What is Chronic Traumatic Encephalopathy (CTE) Market?
Chronic Traumatic Encephalopathy (CTE) is also known as Traumatic encephalopathy syndrome is brain degeneration likely caused by repeated head traumas. It is diagnosed by studying sections of the brain and is also associated with the development of dementia. This is a very rare disorder that is not yet well understood. It is mainly found in people who are engaged in sports such as football, boxing, rugby, and among other that includes the possibility to have repetitive head trauma while playing. The rising awareness regarding brain injuries is major factor boosting the market size.
Highlights from Chronic Traumatic Encephalopathy (CTE) Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Tetra Discovery Partners LLC (United States), Amarantus Bioscience Holdings (United States), Eustralis Pharmaceuticals Ltd (Australia), Medical Marijuana, Inc. (United States), Eli Lilly (United States), Prothena Corp (Ireland), NorthShore University HealthSystem (United States), Alzheimer's Association (United States), The Stern Lab (United States) and Translational Genomics Research Institute (United States) |
Global Chronic Traumatic Encephalopathy (CTE) market is a niche and target audience with a specialized offering. The companies are stressing on R&D to develop technologically advanced products to gain a competitive edge. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Chronic Traumatic Encephalopathy (CTE) market throughout the forecasted period.
Tetra Discovery Partners LLC (United States), Amarantus Bioscience Holdings (United States), Eustralis Pharmaceuticals Ltd (Australia), Medical Marijuana, Inc. (United States), Eli Lilly (United States), Prothena Corp (Ireland), NorthShore University HealthSystem (United States), Alzheimer's Association (United States), The Stern Lab (United States) and Translational Genomics Research Institute (United States) are some of the key players profiled in the study. Chronic Traumatic Encephalopathy (CTE) Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Athletes, Military Veterans and Other |
Type | Medical Treatment and Physical Therapy |
End Users | Hospital & Clinic,Diagnostic Centers,Research Institute |
CTE Stages | Stage 1,Stage 2,Stage 3,Stage 4 |
Devices | Imaging Devices,Monitoring Devices |
On the basis of geography, the market of Chronic Traumatic Encephalopathy (CTE) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Use of Non-Invasive Devices For The Assessment Of Chronic Traumatic Encephalopathy (CTE)
Market Growth Drivers:
Increasing R&D Investments and Rising Cases Of Traumatic Brain Injuries
Challenges:
Lack of Proper Treatment Methods to Treat CTE
Restraints:
Shortage Of Trained Professionals In The Under Developing Economies
Opportunities:
Adoption Of Hospitals Are Well-Equipped With Technologically Advanced Devices and Increasing Sports Injuries And Road Accidents Rate Worldwide
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Chronic Traumatic Encephalopathy (CTE) Manufacturer, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
Market Leaders & Development Strategies
In 2018, Tetra Discovery Partners and Shionogi & Co., Ltd. announced that they entered into a strategic collaboration for the clinical development and commercialization of BPN14770, Tetra's allosteric selective phosphodiesterase-4D (PDE4D) inhibitor for the treatment of Fragile X Syndrome, Alzheimer's disease, and other indications characterized by cognitive and memory deficiencies. The collaboration's goal is to hasten the development of a novel therapy for patients in important Asian markets.