Asia-Pacific Alzheimer's disease market set to expand at 7.9% CAGR

23 March 2016

The Asia-Pacific (APAC) Alzheimer’s disease market will grow from $3 billion in 2014 to $5.1 billion in 2021, representing a robust compound annual growth rate (CAGR) of 7.9%, new research indicates.

According to business intelligence provider GBI Research’s latest report, the main driver of this impressive growth, which will occur across the APAC countries of India, China, Australia and Japan, will be rising and aging populations, as Alzheimer’s disease is significantly more prevalent among the elderly.

Additional market drivers include better diagnostic techniques, improving health awareness, special healthcare programs, health insurance coverage, and increasing treatment affordability.

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