The 7 major Amyotrophic Lateral Sclerosis (ALS) markets reached a value of US$ 494.1 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 715.4 Million by 2034, exhibiting a growth rate (CAGR) of 3.4% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 494.1 Million
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Market Forecast in 2034
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US$ 715.4 Million
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Market Growth Rate (2024-2034)
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3.4% |
Amyotrophic Lateral Sclerosis (ALS) market is currently driven by factors such as a rising geriatric population, a strong drug pipeline that have a good efficacy and safety profile and improving diagnosis and drug treatment rates. Amyotrophic lateral sclerosis is a rare neurological disorder that predominantly affects the nerve cells (neurons) responsible for controlling voluntary muscle movement. Although the indication can happen at any age, symptoms most commonly appear during the ages of 55 and 75. With the geriatric population expected to increase significantly over the long term, we expect the incidence of Amyotrophic Lateral Sclerosis to increase significantly over the next few years.
ALS belongs to a broader group of disorders known as motor neuron diseases, that are caused due to the gradual deterioration (degeneration) and death of motor neurons. Motor neurons are nerve cells that extend throughout the body from the brain to the spinal cord and to muscles. As motor neurons deteriorate, they cease sending messages to the muscles. As a result, the muscles gradually weaken, start to twitch, and waste away (atrophy). Eventually, this results in the brain losing its ability to initiate and control voluntary movements. Early symptoms of ALS normally include muscle weakness or stiffness. Gradually all voluntary muscles are affected, and patients lose their strength and the ability to speak, eat, move, and even breathe. The indication is progressive, resulting in the symptoms getting worse over time.
IMARC Group’s new report "Amyotrophic Lateral Sclerosis (ALS) Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast" provides an exhaustive analysis of the Amyotrophic Lateral Sclerosis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. The report provides an in-depth understanding of the current and future landscape of the Amyotrophic Lateral Sclerosis market. This includes treatment practices, in-market, and pipeline drugs, the share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool for Amyotrophic Lateral Sclerosis across the seven major markets. According to the report, among the seven major markets, the United States has the largest patient pool for Amyotrophic Lateral Sclerosis and represents the largest market for Amyotrophic Lateral Sclerosis treatment. Furthermore, the current Amyotrophic Lateral Sclerosis treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Amyotrophic Lateral Sclerosis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current Amyotrophic Lateral Sclerosis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Market Insights
Epidemiology Insights
Current Treatment Scenario, Marketed Drugs, and Emerging Therapies