Alzheimer’s Drugs Market Globally Expected to Drive Growth through 2025
The Global Alzheimer’s Drugs Market, by Drug (Donepezil, Rivastigmine, Galantamine and Memantine) by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and e-Commerce) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 7 billion in 2016 and is projected to exhibit a CAGR of 9.5% over the forecast period (2017 – 2025), as highlighted in a new report published by Coherent Market Insights. The Alzheimer’s drugs market is expected to gain significant traction with the increasing innovations in development of novel drugs by the manufacturers and increased government funding for research on Alzheimer’s pathophysiology to develop treatment and diagnosis of Alzheimer’s disease.
The Global Alzheimer’s Drugs Market, by Drug (Donepezil, Rivastigmine, Galantamine and Memantine) by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and e-Commerce) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 7 billion in 2016 and is projected to exhibit a CAGR of 9.5% over the forecast period (2017 – 2025), as highlighted in a new report published by Coherent Market Insights. The Alzheimer’s drugs market is expected to gain significant traction with the increasing innovations in development of novel drugs by the manufacturers and increased government funding for research on Alzheimer’s pathophysiology to develop treatment and diagnosis of Alzheimer’s disease.
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Global <strong>Alzheimer’s</strong> <strong>Drugs</strong> <strong>Market</strong> -<br />
GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />
OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-<br />
<strong>2025</strong><br />
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION<br />
Global <strong>Alzheimer’s</strong> <strong>Drugs</strong> <strong>Market</strong> – Overview<br />
Increasing prevalence of <strong>Alzheimer’s</strong> disease <strong>to</strong> drive growth of the <strong>Alzheimer’s</strong> drugs market worldwide<br />
Increasing prevalence and incidence of <strong>Alzheimer’s</strong> disease worldwide is expected <strong>to</strong> drive the growth of<br />
<strong>Alzheimer’s</strong> disease therapeutics market. According <strong>to</strong> World Alzheimer Report in 2016, an estimated 46.5 million<br />
people were suffering from <strong>Alzheimer’s</strong> disease and the number is projected <strong>to</strong> reach 50 million by 2017, every<br />
three second there is new patient of <strong>Alzheimer’s</strong> disease worldwide.<br />
Increasing age and aging global population are major risk fac<strong>to</strong>rs for <strong>Alzheimer’s</strong>, which increase the disease<br />
incidence and provide growth opportunity for <strong>Alzheimer’s</strong> treatment market. For instance, according <strong>to</strong> World<br />
Population Prospects (WPP) published by United Nations in 2017, an estimated 962 million people are of age 60 or<br />
above, which accounted for 13 per cent of the global population. The number is projected <strong>to</strong> reach 1.4 billion by<br />
2030, growing with annual rate of 3 percent. Europe currently has highest geriatric population (25% of population),<br />
Asia Pacific had geriatric population of 547 million people and it is projected <strong>to</strong> reach 900 million by <strong>2025</strong>,<br />
therefore these regions have potential opportunity for growth of the market. India has more than 1 million cases of<br />
<strong>Alzheimer’s</strong> disease annually. North America holds dominant position in the <strong>Alzheimer’s</strong> disease therapeutics<br />
market with estimated 5.5. Mn patients in 2017. The robust healthcare infrastructure in the region, and the region<br />
being an early adopter of novel technologies, positions it as a major market for <strong>Alzheimer’s</strong> disease.<br />
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REPORT DESCRIPTION<br />
Global <strong>Alzheimer’s</strong> drugs market Taxonomy:<br />
Global <strong>Alzheimer’s</strong> <strong>Drugs</strong> <strong>Market</strong>, By <strong>Drugs</strong>:<br />
●<br />
●<br />
●<br />
●<br />
Donepezil<br />
Rivastigmine<br />
Galantamine<br />
Memantine<br />
Global <strong>Alzheimer’s</strong> <strong>Drugs</strong> <strong>Market</strong>, By Distribution Channel:<br />
●<br />
●<br />
●<br />
Hospital Pharmacies<br />
Retail Pharmacies<br />
e-Commerce<br />
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research methodology adopted for it.<br />
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REPORT DESCRIPTION<br />
Global <strong>Alzheimer’s</strong> drugs market Taxonomy:<br />
Global <strong>Alzheimer’s</strong> <strong>Drugs</strong> <strong>Market</strong>, By Geography:<br />
North America<br />
Latin America<br />
Europe<br />
Asia Pacific<br />
Middle East<br />
Africa<br />
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REPORT DESCRIPTION<br />
Global <strong>Alzheimer’s</strong> drugs market: Key Players<br />
Major players involved in the global <strong>Alzheimer’s</strong> drugs market include:<br />
●<br />
Pfizer, Inc.<br />
●<br />
Janssen Pharmaceutical<br />
●<br />
Novartis International AG<br />
●<br />
Eisai Co. Ltd.<br />
●<br />
Lundbeck A/S<br />
●<br />
Teva Pharmaceuticals Industries Ltd.<br />
●<br />
Eli Lilly and Company<br />
●<br />
TauRx Pharmaceuticals Ltd<br />
●<br />
VTV Therapeutics<br />
●<br />
Hoffman-La Roche Ltd.<br />
●<br />
AstraZeneca plc<br />
●<br />
AC Immune.<br />
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