The global dravet syndrome market size is expected to reach USD 557.17 million by 2032, according to a new study by Polaris Market Research. The report “Dravet Syndrome Market Share, Size, Trends, Industry Analysis Report, By Type of seizures (Myoclonic seizures, Atonic seizures, Partial seizures, Tonic-clonic seizures, photosensitive seizures Others); By Diagnosis; By Severity; By Treatment; By End-Use; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market's revenue growth will most likely be driven by enhanced genetic testing, which has increased the probability of Dravet syndrome diagnosis. An increase in improved regulatory environment for the healthcare sector and government funding for R&D has contributed to growth in the revenue of market. Improved healthcare infrastructure and greater healthcare budgets are expected to promote market revenue growth during the projected period. Increasing R&D initiatives for the discovery of innovative medications for syndrome are projected to drive growth in the future.
The U.S. FDA authorized the approval of the Diacomit in August 2020, for treating seizures linked with Dravet syndrome. Drug market share is expected to expand significantly after 2020 as a result of improved efficiency, safety, & longer seizure relief. Dravet syndrome is an exceedingly unusual neurological disorder that is typically lifelong. According to the Dravet Foundation, 1 in every 15,700 newborns born in the United States has Dravet syndrome.
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Encoded's precision gene therapy seeks to treat gait issues, ataxia (poor coordination), and developmental delays. It is intended to treat mutations in the SCN1A gene, which are the cause of the majority of Dravet cases, by increasing endogenous SCN1A expression in a particular cell type in the brain. The therapy increased SCN1A expression in a subset of inhibitory interneurons. Encoded intends to begin clinical trials for the therapy in early 2021. As numerous rich nations face a failure of these specifics, the increased demand for COVID-19 operation curatives has created enormous eventualities for manufacturers. Because of the need for vaccinations and treatment specifics for COVID-19, biopharma assiduity is likely to increase significantly in future. This, in turn, is projected to have a major influence on the dravet syndrome market as an effect of COVID-19.
Dravet Syndrome Market Report Highlights
Polaris Market Research has segmented the Dravet syndrome market report based on form type of seizures, diagnosis, severity, treatment, end-use, distribution channel, and region:
Dravet Syndrome, Type of seizures Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, Diagnosis Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, Severity Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, Treatment Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)
Dravet Syndrome, Regional Outlook (Revenue - USD Million, 2019 - 2032)