Guillain-Barre Syndrome Market

Global Guillain-Barre Syndrome Market Size, Share & Trends Analysis Report By Therapeutics (Intravenous Immunoglobulin, Plasma Exchange, and Others), By Route Of Administration, By Distribution Channel, By Regional Outlook and Forecast, 2023 - 2030

Report Id: KBV-21413 Publication Date: March-2024 Number of Pages: 233
2022
USD 602 Million
2030
USD 852.2 Million
CAGR
4.6%
Historical Data
2019 to 2021

Market Report Description

The Global Guillain-Barre Syndrome Market size is expected to reach $852.2 billion by 2030, rising at a market growth of 4.6% CAGR during the forecast period.

North America, particularly the United States and Canada, has a robust healthcare infrastructure with high healthcare spending levels. Thus, the North America segment captured 36.2% revenue share in the market 2022. According to the Government of Canada, since 2014, approximately half of all cases of AFP that have been identified in Canada have been diagnosed with Guillain-Barré syndrome, and approximately twenty percent of those cases have been diagnosed with transverse myelitis.

Guillain-Barre Syndrome Market Size - Global Opportunities and Trends Analysis Report 2019-2030

GBS primarily affects adults, with the highest incidence rates observed in individuals aged 50 and older. As the global population ages, there’s a natural increase in the number of people at risk for GBS, which contributes to the rising prevalence of the condition.

Additionally, according to World Bank data, the World Bank Board of Directors approved US$50 million in new financing for Argentina to improve access to public healthcare services and ensure continued service for 6.5 million residents of the province of Buenos Aires without private health insurance. In conclusion, increasing global healthcare expenditures are driving the market’s growth.

However, the acute phase of GBS often requires hospitalization, intensive care, and specialized medical interventions such as plasma exchange and intravenous immunoglobulin (IVIG) therapy. These treatments can incur substantial healthcare costs, including hospital charges, medication expenses, and physician fees, placing financial strain on patients and healthcare systems. Thus, the high cost of treatment is impeding the market’s growth.

Driving and Restraining Factors
Guillain-Barre Syndrome Market
  • Growing incidence and prevalence of Guillain-Barre syndrome
  • Ongoing research and development
  • Increasing expenditure in global healthcare sector
  • High cost of treatment of GBS
  • Potential complications and long-term disability related to GBS
  • Increasing advancements in diagnostic techniques
  • Growth of the telemedicine and remote monitoring
  • Limited treatment options of GBS
  • Low awareness and underdiagnosis of GBS

By Therapeutics Analysis

Based on therapeutics, the market is bifurcated into intravenous immunoglobulin, plasma exchange, and others. In 2022, the intravenous immunoglobulin segment garnered 50.9% revenue share in the market. Intravenous immunoglobulin exerts its therapeutic effects through multiple mechanisms, including modulating immune responses.

By Route Of Administration Analysis

On the basis of the route of administration, the market is segmented into parenteral and oral. In 2022, the oral segment attained a noteworthy revenue share in the market. Oral medications are increasingly utilized for early intervention in GBS cases with mild symptoms or as maintenance therapy following the acute phase of the disease.

Guillain-Barre Syndrome Market Share and Industry Analysis Report 2022

By Distribution Channel Analysis

Based on distribution channel, the market is categorized into retail pharmacies, hospital pharmacies, and others. In 2022, the hospital pharmacies segment registered 48.8% revenue share in the market. GBS management typically involves a multidisciplinary team of healthcare professionals, including neurologists, intensivists, physiotherapists, and pharmacists, working together to provide comprehensive patient care.

Free Valuable Insights: Global Guillain-Barre Syndrome Market size to reach USD 852.2 Million by 2030

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region generated 28.2% revenue share in the market. The diagnostic rate of neurological illnesses, including GBS, has improved in the Asia-Pacific region due to increased public and healthcare professional knowledge.

Guillain-Barre Syndrome Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 602 Million
Market size forecast in 2030 USD 852.2 Million
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 4.6% from 2023 to 2030
Number of Pages 233
Number of Tables 340
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Solution, Technology, Application, Vertical, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included F. Hoffmann-La Roche Ltd., Pfizer, Inc., PTC, Inc., AstraZeneca PLC, Novartis AG, Novo Nordisk A/S, Takeda Pharmaceutical Company Limited, Bayer AG, Merck & Co., Inc., Bristol Myers Squibb Company
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List of Key Companies Profiled

  • F.Hoffmann-La Roche Ltd.
  • Pfizer, Inc.
  • PTC, Inc.
  • AstraZeneca PLC
  • Novartis AG
  • Novo Nordisk A/S
  • Takeda Pharmaceutical Company Limited
  • Bayer AG
  • Merck & Co., Inc.
  • Bristol Myers Squibb Company

Guillain-Barre Syndrome Market Report Segmentation

By Therapeutics

  • Intravenous Immunoglobulin
  • Plasma Exchange
  • Others

By Route Of Administration

  • Parenteral
  • Oral

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

This Market size is expected to reach $852.2 billion by 2030.

Ongoing research and development are driving the Market in coming years, however, Potential complications and long-term disability related to GBS restraints the growth of the Market.

F. Hoffmann-La Roche Ltd., Pfizer, Inc., PTC, Inc., AstraZeneca PLC, Novartis AG, Novo Nordisk A/S, Takeda Pharmaceutical Company Limited, Bayer AG, Merck & Co., Inc., Bristol Myers Squibb Company

The expected CAGR of this Market is 4.6% from 2023 to 2030.

The Parenteral segment is leading the Market by Route of Administration in 2022; thereby, achieving a market value of $524 million by 2030.

The North America region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $295.7 million by 2030.

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