Alzheimer’s disease is
a neurological disorder of the brain which is progressive and ultimately leads
to loss of neurons. This condition leads to loss of memory and reasoning
abilities. Currently, there is no treatment for Alzheimer’s, although there are
certain ways of slowing down its progression. Physicians generally prescribe
neurotransmitters like cholinesterase inhibitors, memantine, etc. to slow down
the advancement of disease and improve some symptoms such as insomnia,
depression, anxiety and agitation.
The global Alzheimer’s
drugs market is expected to show a sluggish growth in coming years due to lack
of significant facilities for disease diagnosis and treatment. North America
held the majority of market share covering more than half of the market.
However, this market has immense growth opportunities in the emerging economies
of Asia-Pacific such as India, China, Russia and Australia due to prevalence of
unmet medical needs.
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The increase in aging
population serves as a major driver of Alzheimer’s drugs and treatment market.
Unmet medical needs had led to the focus on the area of research and
development which ultimately results in new product introduction and hence
contributes to the market growth.
Early diagnosis of
Alzheimer’s disease is not possible and there is a strong need of early detection
techniques. Expiry of several patents could pose a serious threat in the growth
of this market. Some of the major players in the Alzheimer’s drugs market
include companies such as Forest Laboratories, Inc., Eisai Co., Ltd., H.
Lundbeck A/S., Novartis AG, Pfizer Incorporation and others.
This research report
analyzes this market depending on its market segments, major geographies, and
current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
- It helps in understanding the key
product segments and their future
- It provides pin point analysis of
changing competition dynamics and keeps you ahead of competitors
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