15 Developed Countries with Lowest Autism Rates

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In this article, we will discuss 15 developed countries with lowest autism rates. If you want to skip our discussion on the autism industry, you can go directly to the 5 Developed Countries with Lowest Autism Rates.

According to Fortune Business Insights, the autism spectrum disorder market was assessed at $1.93 billion in 2022. The autism therapeutics market is expected to grow significantly to reach a value of $3.42 billion by 2030, reflecting a CAGR of 7.9% during the forecast period of 2022-2030. The expansion expected in the forecast period can largely be attributed to the increased awareness and understanding of autism spectrum disorder (ASD). Autism is a complex developmental disorder that is characterized by challenges in behavior, social interaction, and communication. It is crucial to provide therapy and, in certain instances, medication to enhance the overall quality of life for individuals affected by autism. The onset of the COVID-19 pandemic initially led to the closure of autism centers, and this disruption of autism therapy services led to increased anxiety among autistic patients and caregivers. However, the impact of COVID-19 prompted caregivers to explore and embrace telehealth services as a viable alternative, particularly in countries with highest rates of autism.

This shift to online healthcare led to an upsurge in the demand for autism therapy and prescription medications, including antipsychotics and sleep aids. Consequently, companies operating in the ASD treatment market experienced substantial growth in their sales. For instance, Otsuka Pharmaceutical Co., Ltd. reported an impressive 14% increase in sales during the fiscal year 2019. Furthermore, the expansion of the autism spectrum disorder market can be attributed to several key factors, including advancements in biotechnology, higher healthcare spending, increased access to healthcare services, and a surge in government initiatives. Reports indicate that the healthcare expenditure in the US in 2020 increased by 9.7% to $4.1 trillion.

Key Players in the Autism Industry

A prominent player in the Autism therapeutics market is Regencell Bioscience Holdings Limited (NASDAQ:RGC). The company specializes in the research, development, and sale of traditional Chinese medicines. Their focus lies in creating treatments specifically tailored for individuals on the autism spectrum, addressing a range of mild to severe symptoms. Regencell Bioscience Holdings Limited (NASDAQ:RGC) has shown a steady growth trajectory, with its stock value appreciating by an impressive 52.38% over the past five years.