Australia Myasthenia Gravis Treatment Market Size & Outlook
Australia myasthenia gravis treatment market, 2018-2032 (US$M)
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Australia myasthenia gravis treatment market highlights
- The Australia myasthenia gravis treatment market generated a revenue of USD 2.0 million in 2021 and is expected to reach USD 13.2 million by 2032.
- The Australia market is expected to grow at a CAGR of 18.7% from 2022 to 2032.
- In terms of segment, chronic immunomodulators was the largest revenue generating treatment type in 2021.
- Monoclonal Antibodies is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Myasthenia gravis treatment market data book summary
| Market revenue in 2021 | USD 2.0 million |
| Market revenue in 2032 | USD 13.2 million |
| Growth rate | 18.7% (CAGR from 2021 to 2032) |
| Largest segment | Chronic immunomodulators |
| Fastest growing segment | Monoclonal Antibodies |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cholinesterase Inhibitors, Chronic Immunomodulators, Monoclonal Antibodies, Rapid Immunotherapies, Thymectomy |
| Key market players worldwide | AstraZeneca PLC, Grifols SA Ordinary Shares - Class A, Avadel Pharmaceuticals PLC, Novartis AG ADR, Pfizer Inc, AbbVie Inc, Roche Holding AG, GlaxoSmithKline, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Australia accounted for 0.1% of the global myasthenia gravis treatment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2032.
- In Asia Pacific, Japan myasthenia gravis treatment market is projected to lead the regional market in terms of revenue in 2032.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 1.8 million by 2032.
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Myasthenia Gravis Treatment Market Scope
Myasthenia Gravis Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia myasthenia gravis treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to myasthenia gravis treatment market will help companies and investors design strategic landscapes.
Chronic immunomodulators was the largest segment with a revenue share of 30% in 2021. Horizon Databook has segmented the Australia myasthenia gravis treatment market based on cholinesterase inhibitors, chronic immunomodulators, monoclonal antibodies, rapid immunotherapies, thymectomy covering the revenue growth of each sub-segment from 2018 to 2032.
The growth of Australia myasthenia gravis market can be mainly attributed to continuous government initiatives being undertaken to improve access to advanced treatment for patients suffering from rare diseases, including MG.
In February 2020 the Australian Government Department of Health published The National Strategic Action Plan for Rare Diseases (NSAPRD). In Australia, MG is more commonly diagnosed in women under 40 and in men over 60 years of age.
Furthermore, during pregnancy, a woman with MG may pass AChR antibodies to her fetus, which can cause symptoms of MG in the newborn, but the symptoms mostly resolve within 2-3 months of birth. In May 2020, Myasthenia Alliance Australia (MAA) surveyed 155 confirmed MG patients.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia myasthenia gravis treatment market , including forecasts for subscribers. This country databook contains high-level insights into Australia myasthenia gravis treatment market from 2018 to 2032, including revenue numbers, major trends, and company profiles.
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Australia myasthenia gravis treatment market size, by treatment type, 2018-2032 (US$M)
Australia Myasthenia Gravis Treatment Market Outlook Share, 2021 & 2032 (US$M)
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