Duchenne Muscular Dystrophy Drugs Market Analysis
Based on the drug type, the market is categorized as exon skipping drugs, corticosteroids, gene therapy, and other drug types. The corticosteroids segment is set to lead the market, accounting for the largest revenue of USD 1.2 billion, anticipating its dominance throughout the forecast period with a CAGR of 11.4%.
- High market share of corticosteroids can be attributed to their well-established efficacy in slowing the progression of the disease. Prednisone and deflazacort, the most used corticosteroids, are pivotal in managing DMD by improving muscle strength and function, delaying the loss of ambulation, and reducing the risk of scoliosis and respiratory complications.
- The widespread adoption of these drugs is driven by their ability to modulate inflammation and improve clinical outcomes, combined with extensive clinical research supporting their benefits.
- Additionally, the relatively lower cost and accessibility of corticosteroids compared to newer, more expensive therapies contribute to their dominant market position.
Based on route of administration, the DMD drugs market is classified into oral and injectable. The oral segment held a market share of 66.5% in 2023 and is expected to maintain dominance throughout the analysis period.
- Oral medications provide convenience and ease of administration compared to injectable or infusion-based therapies, which is especially important for pediatric patients.
- Additionally, advancements in oral formulations provide effective disease management.
- Thus, the increased patient compliance and preference for non-invasive treatments have significantly contributed to the growth and accessibility of DMD therapies, making the oral route the preferred choice in the market.
U.S. dominated the North American Duchenne muscular dystrophy drugs market accounting for USD 1.3 billion in 2023 and is anticipated to show considerable growth over the analysis period.
- The U.S. holds a prominent position in the North American market due to the high prevalence of DMD, and substantial funding for research anticipating launches of attractive pipeline candidates.
- For instance, in March 2204, Catalyst Pharmaceuticals, Inc. announced the U.S. commercial launch of AGAMREE oral suspension 40 mg/mL for treating DMD in patients aged two years and older. Following FDA approval on October 26, 2023, AGAMREE is now available by prescription and dispensed countrywide through a specialty pharmacy network in the U.S. This launch marked a significant breakthrough in expanding treatment options for DMD patients in the U.S., enhancing access to vital therapies.
- Additionally, patient advocacy groups and government initiatives further bolster market growth, ensuring rapid advancements and improved access to cutting-edge treatments for DMD patients.
Germany exhibited a high growth potential in the European duchenne muscular dystrophy drugs market.
- The country's robust healthcare infrastructure and advanced research capabilities foster the development and adoption of innovative DMD treatments.
- Government initiatives and funding for rare disease research have also played a crucial role in accelerating clinical trials and regulatory approvals for new therapies.
- Additionally, the presence of leading pharmaceutical companies and collaborative efforts between academic institutions and industry stakeholders enhance Germany's capacity to bring novel DMD drugs to market.
The Asia Pacific DMD drugs market is poised for rapid growth with a CAGR of 12% during the forecast period.
- Asia Pacific is poised for rapid growth due to increasing awareness, improved diagnostic capabilities, and rising healthcare expenditure.
- Countries like Japan, China, and India are witnessing increased R&D activities, with several biotech companies and academic institutions focusing on development novel therapies, further drives growth in the Asia Pacific region.
- For instance, researchers in India are developing an affordable treatment for DMD. The Indian Institute of Technology (IIT) Jodhpur, in collaboration with the Dystrophy Annihilation Research Trust (DART) and AIIMS Jodhpur, has established a research center to create cost-effective therapeutics. This initiative is aimed to make treatment more accessible and affordable for affected families.
- Furthermore, growing government initiatives and supportive regulatory frameworks are also fostering growth in this market.