The research report on the global Alzheimer’s drugs market predicts that the rise in the incidence of Alzheimer’s disease is anticipated to propel the demand for effective drugs for treatment. The report also predicts that the global Alzheimer’s drugs market will expand at a stellar growth rate i.e. 7.5 % over the forecast period of 2017 to 2025 and cross the evaluation of US$ 6.4 billion in 2025 i.e. the end of the forecast period.
The segments in the global Alzheimer’s drugs market based on the class of drug include mematine, cholinergic, and combined drug, among others. Amongst these, mematine segment is likely to take the lead within the global Alzheimer’s drugs market in coming years. Furthermore, certain products from the combined drugs category are also likely to positively influence the revenue generation in the global Alzheimer’s drugs market in near future. However, lack of availability of effective drugs is also propelling the demand for cholinergic drugs in coming years, with the segment witnessing a significant growth curve within the global Alzheimer’s drugs market.
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Hospital Pharmacy Segment Holds Large Share in the Alzheimer’s Drugs Market
Distribution channels used by the manufacturers and players operational within the global Alzheimer’s drugs market include retail pharmacy, hospital pharmacy, and online sales. The rising instances of hospitalization in order to treat Alzheimer’s is boosting the demand within the hospital pharmacy segment in the global Alzheimer’s drugs market. This trend is anticipated to advance the positioning of this segment in the global Alzheimer’s drugs market in coming years.
Few of the major incumbent players working within the global Alzheimer’s drugs market include Novartis AG, H Lundbeck A/S, Ono Pharmaceutical Co. Ltd., Johnson & Johnson, Allergen PLC, Eisai Co Ltd., Daiichi Sankyo Company Limited, and Merz Holding GmbH & Co KG, among others. Manufacturers and players functional within the global Alzheimer’s drugs market are adopting various corporate growth strategies in order to enhance their industry positioning in coming years. Some of the major tactics and strategies utilized by the players in the global Alzheimer’s drugs market include strategic collaborations and partnerships as well as mergers and acquisitions.
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Furthermore, increasing requirement of new drug development post drug discovery has given an impetus for players in the global Alzheimer’s drugs market to invest heavily in technological advancements as well as research and development activities. Players in the global Alzheimer’s drugs market are noticed combining two major resources i.e. novel technologies as well as labor in order to take a lead within the industry in terms of product offerings to enhance their market share.
North America Emerges as Leading Region in the Alzheimer’s Drugs Market
Major regions and leading economies assessed thoroughly in the business intelligence study on the global Alzheimer’s drugs market include Europe (including Germany, Italy, the United Kingdom, France, Spain, and rest of the Europe), Latin America (including Brazil, Mexico, and rest of the Latin America), North America (including the United States and Canada), Asia Pacific (including Japan, Australia and New Zealand, China, India, and rest of the Asia Pacific), and Middle East and Africa (including the Gulf Cooperation Council countries, South Africa, and rest of the Middle East and Africa).
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Regionally, North America market is anticipated to emerge as the leading regional market in the global Alzheimer’s drugs market in coming years. Some of the key drivers for the development of the global Alzheimer’s drugs market in North America include strong research and development landscape in the region as well as presence of well-established and superior healthcare infrastructure in the region. Furthermore, factors such as presence of a massive number of players in regional pharmaceutical industry, increasing cases of Alzheimer’s in the region, and rising awareness in the region pertaining to this disease are also likely to motivate development within the global Alzheimer’s drugs market in North America in coming years.
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