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 ataxia market is projected to reach $33.78 billion in 2023 from $30.77 billion in 2022, with a 9.8% CAGR. By 2027, it’s anticipated to attain a market size of $47.1 billion, growing at an 8.7% CAGR.

North America held the largest ataxia market share, and Asia-Pacific was the fastest-growing region in 2022.

Ataxia Market Driver
Increased alcohol use is expected to drive ataxia market growth. Alcohol consumption, typically oral ingestion of ethanol-containing beverages, leads to cerebellar degeneration, a common form of acquired toxic ataxia. Alcoholism patients exhibit lower limb postural tremors and gait ataxia. In December 2022, Kirin Holdings Company Limited, a Japanese beverage firm, reported a global beer consumption of approximately 185.6 million kiloliters in 2021, a 4.0% increase from the prior year, driven by COVID-19-related restrictions easing. This alcohol consumption surge is fueling ataxia market growth.

View More On The Ataxia Market Report 2023 – https://www.thebusinessresearchcompany.com/report/ataxia-global-market-report

Prominent Ataxia Market Trend
Innovations in products are a prominent trend in the ataxia market. Leading ataxia market companies prioritize product or drug innovation to maintain their market position. For example, in February 2023, Reata Pharmaceuticals, a US biotech firm, gained FDA approval for SKYCLARYS (omavaloxolone), the first drug specifically for adults and adolescents aged 16 with Friedreich’s ataxia. SKYCLARYS, an oral medication taken once daily, showed significantly lower mFARS (modified Friedreich’s Ataxia Rating Scale) scores at Week 48 compared to a placebo, offering hope for those diagnosed with this rare inherited neurological condition that typically presents in adolescence.

Ataxia Market Prominent Players
Major players in the ataxia market are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche Ltd, AbbVie Inc., Bayer AG, Novartis AG, Sanofi, Bristol-Myers Squibb Company, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Gilead Sciences Inc., Boehringer Ingelheim International GmbH, Merck KgaA, Viatris Inc., Teva Pharmaceutical, Otsuka Pharmaceutical Co. Ltd., Mylan N.V., Celgene Corporation, Vertex Pharmaceuticals Incorporated, Banner Health, UCB S.A., Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Genentech Inc., Ipsen Biopharmaceuticals Inc., Aurobindo Pharma Limited, Apotex Inc., Amneal Pharmaceuticals LLC, Biogen Inc, and Lupin Limited.

Request A Sample Of The Global Ataxia Market Report 2023:
https://www.thebusinessresearchcompany.com/sample_request?id=12218&type=smp

Key Ataxia Market Segments
The global ataxia market is segmented –
1) By Type: Friedreich’s Ataxia, Ataxia-telangiectasia, Episodic Ataxia, Other Types
2) By Product: Treatment, Diagnosis
3) By Dosage Form: Solid, Liquids, Other Dosage Forms
4) By Route of Administration: Oral, Parenteral, Other Routes of Administration
5) By End User: Hospital, Clinics, Home Healthcare, Other End-Users

The Ataxia Global Market Report 2023  provides a comprehensive overview on the ataxia market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the ataxia 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.

View More Related Reports –
Cell Culture Consumables And Equipment Global Market Report 20233D Cell Culture Technologies Global Market Report 2023
Metabolomics 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