The US GBS drugs market size is USD xx billion in 2019 and projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.
Guillain-Barre syndrome is a rare condition concerning the immune system of the body. In Guillain-Barre syndrome, the body’s immune system starts attacking the body’s own nervous system, resulting in pain and loss of sensation, as well as weakness and a pins and needles feeling in the limbs. However, the disease has often been seen to be accompanied by respiratory infections and the stomach flu. Growing awareness about Guillain-Barré syndrome is likely to be a major driver for the US Guillain-Barre syndrome market. Effective healthcare measures have resulted in the discovery of effective cures for many of the most common diseases seen around the world. This has in turn increased the visibility of rare diseases, resulting in increasing research and development in the field of discovering cures for rare diseases, including Guillain-Barre syndrome. The increasing investment from pharmaceutical companies in the field of discovering cures for rare diseases is likely to be a stimulant for the US Guillain-Barre syndrome market over the forecast period.
Increasing number of patients with GBS, family history of GBS, strong product pipeline, and increasing financial support to researchers for developing new innovative drugs for treatment of GBS are likely to drive the GBS market during the forecast period. In addition, increase in special designation from the regulatory authorities to offer a treatment to the patients as quickly as possible is enhancing the market. The growing geriatric population is also likely to be a major driver for the US Guillain-Barré syndrome market over the forecast period. Immune system disorders are often seen more commonly in the elderly than in younger demographics.