openPR Logo
Press release

Cognitive and Memory Enhancer Drugs Market Expected to Generate Huge Profits by 2024 with a CAGR of 8.6%

06-21-2019 10:48 AM CET | Health & Medicine

Press release from: Allied Market Research

Cognitive and Memory Enhancer Drugs Market

Cognitive and Memory Enhancer Drugs Market

According to a new report published by Allied Market Research, titled, "Cognitive and Memory Enhancer Drugs Market by Product and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global cognitive and memory enhancer drugs market was valued at $3,680 million in 2016, and is projected to reach $6,598 million by 2023, growing at a CAGR of 8.6% from 2017 to 2023. Namenda held more than one-fourth share of the total market in 2016.

Most of the college students, professionals, and entrepreneurs are using smart drugs to maximize their mental capabilities. For instance, Piracetam improves memory in seniors experiencing age-related mental decline or dementia. These benefits of smart drugs are expected to propel the market growth for cognitive and memory enhancer drugs.

Do Purchase Enquiry at: https://www.alliedmarketresearch.com/request-sample/4556

The Asia-Pacific market is projected to grow at the highest CAGR of 9.6% during the forecast period, owing to improvement in healthcare infrastructure and rise in expenditures in the emerging markets (such as India and China) to cater to the unmet medical needs.

The major companies profiled in the report are Pfizer Inc., Eisai Co., Ltd., Allergan, Inc., Novartis AG, Shire, Johnson & Johnson, Takeda Pharmaceutical Company Limited, AlternaScript LLC, Cephalon, Inc. (Teva Pharmaceutical Industries Ltd.), and Ceretropic.

Cognitive and memory enhancers are the drugs or supplements, which help to improve the cognitive functions such as memory, creativity, and others in patients suffering from diseases such as neurological disorders as well as in healthy individuals. The major factors that contribute to the market growth include growth in geriatric population prone to neurological disorders such as Alzheimer. Moreover, rise in adoption of cognitive drugs owing to its benefits such as improved physical and mental performance boosts the market growth. However, the ethical issues related with the use of such drugs restrain the growth of this market.

Namenda generated the maximum revenue in the global cognitive and memory enhancer drugs market in 2016, and is expected to dominate the market till 2023. Exelon segment is expected to register the highest CAGR of 10.9% during the forecast period, owing to increase in awareness among people towards improved physical performance.

Disease treatment application segment is expected to dominate the market in the future, owing to increase in the number of patients suffering from neurological diseases such as Alzheimer's. On the other hand, academic performance segment is estimated to exhibit a CAGR of 10.2% during the forecast period

Download Sample PDF Brochure at: https://www.alliedmarketresearch.com/purchase-enquiry/4556

Key Benefits for Stakeholders

• The study provides an in-depth analysis of the global cognitive and memory enhancer drugs market, with current trends and future estimations to elucidate the imminent investment pockets.
• Quantitative analysis from 2016 to 2023 is expected to enable the stakeholders to capitalize on prevailing market opportunities.
• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
• Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1〈855〉550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cognitive and Memory Enhancer Drugs Market Expected to Generate Huge Profits by 2024 with a CAGR of 8.6% here

News-ID: 1783855 • Views: 176

More Releases from Allied Market Research

U.S. Surplus Lines Insurance Market Size Projected to Hit $125.9 Billion by 2027 …
According to a recent report published by Allied Market Research, titled, "U.S. Surplus Lines Insurance Market by Coverage, Distribution Model, and Application: Country Opportunity Analysis and Industry Forecast, 2020-2027," the market was valued at $52.1 billion in 2019, and the U.S. surplus lines insurance market size is projected to reach $125.9 billion by 2027, growing at a CAGR of 15.2% from 2020 to 2027. Some of the major players operating in
Reed Sensor Market 2019–2026: Revenue Projections and Industry Insights | Stan …
Allied Market Research published the latest report, titled "Reed Sensor Market by Type (Dry-Reed Sensor, Mercury-Wetted Reed Sensor) and Application (Automotive, Transportation, Consumer Electronics, Robotics & Automation, Telecommunications, Healthcare, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, reed sensor market is expected to witness significant growth during the forecast period due to surge in need for technological advancements in the sensors. The emergence of high-tech
Umbrella Market 2020 to Witness a Pronounce Growth During COVID-19 Crisis with D …
Umbrella also is known as parasol is an object used for protection against rain and sunlight. Umbrellas are usually designed for protection from rain whereas parasol is specifically designed and used to block the sunlight. Umbrellas are hand-held portable devices which come in different sizes, shapes, colors, and designs. These have been used since the seventeenth century and are considered as an essential accessory by most of the people. Canopy,
Forage Seed Market Size, Industry Analysis by Leading Key Players, Development a …
The global Forage Seed Market was valued at $11,683 million in 2015 and is projected to reach $20,646 million by 2022, growing at a CAGR of 8.50% from 2016 to 2022. In 2015, the alfalfa product segment held approximately more than one-fourth of the total market. Forage seeds are the edible parts of plants widely utilized for livestock feeding. Alfalfa, clover, chicory, ryegrass, lablab, and fescue are some of the popular

All 5 Releases


More Releases for Cognitive

Cognitive Computing: Applications and Global Markets
Cognitive computing like many IT terms is defined both by its technical capability and applications and by marketing statements. From a technical standpoint, cognitive computing is a system that uses machine learning algorithms to continually increase its knowledge from the data it receives. The learning aspect is characterized by the system continuously refining patterns in the data as well as the way data is processed. This learning allows cognitive computing
Cognitive Services – Global Market Outlook (2018-2025)
Global Cognitive Services Industry New Study On “2018-2025 Cognitive Services Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database This report focuses on the global Cognitive Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cognitive Services development in United States, Europe and China. Cognitive Services are a set of machine learning algorithms that Microsoft has developed
Global Cognitive Analytics Market- The Thematic Research
Cognitive Analytics.jpgSummary:- (Cognitive Analytics) Global Cognitive Analytics report, the Cognitive Analytics is expected to reach a value of $1.95 billion in 2017 and is projected to reach a value of $40.25 billion at the end of 2027. The global Cognitive Analytics report covers the Cognitive Analytics in a comprehensive manner, across all parameters such as types, applications, users, top players, and regions. The report further covers the drivers, restraints and trends
Global Cancer Cognitive Computing Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Global Cancer Cognitive Computing Market Outlook 2022 to its growing collection of premium market research reports. The emergence of Cognitive Computing for Cancer has revolutionized the healthcare industry. This technique is allowing a previously unattainable level of personalized treatment options with efficiency and simplicity. Due to this ability, it is anticipated that the Global Cancer Cognitive Computing market will cross US$
Cognitive Computing Market: Lucrative Opportunity by 2025
Data analysis can yield dramatic and yet highly dependable results. In recent times, almost every organization, big or small, is resorting to computation for certain kind in order to enhance their production efficiency, meet the demand coming from consumers, and counter the challenge posed by local and global competitors. Cognitive computing relates to next stage of data analysis wherein it not only crunches all the available data to make a
Global Cognitive Computing Market
In the ever changing world of information technology, business organizations are left with humongous amount of data with them. This data includes very critical information for business use, but business organizations are only able to utilize 20% of whole data available with them with the use of traditional data analytics technology. To process and interpret the reaming 80% of the data that is in the form of videos, images, and