The blood brain barrier technologies global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Blood Brain Barrier Technologies Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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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Scope Of Blood Brain Barrier Technologies Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Blood Brain Barrier Technologies Market Overview
Market Drivers –
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.
Market Trends –
Major companies operating in the blood-brain barrier technologies market are focused on developing innovative, patented technology to enhance drug delivery to the brain. This patented technology represents a significant advancement in overcoming the challenges associated with delivering therapeutics to the brain, offering promising prospects for addressing unmet medical needs in neurology. For instance, in November 2022, BioArctic AB, a Sweden-based biopharma research company, was granted a new patent by the US Patent and Trademark Office (USPTO). This patent covers an innovative technology that enhances the transport of biopharmaceuticals across the blood-brain barrier, part of BioArctic’s Brain Transporter patent portfolio, aiming to improve drug efficacy by overcoming the brain’s natural protective barrier.
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
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Regional Insights –
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.
Key Companies –
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
Table of Contents
1. Executive Summary
2. Blood Brain Barrier Technologies Market Report Structure
3. Blood Brain Barrier Technologies Market Trends And Strategies
4. Blood Brain Barrier Technologies Market – Macro Economic Scenario
5. Global Blood Brain Barrier Technologies Market Size and Growth
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32. Global Blood Brain Barrier Technologies Market Competitive Benchmarking
33. Global Blood Brain Barrier Technologies Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Blood Brain Barrier Technologies Market
35. Blood Brain Barrier Technologies Market Future Outlook and Potential Analysis
36. Appendix
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