Alzheimer?s disease Treatment Market: Global Market Estimation, Dynamics, Region

Posted by SAI987 on April 3rd, 2018

Alzheimer’s disease is a neurodegenerative disorder that attacks the brain’s nerve cells, or neurons, leading to cell death and degeneration. The most common symptoms of Alzheimer’s disease are the memory loss, incognition, disorientation, behavioural changes, personality changes, and trouble in speaking and writing. The Alzheimer’s disease (AD) mainly occurs in the adults with aging mid-sixties, which leads to 60% to 70% of cases of dementia. The major causes of Alzheimer’s disease are genetic disorders and the disease process associated with plaques and tangles in the brain. The diagnostic test for Alzheimer’s disease includes cognitive testing with medical imaging and blood tests.  Alzheimer’s disease risks can be overcome by mental and physical exercise and avoiding obesity.

The global Alzheimer’s disease treatment market is expected to grow at a significant CAGR due to increase in the prevalence of Alzheimer’s disease. According to World Health Organisation, escalation of the geriatric population leads to increase in Alzheimer’s disease cases, which in turn affect the Alzheimer’s disease treatment market positively over the forecast period. Apart from this, increase in healthcare spending and R&D investments in the global Alzheimer’s research, expiration of patents, and entry of new generics into the market expected to fuel the growth of Alzheimer’s disease treatment market. Similarly, the discovery of new disease modifying drugs, and presence of vast last-stage pipeline drugs expected to boost the growth of Alzheimer’s disease treatment market over the forecast period. However, the limited number of treatment options for Alzheimer’s disease in the market, challenges in precise diagnosis and even detection of Alzheimer’s disease, and lack of funding from government in developing economies for research might hamper the growth of global Alzheimer’s disease treatment market over the forecast period. Moreover, the high degree of research failure and uncertainty within the research and development of Alzheimer’s disease treatment drugs might hinder the growth of Alzheimer’s disease treatment market.

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