Alzheimer’s Disease Treatment Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028

The Global Alzheimer’s Disease Treatment Market is predicted to grow at a CAGR of 12.9% during the forecast period, 2021 to 2028 and would reach the market value of US$ 6,412.3 Million by 2028. Alzheimer’s disease is a mental degenerative condition in which brain cells die and the brain undergoes cognitive deterioration. Alzheimer is the most common type of Dementia and mostly affects the senior citizens. Alzheimer’s disease is uncurbable and causes memory loss in the patients. Alzheimer’s disease affects the thinking abilities, learning abilities, memory, problem solving skills and causes language & behavioral issues in an individual. Alzheimer’s disease makes the patient lose their ability to think and do things on their own, the patient adapts impulsive behavior which is often unpredictable. The patients lose ability to do things on their own and need assistance all the time. As time goes by, the patients become so forgetful that they even don’t remember about their family.
Certain features of the disorder are presence of plaques & tangles in the brain, loss of nerve-cell connection which confuse the brain and it is unable to connect with other organs as the information doesn’t flows easily between different areas of the brain and to other organs as well. High prevalence in the number of Alzheimer’s disease, rise in the awareness through governmental & non-governmental organizations, extensive R&D, advancements in diagnostic techniques, drug availability and affordable tests are the key reasons which drives the global Alzheimer’s disease treatment market. However, side effects of diagnosis and high cost of available drugs are some of the factors which hinders the global Alzheimer’s disease market. Currently there is no permanent cure for Alzheimer’s disease but FDA approved drugs gives high hopes for the better future in the Alzheimer’s disease treatment.

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Alzheimer’s disease treatment market is bifurcated on the basis of drug class and distribution channel. By drug class, the global Alzheimer’s disease market is segmented as cholinergic, memantine, combined drug, Ache inhibitors, and immunoglobulins. On the basis of distribution channel, the global Alzheimer’s disease market is segmented into hospital pharmacy, retail pharmacy, and online sales. Cholinergic drugs market would mark a hike as it is very efficient in delaying mental problems, for people suffering from mild to moderate Alzheimer’s disease. FDA approved drugs like Donepezil, Rivastigmine and Galantamine mark a certain boost in the global Alzheimer’s disease treatment market.
Alzheimer’s disease treatment market outlook – North America is leading the global Alzheimer’s treatment market.
Based on Geography, the global Alzheimer’s disease treatment market is bifurcated into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA). FDA approved drugs to revolutionize the global Alzheimer’s disease market.
Prominent players of global Alzheimer’s disease treatment market:
Johnson & Johnson Services, Eli Lilly and Company, Allergan, DAIICHI SANKYO COMPANY, Lundbeck A/S, Biogen, Eisai Co Ltd., Novartis AG, Merz Pharma, AstraZeneca, F. Hoffmann-La Roche Ltd, VTV Therapeutics, TauRe, Teva Pharmaceutical Industries Ltd., AC Immune, ONO PHARMACEUTICAL CO LTD, Takeda Pharmaceutical Company Limited., GENERAL ELECTRIC and Bayer AG.

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