Blood-brain barrier technologies refer to advanced methods and innovations designed to study, manipulate, and traverse the blood-brain barrier. These technologies aim to deliver therapeutic agents to the brain while preserving the barrier’s protective functions, facilitating treatment for neurological disorders.
Sizing and Forecast
The blood brain barrier technologies market size has grown exponentially in recent years. It will grow from $1.23 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 27.8%. The growth in the historic period can be attributed to an emphasis on patient-centric drug development, increasing the funds for research, growing awareness about the disease, increasing the prevalence of neurological diseases, and innovation of drugs and delivery devices.
The blood brain barrier technologies market size is expected to see exponential growth in the next few years. It will grow to $4.20 billion in 2028 at a compound annual growth rate (CAGR) of 27.9%. The growth in the forecast period can be attributed to increasing focus on orphan drugs and rare neurological disorders, the growing burden related to CNS, increasing incidence of neurological diseases and augmenting the geriatric population, advancements in biomarker discovery, and robust healthcare infrastructure. Major trends in the forecast period include advancements in nanotechnology, increasing research funding, growth in CNS disorder treatments, rising demand for non-invasive delivery methods, development of novel drug delivery systems, collaboration between pharmaceutical and biotech companies, and increased regulatory support.
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Segmentation & Regional Insights
The blood brain barrier technologies market covered in this report is segmented –
1) By Technology: Bispecific Antibody Receptor-Mediated Transcytosis (RMT) Approach, Trojan Horse Approach, Increasing Permeability, Passive Diffusion, Other Technologies
2) By Application: Alzheimers Disease, Epilepsy, Parkinsons Disease, Multiple Sclerosis, Hunters Syndrome, Brain Cancer, Other Applications
3) By End-User: Hospitals, Surgical Centers, Research Institutes, Other End-Users
North America was the largest region in the blood brain barrier technologies market in 2023. The regions covered in the blood brain barrier technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising incidence of neurological diseases is expected to propel the growth of the blood brain barrier technologies market going forward. Neurological diseases refer to the conditions that affect the central and peripheral nervous systems, including the brain, spinal cord, cranial nerves, peripheral nerves, nerve roots, autonomic nervous system, neuromuscular junction, and muscles. The prevalence of neurological diseases is increasing due to factors such as an aging population, improved diagnostic techniques, and lifestyle changes leading to higher-risk factors like obesity and sedentary behavior. Blood-brain barrier technology plays a crucial role by enhancing drug delivery to the brain, overcoming one of the major challenges in treating neurological disorders, and thus significantly contributing to addressing the rising incidence of these diseases. For instance, in December 2022, according to the Parkinson’s Foundation, a US-based national organization that funds research and provides educational resources to Parkinson’s disease patients and caregivers, there were 90,000 people diagnosed with Parkinson’s disease in the U.S. This represents a steep 50% increase from2021. Therefore, the rising incidence of neurological diseases is driving the growth of the blood brain barrier technologies market.
Key Industry Players
Major companies operating in the blood brain barrier technologies market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Bristol Myers Squibb, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Bayer AG, Biogen Inc., Eisai Co. Ltd., Alnylam Pharmaceuticals Inc., JCR Pharma Co. Ltd., Genentech Inc., Denali Therapeutics Inc., Voyager Therapeutics Inc., Fujifilm Cellular Dynamics Inc., Angiochem Inc., Ossianix Inc., ArmaGen Inc., BiOasis Technologies Inc., BioArctic AB
The blood brain barrier technologies market report table of contents includes:
1. Executive Summary
- Blood Brain Barrier Technologies Market Characteristics
- Blood Brain Barrier Technologies Market Trends And Strategies
- Blood Brain Barrier Technologies Market – Macro Economic Scenario
- Global Blood Brain Barrier Technologies Market Size and Growth
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32. Global Blood Brain Barrier Technologies Market Competitive Benchmarking
- Global Blood Brain Barrier Technologies Market Competitive Dashboard
- Key Mergers And Acquisitions In The Blood Brain Barrier Technologies Market
- Blood Brain Barrier Technologies Market Future Outlook and Potential Analysis
- Appendix
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