Triple X Syndrome Management Market is expected to reach US$ 268.83 million by 2033, at a CAGR of 6% | FMI Report
The global Triple X Syndrome Management market is expected to exceed an impressive valuation of US$ 150 million in 2023, with a CAGR of 6% from 2023 to 2033, according to a recently published report by Future Market Insights.
Girls who are undergoing behavioral issues, such as disruptions in learning language and motor skills, can benefit from early detection and intervention. Several research studies have shed light on the evolving treatment trends for this disease.
For example, in October 2021, the American Academy of Pediatrics published a study titled “Reading Proficiency Trends Following Newborn Hearing Screening Implementation,” which found that after Early Hearing Detection and Intervention implementation, all groups of children with hearing impairment became more likely to achieve proficient and advanced reading ability.
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According to the Organization for Rare Disorders (CORD) Report 2021, a rare disease affects nearly one in every twelve Canadians each year, with gene mutations accounting for about 80% of these diseases. The triple X syndrome management market is projected to expand significantly during the forecast period due to the region’s increased proportion of rare diseases.
Key Takeaways from the Market Study
- One in every 1000 females is considered to be affected by Triple X Syndrome.
- Every day, 5-10 girls in the United States are born with triple x syndrome.
- Triple X Syndrome is a rare disease that affects fewer than 200,000 people in the United States.
- Over the next few decades, the Speech therapy segment is projected to expand at a 5.8% CAGR.
- The global Triple X Syndrome Management market is expected to be worth $268.83 million.
“The market is expected to expand significantly. The market’s rapidly evolving research organizations are equipped with and employ specialists from a wide range of clinical disciplines, causing significant progress in understanding triple x-related illnesses and treatment,” says an FMI analyst.
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Key Market Players
Key players in the Triple X Syndrome Management market are Centogene N.V., Eurofins Discovery, Hoffmann-La Roche Ltd., Invitae Corporation, Illumina Inc, Natera Inc, PerkinElmer Inc, Quest Diagnostics Incorporated, Eurofins LifeCodexx GmbH, Ravgen. Some of the developments by key players are below
- Eurofins LifeCodexx GmbH is a company that develops non-invasive diagnostic prenatal tests. Starting in the tenth week of pregnancy (9 + 0 weeks since LMP), the PrenaTest® detects Triple X syndrome.
- The most comprehensive set of prenatal analytes available on any platform is endorsed by PerkinElmer Inc’s AutoDELFIA® immunoassay system for prenatal and neonatal screening. The AutoDELFIA® system has emerged as the diagnostic solution of choice for triple X Syndrome research laboratories, delivering consistent, successful results.
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Key Segments Profiled in the Triple X Syndrome Management Market Industry Survey
By Treatment:
- Periodic Screening
- Early Intervention Services
- Speech Therapy
- Occupational Therapy
- Physical or Developmental Therapy
- Psychological Counselling
By End-Users:
- Hospitals
- Specialty Clinics
- Others
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified 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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