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Alzheimer's Disease Treatment Global Market 2024 - Key Drivers, Growth Factors, Technological Development And Forecast To 2033
Alzheimer's Disease Treatment Global Market
As per the report, the alzheimer's disease treatment market size has grown strongly in recent years. It will grow from $5.93 billion in 2023 to $6.41 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The alzheimer's disease treatment market size is expected to see strong growth in the next few years. It will grow to $8.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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Rising Prevalence Of Alzheimer's Disease Fuels Growth In The Alzheimer's Disease Treatment Market
The increasing cases of Alzheimer's are a major factor contributing to the growth of the alzheimer's disease treatment market. Alzheimer's is the most common type of dementia. The USA Alzheimer's Association expects that all the states in the US are projected to face a rise of at least 14% in the number of Alzheimer's patients by 2025 due to the increase in the geriatric population. At the global level, the estimated new cases of Alzheimer's are expected to grow by 35% to 615,000 by 2030, and by 110% to 959,000 by 2050. Therefore, the increasing prevalence of alzheimer's disease is expected to drive the demand of the growth of global alzheimer's disease treatment market.
Increasing R&D Investments And Collaborations Drive Advancements In Alzheimer's Disease Treatment Market
Increasing R&D investments and collaborations because of emerging treatment technologies is the alzheimer's disease (AD) treatment market key trends. The Alzheimer's Association is assisting with funds to researchers in search of innovative therapeutic approaches and seeks more government funding for Alzheimer's studies. Technologies such as β-site amyloid precursor protein cleaving enzyme 1 (BACE1) inhibitors and anti-amyloid inhibitors are emerging in the AD market. For instance, Comentis and Astellas collaborated and entered the BACE inhibitor field with their peptidomimetic series. Manufacturing firms such as AC Immune, Adamas Pharmaceuticals, INmune Bio, Intra-Cellular Therapies, and vTv Therapeutics are focusing more on R&D investments with their research molecules in clinical trials to achieve a breakthrough in the treatment of alzheimer's disease.
The alzheimer's disease treatment market covered in this report is segmented -
1) By Drug Class: Cholinergic, Memantine, Combined Drug, AChE inhibitors, Immunoglobulins
2) By Drug Type: Cholinesterase Inhibitors, NMDA Receptor Antagonists
3) By Therapeutics: Cholinesterase Inhibitors, NMDA Receptor Antagonists, Other Therapeutics
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Major companies operating in the alzheimer's disease treatment market report are Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Bristol-Myers Squibb Company, AstraZeneca plc, Merck Sharp & Dohme Corp., Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., Biogen Inc., UCB S.A., Eisai Co. Ltd., Forest Laboratories LLC, Ono Pharmaceutical Co. Ltd., H. Lundbeck A/S, Allergan plc, Merz Pharma GmbH & Co. KGaA, Luye Pharma Group, Avanir Pharmaceuticals Inc., Denali Therapeutics Inc., Athira Pharma Inc., ProMIS Neurosciences Inc., AC Immune SA, vTv Therapeutics Inc., AB Science SA, TauRx Pharmaceuticals Ltd., Alzheon Inc.
Contents of the report:
1. Executive Summary
2. Alzheimer's Disease Treatment Market Report Structure
3. Alzheimer's Disease Treatment Market Trends And Strategies
4. Alzheimer's Disease Treatment Market - Macro Economic Scenario
5. Alzheimer's Disease Treatment Market Size And Growth
…..
27. Alzheimer's Disease Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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