Monday, September 2, 2024

Autism Spectrum Disorder Diagnostics Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope

Autism spectrum disorder (ASD) diagnostics refer to the range of methods and tools used to identify and assess individuals suspected of having autism spectrum disorder. The goal of ASD diagnostics is to accurately identify the presence and severity of ASD symptoms, facilitate early intervention, and guide personalized treatment plans. These assessments are conducted by healthcare professionals specializing in neurodevelopmental disorders and are crucial for providing timely support and services to individuals on the autism spectrum and their families.

Sizing and Forecast
The autism spectrum disorder diagnosis market size has grown strongly in recent years. It will grow from $25.54 billion in 2023 to $27.39 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing ASD awareness and recognition, diagnostic criteria expansion, advancements in diagnostic tools, healthcare system improvements, public health campaigns.

The autism spectrum disorder diagnosis market size is expected to see strong growth in the next few years. It will grow to $36.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to increasing prevalence of autism spectrum disorder, growing awareness and early screening programs, focus on precision medicine and biomarkers, focus on precision medicine and biomarkers. Major trends in the forecast period include ongoing development of innovative technologies, increasing focus on adult diagnosis, increasing demand for point-of-care testing, integration of artificial intelligence (AI) and machine learning, increase in research activities.

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Segmentation & Regional Insights
The autism spectrum disorder diagnostics market covered in this report is segmented –
1) By Type: Autistic Disorder, Asperger Syndrome, Pervasive Development Disorder (PDD), Other Types
2) By Service: Behavioral Approaches, Early Intervention, Medication, Other Services
3) By Distribution Channel: Hospital Pharmacies, Drug Stores And Retail Pharmacies, Online Pharmacies

Asia-Pacific was the largest region in the autism spectrum disorder diagnostics market in 2023. The regions covered in the autism spectrum disorder diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growth in specialized diagnostic centers is expected to propel the growth of the autism spectrum disorders diagnostic market going forward. An autism-specialized diagnostic center is a facility staffed with healthcare professionals, psychologists, and specialists who conduct comprehensive evaluations and assessments to diagnose autism spectrum disorder. The growth in specialized diagnostic centers is due to diagnostic advancements, demand for comprehensive care, professional training, research, and recognition of autism as a public health priority. Specialized diagnostic centers play a pivotal role in improving diagnostic accuracy, facilitating early intervention, and enhancing outcomes for individuals with ASD by providing specialized expertise, advanced diagnostic tools, comprehensive assessments, tailored treatment plans, family support, and opportunities for research collaboration. For instance, according to Autism Speaks, a US-based non-profit autism awareness organization, the number of autism care network sites increased from 20 to 25 between 2021 and 2022 across North America. Therefore, growth in specialized diagnostic centers is driving the growth of the autism spectrum disorders diagnostic market.

Key Industry Players
Major companies operating in the autism spectrum disorder diagnostics market are  F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bristol Myers Squibb Company, Thermo Fisher Scientific Inc., Abbott Laboratories, Novartis AG, Siemens Healthineers, Quest Diagnostics Incorporated, Agilent Technologies Inc., Otsuka Pharmaceutical Co. Ltd., ARUP Laboratories, Invitae Corporation, Ambry Genetics, Cortica Inc., GeneDx, Cognoa Inc., Axial Therapeutics Inc., Curemark, EarliTec Diagnostics Inc., Yamo Pharmaceuticals

The autism spectrum disorder diagnostics market report table of contents includes:
1. Executive Summary

2. Autism Spectrum Disorder Diagnostics Market Characteristics

3. Autism Spectrum Disorder Diagnostics Market Trends And Strategies

4. Autism Spectrum Disorder Diagnostics Market - Macro Economic Scenario

5. Global Autism Spectrum Disorder Diagnostics Market Size and Growth

.

32. Global Autism Spectrum Disorder Diagnostics Market Competitive Benchmarking

33. Global Autism Spectrum Disorder Diagnostics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Autism Spectrum Disorder Diagnostics Market

35. Autism Spectrum Disorder Diagnostics Market Future Outlook and Potential Analysis

36. Appendix


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