Press release
GLOBAL PARKINSON'S DISEASE DRUGS MARKET is anticipated to shoot off by the end of 2022 :Top keyplayers are Impax Laboratories, Abbvie Pharmaceuticals, Mylan Laboratories, BoehringerIngelheim, GlaxoSmithKline, UCB, Somerset Pharmaceuticals, Teva NS, Pfizer
DescriptionParkinson's disease is a disorder of the Central Nervous System that affects the motor system. According to the report, XX number of people suffer from Parkinson's disease. The cause of this disease is unknown. Because of this only symptomatic treatments are available rather than curative. Risk of this disease increases with age. Symptoms include shakiness of the hand, difficulty in walking, slow movement, etc. The treatment for this disease is mainly aimed at controlling the symptoms. Therapeutic treatment varies from patient to patient depending on the symptoms the patient exhibits. Surgical treatments are available but it cannot be assumed that they will be successful in relieving the person from the disease. The drugs market for the disease is valued at XX and is expected to reach a valuation of XX after the forecast period.
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Market Dynamics
The market has a lot of unmet needs. Incomplete knowledge of underlying cause of the disease is a reason why there is no curative therapy available for the disease. A lot of research is going on for the proper cure for the disease. Increasing geriatric population increases the number of people suffering from this disease, thus providing an impetus to the growth of the market.
However, the expensiveness of the available procedures is a restraining factor in the growth of the market. A yearly expenditure of XX is recorded for a person suffering from Parkinson's disease. Expiry of patents of the certain drugs is also a major restraint in the growth of the market.
Market Segmentation
The global Parkinson's disease therapeutics market is segmented on the grounds of treatment type, end user and geography.
Based on treatment type, the market is partitioned into the following:
Medications
Medical devices
Based on end users, the market is classified into:
Hospitals
Clinics
Home care
Geography segments the market into the following regions:
North America
Latin America
Western Europe
Eastern Europe
Asia-Pacific
Japan
Middle East
Africa.
Geographical Analysis
North America has dominated the market with good reimbursements policies and insurance cover. Also high prevalence of the disease in the region can be associated with the growth of the market. The increase in investment in the R&D sector in Europe is a driving factor that gives this region second largest share in the market.
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Key Players
This market provides a great opportunity of growth for the key players due to lack of curative therapy. Some of the key players in the Parkinson's disease drugs market are:
Merck & Co., Impax Laboratories, Abbvie Pharmaceuticals, Mylan Laboratories, Boehringer Ingelheim, GlaxoSmithKline, UCB, Somerset Pharmaceuticals, Teva NS, Pfizer, Novartis, Janssen, Allergan, Acadia.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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