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Blood Brain Barrier Technologies Market Insights, Analysis Report 2024-2033: Strategic Examination
Blood Brain Barrier Technologies Market Insights
As per the report, the blood brain barrier technologies market size has grown exponentially in recent years. It will grow from $1.23 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 27.8%. The blood brain barrier technologies market size is expected to see exponential growth in the next few years. It will grow to $4.20 billion in 2028 at a compound annual growth rate (CAGR) of 27.9%.
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The Increasing Incidence Of Neurological Diseases Enhanced Blood Brain Barrier Technologies Market
The rising incidence of neurological diseases is expected to propel the growth of the blood brain barrier technologies market going forward. Neurological diseases refer to the conditions that affect the central and peripheral nervous systems, including the brain, spinal cord, cranial nerves, peripheral nerves, nerve roots, autonomic nervous system, neuromuscular junction, and muscles. The prevalence of neurological diseases is increasing due to factors such as an aging population, improved diagnostic techniques, and lifestyle changes leading to higher-risk factors like obesity and sedentary behavior. Blood-brain barrier technology plays a crucial role by enhancing drug delivery to the brain, overcoming one of the major challenges in treating neurological disorders, and thus significantly contributing to addressing the rising incidence of these diseases. For instance, in December 2022, according to the Parkinson's Foundation, a US-based national organization that funds research and provides educational resources to Parkinson's disease patients and caregivers, there were 90,000 people diagnosed with Parkinson's disease in the U.S. This represents a steep 50% increase from2021. Therefore, the rising incidence of neurological diseases is driving the growth of the blood brain barrier technologies market.
Advancements In Blood-Brain Barrier Technologies Innovating Drug Delivery For Neurological Disorders
Major companies operating in the blood-brain barrier technologies market are focused on developing innovative, patented technology to enhance drug delivery to the brain. This patented technology represents a significant advancement in overcoming the challenges associated with delivering therapeutics to the brain, offering promising prospects for addressing unmet medical needs in neurology. For instance, in November 2022, BioArctic AB, a Sweden-based biopharma research company, was granted a new patent by the US Patent and Trademark Office (USPTO). This patent covers an innovative technology that enhances the transport of biopharmaceuticals across the blood-brain barrier, part of BioArctic's Brain Transporter patent portfolio, aiming to improve drug efficacy by overcoming the brain's natural protective barrier.
The blood brain barrier technologies market covered in this report is segmented -
1) By Technology: Bispecific Antibody Receptor-Mediated Transcytosis (RMT) Approach, Trojan Horse Approach, Increasing Permeability, Passive Diffusion, Other Technologies
2) By Application: Alzheimers Disease, Epilepsy, Parkinsons Disease, Multiple Sclerosis, Hunters Syndrome, Brain Cancer, Other Applications
3) By End-User: Hospitals, Surgical Centers, Research Institutes, Other End-Users
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Major companies operating in the blood brain barrier technologies market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Bristol Myers Squibb, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Bayer AG, Biogen Inc., Eisai Co. Ltd., Alnylam Pharmaceuticals Inc., JCR Pharma Co. Ltd., Genentech Inc., Denali Therapeutics Inc., Voyager Therapeutics Inc., Fujifilm Cellular Dynamics Inc., Angiochem Inc., Ossianix Inc., ArmaGen Inc., BiOasis Technologies Inc., BioArctic AB
Contents of the report:
1. Executive Summary
2. Blood Brain Barrier Technologies Market Report Structure
3. Blood Brain Barrier Technologies Market Trends And Strategies
4. Blood Brain Barrier Technologies Market - Macro Economic Scenario
5. Blood Brain Barrier Technologies Market Size And Growth
…..
27. Blood Brain Barrier Technologies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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