In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
Request InsightsPurchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively. Request Insights
IN THE NEWSAlzheimer’s disease is a disorder of the brain which commonly occurs among the older population. It is characterized by the gradual degeneration of the brain tissue, which eventually results in temporary or permanent loss of memory. According to the Alzheimer’s Association in 2020, an estimated 5.8 million people above the age of 65 in America are living with Alzheimer’s disease. This number is further predicted to increase to 13.8 million people above the age of 65 by 2050.
The Alzheimer’s treatment market is anticipated to grow at a CAGR of 7.44% over the forecast period, i.e., 2020-2027. The market is further projected to attain a market value of USD 2,008.17 million by the end of 2027.
On the basis of region, the Alzheimer’s treatment market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The market in North America holds the major share of Alzheimer’s treatment market on account of increasing incidences of the disease. Over the past few years, North America has witnessed significant growth in the Alzheimer’s treatment market. With the presence of many key players in the region, the North America Alzheimer’s treatment market is further predicted to expand rapidly on the back of increasing technological advancements in the field. The market in Europe is estimated to hold a vast potential for the development of the Alzheimer’s treatment market primarily influenced by its increasing geriatric population, which is contributing significantly to the occurrence of the disease. Further, the market in Asia Pacific region is expected to grow steadily over the next few years, which is attributed primarily to the rising elderly population in countries including India, China, Australia, and Japan. The increasing prevalence of the disease among the elderly is the major factor that is expected to drive the growth of the market in the forthcoming years. CLICK TO DOWNLOAD SAMPLE REPORT
The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
On the basis of drug class, the market for Alzheimer’s treatment is segmented into standalone drugs and combination drugs, out of which, the standalone segment is further sub-segmented into cholinesterase inhibitors and N-methyl-D-aspartate (NMDA) antagonist. The segment for standalone drugs is predicted to lead the market with highest market share, while the segment for combination drugs is anticipated to grow at the highest CAGR of 8.69% over the forecast period.
Drugs that are used in combination with other new drugs or already approved drugs are termed as combination therapy. The combination therapies are predicted to improve the condition of the patients significantly as compared to the standalone therapies. The drugs used in combination therapies are considered to have better efficacy owing to the higher potential of the drugs combined in terms of reaction. The combination therapy which is currently being used for treating Alzheimer’s disease in Memantine along with a cholinesterase inhibitor which is considered to be effective in treating moderately severe Alzheimer’s disease.
Based on the distribution channel, the market is segmented into online and offline segment, which is further segmented into hospital pharmacy and retail pharmacy. The offline distribution channel is anticipated to hold the leading share in the market on account of larger presence of hospital and retail pharmacies in the world. On the other hand, the segment for online distribution channel is predicted to grow at the highest CAGR of 8.12% during the forecast period. Over the years, the concept of online pharmacies has increased significantly owing to the various advancements in the e-commerce industry. The preference for online pharmacies is estimated to increase among the patients on account of various factors such as ease and convenience, confidentiality, low cost, and others. Additionally, they offer easy accessibility to people with limited mobility, thus attracting a lot of consumers. Furthermore, many online pharmacies deliver their products within a very short period of time, which has encouraged a wide range of patients to opt for it, thus contributing to the market growth.
The Alzheimer’s treatment market is segmented on the basis of product into wearable and non-wearable segments. The market for wearable devices is projected to witness the highest growth rate over the forecast period. A number of technological advancements have been made in the recent years in order to develop wearable devices for patients living with Alzheimer’s disease and providing them advanced treatment at home. Additionally, the wearable devices provide the care taker information about the movement, heart rate, pattern of sleep, among others, which is further estimated to attract a significant number of patients. Non-wearable devices segment is estimated to hold the leading share in the market with a market value of USD 10.09 million by the end of 2027.
On the basis of end user, the market is segmented into hospitals, clinics, nursing homes and home care settings. The segment for hospitals is anticipated to hold the leading share in the market in the coming years as a result of rising cases of Alzheimer’s disease that require admission of patients in hospitals for better care. Moreover, the segment for clinics is predicted to grow at the highest rate with a CAGR of about 10.12% over the forecast period. The rising number of clinics that offer treatment for Alzheimer’s disease is anticipated to fuel the market growth in the coming years.
