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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