Health

Duchenne Muscular Dystrophy Drugs Market Size, Growth By 2024-2032

Duchenne Muscular Dystrophy Drugs Market

IMARC Group’s report titled “Duchenne Muscular Dystrophy Drugs Market by Product Type (Corticosteroids, Pain Management Drugs), Therapeutic Approach (Mutation Suppression, Exon Skipping, Steroid Therapy), End User (Hospitals, Clinics, Home Care Settings), and Region 2024-2032”. The global duchenne muscular dystrophy drugs market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2032, exhibiting a growth rate (CAGR) of 9.96% during 2024-2032.

Grab a sample PDF of this report: https://www.imarcgroup.com/duchenne-muscular-dystrophy-drugs-market/requestsample

Factors Affecting the Growth of the Duchenne Muscular Dystrophy Drugs Industry:

  • Advancements in Technology:

Innovations in genomics are leading to a better understanding of the genetic mutations underlying DMD. This knowledge is paving the way for the development of targeted therapies to correct or bypass specific genetic defects responsible for the disease. Precision medicine approaches, such as gene therapy and exon-skipping therapies, are explored to tailor treatments as per individual patients based on their genetic profiles. Moreover, high-throughput screening technologies enable the rapid screening of large libraries of compounds to identify potential drug candidates for DMD.

  • Growing Awareness and Diagnosis:

Improving awareness leads to earlier diagnosis of DMD, enabling healthcare providers to initiate interventions and treatments at an earlier stage of the disease. Early intervention is crucial for slowing disease progression and preserving muscle function, underscoring the importance of timely diagnosis in driving the demand for DMD drugs. As more individuals are diagnosed with DMD due to increasing awareness and improved diagnostic methods, there is a rise in the demand for DMD drugs worldwide.

  • Investment and Funding:

Investment and funding provide resources for research institutions, biotechnology companies, and pharmaceutical firms to conduct research and development (R&D) activities focused on discovering and developing novel therapies for DMD. This includes funding for preclinical studies, clinical trials, and translational research for advancing drug candidates through the development pipeline. In addition, pharmaceutical companies and biotech firms are more inclined to invest in DMD research and drug development when financial resources are available, resulting in a higher number of therapeutic candidates entering preclinical and clinical development stages.

Leading Companies Operating in the Global Duchenne Muscular Dystrophy Drugs Industry:

  • FibroGen Inc.
  • Italfarmaco S.p.A.
  • NS Pharma Inc. (Nippon Shinyaku Co. Ltd.)
  • PTC Therapeutics Inc.
  • Santhera Pharmaceuticals
  • Sarepta Therapeutics Inc.

Duchenne Muscular Dystrophy Drugs Market Report Segmentation:

By Product Type:

  • Corticosteroids
    • Prednisolone
    • Prednisone
    • Deflazacort
  • Pain Management Drugs

Corticosteroids represent the largest segment owing to their preference as the standard of care for Duchenne muscular dystrophy due to their ability to slow disease progression and improve muscle strength and function.

By Therapeutic Approach:

  • Mutation Suppression
  • Exon Skipping 
  • Steroid Therapy

Exon skipping accounts for the majority of the market share due to its potential to restore functional dystrophin production in DMD patients with specific genetic mutations.

By End User:

  • Hospitals
  • Clinics
  • Home Care Settings

Hospitals hold the biggest market share as they provide specialized care, diagnostic facilities, and access to multidisciplinary teams of healthcare professionals experienced in managing DMD patients.

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America enjoys the leading position in the Duchenne muscular dystrophy drugs market on account of high prevalence rates, advanced healthcare infrastructure, robust research and development (R&D) activities, and favorable regulatory environment facilitating faster drug approvals and market access.

Global Duchenne Muscular Dystrophy Drugs Market Trends:

The rising adoption of exon skipping therapies, such as eteplirsen and golodirsen, due to their ability to restore functional dystrophin production in DMD patients with specific genetic mutations is propelling the growth of the market. There is a growing emphasis on personalized medicine approaches in the treatment of DMD, with an increasing focus on therapies tailored as per the specific genetic profiles of individual patients. Moreover, advancements in genomics and precision medicine are enabling more targeted and effective treatments for DMD.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

Related posts

Is Corten Steel Plate the Ultimate Choice for Resilient Construction?

laticiagibson

Improve Your Cognitive Abilities with Waklert 150

Muriel Reichel

Information related to the Cultivation of Fenugreek

Hassanraza07860786@gmail.com