According to a new report published by Allied Market Research, titled, โEpidermal Nevus Syndrome Market – Global Opportunity Analysis and Industry Forecast, 2022-2029” Epidermal nevus syndromes (ENSs) are a group of rare complex disorders characterized by the presence of skin lesions known as epidermal nevi associated with additional extra-cutaneous abnormalities, most often affecting the brain, eye and skeletal systems. Epidermal nevi are overgrowths of structures and tissue of the epidermis, the outermost layer of the skin.
Different types of epidermal nevi can vary in size, number, location, distribution, and appearance. Neurological abnormalities that can be associated with ENSs can include seizures, cognitive impairment, developmental delays, and paralysis of one side of the body (hemiparesis). Skeletal abnormalities can include abnormal curvature of the spine, malformation of the hip and abnormalities of the arms and legs (e.g., underdevelopment or absence or overgrowth of limbs).
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The major factor affecting the market include increase in research and development activities to introduce treatment and diagnostic methods to gain higher revenue during the forecast period. This allows the companies to create cost-effective methods and treatment options. Surge in the number of product launches, which meet the demand posed by the market is anticipated to boost the market in the coming years. Increase in the prevalence of epidermal nevus syndrome associated cases would help the market propel in the next few years. However, lesser medical trained staffs may hamper the growth of the market.
Increase in the number of mergers and acquisitions is anticipated to boost the market growth in the coming years. For instance, in November 2020, LEO Pharma signed a research collaboration deal with PellePharm that commits up to $760 million for late-stage trials and includes an option for LEO to acquire the small rare disease company outright at some point in the future.
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COVID-19 Scenario Analysis:
Pharmaceutical and biotechnological companies together with governments around the globe are working to combat the COVID-19 outbreak, from supporting the development of vaccines to scheduling medicines supply chain challenges. Around 115 vaccine candidates and other 155 molecules are in the R&D pipeline. Furthermore, the commonly used drugs, such as hydroxychloroquine, have observed huge boost in demand for the management of COVID-19. In addition, increase has been experienced in the demand for COVID-19 management drugs, which is expected to offer potential opportunity for manufacturers of drugs, as many developed countries are short of these drugs. Owing to the growing demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is anticipated to witness a substantial growth in the next few years.
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- This study presents the analytical depiction of the global epidermal nevus syndrome industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global epidermal nevus syndrome market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global epidermal nevus syndrome market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the epidermal nevus syndromemarket.
- The report provides a detailed global epidermal nevus syndrome market analysis based on competitive intensity and how the competition will take shape in coming years.
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Comprehensive competitive analysis and profiles of major market players such Hologic Inc., Koninklijke Philips N.V., Siemens Healthineers AG, GE Healthcare, Fosun Pharmaceutical (Group) Co., LUTRONIC, STRATA Skin Sciences, Syneron Medical Ltd., Solta Medical, and Lynton Lasers Ltd.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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