The global rare neurological disease treatment market is anticipated to reach a value pool of ~US$7.5 Bn by 2024 and is projected to grow at Y-o-Y of over 8.5% by 2024 over 2019. The market for rare neurological disorder treatment is expected to follow an upward growth trend over the forecast period on the back of increasing trend of e-prescribed drugs, promotional programmes and regulatory exclusivity.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4594
The new business model to invest more in orphan drugs developments could offer an integrated healthcare solution that enables pharmaceutical companies to develop newer areas of therapeutics, diagnosis, treatment, monitoring, and patient support. In addition, increasing penetration of online pharmacies is also becoming a wish list of key manufacturers to drive revenue in the rare neurological disease treatment market.
Global Rare Neurological Disease Treatment Market: In-Depth Assessment on Key Segments
The global rare neurological disease treatment market is segmented on the basis of drug class, route of administration, disease indication, distribution channel, and region.
For More Insights: https://www.biospace.com/article/oral-chemotherapy-market-banking-on-regulatory-approvals-of-new-drug-candidates/
|
Drug Class |
Route of Administration |
Disease Indication |
Distribution Channel |
Region |
| Anti-depressants | Injectable | Alzheimer’s Diseases | Hospital Pharmacies | North America |
| Anti-psychotics | Oral | Narcolepsy | Retail Pharmacies and Drug Store | Latin America |
| Cholinesterase Inhibitors | Multiple Sclerosis | Online Pharmacies | Europe | |
| Biologics | Amyotrophic Lateral Sclerosis | South Asia | ||
| Others (Anti-vertigo, Anti-seizure, etc.) | Others | East Asia | ||
| Oceania | ||||
| Middle East & Africa |
Key Takeaways from the Rare Neurological Disease Treatment Market:
- In terms of revenue, North America accounts for ~40% of the market share in the global rare neurological disease treatment market
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4594
- In East Asia, three countries namely Japan, Taiwan and South Korea have introduced policies that foster orphan drug research and development. Resultantly, the region is expected to witness a strong growth of over 8% during the forecast period (2018-2028).
- Increasing per capita healthcare spending on rare neurological diseases such as Alzheimer’s is supporting the robust growth of the global rare neurological disease treatment market. Healthcare spending on Alzheimer’s disease treatment is poised to create an absolute $ opportunity of more than US$ 5 Bn during the forecast period.
- The retail pharmacy and drug store segment continues to set a high standard to achieve superior rates of customer satisfaction and is projected to grow at a Y-o-Y of 9% through the forecast period
“Strategic partnerships between pharmaceutical giants and researchers as well as orphan drug legislations are providing financial incentives for companies developing drugs for rare neurological diseases”, Says an Analyst at Fact.MR
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4594/S
Market Players Consolidating with Widening Investment Opportunities
The global rare neurological disease treatment market is consolidated across the legacy regions and witnessing several new investments and entry of new manufacturers in key therapeutic areas owing to increasing prevalence of rare diseases. Key Players such as Pfizer, Inc., Johnson & Johnson Services, Inc. and Novartis AG are continuously emphasizing on new investments and R&D activities to reduce their manufacturing costs.
Over the years, the global market for rare neurological disease treatment has witnessed several collaborations and partnerships between the drug manufacturers to enhance revenue generation and expand geographical drug footprints. This has created several growth opportunities for manufacturers to increase their share in the rare neurological disease treatment market.
For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=4594
Why Choose Fact.MR?
- 24/7 Service Offering
- Digital Business Strategy Solutions
- Precise Supply Chain Augmentation Analysis
- Syndicated and Customized Reports for Clients
- Up-To-Date Insights on Industry Trends
Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape
Predictive Diagnostics Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031: https://www.factmr.com/report/predictive-diagnostics-market
Circulating Tumor Cells (CTC) Diagnostics Market Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2030: https://www.factmr.com/report/circulating-tumor-cells-ctc-diagnostics-market
Bacteriophage Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2030: https://www.factmr.com/report/bacteriophage-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: [email protected]
Visit Our Website: https://www.factmr.com
