Cognitive and Memory Enhancer Drugs Market Opportunity Assessment and ForecastPosted by sanjayhande on December 9th, 2019 Increased geriatric population, rise in patients suffering from neurodegenerative disorders, and surge in awareness about the use of smart drugs are expected to propel the growth in the global cognitive and memory enhancer drugs market Allied Market Research recently published a report, titled, "Cognitive and Memory Enhancer Drugs Market by Product (Aricept, Razadyne, Namenda, Exelon, Provigil, Ritalin, and Adderall) and Application (Disease Treatment, Academic Performance, and Athletic Performance): Global Opportunity Analysis and Industry Forecast, 2017-2023". The research offers a comprehensive analysis of the industry dynamics, top investment pockets, key strategic moves, major market segments, and competitive landscape. According to the report, the global cognitive and memory enhancer drugs market accounted for .02 billion in 2017, and is expected to reach .59 billion by 2023, registering a CAGR of 8.6% from 2017 to 2023. Click Here To Access The Sample Report @ https://www.alliedmarketresearch.com/request-sample/4556 High percentage of aging population that is prone to neurological disorders, increase in neurodegenerative disorders, and surge in awareness regarding benefits of smart drugs including improved physical and mental performance have boosted the growth in the global cognitive and memory enhancer drugs market. However, ethical issues related to the consumption of such drugs hamper the market growth. On the contrary, effective strength of the drugs is expected to create lucrative opportunities for the market players in the near future. Namenda governs the industry: Academic performance segment to manifest fastest growth by 2023: Asia-Pacific to register highest CAGR through 2023: Asia-Pacific region is expected to register the fastest CAGR of 9.6% during the forecast period, owing to rise in geriatric population and high prevalence of cognitive diseases, especially in affluent countries of the region. However, North America dominated the market in terms of revenue in 2017, contributing more than one-third of the market share, owing to rise in patients suffering from Alzheimer's disease and increase in healthcare expenditure due to long term care for these patients. Moreover, cognitive and memory enhancer drugs have gained popularity among college students to improve memory, focus, and mental energy. The other regions such as Europe and Latin America, Middle East and Africa (LAMEA) are analyzed in the report. Major market players
Obtain Report Details: https://www.alliedmarketresearch.com/cognitive-and-memory-enhancer-drugs-market About Us: We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Like it? Share it!More by this author |