Autism Disorder and Treatment Market 2022 Business Opportunities, Sales, Regional Analysis 2030
Market Overview
The Autism Disorder and Treatment Market was valued at USD 29.8 billion in 2021 and is projected to grow from USD 31.12 Billion in 2022 to USD 42.15 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.43% during the forecast period (2022 - 2030).
Market Highlights
Leading to the incidence of autism and Persistent Developmental Disorder (PDD) and the understanding of autism within the patient population, the worldwide autism diagnosis and care industry has been described as one of the fast-growing markets. Owing to steps taken by the government of different countries and planned approvals by the Food and Drug Association (FDA) of different off-label medication treatments, autism disorder and treatment is seen as one of the substantially rising industries in the healthcare industry.
Main drivers driving the worldwide demand for autism spectrum disorder care are the growth in the number of government-sponsored autism advocacy campaigns, the advancement in innovative drugs, the increase in the number of autism patients, and increasing research & development activities. Technology innovation results in an E learning initiative to increase visibility in every part of the globe. Another main fueling driver for the autism spectrum disorder care industry is the rising number of branded prescription products for autism therapy and pipeline medicines.
Competitive Dashboard
Some of the Autism Disorder and Treatment Market Players are Eli Lilly and Company, Allergan, Merck & CO Inc., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Consern Pharma Private Limited, Novartis AG, Johnson & Johnson Services, Inc. Coronis Partners Ltd., Saniona AB, Curemark LLC, Bristol-Myers Squibb and Otsuka Holdings Co., Ltd., Heptares Therapeutics Limited, Intra-Cellular Therapies Inc., and few others.
Segmental Analysis
The demand for global autism disorder and therapy is segmented by type, type of treatment, and medications.
· Segmented by type Asperger Syndrome, Pervasive Developmental Disorder, and others. The largest group, by form, is the omnipresent developmental condition, which is expected to rise at a CAGR of 4.73 percent during the forecast period.
· It is segmented into ABA (applied behavioural analysis), hyperbaric oxygen therapy, chelation therapy, oxytocin therapy, and others according to treatment type.
· By treatment type, ABA is the largest segment in the world and is projected to rise at a CAGR rate of 4.82 percent during the forecast period.
· It is segmented by drugs into SSRIs, anti-convulsants, stimulants, anti-psychotics. There is a segmentation of anti-psychotics into Abilify (aripiprazole) and Risperidone. In the global autism condition and addiction therapy industry, the anti-psychotic accounted for the highest market share and is projected to rise at a CAGR of 3.95 percent for the forecast period.
Regional Overview
The global demand for autism disorder and treatment is split into four areas, including the Americas, Asia Pacific, Europe, and the Middle East & Africa, with the highest autism disorder and treatment market share being held by the Americas, followed by Europe.
In the Americas, due to the growing screening of autism cases in that area, North America was the largest market. In addition, the legalisation of the atypical anti-psychotic and planned launch, such as Latuda and Namenda, is expected to produce increased revenue in the post-approval U.S.
Asia Pacific is projected to be the fastest growing region, with stable development and growth in the Middle East & Africa throughout the forecast period. Japan leads the Asia Pacific region. The fact that increasing screening is the probable cause of increasing cases of Autism can be mirrored in close observation. This represents the needs of the developed world that are untapped and unmet. In the years to come, the competition will therefore be dominated by industrialised regions and the developing region's market will only speed up after the introduction of a specific medicine. The demand for non-pharmacological care would be more influenced by government policy and increasing wages, especially in the developed world.
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