MarkNtel Advisors analyses the growth rate of the Spinal Muscular Atrophy (SMA) Treatment market in the forecast period from 2025 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Spinal Muscular Atrophy (SMA) Treatment market, helping them make informed decisions.
Market Outlook – 2025-2030:
The Global Spinal Muscular Atrophy (SMA) Treatment Market size was valued at around USD 2.3 billion in 2023 and is projected to reach around USD 30.2 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 18.2% during the forecast period, i.e., 2025-30. It is projected that the progress in the Global Spinal Muscular Atrophy (SMA) Treatment Market will be propelled mainly by innovations in gene therapy in addition to the higher focus on research and development of rare genetic disorders. The growing awareness of SMA due to early identification is escalating the demand for SMA treatment.
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Key Company Profiles
This report explores recent significant developments in the Spinal Muscular Atrophy (SMA) Treatment Market, focusing on the leading companies and their innovative profiles. The major players in the Spinal Muscular Atrophy (SMA) Treatment Market, featured in this report, include:
- Biogen
- Novartis AG
- Hoffmann-La Roche Ltd
- Cytokinetics
- PTC Therapeutics, Inc.
- Ionis Pharmaceuticals Inc.
- Astellas Pharma Inc.
- NMD Pharma A/S
- Genzyme Corporation
- Genentech, Inc.
- Pfizer Inc.
- Scholar Rock Holding Corporation
- Novo Nordisk A/S
- Takeda Pharmaceutical Co. Ltd.
- Other
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Market Segmentation & Coverage
This research report by MarkNtel Advisors categorizes the Spinal Muscular Atrophy (SMA) Treatment Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Type
- Type I- Market Size & Forecast 2020-2030, USD Million
- Type II- Market Size & Forecast 2020-2030, USD Million
- Type III- Market Size & Forecast 2020-2030, USD Million
- Type IV- Market Size & Forecast 2020-2030, USD Million
SMA Type I has the largest number of SMA patients accounting for about 60% of them worldwide, according to the National Organization for Rare Disorders.
- By Treatment
- Gene Therapy- Market Size & Forecast 2020-2030, USD Million
- Disease-Modifying Drugs- Market Size & Forecast 2020-2030, USD Million
- By Drug Type
- Nusinersen- Market Size & Forecast 2020-2030, USD Million
- Onasemnogene Abeparvovec- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- By Route of Administration
- Oral- Market Size & Forecast 2020-2030, USD Million
- Injectable- Market Size & Forecast 2020-2030, USD Million
- By Distribution Channel
- Hospital Pharmacies- Market Size & Forecast 2020-2030, USD Million
- Retail Pharmacies- Market Size & Forecast 2020-2030, USD Million
- Online Pharmacies- Market Size & Forecast 2020-2030, USD Million
- By End User
- Hospitals- Market Size & Forecast 2020-2030, USD Million
- Homecare- Market Size & Forecast 2020-2030, USD Million
- Specialty Clinics- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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What are the primary factors driving the growth of the Global Spinal Muscular Atrophy (SMA) Treatment market?
Growing Incidence of the Disorder to Augment the Market – In terms of cost and healthcare services, the overall burden of spinal muscular atrophy is one of the highest in the rare disorder. With multiple incidences of spinal muscular atrophy popping up due to the increase in population, the requirement for SMA treatment is growing drastically on a global level. As per the Spinal Muscular Atrophy Foundation estimations, 1 in every 6000 to 10000 babies are diagnosed with this, despite being considered a rare disorder. Thus the rising rampancy of this disorder is one of the major factors that increases revenue generation from the market. Moreover, the rising awareness regarding novel therapies and the increasing number of product launches are some of the major factors deriving market growth. The high need for quality treatment options coupled with the awareness about the lethal backlash of the disorder will significantly aid in the development of the market.
Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
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