Duchenne Muscular Dystrophy (DMD) Therapeutics Market
Pharmaceuticals

Future Growth Forecast For The Duchenne Muscular Dystrophy (DMD) Therapeutics Global Market 2024-2033

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

The rising prevalence of genetic disorders is a key driver for the expansion of the Duchenne Muscular Dystrophy (DMD) market. Genetic disorders, arising from abnormalities or mutations in an individual’s DNA, increase the risk of DMD due to genetic mutations or familial genetic backgrounds. In 2021, the Centers for Disease Control and Prevention (CDC) reported that birth defects affect 3% of all babies born in the United States, making them a significant concern. This surge in genetic disorders contributes to the growing demand for DMD-related diagnostics, treatments, and therapeutic options.

Market Players Contributing to Growth
Major players in the DMD therapeutics market play a crucial role in addressing the rising demand. Companies such as CVS Health Corporation, Pfizer Inc., F. Hoffmann-La Roche Ltd., and others are actively involved in the development and distribution of therapeutics for Duchenne Muscular Dystrophy. Their contributions are pivotal in meeting the increasing healthcare needs and awareness regarding DMD treatment.

Market Size and Growth Factors

  • The DMD therapeutics market is projected to reach $11.95 billion in 2024, with a CAGR of 38.4%.
  • Government initiatives, rising healthcare spending, and awareness about DMD treatment are key factors fueling the market’s historic growth.
  • Further growth to $36.72 billion by 2028 is anticipated, attributed to increased investments, adoption of combination therapies, and the emergence of biomarkers.

View More On The Duchenne Muscular Dystrophy (DMD) Therapeutics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/duchenne-muscular-dystrophy-dmd-therapeutics-global-market-report

Bit Bio Leads Technological Advancements In Duchenne Muscular Dystrophy (DMD) Therapeutics
Innovations in DMD Therapeutics
To enhance the efficacy and accessibility of DMD treatments, major companies are embracing technological advancements. In July 2023, Bit Bio Ltd., a UK-based synthetic biology company, introduced disease model products aimed at advancing DMD treatments. These models, reprogrammed from induced pluripotent stem cells (iPSCs), provide a consistent and scalable source of human cells for research. Bit Bio’s ioSkeletal Myocytes DMD Exon 44 Deletion and ioSkeletal Myocytes DMD Exon 52 Deletion offer valuable insights into disease mechanisms, accelerating the development of effective therapies for DMD.

Contributions of Bit Bio

  • Bit Bio’s disease models address challenges associated with variability and the sourcing of primary cells.
  • Reprogrammed from iPSCs, these models play a vital role in advancing research and understanding disease mechanisms.
  • The innovative approach by Bit Bio supports the development of transformative treatments for Duchenne Muscular Dystrophy.

Solid Biosciences Expands Gene Therapy Portfolio With Acquisition Of Aavantibio, Inc. For Duchenne Muscular Dystrophy And Beyond
Strategic Expansion Through Acquisition
In December 2022, Solid Biosciences Inc. made a significant move by acquiring AavantiBio, Inc. This strategic acquisition, though undisclosed in amount, enabled Solid Biosciences to broaden its portfolio of gene therapy programs for neuromuscular and cardiac diseases. AavantiBio, Inc., a gene therapy company, specializes in transformative treatments for Duchenne Muscular Dystrophy and other related conditions.

Market Segmentation

  • The DMD therapeutics market is segmented by type (Small Molecules, Biologics), distribution channel (Offline, Online), and application (Hospitals, Clinics, Home Care).
  • North America emerged as the largest region in the DMD therapeutics market in 2023, showcasing the region’s prominence in addressing the growing healthcare needs.

Conclusion: Anticipating a Bright Future for Duchenne Muscular Dystrophy Therapeutics
The DMD therapeutics market is witnessing a remarkable growth trajectory, driven by the increasing incidence of genetic disorders and technological innovations by key industry players. Companies like Bit Bio and Solid Biosciences are at the forefront, contributing to advancements in treatments and expanding therapeutic options for Duchenne Muscular Dystrophy. With the market poised to reach $36.72 billion by 2028, these developments signal a promising future for those affected by DMD.

Request A Sample Of The Global Duchenne Muscular Dystrophy (DMD) Therapeutics Market Report 2023:
https://www.thebusinessresearchcompany.com/sample_request?id=12916&type=smp

The Duchenne Muscular Dystrophy (DMD) Therapeutics Global Market Report 2023  provides a comprehensive overview on the duchenne muscular dystrophy (DMD) therapeutics market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

View More Related Reports –
Duchenne Muscular Dystrophy Global Market Report 2023
Macular Degeneration Treatment Global Market Report 2023
Age-Related Macular Degeneration Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on: 
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model