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Guillain-Barre Syndrome (GBS) Market Size

  • Report ID: GMI9361
  • Published Date: May 2024
  • Report Format: PDF

Guillain-Barre Syndrome Market Size

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.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

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.

Guillain-Barre Syndrome (GBS) Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 316
  • Countries covered: 22
  • Pages: 170
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