Alzheimer’s Drugs Market to be Worth $9.62 Billion by 2031

Alzheimer’s Drugs Market Size, Share, Forecast, & Trends Analysis by Drug (Cholinesterase Inhibitor [Donepezil, Galantamine, Rivastigmine], NMDA Receptor, Glutamate Regulator) Application (Disease Progression, Symptom Management) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Alzheimer’s Drugs Market Size, Share, Forecast, & Trends Analysis by Drug (Cholinesterase Inhibitor [Donepezil, Galantamine, Rivastigmine], NMDA Receptor, Glutamate Regulator) Application (Disease Progression, Symptom Management) - Global Forecast to 2031.’

According to this latest publication, the Alzheimer’s drugs market is projected to reach $9.62 billion by 2031, at a CAGR of 9.8% from 2024 to 2031. The growth of this market can be attributed to various factors, such as the increasing burden of Alzheimer's disease globally, rising prevalence of risk factors, increase in research funding, introduction of innovative technologies, increasing number of approvals, and increasing number of clinical trials and pipeline products. However, possible side effects of drugs and the use of substitute treatments are restraining the market growth.

Furthermore, growing research activities in developing countries, an increase in awareness programs, initiatives by public and private organizations, the use of combination drug therapy, and the use of biomarkers and imaging techniques for diagnosis and management are expected to offer growth opportunities to the players operating in this market. However, the high cost of research and development, the high failure rate in clinical trials, and the lengthy and complex regulatory approval process for Alzheimer’s drugs are major challenges to the market’s growth.

Key Players

The key players operating in the Alzheimer’s drugs market are Biogen (U.S.), Novartis AG (Switzerland), F. Hoffmann-La Roche AG (Switzerland), AbbVie Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Eisai Co., Ltd. (Japan), SUPERNUS PHARMACEUTICALS, INC. (U.S.), H. Lundbeck A/S (Denmark), AC Immune SA (Switzerland), Zydus Lifesciences Limited (India), Johnson & Johnson (U.S.), and Daiichi Sankyo Company (Japan).

Alzheimer’s Drugs Market: Future Outlook

The Alzheimer’s drugs market is segmented by Drug Type (Cholinesterase Inhibitors [Donepezil, Galantamine, and Rivastigmine,] NMDA receptor Antagonists, Glutamate Regulators, and Combination Drugs), Application (Disease Progression and Symptoms Management [Dementia, Insomnia, and Other Symptoms]), and Geography. The study also evaluates industry competitors and analyzes the market at the global and regional levels.

Among all the drug types studied in this report, in 2024, the cholinesterase inhibitors segment is expected to account for the largest share of the Alzheimer’s drugs market. This segment's large share is attributed to the increasing aging population, rising prevalence of risk factors associated with Alzheimer’s disease, and increasing effectiveness and the rising accessibility and availability of cholinesterase inhibitors.

Among all the applications studied in this report, in 2024, the symptom management segment is expected to account for the largest share of the Alzheimer’s drugs market. The segment’s large share is attributed to the increasing need for effective symptom management, which results in slower disease progression and reduced stress on caregivers. Symptom management addresses issues such as impaired judgment, confusion, and wandering, thus ensuring patient safety.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of the market in North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa).

Among all the geographies studied in this report, Asia-Pacific is slated to register the highest growth rate during the forecast period. The region’s growth is attributed to the increasing incidence of Alzheimer’s disease, growing research activities, increased awareness, a large population, rising healthcare expenditures, technological advancements, and government support for clinical trials.

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of drug type, application, and region/country?
What was the historical market size of the Alzheimer’s drugs market globally?
What are the market forecasts and estimates for the period 2024–2031?
What are the major drivers, restraints, challenges, opportunities, and trends in the Alzheimer’s drugs market?
Who are the major players in the Alzheimer’s drugs market?
What is the competitive landscape like, and who are the market leaders in the Alzheimer’s drugs market?
What are the recent developments in the Alzheimer’s drugs market?
What are the different strategies adopted by the major players in the Alzheimer’s drugs market?
What are the geographical trends and high growth regions/countries?

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