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Duchenne Muscular Dystrophy Drugs Market Size

Report ID: GMI10182 Published Date: July 2024Report Format: PDF
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Duchenne Muscular Dystrophy Drugs Market Size

Duchenne Muscular Dystrophy Drugs Market size was valued at USD 3.2 billion in 2023 and is estimated to grow at 11.6% CAGR between 2024 to 2032. The market has seen considerable growth due to the increasing burden of DMD and rising demand for for novel therapies.

 

Duchenne Muscular Dystrophy (DMD) Drugs Market

For instance, according to data from the Muscular Dystrophy Association Inc., in June 2023, DMD prevalence in Europe and North America was approximately 6 per 100,000 individuals. Similarly, a study published in the PLOS One Journal, reported a general population prevalence ranging from 1.7 to 3.4 cases per 100,000 individuals, with a birth prevalence of 21.7 to 28.2 cases per 100,000 live male births. Thus, rising prevalence of these cases increases the demand for effective therapeutics, thereby driving market growth.

Furthermore, growing involvement of pharmaceutical companies in DMD drug development, coupled with strategic collaborations and partnerships, is accelerating innovation and market expansion. Moreover, increasing awareness, supportive regulatory frameworks, and collaborations between academia and pharmaceutical companies are expected to further accelerate the development and adoption of novel therapies in the global Duchenne muscular dystrophy (DMD) drugs market.

Duchenne muscular dystrophy (DMD) drugs refer to pharmaceutical treatments aimed at managing and potentially alleviating symptoms of DMD, a rare genetic disorder characterized by progressive muscle degeneration and weakness. These drugs target the underlying genetic mutation or associated symptoms, such as inflammation and deterioration of muscle function. They include corticosteroids like prednisone and deflazacort, exon skipping drugs such as eteplirsen and golodirsen, and emerging therapies like gene editing techniques and others.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Why is the demand for duchenne muscular dystrophy corticosteroids rising?+

The corticosteroids segment of the market will account for USD 1.2 billion by 2032, attributed to their well-established efficacy in slowing the progression of the disease.

How much is the duchenne muscular dystrophy drugs industry worth? +

The duchenne muscular dystrophy drugs market size was valued at USD 3.2 billion in 2023 and is estimated to grow at 11.6% CAGR between 2024 to 2032, driven by increasing burden of DMD and rising demand for novel therapies.

Why is the duchenne muscular dystrophy drugs industry growing in Asia Pacific?+

Asia Pacific duchenne muscular dystrophy drugs market held a decent share in 2023 and is poised to grow at 12% CAGR during 2024-2032, driven by increasing awareness and improved diagnostic capabilities.

Who are the major duchenne muscular dystrophy drugs industry players?+

Aurobindo Pharma, Capricor Therapeutics, Inc, Catalyst Pharmaceuticals Inc, EspeRare Foundation, and FibroGen, Inc. among others.

Duchenne Muscular Dystrophy Drugs Market Scope

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