Product Code: CMI6670
The global spastic paraplegia 50 market was valued at US$ 130 Mn in 2023 and is expected to reach US$ 286.3 Mn by 2031, growing at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 130 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
10.40% |
2030/2031 Value Projection: |
US$ 286.3 Mn |
Figure 1. Global Spastic Paraplegia 50 Market Share (%), By Region, 2024
Spastic Paraplegia 50 (SPG50) is a rare genetic neurological disorder characterized by lower limb spasticity and weakness. It is caused by mutations in the CYTH4 gene, which encodes the cylicin-4 protein essential for myelination of axons in the central nervous system. Lack of proper myelination affects motor nerve signals between the brain and lower limbs, resulting in stiffness and impaired mobility. Currently, there is no approved treatment for SPG50; however, research into the development of gene and cell therapies holds promise to restore myelination in the future.
Market Dynamics:
The global spastic paraplegia 50 market is driven by the rising prevalence of rare genetic disorders, growing awareness about orphan indications, and increasing research focus on developing novel treatments. However, the high costs associated with orphan drug development pose a major challenge. The market also faces restraints from long regulatory approval timelines and a small patient pool, affecting the commercial viability of products. Nonetheless, increasing government support in the form of research grants, tax incentives for drug developers, and designation programs such as orphan drug status present lucrative opportunities for greater investment in this space.
Key features of the study:
- This report provides in-depth analysis of the global spastic paraplegia 50 market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global spastic paraplegia 50 market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Pfizer, Sanofi, Novartis, GlaxoSmithKline, Johnson & Johnson, Merck, AstraZeneca, Bayer, Boehringer Ingelheim, Amgen, Biogen, Takeda Pharmaceutical, AbbVie, Bristol-Myers Squibb, Astellas Pharma, Daiichi Sankyo, Eisai, Eli Lilly, Gilead Sciences, and Novo Nordisk.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global spastic paraplegia 50 market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spastic paraplegia 50 market.
Detailed Segmentation:
- Global Spastic Paraplegia 50 Market, By Treatment Type
- Medication
- Physiotherapy
- Surgery
- Assistive Devices
- Others
- Global Spastic Paraplegia 50 Market, By Route of Administration
- Oral
- Injectable
- Topical
- Others
- Global Spastic Paraplegia 50 Market, By End User
- Hospitals & Clinics
- Rehab Centers
- Home Care Settings
- Global Spastic Paraplegia 50 Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in the Global Spastic Paraplegia 50 Market:
- Pfizer
- Sanofi
- Novartis
- GlaxoSmithKline
- Johnson & Johnson
- Merck
- AstraZeneca
- Bayer
- Boehringer Ingelheim
- Amgen
- Biogen
- Takeda Pharmaceutical
- AbbVie
- Bristol-Myers Squibb
- Astellas Pharma
- Daiichi Sankyo
- Eisai
- Eli Lilly
- Gilead Sciences
- Novo Nordisk
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Spastic Paraplegia 50 Market, By Treatment Type
- Spastic Paraplegia 50 Market, By Route Of Administration
- Spastic Paraplegia 50 Market, By End User
- Spastic Paraplegia 50 Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Opportunities
- Key Highlights
- Regulatory Scenario
- Recent Trends
- PEST Analysis
- PORTER's Analysis
- Pipeline Overview
- Investment Scenario by Market Players
- Mergers, Acquisitions, and Collaborations
4. Global Spastic Paraplegia 50 Market- Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Economic Impact
5. Global Spastic Paraplegia 50 Market, By Treatment Type, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Medication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Physiotherapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Assistive Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
6. Global Spastic Paraplegia 50 Market, By Route Of Administration, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Injectable
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Topical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
7. Global Spastic Paraplegia 50 Market, By End User, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Rehab Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
8. Global Spastic Paraplegia 50 Market, By Region, 2019-2031, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 -2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Treatment Type, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Route Of Administration, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031,(US$ Mn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Company Profile
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Sanofi
- Novartis
- GlaxoSmithKline
- Johnson & Johnson
- Merck
- AstraZeneca
- Bayer
- Boehringer Ingelheim
- Amgen
- Biogen
- Takeda Pharmaceutical
- AbbVie
- Bristol-Myers Squibb
- Astellas Pharma
- Daiichi Sankyo
- Eisai
- Eli Lilly
- Gilead Sciences
- Novo Nordisk
- Analyst Views
10. Section
- References
- Research Methodology
- About us