Global “Alzheimers Disease (AD) Diagnostics and Therapeutics Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Alzheimers Disease (AD) Diagnostics and Therapeutics in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Alzheimers Disease (AD) Diagnostics and Therapeutics Market report categorizes the market based on manufacturers, regions, type, and application. Alzheimers Disease (AD) Diagnostics and Therapeutics Market reports offer a detailed assessment of the Alzheimers Disease (AD) Diagnostics and Therapeutics including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Alzheimers Disease (AD) Diagnostics and Therapeutics market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The Global Alzheimers diagnostics and therapeutics market was valued at approximately USD 7,100 million for 2017 and is expected to register a CAGR of approximately 6.7% during the forecast period (2018-2023). North America holds the largest share among the geographical regions.
Investment in Biomarkers for Drug Development
Alzheimers disease (AD) is one of the most prevalent dementia in the world. According to the Alzheimers disease facts and figures, it is estimated that in every 33 seconds, a new case of AD occurs, a very high prevalence of almost 35 million patients around the world. Consequently, the development of clinical diagnostics and therapeutics for AD and other neurodegenerative conditions is becoming very important. In about 10% to 15% of cases, clinical diagnosis of AD is inaccurate. To overcome this hurdle, certain biomarkers are used, which improve the accuracy of the diagnosis. Biomarkers are neurochemical indicators that are used to access the risk or prevalence of a disease. Biomarkers also find application in drug development for AD. Several biomarkers are used for the detection of various stages of Alzheimers disease. Examples include beta-amyloid and tau levels in the cerebrospinal fluid and brain changes that are detectable by imaging. Recently, researchers at the Sanford Burnham Prebys Medical Discovery Institute (SBP) identified a new biomarker, which is a peptide (DAG) that may lead to early detection of AD. The peptide identifies a protein that increases in the brain blood vessels of mice and human Alzheimer patients. Thus, investments in the development of biomarkers for drug development and early detection of AD are acting as the major driver and fuelling the growth of the Alzheimer’s disease diagnostics & therapeutics market globally.
Other factors that help in the growth of the market are increasing pipeline drug development, increasing incidence and prevalence of Alzheimer’s disease, increasing sophisticated diagnostics for early detection and precise drug development, and emerging novel diagnostic techniques.
Early Diagnosis of the Indication is challenging
Alzheimers disease (AD) is becoming a major public health threat, due to the increasing number of the affected individuals. According to the Translational Research & Clinical Intervention, there are 5.3 million Americans and 35 million people worldwide that are suffering from Alzheimer disease. As Alzheimer disease is spreading in the world, new therapies are urgently needed for the diagnosis and treatment of the disease. Early diagnosis of AD is challenging, and the early symptoms of the AD are commonly overlooked, because the symptoms are mild and the anatomical changes in the brain and central nervous symptoms are not necessarily visible through medical imaging. This limitation has serious implications, as late-stage diagnosis leaves the patients with only symptomatic relief options through medications, thereby limiting the overall benefit the patient could have received through early medication and diagnosis. Consequently, the limitations in early-stage diagnosis of AD is constraining the growth of the AD diagnostics and therapeutics market globally.
Other factors restraining the market are decrease in the market due to failures of late-stage drugs, lack of surrogate markers for drug discovery and drug development, and insufficient research funding and lengthy uncertain processes.
The United States is the global leader in AD Intervention and Management
According to the Alzheimers Association, more than 5 million Americans are living with AD, as of 2017. The United States is considered as the global leader in Alzheimers disease intervention and management. The United States has a large pool of biopharmaceutical companies, which cumulatively have a total of 85 drugs in various stages in the pipeline for combating Alzheimers disease. The United States holds a major share of around 83% of the total revenue in North America.
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The global Alzheimers Disease (AD) Diagnostics and Therapeutics market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Alzheimers Disease (AD) Diagnostics and Therapeutics Market Report covers the Top Key-players in 2021:-
- Johnson & Johnson
- Eli Lilly
- Amarantus Bioscience Holdings
- GE Healthcare
Highlighted points of Alzheimers Disease (AD) Diagnostics and Therapeutics Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Alzheimers Disease (AD) Diagnostics and Therapeutics Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Alzheimers Disease (AD) Diagnostics and Therapeutics? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Alzheimers Disease (AD) Diagnostics and Therapeutics Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Alzheimers Disease (AD) Diagnostics and Therapeutics Market? What Was Capacity, Production Value, Cost and PROFIT of Alzheimers Disease (AD) Diagnostics and Therapeutics Market?
- What Is Current Market Status of Alzheimers Disease (AD) Diagnostics and Therapeutics Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Alzheimers Disease (AD) Diagnostics and Therapeutics Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Alzheimers Disease (AD) Diagnostics and Therapeutics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Alzheimers Disease (AD) Diagnostics and Therapeutics Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Alzheimers Disease (AD) Diagnostics and Therapeutics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Alzheimers Disease (AD) Diagnostics and Therapeutics Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Alzheimers Disease (AD) Diagnostics and Therapeutics Industry?
Key Developments in the Alzheimers Disease (AD) Diagnostics and Therapeutics Market:
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