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Lewy Body Dementia Treatment Market 2023 - By Analysis, Trend, Future Scope, Demand, Leading Key Players And Industry Growth Forecast Till 2032
Lewy Body Dementia Treatment Market
The Business Research Company's Lewy Body Dementia Treatment Global Market Report 2023 identifies rising prevalence of brain-related disorders as the major driver for the Lewy Body Dementia Treatment market's growth in the forecast period. Brain disorders refer to any disorder that impairs brain function. The impairment can be mild, moderate, or severe, depending on the extent of brain damage. Lewy body dementia treatment is used to treat brain disorders like hallucinations, confusion, and drowsiness by increasing brain chemicals to improve alertness and cognition.
The global lewy body dementia treatment market size is expected to grow from $3.90 billion in 2022 to $4.16 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lewy body dementia treatment market size is expected to reach $5.2 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the Lewy Body Dementia Treatment market are Mallinckrodt Pharmaceuticals, BioArctic AB, Sumitomo Pharma Co. Ltd., Jazz Pharmaceuticals Inc., Allergan Plc.
A key trend in the Lewy Body Dementia Treatment market includes product innovation. Major companies operating in lewy body dementia treatment are focused on developing innovative solutions to strengthen their position in the market. For instance, in January 2023, Biogen Inc., a US-based multinational biotechnology company, developed its new medicine, lecanemab, which is a humanised monoclonal antibody. This medicine is used to treat Alzheimer's disease, which is part of the disease in Lewy body dementia. The main unique benefit of lecanemab is that it reduces the levels of brain amyloid. It treats the brain and clears the amyloid plaques thought to cause cognitive impairment and dementia in Alzheimer's disease.
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The Lewy Body Dementia Treatment market is segmented -
• By Drug Type: Antidepressants, Antipsychotic Drugs, Benzodiazepine, Carbidopa-Levodopa, Cholinesterase inhibitors, Modafinil
• By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies, Other Distribution Channels
• By Application: Alzheimer's disease, Dementia, Parkinson's disease
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Lewy Body Dementia Treatment market.
The Business Research Company's "Global Lewy Body Dementia Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Lewy Body Dementia Treatment Market Include:
1. Executive Summary
2. Lewy Body Dementia Treatment Market Characteristics
3. Lewy Body Dementia Treatment Market Trends And Strategies
4. Lewy Body Dementia Treatment Market - Macro Economic Scenario
5. Lewy Body Dementia Treatment Market Size And Growth
……………………………………..
26. Africa Lewy Body Dementia Treatment Market
27. Lewy Body Dementia Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lewy Body Dementia Treatment Market
29. Lewy Body Dementia Treatment Market Future Outlook and Potential Analysis
30. Appendix
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