effective interventions, creating opportunities for research, innovation, and investment in treatment approaches. Access to telehealth and digital platforms is expanding, aiding in providing remote support and therapies.
Some of the key players in Autism Spectrum Disorder Treatment market include Curemark, LLC, Eli Lilly and Company, Bristol-Myers Squibb Company, Alembic Pharmaceuticals Limited, Aurobindo Pharma Ltd., Merck & Co., Inc., Axial Therapeutics Inc., Novartis AG., F. Hoffmann-La Roche Ltd, Otsuka Pharmaceutical Co., Ltd., PaxMedica, Janssen Pharmaceuticals, Inc., Johnson & Johnson Services Inc., Pfizer Inc., Q BioMed Inc., Stalicla, Teva Pharmaceutical Industries Ltd., Yamo Pharmaceuticals and Zynerba Pharmaceuticals, Inc.
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Key Developments:
In December2022, Bened Life released the first gut-brain medical probiotic, Neuralli. Made in the United States and utilizing the patented probiotic strain L. plantarum PS128, Neuralli is designed to promote mental health and support neurological conditions including but not limited to Parkinson’s disease (PD) and autism spectrum disorder (ASD).
In October2022, STALICLA, a Swiss clinical-stage biotech company leading omics-based drug development for patients with neurodevelopmental disorders (NDDs), reported the highly successful completion of the phase 1b trials for its lead drug candidate STP1.
In February 2022,Axial Therapeutics announced that the company has received clearance from the US Food and Drug Administration (FDA) for its Investigational New Drug (IND) application for their lead candidate AB-2004, a molecular therapeutic targeting the gut is being studied for the treatment of irritability associated with ASD.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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