The global autism spectrum disorder management market is anticipated to grow consistently at a 5.2% Compound Annual Growth Rate (CAGR) until it reaches US$3.55 billion in 2033. This market’s expected value in 2023 is US$2.14 billion, which is driving this growth.
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Autism Spectrum Disorder (ASD) is characterized by recurrent behaviors, speech difficulties, and social interaction problems. As awareness and diagnosis rates rise, so does the demand for effective management solutions.
Autism spectrum is a brain illness. The effects of autism spectrum disorder on brain growth and development are permanent.
The primary childhood period is when autism spectrum disorder is first detected. A person with autism spectrum disorder may have a variety of effects, including altered behavior, difficulty communicating during everyday life events, social isolation, and many more.
While the scientific community and research team are unable to determine the exact etiology of autism spectrum disorder, current studies and predictions suggest that the illness may be a result of a hereditary problem.
Competitive Landscape:
Key Take of the Biggies in the Autism Spectrum Disorder Management Market
The key players in the market are making efforts and continually indulging in joint ventures, collaboration & mergers amongst themselves to launch novel products for the treatment of autism by research institutes, and cost-effective treatment for the end-users.
Recent Developments
Some of the recent developments are:
- In 2021, Zelira Therapeutics announced the launch of the HOPE (Health Opportunity for Peoples Everywhere) partnership with Alternative Solutions LLC. This is a range of autism spectrum disorder products. This product will help patients recover from their social and communication problems.
- In 2021, Fitore Nutrition announced the launch of Spectrum+ to ease the lives of children with an autism spectrum disorder. This product is a natural supplement that pides supportive treatment for children with autism.
- Quadrant Bioscience Inc. announced the launch of Carifi ASD. This is the first epigenetic test for autism spectrum disorder.
- HAB pharma and JVAC (Jai Vakeel Autism Centre) have partnered to empower autistic kids in India. The 30+ year-old research-based pharma company HAB pharma is expected to help JVAC with diagnosis and treatment.
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Key Players:
- Curemark, LLC (Rye, United States)
- Alembic Pharmaceuticals Limited (Vadodara, India)
- Yamo Pharmaceuticals (New York)
- PaxMedica (Woodcliff Lake)
- F. Hoffmann-La Roche Ltd (Basel, Switzerland)
- Aurobindo Pharma Ltd. (Hyderabad, India)
- Otsuka Holdings Co. Ltd. (Tokyo, Japan)
- Janssen Pharmaceuticals, Inc. (Titusville, New Jersey)
- Teva Pharmaceutical Industries Ltd. (Tel Aviv, Israel)
- H. Lundbeck A/S (Copenhagen, Denmark)
Key Segments Covered:
By Product Type:
- Autistic Disorder
- Asperger Syndrome
- PDD-NOS
- Other Pervasive Developmental Disorders
By Treatment:
- Behavioural Approaches
- Early Intervention
- Medication
- Others
By End-User:
- Hospitals
- Education Counsellor Center
- Others
Key Regions Covered:
- North America
- United States
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- United Kingdom
- France
- Spain
- Russia
- Rest of Europe
- Japan
- Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
- Middle East and Africa
- GCC Countries
- Israel
- South Africa
- Middle East and Africa (MEA)
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