The global Acrocallosal Syndrome Therapeutics Market is currently valued at US$ 147.9 million in 2023, with a CAGR of 10.8% expected. Because of technological advancements in healthcare, the market is expected to reach US$ 412.4 million by 2033.
An increase in the number of patients seeking treatment, as well as rising demand for improved healthcare infrastructure and promising pipeline drugs, as well as new product launches, are expected to drive growth in the acrocallosal syndrome therapeutics Market during the forecast period.
Another important factor for the growth of the market is growing focus on fast-track approvals for new and upcoming therapies to treat such disorders. Furthermore, recent technological advancements in the field of neurology and neurobiology have also fueled the development of the global acrocallosal syndrome therapeutics market. Also, increasing awareness about early diagnosis of these disorders might help the market grow in the coming years.
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North America dominates the acrocallosal syndrome therapeutics market due to the presence of key market players’ presence, along with recent product launches and established healthcare infrastructure, which will accelerate the market’s growth in the region. The significant R&D investments in Europe abode well for market growth.
The manufacturers are involved in the production of acrocallosal syndrome therapeutics in a larger capacity. Research and innovation are also conducted to launch innovative products for acrocallosal syndrome therapeutics.
Key Takeaways from the Market Study
As of 2023, the acrocallosal syndrome therapeutics market was valued at US$ 147.9 Million
From 2023 to 2033, the acrocallosal syndrome therapeutics industry is poised to grow at an 10.8% CAGR
By 2033, the acrocallosal syndrome therapeutics market is slated to reach a valuation of US$ 412.4 Million
Based on the route of administration injectable segment accounts for a market share of 36.4% during the forecast period.
China is poised to yield a CAGR of 10.1% with respect to acrocallosal syndrome therapeutics in 2033
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“Growing healthcare spending and growing focus on fast-track approvals for new and upcoming therapies to treat such disorders are expected to radically transform the acrocallosal syndrome therapeutics market in the coming years,” comments an analyst at FMI.
Holoprosencephaly Therapeutics is a rare genetic disorder that affects multiple organ systems, including the brain, face, and limbs. The condition is caused by mutations in the KIF7 gene and is characterized by the absence or underdevelopment of the corpus callosum, a structure that connects the two halves of the brain.
Competitive Landscape
- Arena Pharmaceuticals
- Artery Therapeutics
- Athera Biotechnologies
- Bayer AG
- Cardiome Pharma Corp.
- Cerenis Therapeutics Holding SA
- Esperion Therapeutics
- GlaxoSmithKline Plc
- Lee’s Pharma Corp.
- Pfizer Inc.
- Teva Pharmaceutical Industries Ltd.
- Vitae Pharmaceuticals, Inc.
Also, some of the key players are acquiring small pharmaceutical companies to increase their production capacity. Suppliers are focusing on expanding their market presence across the world by initiating new product launches and boosting sales.
In August 2022, Esperion announced that bempedoic acid (NEXLETOL®) is now recommended as an important oral non-statin therapy for LDL-cholesterol (LDL-C) lowering in the management of atherosclerotic cardiovascular disease (ASCVD) by the American College of Cardiology (ACC) task force on expert consensus decision pathways (ECDP).
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In October 2022, GlaxoSmithKline plc and Tempus entered into a three-year collaboration agreement that provides GSK with access to Tempus’ AI-enabled platform, including its library of de-identified patient data. Through its leading Artificial Intelligence and Machine Learning (AI/ML) capability, GlaxoSmithKline will work together with Tempus to improve clinical trial design, speed up enrolment and identify drug targets. This will contribute to GlaxoSmithKline’s R&D success rate and provide patients with more personalised treatment faster.
Key Segments Covered in the Acrocallosal Syndrome Therapeutics Market Industry Survey
Acrocallosal Syndrome Therapeutics Market by Type:
- Losmapimod
- Praluent
- Evolocumab
Acrocallosal Syndrome Therapeutics Market by Syndromes:
- ST Elevation Myocardial Infarction,
- non-ST Elevation Myocardial Infarction,
- Unstable Angina
Acrocallosal Syndrome Therapeutics Market by Route of Administration:
- Injectable
- Oral
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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