Global Fragile X Syndrome Market Growth Propelled by Development of Targeted Therapy

May 18, 2023 | Healthcare

According to the latest report by IMARC Group, titled “­­Fragile X Syndrome Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033,” the global fragile X syndrome market size is witnessing steady growth. Fragile X syndrome refers to a genetic disorder that affects the X chromosome leading to various intellectual disabilities, such as learning problems and cognitive impairment. It occurs due to the mutation in the fragile X messenger ribonucleoprotein 1 (FMR1) gene causing it to become weak and unable to produce adequate levels of fragile X mental retardation protein (FMRP). Its symptoms include delayed speech and language development, hyperactivity, social anxiety, attention deficit, autism spectrum disorder (ASD), seizures, and connective tissue weaknesses. Fragile X syndrome is diagnosed through various techniques, such as physical examination, family history assessment, deoxyribonucleic acid (DNA) analysis, and carrier testing.

Global Fragile X Syndrome Market Trends:

The rising prevalence of fragile X syndrome across the globe due to genetic mutation and DNA abnormalities is one of the primary factors propelling the market growth. In addition to this, the increasing male population, which is more susceptible to the ailment owing to the presence of only one X-chromosome, is acting as another growth-inducing factor. Furthermore, the growing awareness among the masses regarding early identification and diagnosis of fragile X syndrome to prevent future complications, allow early interventions, and improve patient outcomes, is providing an impetus to the market growth. Additionally, the introduction of advanced genetic testing, such as polymerase chain reaction (PCR) and next-generation sequencing (NGS), to facilitate faster detection of mutation and improve the accuracy, accessibility, and affordability of diagnostic tests is positively influencing the market growth. Besides this, the recent development of targeted therapy, which addresses the underlying causes of fragile X syndrome to improve cognitive functions, overcome behavioral issues, and alleviate symptoms, is contributing to the market growth. Apart from this, the implementation of supportive government policies to spread awareness among the masses, support fragile X syndrome research, and provide access to high-quality healthcare facilities is favoring the market growth. Other factors, including rising healthcare expenditure, increasing investment in developing advanced therapeutics, and growing utilization of artificial intelligence (AI) to aid in fragile X treatment, are anticipated to drive market growth. 

Market Summary:

  • Region-wise, the market has been classified into the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom), and Japan. The United States has the largest patient population for fragile X syndrome and also represents the largest market for its treatment among the seven major markets.
  • This research study also offers a thorough overview of late-stage pipeline candidates and currently marketed medications for fragile X syndrome.
  • The study also offers a thorough overview of the treatment practices for fragile X syndrome, the share of specific therapies, and the performance of key market players.

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