Amyotrophic Lateral Sclerosis (ALS): Growing Awareness and Increasing R&D Investment to Underpin Future Opportunities

Published on : Oct 31, 2018

Albany, New York, October 31, 2018: Amyotrophic Lateral Sclerosis (ALS) refers to a group of rare neurological disorders wherein functions of the nerve cells that control voluntary muscle movement are compromised. As Amyotrophic Lateral Sclerosis (ALS) is a progressive degenerative disease, ALS patients heavily rely upon caregivers for the normal chore as the disease prolongs. Physical exercise combined with medication can slow down ALS progression and reduce discomfort. The study of the Amyotrophic Lateral Sclerosis market is compiled in a research report titled “Amyotrophic Lateral Sclerosis: Opportunity Analysis and Forecast to 2027” that has been included in the exhaustive research repository of Market Research Hub (MRH).

Currently, the amyotrophic lateral sclerosis market has the presence of two FDA approved drugs namely - Riluzole (Rilutek) and Radicava (Edaravone). The former drug was approved in 1997 whereas the latter was approved in 2017 and both functions to decline the progression of the disease.

According to the Centers for Disease Control and Prevention (CDC), in the United States between 14,500 and 15,000 people had amyotrophic lateral sclerosis in 2016, of which about 5,000 people receive an annual diagnosis. On the global stage, between 2 and 5 people in every 100,000 are affected by amyotrophic lateral sclerosis.

The amyotrophic lateral sclerosis marketplace also has drugs that treat different symptoms of ALS. In addition, therapies such as physical therapy, occupational therapy, breathing therapy, speech therapy and nutritional support.

With respect to ALS diagnosis, electromyography (EMG) and nerve conduction study (NCS) are the most reliable tests used to diagnose amyotrophic lateral sclerosis.

Global Amyotrophic Lateral Sclerosis Market: Report Overview

The amyotrophic lateral sclerosis market report provides a comprehensive analysis of the disease market and provides a thorough outlook in terms of opportunity analysis and growth forecast through 2027.

The market study includes a thorough analysis of market drivers, restraints, trends and opportunities that hold significant influence on the futuristic growth of the amyotrophic lateral sclerosis (ALS) market.

Moreover, extensive study of the market entry barriers, challenges in the clinical trials, associated risks and distribution network is also included in the report that can the reader interested in the ALS market to take a well-informed business decision.

The ALS market report commences with the executive summary and is further divided into sophisticated chapters to deliver a seamless understanding to readers. These chapters provide vital information on the market performance of all the ALS market segments.

The forecasting methodology explained in the ALS market report includes analysis of information regarding diagnosed patients, population of drug-treated patients, drugs included in different therapeutic class, launch and patent expiry dates, and general pricing assumptions. 

A detailed analysis of prevailing R&D strategies, in-pipeline clinical trials, clinical trial design and clinical benchmark of key pipeline drugs provides the readers who are interested in the amyotrophic lateral sclerosis (ALS) market, an exhaustive information to make intelligent business decisions.

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