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Blood Brain Barrier Technologies Market Is At A CAGR Of 7.5% During The Forecast 2022-2032 | Allon Therapeutics, Angiochem , Armagen Technologies

12-28-2023 08:30 AM CET | Health & Medicine

Press release from: Global Insight Services

The global Blood-Brain Barrier Technologies Market was valued at USD 4.8 Billion in 2022 and it is anticipated to grow up to USD 9.9 Billion by 2032, at a CAGR of 7.5% during the forecast period.

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Blood-brain barrier (BBB) is one of the main components of the neurovascular unit and serves as the blood-brain interface to mediate communication between the central nervous system and the periphery. It prevents pathogens and toxic chemical compounds from entering the brain, and thus, protects the brain against several blood-borne disorders. Blood-brain barrier is formed by the capillary wall's endothelial cells, astrocytes, and pericytes, which are present in the capillary basement membrane. The blood-brain barrier also helps in blocking the flow of chemical compounds from the circulatory system to the brain or cerebrospinal fluid.

Market Trends and Drivers

Growing awareness regarding neurological disorders, increasing healthcare expenditure, advancements in medical technology, and increasing investment in blood-brain barrier technology development are some key factors driving market revenue growth. Blood-brain barrier plays an essential role in protecting the brain from harmful compounds and blood-borne disorders. It blocks the flow of compounds from circulatory systems to the Cerebrospinal Fluid (CSF) or brain by exchanging particular components controlled by BBB or blood CSF barrier. This makes treatment for brain disorders complex due to the specialized uptake of drugs by the blood-brain barrier. Recent advancements in drug delivery techniques enable drugs to be transferred directly to cerebrospinal fluids. There are several approaches to create a passage for delivering drugs to the brain such as passive diffusion and bispecific antibody RMT approach, Trojan horse approach, and increasing permeability. In Trojan horse approach, the drug is merged to a molecule that is able to cross the blood-brain barrier through a transporter protein.

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Major Players in the Global Blood-Brain Barrier Technologies Market

The key players in the Blood-Brain Barrier Market are Allon Therapeutics, Inc., Angiochem Inc., Armagen Technologies, Inc., Bristol-Myers Squibb, BiOasis Technologies, Inc., Sanofi Genzyme, CarThera, Cephalon Inc., Nanomerics, and F. Hoffman La-Roche AG., among others.

COVID-19 Impact

Social distancing and restrictions severely disrupted businesses and operations. Lockdowns caused disruptions in transportation and logistics. Impacted manufacturing activities and mining operations globally. Took a toll on economy of various countries. Caused sudden and drastic downturn in economic activity. Disrupted agriculture, fisheries, dairy, and other sectors. Caused loss of employment and financial crisis. Supply impacts were further compounded owing to reduced disposable income. Emergence of variants continue to cause concerns and impact normal routines.

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Global Blood-Brain Barrier Market Segmentation

By Technology

Bispecific Antibody RMT Approach
Trojan Horse Approach
Increasing Permeability
Passive Diffusion
Others

By Application

Alzheimer Disease
Epilepsy
Parkinson Disease
Multiple Sclerosis
Hunter Syndrome
Brain Cancer

By End-use

Hospitals
Surgical centers
Research Institutes
Others

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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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