The Alzheimer’s Association states that Alzheimer’s disease is the 6th leading cause of death in the United States. Moreover, about 1 in every 3 senior citizens dies of either Alzheimer’s disease or some other dementia. Alzheimer’s disease is considered as the most common form of dementia among the elderly population. The increasing incidences of Alzheimer’s disease have created an upsurge in the demand for effective treatment for the disease. This is projected to contribute significantly to the growth of the market in the near future. In addition to this, the Alzheimer’s treatment market has witnessed a significant growth in the recent years, which is attributed to the presence of a proper healthcare infrastructure. The growing investments in the healthcare sector have raised a significant amount of funds for the ongoing research projects.
Increasing stringent regulations and limited testing procedures are predicted to act as barriers for the market. The lack of knowledge about the mechanisms involved in the manufacture of products related to the treatment of Alzheimer’s disease limits the manufacturers from examining the benefits various new compounds. The high standards required for the approval of any drug or device for the treatment of Alzheimer’s may create obstacles for the manufacturers.
Some of the affluent industry leaders in the global Alzheimer’s treatment market are NeuroEM Therapeutics, Inc., AbbVie Inc., Allergan Inc., H. Lundbeck A/S, Janssen, Eli Lilly and Company, Daiichi Sankyo Company Limited, Eisai Co., Ltd. and Neuronix.
FREQUENTLY ASKED QUESTIONS
Growing cases of Alzheimer’s disease, especially among the elderly population is a major growth driving factor for the market.
The market is anticipated to attain a CAGR of 7.44% over the forecast period, i.e. 2020-2027.
: Asia Pacific will provide more business opportunities for market growth on account of emergence of better healthcare facilities and infrastructure.
The major players in the market are NeuroEM Therapeutics, Inc., AbbVie Inc., Allergan Inc., H. Lundbeck A/S, Janssen, Eli Lilly and Company, Daiichi Sankyo Company Limited, Eisai Co., Ltd. and Neuronix.
Company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Global Alzheimer’s Treatment Market
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions And Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
· Manufacturer Front
· Supplier/Distributor Front
· End User Front
3.3. Secondary Research
3.4. Market Size Estimation
4. Executive Summary- Global Alzheimer’s Treatment Market
5. Analysis Of Market Dynamics
5.1. Growth Drivers
5.2. Key Trends
6. Key Market Opportunities
7. Major Roadblocks For The Market Growth
8. Regulatory Landscape
9. Industry Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Epidemiology Analysis
11. Patent Analysis
12. Clinical TrialsAnalysis
13. Comparative Analysis Of Treatment Devices In Development
14. Global Alzheimer’s Treatment Market Outlook
14.1. Market Size And Forecast, 2018-2027
14.1.1. By Value (USD Million)
14.2. Global Alzheimer’s Treatment Market Segmentation, 2018-2027
14.2.1. By Treatment
14.2.1.1. By Drug Class
O Standalone Drugs, 2018-2027 (USD Million)
§ Cholinesterase Inhibitors, 2018-2027 (USD Million)
§ Donepezil (Aricept), 2018-2027 (USD Million)
§ Galantamine (Razadyne), 2018-2027 (USD Million)
§ Rivastigmine (Exelon), 2018-2027 (USD Million)
§ N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
O Combination Drugs, 2018-2027 (USD Million)
14.2.1.2. By Distribution Channel
O Online, 2018-2027 (USD Million)
O Offline, 2018-2027 (USD Million)
