What Kind of Growth Can We Expect in The Global Alzheimer’s Drugs Market?
The Alzheimer’s drugs market size records a significant growth, from $9.33 billion in 2024 to $10.19 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. Rise in Alzheimer’s disease cases, investments in research and development, and improved understanding of disease mechanisms have been instrumental factors in driving the market growth.
Looking ahead into 2029, the Alzheimer’s drugs market is projected to swell to $14.47 billion at a CAGR of 9.2%. Precision medicine approaches, disease modification strategies, biomarker identification and validation, patient-centric drug development, and the focus on non-pharmacological interventions are some of the major anticipated drivers for this future growth.
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What are the Driving Factors for the Alzheimer’s Drugs Market Growth?
The progressive growth of Alzheimer’s disease globally significantly propels the growth of the Alzheimer’s drugs market. Alzheimer’s disease, a neurologic condition, poses adverse effects like brain shrinkage and cell death which gets severe over time. These drugs help improve memory loss, issues with thinking and reasoning, making them indispensable in the patients’ daily life. Alzheimer’s drugs have proven to enhance quality of life and maintain independence. For instance, in May 2024, the Alzheimer’s Association reported an increase in Americans aged 65 and older diagnosed with this form of dementia, rising from 6.5 million in 2022 to an estimated 6.9 million in 2024.
What Are the Major Segments Within the Global Alzheimer’s Drugs Market?
The Alzheimer’s drugs market is segmented into:
1) By Drugs: Donepezil, Rivastigmine, Galantamine, Memantine
2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
3) By Application: Early to Moderate Stages, Moderate to Severe Stages
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Which Major Companies Are Operating in the Alzheimer’s Drugs Market?
Several significant companies are operating in the Alzheimer’s drugs market including AbbVie Inc., Daiichi Sankyo Company Limited, F Hoffmann-La Roche AG, Merck & Co Inc., Novartis AG, Biogen Inc., AstraZeneca PLC, Eisai Co Ltd., Eli Lilly and Company, H Lundbeck A/S, Pfizer Inc., Allergan PLC., and Johnson & Johnson among others. Companies are focusing on diverse therapeutic approaches, partnerships and collaborations to stay competitive in the market.
What Trends Are Shaping the Alzheimer’s Drugs Market Landscape?
Companies are focusing on developing innovative products like amyloid plaque-targeting therapy as a part of their strategy to advance treatment options and improve patient outcomes. For example, in June 2024, Eli Lilly and Company received FDA approval for Kisunla (donanemab-azbt), the first and only amyloid plaque-targeting therapy for early symptomatic Alzheimer’s disease.
What are the Regional Analyses for the Alzheimer’s Drugs Market?
In 2024, North America was the largest region in the Alzheimer’s drugs market. Asia-Pacific is projected to be the fastest-growing region during the forecast period. Other regions covered in the Alzheimer’s drugs market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Alzheimer’s Drugs Market Report 2025 Offer?
Alzheimer’s drugs refer to drugs that aid in managing memory loss, issues with thinking and reasoning, and daily functioning. These drugs are used to treat Alzheimer’s disease, a brain disorder that causes memory, reasoning, and learning to gradually diminish. The Alzheimer’s Drugs Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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