Research Nester published a report titled “Dystonia Drugs Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global dystonia drugs market in terms of market segmentation by drug type, treatment, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global dystonia drugs market is estimated to occupy a large revenue by growing at a CAGR of ~5% during the forecast period, i.e., 2022 – 2030, attributing to the rising prevalence of dystonia disorders, increasing cases of musculoskeletal diseases, and increasing healthcare expenditure in developed nations. Apart from these, rise in awareness about the disease among people globally is also expected to provide growth opportunities to the market in the upcoming years.
The market is segmented by drug type, treatment and end user. Based on treatment, the oral therapy segment is anticipated to grab the largest market share during the forecast period on the back of the fact that most of the dystonia medications are prescribed via oral mode of dosage. Additionally, by end user, the hospitals segment is projected to grab the largest share in the future ascribing to the high preference of patients to choose hospital facilities for treatment.
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Geographically, the global dystonia drugs market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific region is evaluated to witness noteworthy growth in the market during the forecast period attributing to the rising geriatric population and large patient pool in the region. Moreover, the market in North America is assessed to occupy the largest market share in the coming years owing to the strong presence of market players in the region.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Rising Occurrence of Musculoskeletal Disorders Across the World to Drive Market Growth
Musculoskeletal disorders are emerging as leading contributors to disability around the world. These conditions limit dexterity and mobility and lead to early retirement from work and reduce accumulated wealth. As a result, these are gaining worldwide recognition since the last decade, which in turn is anticipated to drive market growth in the near future.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, lack of awareness about dystonia in lower economic regions is expected to operate as key restraint to the growth of the global dystonia drugs market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global dystonia drugs market which includes company profiling of Pfizer, Inc., Ipsen Biopharmaceuticals, Inc., Revance Therapeutics, Inc., Solstice Neurosciences LLC, US Worldmeds, LLC, Merz Pharma GmbH & Co. KGaA, Medytox, Inc., Novartis AG, Mylan N.V., GlaxoSmithKline plc, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dystonia drugs market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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