Parkinson’s Disease Market Report and Forecast 2025-2034

Parkinson’s Disease Market Overview

Parkinson's disease is a gradually worsening condition marked by the deterioration of nerve cells in the substantia nigra of the brain, predominantly impacting movement. Motor symptoms consist of tremors, slow movement, rigidity, and postural instability, whereas non-motor symptoms might involve cognitive impairment, mood disorders, sleep disturbances, and autonomic dysfunction. These symptoms can have a significant effect on the quality of life of a patient. The burden on caregivers is also substantial because of the progressive nature of the disease. The reason for Parkinson's is still unclear, but it is considered that environmental factors and genetic predisposition are the factors involved. Deterioration of neurons that produce dopamine in the substantia nigra, is considered the primary issue, as it results in the development of Lewy bodies in the brain.

Identifying Parkinson's disease is challenging because there is no conclusive test available. For a precise diagnosis, it is suggested to combine symptoms, tests, and a consultation with a specialist in movement disorders, particularly during the initial phases. Medical history, as well as physical and neurological examinations, are employed, occasionally alongside MRI scans. DaTscan and advanced neuroimaging techniques are employed to validate the presence of Parkinson's disease by evaluating dopamine levels and distinguishing it from other conditions. PET and SPECT, when utilizing a dopamine transporter ligand, are the most effective methods for evaluating dopamine depletion. In general, accurate diagnosis of Parkinson's disease requires a knowledgeable clinician and a thorough approach to prevent misdiagnosis.

Parkinson's disease treatment includes levodopa, dopamine agonists, MAO-B inhibitors, COMT inhibitors, amantadine, and anticholinergics. The main goal is to lessen motor symptoms in patients. In addition, therapies like deep brain stimulation, physical therapy, and speech therapy are recommended. Levodopa is the gold standard but is often used in combination.

Parkinson’s Disease Market Growth Drivers

Increased Prevalence of Parkinson’s Disease Spurs Market Growth

The increasing incidence of Parkinson's disease is having a significant effect on the market, fueled by the growing elderly population. Nearly 1 million people in the United States have Parkinson's disease. This number is projected to increase to 1.2 million by 2030. It is the second most common neurodegenerative disease after Alzheimer's. Around 90,000 new PD cases are diagnosed annually. This has resulted in an increased need for medical care and treatments, leading to the creation of new therapy and support choices.

Medical Technology Advancements to Fuel the Parkinson’s Disease Market Demand 

In February 2024, NHS in England offered a new Parkinson's treatment, Foslevodopa-foscarbidopa (Produodopa). Approved by NICE in 2023, this therapy involves a pump delivering continuous medication through a syringe under the skin. It provides constant symptom relief, reduces pill burden, and allows patients to administer additional doses for better control over their condition. Medical technology improvements are transforming the market through better accuracy in diagnosis and enhanced effectiveness in treatment. Advancements such as cutting-edge imaging, portable sensors, and artificial intelligence are enhancing early identification and customized treatment strategies. Improved high-resolution imaging enhances the ability to see brain structures more clearly, leading to accurate diagnoses and focused treatments.

Parkinson’s Disease Market Trends

Parkinson’s Disease Market Segmentation

Parkinson’s Disease Market Share

Market Share Based on Distribution Channel to Witness Growth

Based on the distribution channels, the market is segmented into hospital pharmacies, independent pharmacies, online pharmacies, and others. Hospital Pharmacies are expected to dominate the market as they play a vital role in treating severe instances and providing tailored care for Parkinson's disease. Their essential role in disease management, particularly for advanced stages and their expertise in offering professional guidance boosts the market value of this segment.

Parkinson’s Disease Market Analysis by Region

Based on region, the market report covers the United States, EU-4 (Germany, France, Italy, Spain), United Kingdom, India, and Japan.

The United States is expected to dominate the market share due to a solid healthcare system and generous research funding. The nation excels in creating innovative treatments and advancements, particularly in the field of personalized medicine. High spending on healthcare enables individuals to receive advanced treatments and specialized care, which results in continual progress in managing diseases.

The EU-4 and UK are also poised to hold a significant share driven by the presence of various healthcare systems and treatment access, encountering difficulties from increasing disease prevalence and aging populations. Substantial R&D investments are focused on enhancing patient results, which promotes innovation and the development of novel treatments.

The market is expanding in Japan and India, driven by an increase in the number of patients and advancements in healthcare. Japan provides top-notch healthcare services and cutting-edge treatments, whereas India is advancing in the field of medical research. Both nations are improving diagnostic tools and treatment options, making significant investments in research and patient care, and incorporating new technologies to fuel ongoing advancements.

Leading Players in the Parkinson’s Disease Market

Other players in the market are Acadia Pharmaceuticals Inc., Boehringer Ingelheim International GmbH, Dr. Reddy Laboratories, GSK plc, H. Lundbeck A/S, Sun Pharma, and UCB S.A.

Key Questions Answered in the Parkinson’s Disease Market Report

• What was the Parkinson’s disease market value in 2024? 
• What is the Parkinson’s disease market forecast outlook for 2025-2034? 
• What are the regional markets covered in the EMR report?
• What is market segmentation based on drug class? 
• What is market breakup based on the route of administration? 
• Who are the major end users of the market?
• What is market segmentation based on distribution channels? 
• What are the major factors aiding the Parkinson’s disease market demand? 
• How has the market performed so far and how is it anticipated to perform in the coming years? 
• What are the major drivers, opportunities, and restraints in the market?  
• What are the major trends influencing the market?  
• Which regional market is expected to dominate the market share in the forecast period?  
• Which country is likely to experience elevated growth during the forecast period?  
• Who are the key players involved in the Parkinson’s disease market? 
• What are the current unmet needs and challenges in the market? 
• How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?