The Global prevalence of Cervical Dystonia disorders has been attributed to the rise in genetic factors that predispose individuals to this disorder. Market reports associated with the pharmaceutical industry have been made available by Market Research Future which produces reports on other industry verticals that summary the current market scenarios. The spread of cervical dystonia spreads from the neck and spreads into the shoulders, which can be varyingly painful in different cases. The upsurge in the detection of cervical dystonia cases is because of the improvement in the identification of the symptoms of cervical dystonia, which can easily be misdiagnosed as different ailments. The expanding share of the geriatric population globally is expected to reinforce the development of the cervical dystonia market in the forecast period. The market’s development is also expected to be significantly buoyed by the upgradation in the infrastructural capacities of the players in the market.
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Global Cervical Dystonia Market – Competitive Analysis
The global market consists of players such as
- ALLERGAN (Ireland)
- Solstice Neurosciences LLC (U.S.)
- Ipsen Biopharmaceuticals Inc. (France)
- Merz Inc (U.S.)
- US WorldMeds, LLC (U.S.
- Addex Therapeutics (Switzerland)
- Revance Therapeutics, Inc. (U.S.)
Industry Updates:
Nov 2018
Revance Therapeutics, Inc. a biotechnology company has stated lately that research and development expenses for the period ending September 30, 2018, were $21.8 million and $67.0 million as compared to $21.6 million and $59.4 million for the same periods in 2017, correspondingly. The alteration in research and development expenses was credited to the cervical dystonia ASPEN Phase 3 clinical trial implementation costs, biosimilar collaboration expenses, and amplified costs to sustain manufacturing, research and quality efforts.
Global Cervical Dystonia Market – Segmentation
Global Cervical Dystonia Market has been segmented on the basis of type which includes torticollis, retrocollis, laterocollis and others. On the basis of treatment, they are segmented into oral therapy, intravenous, surgery and other. On the basis of end user, they are segmented into hospital, clinics and other.
Global Cervical Dystonia Market – Regional Analysis
Americas has the largest cervical dystonia market. Increasing people suffering from cervical dystonia in America has help to increase the market in this region. Beside this, rise in neurotoxin market, increase in treatments for muscle movement disorders and increasing aging population in this region has fuelled the growth of this market in American region. Due to a huge aging population in Canada the market is developing at a significant rate in this region. As per study, women are more prone to cervical dystonia than men.
Europe has the second largest market which majorly contributed by UK, Germany and France. Well-developed healthcare sector, improved infrastructure and increase in healthcare spending have increased the market in this region.
Asia Pacific is expected to be the fastest growing region for the cervical dystonia market. Asia Pacific is the developing region and a huge population base in this region is the major factor for the growth of the market. Beside this continuous development in healthcare sector and increasing aging population in Asia Pacific has provided fuel for the growth of the market. India and China are the major Cervical Dystonia Market. Due to less development in medical and healthcare sector, Middle East and Africa region contributes least in the cervical dystonia market at present.
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