Product Code: ETC6185757 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Myasthenia Gravis (MG) is a neuromuscular disorder that causes weakness in the skeletal muscles. The MG market in Australia is driven by the growing recognition of the disease and advancements in diagnostic tools, as well as the development of specialized treatments. MG, often presenting in adults and sometimes in children, is primarily treated through immunosuppressive therapies, acetylcholinesterase inhibitors, and surgical interventions such as thymectomy. The demand for innovative and more effective treatments, particularly biologics and other disease-modifying drugs, continues to rise. Additionally, the increasing awareness of MG and the expanding patient pool contribute to the markets growth.
The Myasthenia Gravis market in Australia is driven by advancements in diagnostic tools and a better understanding of autoimmune diseases. Myasthenia Gravis, a chronic condition that causes weakness in the skeletal muscles, is being managed more effectively with a range of emerging biologic therapies. The trend in this market is toward the development of more targeted therapies, such as monoclonal antibodies, which aim to specifically address the underlying autoimmune response. Moreover, improvements in patient care and monitoring technologies are helping to better manage symptoms and reduce hospitalizations.
The Australia Myasthenia Gravis Market is faced with significant challenges in terms of treatment accessibility and the high cost of advanced therapeutics. Although there have been significant strides in the development of drugs for myasthenia gravis (MG), there remains a gap in affordable treatment options for a wide population. Additionally, the complexity of the disease, which affects both the neuromuscular junction and the immune system, complicates treatment strategies, requiring a multi-disciplinary approach. Limited awareness and understanding of the disease among healthcare providers also pose obstacles to early diagnosis and proper care.
Australia myasthenia gravis market is seeing increased attention due to a combination of improved diagnostic capabilities and a rising incidence of autoimmune diseases. Investment prospects are promising in biologics and immunosuppressants, especially as regulatory frameworks ease access to orphan drugs. Investors can also tap into research partnerships with academic institutions focusing on neuroimmunology and precision medicine in the country.
Australia classifies myasthenia gravis (MG) as a rare disease, making it eligible for specific support under the Rare Disease Framework. This includes incentives for research, early diagnosis initiatives, and subsidized treatment pathways. Through the Pharmaceutical Benefits Scheme (PBS), several MG medications are subsidized, improving accessibility. The government also supports clinical trials through grants and collaborations under the Medical Research Future Fund (MRFF), encouraging advancements in treatment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Myasthenia Gravis Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Myasthenia Gravis Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Myasthenia Gravis Market - Industry Life Cycle |
3.4 Australia Myasthenia Gravis Market - Porter's Five Forces |
3.5 Australia Myasthenia Gravis Market Revenues & Volume Share, By Treatment Type, 2021 & 2031F |
4 Australia Myasthenia Gravis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Myasthenia Gravis Market Trends |
6 Australia Myasthenia Gravis Market, By Types |
6.1 Australia Myasthenia Gravis Market, By Treatment Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Myasthenia Gravis Market Revenues & Volume, By Treatment Type, 2021- 2031F |
6.1.3 Australia Myasthenia Gravis Market Revenues & Volume, By Drug Treatment, 2021- 2031F |
6.1.4 Australia Myasthenia Gravis Market Revenues & Volume, By Cholinestrase Inhibitors, 2021- 2031F |
6.1.5 Australia Myasthenia Gravis Market Revenues & Volume, By Chronic Immunomodulators, 2021- 2031F |
6.1.6 Australia Myasthenia Gravis Market Revenues & Volume, By Monoclonal Antibodies, 2021- 2031F |
6.1.7 Australia Myasthenia Gravis Market Revenues & Volume, By Rapid Immunotherapies, 2021- 2031F |
6.1.8 Australia Myasthenia Gravis Market Revenues & Volume, By Plasmapheresis, 2021- 2031F |
6.1.9 Australia Myasthenia Gravis Market Revenues & Volume, By Thymectomy, 2021- 2031F |
6.1.10 Australia Myasthenia Gravis Market Revenues & Volume, By Thymectomy, 2021- 2031F |
7 Australia Myasthenia Gravis Market Import-Export Trade Statistics |
7.1 Australia Myasthenia Gravis Market Export to Major Countries |
7.2 Australia Myasthenia Gravis Market Imports from Major Countries |
8 Australia Myasthenia Gravis Market Key Performance Indicators |
9 Australia Myasthenia Gravis Market - Opportunity Assessment |
9.1 Australia Myasthenia Gravis Market Opportunity Assessment, By Treatment Type, 2021 & 2031F |
10 Australia Myasthenia Gravis Market - Competitive Landscape |
10.1 Australia Myasthenia Gravis Market Revenue Share, By Companies, 2024 |
10.2 Australia Myasthenia Gravis Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |