Market Snapshot:
Dementia is a group of symptoms characterized by a decline in memory, language, problem-solving and other thinking skills that affect a person's ability to perform everyday activities. It is not a specific disease, but several different diseases may cause dementia. It is caused by injury or loss of brain cells. The most common cause of progressive dementia in older adults is Alzheimer's disease, but there may be another cause of dementia. Depending on the cause, some dementia symptoms may be reversible.
Highlights from Dementia Care Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Parentgiving, Inc. (United States), AliMed, Inc. (United States), Comfort Keepers (United States) and Felgains - Care Equipment & Independent Living Products (United Kingdom).
Geographic Breakdown and Segment Analysis
The Global Dementia Care market presents a comprehensive analysis of the Dementia Care market by product type (Memory Exercise & Activity Products, Daily Reminder Products, Bathroom Safety Products, Dining Aids Communication Products and Personal Safety Products Others), by end-user/application (Home Care Settings and Long Term Care Centers), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Dementia Care industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Dementia Care market
Analyst at AMA have segmented the market study of Global Dementia Care market by Type, Application and Region.
Influencing Trend:
Technological Advancements in the Field of Medical Science
Market Growth Drivers:
Increased Prevalence of Dementia and Development of New Diagnostic Centre and Hospitals
Challenges:
Less Awareness among People
Restraints:
Less Adoption rate of the Products
Opportunities:
Growth in the Healthcare Industry Worldwide and Development of Healthcare Infrastructure in Emerging Economies
Market Developments Activities:
In October 2023, Home Instead Senior Care acquires Comfort Keepers. This acquisition brings together two of the largest home care providers in the United States, creating a company with more than 650,000 caregivers and serving over 800,000 families.
In October 2023, Eli Lilly and Company announced positive Phase 3 results for its investigational Alzheimer's disease drug donanemab. Donanemab met its primary endpoint of slowing cognitive decline compared to placebo in patients with early-stage Alzheimer's disease.
The Competitive Landscape of the Dementia Care Products study will give a thorough analysis of the industry, as well as the production graph, practical models, and revenue generated by each significant competitors mentioned. Additionally, it offers information on the value trends and gross margins of each manufacturer, as well as the market shares held by significant businesses during the projection period.
Key Target Audience
Dementia Care Products, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user