Market Size of Global Autism Spectrum Disorders Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 7.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Autism Spectrum Disorders Treatment Market Analysis
The autism spectrum disorders treatment market is expected to register a CAGR of more than 7% over the forecast period, 2022-2027.
The COVID-19 pandemic has significantly impacted the autism disorders treatment market. This can be attributed to the fact that the pandemic caused supply chain disruptions in the pharmaceutical industry which led to problems in seeking treatment for autism spectrum disorders. Thus, the pandemic had a short-term negative impact on the market. In addition, as per a June 2021 published article titled, "Leveraging Technology for the Wellbeing of Individuals With Autism Spectrum Disorder and Their Families During Covid-19", one-way technology can be used during the pandemic for families with autism spectrum disorder (ASD) is through telehealth, which refers to providing various remote services electronically, such as patient care, education, and monitoring. Thus, telehealth has aided in meeting the rising demand for autism spectrum disorder treatment, thereby contributing to the market growth. Also, as per a December 2021 published study titled, "Coping with autism during lockdown period of the COVID-19 pandemic", the COVID-19 pandemic disrupted routines, triggered behavioral issues in individuals with ASD, and impacted the coping skills of both individuals and families, along with the mental health and well-being of the family. Such studies indicate the significantly high demand for autism spectrum disorders treatment amid the pandemic, thereby depicting an overall positive impact on the market.
The growth of the market can be attributed to the factors such as the increasing burden of autism spectrum disorder worldwide, rising awareness about the condition and available treatment options for autism spectrum disorder, as well as the growing number of investments in autism spectrum disorder.
For instance, as per a March 2022 update by the World Health Organization (WHO), about one in 100 children has autism. In addition, as per an October 2021 published study titled "Prevalence of Autism Spectrum Disorder and Co-morbidities in Children and Adolescents: A Systematic Literature Review," thirteen studies on the prevalence of autism spectrum disorder and 33 on the prevalence of co-morbidities were included. Prevalence of ASD was 1.70 and 1.85% in the United States in children aged 4 and 8 years, respectively, while the prevalence in Europe ranged between 0.38 and 1.55%. Additionally, current evidence is supportive of a global increase in autism spectrum disorder prevalence over the past years. However, the growing number of investments is also a major factor driving the market growth. For instance, in November 2021, Yamo Pharmaceuticals, LLC, reported that The Autism Impact Fund had made a capital investment in Yamo to support a Phase II study of L1-79 in adolescents and adults with an autism spectrum disorder. L1-79, the company's lead candidate, is a tyrosine hydroxylase inhibitor designed to modulate the catecholaminergic pathways implicated in autism spectrum disorder (ASD) and thus impact the socialization and communication symptoms in individuals with ASD.
However, the high cost of autism spectrum disorder treatment and diagnosis, as well as stringent regulations about product approval, are the major factors hindering the market growth.
Autism Spectrum Disorders Treatment Industry Segmentation
As per the scope of the report, autism spectrum disorders constitute a diverse group of conditions related to the development of the brain and are characterized by some degree of difficulty with social interaction and communication. The market is segmented by drug class (antipsychotic drugs, selective serotonin reuptake inhibitors (SSRIs)/antidepressants, stimulants, and other drug classes), by type (autistic disorder, Asperger's Syndrome, and other types), by distribution channel (hospital pharmacies, drug stores and retail pharmacies, and online pharmacies), and geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Drug Class | |
Antipsychotic Drugs | |
SSRIs/Antidepressants | |
Stimulants | |
Other Drug Classes |
By Type | |
Autistic Disorder | |
Asperger's Sydrome | |
Other Types |
By Distribution Channel | |
Hospital Pharmacies | |
Drug Stores and Retail Pharmacies | |
Online Pharmacies |
Geography | ||||||||
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Global Autism Spectrum Disorders Treatment Market Size Summary
The autism spectrum disorder treatment market is poised for substantial growth, driven by an increasing global prevalence of autism and heightened awareness of the condition and its treatment options. The market has experienced a temporary setback due to the COVID-19 pandemic, which disrupted supply chains and treatment access, but also spurred the adoption of telehealth solutions, enhancing service delivery. The market's expansion is further supported by significant investments in research and development, as evidenced by initiatives from companies like Yamo Pharmaceuticals and Axial Therapeutics, which are advancing novel treatments and therapies. Despite challenges such as high treatment costs and stringent regulatory requirements, the market is expected to grow significantly over the forecast period.
In North America, particularly the United States, the market holds a substantial share due to the high incidence of autism spectrum disorders and robust research and development activities. The competitive landscape is characterized by the presence of major global players like PaxMedica and Otsuka Pharmaceutical Co., Ltd., who are employing various strategies such as partnerships and product launches to strengthen their market position. Innovations like Bened Life's Neuralli probiotic and STALICLA's precision medicine platform are indicative of the ongoing advancements in the field. These developments, alongside regulatory approvals and technological integrations, are anticipated to drive the market's growth trajectory in the coming years.
Global Autism Spectrum Disorders Treatment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Burden of Autism Spectrum Disorder (ASD) Worldwide
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1.2.2 Rising Awareness Pertaining ASD and Growing Number of Investments
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1.3 Market Restraints
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1.3.1 High Cost of Autism Spectrum Disorder Treatment and Diagnosis
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1.3.2 Stringent Regulations Pertaining to Product Approval
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Drug Class
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2.1.1 Antipsychotic Drugs
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2.1.2 SSRIs/Antidepressants
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2.1.3 Stimulants
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2.1.4 Other Drug Classes
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2.2 By Type
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2.2.1 Autistic Disorder
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2.2.2 Asperger's Sydrome
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2.2.3 Other Types
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2.3 By Distribution Channel
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2.3.1 Hospital Pharmacies
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2.3.2 Drug Stores and Retail Pharmacies
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2.3.3 Online Pharmacies
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle- East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Autism Spectrum Disorders Treatment Market Size FAQs
What is the current Global Autism Spectrum Disorders Treatment Market size?
The Global Autism Spectrum Disorders Treatment Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)
Who are the key players in Global Autism Spectrum Disorders Treatment Market?
PaxMedica, Yamo Pharmaceuticals, Otsuka Pharmaceutical Co., Ltd., F. Hoffmann-La Roche Ltd and Q BioMed Inc. are the major companies operating in the Global Autism Spectrum Disorders Treatment Market.