How is the Lewy Body Dementia Treatment Market Poised for Growth: Trends and Opportunities Through 2034
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What fueled the previous growth in the lewy body dementia treatment market?
The market size for treatments of lewy body dementia has seen significant growth in recent years, expanding from $4.43 billion in 2024 to an anticipated $4.71 billion in 2025, marking a compound annual growth rate (CAGR) of 6.1%. The growth observed during the historical period is a result of factors such as support care and family education, regulatory approvals and guidelines, multi-faceted treatment approaches, and interventions targeting behavioral and psychosocial aspects.
What will be the lewy body dementia treatment market size in the future?
The market size for the treatment of Lewy body dementia is anticipated to experience robust growth in the coming years. The market is predicted to escalate to $6.17 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.0%. This projected growth over the estimation period can be attributed to progress in neurology, targeted research efforts, precision medication and biomarkers, and the growth of collaborative healthcare models and telemedicine. Key trends anticipated during this forecast period encompass support for families and caregivers, integrated care frameworks, tailored treatment strategies, non-drug interventions, and the emergence of digital health solutions.
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What main drivers are fueling expansion in the lewy body dementia treatment market?
The increasing incidence of brain-related illnesses predicted to boost the lewy body dementia treatment market’s expansion. These brain disorders are any malfunctions that affect the brain’s functionality. The severity of this impairment can range from mild to moderate to serious, contingent upon the degree of the brain damage. Treatment for Lewy body dementia is utilized to tackle brain disorders such as hallucinations, perplexity, and sleepiness by raising brain chemicals to heighten awareness and cognition. For example, a report shared by American Heart Association Inc., a non-profit voluntary organization based in the US, in January 2022, predicted brain disorders to escalate to 9.3 million in the US by 2060, highlighting the increasing trend in the US. Globally, one in six individuals suffer from a brain-related disease. Presently, by 2021, a billion people worldwide are projected to be affected by brain disorders. As a consequence, the growing frequency of brain-related disorders is fueling the expansion of the lewy body dementia treatment market.
What key areas define the segmentation of the global lewy body dementia treatment market?
The lewy body dementia treatment market covered in this report is segmented –
1) By Drug Type: Antidepressants, Antipsychotic Drugs, Benzodiazepine, Carbidopa-Levodopa, Cholinesterase inhibitors, Modafinil
2) By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies, Other Distribution Channels
3) By Application: Alzheimer’s disease, Dementia, Parkinson’s disease
Subsegments:
1) By Antidepressants: Selective Serotonin Reuptake Inhibitors (SSRIs), Tricyclic Antidepressants
2) By Antipsychotic Drugs, Atypical Antipsychotics: Typical Antipsychotics
3) By Benzodiazepines: Short-acting Benzodiazepines, Long-acting Benzodiazepines
4) By Carbidopa-Levodopa: Immediate-Release Formulations, Extended-Release Formulations
5) By Cholinesterase Inhibitors: Donepezil, Rivastigmine, Galantamine
6) By Modafinil: Standard Formulations, Extended-Release Formulations
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Who are the dominant players expanding their reach in the lewy body dementia treatment market?
Major companies operating in the lewy body dementia treatment market include Mallinckrodt Pharmaceuticals Co., BioArctic AB, Sumitomo Pharma Co. Ltd., Jazz Pharmaceuticals Inc., Allergan plc, Novartis International AG, Pfizer Inc., Bayer AG, Boehringer Ingelheim International GmbH., Merck & Co. Inc., Biogen Inc., Biohaven Pharmaceutical Holding Company Ltd., Bristol Myers Squibb Company, Calliditas Therapeutics AB, Chiesi USA Inc., GlaxoSmithKline plc, Eisai Co. Ltd., Bausch Health Companies Inc., Hisamitsu Pharmaceutical Co. Inc., Lundbeck Inc.
How are evolving market trends shaping lewy body dementia treatment Strategies?
Product innovation is an emerging trend that is becoming increasingly popular in the lewy body dementia treatment market. Major organizations involved in this treatment market are striving to evolve innovative solutions to reinforce their market standing. To illustrate, Biogen Inc., a multinational biotechnology conglomerate based in the US, in January 2023, came up with a new medicine named lecanemab. This humanized monoclonal antibody is utilized in the treatment of Alzheimer’s disease, which is a constituent of Lewy body dementia. The primary distinguishing benefit of lecanemab is its ability to decrease the levels of brain amyloid, thereby treating the brain and enhancing the clearance of amyloid plaques, thought to induce cognitive setback and dementia in Alzheimer’s disease.
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Which regions are emerging as leaders in the lewy body dementia treatment market?
North America was the largest region in the Lewy body dementia treatment market in 2024. The regions covered in the lewy body dementia treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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