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Huntingtons Disease Treatment Market Size

  • Report ID: GMI10732
  • Published Date: Aug 2024
  • Report Format: PDF

Huntington’s Disease Treatment Market Size

Huntington’s Disease Treatment Market size in 2023 was valued at USD 457.5 million and is poised to grow at 20.8% CAGR from 2024 to 2032. The market is experiencing significant growth, driven by the increasing prevalence of the disease and advancements in medical research.

 

Improved diagnostic tools and greater awareness have led to more cases being identified, which, in turn, boosts the demand for effective treatments. Advancements in genetic testing allow for earlier and more accurate diagnoses, resulting in timely interventions. Additionally, the introduction of generic versions of essential drugs like tetrabenazine has made treatments more accessible and affordable, further expanding the market.
 

Furthermore, increased funding and investments from governments, private investors, and pharmaceutical companies support the discovery and development of new therapies, further boosting market growth. The global aging population, which is more susceptible to neurodegenerative diseases, is also expected to drive demand for Huntington’s disease (HD) treatments.
 

HD treatment involves managing symptoms, as there is no cure. HD is characterized by a combination of motor, cognitive, and psychiatric symptoms, including involuntary movements (chorea), coordination problems, cognitive decline, and emotional disturbances. Pharmacological treatments include drugs like tetrabenazine and deutetrabenazine for chorea, and antipsychotics like haloperidol and olanzapine for psychiatric symptoms.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Huntington’s disease treatment industry size was USD 457.5 million in 2023 and will grow at 20.8% CAGR between 2024 and 2032, driven by the increasing prevalence of the disease and growing awareness about neurodegenerative disorders.

The tetrabenazine segment held 47.8% share in 2023, primarily due to its proven efficacy in managing chorea, a primary symptom of the disease.

North America Huntington’s disease treatment industry achieved USD 183.9 million in 2023, propelled by its advanced healthcare infrastructure and significant investments in research and development.

Bausch Health Companies Inc., CHEPLAPHARM Arzneimittel GmbH, Dr. Reddy’s Laboratories Ltd., H. Lundbeck A/S, Hikma Pharmaceuticals PLC, Lupin Limited, Neurocrine Biosciences, Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and Upsher-Smith Laboratories, LLC., among others.

Huntingtons Disease Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 204
  • Countries covered: 22
  • Pages: 112
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