Press release
Parkinson's Disease Treatment Market to Witness Substantial Growth USD 7.74 billion, with a Dynamic 6.2% Growth Rate by 2030 | Key Players- Abbvie Inc, Acadia Pharmaceuticals Inc,Apotex Inc
The progressing ecological elements and genetic tendencies have been influential factors in the increasing growth and revenue of the Parkinson's disease treatment industry. Based on drug class analysis, the MAO-inhibitors segment accounted for the highest share. By region, North America spearheaded the market.๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ฌ:
โข The global Parkinson's disease treatment market was valued at USD 4.55 billion in 2021 and is expected to grow to USD 7.74 billion by 2030.
โข The market is anticipated to exhibit a CAGR of 6.2% during the forecast period.
โข The market is mainly segmented on the basis of drug class, distribution channel, route of administration, patient care setting, and region.
โข North America accounted for the largest market share.
๐๐๐ญ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-parkinsons-disease-treatment-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Medicines may assist in handling issues with walking, gestures, and trembling. These medications escalate or relieve dopamine. Persons with Parkinson's disease have degraded levels of brain dopamine. However, dopamine cannot be administered instantly as it can penetrate the brain. One may have notable enhancement of indications subsequent to commencing of Parkinson's disease treatment. But as time passes, the advantages of medicines often shrink or become least congruous. One can normally yet regulate the indications well. Levodopa is the most efficacious Parkinson's disease medicine, is an organic chemical that traverses into the brain and is transformed to dopamine.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
Prominent players are acquiring programs such as mergers & acquisitions and associations for regional augmentation and a considerable market share. Key companies in the Parkinson's disease treatment market are mentioned below:
โข Abbvie Inc.
โข Acadia Pharmaceuticals Inc.
โข Apotex Inc.
โข Axovant Gene Therapies Ltd.
โข Boehringer Ingelheim GmbH
โข Bausch Health Companies Inc.
โข Boston Scientific Corp.
โข Cipla Inc.
โข Daiichi Sankyo Espha Co.
โข Ltd.
โข Eli Lilly & Co.
โข Eisai Co. Ltd.
โข F. Hoffmann-La Roche AG
โข GlaxoSmithKline Plc
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ฐ ๐๐จ๐ซ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/global-parkinsons-disease-treatment-market/inquire-before-buying
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
The Parkinson's disease treatment market is expected to surge due to the robust pipeline of contemporary medicines for the condition. For instance, in October 2021, Appello Pharmaceuticals Inc., a diagnostic and remedial firm committed to detecting contemporary premature drug targets for patients with neurological illnesses, commenced phase 1 clinical studies of a Parkinson's disease possibility drug configured at Warren Center for Neuroscience Drug Discovery.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Parkinson's Disease Treatment, Drug Class Outlook (Revenue - USD Billion, 2018 - 2030)
โข Levodopa/carbidopa
โข Dopamine Receptor Agonists
โข MAO-Inhibitors
โข COMT-inhibitors
โข Anticholinergics
โข Other Drugs
Parkinson's Disease Treatment, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
โข Hospital Pharmacies
โข Retail Pharmacies
โข Online Pharmacies
Parkinson's Disease Treatment, Route of Administration Setting Outlook (Revenue - USD Billion, 2018 - 2030)
โข Oral
โข Subcutaneous
โข Transdermal
โข Others
Parkinson's Disease Treatment, Patient Care Setting Outlook (Revenue - USD Billion, 2018 - 2030)
โข Clinics
โข Hospitals
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/global-parkinsons-disease-treatment-market
๐๐๐ซ๐ค๐ข๐ง๐ฌ๐จ๐ง'๐ฌ ๐๐ข๐ฌ๐๐๐ฌ๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข COMT-inhibitors are anticipated to grow at the highest CAGR over the forecast period. Levodopa (LD) therapy has been shown to benefit from the addition of COMT inhibitors since they enhance LD bioavailability and prolonged LD elimination in Parkinson's patients. To increase their use and demand, COMT inhibitors must demonstrate their benefits.
โข Hospital segment records significant revenue share because therapy and treatments can be delivered on-site. Reducing the necessity for pharmacy visits and increasing the use of hospital settings.
โข Asia-Pacific is expected to hold the fastest CAGR over the forecast period. This is expanding due to increased healthcare organizations and Parkinson's disease prevalence. Additionally, the region's growing senior population impacts the market for these disease treatments.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Refurbished Medical Imaging Equipment Market: https://www.polarismarketresearch.com/industry-analysis/refurbished-medical-imaging-equipment-market
Histology And Cytology Market: https://www.polarismarketresearch.com/industry-analysis/histology-cytology-market
Scar Treatment Market: https://www.polarismarketresearch.com/industry-analysis/scar-treatment-market
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