The 7 major myasthenia gravis markets reached a value of US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 2.1 Billion by 2034, exhibiting a growth rate (CAGR) of 4.99% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 1.3 Billion |
Market Forecast in 2034
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US$ 2.1 Billion |
Market Growth Rate 2024-2034 | 4.99% |
The myasthenia gravis market has been comprehensively analyzed in IMARC's new report titled "Myasthenia Gravis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Myasthenia gravis (MG) is a chronic autoimmune condition which weakens and exhausts muscles, particularly those that control facial expression, eye movement, and swallowing. The loss of acetylcholine receptors at the neuromuscular junction reduces the regular transmission of nerve impulses to the muscles, hence leading to weakness. The signs and symptoms of MG can vary from person to person and can appear suddenly or gradually. Some of the common symptoms of MG include fatigue, muscle weakness, droopy eyelids, shortness of breath, difficulty in speaking, rapid eye movements, muscle twitching, etc. The diagnosis of MG generally involves a combination of clinical evaluations, tests, and procedures, such as blood tests, electromyography (EMG), MRI, and CT scan. Additionally, myasthenia gravis can also be identified using a diagnostic test known as the Edrophonium (Tensilon) test, which involves temporarily administering a drug to increase muscle strength. Some additional tests might also be required to assess the type and severity of MG and track the disease's development.
The rising prevalence of autoimmune illnesses and viral infections, such as the Epstein-Barr virus and cytomegalovirus, coupled with the growing unmet need for treatments, is primarily driving the global myasthenia gravis market. In addition to this, the escalating utilization of cholinesterase inhibitors, which assist in improving muscle strength by increasing the availability of acetylcholine at the neuromuscular junction, to treat the ailment is creating a positive outlook for the market. Furthermore, the widespread adoption of immunosuppressive therapy to suppress the immune system and reduce the production of antibodies that attack the acetylcholine receptors, is also bolstering the market growth. Besides this, the emerging popularity of plasmapheresis therapy, which involves removing the plasma from the blood and replacing it with intravenous fluids to remove harmful antibodies for treating MG is acting as a significant growth-inducing factor. Moreover, the introduction of several initiatives by numerous government bodies across the globe to create awareness regarding myasthenia gravis and support faster approvals of pipeline drugs and clinical trials that encourage the entry of new products is further augmenting the global market. Additionally, various key players are making extensive investments in developing monoclonal antibodies that block the activity of complement proteins involved in the immune response. This, in turn, is expected to drive the global myasthenia gravis in the coming years.
IMARC Group's new report provides an exhaustive analysis of the myasthenia gravis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, 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 across the seven major markets. According to the report, the United States has the largest patient pool for Myasthenia gravis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and 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 myasthenia gravis 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 myasthenia gravis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Efgartigimod alfa | Argenx |
Ravulizumab | Alexion Pharmaceuticals |
Eculizumab | Alexion Pharmaceuticals |
Mestinon | Milla Pharmaceuticals |
Satralizumab | Chugai Pharmaceuticals/Roche |
Nipocalimab | Momenta Pharamaceuticals |
Inebilizumab | Viela Bio |
Rozanolixizumab | UCB |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Myasthenia Gravis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies