Global Treatment for Syndromes of Dementia and Movement Disorders Market: Forecast to 2020
According to a new market report published by Persistence Market Research “Global Market Study on Treatment for Syndromes of Dementia and Movement Disorders: Asia to Witness Highest Growth by 2020,” the global treatment for syndromes of dementia and movement disorders market was valued at USD 12,859.8 million in 2014 and is expected to grow at a CAGR of 8.6% from 2014 to 2020, to reach an estimated value of USD 21,154.8 million in 2020.
Globally, the treatment for syndromes of dementia and movement disorders market is witnessing significant growth due to increasing prevalence of neurodegenerative diseases. In addition, increasing R&D investment in drug delivery and development and rising awareness of mental disorders are also fueling the growth of the market. However, strict regulatory requirements and long approval time for drugs hampers growth of the global treatment for syndromes of dementia and movement disorders market.
The global treatment for syndromes of dementia and movement disorders market is anticipated to grow from an estimated USD 12,859.8 million in 2014 to USD 21,154.8 million in 2020 at a CAGR of 8.6% during the forecast period. North America is the largest region for treatment for syndromes of dementia and movement disorders market and Asia is the fastest growing region. In addition, progressive dementia is the most popular and fastest growing segment in this market.
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Frontotemporal dementia, Alzheimer’s disease, and Lewy body dementia are some of the types of progressive dementia. The Alzheimer’s disease treatment market is anticipated to grow from an estimated USD 4,755.2 million in 2014 to USD 8,208.2 million in 2020, growing at a CAGR of 9.5% during the forecast period.
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