Press Release

LKS Treatment Market to Grow with Impressive CAGR During the Forecast Period

Global LKS Treatment Market is driven by advancing medicine industry in the forecast period, 2023-2027.

According to TechSci Research report, LKS Treatment Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, the global LKS treatment market has a potential to project an impressive CAGR toward forces growth in the period, 2023-2027, on the account of advanced medicine progression. Surge in the demand for the better healthcare facilities for the diseases infecting future generations further drive the growth of the global LKS treatment market in the upcoming five years.

Increasing child mortality rate due to genetic disorders are also supporting the growth of the global LKS treatment market in the next five years. Also, rapidly increasing research and product development for innovative therapies and advanced pharmaceuticals as a treatment for symptoms like speech impairment, seizures (complex partial, generalized clonic, and atypical absence seizures) further substantiate the growth of the global LKS treatment market in the future five years.

Additionally, increasing concerns toward child development and diseases associated wit the lack of cognitive comprehension of the children aged as young as 2-8 years is further aiding the growth of the global LKS treatment market in the forecast years, until 2027.

Increasing expenses and financial support from the government toward extended research, therapy development, and to create awareness among the population is also driving the growth of the global LKS treatment market in the forecast period. Although, expensive treatment may put milk hindrance in the future growth, but insurance support for the patients would help over come such drawbacks and support the growth of the global LKS treatment market in the forecast years.

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The global LKS treatment market segmentation is based on type, treatment, diagnosis, end user, regional distribution, and competitional landscape.

Based on type, the market is further bifurcated into focal motor seizures, tonic seizures, and atonic seizures. Focal motor seizures are the seizures or abnormal actions of the limbs in the patient suffering from Landau-Kleffner Syndrome. The patient’s muscle activity is affected severely that causes abnormal jerking in the foot, arms, face, or other parts of the body. Sometimes the patient may experience loss of muscle tone, or repeated movements of the limbs.

Tonic seizures cause sudden stiffness or tension in the limbs (muscles), or trunk part of the body. The seizure mostly occurs during sleep in the LKS patient and may last for 10 to 20 seconds. Atonic seizures are also termed as akinetic seizures where the patient suddenly losses muscle strength and drop attacks or drop seizures may occur. The patient often falls to the ground or simply losses any muscle activity and the body goes limp.

Treatment based market segmentation is fragmented into anticonvulsant drugs, corticosteroids, intravenous immunoglobulins, surgery, speech therapy, and others. Anticonvulsant drugs are anticipated to dominate the market segment in the upcoming five years on the account of rapidly increasing advancement in the pharmaceutical products and increasing instances of seizures and convulsions to the patients suffering from Landau-Kleffner Syndrome (LKS), thereby supporting the growth of the global LKS treatment market in the next five years.

Some of the market players, dominating the global market are:

·         Johnson & Johnson

·         Novartis AG

·         Pfizer, Inc.

·         Teva Pharmaceutical Industries Ltd

·         Abbott Laboratories, Inc.

·         Cipla, Inc.

·         Glenmark Pharmaceuticals Limited

·         Mankind Pharma Limited

·         Novo Nordisk A/S

·         Takeda Pharmaceutical Company Limited

The existing market players are highly invested in research and product development along with viable service provisions for the consumers. New market entrants may follow similar strategies along with merger and acquisition methods for future brand establishment.

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“North American region is anticipated to dominate the global LKS treatment market in the upcoming five years on the grounds of expanding healthcare sector in the major economies of the region, like the United States, and Canada. Increasing expenses in the healthcare industry and increasing advancement in the therapeutic & pharmaceutical sector further drives the growth of the global LKS treatment market in the next five years. Rapidly increasing market players in the region working on the effective therapeutics and pharmaceutical products further support the growth of the market in the future five years. Advancement in the technology for better therapies and increased awareness among the population for the availability of the treatment also substantiate the growth of the global LKS treatment market in the forecast years. New market players in the region may focus on research and devote their resources and finances toward innovative therapies for the LKS treatment and support their future endeavors of the market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

LKS Treatment Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Type (Focal Motor Seizures, Tonic Seizures, Atonic Seizures), By Treatment (Anticonvulsant Drugs, Corticosteroids, Intravenous Immunoglobulins, Surgery, Speech Therapy, Others), By Diagnosis (Electroencephalogram (EEG), MRI, Audiometry, Genetic Testing, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region”, has evaluated the future growth potential of global LKS treatment and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global LKS treatment market.

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