Summary
The global Paediatric Spasticity Treatment Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
There are several treatments for pediatric spasticity, including physical therapy, medication, and surgery. Physical therapy is an effective form of treatment for pediatric spasticity. Physical therapy focuses on strengthening and stretching the muscles, while medical treatments include medications such as Baclofen, Dantrolene, Diazepam, and Clonazepam. While these treatments are effective, they can lead to significant side effects. Neurosurgery can also be used to treat severe spasticity. Spasticity is a neurological condition in which muscles are unable to control their tone and movement. Children with spasticity can experience muscle stiffness, pain, and spasms, as well as contractures. The symptoms of spasticity can interfere with a child's quality of life and negatively impact their physical development.
Drivers
In the near future, the global pediatric spasticity treatment market will be driven by rising awareness and increased research and development for medication development. For instance, according to the American Association of Neurological Surgeons, there are roughly 12 million people worldwide who suffer from spasticity, with spasticity affecting over 80% of those affected.
Over the forecast period, changing lifestyles, creating new and innovative technologies, and increasing healthcare infrastructure are likely to drive the global pediatric spasticity treatment market.
Restraints
The global pediatric spasticity treatment market is projected to be constrained by a lack of illness awareness in emerging markets, generally high treatment costs, tight government regulations, and unfavorable reimbursement.
Regional Insights
Owing to its growing population, aging population, an increasing number of screening procedures, presence of prominent manufacturers, and technical advancements, North America dominates the global pediatric spasticity treatment market.
Due to greater awareness of antibiotic resistance and increasing healthcare expenditure in the area, Europe is expected to witness significant growth in the global pediatric spasticity treatment market.
Competitive Landscape
- Major companies contributing to the global pediatric spasticity treatment market include Roche, Ipsen Biopharmaceuticals, Saol Therapeutics, Allergan, US WorldMeds, Almirall, and Sanofi.
- In February 2022, according to a study conducted by the National Heart, Lung, and Blood Institute (NHLBI), COVID-19 patients are less likely to develop pulmonary embolism and deep venous thrombosis after receiving anticoagulation with direct oral anticoagulants.
The Paediatric Spasticity Treatment Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Paediatric Spasticity Treatment Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Allergan
- Ipsen Biopharmaceuticals
- Almirall
- Roche
- Sanofi
- Saol Therapeutics
- US WorldMeds
By the Product Type, the market is primarily segmented into:
- Drug Treatment
- Surgical Treatment
By Applications, the market is segmented into:
- Hospital
- Clinic
- Emergency Surgical Center
- Others
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Paediatric Spasticity Treatment Market Report:
- To assess the size of the market by value and volume
- Analyze the Paediatric Spasticity Treatment Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine the share of the Paediatric Spasticity Treatment Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state–of–the–art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Paediatric Spasticity Treatment Market
The Paediatric Spasticity Treatment Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Paediatric Spasticity Treatment Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2019 is considered the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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