Press release
Insights on Global Alzheimer’s Drugs Market and Forecast Assumptions Through 2025
MRRSE
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These market scenarios include new trends, developments, growth propelling aspects, opportunities and challenges and based on the analyses of data pertaining to these scenarios in the past and the present, a global market forecast is chalked out in this research report. The data analyses has been carried out considering different regions across the globe. Regions of North America (US and Canada), Asia Pacific (Japan, China, India, New Zealand, Australia and rest of APAC), Latin America (Mexico, Brazil and rest of Latin America) and Middle East and Africa (South Africa, GCC Countries and rest of Middle East and Africa) are thoroughly studied during the period of 2017 to 2025 to understand the global market for Alzheimer’s drugs.
Global Alzheimer’s Drugs Market: Dynamics
The global market for Alzheimer’s drugs has been pushed to register significant growth owing to several factors such as new innovations in the development of medicines and treatment methods, increasing occurrence of Alzheimer’s disease, biomarker analysis, molecules analysis, rising awareness and rising sales of different drug classes to treat Alzheimer’s during the period of 2017-2025. The drugs available for treating Alzheimer’s disease improve its symptoms, however, no solid cure has been yet developed. According to the report on World Alzheimer’s, at every 3.2 seconds, a new case of Alzheimer’s disease is registered.
Global Alzheimer’s Drugs Market: Segmental Highlights
Memantine segment by drug class dominated the global market in 2016 and this trend is expected to continue to make this segment remain dominant throughout the period of forecast. Cholinergic segment by drug class is anticipated to swell at a high CAGR during the forecast period. It has been also analyzed that combined drug class by drug class had experienced higher sales in 2016, and it is expected to grow at a significant growth rate during the period of 2017 to 2025
By distribution channel, Hospital pharmacy segment dominated the global market in 2016 and is poised to reflect dominance throughout the forecast period of 2017 to 2025 owing to significant growth rate during this period. Online sales segment by distribution channel is anticipated to grow and also experience strong market share as compared to earlier years. This growth can be attributed towards the rising use of applications which are mobile based to order medicines.
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Regional Segmentation
Weighted analyses portrayed in the research publication can be attributed towards a deep market segmentation covering different drug classes and distribution channels across the aforementioned geographies. As per the study, North America region dominated the global Alzheimer’s drugs market in the past and is poised to continue with the same trend during the period of forecast.
Asia Pacific (APAC) segment is expected to reflect a high growth rate and is anticipated to register a robust CAGR of 8.6% throughout the forecast period.
Middle East and Africa (MEA) and Latin America regions are comparatively small markets for Alzheimer’s drugs. However, in Latin America, Brazil region has shown remarkable growth and is expected to grow at a significant growth rate during the forecast period
Global Alzheimer’s Drugs Market: Competitive Scenario
The global market for Alzheimer’s drugs includes several key players. A detailed key player scrutiny has been slated in this research report. Acumen on key players such as Johnson & Johnson, Merz Holding GmbH & Co KG, Ono Pharmaceutical Co Ltd, Daiichi Sankyo Company Limited, H Lundbeck A/S, Eisai Co Ltd., Novartis AG and Allergan Plc has been collected.
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