The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s catalepsy treatment market report forecasts the catalepsy treatment market size to grow to $103.32 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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Catalepsy Treatment Market Size Forecast
The global catalepsy treatment market is expected to grow from $76.03 billion in 2022 to $81.15 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global catalepsy treatment market size is expected to grow to $103.32 billion in 2027 at a CAGR of 6.2%.

North America held the largest catalepsy treatment market share.

Key Catalepsy Treatment Market Driver ­– Growth In The Prevalence Of Chronic Diseases
According to the World Health Organisation, a US-based specialised organisation responsible for international public health, by September 2022, around 41 million people will die each year from chronic noncommunicable diseases (NCD), accounting for 74% of all deaths worldwide. Furthermore, the total number of NCD fatalities in low- and middle-income nations will be around 77%. As a result, the increasing prevalence of chronic disorders is propelling the catalepsy therapy market.

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Key Catalepsy Treatment Market Trend – Product Innovation
To increase their market position, major businesses in the catalepsy treatment industry are focusing on developing unique solutions. Hikma Pharmaceuticals PLC, a UK-based developer of non-branded generic and in-licensed pharmaceutical products, for example, launched Succinylcholine Chloride Injection, a muscle relaxant that delivers skeletal muscular relaxation or mechanical ventilation, in July 2021. It is specially built with a neuromuscular blocking medication that simplifies tracheal intubation and general anaesthesia, allowing patients to be treated more quickly and easily.

Catalepsy Treatment Market Segment
1) By Type: Drugs, Psychotherapy, Other Types
2) By Route of Administration: Oral, Parenteral, Other Routes
3) By End User: Hospitals, Specialty Clinics, Other Users

Catalepsy Treatment Market Major Players and Strategies
Major players in the catalepsy treatment market are Upsher-Smith Laboratories LLC, Piramal Enterprises Ltd., Vintage Labs Private Limited, Hikma Pharmaceuticals Plc., CASI Pharmaceuticals Inc., Covis Pharma GmbH, GSK Plc., Bayer AG, Novartis AG, Aleva Neurotherapeutics SA, Sanofi S.A., Takeda Pharmaceutical Company Limited, Roche Holding AG, Abbott Laboratories, Pfizer Inc., Johnson & Johnson Services Inc., Dr Reddy’s Laboratories Ltd., Mylan N.V., Eisai Co. Ltd., and Glenmark Pharmaceuticals Limited.

Sanofi S.A., a French biopharmaceutical firm specialised on rare diseases and long-term chronic ailments, bought Kadmon Holdings, Inc. for an undisclosed sum in November 2021. Sanofi’s combined resources with Kadmon’s are intended to allow it to strengthen and extend its general medicine portfolio as a result of this acquisition. Kadmon Holdings, Inc. is a biopharmaceutical business established in the United States that discovers and develops revolutionary medicines for unmet medical needs.

The Catalepsy Treatment Global Market Report 2023 covers regional data on catalepsy treatment market size, catalepsy treatment market trends and drivers, opportunities, strategies, and catalepsy treatment market competitor analysis. The countries covered in the catalepsy treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Catalepsy treatment is a process that combines medication and muscle relaxants to reduce the symptoms of catalepsy such as loss of voluntary movements, fixed posture, and diminished sensitivity to pain. They are used to reduce muscle stiffness.

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