The North America rare neurological disease treatment market is expected to reach US$ 6,113.29 Mn in 2027 from US$ 3,184.10 Mn in 2019. The market is estimated to grow with a CAGR of 8.7% from 2019-2027.
The growth of the market is driven by factors such as the rising prevalence of rare neurological diseases, increasing awareness about rare diseases, and robust pipeline drugs in the North America region. However, higher cost of rare neurological disease treatments is likely to restrain the market growth to a certain extent.
A large group of rare diseases that have inefficient diagnoses and treatments are the neurological disease. These diseases target the nervous system, which include the brain, spinal cord, and all the nerves that run throughout the human body. There is no surety regarding the onset of the diseases; some can strike during childhood, whereas others can affect even highly aged people.
In the world of medicine, rare neurological diseases represent significant burden on health systems in terms of disease diagnosis, treatment, and management. Some of the majorly observed rare neurological diseases comprises narcolepsy, amyotrophic lateral sclerosis, Alzheimer’s disease, multiple sclerosis, spinal muscular atrophy (SMA), Duchenne muscular dystrophy, and others. According to a data published by National Institutes of Neurological Disorders and Stroke in 2019, 7,000 rare neurological diseases have been registered in the US. Additionally, according to the same study, these conditions are responsible for significant number of morbidity and mortality. Additionally, increasing prevalence of rare neurological diseases is expected to drive the growth of the rare neurological disease treatment market during the forecast period.
Rapid developments in healthcare and drug discovery are leading to the introduction of new therapeutic solutions for the treatment of rare neurological diseases. Authorities such as World Health Organization, National Institute of Neurological Disorders and Stroke, and National Institutes of Health are taking constructive steps to encourage the research activities to find a remedy for rare neurological disease treatment. For instance, Neurological disorders, which include more than 1,000 conditions that disrupt the brain and nervous system, affect an estimated 100 million Americans, nearly one third of the US population. With the annual cost of neurological disorders already approaching $800 billion, new treatments that both modify and prevent neurological disease are more critical than ever. Such increasing awareness and developments for rare neurological diseases are likely to boost the growth of the rare neurological disease treatment market in North America during the forecast period.
The increasing use of rare neurological disease treatment in medical treatment cases in North America is expected to drive rare neurological disease treatment market the growing pharmaceuticals industry in the country create a lucrative opportunity and the presence of an established market for rare neurological disease treatment.
Mexico Rare neurological disease treatment Market Revenue and Forecasts to 2027 (US$ Bn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
NORTH AMERICA RARE NEUROLOGICAL DISEASE TREATMENT – MARKET SEGMENTATION
North America Rare Neurological Disease Treatment Market - By Indication
- Narcolepsy
- Amyotrophic Lateral Sclerosis
- Alzheimer’s Disease
- Multiple Sclerosis
- Spinal Muscular Atrophy (SMA)
- Duchenne Muscular Dystrophy
- Other Indications
North America Rare Neurological Disease Treatment Market - By Drug Type
- Organic Compounds
- Biologics
North America Rare Neurological Disease Treatment Market - By Distribution Channel
- Online Pharmacies
- Hospital Pharmacies
- Retail Pharmacies
North America Rare Neurological Disease Treatment Market - By Mode of Administration
North America Rare Neurological Disease Treatment Market - By Country
- US
- Canada
- Mexico
North America Rare Neurological Disease Treatment Market - Companies Mentioned
- Allergan plc.
- Bayer AG
- GlaxoSmithKline plc.
- Johnson & Johnson Services Inc.
- Merck & Co. Inc.
- Novartis AG
- Pfizer Inc.
- Sanofi
- Teva Pharmaceutical Industries Ltd
- Takeda Pharmaceutical Company Limited
North America Rare Neurological Disease Treatment Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 3,184.10 Million |
Market Size by 2027 | US$ 6,113.29 Million |
Global CAGR (2019 - 2027) | 8.7% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Indication
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset



Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
North America Rare Neurological Disease Treatment Market Forecast to 2027 - Covid-19 Impact and Regional Analysis Indication, Drug Type, Distribution Channel, Mode of Administration and Country

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
US, Canada
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The List of Companies - North America Rare Neurological Disease Treatment Market
- Allergan plc.
- Bayer AG
- GlaxoSmithKline plc.
- Johnson & Johnson Services Inc.
- Merck & Co. Inc.
- Novartis AG
- Pfizer Inc.
- Sanofi
- Teva Pharmaceutical Industries Ltd
- Takeda Pharmaceutical Company Limited