Quadriplegia Treatment Market size is poised to reach USD 4 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of quadriplegia treatment was USD 2 Billion. The reason behind the growth is impelled by an increasing incidence of spinal cord injuries across the world. A spinal cord injury can result in loss of function or mobility, which can lead to quadriplegia or tetraplegia, as well as loss of muscle strength. For instance, more than 55% of severe spinal cord injury instances result in quadriplegia, making it the most prevalent symptom overall.
According to the World Health Organization (WHO), between 250,000 to 500,000 persons worldwide are affected by spinal cord injuries (SCI) each year.
The growing advancement in the field of quadriplegia treatment is believed to fuel the quadriplegia treatment market growth. For instance, researchers from Northwestern University researchers have devised a new injectable therapy that uses "dancing molecules" to mend spinal cord lesions, which gives hope to thousands of people affected annually who suffer serious spinal cord injuries and become paralyzed.
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~5% |
Base Year Market Size (2023) |
~ USD 2 Billion |
Forecast Year Market Size (2036) |
~ USD 4 Billion |
Regional Scope |
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Growth Drivers
Challenges
Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Stores)
The hospital pharmacies segment in the quadriplegia treatment market is estimated to gain a robust revenue share of 60% in the coming years. Spinal cord injuries often require immediate medical attention, and hospitals provide 24*7 necessary facilities to provide quality care to the patient. The rising count of hospital admissions can also lead to higher demand for rehabilitation services for the treatment of quadriplegia. Lately, therapeutic and rehabilitation therapy services for those with spine injuries are provided acute rehabilitation in hospitals to recover and improve their mobility.
Route of Administration (Oral, Intravenous)
Quadriplegia treatment market from the oral segment is set to garner a notable share shortly. owing to the benefits offered by oral administration such as convenience, and cost-effectiveness. Patients with quadriplegia have limited mobility therefore oral route is considered as most convenient method. Physical therapy, occupational therapy, speech/language therapy, muscle relaxants, and the use of medical equipment are non-surgical treatments for quadriplegia, which may be used in combination with oral drugs or other treatments, this as a result also reduces the overall healthcare expenses. The treatment doesn’t require any surgical procedures or need for injections which are beneficial for patients who need long-term medical care and have weak immune systems.
Our in-depth analysis of the global quadriplegia treatment market includes the following segments:
Treatment Type |
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Route of Administration |
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Distribution Channel |
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North American Market Forecast
Quadriplegia treatment market in North America is predicted to account for the largest share of 35% by 2036 impelled by the growing consumption of alcohol. Over the past few decades, there has been a rise in alcohol consumption per capita in the United States, which has increased the risk of health issues like cancer, and liver disorders, and is a component that regularly affects the likelihood of accidents and injuries. For instance, more than 35 individuals every day, or one every 39 minutes, lose their lives in drunk driving accidents in the United States.
According to estimates, more than 10 million adult Americans suffer from an alcohol consumption disorder. Particularly, in 2021 over 55% of American adults drank alcohol.
European Market Statistics
The Europe quadriplegia treatment market is estimated to be the second largest, during the forecast timeframe led by the increasing investment in the medical sector. As a result, there is an increase in the development of clinics, a rehabilitation hospital, and centers in the region that provide quality treatment services to patients with quadriplegia. Besides this, owing to increased spending healthcare professionals are also able to develop specialized skills for the treatment of quadriplegia leading to rising demand for the treatment.
Author Credits: Radhika Gupta, Shivam Bhutani
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