Industry Background:
Moyamoya diseases are commonly known as MMD disease, it is an idiopathic disease, rare cerebrovascular disease. In this disease, it mainly attacks blood vessels of the brain and the skull becomes blocked or narrowed, reducing blood flow to your brain. It can be categorized progressive in nature leading to recurrent stroke due to occlusion of the terminal internal carotid arteries. It can occur in any age but more chances in following age groups 5 to 10 years in children and 30 to 50 years in adults most peak incidence occur in this age group. The treatment found both surgical and non-surgical depending upon the type of disease and severity. There are various diagnostic methods are available to detect such a rare condition for early treatment.This growth is primarily driven by Increasing Diagnostic Awareness About Moyamoya Disease.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Diseases & Therapeutic Areas sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Abbott Laboratories (United States), Boston Scientific Corporation (United States), Cephalon Inc (United States), Novartis (Switzerland), Cordis Corporation (United States), Eisai Co Ltd (Japan), GE Healthcare (United States), Johnson and Johnson (United States), GlaxoSmithKline (United Kingdom), Medtronic plc (Ireland), Merck & Co Inc (United States), Sanofi (France) and Siemens Healthineers (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 24th November 2019, Novartis announced a merger with US-based Biopharmaceutical Company for USD 85.00 per share in cash. Novartis company recently merged with The Medicines Company to enhance its business and develop in the market.
On 13th December 2019, Boston Scientific Corporation announced US Food and drug administration (FDA) approved 510(k) clearance for EXALT Model D Single-Use Duodenoscope. It is first and only FDA cleared single-use (disposable) duodenoscope on the market and was granted.The growing neurological diseases increasing demand for diagnostic devices and different treatments in the market. The leading firms have strong competition to acquire the market share in the market. The options like mergers and acquisitions also available to change market strategies.
Regulatory Insights:
The non-surgical treatment used for Moyamoya disease in that majorly anti-coagulation and anti-platelet agents used for the prevention of further strokes, especially in stenotic vessels (where further infarction can occur if occlusion progresses) the above medications are not approved by the FDA for specifically to treat Moyamoya disease.
Influencing Trend:
Acceptance of Surgical Treatments In Comparison to Non-Surgical
Market Growth Drivers:
Increasing Diagnostic Awareness About Moyamoya Disease
Challenges:
One of the Life-Threatening Disease, Therefore Increases Mortality Rate
Restraints:
High Cost Associated With Diagnostic Methods And Surgical Treatments
Opportunities:
Growing Awareness About Available Treatments Of Moyamoya Disease
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Moyamoya disease Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Moyamoya disease Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Moyamoya disease players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Moyamoya disease Study Sheds Light on
The Moyamoya disease Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Moyamoya disease industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Moyamoya disease industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.