Global Duchenne Muscular Dystrophy Market: Overview

Duchenne muscular dystrophy is a medical condition that develops due to shortage of protein called “dystrophin”. It causes deterioration and break down of muscles, which results in walking difficulty and limited general mobility. Duchenne muscular dystrophy is considered as one of the most progressive childhood neuromuscular disorders. However, it affects boys mostly, but few cases of girls have been registered too.

Duchenne muscular dystrophy affects around 1 in 3,500 male births worldwide. It is usually identified between the age of three and six. Weakness and wasting (atrophy) of the muscles of the pelvic area characterize duchenne muscular dystrophy and it is followed by the involvement of the shoulder muscles.

In a report on the global duchenne muscular dystrophy market by Transparency Market Research offers clear view of the market with every detail that is relevant for scaling business in the coming years. It extensively covers the necessary market dynamics and growth strategies that are sure to offer success mantra for the companies operating in the global duchenne muscular dystrophy market.

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Global Duchenne Muscular Dystrophy Market: Notable Developments

Some important developments that are expected to shape the future strategies of the global duchenne muscular dystrophy market.

  • In July 2019, three clinical trials were conducted on a new drug; an antisense oligonucleotide. Until now, the drug has shown to assist patients with duchenne muscular dystrophy. The outcomes of the trials were published in the journal of neuromuscular diseases.  
  • Recently, Eli Lilly and Company announced successful completion of its acquisition of Loxo Oncology, Inc.  The acquisition is expected to broaden the portfolio of Eli Lilly and Company.
  • This year GlaxoSmithKline plc reached an agreement with Pfizer Inc in a bid to combine their consumer health businesses into a new world-leading joint venture.

A few of the prominent market players are BioMarin Pharmaceutical Inc., Catabasis Pharmaceuticals Inc., GlaxoSmithKline Plc., Santhera Pharmaceuticals Holding AG, ReveraGen BioPharma Inc., and Akashi Therapeutics Inc.

Global Duchenne Muscular Dystrophy Market: Key Trends

The global duchenne muscular dystrophy market is likely to gain traction due to the following factors:

Increased Research and Development Activities to Boost Market

The global duchenne muscular dystrophy market is estimated to gain traction from increased research and development activities, augmented demand for efficacious therapies among patients, and introduction of novel disease therapies. Furthermore, rising prevalence of the disease is projected to propel the global duchenne muscular dystrophy market towards growth.

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At present, there is a rise in the number of clinical trials for examining the future course of treatment for duchenne muscular dystrophy.  So far, corticosteroid-based anti-inflammatory treatment is the only accepted pharmacological therapy for the treatment of duchenne muscular dystrophy.

The pharmaceutical drug development and discovery have also grown manifolds in the last few years. There have been some technological breakthroughs in the last few years that might facilitate the research processes.  Nearly all major companies are now focusing on research and development activities, which is likely to impact on the market during the forecast period.

Global Duchenne Muscular Dystrophy Market: Geographical Analysis

In terms of region, global duchenne muscular dystrophy market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America leads the global duchenne muscular dystrophy market owing to high healthcare spending, government awareness programs, and many new product innovations. North America is followed by Europe in the global duchenne muscular dystrophy.

The Asia Pacific market is likely to expand at higher rate owing to growing awareness about duchenne muscular dystrophy and increasing public and private health care insurance coverage.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Duchenne Muscular Dystrophy Market