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Alzheimer's Disease Treatment Market Growth Insights, Business Opportunities Forecast To 2028
Precision Business Insights published a research report on research report "Alzheimer's Disease Treatment Market: by drug type (Cholinesterase Inhibitors, NMDA Receptor Antagonists, Others), route of administration (Oral, Implants, Others), distribution channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028", Alzheimer's disease treatment market size was valued at US$ 6.5 Billion in 2021 and is anticipated to value at US$ 9.08 Billion till 2028 at a CAGR rate of 5.8 during the assessment time span.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on "Alzheimer's Disease Treatment Market: by drug type (Cholinesterase Inhibitors, NMDA Receptor Antagonists, Others), route of administration (Oral, Implants, Others), distribution channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)- Global/Region/Country Forecast to 2028",
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Growing R&D investments on the global Alzheimer's research is expected to impel the Alzheimer's Disease Treatment Market
Alzheimer's disease attacks the nerve cells of the brain leads to the cell degeneration and death. It is a neurodegenerative disorder. Behavioral changes, trouble in writing and speaking, memory loss, disorientation and personality changes are a few of the most common signs of Alzheimer's disease. Disease process associated with tangles and plaques in the brain and genetic disorders are the leading causes of Alzheimer's disease. It is possible to overcome Alzheimer's disease risks by avoiding obesity and doing both the mental and physical exercise. Cognitive testing with medical imaging and blood tests is the diagnostic test available for Alzheimer's disease.
Increasing prevalence of Alzheimer's disease is the major reason and anticipated to lead Alzheimer's disease treatment market to grow at considerable CAGR rate. Growing ageing population increases the cases of Alzheimer's disease cases, which consequently affect the market positively over the evaluation time span. Moreover, expiration of patents and growing R&D investments and increasing healthcare spending in the global Alzheimer's research anticipated to boost the market growth. In the same way, presence of huge last-stage pipeline drugs and the discovery of new disease-modifying drugs anticipated to fuel the market over the evaluation time span. But, the high level of research failure and uncertainty within the research and development of drugs can restrain the Alzheimer's disease treatment market growth.
North America dominates the Alzheimer's Disease Treatment Market
North America contributes the huge demand for Alzheimer's drugs. Nearly 5Mn adults are going from Alzheimer's disease according to the American Alzheimer's Association. Growing ageing population can also leads towards growing number of this disease in the upcoming days. Likewise, increase in coverage of Alzheimer's disease by an insurance program, Medicare also encourages other Alzheimer's patients to seek medical treatment and anticipated to fuel market growth. There are nearly 850,000 people in the UK with dementia in the year 2015 is anticipated to grow to almost 1 Mn during the evaluation time span and which is also anticipated to contribute considerably to the overall growth of the European Alzheimer's disease treatment market according to Alzheimer's Association UK.
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Competitive Assessment - Alzheimer's disease Treatment Market
There are a few major players working in the Alzheimer's disease treatment market are Hoffmann-La Roche Ltd (Switzerland), Eisai Pharmaceuticals Co. Ltd. (Japan), Lundbeck A/S (Denmark), Johnson & Johnson Services Inc., (U.S.), AstraZeneca (U.K.) and Pfizer Inc. (U.S.).
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