Global Central Nervous System Disorders Therapeutics Market, by Disease Type (Mood Disorders, Neurodegenerative Disorders {Multiple Sclerosis, Alzheimer’s Disease, and Parkinson’s Disease}, Psychotic Disorders, Trauma, Anxiety Disorders, and Infectious Diseases), by Drug Class (Antipsychotics, Analgesics, Anticonvulsants, Antidepressants, Sedatives & Hypnotics, and Anti-cholinergic Agents), by Distribution Channel (Online Pharmacies, Hospital Pharmacies, and Retail Pharmacies), and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) had a valuation of US$ 97,028.1 million in 2021 and is anticipated to grow at a CAGR of 7.4% during the estimated timeframe (2021-2028), as highlighted in a new report published by Coherent Market Insights.
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Expanding item dispatches and administrative endorsements for focal sensory system issues therapeutics are supposed to drive the development of the global central nervous system disorders therapeutics market over the conjectured timeframe. In October 2019, Biogen, a U.S.-based biotechnology organization, and Alkermes plc. an Ireland-based biopharmaceutical organization, got the U.S. FDA endorsement for their medication Vumerity, which they created through a coordinated effort arrangement and which is utilized for the treatment of multiple sclerosis.
Effect of the Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic has impacted the whole drug industry’s inventory network. It will also increase interest in the global central nervous system disorders therapeutics market due to the link between neurological illnesses like anxiety, depression, and others and COVID-19 contamination. As indicated by an article distributed by the Clinical Preliminary Field in January 2021, around 84% of patients experiencing extreme COVID-19 disease are accounted for to encounter a mental debilitation like mental disarray of some sort or another. This study reveals that COVID-19 patients are at a higher risk of developing a neurological problem like dementia or Alzheimer’s infection.
Individuals experiencing intense COVID-19 contamination might foster disarray, ridiculousness, and misery of awareness. People who experience the ill effects of post-intense episodes of COVID-19 frequently experience issues with concentration and memory issues, in some cases alluded to as “mind haze.” This weakening is a typical side effect in individuals with serious exhaustion.
In addition, a few UN offices, including the International Labor Organization (ILO), International Organization for Migration (IOM), The United Nations Development Program (UNDP), United Nations Educational, Scientific, and Cultural Organization (UNESCO), The United Nations Population Fund (UNFPA), The United Nations High Commissioner for Refugees (UNHCR), The United Nations Children’s Fund (UNICEF), United Nations Office on Drugs and Crime (UNODC), and the Office of the Secretary-General’s Youth Envoy are expanding their psychological and psychosocial reactions to help individuals adapt to COVID-19 by including emotional wellness and psychosocial support in their work across particular areas in nations to work on the general viability and effect of their COVID-19 reaction and recuperation exercises.
Additionally, business methodologies such as associations and coordinated efforts to support the innovative work of therapeutics for the treatment of neurodegenerative CNS problems by vital participants are likewise expected to help with the development of the global central nervous system disorders therapeutics market over the conjectured timeframe. In January 2021, Atalanta Therapeutics, a U.S.-based biotechnology organization, entered into a coordinated effort with Biogen, a U.S.-based biotechnology organization, and Genentech, a U.S.-based biotechnology enterprise, to co-foster RNAi therapeutics for the treatment of neurodegenerative CNS problems like Huntington’s sickness, Alzheimer’s illness, and Parkinson’s infection.
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Key Takeaways
The global central nervous system disorders therapeutics market is supposed to show a CAGR of 7.4% during the conjecture timeframe, due to rising innovative work and coordinated effort by drug organizations, as would be considered normal to support the development of the market. In April 2021, Otsuka, a drug organization, and Lundbeck, a Danish global drug organization, declared the continuation of selecting patients for stage III clinical preliminaries for brexpiprazole to treat patients with Alzheimer’s dementia.
Among infection types, the neurodegenerative problems section is assessed to represent the biggest portion of the overall industry in the global central nervous system disorders therapeutics market in 2021. As per the National Multiple Sclerosis Society information for 2020, around 2.8 million individuals overall experienced numerous sclerosis (MS) in 2020.
Among districts, North America assessed to represent the biggest share in the global central nervous system disorders therapeutics market in 2021. Expanding predominance of focal sensory system problems in the district is supposed to reinforce the market development over the conjecture timeframe. As per an information distributed by Alzheimer’s Association in 2017, around 5.5 million individuals in the U.S of any age experienced Alzheimer’s dementia in 2017.
Key companies contributing to the global central nervous system disorders therapeutics market include AbbVie Inc., Takeda Pharmaceutical Company Limited, AstraZeneca Plc., Novartis AG, Merck & Co., Inc., Eli Lilly and Company, Biogen Inc., Glenmark Pharmaceuticals, Pfizer Inc., Lupin Ltd, Cipla Inc., Dr. Reddy’s Laboratories Ltd., Teva Pharmaceutical Industries Ltd., Otsuka Pharmaceutical Co., Ltd., and Glaxosmithkline plc.
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☑ It attempts an analysis of the competing scenario.
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☑ Central Nervous System Disorders Therapeutics market size estimation and recent advancements in the industry are explained.
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Disease Type
- Market Snapshot, By Drug Class
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- PEST Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Pipeline Analysis
- Regulatory Scenario
- Epidemiology
- Prescription Pattern and Prescribing Behavior
- Market Dynamics
- Global Central Nervous System Disorders Therapeutics Market– Impact of Coronavirus (COVID-19) Pandemic
- Demand and Supply Analysis
- Epidemiology
- Government Initiatives
- Global Central Nervous System Disorders Therapeutics Market, By Disease Type, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Neurodegenerative Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Alzheimer’s Disease
- Parkinson’s Disease
- Multiple Sclerosis
- Others
- Infectious Diseases
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Psychiatric Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Anxiety Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Dry
- Wet
- Trauma
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Mood Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Introduction
- Global Central Nervous System Disorders Therapeutics Market, By Drug Class, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Analgesics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Anti-cholinergic Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Anticonvulsants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Sedatives and Hypnotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Antidepressants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Antipsychotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Introduction
- Global Central Nervous System Disorders Therapeutics Market, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
- Global Central Nervous System Disorders Therapeutics Market, By Region, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2028
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2028, (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2028, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2028, (US$ Mn)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2028, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2028, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Disease Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Region/Country, 2017 – 2028, (US$ Mn)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Biogen Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Pfizer Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Eli Lilly and Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Merck & Co., Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Novartis AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AstraZeneca Plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Teva Pharmaceutical Industries Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Takeda Pharmaceutical Company Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AbbVie Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Glaxosmithkline plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Otsuka Pharmaceutical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Reddy’s Laboratories Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Cipla Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Lupin Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Glenmark Pharmaceuticals
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Biogen Inc.
- Analyst Views
- Section
- Research Methodology
- About us
About Coherent Market Insights
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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