Autism Disorders and Treatments Market Size, Trends and Outlook by Type, Treatment Type and Drug, Global Forecast to 2027
NEW YORK, NEW YORK, USA, Jan. 18, 2022 /EINPresswire.com/ —
The global autism disorder and treatment market is expected to register a healthy CAGR of over 4.37% during the review period. Autism Spectrum Disorders (ASD) refers to a disorder caused at the stage of behavioral growth, substantial developmental impairment for challenges in basic behavior and social communication. People who suffer from it understand, behave and act according to normal lifestyles, but in a distinct characteristic way.
The market is considered to be one of the fastest growing industries in recent years owing to the growth of Autism and Pervasive Developmental Disorders (PDDs) including Autism and Alzheimer’s cases in within the population. In addition, factors such as increasing government funding for ASD programs, growing number of electronic gadgets and health plans, and rapid growth in technological interference are also likely to improve the growth rate of the market during the review period.
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The global autism disorders and treatment market has been bifurcated into several segments based on type, deployment, treatment, and region.
Based on type, the global autism disorder and treatment market is divided into disintegrative disorder, autistic disorder, pervasive developmental disorder, and Asperger’s syndrome.
On the basis of deployment, the global market is divided into occupational therapy, speech therapy, applied behavior analysis (ABA), and communication and behavioral therapies.
By treatment, the autism disorder and treatment market is divided into sleeping pills, stimulants, SSRIs, antipsychotics, and drug therapies.
Global Autism Disorders and Treatment Market is studied in five major regions including North America, Asia-Pacific, South America, Europe, Middle East & Africa .
The North America regional Autism Disorders and Treatment Market is expected to lead globally with the maximum revenue over the review period. The regional market growth is driven by the growing prevalence of autistic disorders in the United States, increasing deployment and enrollment for treatments and therapies.
The European regional market is likely to occupy the second position in the global Autism disorder and treatment market during the assessment era. The growth of the regional market is attributed to the large investments in the field of R&D for the development of ASD drugs.
The Asia Pacific Autism Disorders and Treatment Market is expected to exhibit the fastest growth rate over the forecasted period. The growth of the regional market is driven by the growing demand for operative ASD therapies and increasing development of healthcare infrastructure to start equipped therapy facility for ASD patients.
The Middle East and Africa region is expected to register a stable growth rate over the forecast period due to low development of healthcare infrastructure and lack of awareness.
The global autism disorder and treatment market presents an intensely competitive landscape. Players around the world are investing heavily in R&D activities to strengthen their position in the market. The list of major players in the global autism disorders and treatment market includes Saniona AB, Heptares Therapeutics Limited, Coronis Partners Ltd., Bristol-Myers Squibb, Novartis AG, Teva Pharmaceutical Industries Ltd., Allergan, Pfizer Inc., Intra-Cellular Therapies Inc., Otsuka Holdings Co., Ltd., Johnson & Johnson Services, Inc., Merck & CO Inc., Curemark LLC, Concern Pharma Private Limited, Eli Lilly and Company, and many others.
Clinical-stage biopharmaceutical company focused on improving the lives of people with neurological disorders and diseases, Axial Therapeutics, announced that it has received clearance from the United States Food and Drug Administration (FDA) for its Investigational New Drug (IND) application for the lead candidate, AB-2004, a gut-targeting molecular therapeutic to treat ASD-related irritability.
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In addition, the company has also received clinical trial authorizations for AB-2004 in New Zealand and Australia. By extending AB-2004 further into the clinic, the company is focused on developing the latest therapeutic options to help manage irritability associated with ASD and possible other co-occurring conditions, which may prevent children with autism from fully participating. to everyday life.
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