AUTISM DISORDER TREATMENT MARKET ANALYSIS

Autism Disorder Treatment MarketSize and Trends

Market Dynamics

Increasing incidence of mental health illness and neurological disorders is expected to propel growth of the autism disorder treatment market. According to the National Autistic Society 2016, around 700,000 people suffered from autism spectrum disorder in the U.K. which accounts for 1 in every 100 people suffering from the mental condition. On a global scale, ASD affects 1 per 160 children, according to the epidemiological data stated by the World Health Organization (WHO), in April 2017. The WHO also suggests that based on the epidemiological studies conducted over past 50 years, the rate of incidence of autism has witnessed an increase, globally.

Another factor leading to growth of the autism disorder treatment market is increasing initiatives undertaken by governments as well as non-governmental organizations for treatment of Autism and promote the available treatment options for increasing life expectancy and quality life of the patients. For instance, in May 2014, a resolution was adopted at the 67^th World Health Assembly entitled “Comprehensive and Coordinated Efforts for the Management of Autism Spectrum Disorders (ASD)” that was supported by over 60 countries across the globe, to strengthen their national capacities to address autism spectrum disorder. Several other factors supporting growth of the autism disorder treatment market includes development of new medicines, growing research and development activities, increasing awareness about early identification of disease, and others. However, stringent regulations and continuous watch employed by governing authorities for product approval and marketing of medicines can act as potential hindrance for growth of autism disorder treatment market.