Comprehensive Alzheimer’s Disease Treatment Market Analysis, By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest alzheimer’s disease treatment market share, and Middle East was the fastest-growing region in 2022.
The global alzheimer’s disease treatment market is expected to grow from $5.08 billion in 2022 to $5.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The alzheimer’s disease treatment market is expected to grow from $7.37 billion in 2027 at a CAGR of 7.7%.
Major Driver In The Alzheimer’s Disease Treatment Market – Increase In Cases Of Alzheimer’s
The Alzheimer’s Association of the United States predicts that the number of Alzheimer’s patients in the United States will increase by at least 14% by 2025 due to an increase in the senior population. Globally, the number of new cases of Alzheimer’s disease is anticipated to rise by 35% to 615,000 by 2030, and by 110% to 959,000 by 2050. As a result, the rising prevalence of Alzheimer’s disease is predicted to propel the worldwide Alzheimer’s disease treatment market forward.
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Key Alzheimer’s Disease Treatment Market Segments
1) By Drug Class: Cholinergic, Memantine, Combined Drug, AChE inhibitors, Immunoglobulins
2) By Drug Type: Cholinesterase Inhibitors, NMDA Receptor Antagonists
3) By Therapeutics: Cholinesterase Inhibitors, NMDA Receptor Antagonists, Other Therapeutics
Recent Alzheimer’s Disease Treatment Market Trend – Emerging Treatment Technologies
The Alzheimer’s Association provides money to researchers in search of novel therapy options and advocates for increased government funding for Alzheimer’s research. In the AD market, technologies such as ß-site amyloid precursor protein cleaving enzyme 1 (BACE1) inhibitors and anti-amyloid inhibitors are emerging. Comentis and Astellas, for example, partnered and joined the BACE inhibitor area with their peptidomimetic series. Manufacturing companies such as AC Immune, Adamas Pharmaceuticals, INmune Bio, Intra-Cellular Therapies, and vTv Therapeutics are focusing more on R&D investments in clinical trials using their research molecules to achieve a breakthrough in the treatment of Alzheimer’s disease.
Alzheimer’s Disease Treatment Market Prominent Players
Major players in the alzheimer’s disease treatment market are Allergan, Eisai Co. Ltd., Novartis AG, Pfizer Inc., Merz Pharma, H. Lundbeck A/S Biogen, AstraZeneca, and F. Hoffmann-La Roche Ltd.
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The Alzheimer’s Disease Treatment Global Market Report 2023 provides a comprehensive overview on the alzheimer’s disease treatment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the alzheimer’s disease treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
A medicine conceived and produced to treat Alzheimer’s disease is referred to as Alzheimer’s disease treatment. This immunotherapy medication, which targets the protein beta-amyloid, aids in the decrease of amyloid plaques, which are brain lesions associated with Alzheimer’s disease. As the disease progresses, the person’s memory becomes severely impaired, and he or she may lose the capacity to perform daily duties.
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