Myasthenia Gravis Disease Market Research Report - Forecast to 2030

Myasthenia Gravis Disease Market Size, Trends and Industry Outlook by Diagnosis (Imaging, Blood Tests, Electrodiagnostic, Edrophonium Test), Treatment (Medication, Surgery, HSCT), End-User (Hospitals, Clinics, Academic Research Institutes) – Forecast Till 2030

ID: MRFR/Pharma/4387-HCR | February 2021 | Region: Global | 100 pages         

Myasthenia Gravis Disease Market

Myasthenia Gravis Disease Market is expected to register a CAGR of 10.96% with USD 2938.7 Million by 2030

Segmentation

By Diagnosis Imaging Blood Tests Electrodiagnostic Edrophonium Test
By Treatment Medication Surgery HSCT
By End User Hospitals Clinics Academic Research Institutes

Key Players

  • Valeant Pharmaceuticals International (U.S.)
  • Sun Pharmaceuticals Industries Ltd. (India)
  • Piramal Healthcare (India)
  • Novartis Pharmaceuticals Corporation (Switzerland)
  • Apotex Corporation (Canada)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • RPG Life Sciences (India)
  • Cipla (India)
  • F. Hoffmann Roche La Ltd. (Switzerland)
  • Bristol-Myers Squibb Company (U.S.)

Drivers

  • Increasing cases of neuromuscular disorders
  • growing awareness regarding the treatment line
  • increasing number of clinical facilities
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Myasthenia Gravis Disease Market Overview


Globally, the myasthenia gravis disease market projects at a CAGR of 10.10% during the market 2020-2030. This acute syndrome consists of sudden slowing down of heart rate or causes blockage in blood supply to the heart muscles. This acute coronary syndrome is also called a myocardial infarction. Some of the symptoms which are caused by the acute coronary syndrome are indigestion, dyspnea, diaphoresis and fatigue. As per the Centre for Disease Control and Prevention in 2017, the majority of 36,000 people died due to this syndrome in the region of the United States in 2015. As per the World Health Organisation, people above 65 years of age rise up the market demand where it has been found that due to this reason they occupy a USD 524 million in 2010 to about USD 1.5 million in 2050.  As per the research work published in the Brazilian Journal of Cardiovascular Surgery, the expenditure for the coronary artery bypass graft surgery, for each patient was calculated to cover a myasthenia gravis disease market value of USD 7992.55 in 2017.


Covid 19 Analysis of Myasthenia Gravis Disease Market


The outbreak of the COVID brought a major effect on the myasthenia gravis disease market. COVID has hampered the growth and has hampered the supply chain and has caused a change in consumer behavior. The government has imposed shutdown and lockdown which led to the shutdown of manufacturing units. A change in the healthcare sector is marked because the medicals have most of the COVID-related patients. During this period, the doctors severely focused on the treatment of COVID patients, and the myasthenia gravis patients were not given the required treatment.


Myasthenia Gravis Disease Market Analysis



  • Drivers- Growth in the aging population and rise in prevalence of coronary heart disease are those major drivers that enhance the myasthenia gravis market size. People suffering from diabetes and increasing the fat content of the body steer up the myasthenia gravis market size.

  • Opportunities- The result of the treatment is seen in a few days where the benefits of the treatment last for more than some weeks which gives lucrative opportunities for the expansion of myasthenia gravis disease market size. A blood plasma exchange procedure has been implemented which has helped in improving the advancement of the market growth. As here the process includes removing out the antibodies from the blood and returning the filtered blood to your own body. The treatment involves removing the symptoms whereas the strength of your body is increased.

  • Challenges- Using the drugs of the myasthenia gravis for a long period will cause certain side effects like obesity, thinning of bones, liver or kidney bones, and also increases some risk of infections towards myasthenia gravis. If your symptoms of the myasthenia gravis get severe or suddenly it gets worse which becomes a challenging factor for the myasthenia gravis crisis market. The treatment of the disease being expensive becomes the challenging factor for myasthenia gravis disease market size.

  • Cumulative growth- The myasthenia gravis disease market occupying the market value of high USD and high CAGR gains high growth and success.

