Press release
Parkinson's Disease Treatment Market to grow at a CAGR of 8.80% by 2028
Parkinson's Disease Treatment market research report directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. This report has been prepared by considering various steps for collecting, recording and analysing market data. This market analysis report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the Healthcare industry. Parkinson's Disease Treatment market report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.Parkinson's disease treatment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 8.80% in the above mentioned forecast period.
Parkinson's disease is the combination of progressive, degenerative neurological motor disorder, mainly affecting the dopaminergic cells of the brain. Tremor, rigidity, bradykinesia and postural volatility are some of the common symptoms of Parkinson's disease.
The high growth in aging population and the coupled increase in the prevalence of Parkinson's disease are amongst the important factors intensifying the growth and demand of Parkinson's disease treatment market. In addition, the government funding for research is also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the growing usage of L-Dopa, a symptomatic dopamine replacement treatment as well as nigrostriatal system are also enhancing the growth of the market. Likewise, the rising number of generic drug manufacturers, increasing number of patient visits to the hospital owing to the availability of diagnostic laboratories and increased research and development expenditure from government and private enterprises are also lifting the market growth in the above mentioned forecast period. The patent expiry of branded drugs and strong drug pipeline will further accelerate the expansion of the Parkinson's disease treatment market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the easy availability of alternative treatments will curb the growth of the Parkinson's disease treatment market, whereas the lack of curable drugs and various side effects coupled with some of the drugs have the potential to challenge the growth of the Parkinson's disease treatment market.
This Parkinson's disease treatment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Parkinson's disease treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Access Full Report: https://www.databridgemarketresearch.com/reports/global-parkinsons-disease-treatment-market
Global Parkinson's Disease Treatment Market Scope and Market Size
Parkinson's disease treatment market is segmented on the basis of drug class, medical devices, route of administration, distribution channel and patient care setting. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of drug class, the Parkinson's disease treatment market is segmented into levodopa/carbidopa, dopamine receptor agonists, MAO-inhibitors, COMT-inhibitors, anticholinergics, and other drugs.
On the basis of medical devices, the Parkinson's disease treatment market is segmented into deep brain stimulation (DBS) devices and carbidopa/levodopa enteral suspension (duopa) delivery devices.
On the basis of route of administration, the Parkinson's disease treatment market is segmented into oral, transdermal, subcutaneous, intestinal infusion and others.
Based on distribution channel, the Parkinson's disease treatment market is segmented into hospital pharmacies, clinics, retail pharmacies, and online pharmacies.
The patient care setting segment of Parkinson's disease treatment market is segmented into hospitals and clinics.
Parkinson's Disease Treatment Market Country Level Analysis
Parkinson's disease treatment market is analyzed and market size insights and trends are provided by country, drug class, medical devices, route of administration, distribution channel and patient care setting as referenced above.
The countries covered in the Parkinson's disease treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Parkinson's Disease Treatment Market Share Analysis
The major players covered in the Parkinson's disease treatment market report are GlaxoSmithKline plc., Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH., Impax Laboratories LLC, AbbVie Inc., Bausch Health., Lundbeck, Sun Pharmaceutical Industries Ltd., ACADIA Pharmaceuticals Inc., Merck & Co. Inc., Novartis AG, UCB S.A., Dr. Reddy's Laboratories Ltd., WOCKHARDT., F. Hoffmann-La Roche Ltd, STADA Arzneimittel AG, Orion Corporation., Mylan N.V., Cipla Inc., Par Pharmaceutical., DAIICHI SANKYO COMPANY LIMITED., and Apotex Inc, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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About Data Bridge Market Research
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Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. We ponder into the heterogeneous markets in accord with our clients' needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.
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