Cerebral Palsy Market

 Global Cerebral Palsy Market Size (2024 to 2029)

The cerebral palsy market is estimated to be worth USD 1.86 billion in 2024 and is anticipated to reach USD 2.24 billion by 2029 with a CAGR of 4.2% during the forecast period.  

Current Scenario of the Cerebral Palsy Market

Cerebral palsy is a neurological condition that occurs when there is damage to brain areas that control muscle movement, which is the primary reason for childhood disability. The symptoms and effects vary from person to person, and according to medical experts, these people have a longer life. According to the data provided by the Centers for Disease Control and Prevention (CDC), cerebral palsy prevalence ranges from 1 to nearly 4 per 1000 live births. It also stated that the prevalence of cerebral palsy is higher for children born preterm or at lower birth weights. The global cerebral palsy market accounted for notable growth in the past years due to rising disease prevalence and is anticipated to have significant growth during the forecast period. The increased pipeline of drugs for cerebral palsy treatment will provide market growth opportunities in the coming years.    

MARKET DRIVERS

The disease prevalence worldwide is the primary factor driving the demand for medications for treatment, accelerating the growth of the global market revenue.

The rising research and development activities in the most significant regions for developing innovative treatment therapies are escalating global market growth. For Instance, according to data from Clinicaltrials.gov, in 2023, Jazz Pharmaceuticals conducted a study to evaluate the efficacy of Sativex for the treatment of spastic cerebral palsy in children and adolescents aged from 8 to 18 years, and it was declared to be safe and effective. These findings will support the introduction of new and innovative medications, propelling the market growth. According to the data provided by clinicaltrials.gov, Nine hundred-one studies of cerebral palsy are now being carried out through various ongoing clinical studies and evaluations. The rising awareness among the people and the growing government initiatives to educate people regarding cerebral palsy diagnosis, precautions, and therapeutic procedures are estimated to impact global market revenue growth positively.

The growing investments by the healthcare industry to improve healthcare facilities and enlarge healthcare infrastructure to meet patient requirements are boosting market expansion. The rising support programs and online communities that support patients in getting treatment and the presence of cost-effective healthcare solutions and favorable reimbursement policies in developed regions are accelerating market growth opportunities. The expanding pharmaceutical industry with innovative developments is enhancing the investments in drug development to address the symptoms caused by cerebral palsy, which are expected to create multiple growth opportunities for the cerebral palsy market in the coming years.

MARKET RESTRAINTS

The possible side effects associated with the medications used in the treatment of cerebral palsy among people hamper the market growth rate. The common side effects include confusion, constipation, dizziness, drowsiness, incontinence, insomnia, high blood pressure, nausea, liver damage, slurred speech, and others, which limit the adoption of medications and the market growth. These side effects are experienced in patients taking antispastics, antidepressants, anticonvulsants, and anticholinergics, and these medications are prescribed according to the patient's conditions. The high costs associated with the treatment and therapy procedures will hinder market growth due to restricted access to low and middle-income people. According to the data provided by the National Bobath Cerebral Palsy Center in 2023, nearly 59% of adults and 42% of children lacked access to adequate healthcare services for complete requirements. The presence of increased competition among the market players due to the high prevalence of the disease and the high costs associated with drug development and distribution will be primary challenges to manufacturers expanding the market growth rate. Manufacturers must balance the development of innovations with affordability to survive the competition by meeting consumer demands. The presence of stringent regulations by the FDA for approval of the drugs and high chances of failure of drug development phases lead to complexity, more time consumption, and high expenditure, which acts as a challenge to the market players, impeding the global market growth.  

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Cerebral Palsy Market Analysis  By Disease Type

The Spastic cerebral palsy segment held the dominant market share in the global cerebral palsy market revenue. Spastic cerebral palsy is known as a developmental disorder that is caused by damage to the brain before birth, during delivery, or in the first few years of life. The increased prevalence of the disease drives the segment growth. According to data published in 2023 by Cerebral Palsy Guidance.com, Spastic cerebral palsy is the most common form of cerebral palsy, accounting for approximately 70% to 80% of all diagnosed people. The disease prevalence is escalating research activities, and government support is fueling the segment's growth. The Dyskinetic cerebral palsy segment held the second-largest share in the global market. It accounts for around 10% to 20% of children. The birth prevalence decreased from 0.21 to 0.07 per 1000 live births from 1996 to 2015. Dyskinetic cerebral palsy is known for involuntary movements, difficulty in muscle tone, and difficulty controlling movements.

Global  Cerebral Palsy Market Analysis  By Treatment

The medication segment dominated the global cerebral palsy market revenue with a significant share. This is due to the increased use of medications to manage the symptoms and improve the patient's life. Various therapeutics are used to control seizures, reduce muscle stiffness, and be effective against pain and spasticity, which drives the segment revenue growth. Most patients and healthcare professionals prefer medications for treating cerebral palsy due to their wide accessibility and lower costs than surgery, which fuels segment expansion and leads to market growth. The surgery segment is estimated to have the fastest growth in the coming years as they are gaining traction among patients who are unresponsive to medications and non-invasive treatment procedures. The surgeries will correct the structural abnormalities and improve motor function by enhancing the patient's overall mobility. The increasing awareness among the people regarding the benefits of surgical interventions and the escalating technological advancements in surgical techniques are boosting segment growth.

