Fetal valproate syndrome may be developed in the babies if the mother or the baby is exposed to valproic acid during the early stages of pregnancy. Valproic acid is used in the treatment of epilepsy, bipolar disorder, and migraines. Pregnant women who consume valproic acid are at risk of developing fetal valproate syndrome, wherein the baby may have one or more birth defects such as genital abnormalities. This syndrome develops when the mother takes more than 800 mg/day of valproic acid from the first to the third month of pregnancy.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that first emerged in late December in Hubei province of the Wuhan city in China in late December. The virus that causes, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is highly infectious and is transmitted from person to person. Since the outbreak in December 2019, the disease has spread to almost 213 countries across the globe with the World Health Organization declaring it a pandemic on March 11, 2020.
Pharmaceutical and biotech companies along with the governments around the globe are working to address the COVID-19 outbreak, from supporting the vaccines development to medicine supply chain planning. Approximately, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a significant increase in demand for the treatment of COVID-19. Such increased demand for these drugs has presented huge opportunities for manufacturers of COVID-19 treatment drugs, as many developed countries are experiencing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness a significant growth in the future due to the demand for vaccine and the treatment drugs for COVID-19. This is expected to have a significant impact on the fetal valproate syndrome market.
Top Impacting Factors
- Increase in cases of fetal valproate syndrome, rise in prevalence of teratogenic disorders, surge in demand for fetal valproate syndrome treatment procedure, and rise in awareness about fetal valproate syndrome drive the growth of the fetal valproate syndrome market.
- Furthermore, surge in improvements of healthcare facilities, rapid technological advancements to improve quality of diagnosis, tests, and treatments, increase in demand for surgery related fetal valproate syndrome, surge in health care expenses, and strategic developments by key market players contribute toward the growth of the fetal valproate syndrome market.
- However, high cost of treatment and surgery and lack of a specific diagnostic test of fetal valproate syndrome limit the market growth.
- Ongoing research activities and improvements in health care facilities to cure disease are expected to provide lucrative opportunities for the expansion of the market.
Market Trend
New Product Launches to Flourish the Market
Alkermes announced FDA approval to launch LYBALVI with Olanzapine and Samidorphan in 2021. LYBALVI is can be used to treat bipolar disorder.
GSK consumer Healthcare partnered with Smile Train to launch Smile Change Lives in 2021. This will help in the treatment and surgery of infants born with cleft lip & palate caused due to any disorders such as fetal valproate syndrome.
Key Benefits of the Report
- This study presents the analytical depiction of fetal valproate syndrome market 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 market share.
- The current market is quantitatively analyzed to highlight the growth scenario of the fetal valproate syndrome market.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and the competition that will take shape in coming years.
Questions Answered in the Fetal Valproate Syndrome Market Report
- Who are the leading players active in the fetal valproate syndrome market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the future projections that would help in taking further strategic steps?
- What is "fetal valproate syndrome"?
- What is the prediction of the "fetal valproate syndrome" market in the future?
- Who are the leading global players in the "fetal valproate syndrome" market?
- What are the current and predicted trends?
- What are the key benefits of the "fetal valproate syndrome" market report?
Fetal Valproate Syndrome Market Report Highlights
| Aspects | Details |
 By Symptom |
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 By Gender |
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 By Treatment |
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 By Region |
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 Key Market Players | Anjan Drug Pvt. Ltd., Healthy Life Pharma Private Limited, Aspire Pharma Limited, Desitin Pharma Ltd, SALVAVIDAS PHARMACEUTICAL PVT. LTD., Wellona Pharma, REWINE PHARMACEUTICAL, Taj Pharmaceuticals Limited, Sun Pharmaceutical Industries Ltd, Sanofi |
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