Market Research Reports, Inc. has announced the addition of “Alzheimer’s Disease Therapeutics in Major Developed Markets to 2021 - Aging Population and Improved Disease Understanding Increase Demand for Disease Modifying Agents” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 03/08/2016 -- The Alzheimer's disease market will more than double from just under $5 billion in 2014 to an estimated $10.4 billion in 2021, at a Compound Annual Growth Rate (CAGR) of 11%, according to new report.
The company's latest report states that such impressive growth, which will occur across the eight major markets (8MM) of the US, Canada, France, Germany, Italy, Spain, the UK, and Japan, will be primarily driven by increased disease prevalence during the forecast period.
According to Senior Analyst, says Alzheimer's disease is significantly more common in the older population and incidence rates increase rapidly after the age of 65.
Senior Analyst comments: "The fact that people are living longer across the globe means more cases of the disease are developing, and this has posed a growing public health crisis, which represents a very serious disease burden for patients and carers alike.
"Despite the urgent need to develop more effective treatments for Alzheimer's disease, thorough research is being carried out into understanding the disease, as its underlying pathology remains unknown.
"However, these extensive studies have helped to develop the research and development process within this indication, providing hope for the future of Alzheimer's disease therapeutics."
Publisher also states that although disease prevalence will be the strongest driver of market growth, innovation in the pipeline will also be a factor.
Senior Analyst explains: "While many of the later-stage therapies focus on common targets, the earlier stages of the pipeline do not appear to follow this trend, as they contain many first-in-class molecules with novel molecular targets within the context of Alzheimer's disease therapeutics.
"The primary new approvals for drugs that will drive growth during the forecast period will supplement current market leaders and offer greater therapeutic options. Promising examples include verubecestat, aducanumab and azeliragon, all of which have demonstrated clinical benefit and will be approved during the forecast period."
Alzheimer's Disease Therapeutics in Major Developed Markets to 2021 - Aging Population and Improved Disease Understanding Increase Demand for Disease Modifying Agents report provides analysis of the Alzheimer's disease therapeutics space across the eight major countries of the US, Canada, France, Germany, Italy, Spain, the UK, and Japan, with annualized market data from 2014 and forecast to 2021. It includes information on the current clinical and commercial landscape, and the composition of the Alzheimer's disease market in terms of dominant molecule types and targets, as well as highlighting current unmet needs.
This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by Publisher's team of industry experts.
For more information Visit at: http://www.marketresearchreports.com/gbi-research/alzheimer%E2%80%99s-disease-therapeutics-major-developed-markets-2021-aging-population-and
Find all Diseases Reports at: http://www.marketresearchreports.com/therapeutic
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions