Autism therapy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of 585.81 billion and grow at a CAGR of 4.20% in the above-mentioned forecast period. Increasing incidences of autism spectrum disorder and the growing awareness about this condition drives the autism therapy market.
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Autism is a type of neurological disorder that is associated with a number of disabilities like lack of social skills, challenges with behavior of the individual. The intensity and severity of the disease is different with every individual. The diagnosis of autism can be done from a very early age and the cause is yet unknown, but constant research and development is being carried on for the complete information of the disease.
Increasing prevalence of autism and pervasive developmental disorder (PDD) is the vital factor escalating the market growth, also rise in investments by autism therapy services providers and a few government organizations to establish sufficient treatment facilities and rising policies of reimbursement to support treatment for the increasing number of autistic children are the major factors among others driving the autism therapy market. Moreover, rising technological advancements and increasing modernization in the healthcare sector and rising research and development activities in the healthcare sector will further create new opportunities for autism therapy market in the forecasted period of 2021-2028.
North America dominates the autism therapy market due to rising research and development activities and the launching of new products through mergers and strategic partnerships in this region. Europe is the expected region in terms of growth in autism therapy market due to rising awareness about the availability of several therapies to treat patients with autism spectrum disorders in this region.
The major players covered in the autism therapy market report are Pfizer Inc., Eli Lilly and Company, ALLERGAN, Merck & Co. Inc., Teva Pharmaceutical Industries Ltd., Novartis AG, Johnson & Johnson Services Inc., Aspire Autism LLC, Hopebridge LLC., Bristol-Myers Squibb Company, Otsuka Holdings Co.Ltd., Curemark LLC., Sosei Group, Saniona, Sun Pharmaceutical Industries Ltd., Mylan N.V., Endo Pharmaceuticals Inc., and F. Hoffmann-La Roche Ltd among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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