Spinocerebellar Ataxia Diagnosis and Treatment Market - Introduction
Spinocerebellar ataxia (SCA) is a condition categorized by progressive problems with movement. Individuals with spinocerebellar ataxia disorder initially experience problems with coordination and stability (ataxia). Over 30 subtypes of spinocerebellar ataxia involve the brainstem, cerebellum, and other non-spinocerebellar tissues. Each subtype is caused by an alteration of a different gene. Further signs and symptoms of spinocerebellar ataxia comprise speech and swallowing difficulties, weakness in the muscles, and muscle stiffness (spasticity) that control eye movement (ophthalmoplegia).
Rapid and involuntary movements (nystagmus) are recorded in patients suffering from spinocerebellar ataxia due to eye muscle weakness. People with spinocerebellar ataxia could have difficulty learning, processing, and remembering information (reasoning weakening). Over the course of time, individuals with spinocerebellar ataxia could develop pain, tingling, or numbness in the legs and arms (sensory neuropathy), muscle twitches (fasciculation), muscle wasting (atrophy), and uncontrolled muscle tensing (dystonia). Individuals suffering from spinocerebellar ataxia for several years have been affected by different medical conditions such as tremors, involuntary jerking movements, and rigidity.
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Spinocerebellar Ataxia Diagnosis and Treatment Market – Competition Landscape
Ionis Pharmaceuticals, Inc.
Established in 1989, Ionis Pharmaceuticals, Inc. is a global leader in developing and discovering RNA-targeted therapies. In December 2015, the company changed name to Ionis Pharmaceuticals, Inc. from Isis Pharmaceuticals, Inc. The organization has developed a large, diverse and advanced pipeline that can provide high value for patients with significant unmet medical needs. Akcea Therapeutics, Inc. is a wholly owned subsidiary of Ionis Pharmaceuticals that focus on developing and commercializing clinical-stage drugs for serious cardio metabolic diseases caused by lipid disorders
Wave Life Sciences
Founded in 2012, Wave Life Sciences genetic medicine company, optimizes, designs, and manufacturers of novel stereo pure oligonucleotides through PRISM, a developing and drug discovering platform. The organization focuses on exclusive programs in neurology in the neuromuscular system and central nervous system. The organization has a license, option, and research agreement with Takeda Pharmaceutical Company Limited Pfizer Inc. and for the research, commercialization, and development of stereo pure oligonucleotide therapeutics.
Incorporated in 1993, Vybion, Inc. formerly known as Viral Therapeutics, Inc. changed its name to Vybion, Inc. in April 2006. The organization focusses on developing ProCode technology based intra-bodies to manage neurodegenerative disorders. The organizations product pipeline comprises INT41 to treat spinocerebellar ataxia, Huntington's disease, and Alzheimer’s disease.
Key players in the global spinocerebellar ataxia diagnosis and treatment market are Ionis Pharmaceuticals, Wave Life Sciences, Vybion, Steminent Corp., Biohaven Pharmaceuticals, Kissei Pharmaceutical Co., Ltd., and Lacerta Therapeutics, Inc.
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Spinocerebellar Ataxia Diagnosis and Treatment Market – Dynamics
Increase in Demand for Treatment and Rise in Patient Awareness about Different Treatment Options is expected to boost the Market Growth during the Forecast Period
Factors such as Increase in demand for treatment and rise in patient awareness about different treatment options, increase in population and rise in demand for rapid diagnosis and better treatment are expected to drive the global spinocerebellar ataxia diagnosis and treatment market during the forecast period. Currently, the North America is a major market for spinocerebellar ataxia diagnosis and treatment, where the quality of life of patients with painful symptoms that are difficult to manage have become manageable.
Asia Pacific is expected to Expand at Significant Growth Rate from 2019 to 2027
Increase in medical tourism in developing countries, rise in investment of players, and surge in awareness about spinocerebellar ataxia treatment are likely to drive the market in Asia Pacific during the forecast period.
Spinocerebellar Ataxia Diagnosis and Treatment Market – Segmentation
The global spinocerebellar ataxia diagnosis and treatment market can be segmented based on:
- Diagnostic Test
In terms of treatment, the global spinocerebellar ataxia diagnosis and treatment market can be bifurcated into:
- Adaptive devices
- Physical Therapy
- Occupational Therapy
- Speech Therapy
Physical therapy can help individuals suffering from spinocerebellar ataxia in improving coordination and enhanced mobility. Occupational therapy can help individuals suffering from spinocerebellar ataxia in conducting daily tasks such as feeding themselves. Speech therapy for people suffering from spinocerebellar ataxia helps in improving speech and aids in swallowing.
Based on diagnostic test, the global spinocerebellar ataxia diagnosis and treatment market can be divided into:
- Imaging Tests
- Magnetic Resonance Imaging (MRI),
- Computed Tomography (CT) Scan
- Positron Emission Tomography (PET) scan
- Lumbar Puncture Tests
- Genetic Tests
In terms of end-user, the global spinocerebellar ataxia diagnosis and treatment market can be segmented into:
- Ambulatory Surgical Centers
The report on spinocerebellar ataxia diagnosis and treatment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The spinocerebellar ataxia diagnosis and treatment market report provides in-depth analysis of parent market trends, macroeconomic factors and governing factors along with market attractiveness as per segments. The spinocerebellar ataxia diagnosis and treatment market report also maps the qualitative impact of various market factors on spinocerebellar ataxia diagnosis and treatment market segments and geographies. Value chain of the global spinocerebellar ataxia diagnosis and treatment market comprises raw material suppliers, manufacturers, distributors, and customers. Raw material suppliers are primarily the manufacturers of active pharmaceutical ingredients (API), imaging devices, genetic test kits providers, and others.
Regional analysis for global spinocerebellar ataxia diagnosis and treatment market includes:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.