The current estimated value of the worldwide acrocallosal therapeutics market sales is US$ 147.9 million in 2023, with a predicted CAGR of 10.8%. It is anticipated that the healthcare technology industry will reach US$ 412.4 million by 2033 as a result of technological improvements.
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 growth focus on fast-track approvals for new and upcoming therapies to treat such disorders. Furthermore, recent technological advancements in the field of neurology and neuro-biology has also fueled the development of the global acrocallosal syndrome therapeutics market. Also, increasing awareness about early diagnosis of these disorders might help the market growth in 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 :
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
“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.
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).
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.
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Key Segments:
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
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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