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Alzheimer's Diagnostics Market to Garner USD 8.4 Bn, Globally, by 2026 at 9.03% CAGR - AXIOM MRC
Alzheimer's Diagnostics Market - Axiom MRC
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The report analyses the Global Alzheimer's Diagnostic Market based on Type, Diagnostics Test, End User and Geography. The types of Alzheimer's diagnostics diseases are Early-Onset Alzheimer's, Late-Onset Alzheimer's and Familial Alzheimer's disease. These disease diagnoses are conducted by various diagnostics tests including Brain Imaging, Blood Tests etc. The Brain imaging is accessible as Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Electroencephalography (EEG) and Positron Emission Tomography (PET) Scan. The major end users of these products are Hospitals, Diagnostic Centers, Clinics and Others etc.
The key companies in the alzheimer's diagnostic market are Axon Neuroscience, Koninklijke Philips N.V., TauRx, Siemens AG, F. Hoffmann La Roche AG, GE Healthcare, Navidea biopharmaceuticals, Treventis Corporation, Eli Lilly, Cognition Therapeutics Inc. and Neuro-Bio Ltd (UK).
Alzheimer's Diagnostics Market Regional Trends:
The North America accounted for the largest market in global alzheimer's diagnostic market which was recorded at around 39% in 2019. Stringent government rules for the reimbursement process and inadequate financial conditions of the patients for the treatment are affecting the growth of alzheimer's diagnostics market in the United States and Canada. Furthermore, the Asia Pacific alzheimer's diagnostic market is anticipated to grow at a fastest growth rate of 9.67% during the forecast period. The primary driver of the alzheimer's diagnostics market in China is the burgeoning rise in the population of the country, which is thereby increasing the aging population. This aging population is vulnerable to diseases like dementia, thus causing a rise in its prevalence across the country, mainly in the semi-urban and rural provinces is anticipate to propel the growth of alzheimer's diagnostic market in Asia Pacific region.
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Alzheimer's Diagnostics Market Segmental Highlights:
o The North America dominated the alzheimer's diagnostic market in 2019
o The late onset alzheimer's segment is anticipated to rise at a growth rate of 9.03% during the forecast period
o The brain imaging segment dominated the global alzheimer's diagnostic market, by diagnostics test in 2019
o The alzheimer's diagnostic market for hospitals in Asia Pacific is anticipated to grow at a CAGR of 9.37% during projection period
Research Objectives of Alzheimer's Diagnostics Market Report:
o Analyzing the outlook of the market with the recent trends and Porter's five forces analysis.
o Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
o Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
o Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Alzheimer's diagnostics Market.
o Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
o Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players
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Ganesh Sai
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Axiom Market Research & Consulting(TM) (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.
Axiom Market Research & Consulting(TM) offers market research and data analytics services such as syndicated market research reports, custom market research reports,business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals & Materials, Food & Beverages, Packaging Agriculture, Power & Energy.
Market research reports are based on scientifically developed statistics and content analytics tool 'Qual-Quant Data Model', in which various industry vertical's qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.
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