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Anti-Parkinson Drugs Market, Consumption, Production, Imports, Exports, Company Analysis, 2024-2033
Anti-Parkinson Drugs Global Market
The Business Research Company's Anti-Parkinson Drugs Global Market Report 2024 identifies increasing geriatric population and surging cases of Parkinson's disease (PD) as the major driver for the Anti-Parkinson Drugs market's growth in the forecast period. PD commonly occurs in people over the age of 60 cases of Parkinson's disease (PD) are projected to drive the demand for the anti-Parkinson drugs market. PD commonly occurs in people over the age of 60.
The anti-parkinson drugs market size has grown strongly in recent years. It will grow from $9.73 billion in 2023 to $10.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to aging population, increasing disease prevalence, healthcare infrastructure, advancements in research.
The anti-parkinson drugs market size is expected to see strong growth in the next few years. It will grow to $13.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growing awareness, biotechnological advancements, emerging markets. Major trends in the forecast period include investment in r&d, personalized medicine, disease-modifying therapies, drug repurposing, telemedicine and remote monitoring, biosimilars, research collaborations.
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Major competitors in the Anti-Parkinson Drugs market are GlaxoSmithKline PLC, Pfizer Inc., Merck Co., Novartis AG, F. Hoffmann-La Roche AG, UCB S.A, Teva Pharmaceutical Industries Ltd., AbbVie Inc., Mylan NV, C.H. Boehringer Sohn AG & Co. KG, Orion Pharma Ltd.
A key trend in the Anti-Parkinson Drugs market includes Innovative Advancements. Major companies operating in the anti-Parkinson drugs market are focusing on innovating products, such as Safinamide, to provide reliable services to customers. Safinamide is used as an anti-Parkinson drug for the treatment of Parkinson disease and to improve the quality of life of patients.
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The Anti-Parkinson Drugs market is segmented -
1) By Drugs Class: Levodopa/Carbidopa, Dopamine Receptor Agonists, Monoamine Oxidase Type B (MAO-B) Inhibitors, Catechol-O-Methyltransferase (COMT)-inhibitors, Anticholinergics, Other Drugs
2) By Route of Administration: Oral, Injection, Transdermal
3) By Distribution Channel: Hospital Pharmacies, Retailer Pharmacies, Online Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Anti-Parkinson Drugs market.
The Business Research Company's "Global Anti-Parkinson Drugs Market Report 2024" 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 Anti-Parkinson Drugs Market Include:
1. Executive Summary
2. Anti-Parkinson Drugs Market Characteristics
3. Anti-Parkinson Drugs Market Trends And Strategies
4. Anti-Parkinson Drugs Market - Macro Economic Scenario
5. Global Anti-Parkinson Drugs Market Size and Growth
……
31. Global Anti-Parkinson Drugs Market Competitive Benchmarking
32. Global Anti-Parkinson Drugs Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Anti-Parkinson Drugs Market
34. Anti-Parkinson Drugs Market Future Outlook and Potential Analysis
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Anti-Parkinson Drugs Market Overview
Exhibiting robust growth, the anti-parkinson drugs market is set to escalate from $9.73 billion in 2023 to $10.43 billion in 2024, with a notable Compound Annual Growth Rate (CAGR) of 7.2%. The trajectory continues on an upward trend, with an anticipated market size of $13.36 billion by 2028, sustaining a robust CAGR of 6.4%.
Increasing Geriatric Population Driving Demand:
The burgeoning geriatric population, coupled with a surge in Parkinson's disease cases,…
