TechNavio recognizes the following companies as the key players in the Global Alzheimer’s Drugs Market: Forest Laboratories Inc., Eisai Co. Ltd., Pfizer Inc., Novartis AG, and H. Lundbeck A/S.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”Clinical symptoms are usually observed long after the pathological processes of AD have begun. There are no definitive diagnostic tests for AD. Clinical diagnosis of AD primarily relies on subjective methods such as cognitive testing. There is a significant need for a reliable, cost-effective, and minimally-invasive test that could help in early diagnosis of AD. Various companies are engaged in the development of accurate and definitive diagnostic tests that could help in early diagnosis of the disease. Moreover, it is expected that the uptake of new drugs will be aided by the availability of improved diagnostics. For instance, the amyloid-binding agents for use with positron emission tomography imaging will help diagnose patients much earlier in the course of the disease.”
According to the report, one of the main drivers is the worldwide increase in the elderly population, which is directly correlated to the occurrence of AD. The probability of the occurrence of the pathological processes of AD increases with age. Owing to the progressive nature of AD, along with the increase in the global aging population, there will be significant demand for the care of people suffering from the disease during the forecast period.
Further, the report states that one of the main challenges is numerous patent expiries. Patent expiries are expected to erode the revenue potential of the market in the coming years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-alzheimers-drugs-market-2012%E2%…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Alzheimer's Drugs Market 2012-2016