§ Hospital Pharmacy, 2018-2027 (USD Million)
§ Retail Pharmacy, 2018-2027 (USD Million)
14.2.2.By Medical Device
14.2.2.1. By Product
O Wearable Device, 2018-2027 (USD Million)
O Non-Wearable Device, 2018-2027 (USD Million)
14.2.2.2.By End-User
O Hospitals, 2018-2027 (USD Million)
O Clinics, 2018-2027 (USD Million)
O Nursing Homes, 2018-2027 (USD Million)
O Home-Care Settings, 2018-2027 (USD Million)
14.2.3.By Region
14.2.3.1. North America Alzheimer’s Treatment Market, 2018-2027 (USD Million)
14.2.3.1.1.Market Overview
14.2.3.1.2.Market Size, 2018-2027 (USD Million)
14.2.3.1.3.Assessment Of Macroeconomic Factors
14.2.3.1.4.Market Segmentation
§ By Treatment
O By Drug Class
§ Standalone Drugs, 2018-2027 (USD Million)
· Cholinesterase Inhibitors, 2018-2027 (USD Million)
· Donepezil (Aricept), 2018-2027 (USD Million)
· Galantamine (Razadyne), 2018-2027 (USD Million)
· Rivastigmine (Exelon), 2018-2027 (USD Million)
· N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
§ Combination Drugs, 2018-2027 (USD Million)
O By Distribution Channel
§ Online, 2018-2027 (USD Million)
§ Offline, 2018-2027 (USD Million)
· Hospital Pharmacy, 2018-2027 (USD Million)
· Retail Pharmacy, 2018-2027 (USD Million)
§ By Medical Device
O By Product
§ Wearable Device, 2018-2027 (USD Million)
§ Non-Wearable Device, 2018-2027 (USD Million)
O By End-User
§ Hospitals, 2018-2027 (USD Million)
§ Clinics, 2018-2027 (USD Million)
§ Nursing Homes, 2018-2027 (USD Million)
§ Home-Care Settings, 2018-2027 (USD Million)
§ By Country
O Us, 2018-2027 (USD Million)
O Canada, 2018-2027 (USD Million)
14.2.3.2.Europe Alzheimer’s Treatment Market, 2018-2027 (USD Million)
14.2.3.2.1.Market Overview
14.2.3.2.2. Market Size, 2018-2027 (USD Million)
14.2.3.2.3. Assessment Of Macroeconomic Factors
14.2.3.2.4. Market Segmentation
§ By Treatment
O By Drug Class
§ Standalone Drugs, 2018-2027 (USD Million)
· Cholinesterase Inhibitors, 2018-2027 (USD Million)
· Donepezil (Aricept), 2018-2027 (USD Million)
· Galantamine (Razadyne), 2018-2027 (USD Million)
· Rivastigmine (Exelon), 2018-2027 (USD Million)
· N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
§ Combination Drugs, 2018-2027 (USD Million)
O By Distribution Channel
§ Online, 2018-2027 (USD Million)
§ Offline, 2018-2027 (USD Million)
· Hospital Pharmacy, 2018-2027 (USD Million)
· Retail Pharmacy, 2018-2027 (USD Million)
§ By Medical Device
O By Product
§ Wearable Device, 2018-2027 (USD Million)
§ Non-Wearable Device, 2018-2027 (USD Million)
O By End-User
§ Hospitals, 2018-2027 (USD Million)
§ Clinics, 2018-2027 (USD Million)
§ Nursing Homes, 2018-2027 (USD Million)
§ Home-Care Settings, 2018-2027 (USD Million)
§ By Country
O Uk, 2018-2027 (USD Million)
O Germany, 2018-2027 (USD Million)
O Italy, 2018-2027 (USD Million)
O France, 2018-2027 (USD Million)
O Spain, 2018-2027 (USD Million)
O Russia, 2018-2027 (USD Million)
O Rest Of Europe, 2018-2027 (USD Million)
14.2.3.3. Asia Pacific Alzheimer’s Treatment Market, 2018-2027 (USD Million)
14.2.3.3.1. Market Overview
14.2.3.3.2. Market Size, 2018-2027 (USD Million)
14.2.3.3.3. Assessment Of Macroeconomic Factors
14.2.3.3.4. Market Segmentation
§ By Treatment
O By Drug Class
§ Standalone Drugs, 2018-2027 (USD Million)
· Cholinesterase Inhibitors, 2018-2027 (USD Million)
· Donepezil (Aricept), 2018-2027 (USD Million)
· Galantamine (Razadyne), 2018-2027 (USD Million)
· Rivastigmine (Exelon), 2018-2027 (USD Million)
· N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
§ Combination Drugs, 2018-2027 (USD Million)
O By Distribution Channel
§ Online, 2018-2027 (USD Million)
