Further, the myasthenia gravis treatment market is expected to witness significant growth owing to rise in focus of pharmaceutical companies on the development of novel drugs for the treatment of the disease. In addition, several drugs, including monoclonal antibodies and immunosuppressants, are being developed & tested for their efficacy in treating myasthenia gravis. Moreover, increase in investment in R&D by pharmaceutical companies is expected to intensify the market growth. Furthermore, rise in awareness about myasthenia gravis among patients & healthcare professionals is contributing to rise in demand for its treatments. Further, as more people are gaining awareness regarding the symptoms & risks associated with myasthenia gravis, they are opting for early diagnosis & treatment.
Moreover, government initiatives to improve healthcare infrastructure & increase awareness about myasthenia gravis are driving the market growth. The market growth is further expected to be driven due to the availability of improved healthcare infrastructure, increase in unmet healthcare needs, rise in prevalence of autoimmune diseases, and surge in demand for novel drugs for the management of myasthenia gravis. In addition, various organizations along with the government are counseling people regarding autoimmune diseases. Furthermore, numerous animations through health apps to educate people regarding myasthenia gravis & usage of medications have contributed toward the market growth. Further, rise in demand for effective intravenous immunoglobulin and monoclonal antibodies is expected to strengthen the development of the market. Moreover, increase in promotional activities by manufacturers is expected to fuel the market growth in the near future.
However, the myasthenia gravis treatment market is challenged by several restraints. The major restraint for the growth of the France myasthenia gravis treatment market are the side effects associated with the drugs used for the treatment of the disease. In addition, drugs such as corticosteroids and immunosuppressants are associated with several side effects, including increased risk of infection, weight gain, mood changes, & gastrointestinal problems, which can impact patient compliance further hampering the market growth. Moreover, the outbreak of COVID-19 has disrupted workflows in the healthcare sector of the France. The delay in diagnosis & treatment of myasthenia gravis during the pandemic had a significant impact on patient outcomes. During that time, patients with non-emergency conditions such as myasthenia gravis were unable to receive timely medical attention. This delay in diagnosis & treatment has led to disease progression and worsened symptoms, impacting the quality of life of myasthenia gravis patients.
Moreover, the pandemic disrupted the supply chains of drugs & medical devices in the France market, leading to shortages & delays in delivery of myasthenia gravis treatments. In addition, companies operating in the myasthenia gravis treatment market were impacted financially by the pandemic, with revenue growth being limited owing to supply chain issues. It has further increased the risk of myasthenic crisis, respiratory failure, and permanent pulmonary damage in myasthenia gravis patients due to their suppressed immune systems.
The myasthenia gravis treatment market is segmented into drug class, age group, and distribution channel. On the basis of drug class, the market is categorized into monoclonal antibodies, intravenous immunoglobulin, and others. By age group, the market is segregated into below 55 years and above 55 years. Depending on the distribution channel, the market is divided into hospital pharmacies, drug stores, retail pharmacies & online providers.
Key players in the France myasthenia gravis treatment market are Sanofi, Merck KGaA, Mylan, Caremark, UCB Pharma, Teva Pharmaceuticals, Novartis, Abbott Laboratories, Eli Lilly, OBS Medical.
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Key Market Segments
By Age group
- Below 55 years
- Above 55 years
By Drug class
- Monoclonal antibodies
- Intravenous immunoglobulin
- Others
By Distribution channel
- Hospital pharmacies
- Drug store and retail pharmacies
- Online providers
- Key Market Players
- Sanofi
- Merck KGaA
- Mylan
- Caremark
- UCB Pharma
- Teva Pharmaceuticals
- Novartis
- Abbott Laboratories
- Eli Lilly
- OBS Medical
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Table of Contents
Companies Mentioned
- Sanofi
- Merck KGaA
- Mylan
- Caremark
- UCB Pharma
- Teva Pharmaceuticals
- Novartis
- Abbott Laboratories
- Eli Lilly
- OBS Medical
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