Global Achondroplasia Treatment Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global achondroplasia treatment market over the forecast period. North America is estimated to hold 34.1% of the market share in 2023. The global achondroplasia treatment market is expected to witness significant growth in the coming years, driven by the high prevalence of achondroplasia, favorable health reimbursement, and increased awareness. North America is expected to emerge as the leading region for the achondroplasia treatment market. For instance, in April 2022, the University of Arkansas sponsored a clinical trial to characterize skeletal muscle amino acid kinetics to an Extrinsic allergic alveolitis EAA challenge, i.e., an oral amino acid tolerance test (OATT), to determine the state of muscle health. For that purpose, trial subjects were given 10 g of a commercially available nutritional supplement for achondroplasia. Hence, an increase in such clinical studies demonstrating the clinical outcome of supplements to treat achondroplasia may result in the launch of new supplements and thus contribute to the growth of the studied market in the region. These kinds of developments in the healthcare system and rising health expenditures, as well as increased knowledge of advanced cancer treatments, are fueling the achondroplasia treatment market growth in North America.
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