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Alzheimer’s Drugs Market To Surge Beyond US$ 15 Billion By 2028 | Pfizer, Inc., Janssen Pharmaceutical, Novartis International AG

10-21-2021 08:21 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Alzheimer’s Drugs Market

Alzheimer’s Drugs Market

𝐀𝐥𝐳𝐡𝐞𝐢𝐦𝐞𝐫’𝐬 𝐃𝐫𝐮𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 report is an in-depth analysis study offered which explains necessary aspects like competition, segmentation, and regional growth in excessive detail. As a part of competitive analysis, the analysis study includes thorough company identification of leading players of the Alzheimer’s Drugs Industry.

Alzheimer’s Drugs Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. One of the objectives of this report is to identify the latest developments, market shares, and strategies employed by the major market players. Besides, the least competitive market niches with significant growth potential are also identified. For research methodology, secondary research, primary research, subject matter expert advice, quality check, and final review was utilized.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐇𝐞𝐫𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 @ https://www.coherentmarketinsights.com/insight/request-pdf/1373

Alzheimer’s disease is a type of dementia that slowly damages the brain. It generally starts to develop in middle age and gradually advances over the years. Like other types of dementia, people with Alzheimer's experience memory loss, trouble with processing speed and difficulty with recognizing or distinguishing specific items. Some patients with this condition are also unable to perform tasks that require fine motor skills, such as using a pencil. They often have an unusual lack of coordination.

Alzheimer’s is more common in women than men and it affects about 1 percent of Americans. It is believed that there may be a link between stress and this type of disease. Some research also indicates that people who work in high-risk jobs or are involved in hazardous occupations may be at a higher risk for Alzheimer’s. Increasing geriatric population is also expected to aid in growth of the Alzheimer’s drugs market. According to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.

High prevalence of Alzheimer’s disease is expected to propel growth of the Alzheimer’s drugs market. According to Alzheimer’s Association, around 5.8 million people in the U.S. aged 65 and older are living with Alzheimer's dementia in 2020. Moreover, R&D in Alzheimer’s disease is also expected to aid in growth of the Alzheimer’s drugs market. In December 2019, the U.S. Congress granted US$ 350 million annual appropriation for R&D in Alzheimer’s and dementia.

Emergence of Covid-19 has led to free virtual education programs and online support groups in the Alzheimer’s drugs market. In April 2020, The Alzheimer’s Association announced to offer free virtual education programs and online support groups to caregivers, Alzheimer’s patients, and their families.

Major players in the Alzheimer’s drugs market are focused on R&D on new drugs to expand their product portfolio. In March 2021, Eli Lilly and Company’s phase 2 placebo-controlled trial of the investigational antiamyloid drug donanemab demonstrated that the novel agent met the primary outcome of slowing cognitive decline in patients with early symptomatic Alzheimer's disease.

High cost of drugs is expected to limit growth of the Alzheimer’s drugs market. In June 2021, the U.S. FDA approved Aduhelm for the treatment of Alzheimer’s disease. The drug costs US$ 56,000-a-year, which would raise Medicare premiums broadly, and some patients who are prescribed the medication could face copayments of about US$ 11,500 annually.

𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐀𝐫𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐈𝐧 𝐓𝐡𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐫𝐞: Pfizer, Inc., Janssen Pharmaceutical, Novartis International AG, Eisai Co. Ltd., Lundbeck A/S and Teva Pharmaceuticals Industries Ltd.

𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐥𝐳𝐡𝐞𝐢𝐦𝐞𝐫’𝐬 𝐃𝐫𝐮𝐠𝐬 𝐫𝐞𝐩𝐨𝐫𝐭:

1. A complete backdrop analysis, which includes an assessment of the Alzheimer’s Drugs Market
2. An objective assessment of the trajectory of the market
3. Market segmentation up to the second or third level
4. Reporting and evaluation of recent industry developments
5. Important changes in market dynamics
6. Emerging niche segments and regional markets
7. Historical, current, and projected size of the market from the standpoint of both value and volume
8. Market shares and strategies of key players
9. Recommendations to companies for strengthening their foothold in the market

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 – https://www.coherentmarketinsights.com/promo/buynow/1373

To conclude, the Alzheimer’s Drugs Market report mentions the key geographies, market landscapes alongside the production and consumption analysis, supply and demand analysis, market growth rate, along with future forecast etc. This report also provides SWOT and PEST analysis, investment feasibility and return analysis. Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐂𝐨𝐡𝐞𝐫𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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