PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1211722
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1211722
Paraneoplastic Cerebellar Degeneration (PCD) Market size was valued at USD XX Million in 2021, expanding at a CAGR of 4.8% from 2022 to 2028.
One of the most prevalent paraneoplastic neurological diseases is paraneoplastic cerebellar degeneration, a neurological illness. Immune-mediated damage to cerebellar Purkinje cells is the root cause. It has connections to many cancers, but particularly to pelvic and breast cancers. Additionally, patients with Hodgkin lymphoma, gastric cancer, prostate cancer, and small cell lung cancer exhibit paraneoplastic cerebellar degeneration (PCD).
Market Dynamics
There is a high prevalence of cancer patients across the globe, particularly those with breast, ovarian, and lung cancer, who make up the majority of the target patient group for paraneoplastic cerebellar degeneration (PCD), which is a key factor in the paraneoplastic cerebellar degeneration (PCD) market growth. Middle-aged and older individuals are more affected by the paraneoplastic cerebellar degeneration (PCD) condition because they are more likely to develop cancers like breast, lung, and ovarian. However, neither a permanent cure nor a targeted treatment are offered, which may impede market expansion. Additionally, there are no clinical studies due to insufficient epidemiological data or data regarding the disease, which is preventing the market from expanding throughout the forecast period.
Further, one of the factors driving the market expansion is the increase in healthcare spending, which will boost research into cutting-edge treatments for ailments. Another reason driving the market growth is the increase in patients with paraneoplastic neurological syndrome (PNS). Patients with paraneoplastic neurological syndrome (PNS) frequently exhibit neurologic symptoms either concurrently with the diagnosis of cancer or prior to the discovery of an underlying tumor. However, the growth of the market is anticipated to be hampered by high treatment costs, and challenges securing reimbursements and coverage.
Segmentation Analysis:
The Global Paraneoplastic Cerebellar Degeneration (PCD) Market is segmented on the basis of Diagnosis, Treatment, End User, and Region.
The market is split into three categories based on Diagnosis: imaging test, CSF analysis, paraneoplastic antibody assay. The imaging test segment dominates the market. Growing demand for imaging tests in diagnosis of cerebellar diseases is mainly contributing to segment growth.
The market is segmented into seven categories based on Treatment: immunotherapy, corticosteroids, immunoglobulins, plasma exchange, cyclophosphamide, tacrolimus, and rituximab. The immunotherapy segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to a rise in the prevalence of neurological disorders.
The market is segmented into three categories based on end user: cancer research institutes, hospitals, and others. The hospitals segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increase in the number of patients with Paraneoplastic Cerebellar Degeneration (PCD) is boosting the segment growth.
Competitive Landscape:
The worldwide market for Paraneoplastic Cerebellar Degeneration (PCD) is vastly fragmented in nature which comprised of large and small-sized market players with few large dominating the global market share. The companies in market emphasize on adopting aggressive strategies to reach out large consumer base. Some of the primary techniques used by corporations to strengthen their reach and expand their market share include new Diagnosis launches, partnerships, distribution network development, R&D spending, and mergers and acquisitions.
For instance, in 2022, Novartis AG announced collaboration with Alnylam to expand its neurology therapy related liver functions.
Key features of the study:
This proposed research study on Paraneoplastic Cerebellar Degeneration (PCD) market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2022-2028), considering 2021 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Paraneoplastic Cerebellar Degeneration (PCD) market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Paraneoplastic Cerebellar Degeneration (PCD) market
Impact of COVID-19 on Paraneoplastic Cerebellar Degeneration (PCD) market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Paraneoplastic Cerebellar Degeneration (PCD) market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Paraneoplastic Cerebellar Degeneration (PCD) market, we have also included competitive landscape and key innovator analysis for the Paraneoplastic Cerebellar Degeneration (PCD) market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Paraneoplastic Cerebellar Degeneration (PCD) market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Paraneoplastic Cerebellar Degeneration (PCD) market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL PARANEOPLASTIC CEREBELLAR DEGENERATION (PCD) MARKET KEY PLAYERS
Novartis AG
Astellas Pharma Inc.
Abbott
Bristol-Myers Squibb Company
Gilead Sciences, Inc
Glaxosmithkline Plc
F. Hoffmann-La Roche Ltd
Merck Sharp & Dohme Corp.
Sanofi
Pfizer Inc.
Takeda Pharmaceutical
Koninklijke Philips N.V.
General Electric Company
Esaote SpA
NeuroLogica Corporation
Masimo
York Instruments Ltd.
Neusoft Medical Systems
CANON MEDICAL SYSTEMS CORPORATION
GLOBAL PARANEOPLASTIC CEREBELLAR DEGENERATION (PCD) MARKET, BY DIAGNOSIS
Imaging Test
CSF Analysis
Paraneoplastic Antibody Assay
GLOBAL PARANEOPLASTIC CEREBELLAR DEGENERATION (PCD) MARKET, BY TREATMENT
Immunotherapy
Corticosteroids
Immunoglobulins
Plasma Exchange
Cyclophosphamide
Tacrolimus
Rituximab
GLOBAL PARANEOPLASTIC CEREBELLAR DEGENERATION (PCD) MARKET, BY END USER
Cancer Research Institutes
Hospitals
Others
GLOBAL PARANEOPLASTIC CEREBELLAR DEGENERATION (PCD) MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA