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The global ataxia market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2022 to 2029 and is expected to reach USD 36,900.18 thousand by 2029 from USD 22,631.81 thousand in 2021.
Ataxia Market research report draws attention to key market dynamics of the sector. A range of definitions and classification of the Global Ataxia Market industry, applications of the Global Ataxia Market industry and chain structure are provided in the report. The competitive landscape section of the report brings into light a clear insight about the market share analysis of major industry players. The company profiles of all the top players and brands that are leading the Global Ataxia Market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are revealed in this market report.
By keeping in mind the end user’s point of view, a team of researchers, forecasters, analysts and industry experts work in-depth to prepare Global Ataxia Market research report. It is the most appropriate, realistic and admirable market research report delivered with a supreme devotion and comprehension of business needs. The research and analysis carried out in this report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. Global Ataxia Market is the most promising market research report which has been framed in the way foreseen.
The global ataxia market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2022 to 2029 and is expected to reach USD 36,900.18 thousand by 2029 from USD 22,631.81 thousand in 2021.
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Market Overview
Ataxia is a term for a group of disorders that affect coordination, balance, and speech. Anybody part can be affected, but people with ataxia often have difficulties with balance, walking, speaking, swallowing, and tasks requiring a high degree of control, such as writing, eating, and vision. The exact symptoms and their severity vary depending on the type of ataxia a person has.
Ataxia usually results from damage to a part of the brain called the cerebellum, but it can also be caused by damage to other parts of the nervous system. This damage can be part of an underlying condition such as MS (multiple sclerosis) or can be caused by a head injury, lack of oxygen to the brain, or long-term, excessive alcohol consumption. Hereditary ataxia is caused by a faulty gene passed on by family members who may or may not be affected.
Some of the major players operating in the global ataxia market are
- Novartis AG
- Merck KGaA
- Aurobindo Pharma.
- Pfizer Inc.
- Sanofi
- Teva Pharmaceutical Industries Ltd.
- Acorda Therapeutics, Inc.
- Viatris Inc.
- Sun Pharmaceutical Industries Ltd.
- Lupin.
- Amneal Pharmaceuticals LLC.
- Apotex Inc., Cipla Inc.
- Biovista
- Design Therapeutics Inc.
- Reata Pharmaceuticals, Inc.
- MATRIX BIOMED
- Intrabio
- Biohaven Pharmaceuticals
- Retrotope Inc.
- Adverum Biotechnologies, Inc.
- Priory., Sutter Health.
- Upstream Rehabilitation Inc.
- Banner Health
- Select Medical Corporation
Global Ataxia Market Dynamics
Drivers
- Increasing prevalence and incidence of ataxia
Ataxia is the term for a group of neurological diseases related to the nervous system that affects movement and coordination. People with ataxia often have trouble with balance, coordination, swallowing, and speech. Ataxia usually develops due to damage to a part of the brain, which is the cerebellum that coordinates movement. It is a rare disease, and its incidences are very prevalent globally. The disease has been widely recognized as a major clinical problem worldwide, carrying high morbidity and mortality burden. Hence, increasing prevalence and incident rates of ataxia affecting different age groups drive the global ataxia market.
- Rapid research in the field of ataxia therapeutics
There is an enormous range of risk factors being reported for ataxia. Hence, to reduce the risk factors and symptoms associated with it, various research is going on in the field of ataxia treatments. Some government funding has also been initiated for the treatment of various types of ataxia in the market. Various rapid research in the field of ataxia therapeutics may help drive the market over the forecasted period and anticipate the major growth in the research and development for the same.
- Rise in alcohol and drug usage
Rising alcohol and drug usage can lead to vitamin B-12, vitamin E, and thiamine deficiency. The lack of these nutrients in the body is considered to be a major cause of ataxia. A shortage of vitamin E in the body can lead to neurological problems, such as difficulty coordinating movements (ataxia) and speech (dysarthria), loss of reflexes in the legs (lower limb areflexia), and a loss of sensation in the extremities (peripheral neuropathy) this then leads to the various types ataxia. The rising number of people and youth consuming excessive alcohol and drugs also increases the chance of being affected by various types of ataxia. This is expected to act as a driver for the growth of the global ataxia market.
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Highlights of TOC :
Chapter 1: Global Ataxia Market Overview
Chapter 2: Study Assumptions
Chapter 3: Scope of the Study
Chapter 4: Global Ataxia Market Economic Impact
Chapter 5 : Analysis Methodology
Chapter 6: Research Phases
Chapter 7: Competition by Manufacturers
Chapter 8: Current Market Scenario
Chapter 9: Value Chain/Supply Chain Analysis
Chapter 10: Government Regulations and Initiatives
Chapter 11: Production, Revenue (Value) by Region
Chapter 12: Supply (Production), Consumption, Export, Import by Regions
Chapter 13 : Market Drivers
Chapter 14 : Market Restraints/Challenges
Chapter 15: Market Opportunities
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ataxia-market
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