According to the latest report, published by Variant Market Research, Global Treatment
for Syndromes of Dementia and Movement Disorders Market size is estimated
to reach $28.6 Billion by 2024 from $14.5 Billion in 2016, growing at a CAGR of
8.9% from 2016 to 2024.
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Increasing
rate of neurodegenerative disorders drives the global market
Rising geriatric population,
increasing rate of neurodegenerative disorders, and growing investments in
R&D are the primary factors to boost the global treatment for syndromes of
dementia and movement disorders market. However, long approval time for drugs
and devices is the major hindrance for the market growth. Furthermore, untapped
markets particularly in emerging economies are expected to gain significant
impetus in the coming future.
Market
Segmentation
The global market is mainly classified
on the basis of type and geography. The type segment includes progressive
dementia (frontotemporal dementia/pick,Lewy body dementia,Alzheimer’s
disease,and others), movement disorder (multiple system atrophy,progressive supranuclear
palsy,Parkinson’s disease,hallervorden-spatz diseaseand others), and
progressive dementia with neurological abnormality PDNA (corticobasal
ganglionic degeneration,Huntington’s disease, and amyotrophic lateral
sclerosis(ALS). Furthermore, by geography the global marketis categorized into
North America, Europe, Asia-Pacific, and Rest of the World. U.S., Canada, and
Mexico are covered under North America, whereas Europe segment includes of Spain,
Italy, France, Germany, UK, and Rest of Europe. Asia-Pacific is segmented into
China, Japan, Indiaand Rest of Asia-Pacific, while RoW is segmented into Middle
East, South America, and Africa.
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Progressive
dementia, by type, dominated the segment with largest share in 2016
Progressive dementia accounted for the
major share in 2016, in the type segment, and is also expected to continue its
trend during the forecast period owing to large number of aging population and
increasing incidence of neurodegenerative diseases.
North
America lead the global market with highest share in 2016
In 2016, North America generated the
highest revenue accounting for 42.2% of the total market share driven by
increasing R&D, growing geriatric population, and unhealthy lifestyles.
Europe occupied the second largest market share accounting for 25.8%.
Asia-Pacific is likely to reach the fastest CAGR driven by increasing knowledge
and expanding health care facilities, and presence of large population.
Competitive
Landscape
Key players operating in the market
include AstraZeneca GmbH,Valeant Pharmaceutical International, F. Hoffmann-La
Roche, AG, Merck & Co., Inc., Abbott Laboratories, Inc., Novartis AS, Baxter International, Inc.,
Bristol-Myers Squibb, Pfizer, Inc., and Sanofi S.A., among others.
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Scope of the Global Treatment for Syndromes of Dementia and
Movement Disorders Market
Type Segments
- Movement
Disorders
- Parkinson’s
Disease
- Progressive
Supranuclear Palsy
- Multiple
System Atrophy
- Hallervorden-Spatz
Disease
- Others
- Progressive Dementia
- Alzheimer’s
Disease
- Lewy
Body Dementia
- Frontotemporal
Dementia/Pick
- Others
- Progressive Dementia with
Neurological Abnormality (PDNA)
- Huntington’s
Disease
- Corticobasal
Ganglionic Degeneration
- Amyotrophic
Lateral Sclerosis (ALS)
Geography Segments
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- UK
- France
- Spain
- Others
- Asia-Pacific
- Japan
- China
- India
- Others
- RoW
- South
America
- Middle
East
- Africa
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benchmarking, parent market benchmarking, estimating market size and forecast
of the market from 2016 to 2024.
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