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Pseudobulbar Treatment Market | Acumen Research and Consulting

Pseudobulbar Treatment Market Analysis - Global Industry Size, Share, Trends and Forecast 2022 - 2030

Published : Jul 2022

Report ID: ARC2700

Pages : 250

Format : Pseudobulbar Treatment Market Analysis - Global Industry Size, Share, Trends and Forecast 2022 - 2030

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The Global Pseudobulbar Treatment Market Size accounted for USD 2,761 Million in 2021 and will achieve a market size of USD 6,022 Million by 2030, budding at a CAGR of 9.4%.

Pseudobulbar Treatment Global Market will achieve a market size of USD 6,022 Million by 2030, budding at a CAGR of 9.4%

Pseudobulbar affect (PBA) is a condition that's characterized by episodes of sudden uncontrollable and inappropriate laughing or crying. Pseudobulbar affect typically occurs in people with certain neurological conditions or injuries, which might affect the way the brain controls emotion. Increasing prevalence of pseudobulbar affect is the primary factor boosting the global pseudobulbar treatment market revenue. Furthermore, the increasing number of research and development activities is expected to be a prominent pseudobulbar treatment market trend fueling industry growth from 2022 to 2030.

Global Pseudobulbar Treatment Market DROs:

Drivers

  • Surging prevalence of pseudobulbar affect
  • Rise in initiatives to spread awareness related to the disease

Restraints

  • High cost associated with the treatment
  • Lack of qualified and skilled professionals

Opportunities

  • Increasing investment for healthcare infrastructure
  • Growing number of research & development activities

Report Coverage

Market Pseudobulbar Treatment Market
Market Size 2021 USD 2,761 Million
Market Forecast 2030 USD 6,022 Million
CAGR During 2022 - 2030 9.4%
Analysis Period 2018 - 2030
Base Year 2021
Forecast Data 2022 - 2030
Segments Covered By Drugs, By Treatment, By Route of Administration, By End-Users, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Avanir Pharmaceuticals, Inc., Bayer AG, Dr. Reddy’s Laboratories Ltd., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Lupin, Mylan N.V., Novartis AG, Pfizer Inc., Sanofi, and Teva Pharmaceutical Industries Ltd.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Customization Scope

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Pseudobulbar Treatment Market Dynamics

PBA is affecting a large number of people across the globe. Pseudobulbar affect (PBA) is a condition that's characterized by episodes of sudden uncontrollable and inappropriate laughing or crying. It is witnessed among patients suffering from multiple sclerosis (MS), traumatic brain injury, and Alzheimer's disease. According to CDC, in 2020, as many as 5.8 million Americans were living with Alzheimer’s disease. In 2017, around 2 million people in the U.S. were suffering from pseudobulbar affect. Pseudobulbar affect is primarily associated with neurological disorders, and around 30% to 35% of patients suffer from depression. Prevalence of pseudobulbar affect is higher in people with neurological disorders, which is around 5% to 50%. A rapid increase in the number of patients suffering from PBA and increasing awareness among consumers related to the availability of advanced treatments are factors expected to drive the growth of the global pseudobulbar treatment market. Increasing R&D activities by major players rise in clinical trial activities for the development of new drugs, and approvals from the regulatory bodies are factors expected to segment the growth of the pseudobulbar treatment market.

Favorable business policies by the government and the emergence of small & Mid-size enterprises with innovative solutions are factors expected to boost the target market growth. Factors such as high costs associated with R&D activities of drugs and strict government regulations related to product approval are expected to hamper the growth of the global pseudobulbar treatment market. In addition, the lack of developed infrastructure in developing countries for R&D activities is expected to challenge the growth of the target market. However, huge investment by manufacturers for drug discovery and inclination towards tracking the untapped market in developing regions are factors expected to create new opportunities for players operating in the pseudobulbar treatment market over the forecast period. In addition, the government of developing countries focus on strengthening the regional manufacturing capabilities is expected to attract players further responsible for the revenue growth of the market.

Pseudobulbar Treatment Market Segmentation

The global pseudobulbar treatment market is segmented into treatment, drugs, route of administration, and end-user. The treatment segment is divided into medication, supportive care, and others. The drug segment is bifurcated into pseudobulbar treatments, tricyclic antidepressants, nuedexta, and others. Among drugs, the tricyclic antidepressants segment is expected to witness faster growth in the target market.

Market by Drugs

  • Pseudobulbar Treatments
  • Tricyclic Antidepressants
  • Nuedexta
  • Others

Market by Treatment

  • Medications
  • Supportive Care
  • Others

Pseudobulbar Treatment Global Market By Treatment will achieve a market size of USD 6,022 Million by 2030, budding at a CAGR of 9.4%

Market By Route of Administration

  • Oral
  • Parenteral
  • Others

Market By End-Users

  • Hospitals
  • Specialty Clinics
  • Others

Pseudobulbar Treatment Global Market By End-Users will achieve a market size of USD 6,022 Million by 2030, budding at a CAGR of 9.4%

Pseudobulbar Treatment Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Latin America

  • Mexico
  • Brazil
  • Rest of Latin America

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

The Middle East & Africa (MEA)

  • Gulf Cooperation Council (GCC)
  • South Africa
  • Rest of the Middle East & Africa

Presence of high neurological disorders patients in North America region, fuels the regional market growth

The market in North America is expected to account for a major revenue share in the global pseudobulbar treatment market due to the high patient pool suffering from neurological disorders. High investment by the government and a collaborative approach between public-private players for product development are factors expected to support the growth of the pseudobulbar treatment market. In addition, the presence of the large number of players operating in the country and increasing partnership activities for business expansion are factors expected to support the regional market growth.

Pseudobulbar Treatment Market Players

Some of the top pseudobulbar treatment companies offered in the professional report include Avanir Pharmaceuticals, Inc., Bayer AG, Dr. Reddy’s Laboratories Ltd., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Lupin, Mylan N.V., Novartis AG, Pfizer Inc., Sanofi, and Teva Pharmaceutical Industries Ltd.

The global pseudobulbar treatment market is highly competitive due to the presence of a large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.

Players are focused on enhancing the business through the introduction of new solutions this is expected to attract new customers.

In 2020, Janssen Pharmaceutical Companies, a global drug manufacturer received approval from the U.S. Food and Drug Administration (FDA) for “SPRAVATO”. SPRAVATO is the first and only approved medicine that has been shown to reduce depressive symptoms within 24 hours, providing a new option for significant symptom relief until a longer-term, comprehensive treatment plan can take effect.

In 2018, Avanir pharmaceuticals, a global drug manufacturer launched a national, multi-channel campaign aimed at raising awareness of Pseudobulbar Affect, an often ignored and under-treated neurologic condition that occurs secondary to certain neurologic injury or disease.

Frequently Asked Questions

How much was the global pseudobulbar treatment market size in 2021?

The global pseudobulbar treatment market size in 2021 was accounted to be USD 2,761 Million.

What will be the projected CAGR for global pseudobulbar treatment market during forecast period of 2022 to 2030?

The projected CAGR pseudobulbar treatment market during the analysis period of 2022 to 2030 is 9.4%.

Which are the prominent competitors operating in the market?

The prominent players of the global pseudobulbar treatment market are Avanir Pharmaceuticals, Inc., Bayer AG, Dr. Reddy’s Laboratories Ltd., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Lupin, Mylan N.V., Novartis AG, Pfizer Inc., Sanofi and Teva Pharmaceutical Industries Ltd.

Which region held the dominating position in the global pseudobulbar treatment market?

North America held the dominating pseudobulbar treatment during the analysis period of 2022 to 2030.

Which region exhibited the fastest growing CAGR for the forecast period of 2022 to 2030?

Asia-Pacific region exhibited fastest growing CAGR for pseudobulbar treatment during the analysis period of 2022 to 2030.

What are the current trends and dynamics in the global pseudobulbar treatment market?

Surging prevalence of pseudobulbar affect, and rise in initiatives to spread awareness related to the disease drives the growth of global pseudobulbar treatment market.

By segment drugs, which sub-segment held the maximum share?

Based on drugs, tricyclic antidepressants segment held the maximum share pseudobulbar treatment market in 2021.

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