Autism Spectrum Disorder Therapeutics Market
Growth Factors of Autism Spectrum Disorder Therapeutics Market
The autism spectrum disorder therapeutics market size was valued at USD 1.93 billion in 2023, and the market is now projected to grow from USD 2.01 billion in 2024 to USD 3.42 billion by 2032, exhibiting a CAGR of 7.9% during the forecast period of 2024-2032.
The lockdown caused by COVID-19 at first affected the healthcare companies and closed therapy centers, paused production and postponed therapy sessions for autistic children. However, ensuring a high level of stress in patients diagnosed with autism, as well as patients’ susceptibility to a viral infection, contributed to caregivers’ adoptive telehealth systems. This shift elevated generalized therapeutics and especially off label prescriptions such as antipsychotics, SSRIs, and sleep medications. Also, the increase in online platforms that traders used to purchase autism medications also benefited market growth during the pandemic.
The global market is being spurred forward by the continually increasing incidence of autism spectrum disorder (ASD), expanding the need for clinical research to find more efficacious treatments. This research needs to be done to help increase quality of life and refine treatments of patients with ASD. Since it strengthens the call for more specific approaches towards a growing population, it improves innovation and investment in therapeutic solutions that will help the people in need and their kin.
ASD is a lifelong developmental disorder which affects not only children and adults, but also their families and others who surround them. Autism is different in every individual, and most of them suffer from one or another complication – gastrointestinal problems, for example. It was in the 1980s and 1990s that theories which stated that the autistic persons may have a problem with the digestion of such proteins as the casein in milk or the gluten in wheat, began to be developed into various therapies. Even though many of these therapies have been ringed out their longevity, enzyme replacement therapy has received much attention as a crucial megatrend in the treatment of ASD, therefore, holds the opportunity to enhance the quality of lives of affected people.
Comprehensive Analysis of Autism Spectrum Disorder Therapeutics Market
The autism spectrum disorder therapeutics market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by drug therapy analysis, by disease analysis, by age group analysis, and by distribution channel analysis. By drug therapy analysis include antipsychotic drugs, SSRIs/antidepressants, stimulants, sleep medications, and others. By disease analysis include autistic disorder, Asperger syndrome, pervasive developmental disorder, and others. By age group analysis include children and adults based on the age group. By distribution channel analysis include hospital pharmacies, drugs stores & retail pharmacies, and online pharmacies.
The North America region lead the autism spectrum disorder therapeutics market share by benefitting a market size of USD 1.12 billion in 2023 due to increasing prevalence of autism disorder.
The top players in the markets have a central responsibility in the healthcare industry to be sure of industrial prospectus development and to establish the market norms. These players include, Curemark, LLC, Alembic Pharmaceuticals Limited, Yamo Pharmaceuticals, PaxMedica, F. Hoffmann-La Roche Ltd, Aurobindo Pharma Ltd., Otsuka Holdings Co. Ltd., Janssen Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., H. Lundbeck A/S these market players provide a level-playing competitive landscape.
In December 2021, F. Hoffmann-La Roche Ltd's drug pipeline candidate RO7017773 was in a phase 2 trial to evaluate its efficacy, safety, and tolerability in participants aged 15-45 with autism spectrum disorder (ASD), with plans for a regulatory filing in 2024.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 7.9% from 2023 to 2030
Unit Value (USD billion)
Segmentation By Drug Therapy, Disease, Age Group, Distribution Channel, and Geography
By Drug Therapy
Antipsychotic Drugs- SSRIs/Antidepressants
- Stimulants
- Sleep Medications
- Others
By Disease
Autistic Disorder- Asperger Syndrome
- Pervasive Developmental Disorder (PDD)
- Others
By Age Group
ChildrenBy Distribution Channel
Hospital Pharmacies- Drug Stores & Retail Pharmacies
- Online Pharmacies
By Geography
North America (By Drug Therapy, By Disease, By Age Group, By Distribution Channel, and By Country)- U.S. (By Disease)
- Canada (By Disease)
- Europe (By Drug Therapy, By Disease, By Age Group, By Distribution Channel, and By Country/Sub-Regions)
- U.K. (By Disease)
- Germany (By Disease)
- France (By Disease)
- Italy (By Disease)
- Spain (By Disease)
- Scandinavia (By Disease)
- Rest of Europe (By Disease)
- Asia Pacific (By Drug Therapy, By Disease, By Age Group, By Distribution Channel, and By Country/Sub-Regions)
- China (By Disease)
- Japan (By Disease)
- India (By Disease)
- Australia (By Disease)
- Southeast Asia (By Disease)
- Rest of Asia Pacific (By Disease)
- Latin America (By Drug Therapy, By Disease, By Age Group, By Distribution Channel, and By Country/Sub-Regions)
- Brazil (By Disease)
- Mexico (By Disease)
- Rest of Latin America (By Disease)
- The Middle East & Africa (By Drug Therapy, By Disease, By Age Group, By Distribution Channel, and By Country/Sub-Regions)
- GCC Countries (By Disease)
- South Africa (By Disease)
- Rest of the Middle East & Africa (By Disease)
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