Apraxia drug market is rare CNS disorder, a condition in which a person is unable to perform a task or movement despite having the physical capability and desire to carry it out. Apraxia occurs due to damaging of the brain tissues (specifically the posterior parietal cortex) which causes problem in motor coordination of the body. Symptoms include delayed onset of movements, difficulty in speaking among others.
According to American Speech Language Hearing Association (ASHA), it estimates that childhood apraxia of speech (CAS) occur in 1 to 2 children per 1,000 (0.1%–0.2%) and with a ratio of 2-3:1, it is estimated to be higher in male children in comparison to female children.
Apraxia drug market is growing at a steady CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of neurological disorders, increasing investment of biotechnology and pharmaceutical industries in R&D, and rising need for the better treatment methods increasing healthcare expenditure.
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Market Drivers and Restraints:
Increasing prevalence of neurological disorders is driving the market growth
Increasing investment of biotechnology and pharmaceutical industries in R&D also acts as a market driver
Rising need for the better treatment methods is expected to drive the market growth
Increasing global healthcare expenditure drives the market growth
No approved drug for apraxia is found yet which hampers the market growth
High cost of treatment for this disorder acts as a market restraint a
Insufficient number of healthcare professional for physical therapy also restricts the market growth
The major players covered in the Apraxia Drug Market
The key market players in the global apraxia drug market are Pfizer Inc, Sunovion Pharmaceuticals Inc, BlackThorn Therapeutics, Abide Therapeutics, Inc, Cogstate Ltd, Bioanalytical Systems, Inc, Salarius Pharmaceuticals, Inc, Assertio Therapeutics, Inc, Implicit Bioscience, Otsuka Holdings Co. Ltd, UCB Pharma Ltd, Solvay, Novartis AG, AbbVie Inc, Abbott, Neurocrine Biosciences, Inc, Orion Corporation, Prexton Therapeutics, Biogen among others.
Major TOC Of The Report
Chapter One: Apraxia Drug Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Apraxia Drug Market Competition, by Players
Chapter Four: Global Apraxia Drug Market Size by Regions
Chapter Five: North America Apraxia Drug Market Revenue by Countries
Chapter Six: Europe Apraxia Drug Market Revenue by Countries
Chapter Seven: Asia-Pacific Apraxia Drug Market Revenue by Countries
Chapter Eight: South America Apraxia Drug Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Apraxia Drug Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Apraxia Drug Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Apraxia Drug Market
A roadmap of growth opportunities available in the global Apraxia Drug Market with the identification of key factors
The exhaustive analysis of various trends of the global Apraxia Drug Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Apraxia Drug Market?
What will the Apraxia Drug Market Demand and what will be Growth?
What are the latest opportunities for Apraxia Drug Market in the future?
What are the strengths of the key players?
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