Press release
Recent advancement in R&D activities for drug development is aiding dementia drugs market to grow further
These drugs work by improving the communication between the brain cells and enhancing cognitive function. However, the effectiveness of these drugs varies among individuals, and they may also cause side effects like nausea, diarrhea, and headache. It is essential to consult a healthcare professional before taking any dementia medication to ensure their safety and efficacy.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ https://www.alliedmarketresearch.com/request-sample/12379
โข CAGR: 8.5%
โข Current Market Size: USD 8.7 Billion
โข Forecast Growing Region: APAC
โข Largest Market: North America
โข Projection Time: 2021 - 2031
โข Base Year: 2021
The dementia drugs market size was valued at $8.7 billion in 2021, and is estimated to reach $19.7 billion by 2031, growing at a CAGR of 8.5% from 2022 to 2031.
The key factors that drive the growth of the market are increase in the prevalence of Alzheimer's disease, advancement in R&D activities for drug development, and rise in adoption of early diagnosis.
Moreover, the growing geriatric population, increase in investment by players in R&D and presence of robust pipeline candidates, rise in expenditure on the development of healthcare infrastructure, and increase in public awareness about the disease prevention in developing regions are further expected to boost the dementia drugs industry growth during forecast period.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (265 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) @ https://www.alliedmarketresearch.com/dementia-drugs-market/purchase-options
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
โข On the basis of indication, the Alzheimer's disease segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
โข On the basis of drug class, the cholinesterase inhibitors segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
โข Depending on distribution channel, the hospitals pharmacies segment is projected to grow at a CAGR of 7.0% during the forecast period.
โข Region-wise, North America garnered the largest revenue share in 2021. However, Asia-Pacific is anticipated to grow at the highest CAGR 10.6% during the forecast period.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ - https://www.alliedmarketresearch.com/purchase-enquiry/12379
๐๐๐ฆ๐๐ง๐ญ๐ข๐ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ-
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ญ๐ข๐ ๐๐ซ๐ฎ๐ ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Apotex Inc.
โข Aurobindo Pharma Ltd.
โข Biogen Idec
โข Eisai
โข Eli Lilly and Company
โข Johnson & Johnson
โข Abbvie Inc.
โข F. Hoffmann-La Roche AG
โข Teva Pharmaceutical Industries
โข Novartis AG
๐๐๐๐ ๐๐จ๐ซ๐ - https://www.alliedmarketresearch.com/dementia-drugs-market-A12014
๐๐ญ๐ก๐๐ซ ๐๐จ๐ฉ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ -
๐๐ฅ๐ข๐ ๐จ๐ง๐ฎ๐๐ฅ๐๐จ๐ญ๐ข๐๐ ๐๐ฒ๐ง๐ญ๐ก๐๐ฌ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.alliedmarketresearch.com/oligonucleotide-synthesis-market-A08356
๐๐จ๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ญ๐ข๐ฆ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/bone-growth-stimulators-market-A06065
๐๐ฆ๐ฆ๐ฎ๐ง๐จ-๐๐ง๐๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ฌ๐ฌ๐๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/immuno-oncology-assay-market-A06079
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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