Alzheimer’s Drug Market Growth, Demand and Analysis of Key Players- Research Forecasts to 2021


Posted October 3, 2017 by virajpatil94

Global Alzheimer’s Drug market is expected to grow at a positive CAGR in the upcoming years.

 
Global Alzheimer’s Drug market is expected to grow at a positive CAGR in the upcoming years. Alzheimer’s disease is the most common form of dementia. It is a chronic neurodegenerative disease that usually starts gradually and worsens with time. It is a biological disease marked by physical changes in the brain and most notably build-up of small protein clumps called plaques and tangles that lead to the death of nerve cells.

The immense public health needs to be addressed which focuses on the continual increase on the impact of Alzheimer’s disease (AD) also the drugs are available in the market have stretched maturity patent of primary drugs have expired. The current unmet needs represent a huge opening for the pharmaceuticals companies engaged in developing targeted novel therapies.

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The cell death frequently starts in the specific regions of the brain and then spreads to others as the cell dies & the major symptom is memory loss. The animal disease still aims at elucidating the basic path mechanisms. Animal models are important for research, particularly in the testing some of the potential therapeutic approaches.

Key Market Players in the Alzheimer’s drug disease industry include, Merz Pharma, Pfizer, Johnson & Johnson, Lund beck, Allergan, Eisai, Novartis, Daiichi Sankyo.

The drugs are expensive since drug developers look upon for symptomatic treatments rather than disease-modifying ability. There are many challenges for the Alzheimer’s patients since there are many clinical trials that present the challenges of developing disease-modifying drugs. The blood biomarkers will help to detect the primary stage onset of the Alzheimer’s which would help in the treatment of the disease and is also the major concern in Alzheimer’s disease detection of the conditions in patient. There is also a lack of surrogate markers for drug detection and development. The development of surrogate markers will have definite effectiveness for treatment of neurologic or the psychiatric disease.

There are several drugs which are used to treat the Alzheimer’s disease. Cholinesterase inhibitor heals the symptoms of Alzheimer’s disease for a limited period of time in some patients. Cholinesterase inhibitors result in the higher concentrations of acetylcholine that leads to increased communication between the nerve cells that may temporarily improve or stabilise the symptoms of dementia.

Donepezil is the piper-dine-based acetylcholinesterase inhibitor with the dose dependent activity. It displays selectivity for AChE the predominant cholinesterase in the brain. The initial recommended dose of donepezil is 5mg once in a day which should be taken in the evening or prior to be assessed this dose should be maintained for the least of one month.

Alzheimer’s Disease Drug Market is segmented, By Types Donepezil, Memantine, Revastigimine. Alzheimer’s Disease Drug Market is segmented, By Applications Moderate to severe Stages, Early to Moderate Stages. Alzheimer’s Disease Drug Market Geographically spans U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

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Nearly half of the world population, the Asia-Pacific, is expected to grow in the forecast period. Regions such as Russia, India, China and Australia have high unmet medical needs owing to rise in the disease. Hence, the market growth for Alzheimer drugs is prolonged during the forecast period.

North America segment accounts for a major share adhering to strong healthcare infrastructure and high awareness levels, leading in early recognition of the disease and anticipated in the favourable market growth during the forecast period.

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Last Updated October 3, 2017