Press release
Global Neurodegenerative Disease Market to witness remarkable growth by 2022 :Top keyplayers are Bayer Schering, GlaxoSmithKline, UCB, TEVA Pharmaceuticals, Biogen Idec, BoehringerIngelheim, Novartis, Pfizer and Sanofi
DescriptionThe neurodegenerative disease can occur by genetics but the exact reason is unknown. Neurodegenerative disease arise due to the inability of the mitochondria to function due to the presence of the toxin protein in the brain. However there exists no total cure for this disease. The aging population are subjected more to these diseases. In neurodegenerative disease the neurons in the brain or the central nervous system fail to function leading to the breakdown of the functioning of the total neural system. The present medication available for neurodegenerative are only for relief of the symptom, there is no medicine for cure.
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Market Dynamics
The neurodegenerative diseases are on a rise, targeting more on the aged people, however it is not restricted to any particular age group. Due to the fact that there is no prevailing curative therapies for this disease, the Research and Development of various pharma companies are investing huge sum of amount to develop drugs that can cure, control or minimize the disease. This is huge driver for the market. Also the increasing awareness among the people about the mental health are the drivers. It is expected that new drug line will be launched in the next few years and there is huge opportunity of growth. The existing challenge is the probability in finding the curative drug. The prevailing medication are only for symptomatic relief.
Market Segmentation
The global neurodegenerative disease market can be segmented by disease type, drug use. By disease type it is segmented into Alzheimer Disease,Parkinson's Disease, Amyotrophic Lateral Sclerosis, and Huntington Disease. The most prevalent among these are Alzheimer prevalent and Parkinson's disease. By the drug use it is segmented in to N-methyl-D-aspartate receptor antagonists, selective serotonin reuptake inhibitor, and dopamine inhibitors.
Regional/Geographic Analysis
The neurodegenerative market is expected to grow globally. The developed nations such as North America, South America, and Europe invest huge amount of money in their R&D projects. They undertake huge initiative to find a cure for these diseases. Also, the developing countries with the huge awareness among the public and the huge population is expected to increase the demand in these region. Asia Pacific, Japan, Middle East and Africa hold a huge market.
Key Players
The key players of the global neurodegenerative disease market are Bayer Schering, GlaxoSmithKline, UCB, TEVA Pharmaceuticals, Biogen Idec, BoehringerIngelheim, Novartis, Pfizer and Sanofi.
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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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