Tourette Syndrome- Market Scope
The market encompasses various pharmaceutical drugs, therapeutic interventions, diagnostic tests, and supportive care options to alleviate symptoms and improve the quality of life for individuals with Tourette syndrome. It refers to the market for products and services related to diagnosing, treating, and managing Tourette syndrome, a neurological disorder characterized by repetitive, involuntary movements and vocalizations called tics. The growing awareness about tourette syndrome is one of the major factors driving the growth of tourette syndrome market. The increase in neurotransmitter disorders and healthcare infrastructure expenditure accelerate the tourette syndrome market growth. Tourette syndrome often begins in childhood and continues into adulthood, although the severity of symptoms may decrease over time for some individuals. In addition to tics, they may also experience other conditions, such as attention deficit hyperactivity disorder (ADHD) and obsessive-compulsive disorder (OCD). The diagnosis of the ailment is based on a thorough evaluation of the patient's symptoms and medical history. To be diagnosed with TS, an individual must have both motor and vocal tics that have been present for at least one year, with onset before age 18. The tics must be involuntary and not the result of other medical conditions, such as a medication side effect or another neurological disorder. The healthcare professional may also use diagnostic tools, including imaging studies or blood tests, to rule out other possible causes of the symptoms.
Attributes | Details |
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Study Period | 2020-2030 |
Base Year | 2024 |
Unit | Value (USD Million) |
Key Companies Profiled | Teva Pharmaceutical Industries Ltd. (United States), Sun Pharmaceutical Industries Ltd. (India), Pfizer Inc. (United States), Otsuka Holdings Co. Ltd. (Japan), Mylan N.V. (United States), Johnson & Johnson Services Inc. (United States), H. Lundbeck A/S (United States), Eli Lilly and Company. (United States), Boehringer Ingelheim International GmbH (United States), AstraZeneca (United States), Catalyst Pharma (United States) and Neurocrine Biosciences, Inc. (United States) |
CAGR | % |
The global tourette syndrome market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Global Tourette Syndrome Market. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Tourette Syndrome- market throughout the predicted period.
Teva Pharmaceutical Industries Ltd. (United States), Sun Pharmaceutical Industries Ltd. (India), Pfizer Inc. (United States), Otsuka Holdings Co. Ltd. (Japan), Mylan N.V. (United States), Johnson & Johnson Services Inc. (United States), H. Lundbeck A/S (United States), Eli Lilly and Company. (United States), Boehringer Ingelheim International GmbH (United States), AstraZeneca (United States), Catalyst Pharma (United States) and Neurocrine Biosciences, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Emalex Biosciences Inc. (United States), Beijing PINS Medical Co., Ltd. (Japan),, FGK Clinical Research GmbH (Germany), Medtronic (United States) and Bausch Health Companies Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Tourette Syndrome- market by Type and Region with country level break-up.
On the basis of geography, the market of Tourette Syndrome- 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).
region held largest market share in the year 2024.
Market Leaders and their expansionary development strategies
In June 2024, The Tourette Association of America (TAA) organized its annual national conference. This event provided a platform for individuals affected by TS and tic disorders to learn, connect, and engage in various activities.
In May 2023, Teva Pharmaceutical Industries Ltd. announced a new strategic framework with four main pillars to position the Company for a new era of growth. This strategy aims to bolster the company’s strong commercial portfolio with AUSTEDO, AJOVY, UZEDYTM, and biosimilars, amplify its innovative pipeline, sustain its generics powerhouse, and focus the business
Influencing Trend:
Increasing prevalence of inherited neurological disorders
Market Growth Drivers:
Increasing Awareness and Diagnosis and Increasing Demand for Therapeutic Interventions
Challenges:
High cost of daignosis
Restraints:
Limited understanding of the underlying cause
Opportunities:
Advancements in medical research and Rising cases of delivery complications, such as meconium-stained amniotic fluid and premature rupture of the membranes
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others