Press release
Rivastigmine Market 2021 Strong Development By Major Eminent Players, Research Analysis and Forecasts to 2028 | Actavis Pharma, Apotex Corporation.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฏ๐๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญRivastigmine is a cholinesterase enzyme inhibitor, which acts on butylcholinesterase and acetylcholinesterase. It is a cholinergic agent that aids in the treatment of Alzheimerโs and Parkinsonโs disease. The drug can be administered orally or in transdermal patches form, owing to its small molecular size.
๐๐จ ๐๐๐ญ ๐ฆ๐จ๐ซ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ญ๐๐ญ๐๐ซ๐ ๐ข๐๐ฌ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ โhttps://www.coherentmarketinsights.com/insight/request-sample/2407
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฏ๐๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Increasing geriatric population is a major driver for the growth of the global rivastigmine market. According to the Alzheimer Association, in 2018, the risk of suffering from dementia can increase double fold above the age of 65 years in every 5 years. Moreover, surging prevalence of cardiovascular diseases worldwide also accounts for the development of Alzheimerโs disease, thereby augmenting the demand for rivastigmine. As per a report published by the National Center for Biotechnology Information in 2013, the incidence of cardiovascular diseases was around 22.5 per 1,000 person worldwide which in turn suggesting a risk of dementia. Diseases such as diabetes and blood pressure can also elevate the risk of dementia, which would further boost the demand for rivastigmine, thereby accelerating the global market growth.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฏ๐๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ โ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
North America accounted for the largest share in the global rivastigmine market in 2017, owing to the increasing prevalence of chronic kidney disease in the region. According to The American Kidney Fund, around 31 million people suffered from chronic kidney disease in 2015. Europe accounted for the second largest share in terms of revenue in the global rivastigmine market, in 2017 owing to increasing geriatric population in the region. Geriatric population is more prone to dementia. According to World Population Prospects (WPP), in 2017, around 25% of the population in Europe was aged 60 years or above. According to the Alzheimerโs Association, in 2017, there was significant prevalence of vascular diseases in Latin America and Africa. Therefore, Latin America and Africa are expected to witness significant market growth during the projected period.
๐๐จ ๐๐ง๐จ๐ฐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/2407
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฏ๐๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ โ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐๐ค๐ ๐ซ๐จ๐ฎ๐ง๐
The most prominent players operating in the global rivastigmine market include Novartis Europharm Limited, Actavis Pharma, Apotex Corporation, Aurobindo Pharm Ltd., Teva Pharmaceuticals Industries Ltd., and Dr. Reddyโs Laboratories, Macleods.
These companies are focused on product development and approvals in order to enhance their global market share. For instance, in 2007, the U.S. FDA approved Exelon (Rivastigmine tartarate) โ developed by Novartis Europharm Limited for the treatment of Alzheimer's and Parkinson's disease.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฑ๐จ๐ง๐จ๐ฆ๐ฒ
On the basis of disease indication:
โข Alzheimerโs disease
โข Parkinsonโs disease
Based on formulation:
โข Capsules
โข Transdermal Patches
By distribution channel:
โข Hospital pharmacies
โข Retail pharmacies
โข Online pharmacies
By geography:
โข North America
โข Latin America
โข Europe
โข Asia Pacific
โข Middle East
โข Africa
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ โhttps://www.coherentmarketinsights.com/insight/buy-now/2407
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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