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The global Huntington’s disease treatment market size was valued at USD 1.14 billion in 2023. The market is projected to grow from USD 1.26 billion in 2024 to USD 3.06 billion by 2032, exhibiting a CAGR of 11.7% during the forecast period.
Huntington’s Disease (HD) is a rare genetic disorder where the nerve cells in the brain begin to deteriorate over time. While there is no cure for HD, its symptoms can be managed. These symptoms impact both mental and physical health, with mental changes including apathy, depression, irritability, anxiety, Obsessive-Compulsive Disorder (OCD), and, in some cases, psychosis. Physical symptoms include jerky movements known as chorea, which worsen with time but can be treated with approved Huntington's disease treatment drugs such as tetrabenazine, deutetrabenazine, and valbenazine. These drugs are currently the only ones approved across the globe for managing chorea in HD patients.
HD is more common in North America and Europe, presenting opportunities for companies to introduce new medications in the future. Research institutes and government organizations are offering grants and support to accelerate the development of potential treatments for HD.
The COVID-19 pandemic negatively impacted the Huntington’s disease therapeutics market. The negative impact was attributed to the decline in patients’ visits to the hospital and imposition of restrictions over non-essential healthcare services. The rare disease such as Huntington’s disease was considered as non-essential. In addition, the decline in the sales and product revenue of the key products in the market was observed during the pandemic. The decline was attributed to the disruption in the supply chain, decreased demand, and lack of promotional activities for the same.
However, the market got back to the pre-pandemic level with the ease of COVID-19 guidelines and increased patient visits for diagnosis and treatment of the disease. Furthermore, in 2023, the market stabilized due to increasing government initiatives and research activities by key players to launch a new treatment approach for the disease, which is expected to boost the growth of the market during the forecast period.
Emergence of New Therapies for Huntington’s Disease (HD) Treatment and Management is a Prominent Trend
One of the prevailing trends witnessed in the global market is the rising number of new therapy options for controlling neurodegenerative diseases. The options include Antisense Oligonucleotide (ASO) Therapies, RNA Interference (RNAi) Therapies, RNA Targeting Small Molecule Therapies, Zinc-Finger Protein (ZFP) Therapies, Transcription Activator-like Effector Nuclease (TALEN) Therapies, and others.
The market is witnessing increasing research initiatives by key and emerging players to conduct clinical studies with the potential therapeutics options for introducing new drugs in the market.
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Increasing Number of Cases of the Disease to Boost Market Expansion
The increasing prevalence of this condition in different parts of the world, particularly in the U.S. and major European countries, is a significant factor behind market expansion. This disease is a genetic neurodegenerative disorder with no known cure, but its symptoms can be controlled. Characterized by involuntary twitching movements known as chorea that progressively worsen over time, it primarily affects facial and limb muscles.
The increase in the prevalence of the disease in emerging countries such as India, China, and Africa is expected to drive the demand for more effective therapeutic measures to control and manage associated symptoms. These factors are slated to propel the global Huntington’s disease treatment market growth during 2024-2032.
Rising Government Initiatives to Spread Awareness for Huntington’s Disease Treatment to Boost Market Growth
Governments around the world are implementing new programs, campaigns, and support systems to raise awareness and educate individuals about this condition, ultimately leading to more people being diagnosed and creating a higher demand for advanced treatment options.
Moreover, the increasing government awareness programs to educate the people about the disease and the treatment options available to propel market growth.
Increasing Adverse Events Associated with the Drug May Hamper Market Expansion
One of the key factors impeding market growth is the side effects of long-term drug consumption. Stringent regulations hinder the widespread introduction of new drugs, and in some cases, adverse reactions associated with medications can lead to limited adoption.
Similarly, Valbenazine (Ingrezza) has been linked to common treatment-emergent adverse events such as drowsiness, sedation, and rash, with a black box warning for the risk of depression and suicidal ideation. Such risks of adverse reactions may decline the adoption of the drug amongst patients, thus hampering the growth of the market.
Higher Adoption of the Tetrabenazine Propelled the Growth of the Segment in the Market
Based on drug, the market is divided into tetrabenazine, deutetrabenazine, valbenazine, and others.
The tetrabenazine segment held the lion’s share in the global Huntington’s disease treatment market in 2023. The tetrabenazine is the very first FDA-approved drug for the treatment of Huntington’s disease. The increasing prevalence of the disease across the globe and the rising number of generic versions of tetrabenazine boost the adoption of the drug in the market.
The deutetrabenazine segment held a significant portion of the global Huntington’s disease treatment market share in 2023. The increasing regulatory approval and product launches for deutetrabenazine by key players, coupled with the strong potency of deutetrabenazine over tetrabenazine, propel the growth of the segment.
Furthermore, the valbenazine segment held a considerable share of the market in 2023, owing to increasing regulatory approval and drug product launches by key market players.
