Global Autism Therapy Market Likely to Experience a Tremendous Growth in Near Future|| ALLERGAN, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Novartis AG, Johnson & Johnson Services Inc
This Global Autism Therapy Market research report offers an array of insights about industry and business solutions that will support to stay ahead of the competition. A systematic investment analysis is also underlined in this report which forecasts impending opportunities for the market players. The market report is an outcome of persistent and numerous efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carry out detailed and diligent research on different markets, trends and emerging opportunities in the consecutive direction for the business needs
The Global Autism Therapy Market is set to rise from its initial estimated value of USD 5.62 billion in 2018 to an estimated value of USD 7.85 billion by 2026, registering a CAGR of 4.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising awareness about the disease and its prevalence in the market. Few of the competitors currently working in the autism therapy market are Pfizer Inc., Eli Lilly and Company, ALLERGAN, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Novartis AG, Johnson & Johnson Services Inc., Aspire Autism LLC, Hopebridge LLC., Bristol-Myers Squibb Company, Otsuka Holdings Co.Ltd., Curemark LLC., Sosei Group, Saniona, Sun Pharmaceutical Industries Ltd., Mylan N.V., Endo Pharmaceuticals Inc., and F. Hoffmann-La Roche Ltd.
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Market Definition: Global Autism Therapy Market
Autism is a neurological disorder that is associated with a number of disabilities like lack of social skills, challenges with behavior of the individual. The intensity and severity of the disease is different with every individual. Diagnosis of autism can be done from a very young age with kids of age 2-3 year old. The cause is of yet unknown, but constant research and development is being carried on for the complete information of the disease.
Market Drivers:
- Rising prevalence of disease and government initiatives increasing awareness about the disease is expected to drive the market growth
- Increased research and development initiatives and expenditure, is also expected to drive the market growth
Market Restraints:
- Stringent regulations and approval procedure by the authorities for the treatment, is also expected to act as a restraint to the market growth
- Inability of penetration in developing areas and awareness in those regions is also expected to restrain the market growth
What is Autism?
Autism or autism spectrum disorder is a developmental disability which usually affects the communication and behavior of an individual. It usually creates a repetitive behavioral pattern which exploits their social interactions skills. In simple words, autism consists of number of neurodevelopmental conditions. Different conditions fall under the autism spectrum disorders which consist of Asperger’s syndrome, autistic disorder, childhood disintegrative disorder and pervasive developmental disorder.
Usually autistic people find it difficult to communicate and also face problem with learning. This is the factor due to which understanding other people thinking & feeling is difficulty task for them. It is very difficult to express their thoughts with different gestures, touch and even facial expressions.
Common signs & symptoms
Usually the person with autism shows two types of behavior restricted & repetitive behaviors & interests and impaired social interactions & communications. In some cases the symptoms are mild but some people shows very serious autistic deportment. Some of the common signs & symptoms of the disease includes abnormal tone of voice, abnormal body posture, behavioral disturbances, monotonous speech, inability to express emotions, dearth of empathy, repeating word or phrase, sleep disturbance, self-abusive behavior, repetitive movements, learning disability, improper social interactions an others.
Market Drivers:
- Rising prevalence of disease and government initiatives increasing awareness about the disease is expected to drive the market growth
- Increased research and development initiatives and expenditure, is also expected to drive the market growth
Market Restraints:
- Stringent regulations and approval procedure by the authorities for the treatment, is also expected to act as a restraint to the market growth
- Inability of penetration in developing areas and awareness in those regions is also expected to restrain the market growth
- Global Autism Therapy Market, By Type (Asperger Syndrome, Pervasive Developmental Disorder, Autistic Disorder), By Treatment Type (ABA, Hyperbaric Oxygen Therapy, Chelation Therapy, Oxytocin Therapy, Others), By Drug (Anticonvulsants, Antipsychotics, Insomnia Drugs, SSRIs, Stimulants, Others), By Distribution Channel (Hospital & Clinics, Retail Pharmacies, Online Pharmacies), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026
Key Developments in the Market:
- In January 2018, US Food and Drug Administration granted balovaptan; investigational oral medicine for treatment of social interactions in patients with autism disorder, Breakthrough Therapy Designation.
Key Developments in the Market:
- In January 2018, US Food and Drug Administration granted balovaptan; investigational oral medicine for treatment of social interactions in patients with autism disorder, Breakthrough Therapy Designation.
Competitive Analysis: Global Autism Therapy Market
The global autism therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of autism therapy market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Autism Therapy Market
Few of the competitors currently working in the autism therapy market are Pfizer Inc., Eli Lilly and Company, ALLERGAN, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Novartis AG, Johnson & Johnson Services Inc., Aspire Autism LLC, Hopebridge LLC., Bristol-Myers Squibb Company, Otsuka Holdings Co.Ltd., Curemark LLC., Sosei Group, Saniona, Sun Pharmaceutical Industries Ltd., Mylan N.V., Endo Pharmaceuticals Inc., and F. Hoffmann-La Roche Ltd.
Competitive Analysis: Global Autism Therapy Market
The global autism therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of autism therapy market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Segmentation: Global Autism Therapy Market
- By Type
- Asperger Syndrome
- Pervasive Developmental Disorder
- Autistic Disorder
- By Treatment Type
- Applied Behavioral Analysis (ABA)
- Hyperbaric Oxygen Therapy
- Chelation Therapy
- Oxytocin Therapy
- Others
- By Drug
- Anticonvulsants
- Antipsychotics
- Abilify (aripiprazole)
- Risperidone
- Insomnia Drugs
- SSRIs
- Stimulants
- Others
- By Distribution Channel
- Hospital & Clinics
- Retail Pharmacies
- Online Pharmacies
What is the cause for autism?
The major cause for autism in not known but researchers have found some genes which have connection to them. But symptoms of this condition start appearing in some people by birth. Sometime it could be because of the problem in the brain which affects the process of language and sensory input. But there are few of the factors which can cause autism such as less birth weight, any history of viral infection, family history of autism, genetic mutations, any exposure to environmental toxins & heavy metals, born to older parents and others.
How to treat this condition?
This condition cannot be cured but its symptoms can be improved. One should consult a doctor whenever they think that their children are showing any signs of the disease. The treatment of this condition depends upon the child whether they are showing mild or severe symptoms. Different types of therapies and medications are available to treat the condition related to autism. Some of the treatment includes:
- Behavior Management Therapy
- Speech language therapy
- Physical Therapy
- Occupational Therapy
- Medication Therapy
- Parent Medicated Therapy
- Speech Language Therapy
- Joint Attention Therapy
- Early Intervention
- Cognitive Behavior Therapy
The main aim of all these therapies is to decrease the signs of symptoms and help the patient so they can improve their learning & communication skills. It has been observed that if treatment should be started from preschool or before it can show more positive result. Treatment can help the autism people to perform normal functions.
There are still some substitute treatments which are available in the market for the treatment of this condition. High dose vitamin, hyperbaric oxygen therapy, melatonin and chelation therapy are some treatment which can be used to manage the autism.
Reasons to Purchase this Report:
- Current and future of global autism therapy market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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