Friedreich's Ataxia Market Outlook, Trends And Future Opportunities (2024-2031)

Friedreich’s Ataxia Market Expected to Achieve US $1.9 Bn by 2031 | CAGR 5.8%

  • Date: 27 Mar, 2024
  • Author(s): Sagar Karlekar

Global Friedreich’s Ataxia Market is expected to reach US$ 1.9 Bn in 2031 with a growth rate of 5.8%. Friedreich's ataxia is a rare, inherited neurodegenerative disorder caused by a defect in the FXN gene. The condition leads to loss of muscle coordination, sensory loss, and impaired speech and mobility. There are currently no treatments approved that can alter disease progression. The Friedreich’s ataxia market consists of companies developing novel gene therapies, molecular treatments, symptom relieving drugs, and diagnostics for this debilitating condition.

The market is poised for robust growth owing to increasing research into advanced genetics-based treatments like gene therapy and gene editing approaches that aim to address the root genetic cause of the disease. Multiple gene therapy candidates such as those being developed by Pfizer/Sangamo Therapeutics, PTC Therapeutics, and Voyager Therapeutics are showing promise in early clinical testing. If approved, these innovative therapies have the potential to transform the standard of care. Greater understanding of disease genetics and molecular pathology is also enabling targeted therapeutic approaches.

Additionally, improved patient identification through wider access to genetic screening and testing is expanding the eligible patient pool and opportunities for treatment. Initiatives to include Friedreich’s ataxia in newborn screening programs can significantly boost early diagnosis and access to therapies. Further growth drivers include dedicated funding from advocacy organizations and favorable regulatory incentives for rare disease drug development.

Key companies actively shaping the Friedreich’s ataxia market through pioneering R&D include Reata Pharmaceuticals, Pfizer, PTC Therapeutics, Retrotope, and Voyager Therapeutics. Strategic partnerships are also accelerating progress, such as Pfizer’s collaboration with gene therapy specialist Sangamo Therapeutics to leverage complementary capabilities in advancing gene therapy clinical candidates. Overall, with breakthrough innovative treatment approaches on the horizon, the Friedreich’s ataxia market outlook remains highly promising.


  1. Increasing research and development for novel gene and molecular therapies targeting the genetic basis of Friedreich's ataxia (Over 20 gene therapy trials underway).
  2. Advances in genetic testing and newborn screening improving patient identification and access to treatments (Blood-based assays enabling large-scale screening).


  1. Partnerships between pharmaceutical and biotech companies to combine complementary expertise in developing new Friedreich's ataxia therapies.
  2. Growth in patient registries providing critical real-world data to inform therapy development and clinical trials.


Expanded newborn screening for Friedreich’s ataxia to enable early diagnosis and treatment initiation for better outcomes.

Key Report Insights:

  • North America accounted for the largest share of over 40% of the Friedreich's ataxia market in 2021, driven by high prevalence in the U.S., presence of leading companies like Reata Pharmaceuticals, and faster approval of new gene therapies.
  • Europe accounted for the second largest share of the market, with over 30% market share in 2021. Key pharmaceutical companies with a strong regional presence include Santhera Pharmaceuticals, Apopharma, and Ember Therapeutics. Supportive orphan drug incentives also boost Europe's market position.
  • Leading companies operating in the global Friedreich's ataxia market include Pfizer, Reata Pharmaceuticals, PTC Therapeutics, Santhera Pharmaceuticals, Voyager Therapeutics, and Agilis Biotherapeutics. These companies are at the forefront of development of novel gene therapies, molecular treatments, and diagnostics.

Market Segmentation:

  • By Treatment Type
    • Gene Therapy
    • Symptomatic Treatment
    • Antioxidants
    • Others
  • By Route of Administration
    • Oral
    • Injectable
    • Others
  • By Distribution Channel
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
    • By End-User
    • Hospitals
    • Clinics
    • Research Institutes
    • Others
  • By Regions
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa


“The Friedreich’s ataxia market refers to the pharmaceutical market centered around developing treatments and potential cures for Friedreich's ataxia, an inherited neurodegenerative disorder caused by a defect in the FXN gene. The market consists of companies developing drug therapies, gene therapies, molecular treatments, and diagnostics aimed at slowing or halting disease progression and improving symptoms and quality of life for Friedreich's ataxia patients. Key drivers include research into advanced genetics-based therapies, improved diagnostics and patient identification, regulatory incentives, and increased understanding of the disease.

Why iDataAcumen

Actionable Insights

Access to robust insights derived from our rich internal databases and external sources

Deep Industry Acumen

Our industry experts have a keen understanding of macro and micro economic trends

Research Customization

On-demand generation of research and insights tailored to your needs

Vast Industry Coverage

We provide market intelligence services across multiple healthcare domains