Market Overview

Maximize Market Research, a leading business consultancy has recently published a research report on the Alzheimer’s Therapeutics market. The market overview provides a concise synopsis of a commercial or industrial market. Its purpose is to offer a current snapshot of the market to gain a better understanding of its key features. This summary reports profile the important criteria of a market to inform further marketing activities. The overview draws information from various sources, including government departments, trade and industry associations, market publications, industry analysis, individual companies, state economic development agencies, port authorities, information brokers, and other organizations.

Market Value :

In 2022, the Alzheimer’s Therapeutics Market reached a valuation of USD 5.36 billion, setting the stage for a transformative journey. Over the next six years, the market is projected to witness an astounding CAGR of 19.3%, culminating in an estimated worth of nearly USD 18.46 billion by 2029. This unprecedented growth is fueled by a confluence of factors, including technological advancements, increasing prevalence of Alzheimer's disease, and groundbreaking research investments.

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Market Scope

The report offers a comprehensive evaluation of a specific market or industry. It encompasses an overview of key players, an analysis of the competitive landscape, an assessment of significant trends and developments, and a forecast for future growth. The market scope is determined by factors such as product, price, place, and promotion. Focused strategies are essential components of the market scope. The report provides the leading source for market data, independent perspectives, and objective analysis in today's ophthalmic markets. The STEEPLE analysis also offers an overview of the macro-environmental factors that impact an organization. Primary and secondary data are analyzed to understand the market in depth. Secondary data is collected from various reliable sources, including official databases of organizations, government sites, industry journals, white papers, annual reports, product releases from manufacturers and suppliers, and paid databases.

Market Dynamics: Unraveling the Potential

The Cholinesterase inhibitors segment, commanding a 68% market share in 2021, continues to dominate, poised for a 19.2% CAGR. These inhibitors, central to Alzheimer's treatment, are expected to witness a surge with recent advancements like ADLARITY’s (donepezil transdermal system) NDA approval.

Global Alarming Trends

On a global scale, dementia affects approximately 55 million people, with nearly 10 million new cases emerging each year. Among these, Alzheimer's claims the lion's share, accounting for 60-70% of all dementia cases. Governments and NGOs worldwide are channeling substantial resources into diagnostics and therapeutics development, propelling market growth. Initiatives like the Alzheimer's Drug Discovery Foundation's Diagnostics Accelerator, which recently unveiled four new research investments, are catalysts for innovation in Alzheimer’s diagnosis.

Segmentation

In terms of therapeutics, the market for Alzheimer's therapies was dominated in 2021 by the cholinesterase inhibitors sector, which had the biggest market share of almost 68%. By the conclusion of the projection period, the segment is predicted to continue growing at a CAGR of roughly 19.2% and to continue to dominate.

Acetylcholinesterase inhibitors, also referred to as cholinesterase inhibitors, are a class of drugs that stop acetylcholine, a neurotransmitter, from breaking down naturally. The enzyme cholinesterase, which breaks down cholinergic neurotransmitters in the body, is suppressed by cholinesterase inhibitors. Because cholinesterase inhibitors have been demonstrated to slightly delay the loss of brain function in people with mild to severe Alzheimer's disease, they are frequently used to treat symptoms related to memory, thinking, language, judgment, and other mental processes.

by Therapeutics

1.Cholinesterase Inhibitors
2.NMDA Receptor Antagonist
3.Combination Drug
4.Pipeline Drugs

by Diagnostics

1.Brain Imaging
2.CFS Test for Alzheimer's Disease

by End-user

1.Hospital Pharmacy
2.Retail Pharmacy
3.E-commerce

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Key Players

1. Bristol-Myers Squibb (United States)
2.Lannett Inc. (Unites States)
3. Corium Inc. (United States)
4. Adamas Pharmaceuticals Inc. (United States)
5. AbbVie Inc. (United States)
6. Biogen Inc. (United States)
7. Johnson & Johnson (United States)
10. Eli Lilly and Company (United States)
11. AstraZeneca PLC (United Kingdom)
12. TauRx Pharmaceuticals Ltd. (United Kingdom)
13. Siemens Healthineers (Germany)
14. Merz Pharma (Germany)
15. Hoffmann-La Roche (Switzerland)
16.Novartis AG (Switzerland)
17. AC Immune (Switzerland)
18. H. Lundbeck A/S (Denmark)
19. Daiichi Sankyo Company, Limited (Japan)
20. Eisai Co. Ltd. (Japan)
21.Zydus Cadila (India)
22. Lupin Limited (india)
23. Aurobindo Pharma Ltd. (India)
24. Cipla Ltd. (India)
25. Torrent pharmaceuticals ltd. (India)
26.Unichem laboratories ltd. (India)
27.Teva Pharmaceutical Industries Ltd. (Israel)

Regional Analysis

The regional analysis focuses on determining price and quantity in a specific product market, treating one market as independent of others. The regional analysis covers metadata that includes graphical, numerical, and textual data, showcasing market growth and forecasting periods.

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Key Questions Answered in the Alzheimer’s Therapeutics Market Report:

  • What is the definition of the Alzheimer’s Therapeutics Market?
  • What is the forecast period for the Alzheimer’s Therapeutics Market?
  • What is the competitive scenario of the Alzheimer’s Therapeutics market?
  • Which region holds the largest market share in the Alzheimer’s Therapeutics Market?
  • What are the opportunities for the Alzheimer’s Therapeutics Market?
  • What factors are affecting the growth of the Alzheimer’s Therapeutics market?
  • Who are the key players in the Alzheimer’s Therapeutics market?
  • Which company holds the largest share in the Alzheimer’s Therapeutics market?
  • What will be the compound annual growth rate (CAGR) of the Alzheimer’s Therapeutics market during the forecast period?
  • What key trends are likely to emerge in the Alzheimer’s Therapeutics market in the coming years?

Key Offerings:

  • Market Share, Size, and Revenue Forecast | 2023-2029
  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
  • Market Segmentation: Detailed analysis by Alzheimer’s Therapeutics
  • Landscape: Leading key players and other prominent participants.

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