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Global Dyslexia Drugs Market: Overview

Dyslexia is a condition that is often hereditary and is primarily neurologically based. The condition is commonly associated with difficulties in reading, spelling, writing and organization. Results of functional magnetic resonance imaging scans demonstrates that the brains of people afflicted with dyslexia function and develop in a very different way. Dyslexia makes it difficult to achieve reading, which not only affects academics but also emotional-social development and self-esteem. The long-term effects of dyslexia on young adults comprise of school failure, depression and increased risk of suicide, delinquency and reoffending. Additionally, research shows that amongst the high percentage of illiterate people in prison, a large number are diagnosed with dyslexia.

The report offers a distinctive evaluation of the global dyslexia drugs market, taking into account its growth factors, restraints, and potential business prospects. On the basis of drug class, the global dyslexia drugs market is segmented by the report into antihistamine, anti-myoclonic, central nervous stimulant, and others. On the route of administration, the global market could be divided into oral, parenteral, and others. Based on the end-users, the global dyslexia drugs market is segmented into psychiatric institutions, rehabilitation centers, home care, and others.

Global Dyslexia Drugs Market: Trends and Opportunities

According to the National Health Service in the U.K. roughly 20% of children were diagnosed with dyslexia in the U.K. in 2016. A Europe-based survey discovered that more than 20% in France and 15% in Germany suffered from dyslexia in the same year. According to a dyslexia center based in the U.S., one in five students of the entire student population were afflicted with the condition in the country, and more than 15% of the students suffered from dyslexia in Canada in 2016. Around 15 in 100 students per year are found to be dyslexic in India and 35 million to 40 million children suffered from dyslexia in India in 2016. A study published in the Asian Journal of Psychiatry in 2017 revealed that the number of students with dyslexia increased by nearly 2% in the past five years. The alarming rise in the number of youngsters and children suffering from the condition across the world are providing a significant impetus to the rise of the global dyslexia drugs market.

The improving efficiency of dyslexic drugs due to advanced research and development in the field is also fueling demand. However, incorrect diagnosis of dyslexia, low awareness among people, and the stringent regulatory policies are factors that could impede the growth of the global dyslexia drugs market. The growing spending in public health care on mental health is predicted to present substantial opportunities in the global dyslexia drugs market over the forecast period.

Global Dyslexia Drugs Market: Geographical Analysis

The global dyslexia drugs market has been segmented geographically into the regions of North America, South America, Europe, Asia Pacific, the Middle East and Africa. In 2016, the region of Asia Pacific held the third-largest share of the global dyslexia drugs market. The regional market is anticipated to grow at a brisk pace over the coming years, on account of rise in number of students with dyslexia, surge in awareness regarding the condition, availability of generic drugs, and active role played by domestic players. The Middle East & Africa, and South America are smaller markets, ascribed to low awareness, diagnosis and treatment rate of dyslexia, and a weak mental health infrastructure.

Global Dyslexia Drugs Market: Companies Mentioned

Key players in the global dyslexia drugs market include GlaxoSmithKline, Pfizer, Sandoz International GmbH (a Novartis division), Casper Pharma, Teva Pharmaceutical Industries Ltd., Actavis Labs, Inc., UCB S.A., Alkem Labs, Crecent Therapeutics Limited, Baxter, Intas Pharmaceuticals Ltd., and Brown & Burk.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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:

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Dyslexia Drugs Market