Drivers
The advancements in Psychopharmacology in terms of designing their medications to target specific patients and possessing fewer side effects yet more effective have increased the overall growth of the Asperger Syndrome industry in recent years.
The increasing prevalence of autism spectrum disorder and Asperger syndrome, while there are still many cases that are not given the required medication is creating a significant impact on the growth of the Asperger syndrome market in recent years.
Market opportunities
The increasing cases of Asperger syndrome are primarily due to the genetic history and delivering twins or triplets children possessing the condition. If any one of the children possesses the condition, then there are about 95% chances for the other children to have the syndrome.
The varied availability of therapies and treatments has been utilized in the medical departments to help the children diagnosed with the condition. Some of the most prevalent therapies and medications are dietary changes, medications, psychological therapy, speech and language therapy, art and music therapy, physical and occupational therapy that helps to build the motor skills in the patients. Effective medications like mood stabilizers and seizure control medications like Lamotrigine, Carbatrol, Tegretol, Epitol are helping the medical practitioners to attain their goal in medical cases.
Market restraints
The symptoms observed in two different patients can be extremely different, and the treatment given to the patients are generally trial and error method which is time-consuming and prevalence of varied perspective of the patients over their symptoms can be extremely different too. Such factors have restricted the growth of the Asperger syndrome market.
The presence of fewer drugs like Aripiprazole and risperidone for managing the symptoms, fewer drugs that are approved by the FDA is considered as the major restraining factor for the growth of the Asperger Syndrome industry.
Market Challenges
Minimal awareness about the condition is considered as the primary restraint for the growth of the Asperger syndrome industry. Moreover, poor health insurance coverage for treating the symptoms of Asperger Syndrome is restraining the market growth.
The diagnosis and treatment for Asperger Syndrome Disorder require skilled professionals and could be very time-consuming. Effective coordination and deep analysis are required in prescribing the treatment plan for the patient. Poor economic condition is also becoming the primary challenge in the Asperger Syndrome industry.
Cumulative growth analysis
The advancements in the therapies to treat Asperger syndrome have been creating a huge impact on the Asperger syndrome industry in recent years. The advent of gene therapy which involves injecting a health gene onto a harmless virus and then injecting the virus into the patient’s body helps the cells to acquire the protein that is missing. This practice is approved for certain conditions and treatments like vision impairment and a certain type of cancer. Despite the decline in the economy, the market seems to be going steadily with the advancements in technology.
Recently, gene therapy is considered the most effective treatment for Asperger’s syndrome, as the injected genes are capable of reaching the brain cells effectively. The recent experimental treatment on replacing the fragile X syndrome has eased out or even reversed the condition effectively. The abnormal motor activity and anxiety problems were reversed. Other treatments that involve modifying the DNA and RNA in terms of their protein-making instructions, disabling their functionality have been working well. Such advancements in the treatments and medications have impacted the growth of the Asperger Syndrome industry positively.
Value chain analysis
The Asperger syndrome can be developed into Autism for some children, which involves difficulties in socializing, communication issues, behavior, anxiety, fear, and similar other emotional issues. The condition may persist till adulthood and could bring in difficulties in marriage, as the patient might it difficult to understand the emotions of the partner, lack of humor sense or capability in understanding the other mate’s emotions might affect the quality of life. In the previous years, people have not been aware of the complexity of the condition, but in recent times, the condition is hugely addressed at its early stages.
Therefore the complexities of the condition are reduced well ahead of time. The continuous researches based on the condition and treatment or the condition has been increasing in recent years. Some evidence has shown that proper medications such as prenatal vitamins given to expecting mothers have reduced the probability of the child getting the syndrome.
The increasing recognition of Asperger Syndrome as a distinct condition within the autism spectrum suggests a growing need for tailored interventions and support services.
Centers for Disease Control and Prevention (CDC)
