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2017-2027 Alzheimer'S Disease Market Comprehensive Analysis with Key Players like Ono Pharmaceutical, H Lundbeck A/S, Eisai Co Ltd., Johnson & Johnson, and Daiichi Sankyo Company
Alzheimer’s disease Drug Market OverviewAlzheimer's is a form of dementia that affects the patient's behavior, thinking and memory. The progression of the disease is slow and degrades the neurons associated with learning part of the brain. It is the most common and largest form of dementia (more than 60%), seen in people 65 years of age or older. The accumulation of protein called beta amyloid in the spaces between nerve cells due to genetic mutation is the main cause of Alzheimer's disease. Although Alzheimer's disease is not treatable, symptomatic treatment is followed in all cases. Research is underway to develop a treatment focused on the role of beta-amyloid in Alzheimer's disease.
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Alzheimer’s disease Drug Market Drivers and Restraints:
People suffering from early stage Alzheimer's disease and certain dementias do not have adequate access to the health infrastructure to diagnose and treat the disease. For example, according to the World Alzheimer Report in 2016, only about 50% of patients with dementia are diagnosed. The under-diagnosis rate is 10% in low- and middle-income economies, which should stimulate the growth of the Alzheimer's market. Currently, biomarker tests involving the amount of beta-amyloid in the brain, which can be visualized by positron emission tomography, are currently being investigated to diagnose the development of a treatment for Alzheimer's disease. Currently, there is no cure available for Alzheimer's disease. However, drugs for the treatment of Alzheimer's disease are underway and should be launched in the near future, which stimulates the growth of the therapeutic market for Alzheimer's disease.
Geographic Segmentation:
On the basis of geography, Alzheimer's disease drug market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. North America region is accounted for biggest chunk of the global market for Alzheimer’s drugs in 2016 owing to large pool of patients suffering from the disease and increasing awareness among the regional population about the treatment of the disease. In addition, the Asia-Pacific regional market is expected to post an average annual growth rate of 8.6% over the forecasted period.
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Key Players in Alzheimer's disease drug market:
Major players actively participating in Alzheimer's disease drug market include Ono Pharmaceutical, H Lundbeck A/S, Eisai Co Ltd., Johnson & Johnson, and Daiichi Sankyo Company Limited among others.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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