What is Chronic Fatigue Syndrome Treatment Market?
Chronic fatigue syndrome, also known as Myalgic encephalomyelitis, is a chronic disease that lasts for six months and affects the central nervous system and the immune system. The disease leads to musculoskeletal disorders, impairment of long-term memory, and disturbed sleep patterns. This results in a substantial decline in social, occupational, educational, and personal activity among patients. There are no specific biomarkers or tests to diagnose chronic fatigue syndrome. Symptoms include sore throat, muscle pain, headache, and fatigue, which continue for months or years. Diagnosis is difficult; however, certain blood tests are performed to understand the conditions such as infections, and liver and thyroid abnormalities to gauge the patient’s condition. This syndrome is likely to affect people in the 40 to 50 age group and stress is one of the major risk factors for developing this syndrome. This has led to significant growth of the global chronic fatigue syndrome treatment market in the forecast period.
Highlights from Chronic Fatigue Syndrome Treatment Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AIM ImmunoTech Inc. (United States), Torrent Pharmaceuticals Ltd. (India), Fortis Healthcare (India), London School of Hygiene L & Tropical Medicine (United Kingdom), Dr Batra's (India), F. Hoffmann-La Roche Ltd (Switzerland), K-PAX Pharmaceuticals (United States), GP Pharm (Spain), Cadila Pharmaceuticals (India), USV (India) and Goodfellow Pharma (Philippines) |
The chronic fatigue syndrome market competitive landscape gives information about each competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are all included. The data points presented above are only linked to the companies' emphasis on the chronic fatigue syndrome market. Research Analyst at AMA predicts that Asian and United States Players will contribute to the maximum growth of Global Chronic Fatigue Syndrome Treatment market throughout the forecasted period.
AIM ImmunoTech Inc. (United States), Torrent Pharmaceuticals Ltd. (India), Fortis Healthcare (India), London School of Hygiene L & Tropical Medicine (United Kingdom), Dr Batra's (India), F. Hoffmann-La Roche Ltd (Switzerland), K-PAX Pharmaceuticals (United States), GP Pharm (Spain), Cadila Pharmaceuticals (India), USV (India) and Goodfellow Pharma (Philippines) are some of the key players profiled in the study. Chronic Fatigue Syndrome Treatment Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Hospitals, Clinics and Research Institutes |
Distribution Channel | Hospital Pharmacies,Retails Pharmacies,Online Pharmacies |
Mode | Prescription Drugs,OTC Drugs |
Drug Class | Immune Enhancer & Antivirals {Rintatolimod, Oxymatrine, Valganciclovir, and Others},Sleep Enhancing {Gabapentin, Melatonin, and Others},Central Nervous System (CNS) Stimulants {Methylphenidate, Lisdexamfetamine Dimesylate, and Others},Others |
On the basis of geography, the market of Chronic Fatigue Syndrome Treatment 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:
Rise in Awareness about Chronic Fatigue Syndrome and Treatment through Medications and Therapies
Market Growth Drivers:
Continued Research and Government Support Regarding the Development and Awareness Regarding the Chronic Fatigue Syndrome and Various Different Market Players and Pharmaceutical Companies are Focusing on the Development of Diagnostics Tests and Treatment for the Disorder
Challenges:
Absence of Information Regarding the Treatments and Drug Combination Available for the Treatment of Symptoms of the Disease
Restraints:
Lack of Awareness Regarding the Disease
Opportunities:
Increase in Health care Expenditure, and Favorable Reimbursement Policies
Key Target Audience
Chronic Fatigue Syndrome Treatment Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Market Leaders & Development Strategies
In 2019, Hemispherx Biopharma, Inc. announced that they had received positive results for their study involving a blood-based real-time diagnostic test conducted by Stanford University for the identification of moderate to severe ME/CFS (Myalgic Encephalomyelitis/Chronic Fatigue Syndrome). The disease currently has no standardized diagnostic tests available commercially to help the physicians conclude for a definitive diagnosis.