The others segment is expected to record a significant CAGR during the forecast period. The limited product offerings for Huntington’s disease treatment increase the demand for the launch of new treatment options for the disease. In addition, increasing clinical studies and research initiatives by the key players to launch new drugs in the market are poised to expand the growth of the segment during the forecast period.
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Insurance Coverage Provided by Hospital Pharmacies to Foster Segment Growth
Based on distribution channel, the market is segmented into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies.
The hospital pharmacies segment held the largest share of the market in 2023 due to the fact that the majority of the medications for treatment can only be prescribed after thorough examinations by trained medical professionals at these institutions. In addition, easy access to specialized medicine and provisions for inpatient treatment, along with insurance coverage, leads to increased growth of this segment in the global Huntington’s disease treatment market.
The drug stores & retail pharmacies segment held the second-largest market share in 2023, owing to the usage of the settings for the procurement of prescription refills. In addition, the presence of a large number of drug stores & retail pharmacies eventually led to the use of the facility for drug procurement and thus impelled the growth of the segment in the market.
The online pharmacies segment is expected to grow at the highest CAGR during the forecast period due to the increased adoption of digital pharmaceutical platforms, making medication procurement more convenient with doorstep delivery. These factors are anticipated to fuel the growth of the global Huntington's disease treatment market collectively.
The global market is divided into regions, including North America, Europe, Asia Pacific, and the rest of the world.
North America Huntingtons Disease Treatment Market Size, 2023 (USD Billion)
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The North American market for Huntington’s disease treatment was valued at USD 0.95 billion in 2023. The region is expected to maintain its market dominance in the foreseeable future, fueled by widespread awareness of the disease among the population and increasing support and collaborations between various public and private organizations to advance the research study for the disease.
Europe held a substantial market share in 2023 due to the rising initiatives by the key players in the market to commercialize the new drug for the treatment of Huntington’s disease in the region.
Asia Pacific held a notable share of the market for Huntington’s disease treatment in 2023 with increasing partnerships of key players with the regional players to provide access to drugs to the patients of the region suffering from Huntington’s disease.
The rest of the world includes Latin America and the Middle East & Africa. It is expected to experience slower growth in comparison to other regions, primarily due to the lower prevalence rate of the condition among the population. This leads to lower adoption rates and slower market growth. However, there is potential for growth in these regions as awareness of available treatments increases and reimbursement policies improve during the forecast period.
Teva Pharmaceutical Industries Ltd Dominates Due to Growing Launches of New Formulations of AUSTEDO
In terms of the competitive landscape, Teva Pharmaceutical Industries Ltd. is a major player in the market, with its drug AUSTEDO (Deutetrabenazine) experiencing steady adoption since its FDA approval in 2017. The increasing launches of the new formulations of AUSTEDO by the company boost its share in the market
Other key players in the market include H. Lundbeck A/S, Bausch Health Companies Inc., Sun Pharmaceutical Industries, Inc., Lupin, Dr. Reddy’s Laboratories Ltd., and Hikma Pharmaceuticals PLC, all of whom are generic manufacturers of tetrabenazine.
With a growing patient population and a lack of approved products in the market, there is increasing interest from other players such as Prilenia Therapeutics, SOM Biotech, uniQure, Annexon Biosciences, and Hoffmann-La Roche to develop new drugs to meet clinical demand. The launch of new products is expected to fuel growth of the global Huntington’s disease therapeutics market.
An Infographic Representation of Huntington's Disease Treatment Market
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The research report offers both qualitative and quantitative analysis of the global market, including a comprehensive examination of market size and growth rates across various segments. In addition, the report includes market dynamics and the competitive landscape, providing key insights such as disease prevalence in different regions, industry advancements, pipeline analysis, economic implications of treatment costs, regulatory and reimbursement scenarios, and the influence of COVID-19 on the market.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 11.7% from 2024 to 2032 |
Unit | Value (USD Billion) |
Segmentation | By Drug
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By Distribution Channel
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By Region
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Fortune Business Insights says that the global market size was USD 1.14 billion in 2023 and is projected to reach USD 3.06 billion by 2032.
In 2023, the North America market stood at USD 0.95 billion.
The market is slated to grow at a CAGR of 11.7% during the forecast period (2024-2032).
By drug, the tetrabenazine segment led the market in 2023.
The growing prevalence of Huntingtons disease and active support from government authorities to increase awareness of its treatment measures drive market growth.
Teva Pharmaceutical Industries Ltd, H. Lundbeck A/S, and Bausch Health Companies Inc. are the leading global market players.
North America is set to dominate during the forecast period.
The growing R&D investments in Huntingtons disease treatment by market players to accelerate the development of pipeline candidates are expected to drive the demand for these drugs.
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