Global Cervical Dystonia Therapeutics Market to 2023: Alternatives to Botulinum Toxins and Other Therapeutics will Provide Market Challenges

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Nov 21, 2018, 08:00 ET

DUBLIN, Nov 21, 2018 /PRNewswire/ --

The "Global Cervical Dystonia Therapeutics Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The cervical dystonia therapeutics market will register a CAGR of almost 5% by 2023.

With the rise in reimbursement programs for botulinum neurotoxin injections, there is a growing demand for treatment of cervical dystonia. Several reimbursement programs are available to help people access the high-cost botulinum neurotoxin therapy for the treatment of cervical dystonia. These reimbursement programs help patients with or without medical insurance to achieve appropriate reimbursement for their treatment with botulinum toxins.

For instance, Allergan, the manufacturer of BOTOX, sponsors a comprehensive reimbursement program called as BOTOX Reimbursement Solutions Program. This program includes a BOTOX Hotline and BOTOX Patient Assistance Program to assist patients who are receiving BOTOX injection treatment.

Market Overview

Expected approval of late-stage pipeline molecules

The global cervical dystonia therapeutics industry is forecasted to witness a steady growth owing to the expected approval of late-stage molecules in the pipeline for the treatment of cervical dystonia. The cervical dystonia therapeutics market is also expected to benefit from the growing number of molecules being launched for the treatment of the disease.

Availability of alternate therapies

For the treatment of cervical dystonia, botulinum toxins and other therapeutics are used. However, the low rate of success and temporary cure of these therapeutics leads people towards alternative therapies such as DBS surgery, which is a major challenge for the growth of the market.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Allergan and Eisai, the competitive environment is quite intense. Factors such as the rising number of reimbursement programs for botulinum neurotoxin injections and the anticipated approval of late-stage pipeline molecules, will provide considerable growth opportunities to cervical dystonia therapeutic vendors. Allergan, Eisai, Ipsen Pharma, Merz Pharma, and US WorldMeds are some of the major companies covered in this report.

Report Summary:

One trend affecting this market is the reimbursement for botulinum neurotoxin injections. Several reimbursement programs are available to help people access the high-cost botulinum neurotoxin therapy for the treatment of cervical dystonia. These reimbursement programs help patients with or without medical insurance to achieve appropriate reimbursement for their treatment with botulinum toxins.

According to the report, one driver influencing this market is the expected approval of late-stage pipeline molecules. As the market is witnessing an acute lack of more approved cervical dystonia therapeutics, these late-stage pipelines molecules have the potential to tap the unmet demand from the patient pool for treatment of cervical dystonia.

Further, the report states that one challenge affecting this market is the product withdrawals. The global sepsis therapeutics market has an acute lack of approved therapies, resulting in huge unmet needs among sepsis patients and hampering the growth of the market.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by product
Comparison by product
Botulinum toxins - Market size and forecast 2018-2023
Other therapeutics - Market size and forecast 2018-2023
Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
Americas - Market size and forecast 2018-2023
EMEA - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Allergan
Eisai
Ipsen Pharma
Merz Pharma
US WorldMeds

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/hl3jhr/global_cervical?w=5

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