Global Neurology Disorders Therapeutics Market Analysis

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  • Type: Therapeutics Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 286

  • Format: PPT, PDF

Global Neurologic Disorders Therapeutics Market Segmented by Application (Central Nervous System (CNS) and Peripheral Nervous System (PNS)), and by Region (North America, Europe, Asia and Rest of the World) – Growth, Trends and Forecast, 2019-2028

 

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Report Overview

The global neurologic disorders therapeutics market size stood at around USD XX billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 5% during the forecast period.

The advances in the diagnosis of neurodegenerative indications will be one of the critical neurological disorders therapeutics market trends. The early diagnosis of neurodegenerative indications is difficult because of their complex nature, fast progression, and lack of effective diagnostic processes. This has encouraged researchers to focus on the development of novel biomarkers that can accurately detect neurodegenerative indications.

Market Drivers

The neurological disorders therapeutics market analysis highlights the approval of novel drugs as another key factor that will drive market growth during the forecast period. For instance, the approval of OCREVEUS, a CD20 antigen inhibitor developed by Roche has boosted the adoption of therapeutics for the treatment of multiple sclerosis. The high demand for OCREVEUS for the treatment of multiple sclerosis can be attributed to the disease-modifying nature of the drug. Similarly, several other drugs received approval for the treatment of various neurologic indications, such as schizophrenia, bipolar disorder, depression, ADHD, and OCD. This rising number of drug approvals will fuel the demand for neurological disorders therapeutics, consequently driving the growth of the market at a CAGR of almost 5% during the forecast period.

Increasing neurologic disorder prevalence also drives the market growth.

Major Neurologic Disorders     

The major disorders include epilepsy, Alzheimer’s disease, Parkinson’s disease, multiple sclerosis, cerebrovascular diseases, and others.

1. Global Neurologic Disorders Therapeutics Market Overview………………….
A. Market Size
2. Market Growth Drivers……………………………………………………..……………
A. Increasing Neurologic Disorders Prevalence
B. Approval of Novel Drugs
3. Major Neurologic Disorders…..…………………………………..…………….………
A. Epilepsy
B. Alzheimer’s Disease
C. Parkinson’s Disease
D. Multiple Sclerosis
E. Cerebrovascular Diseases
F. Others
4. Neurologic Disorder Therapeutics Market Segmentation……………………..
A. By Application
I. Central Nervous System (CNS)
II. Peripheral Nervous System (PNS)
B. By Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia Market Analysis
IV. ROW Market Analysis
5. Neurologic Disorder Therapeutics Major Market Share…………………………
A. Market Analysis, Insights and Forecast
6. Competitive Landscape………………………………………………………….………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles……………………………………………………………………
A. Biogen Company overview, Product & Services, Strategies & Financials
B. F. Hoffman-La Roche Company overview, Product & Services, Strategies & Financials
C. Johnson & Johnson Company overview, Product & Services, Strategies & Financials
8. Market Trends……………………….……………………………………..……..………
A. Advent of Regenerative Medicines
B. Advances in Diagnosis of Neurodegenerative Indications
C. Drug Reformulations
9. Healthcare Policies and Regulatory Landscape….………………………………
A. Policy Changes and Reimbursement Scenario
10. Conclusion

Market Segmentation

By Application

On the basis of application, the market of neurologic disorders therapeutics market is segmented into Central Nervous System (CNS) and Peripheral Nervous System (PNS).

The CNS segment will account for the highest neurological disorders therapeutics market share. Recent drug approvals, increasing geriatric population, and increasing awareness campaigns are some of the factors responsible for neurological disorders therapeutics market growth in this segment. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the neurological disorders therapeutics market size.

By Region:

By geography, the neurologic disorders therapeutics market is divided into North America, Asia, Europe and ROW (Rest of the World).

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the neurologic disorders therapeutics market throughout the forecast period. Factors such as the strong dominance of generics and increasing prevalence of neurologic disorders will fuel the growth of the neurological disorders therapeutics market in this region.

Top 5 Major Players

With the presence of several major players, the global neurologic disorders therapeutics market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading neurologic disorders therapeutics manufacturers, that include Biogen Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson Services Inc., Novartis AG, Pfizer Inc.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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