Alzheimer’s
disease is a neurological disorder of the brain which is progressive and
ultimately leads to loss of neurons. This condition leads to loss of memory and
reasoning abilities. Currently, there is no treatment for Alzheimer’s, although
there are certain ways of slowing down its progression. Physicians generally
prescribe neurotransmitters like cholinesterase inhibitors, memantine, etc. to
slow down the advancement of disease and improve some symptoms such as
insomnia, depression, anxiety and agitation.
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The
global Alzheimer’s drugs market is expected to show a sluggish growth in coming
years due to lack of significant facilities for disease diagnosis and
treatment. North America held the majority of market share covering more than
half of the market. However, this market has immense growth opportunities in
the emerging economies of Asia-Pacific such as India, China, Russia and
Australia due to prevalence of unmet medical needs. The increase in aging
population serves as a major driver of Alzheimer’s drugs and treatment market.
Unmet medical needs had led to the focus on the area of research and
development which ultimately results in new product introduction and hence
contributes to the market growth.
Early
diagnosis of Alzheimer’s disease is not possible and there is a strong need of
early detection techniques. Expiry of several patents could pose a serious
threat in the growth of this market. Some of the major players in the
Alzheimer’s drugs market include companies such as Forest Laboratories, Inc.,
Eisai Co., Ltd., H. Lundbeck A/S., Novartis AG, Pfizer Incorporation and
others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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on Pharmaceutical Markets: http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html
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