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Amyotrophic Lateral Sclerosis Treatment Market to 16.10% Negative CAGR to 2018 Says a New Report Available at ReportsnReports.com
Date:7/16/2014

Dallas, TX (PRWEB) July 16, 2014

The amyotrophic lateral sclerosis (ALS) treatment market value will decline from $64 million in 2013 to $38 million by 2018, at a negative Compound Annual Growth Rate (CAGR) of 10.05%, according to research and consulting firm. The company’s latest report “OpportunityAnalyzer: Amyotrophic Lateral Sclerosis (ALS) - Opportunity Analysis and Forecasts to 2018” states that the largest factor in this decline, which will occur over seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan), will be the patent expiration of Rilutek (riluzole), the only approved therapy for ALS.

As a consequence, Researcher forecasts that the ALS treatment market in the US is set to suffer a substantial reduction in sales over the forecast period, from $38 million in 2013 to $16 million by 2020, at a negative CAGR of 16.10%. The effect of Rilutek’s patent expiration will be exacerbated by the lack of alternative treatments in the ALS pipeline. Additionally, the recent failure of several previously promising Phase III pipeline compounds has restricted the growth of an interest in the amyotrophic lateral sclerosis therapeutics market.

Complete Report Available at http://www.reportsnreports.com/reports/291222-opportunityanalyzer-amyotrophic-lateral-sclerosis-als-opportunity-analysis-and-forecasts-to-2018.html.

The analyst believes that there is a drastic need for new therapies that can alleviate the symptoms of the disease and stop or r
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