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In-Depth Analysis of the Neuroprotection Market: Growth, Segmentation, and Trends | F. Hoffmann-La Roche AG, Eli Lilly and Company, Novartis AG, AstraZeneca, Teva Pharmaceutical Industries Ltd
Neuroprotection Market is expected to grow at a CAGR of 8.2% during the forecast period 2024-2031Neuroprotection 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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Neuroprotection refers to strategies or treatments aimed at preventing or slowing the progression of neurodegenerative diseases or damage to the nervous system. It involves safeguarding neurons (nerve cells) from injury, degeneration, or death, typically due to conditions such as Alzheimer's disease, Parkinson's disease, stroke, multiple sclerosis, or traumatic brain injury. Neuroprotective therapies can include pharmaceutical drugs, lifestyle interventions, or other approaches designed to reduce inflammation, oxidative stress, or other factors that contribute to neuronal damage. The goal of neuroprotection is to preserve brain function, improve quality of life, and slow disease progression.
List of the Key Players in the Neuroprotection Market:
F. Hoffmann-La Roche AG, Eli Lilly and Company, Novartis AG, AstraZeneca, Teva Pharmaceutical Industries Ltd., Biogen, Astrocyte Pharmaceuticals, Inc., AbbVie Inc., Medtronic, Merck KGaA
Mergers & Acquisitions
For instance, in Oct 26, 2021, Teva Pharmaceuticals Industries Ltd. Announced its strategic collaboration with MODAG GmbH on worldwide exclusive licensing and development of anle 138b, a lead compound of MODAG and sery433, a related compound. Anle 138b is a small molecule candidate targeting disease modification for several neurological disorders, including multiple system atrophy.
Industry Development:
For example, on July 5, 2022, Biogen Inc. and Eisai Co. Ltd. from Tokyo and Cambridge announced that their Biologics License Application (BLA) for lecanemab, an investigational anti-amyloid beta (Aβ) protofibril antibody, was accepted by the U.S. Food and Drug Administration. This antibody is being developed for the treatment of mild cognitive impairment and mild Alzheimer's disease (AD) with amyloid pathology in the brain.
Growth Forecast Projected:
The Global Neuroprotection 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 Neuroprotection 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 Neuroprotection Market:
By Product: Anti-inflammatory Agents, Antioxidants, Anti-apoptotic, Anti-excitotoxic, Pro-mitochondrial
By Application: Prevention, Treatment
Regional Analysis for Neuroprotection Market:
The regional analysis of the Neuroprotection 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 Neuroprotection market?
➠ Who are the leading manufacturers in the global Neuroprotection 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 Neuroprotection 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 Neuroprotection market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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