Global Alzheimer’s therapeutics market is expected to reach USD 8.19 Billion by 2026, at a CAGR of 8.20% from 2019 to 2026. Growing incidence of the Alzheimer’s and worldwide increase in the geriatric population are driving the global Alzheimer’s therapeutics market.
Alzheimers disease is a neurodegenerative disorder that mostly occurs with old age and is one of the leading cause of dementia. Dementia exerts itself in the form of memory loss and other cognitive abilities serious enough to interfere the daily life. Alzheimer's worsens over the time. Alzheimer's is a dynamic illness, where dementia side effects progressively compound over number of years. In its early stages, memory loss is mild, but with late-stage Alzheimer's, individuals lose the ability to carry on a conversation and respond to their environment. Even though Alzheimer's treatments cannot stop Alzheimer's from progressing, but they can temporarily slow the worsening of dementia symptoms and improve quality of life for those suffering from Alzheimer’s. People over 65 years of age are most prone Alzheimer’s disease. Thus, growing research and development activities for finding the new curative therapies and rising prevalence of the Alzheimer’s especially in the North America and Europe are expected to propel the market growth over the forecast period.
Global Alzheimer’s Therapeutics Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
The global Alzheimer’s therapeutics market has been segmented on the basis of drug type, and distribution channel.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The North America region emerged as the largest market for the Alzheimer’s therapeutics with a 42.81% share of market revenue in 2018.
Global Alzheimer’s Therapeutics Market Competitive Analysis:
Key players in the global Alzheimer’s therapeutics market are Pfizer, Inc., Merck & Co. Inc., Novartis AG, Eisai Co. Ltd., H. Lundbeck A/S, AC Immune, TauRx Pharmaceuticals Ltd., Actavis plc., Forest Laboratories, Teva Pharmaceuticals Industries Ltd., Janssen Pharmaceutical, GE healthcare, Eli Lilly and Company, DiaGenic ASA, VTV Therapeutics, Hoffman-La Roche Ltd., AstraZeneca, and Daiichi Sankyo Company Ltd., among others. In order to enhance market position, the key players are now focusing on new product development, collaborations, and mergers & acquisition. For instance in 2016, AC Immune announced its collaboration with Biogen for the development of protein ligands so as to target the proteins that are involved in the pathogenesis of neurological disorders.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Market Research has segmented the global Alzheimer’s therapeutics market on the basis of below mentioned segments:
Global Alzheimer’s Therapeutics Market by Drug Type:
Global Alzheimer’s Therapeutics Market by Distribution Channel:
Global Alzheimer’s Therapeutics Market by Region:
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