If you are new to TikTikTalk ? Your first verification mail might be in your spam folder.Check there and move it to your inbox to complete registration or account verification process..
Gesponsert
sociofans

Duchenne Muscular Dystrophy Market Hits $800M in 2023, Set for 7% Growth Ahead

0
379

According to a new report by UnivDatos Market Insights, the Duchenne Muscular Dystrophy Market reached USD 800 million in 2023 and will grow at a CAGR of ~7% during the year 2024-32F. This is mainly because expanding treatment options will give patients access to a broader range of treatment options, enabling growth and penetration in the Duchenne Muscular Dystrophy industry as more therapies receive regulatory approval. For instance, on March 21, 2024, the U.S. Food and Drug Administration approved Duvyzat (givinostat) oral medication for treating Duchenne Muscular Dystrophy (DMD) in patients six and older. Duvyzat is the first nonsteroidal drug approved to treat patients with all genetic variants of DMD. This expansion will enhance personalized care approaches, allowing for better disease management based on individual patient needs.

For More Detailed Analysis in PDF Format, Visit- https://univdatos.com/reports/duchenne-muscular-dystrophy-market?popup=report-enquiry

The ability to tailor treatments to individual genetic profiles and specific disease manifestations enhances patient outcomes and drives market demand. Some of the key developments influencing the Duchenne Muscular Dystrophy market include:

·       On March 28, 2024, Critical Path Institute’s (C-Path) Duchenne Regulatory Science Consortium (D-RSC) announced the launch of a groundbreaking model-based Clinical Trial Simulator (CTS) specifically designed to improve the design of efficacy studies for potential therapies for Duchenne muscular dystrophy (DMD). This pioneering Drug Development Tool is set to positively impact the medical research community by significantly optimizing clinical trial design.

·       On January 5, 2023, Sarepta Therapeutics announced the signing of a commercial supply agreement for Catalent to manufacture delandistrogene moxeparvovec (SRP-9001), Sarepta’s most advanced gene therapy candidate for the treatment of Duchenne muscular dystrophy (DMD).

·       On September 30, 2022, Solid Biosciences Inc., a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), announced the closing of its acquisition of AavantiBio, Inc., a privately held gene therapy company focused on transforming the lives of patients with Friedreich’s ataxia and rare cardiomyopathies. The acquisition included its pipeline assets and net cash.

The regulatory framework's focus on personalized medicine has led to the approval of treatments tailored to individual needs and desired outcomes, enhancing patient satisfaction and driving market demand. Some of the most approved treatments for Duchenne Muscular Dystrophy include:

The treatment of Duchenne muscular dystrophy has included significant non-steroidal advances that offer new hope for managing the disease. Among these, Duvyzat (givinostat) stands out as a noteworthy development. Approved by the FDA in March 2024, Duvyzat is a non-steroidal histone deacetylase (HDAC) inhibitor that has demonstrated efficacy in reducing muscle deterioration across all genetic forms of Duchenne muscular dystrophy.

·       On June 22, 2023, Sarepta Therapeutics announced U.S. Food and Drug Administration (FDA) accelerated approval of ELEVIDYS, an adeno-associated virus-based gene therapy for the treatment of ambulatory pediatric patients aged 4 through 5 years with Duchenne muscular dystrophy (DMD) with a confirmed mutation in the DMD gene.

Explore the Comprehensive Research Overview - https://univdatos.com/reports/duchenne-muscular-dystrophy-market

Related Reports:

Polymethyl Methacrylate (PMMA) Market

Ammonia (NH3) Gas Sensor Market

Carbon Nanotubes (CNT) Market

Adeno-Associated Virus Gene Therapy Market

Non-Surgical Skin Tightening Market

Conclusion

In conclusion, the Duchenne Muscular Dystrophy (DMD) market is poised for substantial growth, fueled by increasing prevalence, innovative therapies, and a supportive regulatory landscape. With a projected CAGR of ~7% from 2024 to 2032, the market registered USD 800 million in 2023. The market is witnessing significant advancements, such as the approval of Duvyzat and ELEVIDYS, marking a shift towards personalized medicine. Moreover, initiatives like the launch of the Clinical Trial Simulator and strategic agreements between companies further indicate a promising future for DMD treatment development and patient care.

Contact Us:

UnivDatos Market Insights

Contact Number - +19787330253

Email - [email protected] 

Website - www.univdatos.com

Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/

Gesponsert
Gesponsert
Search
Gesponsert
Nach Verein filtern
Read More
Gardening
Tafe Tractor price and features: KhetiGaadi
When it comes to agricultural machinery, TAFE (Tractors and Farm Equipment Limited) is a name...
Von Payalrajput11 2023-07-05 07:55:57 0 4KB
Networking
Utilization Management Software Market With Manufacturing Process and CAGR Forecast by 2033
According to Regional Research Reports, the Global Utilization Management Software...
Von Nit234 2024-05-29 07:16:55 0 1KB
Other
More Electric Aircraft Market SWOT Analysis of Key Players Forecast Report 2030
More Electric Aircraft Market Overview: Market research provides a thorough examination of the...
Von emilycooper 2023-07-18 07:51:08 0 4KB
Other
India Mental Health Market Size, Share, Growth, Trends and Forecast 2024-2032
According to a new report by UnivDatos Market Insights, the India Mental Health Market is...
Von davidthamus55 2024-11-05 13:15:39 0 788
Party
Millwall vs Bristol City Prediction, Odds and Betting Tips 29/12/2022
  * Betting odds were correct at the time of publication but are subject to change...
Von thanhle12 2022-12-29 02:56:20 0 9KB
Gesponsert