  • Restraints- People not being aware of acute coronary syndrome along with spending too much money on therapeutic surgery is the main hindering factor affecting the growth of the market. The government funding too little money in the middle and low-income countries acts as a restraining factor during the market forecast period. If the relief is not acquired within a few weeks then the myasthenia gravis crisis market becomes the remaining factor affecting the myasthenia gravis market size. Side effects of the market include dizziness, allergic reactions, bleeding problems, and cramps and heart rhythm problems hamper the market size and growth which becomes the restraining factor for the expansion of the size.


MARKET SEGMENTATION



  • By type- Myasthenia Gravis Disease Market has been found that the myasthenia gravis disease market is classified based on type, diagnosis, treatment, and many more. Based on type, the myasthenia gravis treatment market is divided into unstable angina, ST-Elevation Myocardial Infarction(STEMI), Non-St Elevation Myocardial Infarction(NSTEMI), and many more.


As per the diagnosis, the myasthenia gravis disease market has been divided into blood tests, imaging, stress tests, and many others. The imaging part is a sub-segment, constructed into Myocardial Perfusion Imaging(MPI), Computerised Tomography(CT) angiogram, echo diagram, coronary angiogram, and many more. Based on treatment, the myasthenia gravis market is divided into medication, surgery, and many more. The medication part is subdivided into thrombolytics, nitroglycerin, antiplatelet drugs, beta-blockers, statins, and surgical devices. The antiplatelet drugs part is divided into aspirin, clopidogrel, prasugrel, and many more. The beta-blockers are classified into metoprolol, nadolol, and some of the beta-blockers agents. The statins part is classified into atorvastatin, devastation, and many more. The surgical segment is classified into angioplasty, stenting, and it also includes coronary bypass surgery and many more. Based on end-users, the myasthenia gravis disease market is classified into medicals and clinics, some of the diagnostic centers, academic institutes, and many more.


By technology- technology led to the invention of innovative drugs while technology led to the discovery of even certain inhibitors like cholinesterase and immunosuppressive drugs. These inhibitors provide mild treatment to muscles and nerves. Moreover, it has been found that cholinesterase inhibits the breakdown of chemical acetylcholine for which the muscles can contract more easily and become stronger. The drugs so invented keep your immune system active. These drugs prevent the body from being infected by harmful antibodies.


Regional Analysis


Some of the regions of the United States occupy the largest portion of the myasthenia gravis disease market. This region owes to the increase in the prevalence of coronary heart disease and also due to the presence of well-established healthcare units within the given region. Moreover, due to the rise in expenses and the presence of some of the key players propels up the market growth in this region. Some of the European regions cover a second-most advanced treatment market where there is a rise in the availability of funds for research processes and fact for the population. Here the government has also invested much more money to construct a huge healthcare unit. As per the Heart of United Kingdom, 4 lakhs hospital admission have taken place. The rise in growth of the geriatric population suffering from coronary heart disease and also suffering from obesity enhances the market scenario for expansion of the myasthenia gravis market. Asia-Pacific is expected to cover a major portion of myasthenia Gravis’s market share. It also covers some of the rising economic conditions in the regions of India, China, Australia, and many more regions. A huge rise in population with the rise in healthcare expenses along with the rapid growth in healthcare units steers up the market and business size. The Middle East and some of the African regions show exponential growth in the acute coronary market. This region occupies less expenditure and the strict rules and policies are taken forward to bring steady growth especially in the African region. In some of the Middle East regions, due to the growth in the healthcare sector and expenditure, the Middle East region covers a major myasthenia gravis disease market growth and high rise in expansion.


Competitive Landscape


Some of the myasthenia gravis disease market players in the market are Boehringer Ingelheim International Gmbh of Germany, Johnson and Johnson Services, Inc. of the United States, Teva Pharmaceuticals Industries ltd. of Israel, Merck and Co. of the United States, Eli Lilly and Company of the United States, AbbVie of the United States, Amgen Inc. of the United States, Portola Pharmaceuticals Inc. of the United States, Sanofi of Paris, Novartis AG of Switzerland, AstraZeneca of the United Kingdom, DAIICHI SANKYO COMPANY ltd of Japan and some others.


Report Overview


The myasthenia gravis disease market report gives insights and claims data about the new market trends which helps the key players to understand better the new and current treatment practices regarding the myasthenia gravis market share and defines the market niche of the developing countries. The report also shows the novel therapies discovered by the market landscape. The myasthenia gravis disease market report focuses on the symptomatic treatment carried out with muscle weakness and fatigue. The forecast suggests that soon this market is going to see a huge acceleration in the sales.



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