Autism Disorder Treatment Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028
The term "autism spectrum disorder," or simply "ASD," refers to a group of neurological conditions defined by a chronic lack of social interaction and communication skills as well as a repetitive or constrained pattern of behaviour or activities. The three primary kinds of the disorder, which impact millions of people worldwide, are autistic disorder, asperger syndrome, and pervasive developmental disorder (PDD).
In
the United States, an estimated 1 out of every 54 children has been diagnosed
with autistic disorder, according to a 2020 report by the Centers for Disease
Control & Prevention (CDC). The growth prospects of the Autism
Disorder Treatment Market are
expected to be influenced by a variety of variables. the worldwide increase in
disease prevalence and awareness of the problem and available options for
various types of treatment of various diseases.
At
first, the unusual epidemic caused the closure of several healthcare
businesses, which slowed down the production process. Autism Disorder Treatment Market for autistic kids
were often halted or postponed as a result of the closure of therapy facilities
and services linked to autism spectrum disorders. The rapid uptake of telehealth
systems by patient carers and families was, however, prompted by the rising
anxiety levels in autistic patients and the possibility of contracting COVID-19
since these individuals belong to vulnerable populations. The demand for
therapies and other prescription pharmaceuticals that are used off-label, like
SSRIs, antipsychotics, and sleep aids, surged as a result of this cause.
Additionally, the market's expansion during COVID was aided by consumers using
internet channels more frequently to buy drugs for autism.
Autism Disorder
Treatment Market,
also known as autism spectrum disorder (ASD), is a group of complicated
neurological illnesses that are characterised by symptoms such as difficulty
interacting with others, repetitive activities, and difficulties speaking and
expressing themselves nonverbally. Autism spectrum disorder is the term used to
describe this condition because the symptoms might differ from patient to
patient. Autism typically first manifests in children between the ages of two
and three. The condition may occasionally be identified as early as 18 months.
Key Players
A few of the major
companies competing in the global market for the treatment of autism disorder
are Janssen Pharmaceuticals, Inc., Actavis, Inc., Curemark LLC, Pediatric
Bioscience, Inc., Novartis AG, Teva Pharmaceuticals Industries Ltd, Mylan NV,
Pfizer, Inc., Bristol-Myers Squibb, Par Sterile Products LLC, F. Hoffman La
Roche, and others. To get FDA product approvals and release new medications
onto the market, major players are putting a lot of effort into comprehensive
research and development.
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