Global  Cerebral Palsy Market Analysis By Distribution Channel

The hospital pharmacies segment dominated the global cerebral palsy market with a prominent share as hospital pharmacies play a crucial role in distributing cerebral palsy medications. Most patients receive care and treatment for cerebral palsy at hospitals where the hospital pharmacies are the primary source of pharmaceutical products, boosting the segment growth. The hospital pharmacies provide a reliable supply of medications to the patients by evaluating the prescriptions provided by the healthcare professionals. Most hospitals maintain partnerships with various branded companies, which fuels the segment revenue expansion. The online pharmacies segment is projected to grow fastest in the coming years with a prominent CAGR. The pandemic positively impacted the adoption of online shopping platforms, and the rapid advancements in technology-induced tremendous traction for online pharmacies. Various benefits offered by online pharmacies, such as convenience, accessibility, and exploration of a wide range of medications for cerebral palsy patients, boost the segment's growth. A wide range of discounts and competitive pricing is influencing people to seek online pharmacies as a choice, accelerating the market growth.  

REGIONAL ANALYSIS

The North American region held the most significant global cerebral palsy market revenue share. The growing prevalence of cerebral palsy is enhancing the demand for medications for disease treatment. The presence of significant market players and their increasing investments in R&D activities provide market growth opportunities. According to the data provided by the Autism and Developmental Disabilities Monitoring (ADDM) Network in November 2023, cerebral palsy affected about 1.0 million people in the United States. The prevalence of cerebral palsy in the U.S. is 1 out of 345 children. As per the data provided by Congress.gov in 2023, each year, over 10,000 babies are diagnosed with cerebral palsy in the United States. The increasing cases of cerebral palsy are escalating the need for treatment, and the heavy investments by the pharmaceutical industry in therapeutical interventions have a significant impact on market growth.

The European region accounted for the second-largest market share in 2023 and is estimated to grow considerably in the coming years. The presence of a well-established pharmaceutical industry, rising cases of cerebral palsy, technological developments in the healthcare industry, and availability of advanced healthcare facilities in treating cerebral palsy contribute to the regional cerebral palsy market growth. For Instance, Jupiter Lifeline Hospitals announced its plan to establish an advanced neuro-rehabilitation center in the U.K., with an investment of approximately 50.0 million pounds in 2023. The rehabilitation center is expected to serve individuals with conditions like cerebral palsy, traumatic brain injury, spinal cord injuries, and other conditions.

The Asia Pacific region is expected to grow fastest during the forecast period due to the growing population and escalating cerebral palsy cases. The expanding healthcare industry's growing expenditure, R&D investments, and rising awareness of disease conditions drive market expansion across the Asia Pacific region. Countries like China and India are experiencing a surge in research activities and accelerating the development of innovative therapeutics, which positively impact the growth of cerebral palsy market size.

The Latin America, Middle East, and African regions are estimated to have notable growth during the forecast period. The growing awareness among the people, rising government initiatives to educate the people regarding the risks and treatment procedures, and improved healthcare industry are estimated to propel the market growth in the coming years.   

KEY PLAYERS IN THE CEREBRAL PALSY MARKET

Companies playing a leading role in the global mechanical ventilators market are Medtronic Plc, Abbott Laboratories, Johnson & Johnson, Boston Scientific Corporation, Novartis Pfizer Inc., GlaxoSmithKline Plc, Merck & Co., Inc., Sanofi SA, Teva Pharmaceutical Industries Ltd.

RECENT MARKET DEVELOPMENTS

• In January 2024, Neurotech International received approval from the Human Research Ethics Committee (HREC) and clearance from the Therapeutics Goods Administration (TGA) to start a Phase I/II clinical trial of NTI164 for treating cerebral palsy.

• In July 2023, The Cerebral Palsy Alliance (CPA) launched a new brand campaign with Cummins and Partners titled "A Life Changing Movement," highlighting how CPA helps explore the potential of children and adults with cerebral palsy.

• In May 2023, The Cerebral Palsy Foundation partnered with University College Cork, Trinity College Dublin, and the Royal College of Surgeons in Ireland (RCSI) University of Medicine and Health Sciences to launch a program of excellence to revolutionize cerebral palsy care in Ireland. According to the program, around 150 babies receive a cerebral palsy diagnosis in Ireland every year.
• In March 2022, Congressmen Steve Cohen, Brian Fitzpatrick, and Emanuel Cleaver implemented the Cerebral Palsy Research Programme Act. These men proposed a Cerebral Palsy research program within the Centers for Disease Control and Prevention (CDC). This initiative is expected to establish the first-ever dedicated federal funding source for cerebral palsy research.
• In February 2022, the Cerebral Palsy Alliance (CPA) Research Foundation and Hearts and Minds Investments Ltd. Entered into a partnership for innovative research to revolutionize newborn intensive care worldwide. The collaboration aims to reduce the occurrence and severity of cerebral palsy and other lifelong problems in children by supporting Australia's leading neonatologists and bioengineers.  

DETAILED SEGMENTATION OF THE GLOBAL CEREBRAL PALSY MARKET INCLUDED IN THIS REPORT

This research report on the global mechanical ventilators market has been segmented and sub-segmented into the following categories.

By Disease Type

• Spastic Cerebral Palsy
• Dyskinetic Cerebral Palsy
• Ataxia Cerebral Palsy
• Others

By Treatment

• Surgery
• Medication
• Therapy

By Distribution Channel

• Hospital Pharmacies
• Drug Stores & Retail Pharmacies
• Online Pharmacies

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa