According to Arizton’s latest research report, the Alzheimer’s disease therapeutics market will grow at a CAGR of 12.19% during 2022-2028.
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Market Overview:
Alzheimer’s disease is the most common cause of dementia among individuals aged 60 and above. It accounts for approximately 75% of the total cases of dementia worldwide. The incidence rate of Alzheimer’s appears to be declining. This decline has been attributed to improvements in Alzheimer’s risk factors, such as hypertension. However, even with this potentially low incidence rate, the number of individuals suffering from Alzheimer’s is expected to continue growing because of an increase in adults aged 65 and above. According to estimates, the total number of individuals with Alzheimer’s or other types of dementia in the US and other high-income Western countries is expected to continue to increase dramatically due to the geriatric population. In 2020, an estimated 5.8 million Americans aged 65 had Alzheimer’s disease. This number is projected to nearly triple to 14 million people by 2060.
Alzheimer’s Disease Therapeutics Market Report Scope
Report Scope | Details |
Market Size (2028) | USD 7.16 Billion |
Market Size (2022) | USD 3.59 Billion |
CAGR (2022-2028) | 12.19% |
Historic Year | 2019-2021 |
Base Year | 2022 |
Forecast Year | 2023-2028 |
Market Segmentation | Drug Class, Gender Type, Age Group, Severity Type, and Geography |
Countries Covered | United States, France, Germany, Italy, the UK, Spain, China, and Japan |
Market Dynamics |
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Key Milestones in The Alzheimer’s Disease Therapeutics Market:
- In April 2022, Biogen Announced that the European Medicines Agency (EMA) had withdrawn its Marketing Authorization Application (MAA) for aducanumab to treat the early stages of Alzheimer’s disease due to a lack of sufficient data.
- In March 2022, Corium, Inc. announced that the U.S. Food and Drug Administration (FDA) had approved Adlarity (donepezil transdermal system) as a treatment for patients with mild, moderate, or severe dementia of Alzheimer’s Disease.
- In June 2021, Biogen Announced that the U.S. Food and Drug Administration (FDA) had granted accelerated approval for Aduhelm (aducanumab-avwa) to treat early Alzheimer’s disease. The approval is based on two Phase 3 clinical trials—EMERGE (Study 1) and ENGAGE (Study 2)—in patients with early stages of Alzheimer’s disease (mild cognitive impairment and mild dementia) with confirmed presence of amyloid pathology.
Report Coverage
- Detailed overview of Alzheimer’s Disease, including disease definition, classification, diagnosis, and treatment pattern.
- Overview of the global trends of Alzheimer’s Disease in the eight major markets (8MM)
- The historical, current, and projected patient pool of Alzheimer’s Disease in the eight major markets (8MM) for 2019 – 2028.
- Gender type, Drug Class, Age group, Severity type, and Geography type segmentations of Alzheimer’s Disease in the eight major markets (8MM).
- The historical, current, and projected market size of Alzheimer’s Disease in the eight major markets (8MM) for the 2019 – 2028 period.
- In-depth market segment analysis, including products, treatment, and competitor analysis.
- Market share of the players, company profiles, product specifications, and competitive landscape.
- Comprehensive data on emerging trends, market drivers, growth opportunities, and restraints.
- Detailed overview of marketed drugs with key coverage of developmental activities, including sponsor name, approved indication, territory, collaborations, licensing, mergers and acquisitions, regulatory designations, and other product-related activities.
- Detailed overview of therapeutic pipeline activity and therapeutic assessment of the products by development stage, product type, route of administration, molecule type, and MOA type for Alzheimer’s Disease across the complete product development cycle, including all clinical and non-clinical stages.
- Detailed overview of clinical trial activity and therapeutic assessment of the products by development stage, product type, route of administration, molecule type, and geography type for Alzheimer’s Disease across all clinical stages.
- Coverage of dormant and discontinued pipeline projects and the reasons across Alzheimer’s Disease.
- Coverage of major milestones (product approvals/launches timelines, clinical trial result publications, regulatory designations, licensing & collaborations, research & development progress of pipeline assets) in the Alzheimer’s Disease space.
Market Segmentation
Drug Class: ACE Inhibitors, NMDA Inhibitors, and Other Drug class
Gender Type: Men and Women
Age Group: 65-74 years, 75-84 years, and 85 years & Above
Severity Type: Mild, Moderate, and Severe
Geography: North America (United States), APAC (China, Japan), and Europe (France, Germany, Italy, Spain, and the UK)
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