Neurological Disorder Drugs Market: Emerging Trends, Business Growth Opportunities, Major Driving Factors

TMR’s report on the global neurological disorder drugs market studies the past as well as the current growth trends and opportunities to gain valuable insights of these indicators for the market during the forecast period from 2019 to 2027. The report provides the revenue of the global neurological disorder drugs market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global neurological disorder drugs market from 2019 to 2027.

The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global neurological disorder drugs market.

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Global Neurological Disorder Drugs Market Witness Most Promising Rise in Demand:

Brain injuries of various types and neurological diseases are one of the main causes of deaths worldwide. Hence, researchers are tapping into opportunities through glucose metabolism modification for the development of new drugs that could revolutionize the treatment of neurological disorders. For instance, Gero Discovery – a supplier of novel therapeutic options for neurodegenerative diseases, announced that they have found a potential drug that can help prevent neuronal deaths with the technique of glucose metabolism modification in stressed neurons. Thus, companies in the neurological disorder drugs market should collaborate with talented researchers to develop new drugs.

 Companies in the neurological disorder drugs market are increasing animal testing and obtaining promising results for future use of drugs made with glucose metabolism modification in humans. This new technique has the potential to treat Amyotrophic lateral sclerosis, Alzheimer’s, and traumatic brain injuries, among others, in the market for neurological disorder drugs. As such, companies in the market for neurological disorder drugs are capitalizing on the demand for drugs used in the treatment of Alzheimer’s, since the disorder is estimated to account for the second-highest revenue in the market by 2027.

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  • Increase in the geriatric population leads to manifestation of various neurology disorders, which, in turn, fuels the global market. Cerebrovascular diseases such as stroke and migraine are high in countries such as Germany, the U.K., and Italy in all age groups. France, Sweden, Greece, Denmark, and Russia have high incidence rate of cerebrovascular diseases in people aged between 45 and 84. A study published in NCBI in 2018 indicated that prevalence of stroke was 67% among adults aged 65 years and above in Singapore.

 Key Players of Global Neurological Disorder Drugs Market:

  • The report concludes with the company profiles section that includes key information about the major players in the market
  • Leading players analyzed in the report are
    • Novartis AG
    • GlaxoSmithKline plc
    • Hoffmann-La Roche Ltd.
    • Pfizer
    • Bayer AG
    • Boehringer Ingelheim GmbH
    • AstraZeneca
    • Teva Pharmaceutical Industries
    • Merck & Co., Inc.
    • Otsuka Pharmaceutical Co., Ltd.
    • Amgen, Inc.
    • UCB S.A.
    • Eli Lilly and Company
    • Biogen

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