Number of pages: 100 | Report Format: PDF | Published date: 14 October, 2022
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
Report Attribute |
Details |
Market size value in 2021 |
US$ 6.91 billion |
Revenue forecast in 2030 |
US$ 11.89 billion |
Growth Rate |
CAGR of 6.2% from 2022 to 2030 |
Base year for estimation |
2021 |
Forecast period |
2022-2030 |
Segments covered |
Drug therapy, disease, age group, distribution channel, and region. |
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
The global autism spectrum disorder treatment market was pegged at US$ 6.91 billion in 2021 and is expected to witness a CAGR of 6.2% during the forecast period.
Market Fundamentals
Autism spectrum disorder is a neurological disorder that causes problems with social communication and interaction, and some autism spectrum disorder patients may experience a lack of interest, repetitive behaviors, sleep disorders, and delayed speech development. Autism spectrum disorder can be diagnosed at any age, but it mostly appears in the first two years of age. Autism spectrum is a lifelong condition, and no treatment is available to cure the disorder. However, healthcare providers frequently use various medications to treat a specific behavior, such as self-injury or aggression. Minimizing a symptom allows the autistic person to concentrate on other things, such as learning and communication.
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Market Dynamics
The global autism spectrum disorder treatment market is mainly driven by increasing investment in research and development for treating autism spectrum disorder and increasing government initiatives for drug development. Additionally, increasing awareness of the disease and rising funding from NGOs contribute to the growth of the global autism spectrum disorder treatment market. Moreover, the increasing prevalence of autism spectrum disorder and advanced diagnostic technology fuel the global autism spectrum disorder market. However, the lack of approved drugs, the high cost, and the heavy investment required for research and development are hindering the growth of the global autism spectrum disorder treatment market.
Market Ecosystem
The global autism spectrum disorder treatment market has been analyzed from five perspectives: Drug therapy, disease, age group, distribution channel, and region.
Autism Spectrum Disorder Treatment Market by Drug Therapy
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Based on drug therapy, the global autism spectrum disorder treatment market has been segmented into antipsychotic drugs, selective serotonin reuptake inhibitors, stimulants, sleep medications, and others. Stimulant drug therapy is leading the global autism spectrum disorder treatment market owing increasing use of stimulants, as it does not change the core characteristics of autism. It helps autistic children with attention deficiency and hyperactivity disorder. Antipsychotic drugs are also expected to show the highest growth during the forecast period owing to the increasing use of antipsychotic drugs for treating irritability and other symptoms.
Autism Spectrum Disorder Treatment Market by Disease
Based on diseases, the global autism spectrum disorder treatment market is segmented into autistic disorder, Asperger syndrome, pervasive developmental disorder, and others. Autistic disorder leads the global market owing to the high prevalence and growing awareness of autism disorder. Additionally, increasing government and NGOs initiative for creating awareness and providing treatment is contributing to the growth of the global autistic disorder treatment market.
Autism Spectrum Disorder Treatment Market by Age Group
The global autism spectrum disorder treatment market has been segmented based on age group into children and adults. The adult segment is leading the global autism spectrum market owing to increasing cost-effective therapies for adults and the increasing prevalence of autism. Additionally, increasing research and development for adult autism spectrum drug treatment are contributing to the growth of the segment.
Autism Spectrum Disorder Treatment Market by Distribution Channel
Based on distribution channels, the global autism spectrum disorder treatment market has been segmented into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies. Hospital pharmacies are leading the global autism spectrum disorder market owing to the increasing number of hospital pharmacies and increasing patient footfall for diagnosis and treatment. Additionally, the adoption of novel treatments and therapy contributes to the growth of the autism spectrum disorder treatment market.
Autism Spectrum Disorder Treatment Market by Region
Based on region, the global autism spectrum disorder treatment market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the global autism spectrum disorder treatment market regarding revenue share. The large share of North America in the global market can be attributed to growing prevalence, growing awareness about autism, and improving diagnostic techniques. Additionally, developed infrastructure and advanced healthcare systems are contributing to the growth of the autism spectrum disorder market.
Competitive Landscape
Some prominent players operating in the global autism spectrum disorder treatment market are
Growing investment in research and development for the treatment of autism spectrum disorder and increasing government initiatives for drug development are key driving factors for the global autism spectrum disorder treatment market.
The estimated market size of the global autism spectrum disorder treatment market US$ 11.89 billion in 2030.
The expected CAGR for the global autism spectrum disorder treatment market is 6.2% during the forecast period from 2022 to 2030.
North America is the key growth region in the global autism spectrum disorder treatment market.
Alembic Pharmaceuticals Limited, Aurobindo Pharma Ltd., Curemark, LLC, F. Hoffmann-La Roche Ltd, H. Lundbeck A/S, Janssen Pharmaceuticals, Inc., Otsuka Holdings Co. Ltd., PaxMedica, Teva Pharmaceutical Industries Ltd. and Yamo Pharmaceuticals among others.
*Insights on financial performance are subject to the availability of information in the public domain
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