Press release
Conversational AI to drive the Cognitive Decline Market at a CAGR of 5.8%
The cognitive decline market is dominated by a few large players, such as Eisai Co., Ltd., Novartis AG, and Pfizer Inc. However, the market is also seeing the entry of new players, such as start-ups and small companies, which are developing innovative therapies and technologies for the treatment and management of cognitive decline.
Overall, the cognitive decline market is expected to continue to grow at a significant rate in the coming years, driven by the increasing prevalence of age-related cognitive decline and the rising prevalence of chronic diseases. As the population ages and the demand for effective treatments and therapies increases, the market is likely to see further growth and development.
Get Sample Copy Of This Report To Understand The Structure Of The Complete Report@ https://www.persistencemarketresearch.com/samples/32968
Non-invasive brain stimulation (NIBS) is gaining traction as a clinically effective tool for identifying and treating a wide range of mental illnesses. Widespread use of NIBS will be contingent on its efficacy as demonstrated in sham-controlled multi-center trials, but current indications point to it having a significant impact on the treatment of disorders seen in a variety of specialties, including neurology, psychiatry, pediatrics, physical therapy, and physical medicine and rehabilitation.
Because non-invasive brain stimulation carries minimal risk, it is associated with fewer side effects and consequences. This will be one of the primary driving forces in the market over the projected period of 2022-2032.
Companies are focusing on developing innovative and competitive products to meet unmet market needs. There are multiple licensing and collaboration agreements for the development and commercialization of products in the areas of cognitive decline. New market entrants are working on an effective pricing strategy. Business units are restructuring initiatives to enhance business effectiveness. Diversification of companies' efforts is also leading to the development of other generic drugs.
Companies are entering into strategic alliances with other pharmaceutical companies and government bodies for faster development of present pipeline drugs.
To get extensive insights on key trends, request for customization here@ https://www.persistencemarketresearch.com/request-customization/32968
Key Takeaways from Market Study
By product type, drug therapy held 53% market value share in 2020.
By indication, mild cognitive impairment (MCI) held 78% market value share in 2020.
Hospitals dominated the cognitive decline market with a share of 39.1% in 2020, owing to more effective treatment within these facilities.
By region, North America dominated the global cognitive decline market with a value share of around 36.8% in 2020.
"Positive reimbursement paradigm for cognitive decline and innovative products & solutions for treatment will promote market growth," says an analyst of Persistence Market Research.
Market Competition
Key players are focusing on forming strategic partnerships through acquisitions and mergers to enhance their presence across the world, resulting in increased customer base.
In March 2021, Deutsches Zentrum für Neurodegenerative Erkrankungen and Eisai Co., Ltd. entered into a research agreement to create novel treatments for neurodegenerative disorders, including Alzheimer's disease (AD).
In August 2019, electroCore, Inc. announced a research collaboration with the Massachusetts General Hospital to explore non-invasive Vagus nerve stimulation in neuroinflammation.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the cognitive decline market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031.
The research study is based on the product type (drug therapy [cholinesterase inhibitors, NMDA receptor antagonists], non-invasive stimulation devices [vagus nerve stimulators, deep brain stimulators, transcranial magnetic stimulators (TMS)]), indication (mild cognitive impairment (MCI) [amnestic MCI, non-amnestic MCI], dementia), and end user (hospitals, neurology clinics/centres, retail pharmacies, home care settings) across seven key regions of the world.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/32968
Read More:
https://www.medgadget.com/2022/11/the-cognitive-decline-market-to-grace-digital-transformation-curve-at-a-cagr-of-5-8.html
Related Reports:
Telemedicine Market
https://www.persistencemarketresearch.com/market-research/telemedicine-market.asp
Robotic Surgery Market
https://www.persistencemarketresearch.com/market-research/robotic-surgery-market.asp
Veterinary Teleradiology Market
https://www.persistencemarketresearch.com/market-research/veterinary-teleradiology-market.asp
Dental Radiology Equipment Market
https://www.persistencemarketresearch.com/market-research/dental-radiology-equipment-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Conversational AI to drive the Cognitive Decline Market at a CAGR of 5.8% here
News-ID: 2863374 • Views: …
More Releases from Persistence Market Research
Crates Market Is Expected to Reach US$ 8.7 Billion by 2033 - Persistence Market …
The global crates market plays a critical role in modern logistics, packaging, and supply chain operations across a wide range of industries. Crates are rigid containers designed to transport, store, and protect goods efficiently during handling, warehousing, and distribution. They are widely used in food and beverage, agriculture, pharmaceuticals, automotive, chemicals, and retail sectors due to their durability, stackability, and ability to support reusable and returnable packaging models. As supply…
Solar Power Mobile Devices Market Size to Reach US$ 12.7 Billion by 2033 - Persi …
The solar power mobile devices market is gaining rapid traction as consumers and industries increasingly seek portable, reliable, and sustainable power solutions. Solar powered mobile devices include smartphones, power banks, chargers, lighting systems, and communication equipment that integrate photovoltaic technology to generate electricity from sunlight. These devices are particularly valuable in off grid environments, emergency situations, outdoor activities, and regions with unreliable grid infrastructure.
