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. 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.
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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.
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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
- Market structure
- Market projections for upcoming years
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.
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