The Infinium Global Research analyzes the Infantile Spasms Therapeutics Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global infantile spasms therapeutics market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of infantile spasms therapeutics. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the infantile spasms therapeutics market during the period. The global infantile spasms therapeutics market is projected to grow at a CAGR of 2.8% over the forecast period of 2018-2024.
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Growing Number of Births, Rising Prevalence of Infantile Spasms and Product Innovations are Factors that are Likely to Drive the Global Infantile Spasms Therapeutics Market
An Infantile Spasm is a rare seizure disorder that occurs in young children, usually under one year of age. Infantile spasm refers to sudden stiffening of the body, the arms, and the legs or forward bending of the head. Infantile spasms are caused by an identifiable underlying condition, such as: Central nervous system infections (such as herpes simplex virus, meningitis, and encephalitis), abnormal brain development or injury, Genetic abnormalities and Neurological disorders with skin lesions.
The global market size of infantile spasms market was worth USD XX million and it is projected to reach to USD XX million by 2024. Growing number of births, rising prevalence of infantile spasms and product innovations are factors that are likely to drive the global infantile spasms therapeutics market. According to the National Organization for Rare Disorders, the incidence of infantile spasms is 2 to 3 per 10,000 live births, with a lifetime prevalence of 1.5 to 2 per 10,000 children. However, stringent regulations for product approvals may hinder the growth of the infantile spasms therapeutics market.
Extensive research and development activities, pipeline drugs, and government initiatives are a few more factors projected to fuel the global infantile spasms therapeutics market in the near future.
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North America is Expected to Dominate the Infantile Spasms Market
Geographically, North America is expected to dominate the infantile spasms market during the forecast period. U.S held the major market share in the North America region owing to innovation of new products, early adoption of treatment procedures and extensive R&D activities. According to a study carried out in U.S around 2K to 4K new cases of infantile spasms disorder occur in the U.S. every year. The Asia pacific region is expected to expand at the highest CAGR during the forecast period owing to rising awareness about this disease and its treatment procedures.
Segments in the Infantile Spasms Therapeutics Market
The report on global infantile spasms therapeutics market covers segments such as, dosage and route of administration. On the basis of dosage the global infantile spasms therapeutics market is categorized into solid and liquid. On the basis of route of administration the global infantile spasms therapeutics market is categorized into oral and parental.
Key Players in the Infantile Spasms Therapeutics Market
The report provides profiles of the companies in the global infantile spasms therapeutics market such as, Valerion Therapeutics, Anavex Life Sciences Corp, GW Pharmaceuticals, Mallinckrodt, H. Lundbeck A/S, Orphelia Pharma SA, Insys Therapeutics Inc., Etrophin Inc. and Catalystpharma.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the infantile spasms therapeutics.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.