Huntington’s Disease Drug Market Set To Grow To Over $800m In 2018
Visiongain has launched a new pharma report Global Huntington’s Disease Drug Market Forecast 2018-2028: Forecasts by Drug Class (Antidopaminergics, Antipsychotics, Anticonvulsants, Antidepressants, Other) and Geography, with Analysis for Leading Drug (Xenazine, Austedo, Clozapine, Haloperidol, Abilify), Leading Companies and Promising Pipeline Molecules
Huntington’s Disease is a progressive neurodegenerative disorder which can be inherited from one generation to another as an autosomal dominant trait. It arises due to genetically programmed degeneration of neurons in some parts of the brain such as basal ganglia and cerebral cortex. Basal ganglia play an important role in coordinating movement while cortex regulates perception, thought, and memory. Degeneration of neurons leads to progressive cognitive impairment and dementia. Huntington’s Disease has a broad impact on a person's functional abilities and usually results in movement, cognitive and psychiatric disorders. The most affected brain region is the striatum.
People suffering from Huntington’s Disease usually develop symptoms in their 30s and 50s. But the disease can emerge earlier or later in life. When the disease develops before age 20, the condition is called juvenile Huntington’s Disease. An earlier emergence of the disease often results in a different set of symptoms and faster disease progression. Medications are available to help manage the symptoms of Huntington’s Disease, but treatments can't prevent the physical, mental and behavioural decline associated with the condition.
The lead Visiongain report analyst for this report commented; ““The Global Huntington’s Disease market shows immense potential to grow in the future, growing in line with some emerging trends. One such trend is the increasing strategic partnerships in a move to introduce or diversify product portfolios pertaining to $@!#%. Another trend is advances in biomedical sciences and introduction of nanotechnologies in the global pharmaceutical market, which are revolutionising the development of medicines.
Lastly, the study of the pathogenesis of disease at genetic and molecular level have led to the discovery of new targets for therapy and producing disease modifying $@!#%.
There is a huge potential to tap the Huntington’s Disease market owing to high clinical & economic burden, the current lack of success rate of therapies, increasing patient awareness and physician education about HD.””
The Global market is highly competitive with many different players entering the market. The report discusses products from leading companies in the market. The report discusses products from leading companies in the market. Notable companies in the Huntington’s Disease market include Hoffmann-La Roche, H.Lundbeck, Teva Pharmaceutical Industries Prana Biotechnology, Sangamo Therapeutics Inc., Horizon Pharma, Omeros Corp. and Valeant Pharmaceuticals amongst others.
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