Treatment Syndromes Dementia Movement Disorders Market 2022
Global Treatment for Syndromes of Dementia and Movement Disorders Market Will reach US $21.15 billion in 2022.
According to a new market report published by Persistence Market Research “Global Market Study on Treatment for Syndromes of Dementia and Movement Disorders: Asia to Witness Highest Growth by 2022,” the global treatment for syndromes of dementia and movement disorders market was valued at USD 12,859.8 million in 2016 and is expected to grow at a CAGR of 8.6% from 2016 to 2022, to reach an estimated value of USD 21,154.8 million in 2022.
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The treatment for syndromes of dementia and movement disorders market is witnessing significant growth due to increasing R&D investments in drug discovery and developments. In addition, increasing prevalence of neurodegenerative disorders and rising awareness about mental disorders are also driving the growth of the market. However, most of the drugs fail in Phase III due to lack of sufficient knowledge about the mechanisms of the brain and the unknown causes of the disease.
Some of the major players in the treatment for syndromes of dementia and movement disorders market:
- F. Hoffmann-La Roche, Ltd.
- Novartis AG.
- Merck & Co., Inc.
- Sanofi S.A.
- Valeant Pharmaceutical International, Inc.
- AstraZeneca GmbH and Pfizer, Inc.
- Other
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In addition, lack of comprehensive therapeutic management, strict regulations, and time-consuming drug approval process inhibit the growth of the market.
In North America, growing aging population and rising incidence of neurodegenerative disease are driving the use of treatment for syndromes of dementia and movement disorders in the market. In addition, lack of proper medication is also fuelling the growth of treatments for syndromes of dementia and movement disorders market.
In Europe, the treatment for syndromes of dementia and movement disorders market is driven by rising incidence of mental disorder related disease and growing aging population. On the other hand, various awareness programs were launched by public and private health institutions to control dementia and movement disorders, which would increase the use of dementia and movement disorder drugs in the region.
However, in Asia the growth for treatment for syndromes of dementia and movement disorders is much higher than developed countries due to widening health insurance penetration, and large population base.
The treatment for syndromes of dementia and movement disorders market is segmented as follows:
Treatment for syndromes of dementia and movement disorders market, by drugs used to treat progressive dementia
- Diseases based therapeutics under progressive dementia
- Drugs for progressive dementia
Treatment for syndromes of dementia and movement disorders market, by drugs used to treat progressive dementia with other neurological abnormalities
- Disease based therapeutics under progressive dementia with other neurological abnormalities
- Drugs for progressive dementia with other neurological abnormalities
Treatment for syndromes of dementia and movement disorders market, by drugs used to treat movement disorders
- Diseases based therapeutics under movement disorders
- Drugs for movement disorders
Treatment for syndromes of dementia and movement disorders market, by geography
- North America
- Europe
- Asia
- Rest of the World (RoW)
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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