Global Anti-Parkinson Drugs Market Trends And Strategies Of Major Players In The Anti-Parkinson Drugs Market 2021-2030

8 Oct, 2021

The anti-Parkinson drugs market consists of sales of drugs used for treating Parkinson's disease (PD), generated by the establishments that manufacture these drugs. Parkinson's disease is a neurodegenerative disorder that affects predominately dopaminergic neurons in a specific area of the brain named substantia nigra and disturbs the movement of the body. People suffering from PD may experience tremor, bradykinesia, limb rigidity, gait, and balance problems.

Global Anti-Parkinson Drugs Market Size And Drivers:

The global anti-Parkinson’s drugs market is expected to grow from $5.3 billion in 2020 to $5.55 billion in 2021 at a compound annual growth rate (CAGR) of 4.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $7.78 billion in 2025 at a CAGR of 9%. The increasing geriatric population and surging cases of Parkinson's disease (PD) are projected to drive the demand for the anti-Parkinson drugs market.

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Trends In The Global Anti-Parkinson Drugs Market

Increasing investments by governments and companies for Parkinson’s disease drug R&D is a major trend in the anti-Parkinson drugs market. For instance, according to the report published in 2018 by the Parkinson’s Foundation, the foundation awarded $6 million to Parkinson's disease (PD) research. In January 2019, Parkinson’s UK Research and Support charity in the United Kingdom announced a research investment of $1.9 million (£1.5 million) into its drug discovery program to develop novel gene transcription modulators for Parkinson’s disease. Hence, increasing investments in Parkinson’s drug development are expected to drive the anti-Parkinson's drugs market.

Global Anti-Parkinson Drugs Market Segments:
The global Parkinson’s disease drugs market is further segmented –
By Drugs Class: Levodopa/Carbidopa, Dopamine Receptor Agonists, Monoamine Oxidase Type B (MAO-B) Inhibitors, Catechol-O-Methyltransferase (COMT)-inhibitors, Anticholinergics, Other Drugs.
By Route of Administration: Oral, Injection, Transdermal.
By Distribution Channel: Hospital Pharmacies, Retailer Pharmacies, Online Pharmacies.
By Geography: The global anti-Parkinson drugs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Anti-Parkinson Drugs Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides anti-Parkinson drugs market overviews, analyzes and forecasts market size and growth for the global anti-Parkinson drugs market, anti-Parkinson drugs market share, anti-Parkinson drugs market players, anti-Parkinson drugs market segments and geographies, anti-Parkinson drugs market’s leading competitors’ revenues, profiles and market shares. The anti-Parkinson drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.