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Cerebral palsy is defined as a group of disorders that affect muscle movement and coordination, which in many cases, impairs vision, hearing, sensation and others senses. Cerebral palsy is a congenital disorder of movement, muscle tone or posture and can affect a person’s posture, balance and ability to move, communicate, eat, sleep and learn. According to the Centre for Disease Control 1 to 4 out of every 1,000 children across the globe are affected by cerebral palsy, thereby creating a strong demand for diagnosis, and treatment for the condition which will drive growth for Cerebral Palsy Treatment Market.

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Competitive Overview:

Allergen Plc, Cellular Biomedicine Group, Merck & Co., Inc., Pfizer, Inc., GlaxoSmithKline Plc, Abbott Laboratories, Acorda Therapeutics, Inc., Medtronic, Meridigen Biotech Co., Ltd., GW Pharmaceuticals Plc, and Cell Cure Neurosciences Ltd. are some of the key players in the global Cerebral Palsy Treatment Market.

Segmentation

The Cerebral Palsy Treatment Market has been segmented into type, diagnosis, and treatment.

On the basis of type, Cerebral Palsy Treatment Market has been segmented into hypotonic cerebral palsy, spastic cerebral palsy, ataxic cerebral palsy, dyskinetic cerebral palsy, and mixed cerebral palsy.

By diagnosis, CP market segmentation includes imaging tests and others. The imaging tests segment has been further classified into computed tomography, magnetic resonance imaging (MRI), cranial ultrasound, and electroencephalogram.

Based on treatment, Cerebral Palsy Treatment Market has been segmented into therapy, medication, surgery, and others. 

Regional Market Summary

Geographically, the Americas region is anticipated to dominate the global Cerebral Palsy Treatment Market owing to a well-developed healthcare sector, rising prevalence of cerebral palsy and growing healthcare expenditure. Additionally, favorable reimbursement scenario in this region and a relatively large number of research and development (R&D) activities contributes to the growth of the market.

Europe is expected to hold the second largest position in the global Cerebral Palsy Treatment Market. The market growth in this region is attributed to the growing prevalence of cerebral palsy, availability of funds for research, and increasing healthcare expenditure. According to the data stated by the National Institute for Health and Care Excellence (NICE) in 2017, in the UK, it is estimated that 1 in 400 babies are born with cerebral palsy. It also stated that approximately 1,800 children diagnosed with CP each year.

The Cerebral Palsy Treatment Market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. Asia-Pacific is anticipated to be the fastest growing region in the market due to the presence of a huge patient population, continuously developing economies, rising prevalence of cerebral palsy and increasing government funding for the healthcare sector.

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Market Highlights

Facial paralysis is a restriction of the facial movement due to nerve damage. Facial nerve paralysis is characterized by unilateral facial weakness. Some other symptoms include loss of taste, hyperacusis, and decreased salivation and tear secretion.

The global Facial Paralysis Treatment Market is expected to register a CAGR of 6.5% during the forecast period.

Key Players

Some of the key players in the Facial Paralysis Treatment Market are, Boston Scientific, BioControl Medical, Cerebomed, Cyberonics, Astellas Pharma Inc., Sucampo Pharmaceuticals, Inc., and Novartis AG, among others.

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Segmentation

The global Facial Paralysis Treatment Market is segmented on the basis of treatment, diagnosis, type, and end-user.

On the basis of type, the market is segmented into, Ramsay Hunt Syndrome, Bell’s Palsy, and Lyme Disease.

On the basis of diagnosis, the market is segmented into electromyography, computerized tomography, and magnetic resonance imaging.

 On the basis of treatment, the market is segmented into medications, physical therapy, and surgery.

 On the basis of medication, the market is further sub-segmented into corticosteroids and antiviral drugs. 

On the basis of end-user, the market is segmented into hospitals and clinics, specialty centers, and research centers.

