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Rivastigmine Market 2021 Strong Development By Major Eminent Players, Research Analysis and Forecasts to 2028 | Actavis Pharma, Apotex Corporation.

10-26-2021 11:51 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Rivastigmine

Rivastigmine

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‘๐ข๐ฏ๐š๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

Rivastigmine is a cholinesterase enzyme inhibitor, which acts on butylcholinesterase and acetylcholinesterase. It is a cholinergic agent that aids in the treatment of Alzheimerโ€™s and Parkinsonโ€™s disease. The drug can be administered orally or in transdermal patches form, owing to its small molecular size.

๐“๐จ ๐†๐ž๐ญ ๐ฆ๐จ๐ซ๐ž ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐’๐ญ๐š๐ญ๐ž๐ซ๐ ๐ข๐ž๐ฌ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ โ€“https://www.coherentmarketinsights.com/insight/request-sample/2407

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‘๐ข๐ฏ๐š๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

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 Alzheimerโ€™s 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.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‘๐ข๐ฏ๐š๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ โ€“ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

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 Alzheimerโ€™s 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.

๐“๐จ ๐Š๐ง๐จ๐ฐ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐‡๐ž๐ซ๐ž @ https://www.coherentmarketinsights.com/insight/request-pdf/2407

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‘๐ข๐ฏ๐š๐ฌ๐ญ๐ข๐ ๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ โ€“ ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐๐š๐œ๐ค๐ ๐ซ๐จ๐ฎ๐ง๐

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. Reddyโ€™s 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.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐š๐ฑ๐จ๐ง๐จ๐ฆ๐ฒ

On the basis of disease indication:
โ€ข Alzheimerโ€™s disease
โ€ข Parkinsonโ€™s disease

Based on formulation:
โ€ข Capsules
โ€ข Transdermal Patches

By distribution channel:
โ€ข Hospital pharmacies
โ€ข Retail pharmacies
โ€ข Online pharmacies

By geography:
โ€ข North America
โ€ข Latin America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Middle East
โ€ข Africa

๐“๐จ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ โ€“https://www.coherentmarketinsights.com/insight/buy-now/2407

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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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