Global Neuroprotective Agents Market is Estimated to Reach $76 Billion by 2022, Says Accurize Market Research
Global Neuroprotective Agents Market report published by Accurize Market Research forecast that the global market is expected to reach $76 billion by 2022; growing at a CAGR of 6.8% from 2016 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increasing occurrence and pervasiveness of neurodegenerative diseases, especially in mature populations and need for the treatment of brain harms caused chiefly by road accidents to drive the growth of the market
Increasing occurrence and pervasiveness of neurodegenerative diseases, especially in mature populations and need for the treatment of brain harms caused chiefly by road accidents fuels the demand for the global neuroprotective agents market. Furthermore, increasing demand in the developing countries of Asia-Pacific region and the rise in consumer awareness towards health also boosts the growth of the market.
The global neuroprotective agents market has been bifurcated on the basis of technology type, therapeutic indication, and geography. Technology type segment is bifurcated as therapeutic agents and regenerated medicine products. Therapeutic indication segment includes neuroprotective agents for cerebrovascular disease, neuroprotective agents for neurodegenerative disorders, neuroprotective agents for ophthalmic diseases, neuroprotective agents for traumatic central nervous system injuries, neuroprotective agent-based drug discovery and development industry and neuroprotective agents’ biochip industries. By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Top players in the market
The key players operational in the market includes AB Science S.A.,Aerie Pharmaceuticals Inc., Allergan, Bayer Healthcare, Biogen Inc., Daiichi Sankyo Inc., GlaxoSmithKlinePlc., Merck Serono S.A., Mitsubishi Pharma Corp., Pfizer Inc., Quark Pharmaceuticals Inc., and Sanofi among others.
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