The clinically isolated syndrome (CIS) therapeutics market involves drugs used for treating clinically isolated syndrome, which is the initial clinical presentation of multiple sclerosis (MS) characterized by an acute, focal neurological episode caused by inflammation and demyelination in the central nervous system. CIS involves symptoms like visual disturbances, weakness or numbness in one side of the body, double vision, and tingling/burning sensations, among others.
The clinically isolated syndrome (CIS) market is estimated to be valued at USD 16.03 Bn in 2024 and is expected to reach USD 25.19 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
Key players operating in the clinically isolated syndrome therapeutics market include Biogen, Novartis, Teva Pharmaceutical, Merck KGaA, Sanofi Genzyme, and Bayer AG. These players are focusing on conducting clinical trials to develop novel therapeutics with higher efficacy and improved safety profiles.
The key opportunities in the Clinically Isolated Syndrome (CIS) Market include development of orally administered drugs, combination therapies, and personalized medicines. Currently available therapies require frequent injections or infusions. Orally administered drugs could significantly improve patient adherence to treatment. North America dominated the global CIS therapeutics market in 2021 due to the high prevalence of MS and presence of major players. However, growth opportunities are higher in Asia Pacific and Middle Eastern countries due to increasing healthcare expenditure and expanding patient pool. Major players are focusing on emerging markets through collaborations with local pharmaceutical companies.
Market Drivers
Increasing research funding for MS drug development from public and private organizations is expected to drive the market. For instance, the National MS Society funded over $45 million in 2020 towards development of new treatment strategies. Rising awareness about early MS treatment options to delay disability progression will also boost the demand for CIS therapeutics.
Market Restraints High development costs and risks associated with drug failure during clinical trials hamper market growth. Biosimilar competition once blockbuster drugs lose patent protection also poses a challenge. Expensive nature of advanced therapies limits their adoption in low and middle-income nations. Stringent regulatory processes further restrain commercialization of new drugs.
Segment Analysis
Clinical isolated syndrome can be segmented based on the affected area of the central nervous system. Optic neuritis is one of the dominating sub-segment in clinically isolated syndrome market as it is one of the most common first symptoms of multiple sclerosis affecting nearly 50-70% of MS patients initially. Optic neuritis causes inflammation and damage to the optic nerve, resulting in vision problems like blurring or pain in the affected eye. It is dominating as timely diagnosis and treatment helps prevent vision loss and further disability.
Global Analysis
Regionally, North America dominates the clinically isolated syndrome market due to advanced healthcare infrastructure and availability of latest treatment options. Rise in research activities for new therapies and screening tests is also boosting market growth. Europe is second largest market driven by increasing healthcare expenditure and presence of major players. Asia Pacific is the fastest growing region due to rising awareness, improving healthcare facilities and increasing disposable incomes.
Get this Report in Japanese Language: 臨床的孤立症候群（CIS）市場
Get this Report in Korean Language: 임상적으로 고립된 증후군(CIS) 시장
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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
When refined, it is a silvery-white metal known for its resistance to corrosion and its ability to coat other metals.
It is most commonly used as plating on the steel sheets used to form cans for food containers.
Tin is also combined with copper to form bronze and with lead to form solder.The global tin resource is mostly distributed in China, Indonesia, Brazil, Bolivia and Russia.
Together, they account for roughly 80% of the total global reserves.
According to the data of the United States Geological Survey (USGS), the world tin basic reserve 2013 was 4.70 million tons, with most of them located in Asia and South America.Actually, there is no manufacturer in CIS regions.
The demand of tin in CIS regions is mainly depended the imported from abroad.
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