Regional Analysis

The Americas dominates the global Facial Paralysis Treatment Market owing to increasing cardiovascular disorders, which eventually leads to the increasing patient population. Additionally, increasing cardiovascular disorder rate is likely to enhance the growth of facial paralysis in the North American region. According to the American Heart Association, 31% of the deaths in the U.S. were due to cardiovascular disorders. Similarly, in 2015, around USD 3.2 trillion were spend in healthcare expenditure in the U.S according to the Center for Disease Control and Prevention. Similarly, in 2015, 1.3% of the U.S. adults were diagnosed with inflammation of facial nerves.

Europe accounts for the second largest market due to increasing cardiovascular disorders and increasing infections. Additionally, the increasing government support and improving healthcare infrastructure along with increasing facial inflammations are driving the growth of the Facial Paralysis Treatment Market in Europe. For instance, Eurostat estimated that over 19.2% of the population in Europe was aged 65 and above. This increasing older population is likely to lead to the increasing patient population. These factors are likely to drive the growth of the Facial Paralysis Treatment Market.

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Overview:

The global market for the gout market is showing notable potential to record an 8.4% CAGR between 2017 and 2023, which has been marked as the forecast period by Market Research Future (MRFR) in the published report. The report also includes several factors that can make sure the market would grow in the coming years. Gout can be described as a type of arthritis, which is caused by higher uric acid levels in the blood. The disease can be triggered by high blood pressure, high cholesterol, and medications that can spike the presence of uric acid in the blood. Obesity, diet containing a high amount of red meat, consumption of alcohol and smoking can trigger symptoms of gout. 

The market is getting better thrust from factors like growing elderly population, transforming lifestyle that includes more sedentary time, advents of better treatment facilities, and government initiatives. However, lack of awareness can make this growth daunting in the coming years. 

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Competitive Landscape:

The gout market size is having a strong influx of various new players who are giving tough competition to the existing market bigshots. These players are launching their own types of market strategies to make sure that they get good mileage from the market. Their strategic moves often include mergers, new launches, acquisitions, investment, and others. MRFR got these changes recorded in the report to get a closer view of how the market is shaping up. These players are Savient Pharmaceuticals, Takeda Pharmaceutical Company Ltd. Merck & Co. Inc., AstraZeneca plc, Astellas Pharma Inc., Ardelyx, Inc., and Novartis AG. 

Segmentation:

The global gout market, as the reports of MRFR suggests, can be studied on the basis of an expert segmentation that includes end-user, treatment, type, and diagnosis. The report focuses on achieving insights from the market and that has initiated a detailed review of each segment. 

By type, the report on the gout market can be segmented into tophaceous gout and pseudogout. Both these segments are known for their impact on the market and revenue-generation. 

By treatment, the gout market report can be segmented into medications and self-care. The medication segment includes Probenecid, Allopurinol, Febuxostat, Diclofenac, Indomethacin, and Ibuprofen. The self-care segment is getting acknowledged by patients across the world.

By diagnosis, the market report on the gout industry can be segmented into blood tests, MRI, X-ray, ultrasound, urine test, CT scan, and others. Growing demand for early diagnosis is expected to set up a significant scope for these tests to fetch high income. 

By the end-user, the market report on the gout industry comprises specialty centers, hospitals, and homecare. The home care segment is witnessing a surge as an increasing number of people are opting for the self-care segment. 

Regional Analysis:

The North American gout market has a notable chance of making progress in the coming years. The regional market is known for its high expenditure for the research and development sector, which is triggering an increasing number of medicines that are getting launched every year. Major countries inspiring changes are the US and Canada. The regional number of smokers is also quite high, which, along with the high number of geriatric population, can trigger the expansion of the gout market. High number of obese people can also open up spaces for such diseases. 

Europe’s market is the second-highest as the regional awareness regarding gout-related problems is quite high. This is getting fostered by the rising number of elderly people. Advanced treatment facilities are also getting introduced owing to which a lot of people are showing interest in getting their disease healed. This is also getting bolstered by a rising amount of investment. 

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May 2 '22 · 0 comments · Tags: gout market size
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