Parkinson's Disease Therapeutics Market is expected to reach US$ 10.23 billion by 2031, growing at a CAGR of 8.0% | AbbVie Inc., Acadia Pharmaceuticals Inc., ZAMBON COMPANY S.P.A.

The Global Parkinson's Disease Therapeutics market reached US$ 5.51 billion in 2023 and is expected to reach US$ 10.23 billion by 2031, growing at a CAGR of 8.0% during the forecast period 2024-2031.

Parkinson's Disease Therapeutics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Parkinson's disease therapeutics focus on managing symptoms and slowing disease progression in patients with this neurodegenerative disorder. Current treatments include dopamine replacement therapy, deep brain stimulation, and emerging gene and cell-based therapies. Researchers are exploring neuroprotective drugs to prevent neuronal degeneration. Advances in biomarker identification may improve early diagnosis and treatment effectiveness. Despite available treatments, Parkinson's remains incurable, highlighting the need for continued innovation in therapeutics.

List of the Key Players in the Parkinson's Disease Therapeutics Market:

AbbVie Inc., Acadia Pharmaceuticals Inc., ZAMBON COMPANY S.P.A., Eisai Co., Ltd., Acorda Therapeutics, Inc., Teva Pharmaceutical Industries Ltd., Kyowa Kirin Co., Ltd., Novartis AG, Boehringer Ingelheim International GmbH and Bausch Health Companies Inc.

Industry Development:

In September 2024, AbbVie reported positive topline results from its pivotal Phase 3 TEMPO-1 trial evaluating tavapadon as a monotherapy for early Parkinson's disease. Tavapadon, an investigational D1/D5 dopamine receptor partial agonist, is being developed as a once-daily treatment for the condition.

Growth Forecast Projected:

The Global Parkinson's Disease Therapeutics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Parkinson's Disease Therapeutics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Parkinson's Disease Therapeutics Market:

By Disease Type: Familial Parkinson's Disease, Idiopathic Parkinson's Disease, Induced Parkinsonism.

By Treatment: Medications, Deep Brain Stimulation Systems, Others.

By Route of Administration: Oral, Transdermal, Intravenous, Others.

By Sales Channel: Distribution Channel, End-User.

Regional Analysis for Parkinson's Disease Therapeutics Market:

The regional analysis of the Parkinson's Disease Therapeutics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Parkinson's Disease Therapeutics market?

➠ Who are the leading manufacturers in the global Parkinson's Disease Therapeutics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Parkinson's Disease Therapeutics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Parkinson's Disease Therapeutics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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