The market for Alzheimer's disease (AD) drugs is projected to experience robust growth at a compound annual growth rate of 20.0% from $2.2 billion in 2020 to $13.7 billion in 2030 across the eight major markets (8MM: the USA, France, German, Spain, the UK, Japan and China).
This expansion is primarily attributed to the introduction of pioneering therapies aimed at addressing the challenges posed by AD, says sector analytics firm GlobalData.
GlobalData’s latest report, “ Alzheimer’s Disease: Eight-Market Drug Forecast and Market Analysis – Update,” reveals that the main driver of growth will be the launch of 23 new pipeline products, including novel symptomatic therapies for the treatment of agitation associated with AD and the entry of disease-modifying therapies (DMTs) to the market.
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