Guillain-Barre Syndrome (GBS) Market
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Guillain-Barre Syndrome Market size was valued at around USD 645.2 million in 2023 and is estimated to grow at 4.6% CAGR from 2024 to 2032, driven by an increased occurrence of the condition, especially in areas with prevalent infectious diseases.
A University of Minnesota study from October 2023 highlighted an increased GBS risk among COVID-19 patients, with 67% of GBS cases preceding respiratory or gastrointestinal infections. The study further observed that the average age of patients with GBS is 56, and approximately half of these patients were female. Thus, the growing incidence of disease further surges the demand for novel treatment options propelling the market growth. Furthermore, innovations in diagnostics, enhanced research and development (R&D) for novel treatments, and in immunomodulatory therapies, including intravenous immunoglobulin (IVIG) and plasma exchange (plasmapheresis), are set to further propel market expansion.
GBS is a rare neurological disorder characterized by the body's immune system erroneously targeting its peripheral nervous system, which consists of the nerves outside the brain and spinal cord. This immune response results in symptoms such as muscle weakness, numbness, and in some cases, paralysis. These symptoms can intensify rapidly, and the condition may become critical, especially if it impacts the muscles responsible for breathing.
Report Attribute | Details |
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Base Year: | 2023 |
Guillain-Barre Syndrome Market size in 2023: | USD 645.2 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 4.6 |
2023 Value Projection: | USD 963.1 Million |
Historical Data for: | 2021 - 2023 |
No of Pages: | 170 |
Tables, Charts & Figures: | 316 |
Segments Covered: | Treatment Type, Type, Gender, Age Group, End-user, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The expanding elderly demographic has been a significant driver for the growth of the GBS market, with increasing numbers of the elderly population contributing to higher demand for diagnosis, treatment, and management of the condition. According to the World Health Organization's 2021 forecast by 2030, one in six individuals worldwide will be over 60, with their numbers expected to grow from 1 billion in 2020 to 2.1 billion by 2050. The elderly population, particularly those over 80, is projected to triple to 426 million by 2050. The rise in the demographic are prone to GBS, thereby the demand for novel treatment options increases which in turn spur the market growth.
Based on treatment type, the market is classified into first-line treatment and supportive treatment. The first-line treatment segment is expected to hold the largest market share and maintain dominance with a projected CAGR of 4.8%.
Based on type, the GBS market is categorized into acute inflammatory demyelinating polyneuropathy (AIDP), chronic inflammatory demyelinating polyradiculoneuropathy (CIDP), miller fisher syndrome (MFS), acute motor axonal neuropathy (AMAN), and other types. The AIDP segment is projected accounted the largest market share of 59.7% in 2023 and is expected to maintain dominance throughout the analysis period.
Based on gender, the Guillain-Barre syndrome (GBS) market is bifurcated into male and female. The male segment accounted for the highest share and is expected to reach USD 678.7 million by 2032.
Based on age group, the Guillain-Barre syndrome market is classified into below 20 years, 21-40 years, 41-59 years, and 60 and above. The age segment of 41-59 years contributed the largest revenue of USD 230.6 million in 2023.
Based on end-user, the guillain-barre syndrome market is categorized into hospitals, clinics, rehabilitation centers, and other end-users. The hospital segment is projected to reach USD 401.4 million growing at a CAGR of 4.6% during the analysis period.
U.S. dominated the North American Guillain-Barre syndrome market accounting for the highest market revenue of USD 305.4 million in 2023 anticipating significant growth over the analysis period.
Germany exhibited a high growth potential in the European Guillain-Barre syndrome market.
Japan gained traction in the GBS market anticipating substantial growth during the analysis period.
The key players within the competitive landscape prioritize vying for product effectiveness, safety credentials, pricing tactics, and geographical reach. Primary areas of concentration involve R&D, strategic partnerships, and initiatives for market expansion. These endeavours aimed to secure a competitive advantage and bolster market share.
Some of the prominent market players operating in the GBS industry include:
Market, By Treatment Type
Market, By Type
Market, By Gender
Market, By Age Group
Market, End-user
The above information is provided for the following regions and countries:
Guillain-Barre syndrome industry size recorded USD 645.2 million in 2023 and will exhibit a 4.6% CAGR between 2024 and 2032 due to the increasing prevalence of autoimmune diseases, growing healthcare infrastructure, and rising healthcare expenditure.
The first-line treatment segment in the Guillain-Barre syndrome industry will register 4.8% CAGR till 2032, driven by the crucial role of initial therapies, such as intravenous immunoglobulin and plasma exchange, in managing the condition effectively.
North America Guillain-Barre syndrome industry size was USD 305.4 million in 2023, owing to advanced healthcare infrastructure, heightened awareness, and extensive R&D activities in the region.
Key Guillain-Barre syndrome industry players are AbbVie Inc., Biogen Inc., Cadila Healthcare Limited., CSL Behring LLC, F. Hoffmann-La Roche Ltd., GSK plc, Grifols SA, LGM Pharmaceuticals Inc., Merck & Co. Inc., Pfizer Inc., and Takeda Pharmaceutical Company Limited., among others.