Explore Full Report Quality - Free Sample…
Triethylene Glycol Market Size to Reach US$2.4 Billion by 2033 - Persistence Mar …
The global triethylene glycol market plays a crucial role across multiple industrial value chains, driven by its versatile chemical properties and wide applicability in energy, textiles, automotive, plastics, and consumer products. Triethylene glycol is a colorless, odorless, hygroscopic liquid known for its excellent moisture absorbing capability, low volatility, and relatively low toxicity compared to other glycols. These attributes make it a preferred choice in applications such as natural gas dehydration,…
Air Purifier Market Witnesses Strong Boom Amid Rising Air Quality Concerns
Introduction
The global air purifier market has gained significant traction in recent years as concerns over air quality, indoor pollution, and public health continue to intensify. Rapid urbanization, industrial expansion, rising vehicular emissions, and increasing awareness of respiratory health have positioned air purifiers as essential household and commercial appliances rather than luxury products. Air purifiers are designed to remove airborne contaminants such as dust, pollen, smoke, volatile organic compounds (VOCs), bacteria,…
More Releases for MCI
MCI Mining Construction International: Bulk Material Handling and Mining Equipme …
Image: https://www.globalnewslines.com/uploads/2025/08/0314918912f9fab867e8e6bfd24b7fb1.jpg
Founded in 1962 in Graz, Austria, MCI Mining Construction International GmbH (MCI) began as the in-house maintenance and operations partner for the country's largest open-pit coal mine. Over time, it became a trusted specialist in the relocation and refurbishment of continuous mining equipment - acquiring entire systems, overhauling them to OEM standards, and recommissioning them at new mine sites around the world.
This legacy of hands-on technical service forms the…
Event Services Market Is Booming So Rapidly | Cvent, Freeman, Informa PLC, MCI G …
HTF MI just released the Global Event Services Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Event Services Market are:
Cvent (USA), Freeman (USA), Informa…
MCI Diagnostic Center Achieves Renewal and CAP Accreditation
Ensuring Excellence in Clinical Laboratory Testing
MCI Diagnostic Center, based in Dallas, Texas, proudly announces the successful renewal and accreditation by the College of American Pathologists (CAP). This achievement reaffirms MCI Diagnostic Center's commitment to upholding superior standards in clinical laboratory testing and patient care.
CAP accreditation is awarded to laboratories that consistently meet rigorous criteria in quality management, personnel qualifications, patient safety, and laboratory performance. By maintaining these high standards, MCI…
Celebrating Two Decades of Empowering Development: MCI Solutions Marks its 20th …
Celebrating Two Decades of Empowering Development: MCI Solutions Marks its 20th Anniversary
MCI Solutions, a leading provider of transformative learning and development experiences, is excited to announce its 20th Anniversary this September. Over the past two decades, MCI has remained at the forefront of empowering businesses and individuals, consistently fostering growth, and driving success.
This monumental achievement wouldn't have been possible without the unwavering trust and partnership of clients, employees, and everyone…
Identify Hidden Opportunities of Brand Activation Service Market | BCD Group, Ca …
The latest survey on Worldwide Brand Activation Service Market is conducted to provide hidden gems performance analysis of Worldwide Brand Activation Service to better demonstrate competitive environment. The market Study is segmented by key a region that is accelerating the marketization. The research is based on primary and secondary statistical sources and includes both qualitative and quantitative information. The detailed information is based on current trends and historic milestones. Some…
Track v6.3 Released to Management Controls (MCi) SaaS Customers
Enhanced user experience plus new BI tools provide greater efficiency and visibility across the enterprise
HOUSTON, TX. — Sept. 13, 2016 — MANAGEMENT CONTROLS, INC. (MCi), the widely used contract cost control and turnaround cost forecasting solution, today announced the release of Track v6.3 for its Microsoft Azure clients. This release brings many customer requested features to Track including robust Business Intelligence (BI) tools, ad-hoc reporting capabilities and enhanced look and…
