SPINAL MUSCULAR ATROPHY MARKET ANALYSIS

Spinal Muscular Atrophy MarketSize and Trends

Global spinal muscular atrophy market is estimated to be valued at USD 2,013.5 Mn in 2024 and is expected to exhibit a CAGR of 13.3% during the forecast period (2024-2031). 

Figure 1. Global Spinal Muscular Atrophy Market Value (US$ Mn), by Region, 2024

Increasing prevalence of spinal muscular atrophy is expected to drive growth of spinal muscular atrophy market

The increasing prevalence of spinal muscular atrophy (SMA) is expected to drive the market growth over the forecast period. For instance, according to the Spinal Muscular Atrophy Foundation, a voluntary organization whose mission is to accelerate the development of a treatment for spinal muscular atrophy, SMA is believed to affect around 10,000 to 25,000 children and adults in the U.S., and therefore it is one of the most common rare diseases.

Market Trends & Insights:

Increasing prevalence of spinal muscular atrophy is expected to drive growth of spinal muscular atrophy market

The increasing prevalence of spinal muscular atrophy (SMA) is expected to drive the market growth over the forecast period. For instance, according to the Spinal Muscular Atrophy Foundation, a voluntary organization whose mission is to accelerate the development of a treatment for spinal muscular atrophy, SMA is believed to affect around 10,000 to 25,000 children and adults in the U.S., and therefore it is one of the most common rare diseases.