The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

According to The Business Research Company’s Cerebral Palsy Treatment Global Market Report 2023, the worldwide cerebral palsy treatment market is projected to increase from $3.17 billion in 2022 to $3.33 billion in 2023, with a 5.13% CAGR. It is anticipated to reach $3.89 billion in 2027, maintaining a 3.95% CAGR.

What was the major driver in the cerebral palsy treatment market?

The rising incidence of cerebral palsy drives the cerebral palsy (CP) treatment market. CP comprises neurological disorders that affect body mobility and muscle control from early childhood. Detecting new CP cases encourages the development of novel treatments. In April 2022, Cerebral Palsy Guidance reported about 10,000 annual newborns with CP and approximately 764,000 individuals in the United States displaying signs of cerebral palsy, underscoring the market’s growth associated with the increasing prevalence of cerebral palsy.

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What was the key trend in the cerebral palsy treatment market?

Increasing technological integration is a prominent trend in the cerebral palsy treatment market. Leading companies in this sector are incorporating innovative technologies to maintain their market position. For example, in May 2022, Myolyn, a US medical device company specializing in functional electrical stimulation and rehabilitation technology, obtained FDA approval for the second version of its flagship product, MyoCycle, an advanced stationary exercise bike using functional electrical stimulation (FES) technology. It aids individuals with muscle weakness or paralysis due to conditions like spinal cord injury, stroke, Parkinson’s disease, and cerebral palsy, facilitating muscle activation and overall health improvement, making it a valuable tool for those facing muscle activation challenges.

Which was the largest region in the cerebral palsy treatment market?

North America was the largest region in the cerebral palsy treatment market in 2022. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cerebral palsy treatment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the cerebral palsy treatment market prominent players?

Major players in the cerebral palsy treatment market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Novartis AG, Bristol-Myers Squibb Company, AstraZeneca PLC, Medtronic PLC, Eli Lilly and Co Ltd., Stryker Corporation, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Boston Scientific Corporation, Astellas Pharma Inc., UCB SA, Sun Pharmaceutical Industries Limited, Jazz Pharmaceuticals Inc., Ipsen S.A., Hikma Pharmaceuticals PLC, Ferring Pharmaceuticals Private Limited, Mallinckrodt plc, Glenmark Pharmaceuticals Ltd., Lupin Limited, Merz Pharmaceuticals LLC, Torrent Pharmaceuticals Ltd., Almirall S.A., Wockhardt Ltd., Bioness Inc., Motek Medical B.V., Myomo Inc., and ReWalk Robotics Ltd.

Key cerebral palsy treatment market segments

The global cerebral palsy treatment market is segmented –

1) By Treatment: Surgery Therapy, Medication

2) By Drug Type: Anticholinergics, Anticonvulsants, Antidepressants, Other Drugs

3) By Disease Type: Spastic Cerebral Palsy, Dyskinetic Cerebral Palsy, Ataxic Cerebral Palsy, Mixed Cerebral Palsy

4) By Distribution Channel: Hospital Pharmacies, Retail stores And Pharmacy, Online Providers

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The Cerebral Palsy Treatment Global Market Report 2023  provides a comprehensive overview on the cerebral palsy treatment market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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