The study covers a detailed analysis segmented by key business segments i.e. and major geographies.
What is Parkinson’s Disease Therapeutics?
Parkinson's disease is a progressive nervous system condition that affects people's ability to move. Parkinson's disease symptoms begin slowly, with tremors in one hand that are barely visible. Stiffness, rigid muscles, impaired posture and balance, lack of automatic movement, and slowing of movement are common symptoms of the disease. While Parkinson's disease cannot be entirely cured, drugs can help to alleviate the symptoms. Parkinson's disease is an idiopathic disease that develops for no apparent reason. Only symptomatic drug therapies are currently available on the market. Furthermore, these effects are detected at a later point, when the majority of the dopamine-producing cells have stopped working. This scenario suggests that innovative drugs will be needed in the near future. The demand is being driven by two major factors: an ageing population and an increase in the incidence of neurodegenerative diseases. Furthermore, rising R&D spending and the number of drugs in development are expected to boost market growth. Recent advancements in Parkinson's disease therapeutics, such as combination therapies to extend the action of continuous dopaminergic stimulation medications, approval of neurostimulation devices as neuroprotective therapies to delay disease progression, gene therapy, neural transplantation, and others, are expected to drive massive growth in the global Parkinson's disease therapeutics market.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Parkinson’s Disease Therapeutics market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- Optimus Pharma (India)
- Teva (Israel)
- AbbVie (United States)
- Boehringer Ingelheim (Germany)
- Lundbeck (Denmark)
- Acadia (United States)
- GlaxoSmithKline Plc (United Kingdom)
- Sun Pharma (India)
- Cipla (India)
- Dr. Reddy’s (India)
Market Trend
Carbidopa-levodopa Therapy is the Most Effective and the Most Used Medication
Restraints
- High Cost of Treatment
- Lack of Expertise for Early Diagnosis
Opportunities
Technological Advancements In Treatment Procedure and Increasing Investment in R&D in Healthcare Industry
Key highlights of the Global Parkinson’s Disease Therapeutics market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Parkinson’s Disease Therapeutics market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Parkinson’s Disease Therapeutics market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Parkinson’s Disease Therapeutics Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Parkinson’s Disease Therapeutics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Parkinson’s Disease Therapeutics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Parkinson's Drugs, Suppliers of Parkinson's Drugs, Wholesalers, Distributors and Retailers of Parkinson's Drugs, Pharmaceutical Companies, Medical Research Institutes and Governmental bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.