Progressive numbers of neurological disorders along with escalating demand for drugs to control of Alzheimer Disease facilitating the growth of the market
Date: 8 December 2015
According to recently published Azoth Analyticsreport “Global Alzheimer’s Drug Market: Trends, Opportunities and Forecasts(2015-2020) - (By Type - Imaging, Therapeutics, Diagnostics, Biomarkers; ByAge: <65 years, >65 years; By Region; Global Dementia Market)”, global Alzheimer’s market is forecast to growat a CAGR of more than 8.54% during 2015 – 2020, on account of rise in ageingpopulation, modern lifestyle negatively impacting human health and lack ofproper medical ailment. Moreover increase in awareness among people regardingthis disease may reduce propelling growth of this degenerative disorder. In addition,expansion plans and investments are anticipated to boost the GlobalAlzheimer’s Disease Marketduring 2015-20.
In terms of segmentation, market is categorized ByTherapeutics, By Diagnostics and Biomarkers, By Imaging Sector, By Patient andBy Drugs. Although, Asia Pacific Region is anticipated to lead the revenuecontribution to the Global Alzheimer’s Market, Europe is also expected towitness a higher growth rate till 2020.
“With the industry witnessing robust expansionplans, it is anticipated that the Global Alzheimer’s market will exhibit higherCAGR in the forecast period as well. Rise in healthcare expenditure in currentmarket scenario and increasing investment in Research and Development worldwideis anticipated to make the industry more competitive and dynamic.
“Global Alzheimer’s Drug Market: Trends,Opportunities and Forecasts (2015-2020) - (By Type - Imaging, Therapeutics,Diagnostics, Biomarkers; By Age: <65 years, >65 years; By Region; GlobalDementia Market)” report has analysed the potential of Alzheimer’s marketand provides statistics and information on market size, shares and trends. Thereport intends to provide cutting-edge market intelligence and help decisionmakers take sound investment evaluation. Besides, the report also identifiesand analyses the emerging trends along with major drivers, challenges andopportunities in the Global Alzheimer’s market. Additionally, the report alsohighlights emergent market entry strategies for various companies across theglobe.