Mitochondrial Myopathy Diagnosis & Treatment Market – Overview
Considering all these factors, the market for mitochondrial myopathy diagnosis & treatment is expected to reach $ 33.6 million by the end of 2020, this market is projected to growing at a CAGR of ~ 9.82 % during 2017-2020. Mitochondrial Myopathy (MM) disease refers to the major muscular problems, caused by changes or mutations in genes. Hence, understanding the genetic defects that cause MM opens up the possibility of developing treatments for this disease. There have been many novel medicines & therapies developed to treat symptoms of MM. Unfortunately, these treatable symptoms of Mitochondrial Myopathy are often the most life-threatening complications.
Many of the genetic defects that cause this disease have been identified; animal models are created and used to knowledge them. Although MM is relatively rare & a genetic defect, some of its risk factors like heart problems, seizures, and diabetes are fairly prevailing in the general population. Therefore, adopting a healthy lifestyle certainly does help to ease the conditions.
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Researches to fully understand and treat the diseases have achieved significant progresses. In one of the unique progress is experimenting with infusing donor stem cells into patients with MNGIE disease, is expected to restore normal metabolic conditions and halt damage to the mitochondria. Many such researches undergoing simultaneously, define the growth the Mitochondrial Myopathy Diagnosis & Treatment market perceives today.
In addition to the prevalence of MM disease with the prevailing chronic diseases like diabetes and heart problems, other factors contributing the market growth include increasing population & urbanization along with the growing awareness about the treatments of MM, across the world. Improving economic conditions that enable access to the quality life & to the improved healthcare worldwide are providing impetus to the market growth.
Mitochondrial Myopathy Diagnosis & Treatment Market – Segmentations
Global Mitochondrial Myopathy Diagnosis & Treatment Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
By Types: Comprises – MELAS (Mitochondrial Encephalomyopathy, Lactic Acidosis, &Stroke-Like Episodes), PEO (Progressive External Ophthalmoplegia), MERRF (Myoclonic Epilepsy With Ragged Red Fibres), MNGIE (Mitochondrial Neurogastrointestinal Encephalopathy Syndrome), KSS (Kearns–Sayre syndrome), MDS (Mitochondrial DNA Depletion Syndrome), NARP (Retinitis Pigmentosa), Pearson Syndrome, Neuropathy, Leigh Syndrome, and Ataxia.
By Diagnostic Tests:Genetic Tests, Muscle Biopsy and Biochemical Test among others.
By Therapies:Supportive Therapy and Targeted Therapy among others.
By Regions: Europe, North America, APAC and Rest of the World.
Key Players:
Centogene AG, GeneDx, Ixchel Pharma, Khondrion BV, Mitobridge, NeuroVive Pharmaceutical AB, Reata Pharmaceuticals Inc., and Stealth Biotherapeutics.
Mitochondrial Myopathy Diagnosis & Treatment Market – Competitive Analysis
The global market of Mitochondrial Myopathy Diagnosis & Treatment appears to be fiercely competitive with the several well-established and small players operating in the market. These players incorporate collaboration, acquisition, expansion, strategic partnership, & technology launch. Top players are investing heavily in R&D and clinical trials to develop effective drugs.
Mitochondrial Myopathy Diagnosis & Treatment Market – Regional Analysis
Globally North America leads the global market of Mitochondrial Myopathy Diagnosis & Treatment with the largest market share. The North American market is expected to grow to USD 116.7 million by 2020 at a CAGR of 19.39% during 2016 to 2020. This growth attributes to the favourable reimbursement scenario and greater expenditure on healthcare. The rapid uptake of new technologies in the US is also an important driver for the regional market growth.
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Europe is expected to be the second-largest market for Mitochondrial Myopathy Diagnosis & Treatment which is expected to grow at a considerable CAGR. Improving economy in the region is expected to foster the regional market growth.
While Asia Pacific market for the Mitochondrial Myopathy Diagnosis & Treatment is expected to perceive the growth of USD 4.4 million by 2020 at a CAGR of 9.94% during 2016 to 2020. The market growth will be led by China and India owing to the huge population and the availability of low-cost drugs for the treatment. Moreover, the fastest growing healthcare sector coupled with the large unmet needs over the forecast period will provide impetus to the market growth. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth. Besides the growing penetration of healthcare insurance is expected to drive the Mitochondrial Myopathy Diagnosis & Treatment market in the in the Asia Pacific region.
List of Tables:
TABLE 1 MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET: PIPELINE ANALYSIS 23
TABLE 2 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY TYPE, 2014 -2020 (USD MILLION) 34
TABLE 3 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY TYPE 2021 – 2025 (USD MILLION) 35
TABLE 4 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY DIAGNOSTIC TEST, 2014-2020 (USD MILLION) 38
TABLE 5 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY DIAGNOSTIC TEST, 2021-2025 (USD MILLION) 38
TABLE 6 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY THERAPY, 2014-2020 (USD MILLION) 40
TABLE 7 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY THERAPY, 2021-2025 (USD MILLION) 41
TABLE 8 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY REGION, 2014-2020 (USD MILLION) 43
TABLE 9 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET, BY REGION, 2021-2025 (USD MILLION) 44
TABLE 10 AMERICAS MITOCHONDRIAL MYOPATHIES DIAGNOSIS & TREATMENT MARKET, BY REGION, 2014-2020 (USD MILLION) 44
Continued…!
List of Figures:
FIGURE 1 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET: MARKET STRUCTURE 11
FIGURE 2 RESEARCH PROCESS OF MRFR 12
FIGURE 3 FORECAST INDICATORS 14
FIGURE 4 PORTERS FIVE FORCES MODEL 19
FIGURE 5 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET BY TYPE, 2016, 2021 & 2025 (USD MILLION) 34
FIGURE 6 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET BY DIAGNOSTIC TEST, 2016, 2021 & 2025 (USD MILLION) 37
FIGURE 7 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET BY THERAPY, 2016, 2021 & 2025 (USD MILLION) 40
FIGURE 8 GLOBAL MITOCHONDRIAL MYOPATHY DIAGNOSIS & TREATMENT MARKET BY REGION, 2016, 2021 & 2025 (USD MILLION) 43
FIGURE 9 ABBVIE: RECENT FINANCIAL 49
FIGURE 10 ABBVIE: GEOGRAPHIC MIX, 2016 (%) 50
Continued…!
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