The Autism Spectrum Disorders (ASD) Market Is Projected To Reach $4.53 Billion By 2026

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PALM BEACH, Fla., May 12, 2021 /PRNewswire/ -- Autism spectrum disorder (ASD) represents a group of neurodevelopmental disorders or disabilities; it is a heritable and a polygenic disorder. Autism spectrum disorder is lifelong and typically emerges during early childhood. Children show ASD-related symptoms as early as 12 months of age, and symptoms can change over time. The term "spectrum" is often associated with autism disorder as the disorder shows a wide variation in the type and severity of symptoms. Also, the combinations of several genetic variations contribute to the various forms of ASD. The origins of ASD are not fully understood. However, common and rare inherited genetic variations along with non-inherited traits contribute to the development of ASD. According to DSM-5, patients with ASD face difficulties in social interaction, communication, activities, and nonverbal interactions; and show repetitive patterns of behaviors. ASD patients show high dependency on their routines, high sensitivity to their environment changes, or intense focus on inappropriate items presented before them. Although the disorder remains for lifelong, early intervention results in symptoms improvement over a period of time. Early diagnosis ensures early intervention during the important developmental period. Active healthcare stocks in the markets this week include Global WholeHealth Partners Corp (OTCPK: GWHP), Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS), Synlogic, Inc. (NASDAQ: SYBX), MannKind Corporation (NASDAQ: MNKD), Asensus Surgical Inc. (NYSE: ASXC).

A report from Verified Market Research said that Autism Spectrum Disorders Market is projected to reach USD 4.53 Billion by 2026, growing at a CAGR of 4.27 % through 2026. "Also, the growing awareness of autism spectrum disorder (ASD) has encouraged early detection and diagnosis, therefore, allowing access to services to more children as early as possible. The rising number of awareness campaigns through various government initiatives across the globe has ensured the children suffering from ASD to have early access to evidence-based therapies. The growing awareness among the people through programs and initiatives is driving the global market. The increasing government funding and sponsored awareness programs, healthcare events for autism, followed by the innovation of new products, an increase in the number of autism patients, and growing research & development activities are boosting the global market."