Muscle Wasting Disorder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Muscle Wasting Disorder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : November, 2020 | Pharmaceutical | PPT format

Report Digest


Global Muscle Wasting Disorder Market: Snapshot 

The global muscle wasting disorder market is fueled primarily by the rising adherence to a sedentary lifestyle in developed regions. Due to the prosperity of regions such as North America and Europe, the number of sedentary office jobs has risen steadily. This has led to a proliferation of muscular and spinal disorders, including muscle wasting disorders. The rising number of urban citizens succumbing to posture-related disorders in developed regions is thus likely to remain a key driver for the global muscle wasting disorder market in the coming years. 

The rising prevalence of the Western sedentary lifestyle in Asia Pacific countries is likely to boost the Asia Pacific muscle wasting disorders market in the coming years. The increasing geriatric population in Asia Pacific could also have a major impact on the growth of the muscle wasting disorders market, as old people can succumb more easily to muscle atrophy. 

The increasing health consciousness among the global population could, on the other hand, be an influential restraint on the global muscle wasting disorders market in the coming years. Citizens in developed regions are only now starting to acknowledge the problems caused by a primarily sedentary lifestyle, and the demand for a healthier diet as well as regular exercise is thus growing. The steady advancement in the diagnostic technologies used to detect muscle wasting disorders could also have a significant positive effect on the muscle wasting disorder market in the coming years.

Global Muscle Wasting Disorder Market: Overview 

The tendency of the body to lose tissue is referred as muscle wasting disorder, or muscle atrophy. Muscle atrophy can be classified as neurogenic atrophy or disuse atrophy. Disuse atrophy is caused by the lack of physical activity, whereas neurogenic atrophy occurs due to an injury or disease to a nerve that connects the muscle. While the cases of disuse atrophy is escalating due to the growing trend of sitting jobs and increasing number of people with certain medical condition that limits their movements, neurogenic atrophy is more severe and is quite prevalent too. Etiology for muscle atrophy includes amyotrophic lateral sclerosis, guillain-barre syndrome, long-term corticosteroid therapy, motor neuropathy and alcohol-associated myopathy. Some of the signs and symptoms of muscle atrophy are one arm smaller than other and patient feels physically inactive. 

The diagnosis of muscle wasting disorder includes blood test, x-ray test, magnetic resonance imaging, computed tomography scan, muscle biopsy, nerve conduction, and electromyography. Along with the surging demand for these diagnosis tools, the global market for muscle wasting disorder is also benefitting from the requirement of customized exercise, physical therapy, ultrasound, and surgery. Concurrently, the global market for muscle wasting disorder is projected for a healthy growth rate during the forecast period of 2016 to 2024. This report is a comprehensive analysis of muscle wasting disorder market and is aimed at providing insights to the players and aid in decision making. One of the key feature of this report is the section on company profiles, wherein several prominent players have been explored for their market share, competitors, product portfolio, recent developments, and future strategies. 

Global Muscle Wasting Disorder Market: Trends and Prospects

According to the World Health Organization (WHO), global geriatric population will rise to two billion by 2050. Since these vast population is more prone to muscle atrophy, the demand in global muscle wasting disorder is expected to swell considerably during the forecast period. Additionally, technological advancements in diagnostic test, which have become very efficient at detecting the cause, will further boost the market. However, lack of awareness among the end-users and lack of healthcare infrastructure in some of the developing nations of the world is restricting this market to expand to a vast population base. 

Global Muscle Wasting Disorder Market: Geographical Outlook

High awareness pertaining to the prevalence of muscle atrophy and the availability of advanced diagnostics is the primary reason that make North America the most lucrative region in this market. Federal government in the U.S., which is the most prominent country-wide market in this region, are also taking initiatives to cure the patients and thereby favoring the uptake. Europe currently accounts for the second widest regional market, although vastly populated region of Asia Pacific is projected to expand at a higher growth rate due to the improving healthcare infrastructure. The region of rest of the world is expected to remain at fourth position, although demand is expected to slightly increase from some of the African countries. 

Major muscle wasting disorder market players involved in manufacturing the treatment product of muscle atrophy and contributing the global market share includes Genzyme Corporation, Pfizer, Inc., Isis Pharmaceuticals, Inc., Neurotune AG, California Stem Cell, Inc., Nexgenix Pharmaceuticals, LLC, Cellular Biomedicine Group, Inc. and Paratek Pharmaceuticals, Inc.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?