COVID-19 Impact : Alzheimer's Drugs Market Growth, Trends, Opportunities and Forecast to 2030 - AC Immune, F. Hoffmann-La Roche, DAIICHI SANKYO
Alzheimers Drugs market was estimated to be over US $ 3.5 Bn in 2018. It is anticipated to grow at a CAGR of 7.2% from 2019 to 2030.
New York, NY -- (SBWire) -- 05/07/2020 --Alzheimer's disease is a severe medical condition, wherein the patients gradually shows symptoms like memory loss, issues with learning or grasping things, communication, judgment, and the daily life routine. Until now, no drug or medication has been launched to stop these symptoms or reverse them in order to improve patients' lifestyle. If the symptoms are detected in the initial stage, some patients may get recovered, though early detection is rare and only least number of cases has been slowed down the growth of severity. In short, if the earliest symptoms are detected before time, they may help the brain work better for long period than as compared to the symptoms detected at a later stage. Dementia is common disorder, especially in elderly population and only a few medicines have proved themselves in improving the brain's functioning and reduced rate of the symptom progression. These include Cholinesterase Inhibitors, Memantine, and Namzaric.
The increasing pandemic of corona virus has stimulated maintaining hold on the clinical trials for the introduction of drugs for Alzheimer's disease. Only a few pharmaceutical companies are engrossed in the development and trials of modernized drugs that are more advanced than the drugs improving brain efficiency. Some drug manufacturing companies are also continuing their processes like enrollment and dosing for clinical trials.
Major Key Players of the Alzheimer's Drugs Market are:
AC Immune, F. Hoffmann-La Roche, DAIICHI SANKYO COMPANY, Eli Lilly and Company, H. Lundbeck A/S, Eisai Co., Avanir Pharmaceuticals, Inc., Novartis AG, Janssen Global Services, LLC, AbbVie Inc. among others.
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Growing prevalence rates of Alzheimers disease globally and rising geriatric population worldwide is anticipated to fuel the growth of Alzheimers drugs market. With the globally increasing ageing population, the number of patients suffering from Alzheimers disease is projected to grow during the forecast period. According to the World Health Organization (WHO) between the years 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. It is estimated that dementia affects 46.8 million people worldwide with an estimated cost of USD 818 billion. Alzheimers disease is the most common cause of dementia, with 9.9 million people newly diagnosed with dementia each year. Unfortunately there is no cure for Alzheimers, which has become one of the greatest public health challenges globally. These factors are expected fuel the Alzheimers Drugs Market in the forecast period. Current treatments focus on delaying the onset of the disease and on alleviating the symptoms, however they are unable to stop the disease from progressing as they do not alter or affect the underlying causes.
Major Types of Alzheimer's Drugs Market covered are:
Cholinesterase Inhibitors (Donepezil, Galantamine, Rivastigmine)
NMDA Receptor Antagonists (Memantine)
Major Applications of Alzheimer's Drugs Market covered are:
Direct Distribution Channel
Indirect Distribution Channel
Research objectives:-
– To study and analyze the global Alzheimer's Drugs consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Alzheimer's Drugs market by identifying its various sub-segments.
– Focuses on the key global Alzheimer's Drugs manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Alzheimer's Drugs with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Alzheimer's Drugs Market Size
2.2 Alzheimer's Drugs Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Alzheimer's Drugs Market Size by Manufacturers
3.2 Alzheimer's Drugs Key Players Head office and Area Served
3.3 Key Players Alzheimer's Drugs Product/Solution/Service
3.4 Date of Enter into Alzheimer's Drugs Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Alzheimer's Drugs Sales by Product
4.2 Global Alzheimer's Drugs Revenue by Product
4.3 Alzheimer's Drugs Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Alzheimer's Drugs Breakdown Data by End User
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In the end, Alzheimer's Drugs industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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