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Global Parkinson’s Disease Drugs Market to be Driven by Ageing Demographics in the Forecast Period of 2021-2026

Global Parkinson’s Disease Drugs Market to be Driven by Ageing Demographics in the Forecast Period of 2021-2026

July 13
13:45 2021
Global Parkinson’s Disease Drugs Market to be Driven by Ageing Demographics in the Forecast Period of 2021-2026

Global Parkinson’s Disease Drugs Market Report and Forecast 2021-2026
Global Parkinson’s Disease Drugs Market Size, Share, Price, Trends, Growth, Analysis, Demand, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com

The new report by Expert Market Research titled, ‘Global Parkinson’s Disease Drugs Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Parkinson’s disease drugs market, assessing the market based on its segments like drug class, route of administration, distribution channels, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

 

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

 

Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/parkinsons-disease-drugs-market/requestsample

 

The key highlights of the report include:

 

Market Overview (2016-2026)

 

  • Forecast CAGR (2021-2026): 7.9%
  • Forecast Market Size (2026): USD 8.4 Billion

 

The rates of Parkinson’s disease have been determined by mainly two factors: the ageing demographics and the diagnosis of the disease, both of which have been high have been in Europe, which is the region with the leading market share in the market for Parkinson’s disease drugs. The same pattern is seen in North America which too has advanced healthcare facilities. With certain countries in Asia Pacific having high populations and an ageing population, like Japan and China, the growth rate of this market is expected to be high for the forecast period 2021-2026. The major market share is in Europe, followed by North America, because the disease can be easily diagnosed with the advanced healthcare and pharmaceutical sector. In Asia Pacific, it is expected that the growth rate in the forecast period is going to be high because of the high population and improving healthcare facilities.

 

Industry Definition and Major Segments

 

Parkinson’s disease is a disease, often occurring in elderly people which affects the nervous system and causes problems in motor functions. Common symptoms include stiffness of limbs and difficulty in speech and walking. The primary response to this is medication.

 

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/parkinsons-disease-drugs-market

 

Depending on drug class, the Parkinson’s disease drugs market can be segmented into:

 

  • MAO-B Inhibitors
  • Levodopa
  • COMT Inhibitors
  • Dopamine Agonists
  • Anticholinergics
  • Others

 

It may be segmented on the basis of route of administration into:

 

  • Oral
  • Injection
  • Transdermal

 

Distribution channels for this market are as follows:

 

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online
  • Others

 

The market may be classified by end use as follows:

 

  • Hospitals
  • Clinics
  • Others

 

The regional markets for Parkinson’s disease drugs can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Market Trends

 

The pattern of investment into the research, pharmaceutical and healthcare sector from both the government and private players indicates a possibility of growth for this market. With strong drug pipelines and the influx of generic drugs due to expiration of patents, the market is sure to expand into new regions, especially developing countries. Increasing concentration of healthcare facilities, including complementary ones like diagnostic labs, and rising number of skilled professionals like neurologists, lab technicians, etc. can be expected to add to the proper diagnosis of Parkinson’s disease in developing countries. Growing health awareness, rising populations, and growing disposable incomes are also expected to push the sales of drugs across all regions.

 

Key Market Players

 

The major players in the market are Pfizer Inc., Medtronic plc, GlaxoSmithKline plc, AbbVie Inc., and Novartis AG, amongst others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

 

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

 

About Us:

 

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

 

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

 

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

 

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

 

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

 

Also [email protected] https://expertmarketresearch-emr.blogspot.com/2021/06/parkinsons-disease-drugs-market.html

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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