The spinal muscular atrophy treatment market is expected grow between 2015 and 2021, based on a Persistence Market Research report, according to medGadget.
Here are five observations:
1. The increasing number of SMA cases as well as growing awareness about SMA treatments is driving market growth.
2. Government initiatives as well as enhanced healthcare infrastructure is also boosting the SMA treatment market.
3. Costliness of SMA treatment and a dearth of skilled surgical professionals will hinder the market.
4. North America leads the SMA treatment market because of the high number of SMA cases in the area as well as the traction of SMA treatment options.
5. Asia will likely see significant growth during the forecast period, with India and China leading the pack. Large populations and growing government initiatives will spur market growth in these areas.