Press release
Alzheimer's Disease Drug Market to See Huge Growth by 2027 | Allergan, Eisai, Novartis, Daiichi Sankyo, Merz Pharma, Pfizer, Johnson & Johnson, Lundbeck
The research report on "Alzheimer's Disease Drug Market 2020" offers a holistic analysis of the business space, in tandem with a comprehensive overview of market segmentations. The report details about the market scenario according to industry size and current position as well as volume and revenue with forecast to 2027. The study also emphasizes the crucial insights regarding the geographical as well as the competitive landscape of the market. The new report offers a powerful combination of the latest, in-depth research studies on the Alzheimer's Disease Drug market. The authors of the report are highly experienced analysts and possess deep market knowledge. Some of the key players in the Global Alzheimer's Disease Drug market is Allergan, Eisai, Novartis, Daiichi Sankyo, Merz Pharma, Pfizer, Johnson & Johnson, Lundbeck.Alzheimer's Drugs Market by Drug Class (Cholinergic, Memantine, and Combined Drug) and by Distribution Channel (Hospital Pharmacy, Retail Pharmacy and Online Sales): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2027
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Alzheimer's disease is a type of dementia that destroys memory and other important mental functions. No drug is available for curing the disease. Aricept, Exelon, Razadyne, and Namenda are some of the drugs used for reducing the symptoms of the disease.
The increasing prevalence of Alzheimer's disease is expected to propel the growth of the global Alzheimer's disease drug market. For instance, according to the data from the Alzheimer's Association, around 5.7 million people in the U.S. were suffering from Alzheimer's disease in 2018. Moreover, increasing the geriatric population is also expected to aid in the growth of the market. For instance, according to the World Health Organization, the geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
Technological advancements in drug development are expected to boost the growth of the global Alzheimer's disease drug market. For instance, in April 2018, researchers from the University of Virginia School of Medicine reported the development of a new technique of accurately targeting molecules within cells to develop safer medicines, in the journal Neuron.
Opioid-based painkillers are often used in the treatment of Alzheimer's disease due to their ability to ease pain effectively. However, the use of opioid painkillers in Alzheimer's disease could cause severe side effects. This, in turn, is expected to hamper growth of the global Alzheimer's disease drug market.
R&D and the launch of a novel class of drugs are expected to offer lucrative growth opportunities for players in the global Alzheimer's disease drug market. For instance, in February 2020, ProteKt Therapeutics, a pharmaceutical startup based in Israel, announced its plans to develop a drug that targets an enzyme that is believed to a major cause of Alzheimer's disease.
Major players in the market are focused on conducting clinical trials to expand their product portfolio. For instance, in February 2020, T3D Therapeutics, Inc. ("T3D" ), a clinical-stage drug developer based in the U.S., started screening and enrollment for the PIONEER Phase 2 clinical trial for its product candidate T3D-959 for the treatment of patients with mild to moderate Alzheimer's disease.
Competitive Analysis:
The report covers major players operating in the Alzheimer's Disease Drug market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities.
This report focuses on top manufacturers in the global market, with production, price, revenue, and market share for each manufacturer, covering
Allergan
Eisai
Novartis
Daiichi Sankyo
Merz Pharma
Pfizer
Johnson & Johnson
Lundbeck
On the basis of product, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into
Donepezil
Memantine
Rivastigmine
By Application, the market can be split into
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
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The key strategic developments of the Alzheimer's Disease Drug market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the Alzheimer's Disease Drug market on a global and regional basis.The study provides a decisive view on the Alzheimer's Disease Drug market by segmenting the market based on product, end-user, and regions. All the segments have been analyzed based on present and future trends and the Alzheimer's Disease Drug market is estimated from 2020 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries.
Global Alzheimer's Disease Drug Market Report includes Detailed TOC points:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Alzheimer's Disease Drug Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Alzheimer's Disease Drug Market, By Type
8 Global Alzheimer's Disease Drug Market, by Application
9 Global Alzheimer's Disease Drug Market, By Deployment
10 Global Alzheimer's Disease Drug Market, By End User
11 Global Alzheimer's Disease Drug Market, By Distribution Channel
12 Global Alzheimer's Disease Drug Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio
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