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The global Parkinson s disease drugs industry is expected to grow at a CAGR of about 7.9% in the forecast period of 2024-2032 to reach a value of around USD 13.26 billion by 2032.
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The availability of proper health facilities, pharmaceutical options, diagnostic labs, and skilled personnel like neurologists can improve the detection of Parkinson’s disease. Europe, followed by North America, are at the forefront of this market because of the presence of the above facilities. This is further bolstered by government funding for research and growing health awareness is expected to further improve the market for these drugs. In Asia Pacific, the growth rate for Parkinson’s disease drugs is expected to be high in the forecast period 2024-2032 because of the growing ageing population in Japan and China. Furthermore, with improving healthcare networks in Asia Pacific, the market is further expected to rise in the coming years.
Parkinson’s disease is a neurogenerative disease which affects motor capabilities. It generally occurs in senior citizens and the symptoms include shaking of limbs, stiffness, and walking and speech difficulty. This is a result of nerve damage because of which the dopamine levels in the brain can drop, leading to this disease. Since there are inadequate resources for the diagnosis of this disease, the disease often goes undetected till a later stage.
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The Parkinson’s disease drugs market can be segmented by drug class into:
It may be differentiated by route of administration into:
It may be divided on the basis of distribution channels into:
The market may be differentiated on the basis of end-use as:
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.
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For Parkinson’s disease, the first response is usually medication. As generic drugs gain a stronger foothold, especially in developing countries, companies can expect to expand into wider markets. With a rise in skilled professionals like neurologists and lab technicians, the detection rate of the disease will also increase, in turn increasing the market for drugs. Stronger drug pipelines of pharmaceutical companies will positively affect the market too. Over time, a rise in the sales of drugs is expected because of increasing presence of diagnostic labs and chemist shops. Growing health awareness and improving healthcare facilities, especially in developing countries is expected to positively impact the growth of the market.
The report gives a detailed analysis of the following key players in the global Parkinson’s disease drugs industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Drug Class |
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| Breakup by Route of Administration |
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| Breakup by Distribution Channel |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global Parkinson’s disease drugs market is projected to grow at a CAGR of 7.9% between 2024 and 2032.
The major drivers of the market include the rise in the sales of drugs, increasing presence of diagnostic labs and chemist shops, growing health awareness, improving healthcare facilities, government funding for research, and growing ageing population.
A rise in skilled professionals like neurologists and lab technicians and stronger drug pipelines of pharmaceutical companies are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The Parkinson’s disease drugs market can be segmented by drug class into MAO-B inhibitors, levodopa, COMT inhibitors, dopamine agonists, and anticholinergics, among others.
It may be differentiated by route of administration into oral, injection, and transdermal.
The distribution channels include hospital pharmacies, retail pharmacies, and online, among others.
The end-uses are hospitals and clinics, among others.
The major players in the industry are Pfizer Inc., Medtronic plc, GlaxoSmithKline plc., AbbVie Inc., and Novartis AG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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