§ Offline, 2018-2027 (USD Million)
· Hospital Pharmacy, 2018-2027 (USD Million)
· Retail Pharmacy, 2018-2027 (USD Million)
§ By Medical Device
O By Product
§ Wearable Device, 2018-2027 (USD Million)
§ Non-Wearable Device, 2018-2027 (USD Million)
O By End-User
§ Hospitals, 2018-2027 (USD Million)
§ Clinics, 2018-2027 (USD Million)
§ Nursing Homes, 2018-2027 (USD Million)
§ Home-Care Settings, 2018-2027 (USD Million)
§ By Country
O China, 2018-2027 (USD Million)
O India, 2018-2027 (USD Million)
O Japan, 2018-2027 (USD Million)
O South Korea, 2018-2027 (USD Million)
O Indonesia, 2018-2027 (USD Million)
O Australia, 2018-2027 (USD Million)
O Rest Of Asia Pacific, 2018-2027 (USD Million)
14.2.3.4.Latin America Alzheimer’s Treatment Market, 2018-2027 (USD Million)
14.2.3.4.1.Market Overview
14.2.3.4.2. Market Size, 2018-2027 (USD Million)
14.2.3.4.3. Assessment Of Macroeconomic Factors
14.2.3.4.4. Market Segmentation
§ By Treatment
O By Drug Class
§ Standalone Drugs, 2018-2027 (USD Million)
· Cholinesterase Inhibitors, 2018-2027 (USD Million)
· Donepezil (Aricept), 2018-2027 (USD Million)
· Galantamine (Razadyne), 2018-2027 (USD Million)
· Rivastigmine (Exelon), 2018-2027 (USD Million)
· N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
§ Combination Drugs, 2018-2027 (USD Million)
O By Distribution Channel
§ Online, 2018-2027 (USD Million)
§ Offline, 2018-2027 (USD Million)
· Hospital Pharmacy, 2018-2027 (USD Million)
· Retail Pharmacy, 2018-2027 (USD Million)
§ By Medical Device
O By Product
§ Wearable Device, 2018-2027 (USD Million)
§ Non-Wearable Device, 2018-2027 (USD Million)
O By End-User
§ Hospitals, 2018-2027 (USD Million)
§ Clinics, 2018-2027 (USD Million)
§ Nursing Homes, 2018-2027 (USD Million)
§ Home-Care Settings, 2018-2027 (USD Million)
§ By Country
O Brazil, 2018-2027 (USD Million)
O Mexico, 2018-2027 (USD Million)
O Rest Of Latin America, 2018-2027 (USD Million)
14.2.3.5. Middle East & Africa Alzheimer’s Treatment Market, 2018-2027 (USD Million)
14.2.3.5.1.Market Overview
14.2.3.5.2. Market Size, 2018-2027 (USD Million)
14.2.3.5.3. Assessment Of Macroeconomic Factors
14.2.3.5.4. Market Segmentation
§ By Treatment
O By Drug Class
§ Standalone Drugs, 2018-2027 (USD Million)
· Cholinesterase Inhibitors, 2018-2027 (USD Million)
· Donepezil (Aricept), 2018-2027 (USD Million)
· Galantamine (Razadyne), 2018-2027 (USD Million)
· Rivastigmine (Exelon), 2018-2027 (USD Million)
· N-Methyl-D-Aspartate (Nmda) Antagonist, 2018-2027 (USD Million)
§ Combination Drugs, 2018-2027 (USD Million)
O By Distribution Channel
O By Product
O By End-User
§ By Country
O Israel, 2018-2027 (USD Million)
O Saudi Arabia, 2018-2027 (USD Million)
O UAE, 2018-2027 (USD Million)
O South Africa, 2018-2027 (USD Million)
O Rest Of Middle East & Africa, 2018-2027 (USD Million)
15.Competitive Structure
15.1.Detailed Overview
15.2.Market Share
15.3.Assessment Of Key Product Offerings
15.4.Analysis Of Growth Strategies
15.5. Key Collaborations And Joint Ventures
15.6. Key Mergers And Acquisitions
15.7. Recent News And Developments
15.8. Key Clients And Partners
15.9. Exhaustive Analysis On Key Financial Indicators
15.10. Company Profiles Of Global Alzheimer’s Treatment Market
15.10.1. Neuroem Therapeutics, Inc.
15.10.2. Neuronix
15.10.3. Daiichi Sankyo Company Limited
15.10.4.H. Lundbeck A/S
15.10.5.Pfizer Inc.
15.10.6.Abbvie Inc
15.10.7.Eli Lilly And Company
15.10.8.Allergan, Inc.
15.10.9.Janssen Pharmaceuticals, Inc.
15.10.10. Other Market Players Strategic 16. Recommendations
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