Tourette’s Syndrome Drugs Report, 2019-2023: Market to Witness a CAGR of Approx 5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 10, 2019--
The “Tourette’s Syndrome Drugs Market by Product and Geography - Global Forecast and Analysis 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The Tourette’s syndrome drugs market analysis considers sales from both antipsychotics and non-antipsychotics products. The analysis also considers the sales of Tourette’s syndrome drugs in Asia, Europe, North America, and RoW.
In 2018, the antipsychotics segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the strong therapeutic value of antipsychotics will play a significant role in the antipsychotics segment to maintain its market position.
Also, the global Tourette’s syndrome drugs market report looks at factors such as growing awareness about Tourette’s syndrome, regulatory incentives, and its morbid nature of disease. However, adoption of non-pharmacological therapies, difficulty in diagnosis, and drug in late-stage clinical trials may hamper the growth of the Tourette’s syndrome drugs industry over the forecast period.
Morbid nature of the disease
As Tourette’s syndrome is basically a neurodevelopment syndrome that produces results in repetitive, involuntary movements and unwanted sounds - collectively termed as tics - this syndrome is often accompanied by other disorders such as attention deficit hyperactivity disorder ADHD and obsessive-compulsive disorder OCD. These conditions lead to poor psychological functioning and quality of life. Therefore, a supportive environmental, behavioral and emotional support are necessary to overcome the challenges faced by the patients.
Several non-antipsychotic and atypical antipsychotic drugs, such as quetiapine, olanzapine, risperidone, and aripiprazole are available at low cost that help in suppressing tics in patients with Tourette’s syndrome. This low cost and morbid nature of the disease will lead to the expansion of the global Tourette’s syndrome drugs market at a CAGR of almost 5% during the forecast period.
Development of novel therapeutics
Several pharmaceutical companies and researchers are focusing on the development of novel drugs that correct the dopaminergic disturbances responsible for motor and vocal tics in Tourette’s syndrome patients. For instance, ecopipam, a first-in-class drug developed by Emalex Biosciences, selectively blocks the actions of the neurotransmitter dopamine at the D1 receptor pediatric patients.
Also, Therapix Biosciences is evaluating the efficacy and safety of THX-110, a drug candidate platform for the treatment of symptoms related to Tourette’s syndrome. This development is expected to have a positive impact on the overall market growth.
With the presence of several major players, the global Tourette’s syndrome drugs market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Tourette’s syndrome drugs manufacturers, that include:
Also, the Tourette’s syndrome drugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/2ij6l3
View source version on businesswire.com:https://www.businesswire.com/news/home/20190910005842/en/
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INDUSTRY KEYWORD: BIOTECHNOLOGY PHARMACEUTICAL HEALTH
SOURCE: Research and Markets
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PUB: 09/10/2019 11:20 AM/DISC: 09/10/2019 11:20 AM