Movement Disorder Market

Global Movement Disorder Market: Overview

Movement disorders are those diseases and neurological syndromes affecting the capacity to control and produce movement of the living body. This kind of disorder affects the human brain, spinal cord, and nerves. When body nerves are affected, it leads to cerebrovascular diseases and various degenerative illnesses in adulthood. In the last few years, technological progress made in the field has led to the availability of highly advanced and innovative methods of treatment. Riding on the back of these factors, the global movement disorder market is estimated to observe growth over the projection period, from 2020 to 2030.

In addition to that, expiry of patent of several blockbuster drugs along with augmented prevalence of neurodegenerative diseases is likely to augur well for the market. In addition, emergence of new technologies is estimated to work in favor of the global movement disorder market over the assessment period, from 2020 to 2030. Prevalence of various neurological diseases, such as multiple symptom atrophy (MSA), Parkinson’s disease, and Huntington’s disease is estimated to support growth of the global movement disorder market in the years to come. However, shortage of production of dopamine, a brain chemical, by nerve cells present in the brain results in mental disorders and uncoordinated movements in people.

Disease type, and region are two important factors in the market that has been considered for the classification of the global movement disorder market.

Global Movement Disorder Market: Notable Developments

Some important developments pertaining to the global movement disorder market have taken place in the recent past. The market is marked with the presence of handful market players in the movement disorder sector. Continuous research and development has played an important role in the expansion of the market share and increasing revenue for the market players.

Some of the prominent companies in the global movement disorder market are mentioned below:

• Forest Laboratories W.L
• Baxter International, Inc.
• Boston Scientific Corporation
• Abbott Laboratories,Inc.,
• Cardinal Health, Inc.
• Medtronic Plc

Global Movement Disorder Market: Key Trends

The global movement disorder market is marked with the presence of the following challenges, promising opportunities, and market drivers.

Increased Prevalence of Various Degenerative Diseases to Accelerate Growth of the Market

The development of the global movement disorder market is estimated to be influenced by several macro-economic and micro-economic factors in the environment. In addition, the market is likely to be influenced by prevalence of various degenerative diseases, trauma, cerebrovascular diseases, convulsive diseases, and brain tumors. Various neurological disorders are known to influence cognitive abilities of a person, thereby resulting in more complications. These health complications include inability to speak properly, swallow and chew food, depression, and insomnia. Riding on the back of such health complications is expected to work in favor of the global movement disorder market over the timeframe of analysis, from 2020 to 2030.

There has been an augmented awareness about the prevalence of mental illnesses, which is likely to support growth of the market. Increased approval of various methods of treatment and medications from US-based Food and Drug Administration (FDA) is expected to pave way for rapid growth of the global movement disorder market in the years to come. In recent times, Ingrezza capsules and Xadago (safinamide) tablets are two such tablets that are utilized in the treatment of Parkinson’s disease.

Global Movement Disorder Market: Geographical Analysis

North America is estimated to come up as an leading region in the global movement disorder market and is likely to remain one of the dominant forces throughout the tenure of assessment, from 2020 to 2030. Increased awareness about the condition together with increasing prevalence of diseases limiting movement is likely to support growth of the regional market in the years to come.