Alzheimer’s Therapeutics Market – Demand Analysis, Growth Factors and Competitive Environment Outlook 2023-2029
Alzheimer’s Therapeutics Market Overview
The examination of the Alzheimer’s Therapeutics Market, as assessed by Maximize Market Research, encompasses an in-depth study of regional dynamics and the competitive panorama. Anticipated over the projected timeframe, Maximize Market Research foresees a substantial market upswing , progressing from a value of USD 5.36 Bn. in 2022 to reach USD 18.46 Bn. by 2029, achieving a commendable Compound Annual Growth Rate (CAGR) of 19.3%.
Alzheimer's disease (AD) is a neurological ailment that affects the brain's neurons and causes memory loss, difficulty thinking and speaking, and aberrant behavior. Even though the number of people with Alzheimer's disease is rising quickly, just one in every four of these people receives a diagnosis. The growth of the Alzheimer's Therapeutics Market is anticipated to be fueled by the rising incidence of the disease as well as the approval of medications that treat the condition.
Over 6.2 million Americans 65 and older received an Alzheimer's disease diagnosis in 2021, and the figure is projected to increase to about 13.8 million by 2060, according to the NCBI. Due to their greater life expectancy, women are more likely than men to be diagnosed with Alzheimer's disease. Moreover, Alzheimer's Disease is quickly replacing illness as both the main contributor to physical conditions that require urgent medical attention and the leading cause of mortality in neurodegenerative diseases.
Alzheimer’s Therapeutics Market Scope and Methodology
The report employs a bottom-up approach for Alzheimer’s Therapeutics Market estimation. Data is collected through primary and secondary databases, with both qualitative and quantitative analysis. Primary data is obtained through surveys, questionnaires, and telephonic interviews with Alzheimer’s Therapeutics market leaders and business owners. Secondary data is gathered from annual reports, industry journals, government organizations' websites, and white papers. SWOT analysis helps organizations gain a comprehensive understanding of factors that impact business decisions in the market, while PESTLE analysis provides insights into growth targets and risks affecting market productivity. Overall, the report serves as a valuable guide for investors, stakeholders, and market followers, assisting them in making informed decisions within the Alzheimer’s Therapeutics Market.
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Alzheimer’s Therapeutics Market Regional Insights
The report provides a comprehensive analysis of various factors, including market size, growth rate, and import-export activities, across different regions. Regional analysis is conducted to assess the status of the Alzheimer’s Therapeutics market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Alzheimer’s Therapeutics market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
Alzheimer’s Therapeutics Market Segmentation
According to Therapeutics, the Cholinesterase Inhibitors market segment dominated the Alzheimer's Therapeutics market in 2021 with a market share of over 68%. At the end of the forecast period, the category is anticipated to continue to dominate with a CAGR of roughly 19.2%.
Acetylcholinesterase inhibitors, also referred to as cholinesterase inhibitors, are a class of drugs that stop the body from naturally breaking down the neurotransmitter acetylcholine. The cholinesterase enzyme, which is in charge of breaking down cholinergic neurotransmitters in the body, is suppressed by cholinesterase inhibitors. Since cholinesterase inhibitors have been demonstrated to only slightly reduce the loss of brain function in people with mild to severe Alzheimer's disease, they are frequently advised to treat symptoms related to memory, thinking, language, judgment, and other mental processes.
by Therapeutics
1.Cholinesterase Inhibitors
2.NMDA Receptor Antagonist
3.Combination Drug
4.Pipeline Drugs
by Diagnostics
1.Brain Imaging
2.CFS Test for Alzheimer's Disease
by End-user
1.Hospital Pharmacy
2.Retail Pharmacy
3.E-commerce
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Alzheimer’s Therapeutics Market Key Players
1. Bristol-Myers Squibb (United States)
2.Lannett Inc. (Unites States)
3. Corium Inc. (United States)
4. Adamas Pharmaceuticals Inc. (United States)
5. AbbVie Inc. (United States)
6. Biogen Inc. (United States)
7. Johnson & Johnson (United States)
10. Eli Lilly and Company (United States)
11. AstraZeneca PLC (United Kingdom)
12. TauRx Pharmaceuticals Ltd. (United Kingdom)
13. Siemens Healthineers (Germany)
14. Merz Pharma (Germany)
15. Hoffmann-La Roche (Switzerland)
16.Novartis AG (Switzerland)
17. AC Immune (Switzerland)
18. H. Lundbeck A/S (Denmark)
19. Daiichi Sankyo Company, Limited (Japan)
20. Eisai Co. Ltd. (Japan)
21.Zydus Cadila (India)
22. Lupin Limited (india)
23. Aurobindo Pharma Ltd. (India)
24. Cipla Ltd. (India)
25. Torrent pharmaceuticals ltd. (India)
26.Unichem laboratories ltd. (India)
27.Teva Pharmaceutical Industries Ltd. (Israel)
Key questions answered in the Alzheimer’s Therapeutics Market are:
- What is Alzheimer’s Therapeutics?
- What was the Alzheimer’s Therapeutics market size in 2022?
- What are the different segments of the Alzheimer’s Therapeutics Market?
- What growth strategies are the players considering to increase their presence in Alzheimer’s Therapeutics?
- What are the upcoming industry applications and trends for the Alzheimer’s Therapeutics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Alzheimer’s Therapeutics Market?
- What major challenges could the Alzheimer’s Therapeutics Market face in the future?
- What segments are covered in the Alzheimer’s Therapeutics Market?
- Who are the leading companies and what are their portfolios in Alzheimer’s Therapeutics Market?
- What segments are covered in the Alzheimer’s Therapeutics Market?
- Who are the key players in the Alzheimer’s Therapeutics market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2022)
- Past Pricing and price curve by region (2017 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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