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Prader-Willi Syndrome (PWS) Treatment is Estimated to Witness Growth Owing to Increasing Research Efforts Towards Novel Therapies

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Kajal Patil
Prader-Willi Syndrome (PWS) Treatment is Estimated to Witness Growth Owing to Increasing Research Efforts Towards Novel Therapies

Prader-Willi syndrome (PWS) is a rare genetic disorder characterized by intellectual disabilities, physical abnormalities, obesity, and behavioral issues. Common symptoms include poor muscle tone, difficulty feeding, short stature, incomplete sexual development, chronic feeling of hunger, and temper tantrums. The disorder arises due to loss of function of Paternally Expressed Genes on chromosome 15. Treatment options aim to manage symptoms and improve the quality of life of the patients. Pharmaceutical companies are developing drugs targeting the genetic causes and symptoms of PWS.

The Prader-Willi Syndrome (PWS) market is estimated to be valued at USD 0.916 Bn in 2024 and is expected to reach USD 1.47 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Key players operating in the Prader-Willi syndrome (PWS) treatment market are Chiasma, Millendo Therapeutics, Roche, Novartis and Pfizer.Increasing awareness initiatives by patient advocacy groups and research funding from government and private organizations are expected to generate opportunities in the market. Development of therapies targeting the genetic defects and growth hormone dysfunction could provide momentum.North America dominates the global Prader-Willi Syndrome (PWS) Treatment Market gowing to the high diagnosis rates and availability of advanced therapies. However, the Asia Pacific region is anticipated to emerge as a lucrative market attributed to improving healthcare infrastructure and rising disposable income.

Market Drivers

The increasing research efforts towards developing novel therapeutics targeting different aspects of PWS pathology are expected to drive the market during the forecast period. For instance, Chiasma’s oral octreotide candidate could see approval by 2024 to treat hyperphagia and related behaviors in PWS patients. Furthermore, gene therapies showing potential in animal models are expected to enter clinical trials boosting the market.

PEST Analysis

Political: The policies and regulations set by government authorities have an impact on the growth of the Prader-Willi Syndrome market. The funding for research activities related to rare diseases affects drug development.

Economic: The rising healthcare expenditure, increasing disposable incomes, and growing awareness about available treatment options has been fueling the growth of the Prader-Willi Syndrome market.

Social: The social acceptance and support received from communities can influence people suffering from Prader-Willi Syndrome to seek proper treatment. Non-profit organizations spreading awareness also impact the market.

Technological: Advancements in genetic analysis techniques, diagnostic methods, and drug discovery approaches are enhancing the treatment landscape. Connected drug delivery devices and therapeutics are boosting market expansion.The geographical region where the Prader-Willi Syndrome market in terms of value is concentrated currently is North America. This is primarily due to the strong presence of major industry players, rising healthcare expenditure, and growing patient awareness levels in the US and Canada. Europe is also among the prominent revenue generating regions attributable to increasing government support for rare disease research.The Asia Pacific region is anticipated to witness the fastest growth in the Prader-Willi Syndrome market over the forecast period. This is attributed to factors such as rising healthcare spending, growing economy, expansion of private healthcare insurance, increasing population, and increasing investments by key market players exploring business opportunities. Emerging nations like India, China, and South Korea are expected to fuel the marketgrowth in the coming years. Improving healthcare infrastructure and facilities in the rural areas also contribute positively to market development in Asia Pacific.

Get this Report in Japanese Language: プラダーウィリ症候群（PWS）治療市場

Get this Report in Korean Language:  프라더윌리증후군(PWS) 치료 시장

Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163


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Ishika cmi 2024-03-05
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The global Leigh syndrome treatment market is experiencing several notable trends that are shaping its growth trajectory and are expected to influence market dynamics in the forecast period. One prominent trend is the focus on personalized medicine approaches for treating Leigh syndrome. Given the genetic heterogeneity of Leigh syndrome and the variability of symptoms among patients, personalized treatment strategies tailored to individual patients' genetic profiles are gaining traction. However, challenges such as high treatment costs, limited therapeutic options, and regulatory complexities may impede market growth to some extent. As research progresses and treatment options evolve, patients with Leigh syndrome can expect improved quality of life and better clinical outcomes.
"Emerging Therapies in Tourette Syndrome Treatment: Market Outlook"
Sumedha 2023-10-04
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Over the years, there have been notable advancements in the treatment of Tourette Syndrome, offering hope to individuals and their families. This blog explores the evolving landscape of the Tourette Syndrome treatment market and the promising developments in this field. Conclusion:The Tourette Syndrome treatment market share has evolved significantly over the years, offering a range of options to individuals affected by the disorder. From behavioral therapy and medication to emerging treatments like gene therapy, there is hope for improved symptom management and quality of life. As research and innovation continue, the outlook for individuals living with Tourette Syndrome continues to improve, providing a brighter future for those affected by this challenging condition.
Global Duane Syndrome Treatment Market Forecast Research Report 2021-2028
Zoyra Ali 2022-05-16
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The major players in the duane syndrome treatment market include Quest Diagnostics, Inc. Get more information on “Global Duane Syndrome Treatment Market Research Report” by requesting FREE Sample Copy at https://www. Additionally, these tools also give an inclusive assessment of each segment in the global market of duane syndrome treatment. Browse Global Duane Syndrome Treatment Market Research Report with detailed TOC at https://www. Purchase Complete Global Duane Syndrome Treatment Market Research Report at https://www.
Global Wolfram Syndrome Treatment Market Report, Latest Trends, Industry Opportunity & Forecast to 2028
AjayySharmaa 2022-06-13
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The Wolfram Syndrome Treatment market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. Get more information on "Global Wolfram Syndrome Treatment Market Research Report" by requesting FREE Sample Copy at https://www. com/contact/wolfram-syndrome-treatment-market/download-sampleMarket DynamicsIncreasing awareness about the wolfram syndrome treatment among persons all over the world is the major driving factor for the market growth of Wolfram syndrome treatment. The standard diagnosis rate of Wolfram syndrome is also expected to stimulate the market growth of Wolfram syndrome treatment further. By Type ·        Gene Therapy ·        Regenerative Medicine ·        Valproic Acid ·        Glucagon-like Peptide (GLP)-1 Receptor Agonists ·        Others By Application ·        Retail Pharmacies ·        E-commerce ·        Hospital PharmaciesRegional AnalysisThis section covers the regional outlook, which accentuates current and future demand for the Wolfram Syndrome Treatment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.