Market Overview:
The 7 major hemiplegia markets reached a value of US$ 710 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,040 Million by 2034, exhibiting a growth rate (CAGR) of 3.57% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year |
2023 |
Forecast Years |
2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 710 Million |
Market Forecast in 2034
|
US$ 1,040 Million |
Market Growth Rate 2024-2034
|
3.57% |
The hemiplegia market has been comprehensively analyzed in IMARC's new report titled "Hemiplegia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Hemiplegia refers to a medical condition characterized by weakness or paralysis on one side of the body. It is generally caused by damage or injury to the motor cortex, which is a part of the brain that is responsible for controlling voluntary muscle movements. The symptoms of this ailment typically affect one side of the body, including the leg, arm, and sometimes the face. The severity of the indication can vary, ranging from mild weakness to complete paralysis. Individuals with hemiplegia may have difficulty with activities that involve motor skills, such as walking, grasping objects, or speaking. The diagnosis of the ailment is based on a comprehensive evaluation that takes into account the patient's medical history, physical indications, and neurological examination. Various laboratory procedures and blood workups, including an erythrocyte sedimentation rate test and complete blood count, are performed to assess the patient's overall health and rule out other possible infections that could be causing the symptoms. The healthcare professional may further recommend electroencephalography (EEG), which detects the electrical activity of the brain, to confirm a diagnosis.
The increasing cases of brain stroke that cause a sudden interruption of blood supply to the brain, leading to cell damage, are primarily driving the hemiplegia market. In addition to this, the rising incidences of several associated risk factors, including brain tumors, traumatic neurological injuries, multiple sclerosis, etc., are also bolstering the market growth. Furthermore, the widespread adoption of potent medications, such as chlordiazepoxide, calcium channel blockers, anticoagulants, etc., for reducing the symptoms of the ailment is acting as another significant growth-inducing factor. Additionally, the escalating utilization of modified constraint-induced movement therapy to aid in improving motor control, strength, coordination, and dexterity of the affected limb, which enhances functional abilities in patients, is also augmenting the market growth. Moreover, the growing demand for active-assistive robotic technologies, since they offer the potential for remote therapy, thereby encouraging maximum participation and adherence to treatment programs, is creating a positive outlook for the market. Apart from this, the emerging popularity of neuromuscular electrical stimulation on account of its several associated benefits, such as reducing imbalances in the affected side of the brain and promoting neuroplasticity, is expected to drive the hemiplegia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the hemiplegia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for hemiplegia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the hemiplegia market in any manner.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the hemiplegia market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the hemiplegia market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current hemiplegia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Drugs |
Company Name |
Triheptanoin |
Ultragenyx Pharmaceutical |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Key Questions Answered in this Report:
Market Insights
- How has the hemiplegia market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the hemiplegia market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the hemiplegia market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of hemiplegia across the seven major markets?
- What is the number of prevalent cases (2018-2034) of hemiplegia by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of hemiplegia by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with hemiplegia across the seven major markets?
- What is the size of the hemiplegia patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of hemiplegia?
- What will be the growth rate of patients across the seven major markets?
Hemiplegia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for hemiplegia drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the hemiplegia market?
- What are the key regulatory events related to the hemiplegia market?
- What is the structure of clinical trial landscape by status related to the hemiplegia market?
- What is the structure of clinical trial landscape by phase related to the hemiplegia market?
- What is the structure of clinical trial landscape by route of administration related to the hemiplegia market?